dfs out, page-3

Hi Guys,

im pretty much a beginner to interpreting DFS's, I have a few queries regarding the numbers. please let me know if im on the right or wrong track:

- Total production ovr 7.3 yrs = 390,000 oz au equivalent
- Price for oz au = $1,450
- Total in ground value (no costs) = $565M over life of mine or $77M per year (based on 7.3 yrs)

Which brings me to the question, the Net operating Profit states $95M (based on $1,450 oz au).

From the above the $95M is over the life of the mine, meaning per yr it would be approx $13M/yr pre tax?!?

Is that all correct?