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dlux

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07/03/17

19:34

Post #: 23166260
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Originally posted by mraj ↑

Or this (http://kenyanwallstreet.com/let-dangote-mine-coal-locally-orders-magufuli):

"He added that coal production under Tancoal Energy Limited, which has been contracted by NDC, was “very poor”. “Under the current arrangement, it is very difficult to ensure that the investor gets enough coal for cement production because of poor production capacity. You should therefore give Dangote a piece of land at the mine so that he can produce coal for his factory,” said President Magufuli, referring to Nigerian billionaire Aliko Dangote, who attended the ceremony. Mr Dangote owns manufacturing conglomerate Dangote Group, which operates the Mtwara cement plant. Dr Magufuli also directed the relevant state agencies to investigate the deal between Tancoal and NDC.

“NDC and Tancoal should understand that the coal doesn’t belong to them, but Tanzanians. If this company gets enough coal, it will help to lower cement prices. This, in turn, will make the lives of the majority of Tanzanians better.”"

...Glad my mum sold at 3c!

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...Glad my mum sold at 3c!

Well my Mum is dead & I inherited the shares & unfortunately the SP needs to be around 10c before I can afford the headstone.

Looks like I will have to take up an apprenticeship to be a stonemason & pick up some roadside limestone !!

Surely an ASX ann is own the way.....................

IEC Price at posting: 1.9¢ Sentiment: Hold Disclosure: Held
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News stories, page-31

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