Sierra Rutile Investor Presentation

Relative cash/asset backing of SRX and selected peers Sierra Rutile trades below Net Cash + Working Capital per share, and well below Net Assets 50 Sierra Rutile 40 40 30 30 20 20 Cents per share 10 -10 27 22 16 -20 Strandline Resources Base Resources HY 31Dec22 HY 31Dec22 44 19 46 46 5.3 Sovereign Metals HY 31Dec22 Image Resources 31Dec22 FY Sheffield Resources HY 31Dec22 Mineral Commodities FY 31Dec22 Share Price (cents) I Net Cash Working Capital Net Assets Note: Working Capital = trade & other receivables + inventories - trade & other payables Share Price as of 28 June 2023 Sierra Rutile Investor Presentation | ASX: SRX О 24 Sierra Rutile FY 31 Dec22 25

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