For the keen observer it is clear that open communication with...

For the keen observer it is clear that open communication with our Indian partners remains a problem. On the 26th the announcement read that a ECT board meeting would endorse a "frozen" RCA, 2 days later this was watered down by "expectation".

Analysis paralysis I hope!

26 February

"ECT will hold an extraordinary board meeting once the RCA is ‘frozen’ to consider the approval to sign."

28 February

“Having received our board’s approval last night, we have today provided copies of the document to both

NLCIL and NMDC for them to submit internally on the expectation that the key terms are now ‘frozen’ and

as such there are no further material changes to be made.