Analyst Research Report Snapshot

Title:

ORACLE COALFIELDS - STRIDING AHEAD

Price:

$10.00

Provider:

Edison Investment Research

Date:

19 Feb 2009

Pages:

12

Type:

AcrobatPDF

Companies referenced:

ORCP.L

Available for Immediate Download
Summary:

Oracle Coalfields has delineated 371Mt of JORC compliant proven reserves of lignite coal at its flagship Block VI exploration licence and is progressing with a bankable feasibility study (BFS) and environmental impact assessment (EIA) for the development of an open pit coal mine in Pakistan’s Thar Desert. The company is also in initial discussions with potential strategic partners for the development of a 300MW mine-mouth power plant. Due to the country’s chronic shortage of electricity, the government supports the project and plans to increase coal’s contribution to electricity supply from 1% currently to 17% by 2025. FOR MORE INFORMATION ON ATTACHED RESEARCH PLEASE CALL 020 3077 5713 OR EMAIL RESEARCH@EDISONINVESTMENTRESEARCH.CO.UK OR VISIT WWW.EDISONINVESTMENTRESEARCH.CO.UK

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