Ann: Financing Documentation Finalised for LLGP , page-35

re: Ann: Financing Documentation Finalised fo... Hi Loki,

NPV calc when taking into account the assumed AUD/USD at the time of the presentation makes the POG in AUD @ $1,200 to reach the NPV figure of $78M.

Thus, even though POG has increased significantly from $900 to $1,160 USD, because of the increasing AUD/USD the NPV will not have moved much at all - current POG is $1,242 AUD, only 3-4% above the modelled NPV estimate.

However, given that EVG only has a market cap of $25m and an NPV of $78m I think there is a lot of upside to come.

IMO, EVG will be bigger than just the current 6.7y LL project.

Cheers
John