I told the CEO of India Resources years ago to give up on India and go look at Cambodia or Myanmar. Pity he didn't take my advice.
IRL's biggest problem was getting paid, eventually going into Administration owed $15 million by an Indian Government company.
NSL management were even bigger dopes.
Obviously the clowns managing NSL didn't even know how much IO resource or grade they had.
Its so unbelievable that its funny.
IOR Price at posting:
6.9¢ Sentiment: Sell Disclosure: Not Held