Ann: Morgans PNG Investor Tour Presentation Sep18, page-3

Suiti, Thanks for your post.

Please give us the detailed numbers, I am interested in validating what you are saying.

Post streaming transaction:

I understand that HIG will be capital debt free.

This will mean HIG capital debt payments will cease, increasing cash-flow.

I believe HIG ownership and revenue from RAMU will jump up from 8.56 to 11.3% ( increase by 32%)

Nickel prices will double by 2022, please advise if you disagree.

Please give a detailed breakdown of the numbers,

We are all interested..

Thanks,,