ICZ 0.00% 5.2¢ indus coal limited

News: ICZ Indus Coal updates on suspension of securities

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    March 15 (Reuters) - Indus Coal Ltd (ICZ)

    • BMC (indus 38%) has received approaches from domestic and international offtake parties seeking long term security of supply
    • Securities remain suspended pending release of announcement regarding status of potential development of block 9 on or before 15 June 2017
    • Outcome of BMC's pln submission in relation to the construction of a coal fired steam power plant (CFSPP) remains unresolved
    • Renewed interest prompted discussions with financing parties to create pathway for commencement of development at co's block 9 tenement
 
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