Ann: Investor Presentation , page-8

Why are posters allowed to come on here and lie, please refer to the facts :


Growth Potential


The Management Team at Pluton has been actively working on the pathways for growth and a return on
investment for shareholders and has put together a strategy consisting of three time Horizons; Short ,
Medium and Long Term.



Horizon 1: Short term – focuses on consolidation at Cockatoo Island - capitalising on the
extension of ore beyond the Stage 4 JORC compliant Probable Ore Reserve by drilling to convert
existing Mineral Resources into Ore Reserves leading to an immediate return on investment;



Horizon 2: Medium Term - focuses on the exploration, technical investigations, development
and commissioning work that potentially may lead to further seawall expansions to exploit the
subsea Seawall Hematite at depth;


Horizon 3: Long Term - focuses on the development requirements for Irvine Island, assessing
the iron mineralisation potential of the Collier Bay and Tasmanian tenements through
exploration, potential underground mining of the Seawall Hematite at Cockatoo Island and the
potential of the iron mineralisation contained in the Magazine Schist at Cockatoo Island