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chitradurga iron ore india, page-13

  1. PubLunchMan
    5,261 Posts.
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    02/07/08
    07:25
    Post #: 3936143
    HI GC,

    India has a huge demand for iron ore and Tony from CFR did mention that licensing requirements and mining approvals were easier to obtain in India compared with Australia.

    From their MOU annoucement:

    Signing of this MOU presents the Company with an opportunity to investigate potential iron ore mine development which is aimed at generating a cash flow in the
    short to medium term.

    JB
    CFR Price at posting: 0.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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