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Decision time for Oracle Coalfields

By Robert Tyerman | Thursday 24 April 2014

Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.

Pakistan may seem a politically unstable country in a dangerous region, mired in debt, religious extremism and cronyism, but Shahrukh Khan, entrepreneurial chief executive officer of Oracle Coalfields (ORCP), insists it is a land of promise with a buoyant stock market. He points to the successful completion of a $2billion Eurobond the other day as evidence of this and that Pakistan’s 180 million people are crying out for an end to the chronic electric power shortages which, he argues, provide a potentially lucrative opportunity for AIM-quoted Oracle.

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