Thank you Pak Fred, I agree with you, I expect that government will maintain conducive environment for mining sector that contributes to approximately 35% of indon GDP. So accumulate the mining stock now, as correction seems overseen? I am targetting INCO as the FS Q1 will be released soon, expecting multiple earning from PY.. :-) threefold or more than that? |What do you think?
On 4/18/07, Frederick Schubert <[EMAIL PROTECTED]> wrote:
This is just an fyi, the first reg on your list should be considered positive it will force all mining companies to also have refineries so that in the end they can export REFINED metals which are more expensive that the ores... The second, as i involved directly, many foreign companies oppose to the proposal. And..as usual, if foreign companies are opposant, the indon government will likely not plan to change any of the existing regulation. the third, will relate with the government's plan to set up a mining holding.... ANTAM may necome the surviving or on the other way around... hope the above helps.. *Bettina Tan <[EMAIL PROTECTED]>* wrote: Diskusi IMA dengan directorate general pertambangan di metro TV tadi malam tersirat bahwa dalam draft undang-undang pertambangan yang baru akan diatur: 1. ekspor bijih tidak diperkenankan lagi, padahal rata2 perusahaan tambang di Indonesia mengekspor bijih. 2. tidak terdapat kepastian hukum karena menurut beliau kontrak karya tidak akan ada lagi dalam UU pertambangan yang baru. 3. akan dibentuk suatu badan hukum di luar pemerintah yang berurusan mengenai pertambangan dengan para opeator tambang. What do you think about this, I concern a lot about this new development, maybe the others also. That's why I see selling force on mining sector is increasing. Just beware of topping of the price of mining sector. ------------------------------ Ahhh...imagining that irresistible "new car" smell? Check out new cars at Yahoo! Autos.<http://us.rd.yahoo.com/evt=48245/*http://autos.yahoo.com/new_cars.html;_ylc=X3oDMTE1YW1jcXJ2BF9TAzk3MTA3MDc2BHNlYwNtYWlsdGFncwRzbGsDbmV3LWNhcnM->
