“ … Here is another one. A change in what Human nature will allow for government. "Careful, Kryon, don't talk about politics. You'll get in trouble." I won't get in trouble. I'm going to tell you to watch for leadership that cares about you. "You mean politics is going to change?" It already has. It's beginning. Watch for it. You're going to see a total phase-out of old energy dictatorships eventually. The potential is that you're going to see that before 2013.

They're going to fall over, you know, because the energy of the population will not sustain an old energy leader ..."
"Update on Current Events" – Jul 23, 2011 (Kryon channelled by Lee Carroll) - (Subjects: The Humanization of God, Gaia, Shift of Human Consciousness, 2012, Benevolent Design, Financial Institutes (Recession, System to Change ...), Water Cycle (Heat up, Mini Ice Ace, Oceans, Fish, Earthquakes ..), Nuclear Power Revealed, Geothermal Power, Hydro Power, Drinking Water from Seawater, No need for Oil as Much, Middle East in Peace, Persia/Iran Uprising, Muhammad, Israel, DNA, Two Dictators to fall soon, Africa, China, (Old) Souls, Species to go, Whales to Humans, Global Unity,..... etc.)
(Subjects: Who/What is Kryon ?, Egypt Uprising, Iran/Persia Uprising, Peace in Middle East without Israel actively involved, Muhammad, "Conceptual" Youth Revolution, "Conceptual" Managed Business, Internet, Social Media, News Media, Google, Bankers, Global Unity,..... etc.)
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Friday, October 26, 2007

Straits Asia to buy two more Indonesian coal mining concessions

Singapore (ANTARA News) - Straits Asia Resources, a Singapore-listed coal mining subsidiary of Australia's Straits Resources, said late Thursday it has agreed to buy two more coal mining concessions near its coal mines on the Indonesian island of Sebuku.

The company said it is conducting due diligence and will pay 25 million US dollars once the due diligence is completed.

A further 114 million dollars will be paid once Indonesian government approvals have been secured, the company told Thomson Financial.

The two concessions are estimated to have coal reserves of 34-50 million tonnes, of which 4 million tonnes can be mined immediately.

"This acquisition offers further tremendous potential for growth of our business beyond our goal of 6 million tonnes production in 2009," said Straits Asia chief executive Richard Ong.

This is the second acquisition announced by Straits Asia in recent months. Last month, the company signed a memorandum of understanding on the purchase of a thermal coal mining operation in the Indonesian province of East Kalimantan.

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