Roughly they should walk away with about 4 to 6 million depends...

Roughly they should walk away with about 4 to 6 million depends on this interest on this lone from memory they would pay 2 million in interest if they draw down the full 7 million so you can bet they will pay 2 million.

They get an extra 2 million every $100 over $1500 we are already 2 million up witch will pay the interest. leaving them around 4 to 6 million once the open pit is complete i think its a bit more.

There does seem to be few thing going on be hind closed doors with this mob that mill one just adds to it.

Once they shore up there underground reserves and prove up more gold at deeper depths which if you have done some research around there its there and grades get higher they need to drill it and prove it.

Lets just pray that sarg pumps this now as I'm shore his gotten his mates in at a good price with that cap raise and the one last July.


For everyone thats held this for 12 months you have learnt every percent of that CGT discount.