Ann: Issue of Performance Rights and Unlisted Options, page-60

''It seems that if 400 to 500 ounces a month is the operating break even level for OGX, then the real issue is the Cartesian royalty payments, as it won't take long to get to 500 ounces a month''

IMO

400-500 ounces a month will equate to $500-$700k per month in gold sales before ASIC and all other financial liabilities and commitments- operating expenses etc....

How is this even close to breakeven for OGX ??

Never amazes me what I read on HC which receives countless applauds and likes

For Cartesian payments refer to annual report

DYOR