csfb report outperform

MARKET TALK: OneSteel Won't Comment On CSFB Report 17/05/05 14:33:00

0433 GMT [Dow Jones] Australia's OneSteel (OST.AU) clams up on Project Magnet
iron ore expansion details after CSFB says board go-ahead and capex estimates
are imminent. "We can't confirm anything in that (CSFB) report," OneSteel
spokesman tells Dow Jones Newswires, adding that statement will be made before
the end of next month. CSFB tips A$250 million capex estimate for project will
rise to A$300 million. Retains Outperform with share price target of A$2.80.
OneSteel shares up 1.3% at A$2.39. (SPB)