IRL 0.00% 0.2¢ india resources limited

vol up early, page-2

  1. 4,867 Posts.
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    Great buying yes I agree.

    I wonder how seriously they are a contender for the Kherti Copper Mine. They must be right up there. If the Captain has done his work right with HCL it may be in the bag. I hope so. Another mine would be great.

    From recent news on India's copper demand
    +++++++++++++++++++++++++++++++++++++++++

    "For every addition of 1000 megawatts, there will be new demand of 10,000 to 15,000 tonnes of copper," said a senior Mumbai-based analyst, who did not want to be identified.

    Private and state-run power firms are planning capacity expansions of nearly 60 percent over the next several years, which will not completely solve the ongoing shortages.

    India plans to finalise four more of its "ultra-mega power projects," each capable of generating 4,000 megawatts, by March 2009, more than the electricity consumed by teeming New Delhi

 
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