Ann: Talisman Acquires 80% of Rahu from Newcrest, page-11

Hi, it's 20,000 cubic meters which, in concentrate form, it's 100,000tpa of concentrated potentially 100g/t material.

As we know, NTL will be using recirculated water from an isolated holding area in the mine.

We should know whether Rahu cost a lot or not by the next quarterly. My view is that they didn't spend money on the tenement acquisition or on drilling, so why would they charge NTL a large premium?

I don't think concentrator cost will be an ouch, there's plenty of off the shelf examples online. Just got to tune it up to the right specs for the ore.

Treatment will be off-site, probably toll treatment at Waihi or elsewhere. No big deal when you're shipping out concentrate.