CPL 0.00% 2.2¢ csl finance plc

some broker support - but where are the buyers

  1. 709 Posts.
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    The information provided below is from analysts, newsletters and other contributors. Please contact the company and visit its website before making an investment decision.

    Expert Analysis
    Stuart Howe, Bell Potter (1/15/13) "We're attracted to the potential scale and independent location of Coalspur Mines Ltd.'s Vista project. The project's scale and mine life will likely draw the attention of major customers and miners; its independent location should reduce the cost pressures associated with congested mining basins of Australia and South Africa."

    Mike Plaster, Salman Partners (1/9/13) "Coalspur Mines Ltd. announced that the Highland Park Group has exercised its option to purchase an additional 12.7M Coalspur shares at an exercise price of A$0.70/share. . .the 13.3M exercised options should provide Coalspur with net cash proceeds of ~A$9.4M. . .the proceeds from the options adds to the funds available for ongoing pre-construction development work and also represent a vote of confidence in the company's prospects."


    Mike Plaster, Salman Partners (12/20/12) "Coalspur Mines Ltd. announced yesterday that it has secured a financing commitment for a large portion of the initial capex for its Vista thermal coal project. . .we consider this to be a positive step from a project derisking standpoint, as it provides some certainty of funding for the phase 1 development capex and helps alleviate concerns over a dilutive equity deal. It also keeps the project and the planned start of construction on schedule."
 
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