Found this very interesting interview with Rana Som, Chairman of NMDC (21 Dec 2010 Indian Business Standard):
Q What is the status of the acquisitions that NMDC was eyeing?
A We are working very hard on the acquisitions.
Q Are you bidding for Kolmar coking coal deposits?
A We have started technical due diligence. We will complete technical and financial due diligence by January and then put in a bid.
Q What about Atlas iron ore, where you were part of a consortium?
A For Atlas, we will leverage our mining expertise and collaborate with the management.
Q Does it mean that you are now vying for management control in the assets?
Q Obviously we want management control, but that can be forgone if we have a definite offtake agreement.
Put these comments in the context of the GIR takeover and what would does this mean ? I think I know, do you !!
nmdc and ago - solving the riddle
-
- There are more pages in this discussion • 8 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)