It would seem that the market has confirmed EIO have a much longer road ahead of them regarding the "grand plan" for their new venture?
IMO the recent company/project presentation went some way to portraying the project as being up and running within a very short timeframe however clearly it didn't fool everyone it seems with many having a sound appreciation of both the timeframes & capital required.
This is in light of operating in a country such as Nigeria.
WC8
EIO Price at posting:
35.0¢ Sentiment: None Disclosure: Not Held