Ann: Maiden 200 Million Tonnes Resource for Nabeb, page-7

re: Ann: Maiden 200 Million Tonnes Resource f... Just comparing the announcements from April and now. Results were at top end of estimates.

Enterprise value of 35c per resource ton vs 22c per resource ton now.

This would be caused by increase in resources, and decrease in price from 15.5 to 13?

exploration target of Nebaba - 100-250 (grade 55-65) vs Inferred resource 200 (Grade 63)

$1500 Mill/pa Cash Operating margin and IRR >20% vs $1700 Mill/pa Cash Operating margin and IRR >25%

New results on the left hand side.