First development project with production targeted in early 2020
1 - Nusantara owns a 100% interest in the 1.74 Moz Awak Mas Gold Project,with potential to significantly increase.
2 - Resource expansion drilling in progress with resource target increase of 0.3 - 0.5 Moz
3 - Three deposits – the main Awak Mas deposit and two satellite deposits Salu Bulo and Tarra.
highly experienced board and management
4 - Has access to good infrastructure,
5 - Expected to have an AISC of between 500 and 700 USD/oz
6 - Cornerstone support from major shareholders Lion Selection Group, AustralianSuper and Chinese gold producer Zhaojin Mining.
Imo dyor
NUS Price at posting:
26.5¢ Sentiment: Buy Disclosure: Held
