Going underground??, page-27

Hi Foyt,

Nice to see someone is taking the time to follow the detail.

Another thing that could derail the timing of the  cash flow is the rehabilitation. From memory there is about $12m in a provision in the balance sheet for rehabilitation and the State Government has a charge over our assets to make sure it gets done.  I recall reading that instead of standing down the second machine they were diverting it to rehabilitation to bring that work forward for some reason. ( Paying dividends sooner rather than later may not be a priority)  I think the $12m is in Capex in the valuation but not until 2020. There are too many unknowns unfortunately.

I'm looking forward to finding out what a healthy cash surplus actually looks like.