iron ore project re-visited?, page-12

The agreement was terminated as the partner was the 'king' of that area near the deposit and was outside the Nigerian Governments Federal jursidiction and as such had no legal holdings over the deposit and could not 'deliver' so to speak. This time it is under the revamped Mining Legislation and is as it would be over here.
These anomalies are common in Africa thats why the stock is at 4 cents! Put that deposit in WA and it would be a $4 stock.

Risk V Reward! You decide.