Ann: Technology Acquisition Update & Voluntary Suspension Exit, page-203

This is the type of information that NMDC was conveying to shareholders:

Director Technical at NMDC, Mr Narendra K Nanda stated, “NMDC are conscious of the timeframe for implementation of this important project and remain ready, willing and able to finalise approvals as soon as possible. It is essential that all project partners are able to complete their necessary internal processes such that the project, once started, can proceed with minimal interruption. All parties have made efforts to ensure that parallel processes such as engineering, site works, and establishment of the Project Control Committee continue to progress so that the overall project remains on track.”

They also confirmed readiness to finalise approvals subject to NLCIL completing their review and approval.

You don't think that type of feedback should give shareholders, ECT management and any reasonable person a fair amount of confidence that the project would progress?