Paradox Lithium Project Update

For personal use only CAPITAL COST ESTIMATE • The capital cost estimate includes direct, indirect costs, freight, professional services, taxes and contingency. The DLE plant will be supplied and commissioned by Sunresin, Anson's technology partner. Worley group have estimated the capital costs for all above ground facilities. Capital cost estimate accurate to within +25%/-15%. The new production site and updated project layout has resulted in significant capex savings over PEA by reducing pipeline required from ~40kms to ~5km. 1 - ASX Announcement 25 August 2022. ANSON RESOURCES Capital Item US$m Direct Capital Costs 275.2 Indirect Capital Costs 126.0 Other Costs 17.8 Production and Disposal Wells 22.0 Project Capex 441.0 Owners Costs 31.3 Contingency 22.8 Total Capital Costs 495.1 Anson Resources | ASX: ASN 20 20

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