1 Table of Contents
1 Table of Contents 1
1.1 List of Tables 2
1.2 List of Figures 2
2 Project Panorama 3
3 Project Update 4
4 Outlook 5
5 Asset Summary 6
6 Development Overview 10
7 Geology 11
8 Challenges 12
9 Reserves and Production 13
10 Economic Analysis 15
11 Appendix 18
11.1 Contact Us 18
11.2 Disclaimer 18

1.1 List of Tables
Table 1: Project Details 3
Table 2: Participation Overview 6
Table 3: Key Valuation Metrics 6
Table 4: Asset Valuation Metrics 8
Table 5: Cash Flow Summary 8
Table 6: Fiscal Take Summary 9
Table 7: Production Summary 14
Table 8: Production Data 14
Table 9: Project Cash Flow 16

1.2 List of Figures
Figure 1: Annual Cash Flow 6
Figure 2: Full Cycle Expenditure And Revenue Split 7
Figure 3: Remaining Expenditure And Revenue Split 7
Figure 4: NPV Sensitivity 8
Figure 5: Percentage NPV Difference 9
Figure 6: Production 13