DDzx, you are right Tujuh Bukit lies on the edge of Grajagan beach ,fantastic waves but the area is risky for mining ,prone to tidal waves(tsunami),high rainfall which is going to be very problematic for IAU considering the plan to use cyanide leach there at a rate of about 500gm/tonne of ore.There is a lot of disquiet amongst the locals about the risk to the groundwater.There is a lot of artisinal miners working shallow holes (40 metres deep x 1 metre diameter) just to the north of IAU's ground and exploiting the oxide zone.I've seen some nice bits of gold coming from the holes,had an invitation to go down a few on bamboo and rope ladders but wasn't brave enough.
AUK Price at posting:
41.0¢ Sentiment: Hold Disclosure: Held