Besides, NMDC has acquired Sponge Iron India Limited with plan for expansion to produce billets.Besides iron ore, NMDC also plans to go for other minerals like Coal, Diamond, gold etc for which NMDC is looking forward for leases / buy properties from foreign countries directly / under Special Purpose Vehicle / Joint Ventures.For continuing the exploration activities NMDC has set a Global Exploration Centre at Raipur ,
sometimes you have to be smart and enter early and wait patiently and read between the lines from NMDC website.....above paragraph.....
just sit tight if time is on your side....this is surely Disallowed stock atleast we don’t have to worry about finances like other minnow explorers.....plus NMDC is unlike Todd Corporation who will screw retail SHs.....
dyor....
patience is the keyword here....
strong buy @ open today....
LCY Price at posting:
4.2¢ Sentiment: Buy Disclosure: Held
