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Adavale Resources Limited Company Snapshot
Business Description:
Adavale Resources Limited operates in the Uranium-radium-vanadium ores sector. Adavale Resources Limited is an Australia-based company. The Company is engaged in mining exploration. The Company is focused on its exploration around coal projects in Indonesia and on the Lake Surprise Uranium project in South Australia. The Company has interests in its Springvale Project in Queensland and in the Mt Flint project in South Australia. It has completed an initial joint ore reserves committee (JORC) exploration program on the Tapan project in Sumatra and it lies 120 kilometers south of the capital of Padang. It included geodetic and topographic mapping, drilling and electric logging. The Lake Surprise area in EL 3622 and western portion of EL 3620 consist of Clayton Basin sequence. The Mumpie Prospect lies in EL 3620 in the southeast corner of the project area and covers a palaeo drainage system of approximately 170 square kilometers. The Mount Painter Province, located thirty to fifty kilometers south of the tenement, contains radiogenic rocks.
   
   
 
  Stock Performance Chart for Adavale Resources Limited
 
  Stock Data: Recent Stock Performance:
  Current Price (2/10/2012): .02
(Figures in Australian Dollars)
1 Week -6.3%   13 Weeks 0.0%  
4 Weeks -25.0%   52 Weeks -55.9%  
 
Adavale Resources Limited Key Data:
  Ticker: ADD Country: AUSTRALIA
  Exchanges: Major Industry: Utilities
    Sub Industry: Telecommunications
  2008 Sales 194,176
(Year Ending Jan 2009).
Employees: 20
  Currency: Australian Dollars Market Cap: 4,754,850
  Fiscal Yr Ends: June Shares Outstanding: 316,990,019
  Share Type: Ordinary Closely Held Shares: 170,505,734
 
 
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