Ann: Higher Gold Grade and High Gravity Recovery -3rd Campaign, page-21

My best estimate / interpretation of recent annoucements to ASX Qtr Report etc
Total earnings to date 7837 oz @ $1692/ounce= $13,260,204
Milled post Qtr 25,000 T/ore @5.01g/t= 125,250g/4,418.1 ounces =$7,475,364
Total Earnings to end of March 2018 =$13,260,204+7,475,364=$20,735,568
End of Jan 2018
Bluecap Inv's $8,400,000 + $600,000 = $9,000,000
PFJV Payments $5,100,000+$600,000=$5,700,000
Hence net debt $3,300,000 to BlueCap.
PFJV Cash in bank $722,000 prior to payment of the $600,000


PFJV Esti Cash Flows Jan Feb Mar total see DecQtr Report pg $2,875,000
Estimated Balance at end of March $7,475,364 - 3,300,000-2,875,000=$1,300,364 in the BLACK ignoring Burbanks retention ($1M?) which will be a bonus.