IRL india resources limited

prism contract in annual report

  1. 88 Posts.
    Here is the text from the opening statement of the annual report on Prism

    "In addition, in March 2010, the Company submitted a tender to
    develop a second coal block owned by Prism Cement that
    requires production of approximately 300,000 tonnes of coal per
    annum. Discussions with Prism Cement are proceeding well and
    we expect them to make a final decision on the tender shortly."

    and from the ASX release 22/9 on Prism

    "India Resources Limited (Company) advises that the Company�s wholly owned subsidiary, IRL Coal India Pvt Ltd (IRLC), has been appointed by Prism Cement (Prism) as the preferred contractor for the development of the Sial Ghogri underground coal mine situated in the State of Madhya Pradesh in India"

    Seriously, you reckon they would actually check their annual report before release wouldnt you?
 
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