ADD 33.3% 0.2¢ adavale resources limited

Ann: ADD CONFIRMS JORC COMPLIANT 9M TONNE THERMAL, page-11

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  1. 9,975 Posts.
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    re: Ann: ADD CONFIRMS JORC COMPLIANT 9M TONNE... My understanding is ADD probably have enough ca$h to get into production in Tapan. If they are looking at starting mining in Q4 2010 we should expect a turn around in the SP very soon. They starting pumping this one with Brokers soon.

    If they mine & sell 1 million tonne P.A. any guesses on the SP with 9 million tonnes confirmed in the JORC?

    JR owns the drilling rigs and employees family to run them, maybe they need the work? But i highly suspect they will be on to some good mineralisation in S.A.
 
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