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China's Green Dragon Gas Positions Itself For Strong Earnings, Report Reveals
June 24, 2011
China-based Green Dragon Gas Ltd. (LN: GDG), which is on the verge of stepping up commercial coalbed methane (CBM) production, has devised an upstream-to-vehicle fuel business model that should propel strong earnings, according to analysts at Jeffries Hong Kong Limited.
Jeffries gives Green Dragon a Buy rating and projects a share price of US$16.25 by mid-year ...
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