Analyst Research Report Snapshot

Title:

ORACLE COALFIELDS - DE-RISKING BLOCK VI

Price:

$10.00

Provider:

Edison Investment Research

Date:

06 Jul 2009

Pages:

4

Type:

AcrobatPDF

Companies referenced:

ORCP.L

Available for Immediate Download
Summary:

Despite making good progress with the development of its flagship Block VI project, Oracle Coalfields’ shares have fallen from 6.3p at the beginning of the year to 2.5p, arguably in response to the security situation in Pakistan. However, Block VI is located in the relatively stable, south-eastern province of Sindh and enjoys political support at a national, regional and local level given the country’s shortage of available electricity supply and the frequency of power outages. FOR MORE INFORMATION ON THE ATTACHED RESEARCH PLEASE CALL 020 3077 5713 OR EMAIL RESEARCH@EDISONINVESTMENTRESEARCH.CO.UK OR VISIT WWW.EDISONINVESTMENTRESEARCH.CO.UK

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