ADD adavale resources limited

adavale quarterly activities report

  1. 868 Posts.
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    Would like to see the following clarified in the upcoming report...

    .... In the June Report 2011 ... it was reported we had "preliminary agreements to assume mining contracts" at .. PT Trimitra Sembada .. PT Cahaya Alam Sejahtera ... and CV Rahma ... what progress here ... given 7 months now lapsed and a million dollars plus in administration expended since this was reported ...???

    .... September Report 2011 stated .. "Drilling and logging at Tapan to commence in December at Tapan" .... Results of these ...???

    .... September Report 2011 stated .. "Agreement to mine PT Putra Batulicin Menbangun (PBM) under negotiation" .... progress here over the last 4 months ...???

    .... Explanation of CEO resignation/debacle .... CEO announced with much fanfare lasted 4 months in office .... why ... ???

    Hopefully something concrete ... not more of the usual "MOU's" .... "agreements being negotiated" .... "continuing to expand into Indonesia" waffle ... we know it will include $400/500k on admin ... please give us some bang for our buck .... finally ..!!!!!
 
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