In retrospect IRL management should be feeling extremely pleased that the Prism Cement contract fell over, otherwise the amount of damage to IRL would've been terminal. It was a lousy deal to start with, it was just dumb luck that IRL was unable to borrow $8 million.
Prism Cement has six months to close down the operation and hand the keys back. Maybe IRL should make a bid for the Sial Ghogri mine at the auction now that its open and operating.
