Ten minutes of
drone footage taken yesterday - of progress on the new port being built offshore at Karanja Creek, south of Mumbai, by Skil Ports & Logistics (SPL).
(if link fails, view it on the NEWS page at the company's website
www.skilpl.com
Should become operational around the end of 2016 or start of 2017, by when I expect the share price to double from where it is now.
It has taken more than 5 YEARS for all the red tape hurdles to be overcome, during which the share price fell and fell. But things are now moving briskly. This port is desparately needed to help clear the logjam of ships hindering Indian imports and exports.