EIO energio limited
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Perhaps it's worth doing a comparison with ROY folks?ROY have a...

  1. Wealthcrea8or
    3,413 Posts.
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    05/05/11
    15:53
    Post #: 8359557
    Perhaps it's worth doing a comparison with ROY folks?

    ROY have a substantial magenetite Fe deposit with significant upside potential (upwards of 2B tonnes if my memory serves me correctly) and they already have a JORC proven resource in SA (most mining friendly jursidiction in Australia).

    Roughly the same MC as EIO presently.....

    Don't cut off your nose to spite your face ;)

    WC8
    EIO Price at posting: 34.0¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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