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Asia Energy jumped 18.8 per cent to 776.5 p after a bullish note from Cazenove. The broker said even taking a conservative outlook on coal prices the stock's net present value before equity dilutions should be £13.81, given its "potentially world class" Phulbari asset in Bangladesh. Cambrian Mining. which owns 27 per cent of Asia Energy, rode 13.3 per cent higher on its coattails to 212.5 p.
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