re: Ann: Robust secures strategic Indonesian ...
Probaly the best move they could make imo, its not easy starting a new mine in Indonesia especially if you dont have the right partners with the indonesian contacts that can help move it to production, ROL is well cashed up, now just needs to announce a resource to give the market an idea of what ROL is sitting on..
"Indonesian partner that has in-country experience, government relationships, and a track record of developing Greenfield projects into successful operating companies."
"We have been working for 12 months to identify and secure a strong Indonesian partner that has the experience, an understanding of domestic politics and bureaucracy, and the skills to help us take the Romang Island project through to successful development. Salim Group has all these attributes in abundance."
ROL Price at posting:
$2.09 Sentiment: None Disclosure: Not Held