This deal is excellent. Renewed interest in Africa will see iron...

This deal is excellent. Renewed interest in Africa will see iron ore industry in Nigeria be revived. Africa Funds out of UK USA and Europe will only get to hear of this deal from close of business today. Plenty of steel needed for Oil Industry.

Looks like a classic BOOT scenario as well. All infrastructure in place albeit it needs refurbishing but still seriously reduces work time to full development. This must have huge potential.

It a punt but with such low market cap and infrastructure and ready domestic demand for oil industry its got to be one of the better ones.