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Ann: Suspension from Official Quotation, page-144

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  1. SP3
    18,375 Posts.
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    This is from 15 Nov announcement.

    "NMDC held their board meeting on 13 November 2018, however, consideration of the RCA approval was deferred due to the unexpected absence of the Director sponsoring the project. ECT is currently in discussion with NMDC to confirm whether the proposal will proceed via a circular resolution or an additional board meeting during this month. This process is not expected to result in material delays as NMDC have previously provided in-principle approval subject to NLCIL board approval, which is now in hand."

    Since that time the RCA has been amended and now frozen. So NLC needs to approve it once again - which is happening tomorrow one would assume.

    Does this not mean that NMDC are waiting for NLC to approve first if the statement made on 15 Nov still stands?

    Some people on this forum need to be spoon fed.
 
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