They are in a much better state than many other would be iron producers .
Near rail and roads Government that would like to do deals Very big possible deposit This may not be $3.20 material but it sure could hit the low 20,s LEG took off the other day and hit 10c it has come back to 6c Infrastructure costs are a very big part of these new starters so being near to rail is very important. So you can be sure the Chinese will be running the eye over this one. And a big plus is the new management team
EIO Price at posting:
27.0¢ Sentiment: Buy Disclosure: Held