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
EVG Price at posting:
4.4¢ Sentiment: Buy Disclosure: Held
