Summary
BRITAIN'S biggest coal producer is poised to tap shareholders for around Pounds 100m to relieve the mounting pressure on its finances. UK Coal, which declined to comment on the claims, could unveil the rights issue as soon as today, City sources said last night.
A huge writedown on the value of its land bank pushed UK Coal into a Pounds 80m loss over the first half.See the full content of this document
Extract
Uk Coal 'Cash Call'
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