Ann: Continuing Delays to Financing LLGTP - DR , page-6

re: Ann: Continuing Delays to Financing LLGTP... As an aside,

The previous LL NPV was based on AUD $1200 per oz.

Currently gold is at $1376 oz.

Whilst uncertainty remains and gold will fluctuate over time it is interesting to note that in absolute terms (ie not DCF or anything) the project is now $79,200,000 better than when the previous NPV inputs were announced, ie:

450,000 oz x ($1376 - $1200) = $79,200,000

Now, the Dom Government will take some in royalties and tax but a large chunk will accrue to EVG !!

Cheers
John