I could be wrong but it is very possible the next bit of THAR news will be the LOI. It does sound to me looking through the available details it could be VERY close
So you are concerned about THAR and the GOLD? Maybe best you move on to something different then!
My first thoughts on the gold were it was a bit of a back-up plan if the coal was a no go. It now appears both the coal and gold could come good in the very near future
I know i keep repeating myself but that does look to be the support level and has been for quite some time. Only dipped below that on a couple of occasions and they get eaten up very quickly.
We really could use some sort of update on THAR/LOI
Think a large amount of those were forward sold looking at last weeks trades. Little frustrating as it does hold use a back a bit but it was expected. More cash in the bank too
Do some research and decide if this is the place for you. I have topped up a few times over the last couple of months and been lucky to have done that on the very lowest dips around .55 .53
It has not dropped any lower than that and unless any bad news i am not expecting it to. Around .55 is as good as you will get imo
"Senior member of the #Dubai royal family, Sheikh Ahmed Dalmook Al Maktoum will invest around 15 percent of the equity requirement in coal conversion project in #****stan's Thar desert, officials said on Wednesday"