Investor Presentaiton
Budgets
Acquisition Costs
Balance due 29 July 2016 to Firestone
Balance due 29 July 2016 to Minority Partner
Subtotal
Capital Summary
tangomining
US$
US$
US$
$7,650,000
$800,000
$8,450,000
Mining and mining equipment - prestripping
$2,900,000
Processing Plant Refit (including autogenous mill)
$6,840,000
EPCM, Grid power, water delivery, storage, site infrastructure
Contingency On Capital (25%)
$1,750,000
$2,910,000
Care & Maintenance fees to 29 July 2016 and report costs
$600,000
Subtotal
$15,000,000
Working Capital including fees
$6,283,000
$6,283,000
Subtotal
TOTAL
$21,283,000
$29,733,000
Financing
1.
Completion by 29 July 2016 (or 29 August 2016)
USD$30M Secured Credit Facility Loan Disclosure Agreement announced 24.3.2016 for US$30M with
Vanderbilt Commercial Lending, Inc, California.
TGV.TSXV
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