Gobind Sahney, Executive Chairman�of Alpha, commented:
"We are pleased to announce the appointment of Novum who will be helping drive the Company forwards as we expand globally."
�� Independent conceptual study and reports in 2014 suggested a potential post-tax IRR of 21% and post-tax NPV of approximately US$793m at a 8% discount rate
����� Total post-tax net cash flows of approximately US$3.7 billion
����� Conclusion:
o� Substantial copper-gold project in a country whose infrastructure and people are familiar with and experienced in large-scale mining
o� Project's economics are good with significant scope to increase with further work