2.3 PROJECT EVALUATION Opportunities for coal and further advanced gold projects in Indonesia have been evaluated. However, the recent surge in coal prices has resulted in heightened coal exploration activities in Indonesia and sourcing new quality projects has become difficult in the current highly competitive climate. Oropa maintains a high standards of legal and technical due diligence to ensure that if any acquisition proceeds, it will be to the benefit of the company. Given the right opportunity, Oropa would consider expanding its interests in Indonesia by acquiring an advanced coal project that could be rapidly developed to production, principally to finance the ongoing development of the Pungkut gold project from cash flows.
ORP Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
