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How do you know that ? Is there an article somewhere I thought the turbines were still being worked on ?

It’s all down to the license extension. If the license extension is successful, and the Share price will shoot over 1 pound.

Wow this is absolutely massive and should be rns

Agreed this is primed to go bananas soon and I mean up 100% of percent in a day. Should never have dropped form £3 on suck light volume! This week is going to be massive

Going to add more myself

Hopefully

Https://indianexpress.com/article/business/commodities/gas-demand-uptick-driven-by-power-sector-bumps-up-indias-lng-imports-in-april-july-9534613/lite/

This is literally doing 50m PA in profit and is sitting on more untouched reserves. Assets far out way liabilities aswell. Yes a lot of uncertainty at the moment hence the 10p price but could easy be £1.50-£2 once the 10 year is granted

It’s pretty obvious the GOI arnt going to terminate the contract now as demand so high for gas ! Yes uncertainty remains but there was huge uncertainty before todays rns

Doesn’t really state much other than operations continue so just what we know now? GOI are very unlikely in my opinion to terminate as demand for gas is so high

That’s fantastic news I think the longer we have no news the better ! Once extension news comes this will be trading at £1.50

I’m beginning to think the GOI is very unlikely to terminate this major natural gas contract with indi to operate. There is just so much at stake here and was so much demand for natural gas and gas in India. Once confirmation has landed, I think the share price will be trading north of 1 pound a share may be higher than 2 pound a share

The share price was 1.50 last year with the extension coming up this year I think if the extension of 10 years goes through this will be back over £1.50

On license renewal

This should be well over £1 a share it’s just down due to severe lack of communication and uncertainly they might have to completely close operations in India. If 10 year extension is granted and the expansion plans I would say we could be near £2 a share

Yes agreed if only Directors would

Communicate better. Certainly worth more than £1 a shares as it’s profitable and in a huge demand in India

Would mean the huge natural gas demand for India could be quenched. Absolutely huge but now communication from BOD. This really should be trading in the pounds in better comms

So this will

Massively benefit Indus ?

I suppose the longer no news the better now as if the GOI were going to cancel the license, then they would do so ASAP? If they had no intention of letting Indus operate then they would send a cancellation notification

Just imagine if that was the case the share price would go absolutely berserk. More pessimistic however really hope for a positive positive conclusion here the upside is absolutely incredible if everything falls in place.