Tuesday 17 June 2014

Sesa Sterlite Update by Epic Research

Epic Update Sesa Sterlite

Aim to reduce debt through internal accruals



Sesa Sterlite management comments from FY14 annual report



Expect to restart mining operations in Goa from October



See power sale prices increasing in FY15 -See oil & gas production flat in FY15



Mined metal production cost seen stable going ahead



To focus on buying out minority shareholders’ stake



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