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Firestone Energy Advances Most in Two Months on Coal Sale Deal
Feb. 02, 2011 05:10AM PST
Industrial MetalsBloomberg.com reports that shares in Firestone Energy (ASX:FSE) reached a six-week high on news that it signed an agreement for a power station
Bloomberg.com reports that shares in Firestone Energy (ASX:FSE) reached a six-week high on news that it signed an agreement for a power station.
The story is quoted as saying:
Firestone EnergyLtd., an Australian exploration company with operations in South Africa, rose by the most in six weeks after saying its Sesoko joint venture signed a coal off-take agreement with Eskom Holdings Ltd. for the power producer’s Matimba power station.
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