scoping study, page-15

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.