RE: Down again22 Feb 2024 12:55
I can only say that Roland has, through his past actions, created this reaction. Time and time again he tweeted / RNS'd times that SYN have just failed to achieve. Now he states that GoI approval in weeks, and guess what, not many actually believe him because history has again shown us that the GoI are notorious for taking their time on things.
So combining Roland's inability to hit deadlines and GoI's history on taking their time, the whole market doesn't buy into it yet. I say yet.
The Indian Prime Minister will want re-electing. General elections are expected to be held in India between April and May 2024 to elect 543 members of the Lok Sabha. If Prime Minister Modi can go to the public in late March and tell the Indian nation that he has given approval on new gas supply to help with energy security (I'm sure they can spin it into whatever they want). So whilst I'm sceptical on Roland's ability re: deadlines I'm hopeful that PM Modi will want this approved before the elections in April.
You can of course encourage PM Modi by contacting him as asking (nicely Gordon) to put a shift in and get this approved !!!!
https://www.pmindia.gov.in/en/interact-with-honble-pm/
@PMOIndia