Investor Presentaiton slide image

Investor Presentaiton

"King of the Mills" in the Leonora district • KOTH process plant is the lowest cost mill in the Leonora district Large mill drives site-wide economies of scale 30MW hybrid gas-solar power Operating up to 5.5Mtpa rate . Future low-capital expansion potential Red 5 is evaluating optimal mill throughput expansion and options to accelerate open pit mining Potential for mill throughput to exceed current rates without any major capital expenditure Major driver to unlock value for regional consolidation Regional process plants - mill size, unit cost and distance to Leonora Processing Costs (A$/t) 60 50 40 Gwalia (GMD) 30 Mt Morgans (GMD) 20 20 10 Duketon South (RRL) Thunder Box (NST) Duketon North (RRL) King of the Hills 0 50 100 150 200 1. Red 5 ASX Release: 26 July 2023 www.red5limited.com Distance from Leonora (km) Bubble size (graph) = annualised mill throughput Sources: All comparative data sourced from public company disclosures Our CORRE Values: Courage, Ownership, Respect, Reliability, Excellence Page: 16
View entire presentation