Ann: Reserve growth reshapes Silver Lake's portfolio, page-8

I am interested in what you are telling me here but I cannot work out what you are really saying. If English is a second language for you then can you post in your mother tongue and I will translate? Cheers.
Speaking of margins and payback, have you worked out EGA's based on the DFS for Rothesay? They published the key figures in an announcement on 19/7/18.
Capital payback within 1.5 years of production based on establishing a processing plant at $36.1M and AISC) of A$1,083/oz. The DFS was based on the POG at A$1,700/oz. At today's POG (say $2200/oz), the payback is more like 1.2 years, Average free cash-flow was estimated at $30 million per annum over the first 4 years of production and a mine life of 6.5 years from resources at the time of the DFS. By utilising the processing plant at Deflector, SLR can improve on these figures.
Rothesay is a high grade deposit and applying the POG at $2200/oz we get free cash-flow of 27.8c per share per annum, which is amost the current price of an EGA share while SLR's offer is valued at 27.4c for SLR at 101.5c today. In other words, SLR is offering less than the expected annual cashflow at current POG. That is a very sharp deal and SLR can certainly increase their offer and still come out with an attractive investment.