|
Waratah Coal Inc
-Initiation of Coverage
We recently initiated on Waratah Coal Inc (WCI). WCI has 4.4bt of coal resources and a Target Resource of more than 200bt in Queensland’s Galilee Basin. Scoping studies are ongoing as to the feasible export of 25mtpa of thermal coal. WCI is in play and we anticipate more corporate action as a short term price catalyst.
For further information, please contact Kevin Curran +612 9993 8167
|
To view our daily commentary and trading ideas please click here. If you would like to receive our Talking Points when they are first released, please contact us.
To obtain further information on our recent
research report click on the link below. To receive a full
copy of these or any other FSB research reports please contact
an adviser on
+61-2 9221 8700.
MORE
|
