“ … 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.)

Monday, December 17, 2007

Indonesia`s Inco set for a 10-for-1 stock split

Jakarta (ANTARA News) - Shareholders of the Indonesian unit of nickel producer Inco Ltd have approved a 10-for-1 stock split to increase liquidity, the company said on Monday.

After the split, the nominal value of PT International Nickel Indonesia's shares would be 25 rupiah each, against 250 rupiah ($0.267), said Indra Ginting, Inco's corporate secretary.

"We will provide further details on the tentative schedule in early January. Share prices will be adjusted one day before the stock split," Ginting was quoted by Reuters as telling a news conference, adding the split still needed to be approved by the Indonesia Stock Exchange.

The firm's shares were trading down 0.84 percent at 94,200 rupiah late morning on Monday, outperforming a 1.6 percent dip in the main index.

PT Inco, wholly owned by Brazil's Companhia Vale do Rio Doce through Canada's Inco Ltd, expects to produce between 165-170 million pounds of nickel in matte this year despite an 11-day strike that caused a production loss of 5 million pounds of nickel in November.

"We may surpass the (2005) record production this year at between 165-170 million pounds," Arif Siregar, Inco's president director said. The firm posted record production of 168 million pounds in 2005.

Inco produced 58,100 tonnes or 128.1 million pounds of nickel in matte in January-September this year, up from 50,400 tonnes, or 111.1 million pounds in the same period 2006.

Last year, it produced 157.9 million pounds, or 71,700 tonnes of nickel in matte.

The company posted a four-fold rise in net profit to $972.55 million in the first nine months of this year from a year ago, amid strong global demand for nickel.

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