Ann: CEO Presentation - Rodman and Renshaw New Yo, page-5

re: Ann: CEO Presentation - Rodman and Rensha... Here are some of the key points from CTO in the presentation imo:

"100,000 ozs produced = DERISKED PROJECT/low risk of realisation"

"POWERFUL technologies ... = LOW operating costs"

"Upside 'SUPER GIANT' deposit = like Peru's Pataz/Parcoy of 50M oz goldfield"

The "What is a High-grade Gold Deposit?" table had CTO ranked second at 14 g/t.

The "Whar are Low Cash Costs?" table had CTO very well ranked, and a more than $200 an ounce lower cash cost gold producer than AngloGold Ashanti.

The "Value Upside: Low Costs and Profitable" table suggested that cash costs are going to fall from $645 an ounce to $461 an ounce in year five with gold production rising from 24,000 ounces to 336,000 ounces.

The next table, that needs to be read in conjunction with the above table imo, points out that "major funding" of "A$100 million" which is "currently under consideration and negotiation" and could be "debt, equity or a combination" is the "last piece of puzzle."