Thank you. I only got around to start going through your spreadsheet last night after noting the amendments to be made. i got as far as the 7% WA royalty payment and then was stuck. After using Google to see how this is calculated all I could find was reference to 7.5% of revenue minus some allowable deductions but I couldn't make your calculation work no matter how I did the numbers. Did you get the royalty payments from the DFS or was it calculated? I haven't gone to the DFS yet, that was on my to do list tonight. I have downloaded your last spreadsheet and hoped to see your calculations there but they were not.
I have found your spreadsheets very helpful as it has forced me to understand the project numbers in much greater detail and I have learnt a great deal, so thank you again.
G
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