Ann: Acquisition of Uranium Project in Namibia & Capital Raising, page-4

Uranium . Location Location.

The EPL 6776 is located 3kms north of Bannerman Energy Ltd’s (ASX:BMN $465m market capitalisation) Etango development, and between Etango and the operating Rossing mine some 20kms to the north- east. Other projects in the district include Husab, Langer Heinrich (Paladin, ASXDN, $3.75b market capitalisation) and Tumas (Deep Yellow, ASXYL, $937m market capitalisation)

COPPER OUTLOOK: The company remains committed to extracting maximum value for shareholders on its copper portfolio of assets including the Witvlei Project which hosts a JORC 2012 Resource of 10Mt at 1.3% Cu.

All for around a 4m MC

IMO