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Green Dragon ready to roar

Fears about a Chinese hard landing have hit shares in Green Dragon, but operationally the company is making strong progress towards commerciality
September 30, 2011

Randeep Grewal, chairman of Green Dragon Gas, believes the company now fully understands the drilling process and production profile of its Chinese coal bed methane (CBM) acreage, and is in a position to ramp up production through an aggressive drilling programme.

IC TIP: Buy at $5.62