Thanks gents for the response, its all intelligent readingWildy...

Thanks gents for the response, its all intelligent reading

Wildy why do you say 5 billion tonnes

Furthermore guys any idea how many millions EIO need to get this too production, just trying too work out once all dilution and cap raisings are complete to get a conceivable Market Cap.

If AKI and CFE were sold for basically 400 mill for 120 tonnes and 1.6 billion tones of ore then EIO at 2.5 billion tonnes should achieve at least 500 million USD.

So rough figures 500 million with 250 million shares on issue should equate too 2 dollars a share, even if EIO were to issue another 250 million shares and get total registry to 500 million shares on issue that is 1 dollar.

So plenty of upside eally or am I completely in the dark

Best regards GENTS

NB