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Afferro Mining Inc AFRIF



GREY:AFRIF - Post by User

Comment by LTGoldBullon Jan 17, 2013 1:43pm
142 Views
Post# 20852124

RE: News on Afferro Mining Inc.

RE: News on Afferro Mining Inc.

Jindal (India Steel) will build 500MW Thermal Power Plant, Railline to the Port and Iron Ore Processing Plant in Cameroon.

https://www.cameroononline.org/2012/12/05/indias-jindal-steel-to-invest-in-cameroon/

So interested parties in AFF - Jindal is one.

Publicly IMIC has made an unofficial offer 115-140 pence,...IMIC seems to be the front for another big player, some suggest Chinese Rail Group.

Other notable players that are suggested interested in AFF - RIO, Posco and maybe even Severstal who did the cash deal with AFF.

Who had the Exclusivity Agreement until 13th Jan?

Cheers, Mark

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