Oct. 10, 2013
/PRNewswire/ -- L & L Energy, Inc. (NASDAQ: "LLEN") ("L&L" or the "Company") a U.S.-based company with profitable energy (coal) operations in
, announced today that SeeThruEquity, LLC, an unbiased and independent research firm, has initiated coverage on the Company. The report is now available for viewing at (
"We initiate coverage on L&L Energy, Inc. ("L&L") with a price target of
per share. L&L is a vertically integrated coal company operating in southwestern
, selling thermal, metallurgical and coking coal to State Owned entities and various private companies. As of
July 31, 2013
, they operated five coal mines, two coal washing plants and three wholesale distribution networks in the
, Director of Research at SeeThruEquity, LLC.
Tandon continued, "Our analysis indicates a fair value estimate of
per share (detailed on pages 7 and 8), implying an upside of 311% from the recent price of
. We view L&L as a speculative play in the Chinese coal market, with the potential to generate attractive top and bottom line growth through organic and acquisition opportunities."
SeeThruEquity, LLC is an investment research and corporate access firm that produces high quality research reports on small cap and microcap companies with less than
in market capitalization. The research is unbiased and not paid-for research. For more information visit
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The investment opinions expressed are solely those of SeeThruEquity, LLC. SeeThruEquity, LLC has not been compensated for the preparation of the report on the Company by any third party or the Company.