EIO 3.57% 29.0¢ energio limited

Ann: Market Update , page-12

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  1. 6,072 Posts.
    bizzo,
    In my opinion the resources boom is finished. We will go into a period of 3-5 years of nothing. Hope will be a dream. Any small to mid cap companies need to have big cornerstone investors or JV partners to ride this wave.
    I cannot see anyone in this market giving EIO in excess of $5 million to fund exploration. So much so they raised $2 million. If it were a cracker they would have raised far more.

    Take off the blinkers - EIO's plans are more than just ambitious. Huge story.
 
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