EIO 3.57% 29.0¢ energio limited

29101971Ivan Glasenberg states in the Aust to day Labour has...

  1. 2,947 Posts.
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    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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