Mar 04th 2013 - Edison Investment Research today published a report on Baobab Resources (BAO.L, LSE:BAO, LON:BAO) entitled "Tete Met Test Results". In summary, the report says:
Baobab released the updated metallurgical test work results that follow up on the early-stage mass balance modelling for the coarse cobbing material from the Tete pig iron project in Mozambique. The latest results from the reduction and smelting tests demonstrate the ability to produce a low-impurity, typical specification pig iron product using the abundant domestic low-priced thermal coal as a reductive agent.
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 »