Ann: Coburn DFS Results , page-14

...be careful.....note the exchange rate used was .72USD...ask yourself how realistic that is....and the impact of using say 0.92USD on revenues.

I suspect the project npv would be negative. As it is the capex payback is 5 years, which is unacceptable for bank finance.

I used to own GUN some years ago - can't remember if it was feasibility study 1 or 2.....I give them credit for persevering, but it still seems an iffy outcome.

Best of luck to holders. I have 1 share for old times sake.

Rosco