Equity Research Coverage Reports
Highlands Pacific Ltd (HIG) - BFS in Progress - PNG - One of the largest Gold/ Copper Deposits
Sunday, January 8, 2012Highlands Pacific Limited (HIG) is an ASX-listed mineral exploration company with interests in two projects (Ramu and Frieda River projects) that have recognised JORC resources and exploration licences at a third site (Star Mountains). After a delay due to legal proceedings, development of the Ramu project is now complete and is
ramping up towards full production, expected mid-2013.
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Adept Solutions Ltd (AAO) - Initiating Coverage -Pre-paid Financial Cards Business
Saturday, January 7, 2012Adept Solutions Limited (AAO) is an ASX-listed company. The company recently changed the
strategic direction of the company from mineral exploration operations to financial services
through the acquisition of Emerchants Limited (EML). The company will likely seek to acquire
additional companies once the EML business has been successfully integrated.
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FeOre Ltd (FEO) - Mongolia - Iron Ore, Near Term Production
Friday, January 6, 2012FeOre Limited (FEO) is an ASX-listed mineral exploration company with two iron ore assets in
Mongolia. The flagship asset, the Ereeny project, has secured approval for development from
the Mongolian mining authorities. Mine development has since commenced with the aim
of producing in late 2013 and first shipment by 2014. The company’s secondary asset is the
Dartsagt deposit, which is currently in the early stages of exploration. FEO owns 80% of both these assets.
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Liquified Natural Gas Ltd (LNG) - Initiating Coverage - Awaiting Gas Supply Agreement
Thursday, January 5, 2012Liquefied Natural Gas Limited (LNG) is an ASX-listed mid-scale LNG plant developer and
technology provider. The company’s primary project is the Fisherman’s Landing LNG
Project, located in the Port of Gladstone in QLD. The company is in the process of securing
a gas supply for the project to be able to progress to a Final Investment Decision (FID) and
recommence construction.
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Pluton Resources Ltd (PLV) - High Grade Iron Ore Identified in Irvine Island, WA
Wednesday, January 4, 2012Pluton Resources Limited (PLV) is an ASX-listed mineral exploration company seeking to
make the transition to producer status. The company’s current focus is in iron ore in Western
Australia; however has precious and base metal tenements in Tasmania. PLV’s primary asset
is Irvine Island (100% owned by PLV).
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