Announcement?, page-43

I also find it hard to accept that KNL would post a NPV figure under their name using another party's Report they had not read and checked for obvious mistakes. In fact the Report is based upon the fact that debt funding is in place and makes no reference to any change in production costs.

Epanko Project NPV significantly increased by 55% to US$396m ($A515) based on recently received indicative debt funding terms

The previous NPV was $2.50 per share and that did not fire up the market. So even a fall back to that level will not change much. $2.50 or $3.50 who cares? The share price is languishing around 25 cents which is only 10% of the NPV.

Cheers all,