I find this interesting....
In proposing this extension ECT has taken the view that, with all other approval processes complete and remaining on-foot, and with resource allocation required to advance other parallel key projects in Australia, an MOU extension of a longer timeframe will provide the greatest possible opportunity for NMDC to complete its processes and for "demonstrable progress" to be made towards signing of the RCA and financial close.
While the Company will continue to support NMDC’s decision making processes to reach anticipated approval to proceed with the India project, "progress is proving unpredictable."
3 Months...
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- Extension has been extended to 7 June
Extension has been extended to 7 June, page-83
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