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clock Created with Sketch. 25/03/19
18:28
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Originally posted by maxter
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Hi Ando. After the VINSOM deal i did some research on their associated industry links in India. PP2 completed a far more comprehensive overview so i filed mine in the bottom draw. Two things stood out that i recall, firstly, India has huge iron ore reserves available but very limited known vanadium reserves especially in titanomagnetite reserves. The second aspect was that VINSOM through linked companies had significant iron ore interests but in one of its more profitable mining operations had been stripped of its mining licence by the Govt alleging non comliance issues. I would have to re walk my research to be acurate on detail but it stood out.
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As with many other Ann’s to come, this Vinsom deal will be revealed by PB within the next 3 to 4 months. This he said in his last BRR. Let’s hope he can stick to his word from that talk moving forward. That includes the other 3 or for things mentioned in the BRR. Surly the man has learnt by now you can’t just say stuff for the sake of it and not be held accountable when no news flows. He must be well aware that we have him under a spotlight. We are paying this dude good money, so now let’s see this news flow Paul as you said will all be coming in the next 3 to 4 months.
