JETTY PROJECT COST ESTIMATE ANDESITE MINING PROJECT COST ESTIMATE

No Description Cost Remark No Description Cost Remark

1 Project Management Team Rp 120,000,000 OPEX Exploration Phase
2 Engineering Rp 237,820,000 OPEX 1 Project Management Team Rp 120,000,000 OPEX
Civil/Coastal Rp 151,800,000 2 Permit Rp 100,000,000 OPEX
Mechanical Rp 60,720,000 4 Land Clearing Rp 2,400,000,000 OPEX
Electrical/Instrumentation (E/I) Rp 15,180,000 Heavy Equipment Rental Packages (Fuel+Operator) Rp 1,500,000,000
Telecommunication Rp 6,072,000 Temporary Camp Rp 500,000,000
Safety Rp 4,048,000 Transportation Rp 400,000,000
3 Procurement Rp 30,500,000,000 CAPEX 5 Study Rp 2,100,000,000 OPEX
Civil & Structure Materials Rp 25,000,000,000 Geological Rp 1,000,000,000
Mechanical Materials & Equipments Rp 3,000,000,000 Geoelectric Rp 600,000,000
E/I Materials & Equipments Rp 1,500,000,000 Boring Rp 500,000,000
Telecom Equipments Rp 500,000,000 Total Project Cost Rp 4,720,000,000
Safety Equipments Rp 500,000,000 Exploitation (Operation/Production) Phase
4 Construction & Instalation Rp 17,200,000,000 OPEX 1 Project Management Team Rp 300,000,000 OPEX
Civil & Structure Construction & Instalation Rp 9,800,000,000 Permit Rp 100,000,000 OPEX
Mechanical Construction & Instalation Rp 5,800,000,000 Land Condemn (84.7 Ha) Rp 38,000,000,000 CAPEX
E/I Installation Rp 900,000,000 2 Engineering Rp 7,200,000,000 OPEX
Telecom Equipments Instalation Rp 500,000,000 Civil Rp 3,100,000,000
Safety Equipments Instalation Rp 200,000,000 Mechanical Rp 2,000,000,000
5 Precomm/Commissioning Rp 950,000,000 OPEX Electrical/Instrumentation (E/I) Rp 900,000,000
Total Project Cost Rp 49,007,820,000 Telecommunication Rp 900,000,000
6 Insurance Rp 1,225,195,500 OPEX Safety Rp 300,000,000
7 Certification Rp 490,078,200 OPEX 3 Procurement Rp 33,000,000,000 CAPEX
Overall Project Cost Rp 50,723,093,700 Civil & Structure Rp 9,000,000,000
Mechanical Rp 17,000,000,000 Heavy Equipment, Genset, etc
CAPEX Rp 30,500,000,000 E/I Materials & Equipments Rp 4,000,000,000
OPEX Rp 20,223,093,700 Telecom Equipments Rp 2,000,000,000
TOTAL Rp 50,723,093,700 Safety Equipments Rp 1,000,000,000
4 Construction & Instalation Rp 13,200,000,000 OPEX
Road, Offices, Explosive Storage, Camp and etc.
Civil & Structure Construction & Instalation Rp 11,000,000,000
Mechanical Construction & Instalation Rp 1,000,000,000
JETTY AND MINING COSNTRUCTION COST ESTIMATE E/I Installation Rp 500,000,000
CAPEX Rp 101,500,000,000 Telecom Equipments Instalation Rp 400,000,000
OPEX Rp 50,198,093,700 Safety Equipments Instalation Rp 300,000,000
TOTAL Rp 151,698,093,700 5 Precomm/Commissioning Rp 1,200,000,000 OPEX
Total Project Cost Rp 93,000,000,000
6 Insurance Rp 2,325,000,000 OPEX
7 Certification Rp 930,000,000 OPEX
42% Overall Project Cost Rp 100,975,000,000

CAPEX Rp 71,000,000,000
OPEX Rp 29,975,000,000
TOTAL Rp 100,975,000,000
 Shandong Investment Pte. Ltd
Project Name Jetty Project Mining Construction Project
User PT. Rajawali Octorys Sundari PT. Rajawali Octorys Sundari
Process Internal Budgeting Internal Budgeting
Required Fund Rp50,723,093,700 Rp100,975,000,000
Project Duration 1 year 1 Year
Project Cost Rp50,723,093,700 Rp100,975,000,000
Required LC Rp50,723,093,700 Rp100,975,000,000
Investor Margin, % 60/40 60/40
Consultant Margin, % 0.5 s.d 3 0.5 s.d 3

*Required other funding scheme