DaftPunk
Team Captain
- Oct 15, 2010
- 450
- 35
- AFL Club
- Adelaide
The private company that is going to get a majority stake in EIO was the company that helped SDL set up their leases. The company comprises of 3 board members with massive experience in Iron Ore. One being a former BHP exec, they are going to join the EIO board.
The company atm has a share issue of 800m, of which a massive % is held by the board, and a few well placed people in this private company.
EIO has to raise another 7m in the next 6 or so months, and they are thinking of a bottom price of 5c.
The sp atm is 3.4c
Drill results within the next 6-8 weeks.
The company atm has a share issue of 800m, of which a massive % is held by the board, and a few well placed people in this private company.
EIO has to raise another 7m in the next 6 or so months, and they are thinking of a bottom price of 5c.
The sp atm is 3.4c
Drill results within the next 6-8 weeks.