IRL 0.00% 0.0¢ india resources limited

Ann: IRL signs Prism coal contract , page-2

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  1. 2,485 Posts.
    Subject to $8.75M we are set. This is a massive announcement. If we can finance this we will be producing in Nov 2013. Looks like the Surda work ethic has leverage. Surda contract comes up for review 2014 so the medium term looks good. Yes we have some lag but this bottom draw dweller looks safer today. Coal and copper a good portfolio.
    Be interesting to see how the market reacts. Might see 1.4c today.
 
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