please no scrip bid from bck next week, page-21

Lol Indigo.....looks like it went way over some ones head..

The value for shareholders is bringing this to production..I would hope that management have learnt their lesson and will not just roll over this time and let it go for a pittance...

FMS are a low cost, high quality resource, and our time will come, there is no doubt about that..

I thought Management had been in discussion with Chinese Steel mills only about a strategic offtake agreement...they had said the Chinese all along...

There has never been any mention of any discussions with Indians and Jindal...big bow to draw....happy to be corrected on that one...although having said that you can never discount anyones interest in FMS...

There is still plenty of money out there....

"Jindal Steel is in the process of spending 200 billion rupees ($3.3 billion) in the two years ending March 31, 2015, to double steelmaking capacity and triple electricity generation. The spending also includes expanding its steel capacity in Oman and buying iron ore and coal assets".