Ann: $6m Funding Agreement For The Sale of Kanmantoo Royalty, page-59

HI Allee,

There have been quite a few changes to the assumptions that drive the spread sheet.

I have a sheet that tracks progressively what happens when new events occur which might interest you.

The cost increases that are tracked in it are no more than a calculated guess as is the annual throughput increase associated with Spitfire.

This sheet serves only as a guide to what effect movements in various inputs have.

It does seem to indicate however that holding shares could be a good idea in spite of the uncertainty and speed bumps that have held Lachlan up.