nice announcement, page-31

Hi waynecat - the Q wasn't very detailed but they seem to be going OK.

Still a long way to go but at least this coal acquisition is moving forward.

I suspect when this 60/40 JV becomes clear to the market and other things (size of resource, offtakes etc) this SP might start to head north.

This could be great buying right now at 4 cents with only 186,000,000 shares on issue & approx 50% held by Top 20.

Might be worth picking up 100,000 waynecat.

Looks like Adavale want to establish themselves in Indonesia as a major coal player, excellent.

PS - enjoy your cruise !