indoneasian coal operations back on

  1. 1,144 Posts.

    This is great news in the quarterly report just released..Absolute bargain prices now IMO::



    Section 2 - Indonesian Coal Project
    The Companys interest in the coal mining concession at Muara Teweh in Central Kalimantan is held via its 30% owned associate company, Asiatic Coal Pte Limited (ACPL).
    During the quarter, AOM was advised by ACPL that, although mining operations remained suspended at Muara Teweh, negotiations have been completed in relation to a proposed Contract Mining Agreement and mobilisation of mining equipment to the Muara Teweh site is expected to commence in the next quarter.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.