Simple Maths Missed, page-16

I am hoping we will see progress towards the financing side before the Sept 18 quarterly.

For what it is worth I worked out the DFS NPV at a gold price of A$1650 with a discount rate 0f 8% and it is near $62 million with an IRR of 45%. This is a little higher than the PFS value of $58 million. Of course none of this matters too much to anyone other than a bank since Rothsay will produce way more than 250k oz over its lifetime.