Ann: Sydney Mining Club Presentation, page-101

The fact that this cannot be calculated or predicted is half the reason we are still at $1.20. To calculate earnings per share we need a transparent understanding of liabilities. $77m + interest at an unspecified rate, around 30M between Nucharee and Nebari. Still spending money on exploration, drilling, blasting, processing fees due in advance. My prediction is that PE ratio will remain NEGATIVE until closer to June 2025 than 2024. That awful cap raise would have been on the back of due diligence with all this known and considered. It was bad for a reason IMO. Wait and see. Not saying it's all going to crap, but we are another year or more away from the sunshine people think is just around the corner.