Ann: EVN:Agreement to divest Mt Carlton gold mine for up to A$90M, page-46

Evolution are anticipating that their sustaining and major capital costs will drop significantly with the sale of Mount Carlton. From the EVN announcement:

• Sustaining and major capital also reduce by A$2 –A$8 million and A$10 – A$15 million respectively.

This is pretty big coin for NML on top of the sale, and will absolutely be required to build the crushers and haul road from Crush Creek to Mt Carlton and to start mining the Mount Carlton United and Telstra Hill orebodies. I reckon NML have bitten off more than they can chew here.