Page 24 of todays Australian has a reference to EIO.
It states:
“And Foster Stockbroking’s Mark Hinsly recently took a close-up look at the Agbaja iron ore project in Nigeria owned by Energio (EIO). He believes Agbaja is shaping up as a multi-million-tonne play. He says the deposit compares well with regional peers. Unlike most west African iron ore projects, it is well place in infrastructure terms, being less than 70km from a narrow gauge railway line that extends for 300km and is being extended to a port. The other thing that Hinsley likes about EIO is the iron ore experience on the board. Joe Ariti has been at Cape Lambert Resources (CFE) and two fromer listed plays, African Iron and Territory Resources, while Ian Burston spent time with Fortescue Metals Group (FMG), NRW Holidings (NRH) and again, African Iron.”
EIO Price at posting:
20.0¢ Sentiment: None Disclosure: Held
