LCY 0.00% 1.1¢ legacy iron ore limited

India to Sell 10% Ownership of NMDC

  1. 3,538 Posts.
    lightbulb Created with Sketch. 4
    This can only be good for us

    Less government stake, less red tape - this will result in the government having only 70% of NMDC

    hope the government offloads more in the near future to private bankers

    Lets not forget the insane target of a 100mtpa production by 2019-2020


    Perhaps this has caused some small buying this morning?

    http://www.wsj.com/articles/india-to-sell-10-ownership-of-nmdc-1421846678
 
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