Positive price appreciation,"WOW" I bought some EIO March 2011...

Positive price appreciation,"WOW"

I bought some EIO March 2011 so have seen the ups ands downs, 10 for 1 consolidation, completed ownership of KCM ltd

2nd OCT 2012
Non-
Executive Chairman, Dr Ian Burston has purchased 500,000 shares of the Company on market.

June 30th report
"Maiden" JORC compliant mineral resource at Agbaja Project of 488 million tonnes
with an in-situ iron grade of 42.7% classified as Inferred.

Energio is currently completing an intensive reverse circulation and diamond drill program at the Project
with the objective of providing an "UPDATED Mineral Resource" in June 2013.

Total assets of $54 Million

Cash and cash equivalents at end of financial year $4,185,601


outlook

By 2013 EIO will need some capital to go from exploration to a potential mining Company.

Note:
EIO will Need a good Bank Loan...China investment banks are looking for value (they are currently doing low ball offers ) This is not good for us investors to capitalise on the share growth appreciation from explorer to producer. Hope we are there in 2014 and Fe price back over $100-

Good luck.