Well mort, just to get things going:
What we know is that ANTAM is interested in increasing their 25% stake in PUNGKUT.
We also know that ANTAM acquired 25% of OZ Minerals (then OXIANA) MARTABE mine in July this year and payed US$ 66.5 million for 10% equivalent.
That amounts to about US$ 10 million per 1 million ounces for 10% of the mine (MARTABE 6 million oz Au/ 60 million oz Ag). That's US$ 100 per ounce.
What has to be considered is the fact that the construction of the MARTABE mine site is near
complete.
scoping study, page-12
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