I don't think tweets by Australian shareholders will have any positive effect. The new government must be well aware of the issues - they had a good reminder with the issues around the Commonwealth Games. I don't think HCL is pursuing an active anti-IRL campaign; or indeed treating IRL different to anyone else - this is just the tedious business of running a state owned enterprise governed by legislation drafted decades ago.
If I was in HCL I would be focusing my efforts on getting the Surda Mine Lease renewed and Rakah underway - as they stated l;ast annual report:
5. Mine Expansion Schemes
The ongoing mine expansion scheme envisages expansion of Malanjkhand, Khetri, Kolihan and Surda mines, Banwas as an extension of Khetri mine; re–opening of Rakha and Kendadih mines and development of new mine namely Chapri–Sideshwar to increase mine production to 12.4 Million tonne per annum (Mtpa) from present 3.4 Mtpa. http://profit.ndtv.com/stock/hindustan-copper-ltd_hindcopper/reports-directors-report
IRL Price at posting:
0.5¢ Sentiment: Hold Disclosure: Held