Ann: EVG in advanced negotiations with Major Lati, page-10

re: Ann: EVG in advanced negotiations with Ma... Hi guys,

Great points from all.

I think, Plough, you may be a little conservative - especially on the margins given that LL has oeprating cash cost projections of around 330oz - thus double your annual profit keeping all your other assumptions unchanged.

I did an NPV for LL previously which valued it at around $76m USD.

My thoughts re the options is that we are basically being given them and there may be many shareholders that will cash in on the short term stag profits.

E.g. at .1c issue price will there be some who opt for a 10-bagger gain and sell straight away for 1c ??

I am hoping so :)

Cheers
john