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How dodgy is that announcement...:-) IEC gives up rights over...

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  1. Varuka
    975 Posts.
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    15/03/17
    14:06
    Post #: 23366163
    How dodgy is that announcement... IEC gives up rights over its (previously) licensed area so local cement company (Dangote) can mine its own (formerly IEC owned) coal. Upside to IEC...nada!...Sweet FA. I guess the local officials/President had larger troughs to feed from with Dangote than they did with IEC. Oh, the joys of doing business in Africa.
    IEC Price at posting: 1.2¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 5  Upvote
    lightbulb Created with Sketch.  Great analysis
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