jindal afferro some serious clues ?

The dramatic twist of events leading up to Liu's mysterious abduction by the aliens (being probed right this moment) may have it's origin elsewhere. Perhaps Liu doesn't even have a brother...LOL !

http://www.bloomberg.com/news/2013-01-15/jindal-steel-said-to-end-afferro-takeover-talks-corporate-india.html

Jindal Steel Said to End Afferro Takeover Talks: Corporate India By Rajesh Kumar Singh - Jan 17, 2013 1:52 AM GMT+1100

..."Jindal Steel is now in acquisition talks with two companies that have mines in Africa, the people said, without identifying the targets"......

Well, the only possible Jindal acquisition in Africa that the press has reported on in the last 6 months is in Liberia.

So who is the second company with mines in African that Jindal is talking to since it lost interest in Afferro.

BTW, Jindal lost interest pretty quickly soon after Sundance secured both the mining convention and mining permits from Congo and Cameroon.

Something doesn't add up. Interest to acquire Afferro in December, lost the stomach in January due to Afferro crappy low grade (as if the Indians didn't know) ??

http://www.firstpost.com/fwire/jindal-steel-to-invest-500-million-in-cameroon-projects-548665.html

YAOUNDE (Reuters) – Jindal Steel and Power (JNSP.NS) will invest around $500 million in Cameroon to build a power plant, a railway line and an iron ore processing plant, Cameroon’s state radio reported, citing the country’s mines ministry.

The 500 MW thermal power station will be built in the southwestern town of Limbe, while the rail line will run between the coastal city of Kribi and Perth-based Sundance Resources Ltd.’s (SDL.AX) iron ore project in Mbalam in the east.

The processing plant will be located in Kribi, home to a deep-water port.

“Jindal Steel and Power will invest nearly $500 million… in the beginning. Afterward, other investment projects… could also follow,” state broadcaster CRTV reported late on Wednesday, quoting a mines ministry statement.

Jindal is also in talks with Caminex SARL, a unit of Toronto and AIM-listed Afferro Mining (AFF.V), to process ore from its Nkout iron ore project at the Kribi plant, the radio reported.

Jindal’s chairman Naveen Jindal met with Cameroon’s President Paul Biya on Tuesday.

“We feel that Cameroon offers lots of investment opportunities especially in the areas of mineral development, infrastructure development and power generation,” he told journalists following the meeting.

“We feel very encouraged, we feel very confident of investing in Cameroon,” he said.