RE: 4.9p close 👊11 Jul 2025 07:35
I think the question to ask the market is what a fair company value is ahead of approval. We know the BNP will be the new government and that they propose extracting coal but ahead of the green light, with expectations high what price.
The asset is well understood and the recent meeting was pretty resounding for extraction. The Teesta project will go to the Chinese and we know that is closely tied to us as a combined operation likely.
The last few months price rises are the transition to whatever that pre-approval price is so I’m expecting will continue for 6 plus months. For those who amassed millions of shares very exciting.