EQUAT PALM OIL (LSE:PAL)

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Player Avatar notUSA (22.23) Submitted: 11/2/2010 5:17:06 PM : Outperform Start Price: $22.07 PAL Score: -86.61

London Based Liberian plantation developer in joint venture with India's Silva group(29% owned by BioPalm of India) which is now constructing it's first palm oil processing plant. This is a long term play on the future growth and pricing of PALM OIL which is currently selling for $925 per ton. they plan to produce upwards of 250,000 tons in 10 yrs time.Palm Oil is currently projested to grow at 5-6% annually worldwide.

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