Hi All.
Very interesting read I have just had.
African Iron Ltd.Looking up Glencore,and came across a report on African Iron.Zanaga Iron Ore Project.
Page six of the report.Republic of Congo and Project Location.
The last dot point item,reads.
Sundance,Xstrata,Core Mining (Glencore recently acquired an undisclosed stake) and others are also developing iron ore projects in ROC.
Glencore I believe own around 34% of Xstrata,they have a stake in Core Mining.
I am not sure how to read the last dot point item,does it just name Sundance as having a project in The Republic of Congo?
Just seemed funny they only named Sundance who they do not have a holding in and others (or do they)The other two Xstrata and Core as I said they have a holding of shares in them.
Regards
Westcott.
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