ELE 0.00% 0.5¢ elmore ltd

Indian domestic iron ore demand, page-2

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    http://timesofindia.indiatimes.com/...tion-to-fall-sharply/articleshow/44915681.cms

    This adds more support to our sales potential. Why import when you can get it cheaper locally? Joint Venture could make it even cheaper? I can't see why we are not flying or won't be in the near future. All the ducks are lined up. The Steel producers should be jumping on this. What are the negotiations all about? We've seen how quickly a new transaction can happen with this latest sale, so what else can they be discussing? All I can think of is, who has the best terms to be a joint venture partner. This would put NSL in the box seat. I can't believe there is not more speculation about this. Good luck holders.
 
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