NMDC-Value or Cyclical?

Stock Opportunities
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Thanks
Dinesh_476 and Sheekhuj for your detailed analysis, Looking at NMDCs past history its better to monitor how large the capex is for Investments in Lithium and Gold, keeping iron ore prices and other expenses as assumed ,all our valuations hinge on Cash reserves, and dividend yield.
Plus the gestations and vagaries for any Govt projects.
Any other views are welcome.

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336

finance: NMDC fixes ore prices at Rs 4,950 per tonne - The Economic Times (indiatimes.com)

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gold mine: NMDC eyes production from domestic coal and gold mines: CMD - The Economic Times (indiatimes.com)

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338

NMDC starts prospecting for lithium in Australia - The Hindu BusinessLine

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340

How would the latest discussion on linking ore prices with LME impact multiples for NMDC? Is there an expected impact?

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Govt suspends Directors -A Clear message to all PSU Senior officials

https://www.financialexpress.com/business/industry-govt-suspends-3-directors-of-sail-nmdc-with-immediate-effect-3370198/

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Any idea, what was the issue? The article just says, unethical behaviour.

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This is actually a very positive news for psus . Since the mistrust in psus was only because of this babu attitude of their management. If management is kept in line then they are all gems with very good income generating asstes.

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