@Sheetal9925 Why would they lie on purpose? Just curious..
Honestly don't like the governance at Kiri, but no dividend was a good move if they have to do that kind of capex
May be they are struggling with financial closure with such a scale of debt raise, the dilution is plan B is my guess
@skwaeron@BaluGorade Lack of knowledge & high confidence are risky bro :)
Inflation forces RBI to hike policy rates, pushing banks to raise deposit & lending rates. Banks raise rates during high inflation to pull cash from the market. When inflation cools, RBI cut rates, banks will lower FD rates
@ValueWithPrem Comfort kills drive/innovation
It's a disaster brewing. These kids will be unhappy for long, coz deep down humans need success for happiness and money can buy comfort, not fulfillment
In US, kids are ashamed(somewhat) to depend on parents, they want something on their own.
@Arunstockguru One of the first stock @Arunstockguru recommended was Caplin point in 2009
I bogut it big for ~10 rupees sold for 13-14
Today its 2500😂
No nonsense growth consistently
kudos to your research
@pujanjain@bilyonaryo_ph Their investment in OLSA is ~$10 million. If it works great, they will have supply secured. Its a secured loan tied to the mine development. So there is no loss whatever the outcome.. but I hope they have other tie-ups with miners for supply, if this doesn't work
#kiriindustries
@pujanjain@bilyonaryo_ph Also MMCI is all set to move fwd with mine development, so legal gridlock will not extend here since the delays will be a loss to all stakeholders. Celsius is only worth $20Mil USD.. Dont know why anyone is not buying them out..