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A.M. Lodha

Sanmati
NAVA

NAVA LIMITED

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NAVA LIMITED CC-Mar24.pdf
17 May 2024
Open call
  1. Sir, I have got 2 questions. So, number one question is recently, Manganese Ore India has increased the prices of the high -grade manganese by 40% and 25% of lower -grade manganese ore. So, the prices have been shot up, and likely to be shot up further in international market as supply from the Australian mines has been disrupted and likely, it will take another 9 to 12 months to restore the supply in the system to…

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  2. Is this the same mine, which you are talking in the letter today under regulation 30 of SEBI. Can you put some light on this letter? What is 323 hectares land is for manganese ore or what we could not understand properly?

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  3. Okay. And my second question is regarding the receivables from MCL. Last concall, Management indicated that out of the total dues receivable by MCL, from ZESCO, $75 million was due up to December, 2023 and $180 million was due up to the December, 2024. Now just I wanted to know how much money you have received out of the $75 million, which was supposed to be received by December 2023?

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