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Geo Energy optimistic about prospects after restructuring

It is now exploring various ways to raise funding for its expansion, including buying more coal mines

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"We have to invest in the future. If we don't invest, my earnings capacity is limited." - Mr Tung

Singapore

HAVING restructured its business to focus on mine ownership rather than mining services, Geo Energy is now ready to stretch its sails to catch the new wind in coal prices.

On the cards are plans to expand coal production and acquire even more mines to boost its reserves.

sentifi.com

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