ORP 5.71% 3.7¢ orpheus uranium limited

Also note at the time Antam said in a separate press...

  1. 49 Posts.
    Also note at the time Antam said in a separate press release:

    “The execution of the MOU
    with Oxiana is inline with our
    intention to keep gold as an
    important part of our product
    mix and to offset the depleting
    reserves of our gold mine at
    Pongkor. Acquiring gold and
    diversifying away from nickel
    are important parts of our
    main strategy to create shareholder
    value in the medium
    term. We are pleased to make
    this alliance with Oxiana and
    hope that it may be the starting
    point for creating other
    potentially value-creating projects
    in Indonesia.”

    Obviously the deal with Oz Minerals has not been formalised as nothing has been announced yet either. In other words Antam may yet pull out. Perhaps they are interested in something else instead.


 
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