NMDC terminates contract with BHEL. (Due to lack of progress) How ironic given our four months in suspension waiting on NMDC to make a decision. We will find out next week how much the share price dips based on the decision not to proceed. My only question to the ect rep was and is why did they not proceed. There has to be a reason and I would like to know what it was. If management can't get an official response then a statement of worded in such a way that we get some insight into most probable reasons. Just walking away from this mob shouldn't be an option.
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