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Wednesday, 12/13/2017 1:48:14 PM

Wednesday, December 13, 2017 1:48:14 PM

Post# of 47370
Here email back from real owner krsna (Nayak) minerals and there not aware ownership change Kaliforna company call (IBCU)

per Indian government there was no change ownership of mine USA corporation IBCU.


ownership change must have been signed on napkin????
Do they broker with krsna minerals ?

NO NRI on file with india goverment


Mine ownership will only be proven through audit since kaliforina ibcu has serious credibility issue.

Has IBCU formed LLC in American for indian based mine?

Here copy of return email

krsnaminerals Orissa <krsnaminerals@gmail.com>
Thu 11/16, 4:14 AM
Dear sir,
Thanks for your inquiry.

Up to 58% Fe you do not have to pay export duty.

if you are looking for 20,000 MT , better to take by ship at a time, taking by 20ft containers fright will be very expensive.
more ever at Paradip they do not have cointainer service.

krsna minerals is indian company, no ownership interest in USA.,
thanks and regards,
Nayak.