Incredible India and the behaviour of the billion dollar PSU - NMDC, page-7

Newborn I realise everyone is a bit agro now and have every right to feel that way but please if your going to post, make sure of your facts and avoid making false statements.
You claim ECT hasn’t arranged funding for the WTE acquisition. Pleas read the Announcement from 7th June where it clearly states the acquisition will be funded by a partial redraw of the Challenge Bricks and Roofing Pty Ltd loan.

IMO they now need this WTE acquisition as it can hopefully provide some near term revenue and by the sound of it NLC is interested. I believe it is a space that has huge potential.
Obviously I’m a little nervous about relying on an Indian company to partner us but it does sound like our NLC relationship is on a reasonably good footing.
If NMDC come knocking saying sorry we really want to join you, I sincerely hope our management show them a very large middle finger before slamming the door. Much better working with one partner than two.