Ann: Indicative Debt Funding Proposals Received For Rothsay, page-26

Thanx for your replies Davisite & Wombat,

Makes sense that the DFS is supposed to be within 15% of the real ASIC and is done by independent consultants.  I had previously thought perhaps company Directors put out their own guesstimates so did not know if the figures could be relied upon in the slightest.  With narrow vein mining I wonder if there is any studies on the actual differences that were found between what was forecast and what the actual aisc turned out to be in practice.  I guess it must be very challenging to estimate with accuracy in advance.

Months ago I did attend a seminar where EGA made a presentation.  From memory I think Marc advised they tried one sorter initially but the performance was not impressive in some respects and then tried another which they were happier with.  Though I don't recall which was which. 

With the markets being shaky lately could this have a bearing on ega ability to secure finance?