IRL india resources limited

prism contract, page-3

  1. 557 Posts.
    Reggie,

    If the Prism board had decided to award the contract, it would have been on a preferred tender basis. There would be a need to privately negotiate the contract before firming it up. Prism are ready to mine (all aprovals are in place) so somebody will get the contract soon. Bankura DRI are still awaiting Environmental aproval and a mining licence.

    Care to ponder a market cap if both these deals come off? (The Bankura deal is a dead set certainty, it's a matter of waiting for aprovals before final contract).

    IRL....staying in my bottom drawer.
 
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