preso upside npv 1655 per share, page-6

Uranium – resource potential
• Highly prospective for “unconformity type” deposits
similar to Alligator River NT and Athabasca Canada:
• Jabiluka N.T. – 31.1Mt @ 0.53%(359 M lbs U3O8) – big
deposit, good grades
• McArthur River reserves 727Kt @ 24.28%(389 M lbs U3O8) –
small deposit, extremely high grade
• Mt Fitch resource announced in first year of
exploration:
• 18Mt (indicated and inferred) contains 14.5Mlbs U3O8
• Based on 186 drill holes at 0.05%cut-off grade
• Many other prospects for ore grade mineralization for
follow up – Kylie, RJCS, RJ East, Mt Minza
• Target 100M lb resource globally – by exploration &
acquisition