Oct 05th 2012 - Edison Investment Research today published a report on Alstom (ALS.L, LSE:ALS, LON:ALS) entitled "Impending Catalyst". In summary, the report says:
Altius saw significant progress at its iron ore project interests during the July 2012 quarter, with a resource update and a port usage agreement signed at Alderon’s Kami project and an earn-in and royalty agreement signed to explore the Snelgrove Lake property. The expected publication of a feasibility study at Kami in H212 could act as a catalyst for Altius shares through increasing the valuation of Alderon and Altius’s future royalty revenue stream. The strong cash balance makes Altius well positioned to take advantage of acquisition opportunities as valuations decline and final-stage discussions are underway with potential partners in South America.
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