current financials upon production, page-15

The whole financial basis of the pre feasibility has changed and the BFS will look very good.Gold is going up and down a bit but at current price we are worthy about $100m per year for 4.5 years based on the current resource and that does not include the possibility of doing some more open pit design to extract more gold or the possibility of finding more.Remember IGR have factored in the cost of capital in our operational costs and most dont do that.Gold mines are shutting down around the world and so we can expect the price to stay high and perhaps even higher.Somebody will want to take us over soon and I would not be surprised if Barrick have a go as we already have close ties with them.So we may not get back to the 70s but we can expect some price increase in the next months ht eproject is too good to just slip away.