Gujarat NRE Coking Coal shares have now been suspended from trading for three weeks, and the company has yet again asked for an extension.
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In a letter sent to the Australian Securities Exchange yesterday, the Illawarra mining company's chief commercial officer, Sanjay Sharma, requested shares remain suspended until next Monday.
The company originally requested a two-day trading halt on June 26, then requested a voluntary suspension of shares on June 28.
The first suspension was required to give Gujarat NRE more time to arrange "refinancing of its existing debt facility, further debt facility and equity financing" and allow the company to finalise its audited accounts for the Indian financial year, which ended on March 31.
Trading was first expected to resume on July 8, the company said in June, but last week this was extended to July 15.
Yesterday, Mr Sharma asked that the halt remain in place until July 22.
