ADD 0.00% 0.3¢ adavale resources limited

henry review - glad we are in indonesia

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    One of the upsides for ADD and its Indonesian coal projects it would seem that it will not be exposed to the Rudd Government's opportunistic tax grab for the 40% Resource Super Profits Tax.

    That is some timely reassurance for my investment in this company.

    JORC for Tapan due within next 4 weeks.

    Should expect SP to move upwards today IMO on back of US markets overnight.

    Colonel
 
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