Best Japanese Companies To Own For 2015: East Africa Resources Ltd (EAF)
East Africa Resources Limited (EAF) is engaged in exploration of uranium projects in Tanzania. The Company has five projects in Tanzania, which include Eastern Rift, Madaba, Hemedi, Mkuju and the Mkuju South Joint Venture (JV). Mkuju South JV covers the Mkuju South project which comprises two tenements in the southern part of the Mkuju Uranium Project. The Eastern Rift Project surrounds Lake Manyara in the north of Tanzania and is targeted at U-in-calcrete mineralization. The Madaba Project consists of 23 tenements covering 4,760 kilometers square in the south-east of Tanzania. The Companys subsidiaries include Tanganyika Uranium Corp, TZU Resources Pty Ltd, Frontier Resources Ltd and Sterling Resources Ltd. Advisors' Opinion:- [By Damian Illia]
Heres where I see that Nucor hold its competitive advantage: electric arc furnaces (EAF). These furnaces, in spite of being more electricity intensive, require a much lower per-unit investment and are significantly more efficient in terms of labor. Adding to this, the fact the Nucor has shifted its raw material usage from pig iron to direct-reduced iron (DRI) by building a new production capacity that utilizes cheap natural gas is also a way in which management is attaining a low-cost strategy to outperform its competitors. Moreover, Nucors acquisition of ferrous scrap metal broker David J. Joseph Company allows it to avoid price volatility.
source from Top Stocks To Buy For 2015:http://www.topstocksforum.com/best-japanese-companies-to-own-for-2015-3.html
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