To be fair to NMDC in some respects , after 6 years the proposed Adani coal mine up in Queensland has still not managed to get the go-ahead due to political piss potting.
No Indian Investor, Government Department or otherwise, will throw 100's of millions @ a potential / possible mine in Australia while the above saga continues...Why would they, there is no certainty of investment..
Some of the barbs thrown @ NMDC on here maybe ill directed..
Suspect we may have been thrown a lifeline by the SGQ developments. Wish we would get alongside them and share data / knowledge given the proximity. :-(
Ann: Significant Drill Results at Mt Celia-LCY.AX, page-42
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