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Vedanta - Indian Mining Co.

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beaudelaire - Wed, 27 Dec 06 :

I always said VED could move sharply with increments
of £1 when a given trend is established.
I agree now the next target is £13.
Some also forget easily VED output is mainly swallowed within India.
India GDP is planned to grow at 10%+ in the next 5 years
to catch up with China.
A budget of more than $350 billions for the next 7 years
to develop basic infrastructures such as highways, railways
and energy networks is already voted.
These infrastructures are of course basis ressources hungry.


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