macquarie research and pt

Hi all,

Read an encouraging report from Macquarie looking at the impacts of higher energy prices on the resources sector.

Their view is companies with a competitive advantage in relation to spiralling energy costs included the high grade underground nickel sulfide miners, whose operations are less diesel and power intensive - such as Western Areas,Independence, Mincor or Sally Malay.


They had a outperform rating and Price target on WSA of $12.00.