Investor Presentaiton
Clearly Defined Strategy to Advance Kobada
Key deliverables that derisk the project towards shovel-ready status
Leveraging ~A$110m in previous investment in exploration and studies to
minimise dilution ahead of a Final Investment Decision
2H 2023 - Deliverables
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Appoint DFS Update Study Engineer
• Commence mining studies to inform
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DFS Update
Finalise DFS Update parameters and
target production rate
• Resource definition RC drilling to
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convert Inferred to Indicated
Regional follow up AC drilling on walk-
up targets
Progressing community engagement
initiatives
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.
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2024 - Deliverables
DFS Update & ORE complete 1Q24
Finalise Convention Agreement
Develop funding plan
• In-country stakeholder consultation on
DFS Update
Begin FEED phase and early site works
• Drill-out high priority exploration targets
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1H 2025 - Decision
Final Investment Decision (FID)
Commence development
TOUBANI
RESOURCES
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