Growth Ambitions and Development Update slide image

Growth Ambitions and Development Update

Plant and Infrastructure Mitigation of capital cost pressures Capital cost estimates updated by Como -20% increase Initiatives employed to offset and remain in-line with the PFS estimate of A$46m, include; 2nd hand equipment; suitable tailing filtration equipment assessment underway Modular Plant design; reduce time and site-based construction costs Mobile crushing plant; chosen over fixed units to achieve greater flexibility and ease of financing Option for stand-alone hybrid power station positive, up to 41% renewable power reduces overall carbon footprint and unit operating costs Tailings Filtration system including filter press (background) and thickener (foreground) that PNX is assessing for use at the Fountain Head project. The equipment would be transported and reconstructed at Fountain Head PNZ METALS 20 0
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