You must have just cut loss INCO ? 

  ----- Original Message ----- 
  From: Bettina Tan 
  To: obrolan-bandar@yahoogroups.com 
  Sent: Thursday, August 02, 2007 8:27 PM
  Subject: Re: [obrolan-bandar] Inco Unit to Build 2 New Nickel Plants



  Be careful guys.. many of the fact in this news are not correct. 

  Canadian [Brazillian] nickel miner Inco Ltd.'s [CVRD Inco] Indonesia unit 
plans to build two new nickel plants on Sulawesi island at a cost of $2.5 
billion, an Indonesia executive said Thursday [Who the hell is he?]. 
  "We expect to start building the plants next year in an effort to increase 
our nickel output to 300 million pounds by 2016," said Arif Siregar, chief 
executive of PT International Nickel Indonesia, or PT Inco. [In what occasion, 
where, when did he say that? Is this another shit or what, even Karebbe Dam has 
not been finished yet, pulverized coal project has just been in feasibility 
studies for years! Pomalaa concession is in problem and possible to be taken 
back by RI government, Bahodopi concession are also the same, leeching 
technology, they call it HPAL has not been completed. Another 2 plants? I do 
not believe it] 
  The Indonesian company's nickel output this year is expected to be 165 
million pounds [stagnan output with decreasing price of nickel? This year 
profit expected to be lower than last year.. ] . 
  Arif said PT Inco, 61 [72 if I am not mistaken] percent owned by its Canadian 
[Brazilian] parent, will launch an engineering study in September to decide the 
financing structure for the development of the plants. [What could I say then.. 
it is bullshit] 



  On 8/2/07, Eka Suwandana <[EMAIL PROTECTED]> wrote: 

    Wah wah wah saham ini bisa buat anak cucu juga!


    Inco Unit to Build 2 New Nickel Plants
    Thursday August 2, 4:24 am ET 
         
    Indonesian Unit of Inco to Build 2 New Nickel Plants on Sulawesi Island for 
$2.5 Billion 
    JAKARTA, Indonesia (AP) -- Canadian nickel miner Inco Ltd.'s Indonesia unit 
plans to build two new nickel plants on Sulawesi island at a cost of $2.5 
billion, an Indonesia executive said Thursday. 
    "We expect to start building the plants next year in an effort to increase 
our nickel output to 300 million pounds by 2016," said Arif Siregar, chief 
executive of PT International Nickel Indonesia, or PT Inco. 
    The Indonesian company's nickel output this year is expected to be 165 
million pounds. 
    Arif said PT Inco, 61 percent owned by its Canadian parent, will launch an 
engineering study in September to decide the financing structure for the 
development of the plants. 







   

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