African Eagle Resources (LON:AFE) - Solid progress
Jan 28th 2013 - Edison Investment Research today published a report on African Eagle Resources (AFE.L, LSE:AFE, LON:AFE) entitled "Solid Progress". In summary, the report says:
African Eagle continues to make solid progress on the development of its flagship Dutwa nickel project in Tanzania and has confirmed positive beneficiation results from metallurgical variability test work across the full resource base. Further metallurgical test work is due to be completed in Q113 followed by an integrated test programme, which could lead to the engagement of a strategic offtake partner ahead of the main pilot plant tests. A maiden JORC laterite resource has been announced at Zanzui, which also offers potential for significant sulphide mineralisation.
Edison Investment Research is a leading international investment research company. It has won industry recognition, with awards both in the UK and internationally. The team of 95 includes over 60 analysts supported by a department of supervisory analysts, editors and assistants. Edison writes on more than 400 companies across every sector and works directly with corporates, fund managers, investment banks, brokers and other advisers. Edison’s research is read by institutional investors, alternative funds and wealth managers in more than 100 countries. Edison, founded in 2003, has offices in London, New York and Sydney and is authorised and regulated by the Financial Services Authority (www.fsa.gov.uk/register/firmBasicDetails.do?sid=181584). more »
