http://clients.weblink.com.au/news/pdf/01796822.pdf, p8 2016...

http://clients.weblink.com.au/news/pdf/01796822.pdf, p8

2016 production 26000 ounces projected (ca. 9k Aueq confirmed in September quarter), Troy share 49%, margin $270, Troy's share US$3.44m

2017 production 51k ounces, 4.25k per month, Troy share 49% Jan/Feb, then 30%. AISC $957, margin $250.
Troy's share US$0.52m for each of Jan/Feb = US$1.04m
After that US$0.32m per month or US$3.2m until end of 2017.

In March Troy will get a deferred payment of US$1m for the sale of Casposo and additional US$1m for the sale of additional 19% interest in Casposo to Austral gold.

Payments/share of profits from Casposo until March:
US$3.44m + 1.04m + 2m = US$6.48m = A$8.59m

Remainder of 2017: US$3.2m = A$4.24m

The question is if Austral spent more than $10m in capex so that Troy would have to bear 49% of the amount over $10m.

A$12.83m or more than 20% of market cap in cash flow...