Ann: Issue of Placement Shares, Cleansing Notice and Appendix 3B, page-74

yeah not expecting payments from recent shipments but perhaps from the first 4 shipments. Looking back at the previous quarterly they had shipped 1000 tonnes so roughly:

1000 x 35% x 80% x $2,750= $770,000 US

Could be more or could be less. I adjusted the grades lower to 35 percent as they said there was an issue, but cant remember now what the go was with that. I guess adjust grading and zinc price to see the difference.