Plenty to like, getting ready for a big push over the next 6-9...

Plenty to like, getting ready for a big push over the next 6-9 months IMO

“China Coal is arranging the financing which could consist of up to 85% of the capex requirement with low-cost debt on favourable terms with the remainder most likely to be funded by a mixture of offtake financing agreements and equity”

“We do not say this lightly, but the company would appear to a be a prime M&A target given its large-scale, long life projects which are located in a stable country like Poland and lie close to the heart of the European steelmaking industry”

“By any yardstick, Prairie Mining shares look to be very cheap.”

“There is also an anticipated stream of news flow over the coming weeks and months which should include the Chinese DFS and news of financing the Jan Karski project and the infill drill program. At the Debiensko Project there is expected to be the upgrading of the JORC resource and the starting of the BFS, both important steps on the critical path to restarting the mine. We look forward to being given the opportunity to revisit our target price following the announcement of such news.”
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