EIO 3.57% 29.0¢ energio limited

Good get Wildyxxd but found it easier to access the report on...

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    Good get Wildyxxd but found it easier to access the report on the energio website (www.energio.net.au) as you need to log in on the other site. Click on Investor centre and then Broker reports.
    This is the most comprehensive report I've seen so far and has a little gem hidden in there that has a very positive impact on this story. It reads...
    "Initial work from the metallurgical program indicates that the phosphorous is not in solid solution and is not bonded to the iron. As a result the phosphorous may be able to be liberated from the iron..."
    If this is the case, the metallurgical process will be a lot simpler and more cost effective making this an incredibly profitable project and another green light for institutions and others to pile into the stock.

 
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