Gee's, these guys are really not saying much at all. Really drives me to drink this stuff, on a promise all the time but no delivery.
What's happening with the IO applications?
+++++++++++++++++++++++++++++++++++++++++++++++++++++++++++ Bonai Project – Iron Ore IRL has maintained its application portfolio of 15 applications in the states of Orissa and Jharkhand. +++++++++++++++++++++++++++++++++++++++++++++++++++++++++++
Well, when is it likely to be settled one way or the other?
Also lucky they have fixed price copper contract for Surda otherwise I doubt they could continue mining there let alone their new applications for other copper mines below. Settled November - YEAH RIGHT EION
+++++++++++++++++++++++++++++++++++++++++++++++++++++++++++ The Company has also taken the next steps towards expanding its production base in the Indian subcontinent.
In this regard, India Resources has recently tendered for a potential second major Mine Development opportunity in India, again through the HCL alliance – the Khetri and Kolihan Mine, located near New Delhi in northern India.
The outcome of this tender is expected to be announced in October/November 2008; if successful, it could deliver a significant additional production and earnings base for the Company. +++++++++++++++++++++++++++++++++++++++++++++++++++++++++++
THIS DAMN TIGER IS DEAF AND AIN'T AWAKING FOR ANYONE - STILL HIBERNATING
IRL Price at posting:
1.5¢ Sentiment: Buy Disclosure: Held