amayapampa npv anyone?, page-51

Here's the link (below) to the first study reported 2005.


1. Anticipated cash of cost of production of $228aud oz
(Say, double that now + a bit)

2. Proven and probable ore reserve 8.2mt @ 1.5 gpt

(Double that reserve in the next study?)

3. After tax IRR of 40% at gold price $551aud

(gold price is just over double that now)

4. Startup cap estimated $37m total cost per oz estimated at $348aud oz.

(Using Gekko this figure would not need to be doubled as
Gekko Python is significantly cheaper than the system under discussion in this report.

5. This report was based on 40k oz year.

(That's a throughput of just under 1mta

Here's the link

See page 1.

http://www.asx.com.au/asx/statistics/displayAnnouncement.do?display=pdf&idsId=00540122