Not knowledgeable in the workings of mining companies. But...

Not knowledgeable in the workings of mining companies. But perhaps if a takeover was eligible, then it would require a contractual agreement to ensure that a % of ore goes to nmdc/India.

my only concern is if they don't go down the route of bank financing, that we're going to get diluted out because nmdc will be able to foot the bill on a cr but we as shareholders won't. I thought there was rules about the limit that nmdc could own of a public company with foreign investment rules but they seen to have got past 90% no issues.