Ann: Galaxy to sell SDV northern tenements to POSCO for US$280M, page-42

Funding for SDV development thus secured
280mio plus 60mio USD cash on hand equals 340mio, add to that cash flow from Mt Cattlin will be more than enough to finish the project at SDV

	Column 1	Column 2	Column 3	Column 4
0		Before sale	POSCO	GXY
1
2	Measured	3.005
3	Indicated	2.665
4	M+I	5.67	1.58	4.09
5	Inferred	1.562
6	Total resource	7.232	2.54	4.692
7
8	Price of 1.58Mt M&I	280	mUSD
9	Price of total M&I	1005	mUSD

Well done team. With 4.692mio tonnes LCE of total resource remaining the SDV project can operate for 187 years at 25kpta extraction. But obviously using only the still 100% owned 1.14mio tonnes LCE reserve for the 40 year life calculations for DFS purposes.

Easy offtake deals from here, now that we don't need extra funds.