EIO 3.57% 29.0¢ energio limited

iron ore resource estimate in nigeria, page-20

  1. 6,072 Posts.
    So, do you dispute the fact that the contents of BFE and EIO announcements about the Koji State Iron projects are not typically the same?

    So let's just say it's not the same projects. The fact that the material used in both announcements are practically identical might mean that these "new" projects are in the same area? Were the 2008 projects a fizzer then? Uneconomical? In the same area?

    Just a refresher, go on, print them out and put them side by side and see that the only real difference is the massive jump in exploration target and maybe a few extra licences this time around.

    EIO's announcement

    http://asx.com.au/asx/statistics/displayAnnouncement.do?display=pdf&idsId=01118279

    BFE's announcements

    http://asx.com.au/asx/statistics/displayAnnouncement.do?display=pdf&idsId=00845864

    http://asx.com.au/asx/statistics/displayAnnouncement.do?display=pdf&idsId=00850254

    :)
    Nic

 
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