Good to hear that the Surda mine will reopen, but at what cost.
What is the point of Arbitration when HCL refuses to pay. The last Arbitration award in August 2013 still hasn't been paid.
I agree, IRL management waste a lot of time trying to recover money from HCL. Should do it the Indian way with baseball bats or cricket bats. I know a loan shark in Thailand who uses the above gadgets when he is not paid his 20% interest weekly.
IRL Price at posting:
0.4¢ Sentiment: Buy Disclosure: Held