Hi Reggie001
I met wth Arvind Misra last week ,he explained that he is excited about the future of the Company
but unfortunately the wheels in India turn slowly and nearly all decisions have to be made by a Court.Hence the current case for the Surda mine ,now that case was heard late last week and a
decision on that should be any time.
The Arivali decision will not be known till the middle of next year but they are confident that
IRL will be awarded that contract.
They have now a new major shareholder as was announced .
IRL Price at posting:
0.6¢ Sentiment: Buy Disclosure: Held