Ann: Core Definitive Feasibility Study Presentation, page-19

On the road travelling the next few days so I only have my phone.Grrr...
-Seems they have only included Grants and part of BP33 in this? That is dissapointing. Glad they are going to update it this year.
-Project economics looks good. 80% IRR and $150m FCF (pre tax) over 3.5y. So as we add reserves this will easily keep going for at least 10 years. They way we are adding, a long LOM of the whole project is there. This justifies the investment in the DMS plant.
-Supplementary EIS has been submitted!? Thats good!
-AAPA granted! This is very important.
-Still sounding confident on financing. Notably not with Ruifu by the sound of it.
-Market did not like it? Am I missing something because if you keep adding reserves to this it will end up with over $400m NPV and counting. Short sighted I think.

I need to have a good read over Easter.