29101971
Ivan Glasenberg states in the Aust to day Labour has made Australia more Riskier than investing in third world countries .
The Nigerian clip was interesting for many reasons
Glencore / Xstrata are on the look out for iron ore projects
They are also miners / producers of end products
They have lots of money
The Government was saying all the right things in my view
Preferred investment hub Africa
Wanting to increase manufacturing as apposed to exporting all raw material
That all fits in well with EIO 2 mills to manufacture and extra ore to export
The Government seems very keen to bring in over seas investors / expertise
With a possible 3 billion plus tonnes ,we must be on the radar of these large companies .
Have a great weekend EIO investors .
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