WKN:910452 -ANEKA TAMBANG mit guter Dividende will empfehle! - 500 Beiträge pro Seite

[AsiaGold]

@alle grüße ,guten tag !
Wolle auch mal meine asiat. Goldmine vorstelle.
Aneka Tambamg aus Indonesia .
Mache in Gold u. Nickel so - ich haben schon viele Jahre selbst.
Finde sehr gut da immer gute Dividende!
Zahlt im Oktober EX-Divi = 75 IDR, das entspr. bei
Rendite 7,5%. In Deutschland mußt noch mal Quellensteuer bezahle!Macht aber wenig- z.B. hast 10000 Stck. kriegst
68 uro entspr. dann 6,8% bei Kurs wie heut in Fm bei so 0,10 uro.
Bestimmt wird bald höher steigen , wenn Gold guter Preis!
Nickel ist auch gutes Geschäft( mit Japan u. Germany).
Jetzt bald machen an Jakarta auch noch mit GoldFuture_Handel! Also ich finde gut- in Deutschland manchmal wenig Umsatz mit Aktie leider.

Kannst auch in Berlin kaufen!:

Guten Tag Ihr Yuan Kemal !

[AsiaGold]

Nochmal kannst Gucken ist besser als WMC !




COMPANY RESEARCH REPORT:PT Aneka Tambang Terbuka
Data as of: 2/1/02


Company Description

PT Aneka Tambang Terbuka(ANTAM). Operates mining businesses including exploration of nickel, gold, bauxite and iron sand. The Group had six mines located at Kijiang, Bintan Island, Riau (bauxite); Pomalaa, Southeast Sulawesi (nickel); Gebe Island, N. Maluku (nickel); Cilacap, Central Java (iron sand); and Pongkor Mountain, Bogor, West Java (gold). In addition, PT Antam Tesourcindo, the subsidiary of International Antam Resources Ltd (IARL), the Company`s own subsidiary, owns and operates a gold mine in Cikidang, West Java. Other activities are refinery of precious metal and geology services. Nickel accounted for 65% of 2000 revenues; gold and refinery, 26%; bauxite, 8% and iron sand, 1%


Competitor Analysis
PT Aneka Tambang Terbuka operates in the Ferroalloy ores, except vanadium sector. This analysis compares PT Aneka Tambang Terbuka with three other miscellaneous mining companies in Australasia: WMC Limited of Australia (2000 sales of 3.09 billion Australian Dollars [US$1.57 billion] of which 53% was Nickel), Pacific Metals Co Ltd of Japan (65.52 billion Japanese Yen [US$492.06 million] of which 51% was Nickel), and PT International Nickel Indonesia Terbuk (3.40 trillion Indonesian Rupiahs [US$329.79 million] of which 100% was Nickel matte).


Sales Analysis
During the first quarter of 2001, sales at PT Aneka Tambang Terbuka totalled 340.95 billion Indonesian Rupiahs. This is an increase of 13.0% from the 301.78 billion Indonesian Rupiahs in sales at the company during the first quarter of 2000.

PT Aneka Tambang Terbuka reported sales of 1.57 trillion Indonesian Rupiahs (US$151.78 million) for the year ending December of 2000. This represents an increase of 62.1% versus 1999, when the company`s sales were 966.15 billion Indonesian Rupiahs. Sales of Nickel saw an increase of 73.8% in 2000, from 584.03 billion Indonesian Rupiahs to 1.01 trillion Indonesian Rupiahs.



PT Aneka Tambang Terbuka currently has 3,811 employees. With sales of 1.57 trillion Indonesian Rupiahs (US$151.78 million) , this equates to sales of US$39,826 per employee. This is a great deal lower than the three comparable companies, which had sales between US$139,743 and US$452,002 per employee. Note that some of the figures stated herein could be distorted based on exact classification of employees and subcontractors.


Sales Comparisons (Fiscal Year ending 2000) Company Year
Ended
Sales
(US$mlns) Sales
Growth Sales/
Emp (US$) Largest Region
PT Aneka Tambang Terbuka Dec 2000
151.775 62.1% 39,826 Indonesia (100.0%)
WMC Limited Dec 2000 1,574.323 47.6% 452,002 Australia (100.0%)
Pacific Metals Co Ltd Mar 2000 492.063 69.0% 378,801 Japan (72.3%)
PT International Nickel Indonesia Terbuk Dec 2000 329.794 111.3% 139,743 N/A



Recent Stock Performance

In recent years, this stock has performed terribly. In 1998, the stock traded as high as 2,750.00 Indonesian Rupiahs, versus 975.00 Indonesian Rupiahs on 2/1/02.

During each of the previous 3 years, this stock has fallen in value (at the end of 1995, the stock was at 1,625.00 Indonesian Rupiahs).

For the 52 weeks ending 2/1/02, the stock of this company was up 2.6% to 975.00 Indonesian Rupiahs. During the past 13 weeks, the stock has increased 14.7%.

During the 12 months ending 9/30/01, earnings per share totalled 317.94 Indonesian Rupiahs per share. Thus, the Price / Earnings ratio is 3.07. These 12 month earnings are greater than the earnings per share achieved during the last fiscal year of the company, which ended in December of 2000, when the company reported earnings of 311.31 per share. Earnings per share rose 70.1% in 2000 from 1999.

This company is currently trading at 0.77 times sales. The three companies vary greatly in terms of price to sales ratio: trading from 0.19 times all the way up to 3.43 times their annual sales. PT Aneka Tambang Terbuka is trading at 0.69 times book value. Since the price to book ratio is less than 1, this means that theoretically, the net value of the assets is greater than the value of a company as a going concern.


Summary of company valuations (as of 2/1/02). Company P/E Price/
Book Price/
Sales 52 Wk
Pr Chg
PT Aneka Tambang Terbuka 3.1 0.69 0.77 2.60%
WMC Limited 16.6 2.21 3.43 27.36%
Pacific Metals Co Ltd 7.0 1.81 0.19 -71.16%
PT International Nickel Indonesia Terbuk 2.5 0.17 0.36 -41.62%

The market capitalization of this company is 1.20 trillion Indonesian Rupiahs (US$116.28 million) . Closely held shares (i.e., those held by officers, directors, pension and benefit plans and those shareholders who own more than 5% of the stock) amount to over 50% of the total shares outstanding: thus, it is impossible for an outsider to acquire a majority of the shares without the consent of management and other insiders. The capitalization of the floating stock (i.e., that which is not closely held) is 420.00 billion Indonesian Rupiahs (US$40.70 million) .


Dividend Analysis
During the 12 months ending 9/30/01, PT Aneka Tambang Terbuka paid dividends totalling 155.66 Indonesian Rupiahs per share. Since the stock is currently trading at 975.00 Indonesian Rupiahs, this implies a dividend yield of 16.0%. This company`s dividend yield is higher than the three comparable companies (which are currently paying dividends between 0.0% and 3.9% of the stock price). The company has paid a dividend for 4 straight years.

During the same 12 month period ended 9/30/01, the Company reported earnings of 317.94 Indonesian Rupiahs per share. Thus, the company paid 49.0% of its profits as dividends.


Profitability Analysis

On the 1.57 trillion Indonesian Rupiahs in sales reported by the company in 2000, the cost of goods sold totalled 760.77 billion Indonesian Rupiahs, or 48.6% of sales (i.e., the gross profit was 51.4% of sales). This gross profit margin is better than the company achieved in 1999, when cost of goods sold totalled 49.5% of sales.

PT Aneka Tambang Terbuka`s 2000 gross profit margin of 51.4% was better than all three comparable companies (which had gross profits in 2000 between 24.3% and 38.2% of sales).

The company`s earnings before interest, taxes, depreciation and amorization (EBITDA) were 668.81 billion Indonesian Rupiahs, or 42.7% of sales. This EBITDA margin is better than the company achieved in 1999, when the EBITDA margin was equal to 40.7% of sales. The three comparable companies had EBITDA margins that were all less (between 14.5% and 37.7%) than that achieved by PT Aneka Tambang Terbuka.

In 2000, earnings before extraordinary items at PT Aneka Tambang Terbuka were 383.16 billion Indonesian Rupiahs, or 24.5% of sales. This profit margin is an improvement over the level the company achieved in 1999, when the profit margin was 23.3% of sales.

The company`s return on equity in 2000 was 26.1%. This was significantly better than the 15.6% return the company achieved in 1999. (Extraordinary items have been excluded).

Profitability Comparison Company Year Gross
Profit
Margin EBITDA
Margin Earns
bef.
extra
PT Aneka Tambang Terbuka 2000 51.4% 42.7% 24.5%
PT Aneka Tambang Terbuka 1999 50.5% 40.7% 23.3%

WMC Limited 2000 N/A 34.6% 24.7%
Pacific Metals Co Ltd 2000 24.3% 14.5% -19.1%
PT International Nickel Indonesia Terbuk 2000 38.2% 37.7% 20.0%


During the first quarter of 2001, PT Aneka Tambang Terbuka reported earnings per share of 341.17 Indonesian Rupiahs. This is an increase of 331% versus the first quarter of 2000, when the company reported earnings of 79.24 Indonesian Rupiahs per share.

PT Aneka Tambang Terbuka reports profits by product line. During 2000, the itemized operating profits at all divisions were 651.34 billion Indonesian Rupiahs, which is equal to 41.6% of total sales. Of all the product lines, Nickel had the highest operating profits in 2000, with operating profits equal to 45.0% of sales. (This product line is the largest at PT Aneka Tambang Terbuka, and accounted for 65% of sales in 2000).

Bauxite had the lowest operating profit margin in 2000, with the operating profit equal to only 26.4% of sales.


Inventory Analysis
As of , the value of the company`s inventory totalled 238.95 billion Indonesian Rupiahs. Since the cost of goods sold was 760.77 billion Indonesian Rupiahs for the year, the company had 115 days of inventory on hand (another way to look at this is to say that the company turned over its inventory 3.2 times per year). In terms of inventory turnover, this is a significant improvement over , when the company`s inventory was 183.16 billion Indonesian Rupiahs, equivalent to 140 days in inventory.

The 115 days in inventory is higher than the three comparable companies, which had inventories between 52 and 89 days sales at the end of 2000.



Financial Position
As of , the company`s long term debt was 156.92 billion Indonesian Rupiahs and total liabilities (i.e., all monies owed) were 757.00 billion Indonesian Rupiahs. The long term debt to equity ratio of the company is very low, at only 0.09.

As of , the accounts receivable for the company were 94.19 billion Indonesian Rupiahs, which is equivalent to 22 days of sales. This is an improvement over the end of 1999, when PT Aneka Tambang Terbuka had 48 days of sales in accounts receivable.

The 22 days of accounts receivable at PT Aneka Tambang Terbuka are lower than all three comparable companies: WMC Limited had 82 days, Pacific Metals Co Ltd had 70 days, while PT International Nickel Indonesia Terbuk had 61 days outstanding at the end of the fiscal year 2000.


Financial Positions
Company Year LT Debt/
Equity Days
AR Days
Inv.
PT Aneka Tambang Terbuka 2000 0.09 22 115
WMC Limited 2000 0.55 82 82
Pacific Metals Co Ltd 2000 7.00 70 52
PT International Nickel Indonesia Terbuk 2000 0.48 61 89


Guten Tag Bordfreunde v. Yuan Kemal!

[AsiaGold]

@Guten Tag , alle !
Gute Zahlen für ANTAM (ANEKA TAMBANG),Gold komme steigende Phase !

ANEKA TAMBANG (PERSERO) TBK (PT) 2002-02-01 ASX-SIGNAL-G


HOMEX - Sydney



+++++++++++++++++++++++++
PRODUCTION & SALES (please refer to accompanying tables)



FERRONICKEL



The production volume of ferronickel increased by 80% and 29%
compared with the previous quarter and same quarter last year as the
furnace of FeNi 1 resumed full operation in October and toll smelting
was accounted for. The toll smelting from Pamco to compensate for the
closure of FeNi 1 produced 1,000 tons of nickel and Pomalaa`s
production reached 9,302 tons of contained nickel, thus reaching the
annual target of 10,300 tons. Ferronickel sales during the fourth
quarter increased by 190% and 22% compared with previous quarter and
same quarter last year. Antam sold 10,283 tons of contained nickel,
matching the annual target.



NICKEL ORE



Saprolitic (high grade) nickel ore production from Pomalaa, Gebe, Gee
and the new mine at Tanjung Buli totaled 2,498,163 wmt and was 16%
higher than the 2001 target. This is mainly due to 58% order
enlargement from the Japanese consortium Gokokai (Nippon Yakkin,
Sumitomo and Pacific Metals Co) and the beginning of exports from Gee
and Buli.



The first shipment from Tanjung Buli was delivered on August 25th to
Pamco and the first export shipment from Gee Island was delivered on
August 20 to Nippon Yakkin. Initially, the Gee unit was strictly to
supply the Pomalaa facility. High grade ore sales volumes thus
increased 64% compared with the same quarter last year. Next year,
300,000 tons of saprolitic ore from Tanjung Buli will be exported to
Japan and 375,000 tons of limonitic ore to Australia. Exports will
continue at a rate of about one ship every month from each of the
mine business units



The production volume at Pomalaa reached 16% above the target for
2001 and sales were 20% over target. The production and sales volume
of nickel high grade ore from Gebe decreased slightly but still
reached the annual target. Sales were 89% of target. The weather at
Gebe Island is rather often poor with rough seas and rain.



Limonitic (low grade) nickel ore is produced at Gebe and Tanjung
Buli. Total production from both areas reached 1,120,978 wmt or 84%
of the 2001 target. Sales volumes of low grade from Gebe achieved 74%
of the 2001 volume target.



The total nickel ore sales volume is 91% of the 3,060,000 wmt total
target for 2001.



GOLD PRODUCTION AND SALES



Gold production reached 97.0% of the 4.102 kg gold target of 2001,
while silver production decreased but was 19.0% over the 23,606 kg
silver target of 2001. The production volume of ore from underground
stope and development increased to 310,535 wmt. The 40% increase
comes as Antam begins to lessen its dependence on easier to extract
outcrops and improves on the more technical underground mining
methods. This year Antam mined 28% less ore from the the outcrops at
102,564 wmt. The total of 413,099 wmt was 11% below the 462,400 wmt
ore target for 2001.



Gold sales, now almost entirely sold domestically, increased by 12%
compare with previous quarter.



The production volume of bauxite was 24% higher than the 1,000,000
wmt target of 2001, while the realized sales volume was 11% higher
than the 1,100,000 wmt target of this year.



Due to stopped production at the Lumajang mine in November 2001, the
production volume of iron sand decreased by 16.9% compare with
previous quarter. Total production volume was 3% below the 2001
target. Sales volumes of iron sand were 9% below target.

Guten Tag Ihr Yuan Kemal !

[Arhaes]

Da schmeiss ich mein Geld lieber aus dem Fenster,

da hab ich wenigstens wieder die Möglichkeit ein paar

Euros zu finden

Vorsicht, es treiben sich wieder "Neu Markt Lemmlinge" im Goldboard rum.

MfG

[Backesova]

@ Arhaes,
laß sie doch, vielleich können sie sehen, was auf längere Sicht zählt.Metabox oder Gold.
Gruß Backesova

[Arhaes]

Ich schimpfe heute schon seit 6 Uhr

und nur weil dieser I...(upss) von Manfred

meine Metex gekauft hat.


MfG

[AsiaGold]

Achtung komme gut !

ANEKA TAMBANG (Jakarta:ANTM.JK)

Last Trade
5:01pm · 1050 Change
+50 (+5.00%) Prev Cls
1000 Volume
1,956,000 Div Date
12 Nov

Day`s Range
1000 - 1050 Bid
1025 Ask
1050 Open
1000
Ex-Div
24 Oct
52-week Range
700.00 - 1250.00
Earn/Shr
311.31
P/E
3.21
Div/Shr
75.66
Yield
7.57 !!!!!!!!!!!

INDONESIAN NEWSPAPER HIGHLIGHTS - MARCH 1, 2002


- State-run Bank Mandiri is reportedly ready to provide a US$75 million loan to state mining firm PT Aneka Tambang (JSX:ANTM), which will use the loan to help finance the Ferro Nickel III development projects worth US$380 million.

(ANTARA)


(C) 2002 Asia Pulse Pte Ltd




a strong and good buy !

Guten TAG - YUAN KEMAL

[AsiaGold]

Jakarta to seek parl`t ratification on mining deals
Reuters, 03.21.02, 5:43 AM ET




JAKARTA, March 21 (Reuters) - Indonesia`s government will ask parliament to ratify about 50 existing mining contracts that have been hit by uncertainty following rules aimed at protecting the environment, a senior official said on Thursday.

Wimpy Tjetjep, director general of geology and mineral resources at the Mines and Energy Ministry, said parliament ratification was needed to reassure investors over the rules, which protect forests and ban open-pit mining in those areas.

He said the contracts included a nickel project on Gag island in remote eastern Papua province that has been suspended because of the rules.

Canadian nickel giant Falconbridge Ltd <FL.TO> and BHP Billiton Plc/Ltd <BHP.AX> <BLT.L> signed a joint venture in June 2000 to consider developing Gag island, but the conservation moves led to a suspension of the project.

"We will bring to parliament about 50 existing mining contract to get their ratification. Parliament needs to do this...to give certainty to investors about their operations in this country," Tjetjep told reporters, without giving a timeframe.

He said the Forestry Ministry and the Mines and Energy Ministry had "basically" reached a common understanding about the importance of mining to Indonesia`s economy.

"There will be no mining development in regional areas, especially in the eastern part of Indonesia, if there is no flexibility on the forestry law. There will also be no revenue from those areas` natural resources," Tjetjep said.

Tjetjep said the 50 contracts comprised a range of foreign and local companies involved in coal, nickel and gold mining.

Copyright 2002, Reuters News Service
Viele Grüße von YUAN KEMAL !

[AsiaGold]

Aneka Tambang was up 50 at 1,175 on 16.1 mln shares ahead of the release of full year results, expected tomorrow.



4 Apr · 1175 Change
+50 (+4.44%) Prev Cls
1125 Volume
16,513,000


DJ. Indonesia Forestry Min Advised To Let Nickel Proj Proceed

--------------------------------------------------------------------------------

Story Filed: Thursday, April 04, 2002 5:45 AM EST

SINGAPORE, Apr 04, 2002 (ODJ Select via COMTEX) -- (Dow Jones)--An Indonesian government team has made a recommendation to Indonesia`s Ministry of Forestry to change the status of a protected forest on Gag Island to a "production forest" to enable an open-pit nickel mining project to be carried out, a senior Indonesian official told Dow Jones Newswires recently.

In 1999, the Ministry of Forestry declared the area on Gag Island a

protected forest, thus forbidding any mining activity on the island.

However, PT Gag Nickel, 75%-owned by Anglo-Australian miner BHP Billiton

Ltd. (BHP), received government approval in 1998 to implement open-pit mining on the island, prior to the law`s issuance. Indonesia`s PT Aneka Tambang (P.ATB) owns the other 25%.

The laterite nickel deposit of 216 million metric tons on the island is

estimated to be worth US$800 million and with an expected mine life of 100 years.

"The objection to the article...was based on the fact that by 2001, the

total forest damage caused by legal mining activities (in Indonesia) was only around 40,000-55,000 hectares," said Suyartono, director of the Coal and Mineral Technique directorate at the Ministry of Mines and Energy.

Like many Indonesians, he has only one name.

"This figure was much smaller compared with forest damage caused by

other activities, which was around 42 million hectares," Suyartono said.

The nickel operation on Gag Island will resume as soon as the status of the forest on Gag Island has been changed to that of a production forest, he

added, without providing a timeframe.

In the meantime, PT Aneka Tambang, or Antam, said it is looking for a third partner in the project while awaiting the Forestry Ministry to change the forest`s status.

"There are many companies who wish to be our new partner. But it`s too

early to say anything now," Antam corporate secretary Dohar Siregar said.

The new partner is expected to replace Canada-based Falconbridge Ltd.

(T.FL), which pulled out from a plan to hold 37.5% in PT Gag Nickel mainly due to the unsettled forestry issue.

bricht aus!!!
so happy-YUAN K.!

[AsiaGold]

Press Releases


ANTAM AND JFX SIGN MoU FOR GOLD FUTURES TRADING
Agreements also signed with State Pawnshops and Pacific 2000 Futures

PT Antam Tbk (ASX - ATM; JSX - ANTM) and Perum Pegadaian (State Pawnshops) announce the signing of a Memorandum of Understanding with PT Bursa Berjangka Jakarta (Jakarta Futures Exchange – JFX) and PT Pacific 2000 Futures in relation to the inauguration of Futures Trading of Gold at the JFX on February 1, 2002. Antam and State Pawnshops will serve as the gold warehouses and suppliers, and Pacific 2000 Futures will serve as the market maker.

With this agreement the JFX designates Antam’s Logam Mulia Refinery in Jakarta and State Pawnshops in Surabaya as the registered gold storage sites and locations for any required physical gold deliveries. Logam Mulia refines fine gold accredited by the London Bullion Market Association (LBMA), one of the products upon which futures contracts are based. The refinery meets international standards in terms of guaranteed security and product quality.

State Pawnshops also meets the criteria. Gold items are the most common pledge for small loans that the company receives. The company has the facilities to guarantee security and perform quality tests. Jakarta and Surabaya were selected as they are the largest gold trading centers in Indonesia. Gold consumption is estimated to reach 80 tons per year in Surabaya.

PT Pacific 2000 Futures is appointed as the gold market maker. Should a contract reach its maturity, Logam Mulia and State Pawnshops will supply any physical gold that must be delivered.

Antam support in implementing the futures exchange is with a view to promoting and encouraging gold futures trading in Indonesia, which in turn will have a positive impact on the recovery of the deteriorating national economy. A futures exchange can protect investors against commodity price and exchange rate fluctuations and offers potential profitable investments.
Warte auf Quartalerg. this week!
Yuan!

[AsiaGold]

ANEKA T.Ergebniss wie erwartet:
04/11/2002 05:31


Aneka Tambang was up 50 at 1,225 on 9.1 mln shares after reporting a net

profit of 358.155 bln rupiah for 2001 against 383.154 bln a year earlier,

largely in line with leaked results reported last week by AFX-Asia.


Also kommt wieder gute Dividende!
Aussichten nach eigenen Angaben :in absehbarer Zeit eines der größten Nickeluntern. der Welt , mit steigender Goldausbeute. (Artikel folgt)
Grüße Sie !
Yuan K.

[Crsus]

Gute Neuigkeit, dass der Gewinn letztes Jahr kaum gefallen ist. Dieses Jahr sollte ja noch besser werden, da der Nickel-Preis die letzten Wochen stark gestiegen ist.

Nach der Dividende letztes Jahr von 0,139 € freue ich mich auch dieses Jahr wieder auf eine sensationelle Dividendenrendite.

Viele Grüße Crösus

[Crsus]

Dividende war natürlich 0,0139 € !

Bei aktuell 0,15 € also 9,3 % Dividendenrendite, dieses Jahr wohl etwas weniger.

Viele Grüße Crösus

[mrjohns]

wie kann diese mine verstaatlicht sein u. hgleichzeitig als aktien handelbar?
("This month the government decided to delay the privatisation of Tambang Timah and another state-run mining firm, PT Aneka Tambang, owing to weak commodity prices.")

und kennt jemand eine gute seite bei der man die idones. währung histor verfolgen kann? wäre total nett :-)
vielen dank im voraus


slg pat

[AsiaGold]

@mrjohns!
The market capitalization of this company is 1.51 trillion Indonesian Rupiahs (US$159.82 million) . Closely held shares (i.e., those held by officers, directors, pension and benefit plans and those shareholders who own more than 5% of the stock) amount to over 50% of the total shares outstanding: thus, it is impossible for an outsider to acquire a majority of the shares without the consent of management and other insiders. The capitalization of the floating stock (i.e., that which is not closely held) is 527.69 billion Indonesian Rupiahs (US$55.94 million) .







Also steigt doppelt 1xWährung und 1xAktie!
Grüße Yuan !

[AsiaGold]

--------------------------------------------------------------------------------

Antam still optimistic of securing IKB loan by end-May for FeNi III project

--------------------------------------------------------------------------------


JAKARTA (AFX-ASIA) - PT Aneka Tambang said it is still on track to secure 350 mln usd in financing by the end of May to build a third ferronickel smelter, despite protracted negotiations with German bank IKB Deutsche Industriebank AG.

"We`re still progressing," spokesman Cameron Tough said. "We haven`t heard that we`re not on target for having some kind of final resolution by the end of May."

IKB is expected to provide some 200 mln usd in funding towards the project, backed by insurance coverage from the German Export Credit Agency (Hermes).

Tough said it is "not clear" what progress has been made between IKB, Hermes and PricewaterhouseCoopers, which has been charged with conducting a final analysis of the construction project.

"We haven`t found out if it (the PwC report) has been finalised and handed over to IKB and then on to Hermes," he said.

Hermes` backing of the IKB loan is subject to the PwC report, which was expected to be completed by the end of March.

Apart from the IKB loan, funding for the project will come from a local consortium of banks led by PT Bank Mandiri -- expected to provide around 70-80 mln usd -- and around 70 mln usd from the proceeds of Antam`s 1997 initial public offering.

If the IKB loan falls through, Antam would reportedly consider a bond issue valued at around 100-150 mln usd to help fund the project, accompanied by a greater contribution from the Bank Mandiri consortium, a company source previously told AFX-Asia.

Antam expects to start building the new plant in the second half of this year and to start full commercial operations by 2005.

The new smelter is expected to double Antam`s ferronickel capacity to 26,000 tonnes per year.

The Indonesian government has a 65 pct stake in Antam.

[Der_Glueckliche]

Mit indonesischen Werten wäre ich echt vorsichtig, ein Bekannter hat vor ein paar Jahren mit der Bank of Indonesia oder so ähnlich viel Geld in den Sand gesetzt. Wenn es zu viele Aktien gibt und zu wenig Gewinne ist es auch bei einer guten Branche nix...

[Crsus]

Man kann Bank Internasional Indonesia unmöglich mit Aneka Tambang vergleichen.

[AsiaGold]

1. JFX eyes Antam as market maker for gold trading








JFX eyes Antam as market maker for gold trading
The Jakarta Post - Indonesia; Apr 25, 2002



The Jakarta Futures Exchange (JFX) said it was eyeing state-owned gold mining company PT Aneka Tambang (Antam) to become its market maker for boosting gold trading at the country`s flagging futures commodities market.

JFX director JW Sudomo said Antam had agreed to join PT Pacific 2000 Futures as the bourse`s current market marker for gold trading.

"Antam`s preparations have been going on for quite some time, but because they are a state company the process has taken a while," Sudomo was quoted as saying by detik.com at the grand launching of JFX gold trading on Tuesday.

A market maker promotes trading by constantly placing bids and offers at the bourse to entice investors to sell or buy. JFX extracts fees from each transaction.

Trading at the country`s first futures commodity market has been sluggish since it kicked off in December 2000.

A JFX official said the bourse initially traded olein and coffee, but suspended the latter last year on lack of interest.

Last year`s inclusion of crude palm oil did little to arouse trading, he said, and the commodity was also dropped from the bourse. Trading is now limited to olein and gold, he said.

The prospects for gold are perceived to be better, with some using it as a proxy to hedge their currencies against depreciation.

"Price fluctuation of gold always moves in line with that of the U.S. dollar against the rupiah," said Coordinating Minister for the Economy Dorodjatun Kuntjoro-Jakti, who attended Tuesday`s grand launch.

Another benefit of having futures gold trading, he said, was the creation of a price benchmark for gold.

He said the World Gold Council showed that people from the low-income group tended to sell their gold at levels below global market prices as they lacked market information.

Sudomo said JFX introduced gold trading in February with trading volume having met the JFX daily target of 300 lots, where each lot equals 1 kilogram.

To this, Dorodjatun said that in Tokyo daily gold trading volume averaged 100,000 lots in spite of Japan not being a gold-producing country.

Sudomo said that one market maker was not enough to further boost trading, citing three as the ideal number.

"However we haven`t found our third candidate," he said.

Market maker Pacific 2000 executive Sulung Poniman said around 500 investors participated in daily gold trading. Most were individual investors and none was institutional, he said.

He expected the figure to grow to 3,000 investors within the next six months.

According to Pacific 2000, Indonesia is the 11th-largest gold producer in the world, with an annual output of about 140 tons.

Pacific 2000 is a unit of PT Dewa Arjuna Putra -- the holding company of the Pacific Group, which provides investment banking and underwriting services.


Copyright © Asia Intelligence Wire



Grüße! - AsiaGold

[AsiaGold]

Title: INTERNATIONAL ANTAM RESOURCES LTD. - Year End Financial Results

Summary: Vancouver, BC, May 29, 2002 (Market News Publishing via COMTEX) -- J. Scott Drever, President, International Antam Resources Ltd. (the "Company") is pleased to announce audited financial results for the twelve month period ended December 31, 2001.




Source: Market News Publishing
Date: 05/29/2002 06:32
Price: Free
Document Size: Very Short (less than 1 page)
Document ID: FC20020529790000335
Subject(s): Mnp; Acquisition; Bullion; Contract; Exploration; Financial Results; Gold; Indonesia; Java; Market; Mining; President; Prices; Property; Restructuring; Revenue; Sales; Silver; Tax; Vancouver




--------------------------------------------------------------------------------
Money Back Guarantee If you buy an article and you are not satisfied with it, let us know and we will refund your money - no questions asked. Please press the "Money Back Guarantee" link for additional information about this policy.



--------------------------------------------------------------------------------

INTERNATIONAL ANTAM RESOURCES LTD. - Year End Financial Results

--------------------------------------------------------------------------------

Story Filed: Wednesday, May 29, 2002 6:32 AM EST

Vancouver, BC, May 29, 2002 (Market News Publishing via COMTEX) -- J. Scott Drever, President, International Antam Resources Ltd. (the "Company") is pleased to announce audited financial results for the twelve month period ended December 31, 2001.

In the twelve month period ended December 31, 2001, revenue of $4,428,153 was generated from the sale of 9,742 ounces of gold and 49,159 ounces of silver from the Company`s operations at Cikidang on the Island of Java, Indonesia as compared to revenue of $2,932,820 for the twelve month period ended December 31, 2000. The Company`s production and revenue stream were halted for nearly 5 months during 2000 while repairs were made to the custom mill where the Company processes its ore from the Cikidang mine.

Net loss, after tax, for the twelve month period ended December 31, 2001 was $2,866,835 compared to a net loss of $2,622,381 for the twelve month period ended December 31, 2000. Write-off of mineral properties accounted for $2,309,863 of the net loss during the period as compared to a write-off of mineral properties of $ 2,166,493 in the period ended December 31, 2000. The Company`s financial results were also negatively affected in the reporting period by higher contract operating costs at the Cikidang mine, lower metal prices and by employee severance payments during the fourth quarter of 2001, totaling $215,787.

The Company recorded positive cash flow from operations of $287,581 for the twelve month period ended December 31, 2001 compared to a positive cash flow of $1,142,072 for the twelve month period ended December 31, 2000. The Company`s cash position was $1,639,099 as at December 31, 2001, down slightly from $1,681,727 at December 31, 2000. Cash was used for exploration programs and development of the 400 level of the Cikidang mine.

At December 31, 2001, the Company`s working capital was $770,658 compared to $795,092 at December 31, 2000.

Working capital at December 31, 2001 included inventories of approximately 2,091 ounces of gold and 9,350 ounces of silver in the form of precipitate or refined bullion. These inventories are stated in the financial statements at cost, which is below current market value. The Company`s cash cost of production for the period was US $205 per ounce of gold equivalent produced. Amortization of property acquisition and development costs amounted to US $50 per ounce of gold equivalent for a total production cost of US $255 per ounce of gold equivalent produced. The average sales price received was US $274 per ounce of gold and US $4.33 per ounce of silver.

During 2001, PT Antam TBK served notice on the Company of its intent to terminate the Service Contract governing the mining, processing and refining of gold and silver ore from the Company`s underground mine at Cikidang, West Java, Indonesia effective December 31, 2001. This termination date has subsequently been extended until June 30, 2002. In anticipation of the possible cessation of the Company`s Indonesian operations, the Company terminated most of its Indonesian staff and reduced office space commitments in Jakarta and Vancouver.

The Company recently announced that it had entered into a major corporate restructuring agreement with its majority shareholder, PT Aneka Tambang. Details of the restructuring are set out in a press release dated May 6, 2002.

International Antam Resources Ltd. is a gold and silver producer carrying on mining and mineral exploration in Indonesia.

CONTACT: TEL: [phone] Intl. Antam Resources Ltd.
FAX: [phone] J. Scott Drever, President
Email: [e-mail]

[AsiaGold]

ANEKA TAMBANG (PERSERO) TBK (PT) 2002-06-19 ASX-SIGNAL-G


It was resolved at the AGM to pay a cash dividend in the amount of
Rp179.08 billion, or 50% of the net profit after tax of the year
ended December 31st, 2001.




The dividend, which is equal to Rp145.5
per share, shall be paid in two stages in August and November 2002.




The AGM also approved the company`s 2001 annual report and ratified
the company`s financial statements for the year ended December 31st,
2001.

The Extraordinary General Meeting of Shareholders also gave its
approval to increase the authorized capital of the company from Rp1.6
trillion divided into 3.2 billion shares to Rp3.8 billion divided
into 7.6 billion shares. This is associated with increasing Antam`s
paid in capital by 55% following the capitalization of Antam`s Rp338
billion of additional paid-in capital from the 1997 Initial Public
Offering. From this additional paid-in capital Antam will issue a
free bonus share to existing shareholders using a ratio of 100:55.
Correspondingly, the price per share will drop, however the total
value of shares held by shareholders will not be diluted. Associated
changes to Antam`s Articles of Association, or company constitution,
were also approved.

[Shunga]

.
Der Thread liest sich am Anfang wie

eine Clownerie.

Wen aber das Basismetall-Mining zusätzlich

zum Gold nicht stört, kann sich mit der Comp.

befassen.

Indonesien wirkt abschreckend, man sollte

aber auch schauen, welche Funktion die

Comp. dort hat.

Gruss
Shu

[Shunga]

Meine Depotbank schickt mir heute einen Auszug:

Aneka Tabang
hat
Interimsdividende gezahlt: circa 4% vom Kurs

Anscheinend zahlen die 8% p. a. als Bardividende.

Oder morgen kommt die Stornomitteilung.

Gruss
Shunga

[Plotin]

goldaktie mit kgv unter 3,9!

[GulOcram]

Wieviel Jahresproduktionen an Vorwärtsverkäufen haben die denn?