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Adavale Resources Limited  (ADD)

Description: Adavale Resources Limited is an exploration company. The Company is engaged in mining explorations and development in Australia and Indonesia. The Company is also involved in research and identifying coal projects across Indonesia. It is focused on exploration of its uranium project at Lake Surprise in South Australia, as well as evaluating other uranium and coal exploration opportunities. Its Tapan project lies approximately 120 kilometers south of the capital of Padang. Its Lake Surprise Project area contains the Jubilee and Mookwarinna Prospect areas, and these lie within a shallow and structural downwarp, known as the Clayton Basin. The Company's exploration licenses within northern part of the Lake Frome Embayment include EL 4949, EL 4950 and EL 5644. Its EL 4949 has an area of over 120 square kilometers. The Jubilee Prospect contains over 10 ore blocks. The Mookwarinna Prospect lies in the south-central part of EL 4950 and spaced drill-holes on a kilometer grid spacing.


Keywords: Mining Exploration Occupational Safety And Health Coal Uranium Vale

Home Page: www.adavaleresources.com

ADD Technical Analysis

49 Oxford Close
West Leederville, WA 6007
Australia
Phone: 61 2 8003 6733


Officers

Name Title
Mr. Allan Ritchie O.A.M. Chief Exec. Officer
Mr. Leonard Vun Chee Math B.Bus., B.Com., BComm, C.A., CA CFO & Company Sec.
Mr. David Noel Riekie AICD, B.Ec., C.A., CA, Dip Acc, M.A.I.C.D., MAICD Exec. Director
Mr. Paschal Wadeya Chief Geologist

Exchange: AU

Country: AU

Currency: Australian Dollar (A$)

GIC Sector: Energy
GIC Group: Energy
GIC Industry: Oil, Gas & Consumable Fuels
GIC Sub-Industry: Coal & Consumable Fuels
Forward PE: 0
Trailing PE: 0
Price-to-Book MRQ: 53.1976
Price-to-Sales TTM: 1406.412
IPO Date:
Fiscal Year End: June
Full Time Employees: 0
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