Investor Presentaiton

7 PEER COMPARISON ASX LISTED STOCKS Initial C1 Company Capex Mining Resource Grade Permit mlb PPM (AUD$) Mining Market Туре Costs Comments Cap US$/lb Toro Energy Bulk 315m 75.3 485 $124m 33 (ASX:TOE) surface $29.5m invested by Sentient Vimey (Energy & Minerals) 378m X 65.6 520 Surface $68m 23 RCF provided $30m funding (ASX:VMY) Peninsula 51.2 46m Resources (Lance 476 ISL $158m 43 (stage 1) (ASX:PEN) Deposit) Recent raising $69m RCF, Pala, Blackrock, JP Morgan Berkeley Resources 169m 90.5 495 Hard rock Open pit $86m 15.60 In feasibility studies (ASX:BKY) Boss Resources Constructed 27.6 820 ISL $36m (ASX:BOE) Target <25

View entire presentation