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Indonesia holds no fears for junior

AUSTINDO is capitalised at around $30 million with a 550,000oz high-grade project in west Java that is the subject of a bankable feasibility study due to be completed in the first half of 2004.

Michael Quinn
Indonesia holds no fears for junior

The Cibaliung project is targeted to be a 70,000oz per annum operation that will cost around US$30 million to develop and will produce at cash costs of less than US$200/oz - equating to a margin at current...

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