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 .
EIO Price at posting:
17.0¢ Sentiment: Buy Disclosure: Held