BFE black fire minerals ltd
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sensational deal

  1. Pompie
    601 Posts.
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    28/05/08
    10:20
    Post #: 3776973
    This deal is excellent. Renewed interest in Africa will see iron ore industry in Nigeria be revived. Africa Funds out of UK USA and Europe will only get to hear of this deal from close of business today. Plenty of steel needed for Oil Industry.

    Looks like a classic BOOT scenario as well. All infrastructure in place albeit it needs refurbishing but still seriously reduces work time to full development. This must have huge potential.

    It a punt but with such low market cap and infrastructure and ready domestic demand for oil industry its got to be one of the better ones.
    BFE Price at posting: 0.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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