irl comes of age, page-3

Have you bothered to calculate how much they will get per tonne of coal? How can these clowns make money at $28/tonne of coal. If Prism Cement guarantees a profit of AUD$28/tonne delivered that would be OK. But these idiots plan to borrow $8 million and then dig out coal and get PAID just $28/tonne.
Best to buy shares in Prism Cement, they'll be getting the cheapest coal in India.
Maybe a few shareholder should email Arvind and ask for a detailed explanation, because the annnouncement is crap in my book.