Ann: Corporate Presentation, page-26

In presentation they have operating cashflow, then at end of the spreadsheet, "project cashflow"

Project Cash Flows A$M 778 (131) (133) 101 125

That is Total 2025, 2026, 2027, 2028

So sounds like $264 A million losses to go into production, then they start making over $100+ A million a year, and is that "free cashflow"? If so, at current mktcap very good, but where does the $264 million startup costs come from? I have been in it for about a year, but just a moderate position. Appreciate any enlightenment on how they get to the 2027 cashflow without bad dilution. Also part of the reason I am in it, is that expect in 1-2 years silver will be over $75usd, which means they will, with 53 million silver ounces, have very nearly $4 billion of silver in the ground known of. Which seems way higher than what the revenue #s for sliver and lead combined indicate, even at $30usd? Cheers