Falcon Energy

Falcon Energy - no Co. specific news that could explain its 10% jump today. Latest Co. news was also few weeks back where the grp posted a net loss of US$4.5m for its 1Q14 results. Although the grp did highlight that it was progressing with its coal mining business to own energy resources assets and will go into the production at a suitable time. The grp meanwhile continues to accumulate coal assets and announcement will be made at an appropriate time.