Thanks Nannook, It good to see u around here again! You do a marvelous job with communications for us.
If anyone knows if KRL selling any coal at the moment? Are we expecting river levels to rise around the Sep/Oct period? With the land problem if it is not ours is there a chance in us buying it from the owner?
Theindonesiatoday.com - PT Muji Lines, a subsidiary of coal miner PT Bayan Resources Tbk, has signed vessel sales purchase agreement with Favor Sum Investments Ltd on August 16, 2011.
On the agreement, Favor Sum will developed a vessel in Dalian, China for a total value of US$55.4 million (CIF Balikpapan), and will be delivered to Muji Lines by November 2012.
The vessel will work as the second Floating Shipment Terminal of Bayan Group. The purchase is one of the Bayan?s corporate act in increasing their logistic infrastructure services and coal handling ability.
KRL Price at posting:
14.5¢ Sentiment: Hold Disclosure: Held
