amayapampa npv anyone?, page-46

Aurumasx,

BEFORE we can discuss your outcomes I have given you errors in entry. GIGO!

1. It is 23.2MT at 1.3gpt Au (See p 4 April Report)

2. Planned throughput 80-100kt yr (see same page)

3. To achieve 90k oz year increase capex to $62 million

4. Cost per oz produced stays same

5. Royalty stays same

6. Recovery. Why did you not use my %? Almost NOBODY using Gekko is getting under %90%. Many are getting up to 97%

So, until Gekko is proven otherwise: use 90%

7, Discount rate. You have used 10%. I would suggest using somewhere between 7 & 8%. Perhaps that would reflect the risk and market better.


So...before we discuss the outcomes of your first run...give these a run through.

If others have better figures...bring them in, but you did ask and here are corrected ones.

Of course, you didn't follow my first ones fully:) eg, recovery.

Cheers