Nic The reason they have EIO and Mui is that it is a great deal...

Nic
The reason they have EIO and Mui is that it is a great deal cheaper to go to the market with a shell company than a float .
The first thing Mr Whiteley did was hand out his card so we could if need be contact him .
I would suggest that this is not a thing you would do if you were a bit shady.
The Nigerian iron ore project is a project that could be up and running very quickly ,a float takes time .
As a share holder I think they are doing the right thing .
The shares and options they are getting is normal business and I do not see it as be shady.
Equatorial was .2c a while back and Sundance was.7c both of these companies could soon be very big producers SO MAY BE EIO.Just because you do not like ONE of the directors it really does not affect the fundamentals .
YOU have a choice jump on or watch the train leave with out you