Patersons Research Update, page-24

Hi Croc , Patterson's are the ones that need help here, looks like they started with a figure of 22c in mind then fabricate all the input figures to make that 22c including a capital raise in 2020 work by the result, Why would you do that when management are forecasting production in 1st quarter 2019 a year earlier? they have disregarded the conservative DFS figures completely , all the input figures are clearly wrong then discount a further 50% for risk in Tanzania ? WHAT IT DOES SHOW IS HOW DIRT CHEAP WKT IS.