This statement sounds more bullish then previous statements &...

This statement sounds more bullish then previous statements & once again note there looking aggressively advanced coal for early production:


2.3 PROJECT EVALUATION
During the quarter, the Company aggressively pursued a number of coal projects in Kalimantan, and more
recently in Sumatra, Indonesia in its quest to source a bona fide coal project in Indonesia (geographically
compatible with Pungkut). Indonesia has become a substantial global producer of coal and "Oropa is
utilising its inherent knowledge to source and hopefully acquire an advanced coal project that could be
rapidly developed to production, principally to fund the development of the Pungkut gold project."



There are concerns from within certain quarters of the international community regarding the future of the
Indonesian resources industry as the Central Government laboriously continues towards initiating a new
mining policy for the country. Complications have arisen from the autonomous laws previous implemented
that transferred considerable power from the Central Government to the Provincial Governments. These
new policies are becoming more defined and are expected to be put to parliament later this year. During
this transition period, the coal industry has blossomed and coal exports are at all time highs. Moreover,
existing Central Government contracts such as CoWs will continue beyond any new legislation being
introduced, according to senior Mines Department officials. Consequently, Oropa is of the opinion that it
will not be adversely impacted by the proposed new legislation that may be introduced to parliament later in
the year.
PHILIP C CHRISTIE
Director



DYOR