OST onesteel limited
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MARKET TALK: OneSteel Won't Comment On CSFB Report 17/05/05...

  1. josh92
    69 Posts.
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    17/05/05
    15:21
    Post #: 912214
    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)


    OST Price at posting: 0.0¢ Sentiment: None Disclosure: Not Held
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