The ability to break India will take years for any established OZ miner. NSL is one example of an IO play in India with Indian government support already. RIO & BHP have tried India and both got caught up in the red tape, if AGO was to try, they would need patience and time, shareholders won't give it to them.
I agree though India is "where it's at", but given India's vast supply of domestic IO you wouldn't expect a huge tapping of the Australian IO supplies for India's needs.
AGO Price at posting:
1.5¢ Sentiment: Hold Disclosure: Held
