Risk on, page-33

Hi VYR, my question is genuine and naive but what about the principal?

Period 3 years
Principal: $26m
Interest: $9.360m
Total: $35.360m
Yearly payments: $11.787m.

Below is worst case scenario which I think the lender will consider.

The table is the one you did last year; I can't remember when exactly. I only increased cost by 5%.

	Ore processed	t	1,100,000
1
2	Cu grade	%	1.10%
3	Cu Contained	t	12,100
4	Cu recovered	0.93	11,253
5	Cu revenue	$11,500	$129,409,500
6
7	Au grade	g/t	0.17
8	Au contained	g	187,000
9	Au contained oz	31.1035	6,012
10	Au recovered	0.55	3,307
11	Au Revenue	$2,500	$8,266,755
12
13	Total Revenue		$137,676,255
14	Total Expenses		$120,155,051
15	Free cash flow		$17,521,204