new indonesian mining law, page-4

Why would it be less attractive if its a simple stand-alone (free-milling) gold project in focus ... all would be done on-site so Indons would be happy?

And anyway, why would a major be interested in such a relatively small play? ORP just needs enough cash next for a full BFS and the rest will fall into place thereafter. Might be able to then sell the project for cap return if it looks too hard to manage solo.

AUDPOG now back to 1200+ /oz and ORP project cash-costs indicated would place it at the peer group lower end, so again, if there are no hidden toxins here, looks a goer .... they just have to hold onto it and that means immediate injection of sufficient funds for some breathing space.

But with the CEO and another director recently given marching orders, who is steering this ship atm?

Anyway thats why the sp is back to almost shell value with total disregard to asset fair value' so let the speculating go on and lets see how many more loose bits are left.

IMBOOC