ADD 16.7% 0.3¢ adavale resources limited

Ann: Consideration of Sumatran Coal Project , page-56

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  1. 868 Posts.
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    Not sure Trees.... links to Theindonesiantoday.com.... Adavale signs JV for 8 concessions in Kalimantan.... Adavale Nusantara Resources in East and South Kalimantan...

    Not sure why this is on the PT Big Blue Resources website.... possible they are the vendor .... or possible JV partner..??

    On their website they claim to have an infered Thermal coal resource... of 500 Million Tonnes .... with production forecast of 100k tonnes/month .... I'd be a Happy Bunny .... if Adavale had something like that...

    At 2.4c .... it seems a long way off...
 
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