aus data

Despite market capitulation.... over European worries..

... Massive Aus trade surplus for August... $3.1 Billion
... 2nd biggest on record
... Resources driven
... Exports +8% month on month
... 45% better than forecast..

... China growth still forecast for 9% 2011..

... China's Hanlan just paid 33% premium for Sundance Res..

... Warren Buffet "No recession... valuations at record lows... companies are doing well.. sell off is fear driven"... "Huge amount of cash sitting on the sidelines... relief rally may result in panic buying"

... Still a massive opportunity for Adavale.... current
market is not an excuse for continued doing nothing...

... See www.arthurphillip.com.au.... Adavale banner... "lead advisor on acquiring and establishing their Indonesian coal operations"...... time to see some... "leadership"..."acquisition"....and "establishment"