Document 376686
Mailing Office Support Services Office 19 John Plagis Road Street Address: Alexandra Park The Croft PO Box BW1041 87 Main Road Harare Blue Hills 1685 Zimbabwe Postal Address P.O Box 3503 Halfway House 1685 South Africa Tel +27 (0) 87 806 3999 PRELIMINARY ECONOMIC ASSESSMENT ON LOW CAPITAL IMPLEMENTATION STATEGY RHA TUNGSTEN PROJECT OCTOBER 2014 Report Prepared by: Premier African Minerals Report Date: 27 October 2014 RHA Tungsten (Pvt) Ltd - A member of the Premier African Minerals Group Directors: P.S. Hueston (Canadian); W. Zengeza (Zimbabwean); B.A. Roach (British) In partnership with NIEEB (National Indigenization and Economic Empowerment Board) TABLE OF CONTENTS 1 INTRODUCTION ........................................................................... 1 2 ECONOM IC AS S ES S M ENT .............................................................. 2 2.1 Mineral Resources ........................................................................................2 2.2 Mining Inventory...........................................................................................2 2.3 Plant Recovery ..............................................................................................3 2.4 Product Price ................................................................................................3 2.5 Plant Capital Cost ..........................................................................................4 2.6 Tailings storage facility ..................................................................................4 2.7 Plant Operating Cost .....................................................................................4 2.8 Linear Infrastructure Capital ..........................................................................4 2.9 Support Infrastructure ..................................................................................5 2.10 Construction management ............................................................................6 2.11 Sustaining Capital ..........................................................................................6 3 F INANCIAL M ODEL ....................................................................... 6 4 CONCL US ION .............................................................................. 7 LIST OF TABLES TABLE 1 MINERAL RESOURCE ESTIMATE BY RESOURCE CATEGORY .......................................2 TABLE 2 OPEN PIT TONNAGE AND GRADE.............................................................................3 TABLE 3 PLANT OPERATING COST .........................................................................................4 TABLE 4 BULK UTILITIES CAPITAL COST .................................................................................5 TABLE 5 SUPPORT INFRASTRUCTURE CAPITAL COST .............................................................5 TABLE 6 SUPPORT INFRASTRUCTURE ADJUSTMENT..............................................................5 LIST OF APPENDICES APPENDIX 1 – Financial Model – Quarterly basis APPENDIX 2 – Financial Model – Monthly basis 1 INTRO D UCTIO N In 2013 Premier African Minerals (Prem) commissioned Extract Consultancy to complete a Preliminary Economic Assessment (PEA) of the RHA Tungsten Mine. The PEA was completed in August 20131. The mine plan presented in the PEA consisted of an open pit followed by an underground operation, with a combined life of 6 years at a Run of Mine production rate of 192,000 tonnes per year (16,000 tonnes per month). Hand sorting is expected to reduce the mill feed to 5,000 tonnes per month. Since the completion of the PEA a significant amount of work has been completed including: o An updated Mineral Resource has been declared in May 2014, based on a second drill campaign2. o Process test work completed by Peacocke and Simpson confirmed the process recovery and saleable concentrate grade. o Plant capital and operating costs have been revised based on newly developed process flow sheet. o Senet Engineering has completed trade-off studies on the provision of bulk services (water and electricity). Prem has recently commissioned Bara Consulting to update the financial model for the RHA Tungsten Project in order to demonstrate the effect on the project valuation of the additional work that has been completed since the publication of the PEA. 3 Prem has continuously assessed various implementation strategies to enhance project value and reduce start-up capital. This work has culminated in a decision to start operations with an open pit mine, constrained to 18 months production period and then progress into underground operations. The purpose of this report is to present a preliminary economic assessment of the open pit start up option in isolation to demonstrate the reduced capital requirements of this option as well as the self-funding capability once initial production has been commissioned. 1 Refer Company announcement 16 Sept 2013 2 Refer Company announcement 1 May 2014 3 Refer Company announcement 13 October 2014 Page 1 of 11 October 2014 2 ECO NO MIC ASSESSMEN T 2 .1 Mi ne ral Re sourc e s CAE Mining have completed an update of the Mineral Resources taking into account an additional 12 inclined diamond drill holes totalling 1,300.7m of drilling in the second drill campaign, which was completed on 18 December 2013. The updated resource model was used in this assessment. The summary of the Mineral Resources declared is shown in TABLE 1. TABLE 1 MINERAL RESOURCE ESTIMATE BY RESOURCE CATEGORY Measured Lode Volume Tonnes Density WO3(kg/t) Thickness 1W 1E 1FW 1FE Lode 1 total 2W 72,505 206,424 2.85 5.78 2.52 2E 2HW 39,681 113,608 2.86 7.86 1.94 2HE Lode 2 total 112,186 320,032 2.85 6.52 2.31 Total 112,186 2 .2 320,032 2.85 6.52 2.31 Indicated Volume Tonnes Density WO3(kg/t) Thickness 122,920 352,346 2.87 14.45 3.57 84,470 239,760 2.84 7.06 6.5 207,390 138,718 592,106 394,514 2.86 2.84 11.46 4.76 4.76 2.94 86,221 247,284 2.87 6.62 2.38 224,939 641,798 2.85 5.48 2.72 432,329 1,233,904 2.85 8.35 3.70 Inferred Volume Tonnes Density WO3(kg/t) Thickness 68,620 196,072 2.86 13.42 3.71 115,497 325,013 2.81 7.64 1.98 24,148 68,613 2.84 7.71 5.85 54,623 155,091 2.84 9.02 2.6 262,888 744,789 2.83 9.46 2.92 8,472 24,060 2.84 3.97 3.52 82,834 239,287 2.89 11.53 1.23 27,361 78,676 2.88 6.13 3.57 31,715 89,548 2.82 11.1 1.25 150,382 431,571 2.87 10.03 1.79 413,270 1,176,360 2.85 9.67 2.51 Mi ni ng Inve nto ry A pit optimisation was carried out by CAE Mining using the updated geological model. A pit was selected from the nested pit report that would provide 18 months of ore production at a run of mine production rate of 8,000 tons per month. The pit is significantly smaller than the optimum pit but reached a point where the incremental mining cost starts to exceed the comparable underground mining costs and hence supported the decision to constrain the pit to 18 months of production. This will allow time for underground development to progress while the pit is in operation and for a seamless change over from open pit to underground mining. A final pit design was completed and was used to determine the final inventory of run of mine ore and waste which is used in the assessment. Refer TABLE 2 below. Page 2 of 11 October 2014 TABLE 2 OPEN PIT TONNAGE AND GRADE Item Amount Ore tonnes contained in pit shell 145,276 In situ grade kg/t WO3 11.22 Mining recovery 95% Mining dilution 10% ROM tonnes (t) 151,813 Run of Mine grade (kg/t) Waste tonnes (t) Strip ratio waste:ore 10.20 1,450,900 9.55 The mining inventory was scheduled assuming start of ore production in mid April 2015 with pit preparation starting in March 2015. The exposed ore lodes does not require prestripping but a $100,000 allowance has been made for site clearing, haul roads and bench establishment in addition to $200,000 for site establishment. Initial scheduling indicated that a waste to ore strip ratio of 3:1 and 2:1 can be achieved in the first two months, based on the geometry of the ore body and surface exposure of the lodes. A reduced strip ratio of 7:1 is assumed for the next 7 months, followed by an increased strip ratio of 12.3:1 in year two. This mining inventory includes measured, indicated and inferred Mineral Resources. 2 .3 Pl ant Re c ove ry Peacocke and Simpson (P&S) have undertaken laboratory scale metallurgical testwork to determine the most appropriate process route and to define recoveries and concentrate grade. Subsequent to laboratory scale investigation testwork carried out, additional testwork has been undertaken on pilot scale upon an 800 kg sample as a proof of concept for recovery of tungsten trioxide via gravity concentration methods. The test work resulted in an overall recovery of 82.8% at a final product concentrate of 63% WO 3.4 These results were used in the financial model. 2 .4 Prod uc t Pri c e The product price used in this PEA financial model is US$288.6 per MTU WO3. This equates to US$28.86 per kg of contained WO3 in a concentrate of 65%, or US$18.75 per kg of concentrate sold. 4 Refer Company announcement 13 October 2014 Page 3 of 11 October 2014 2 .5 Pl ant C api tal C ost Since completion of the PEA, Prem has approached Appropriate Process Technology (APT) for a quotation to fabricate and commission a processing plant. APT have completed a plant design and a cost estimate and provided a firm quote for the supply and commissioning of the plant. The total cost is US$2,098,211 including erection and commissioning on site. A transport allowance of 7% is added to the quotation. 2 .6 Tai l i ngs sto rage f ac i l i ty Prem is currently investigating the use of the historic tailings facility as a start-up strategy for the first 12 months. This is believed to be a practical solution based on various site visits and a conceptual estimate by Blonton design engineers. Prem is currently seeking approval of this strategy from the Zimbabwean Environmental Agency. For the purpose of this assessment, it is assumed that Prem will obtain permission for this strategy. The original PEA estimate of US$1.1m has subsequently been reduced to US$160,000. 2 .7 Pl ant O pe rati ng Co st The operating cost is derived from P&S’s estimate, based on their plant design and their experience of operating this type of plant. The operating cost estimate is shown in TABLE 3. TABLE 3 PLANT OPERATING COST Item Direct labour Power (diesel generated) Crusher and mill consumables, spares Ore digging and transport General admin P&S TOTAL OPEX (US$/TONNE) Direct labour allocated to Mine labour Ore digging and transport allocated to Mining General admin allocated to Mine overheads TOTAL OPEX (US$/TONNE) Complete plant Opex (US$/t) treated 2.10 7.63 6.15 2.40 0.80 19.08 -2.10 -2.40 -0.80 13.78 This estimate includes an allowance of US$0.80 per tonne for general admin, US$2.40 for ore handling and $2.10 for direct labour. These cost items are accounted for in the mine labour, mining costs and mine overheads respectively and have been removed from the plant opex cost. The cost per tonne was adjusted to US$13.78/t treated. 2 .8 Li ne ar Inf rastr uc ture C api tal Senet Engineering has been commissioned by Prem to design and cost the surface infrastructure for the mine. Trade off studies were completed on various power and water Page 4 of 11 October 2014 supply alternatives. 5 For the purpose of the evaluation, water will be supplied from the Lukhosi railway siding 14km to the north west of RHA and power will be provided by a 800kVa diesel generator. The cost estimates for water and power supply is presented in TABLE 4 below. TABLE 4 BULK UTILITIES CAPITAL COST Item 2 .9 Senet (2014) US$ Bulk Water supply 399,000 Bulk Electricity supply 180,000 Suppo rt I nfr astruc t ure For the purpose of this assessment, the estimate for support infrastructure contained in the recently published updated PEA report6 was used after adjustment for the open pit mining strategy. The low capital development strategy which has been adopted, and which is supported by current construction experience on site have further contributed to the adjusted estimate presented in TABLE 5. TABLE 5 SUPPORT INFRASTRUCTURE CAPITAL COST Item US$ Updated PEA estimate – support infrastructure 4,737,220 Underground infrastructure removed -2,222,810 Low capital adjustment -1,592,076 Support Infrastructure Estimate 922,335 The adjustment to the PEA support infrastructure estimate is primarily based on a building strategy that will make use of converted containers for offices, workshops and stores and the fact that the current site preparation already includes a sewerage system and fuel storage facilities. The comparison with the updated PEA is presented in TABLE 6 below. TABLE 6 SUPPORT INFRASTRUCTURE ADJUSTMENT Item Updated PEA Revised Estimate Site Clearance, Levelling Compacting, Earthworks 100 000 60 000 Workshops 105 600 50 000 Offices 176 500 50 000 5 Refer Company announcement 13 October 2014 6 Refer Company announcement October 2014 Page 5 of 11 October 2014 Vehicle Parking Area 1 470 - Change house & Laundry 102 570 50 000 Stores Building, Yard 43 300 40 000 Explosives Magazine 32 027 10 000 Salvage Area 33 737 10 000 Storm Water and Excess Water Storage Dam 82 693 82 693 Sewage System - Reticulation and Treatment 107 640 30 000 Refuelling Bay, Fuel and Lube Storage 369 782 20 000 Fire prevention 200 944 20 000 Security 60 050 60 050 Surface Vehicles 638 772 125 000 Weighbridge 44 900 44 900 Surface Pumping 50 843 50 843 Surface Reticulation 135 000 135 000 2 381 950 838 486 238 195 83 849 2 620 145 922 335 Subtotal Freight and Import Duties (10%) Total Support infrastructure 2 .1 0 Const ruc ti on m anage me nt An allowance of $135,000 was made for construction management of the linear and support infrastructure. 2 .1 1 Sustai ni ng Capi t al Sustaining capital has been included in the model at a rate of 2% of operating cost from year 2. This is commonly used factor for estimating sustaining capital before the engineering design and detailed capital estimates have been completed. 3 F INANCIAL MO D EL A financial model was created based on the assumptions and inputs presented producing a start-up capital estimate of US$4.77m. Allowance is made for 3% Royalty and a Management fee of $180,000 per annum. Contingency of 20% is allowed on all capital except the process plant which is based on a firm quotation. A 15 day payment term is assumed. The model produces a pre-tax NPV10 of $15.8m and an annualised IRR of 286%, calculated on a quarterly basis. The results are presented on a quarterly and monthly basis. Refer Appendix 1 and 2. Page 6 of 11 October 2014 4 CO NCLUSIO N The economic assessment results highlight the potential of RHA Tungsten to develop an open pit mining and processing operation with a capital requirement of US$4.77m which includes a 20% contingency. Page 7 of 11 October 2014 APPENDIX 1 FINANCIAL MODEL – QUATERLY BASIS 1 Open pit mining Ore tonnes Grade (Wo3) kg/t) Contained (Wo3) t Strip ratio Waste tonnes Processing Tonnes Grade (Wo3) kg/t) Contained (Wo3) t Plant Recovery Concentrate produced t Contained Wo3 t Concentrate Grade % Revenue Product price $/kg (wo3) Revenue Royalty Management Fee Total Selling cost Operating Costs Mining O/P Waste Mining Ore Mining Labour Rehab Provision Processing Tailings G&A Transport Total operating Cost Total operating Cost $/mtu Total Q1 2015 151 813 10.20 1 548 10.20 - 9 10 11 12 13 14 15 Q2 2017 Q3 2017 Q4 2017 Q1 2018 Q2 2018 Q3 2018 Q4 2018 - - - - - - - - - - - - - - - - - - - - 20 000 10.20 204 4.3 85 000 24 000 10.20 245 7.000 168 000 24 000 10.20 245 7.000 168 000 24 000 10.20 245 12.288 294 914 24 000 10.20 245 12.288 294 914 24 000 10.20 245 12.288 294 914 11 813 10.20 120 12.288 145 159 151 813 10.20 1 548 82.8% 2 035 1 282 63% 0.00 82.8% 63% 20 000 10.20 204 82.8% 268 169 63% 24 000 10.20 245 82.8% 322 203 63% 24 000 10 245 82.8% 322 203 63% 24 000 10 245 82.8% 322 203 63% 24 000 10 245 82.8% 322 203 63% 24 000 10 245 82.8% 322 203 63% 11 813 10 120 82.8% 158 100 63% 82.8% 63% 82.8% 63% 82.8% 63% 82.8% 63% 82.8% 63% 82.8% 63% 82.8% 63% 82.8% 63% 28.86 37 002 903 28.86 - 28.86 3 899 840 28.86 5 849 760 28.86 5 849 760 28.86 5 849 760 28.86 5 849 760 28.86 5 849 760 28.86 3 854 261 28.86 - 28.86 - 28.86 - 28.86 - 28.86 - 28.86 - 28.86 - 28.86 - 3% 285 000 1 395 087 - 116 995 45 000 161 995 175 493 45 000 220 493 175 493 45 000 220 493 175 493 45 000 220 493 175 493 45 000 220 493 175 493 45 000 220 493 115 628 15 000 130 628 - - - - - - - - 6 529 051 683 159 1 173 165 367 500 2 091 983 151 813 855 000 295 881 12 147 552 - 382 500 90 000 185 237 275 600 20 000 135 000 38 980 1 127 316 67 756 000 108 000 185 237 330 720 24 000 135 000 46 776 1 585 732 78 756 000 108 000 185 237 330 720 24 000 135 000 46 776 1 585 732 78 1 327 112 108 000 185 237 330 720 24 000 135 000 46 776 2 156 844 106 1 327 112 108 000 185 237 330 720 24 000 135 000 46 776 2 156 844 106 1 327 112 108 000 185 237 330 720 24 000 135 000 46 776 2 156 844 106 653 216 53 159 61 746 367 500 162 783 11 813 45 000 23 023 1 378 239 138 - - - - - - - - 200 000 - - - - - - - - 27 565 5 513 233 078 2 112 316 - - - - - - - - 1 450 900 Capital Costs Open pit mining - mobilization / establishment 500 000 Underground Mining Plant 2 245 086 Tailings 160 000 Utilities 636 900 Support Infrastructure 922 335 CM Cost 135 678 Sustaining Capital 156 975 Contingency 402 378 Total Capital Cost 5 159 352 Cash Flow 18 300 913 NPV at 10% (US$ Million) IRR Q2 2015 RHA TUNGSTEN FINANCIAL MODEL - LOW CAPEX OPEN PIT STRATEGY_ OCTOBER 2014 2 3 4 5 6 7 8 Q3 2015 Q4 2015 Q1 2016 Q2 2016 Q3 2016 Q4 2016 Q1 2017 15.8 286% 300 000 2 245 086 112 000 445 830 645 634 113 065 48 000 191 070 276 700 22 613 263 306 4 124 921 -4 124 921 107 677 646 060 1 964 469 - - - - - - - 4 043 535 4 043 535 43 137 8 627 51 764 3 420 659 43 137 8 627 51 764 3 420 659 43 137 8 627 51 764 3 420 659 APPENDIX 2 FINANCIAL MODEL – MONTHLY BASIS RHA TUNGSTEN FINANCIAL MODEL - LOW CAPEX OPEN PIT STRATEGY_ OCTOBER 2014 Total Open pit mining Ore tonnes Grade (Wo3) kg/t) Contained (Wo3) t Strip ratio Waste tonnes Processing Tonnes Grade (Wo3) kg/t) Contained (Wo3) t Plant Recovery Concentrate produced t Contained Wo3 t Concentrate Grade % Revenue Product price $/kg (wo3) Revenue Royalty Management Fee Total Selling cost Operating Costs Mining O/P Waste Mining Ore Mining Labour Rehab Provision Processing Tailings G&A Transport Total operating Cost Total operating Cost $/mtu 151 813 10.20 1 548 Feb-15 Mar-15 Apr-15 May-15 Jun-15 Jul-15 Aug-15 Sep-15 Oct-15 Nov-15 Dec-15 Jan-16 Feb-16 Mar-16 Apr-16 May-16 Jun-16 Jul-16 Aug-16 Sep-16 Oct-16 8 000 10.20 82 2.125 17 000 8 000 10.20 82 7.000 56 000 8 000 10.20 82 7.000 56 000 8 000 10.20 82 7.000 56 000 8 000 10.20 82 7.000 56 000 8 000 10.20 82 7.000 56 000 8 000 10.20 82 7.000 56 000 8 000 10.20 82 7.000 56 000 8 000 10.20 82 12.288 98 305 8 000 10.20 82 12.288 98 305 8 000 10.20 82 12.288 98 305 8 000 10.20 82 12.288 98 305 8 000 10.20 82 12.288 98 305 8 000 10.20 82 12.288 98 305 8 000 10.20 82 12.288 98 305 8 000 10.20 82 12.288 98 305 8 000 10.20 82 12.288 98 305 11 813 10.20 120 12.288 145 159 Nov-16 Dec-16 - - 10.20 - 10.20 - 10.20 - - - - 4 000 10.20 41 3.000 12 000 151 813 10.20 1 548 82.8% 2 035 1 282 63% 0.00 82.8% 63% 0.00 82.8% 63% 0.00 82.8% 63% 4 000 10.20 41 82.8% 54 34 63% 8 000 10.20 82 82.8% 107 68 63% 8 000 10.20 82 82.8% 107 68 63% 8 000 10.20 82 82.8% 107 68 63% 8 000 10.20 82 82.8% 107 68 63% 8 000 10.20 82 82.8% 107 68 63% 8 000 10.20 82 82.8% 107 68 63% 8 000 10.20 82 82.8% 107 68 63% 8 000 10.20 82 82.8% 107 68 63% 8 000 10.20 82 82.8% 107 68 63% 8 000 10.20 82 82.8% 107 68 63% 8 000 10.20 82 82.8% 107 68 63% 8 000 10.20 82 82.8% 107 68 63% 8 000 10.20 82 82.8% 107 68 63% 8 000 10.20 82 82.8% 107 68 63% 8 000 10.20 82 82.8% 107 68 63% 8 000 10.20 82 82.8% 107 68 63% 8 000 10.20 82 82.8% 107 68 63% 11 813 10.20 120 82.8% 158 100 63% 28.86 37 002 903 28.86 - 28.86 - 28.86 - 28.86 487 480 28.86 1 462 440 28.86 1 949 920 28.86 1 949 920 28.86 1 949 920 28.86 1 949 920 28.86 1 949 920 28.86 1 949 920 28.86 1 949 920 28.86 1 949 920 28.86 1 949 920 28.86 1 949 920 28.86 1 949 920 28.86 1 949 920 28.86 1 949 920 28.86 1 949 920 28.86 1 949 920 28.86 1 949 920 28.86 2 414 610 28.86 1 439 650 3% 285 000 1 395 087 - - - 14 624 15 000 29 624 43 873 15 000 58 873 58 498 15 000 73 498 58 498 15 000 73 498 58 498 15 000 73 498 58 498 15 000 73 498 58 498 15 000 73 498 58 498 15 000 73 498 58 498 15 000 73 498 58 498 15 000 73 498 58 498 15 000 73 498 58 498 15 000 73 498 58 498 15 000 73 498 58 498 15 000 73 498 58 498 15 000 73 498 58 498 15 000 73 498 58 498 15 000 73 498 58 498 15 000 73 498 72 438 15 000 87 438 43 190 43 190 6 529 051 683 159 1 173 165 367 500 2 091 983 151 813 855 000 295 881 12 147 552 - - - 54 000 18 000 61 746 55 120 4 000 45 000 7 796 245 661 73 76 500 36 000 61 746 110 240 8 000 45 000 15 592 353 077 52 252 000 36 000 61 746 110 240 8 000 45 000 15 592 528 577 78 252 000 36 000 61 746 110 240 8 000 45 000 15 592 528 577 78 252 000 36 000 61 746 110 240 8 000 45 000 15 592 528 577 78 252 000 36 000 61 746 110 240 8 000 45 000 15 592 528 577 78 252 000 36 000 61 746 110 240 8 000 45 000 15 592 528 577 78 252 000 36 000 61 746 110 240 8 000 45 000 15 592 528 577 78 252 000 36 000 61 746 110 240 8 000 45 000 15 592 528 577 78 442 371 36 000 61 746 110 240 8 000 45 000 15 592 718 948 106 442 371 36 000 61 746 110 240 8 000 45 000 15 592 718 948 106 442 371 36 000 61 746 110 240 8 000 45 000 15 592 718 948 106 442 371 36 000 61 746 110 240 8 000 45 000 15 592 718 948 106 442 371 36 000 61 746 442 371 36 000 61 746 442 371 36 000 61 746 442 371 36 000 61 746 442 371 36 000 61 746 653 216 53 159 61 746 110 240 8 000 45 000 15 592 718 948 106 110 240 8 000 45 000 15 592 718 948 106 110 240 8 000 45 000 15 592 718 948 106 110 240 8 000 45 000 15 592 718 948 106 110 240 8 000 45 000 15 592 718 948 106 162 783 11 813 45 000 23 023 1 010 739 101 183 750 - 183 750 - 183 750 183 750 100 000 100 000 3 675 735 104 410 1 108 301 3 675 735 104 410 -288 160 1 450 900 Capital Costs Open pit mining - mobilization / establishment 500 000 Underground Mining Plant 2 245 086 Tailings 160 000 Utilities 636 900 Support Infrastructure 922 335 CM Cost 135 678 Sustaining Capital 156 975 Contingency 402 378 Total Capital Cost 5 159 352 Cash Flow 18 300 913 NPV at 10% (US$ Million) IRR Jan-15 16.0 224% 1 571 560 37 333 148 610 215 211 22 613 84 754 2 080 081 -2 080 081 37 333 148 610 215 211 45 226 300 000 673 526 37 333 148 610 215 211 45 226 48 000 191 070 276 700 22 613 89 276 535 657 -535 657 89 276 1 509 183 -1 509 183 107 677 646 060 -433 866 - - - - - - - - - - - - - - - - - - - - - - 1 050 490 1 347 845 1 347 845 1 347 845 1 347 845 1 347 845 1 347 845 1 347 845 14 379 2 876 17 255 1 140 220 14 379 2 876 17 255 1 140 220 14 379 2 876 17 255 1 140 220 14 379 2 876 17 255 1 140 220 14 379 2 876 17 255 1 140 220 14 379 2 876 17 255 1 140 220 14 379 2 876 17 255 1 140 220 14 379 2 876 17 255 1 140 220 14 379 2 876 17 255 1 140 220 20 215 4 043 24 258 1 292 175
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