Ann: North Portia Revised Divestment Terms, page-7

On the very short term, this eliminates the immediate need for cash. However, my initial thoughts are that a revised cash flow will still mean that we will be short cash to pay back Investec loan by November. Will look at this when I have more time unless someone beats me to it.

Disappointed that NSR % dropped and commitment to pay a minimum amount by end of 2020 has disappeared. Therefore, we should get the $6M out of escrow in July - but can't expect any future payments from this deal for some time.

As for what HAV gave away by way of exploration, I will be interested in Clarke's comments once he has had time to digest.