I doubt whether IRL shareholders realise the importance of the...

I doubt whether IRL shareholders realise the importance of the Filter Supply Contract announcement.
Bet most read the announcement but don't realise the long term benefits of this one single announcement.

"A long term agreement is being prepared between IRL and NIYTX to bring this new technology to the Indian market. This has the potential to be a lucrative business for both parties and could bring substantial efficiencies and savings to the Indian resources and power industries."


Yantai Tong Xing Industrial Co. Ltd is a major manufacturer in China. It is employs more than 800 people in research, development and manufacture of specialized filter systems in China.

http://www.hexingjixie.com


" We are special in the researching and manufacturing filter and centrifuge machine. Our mainly plants are as following: DU series rubber belt vacuum filter, TC series precise ceramic vacuum filter, LXD series continuous automatic dumping centrifuge, MS series micro desulfate filter, CF series dynamic cross flow filter, PBF series continuous horizontal vacuum belt filter, DZY and DY series press belt filter, precise tubular filter, univertor and soft-start and so on, which of them are widely used in military industry, mines, chemical industry, powder plant, food, environment protection and so on, covers the 70%share of the Chinese filter market, meanwhile export to Southeast Aisa, European and so on. Now we are one of the largest manufacturer and supplier of the vaccum filter filed in Asia."

No wonder why all IRL directors took up the SPP, they are now in the TOP 5 shareholders.