Ann: CYM Restart Study Presentation, page-3

We’re going mining.

NPV’s are accounting numbers for finance purposes, they’re arbitrary. However making some sense of the numbers is a comparison with a good Aussie stock who late last year released its DFS was LTR.

They had an NPV(8) at $4.3Bil and are currently trading $3.4Bil And an IRR of 57% with a payback of 2.3 years. *****They used a ridiculous spot price of US$1,287 which amazed the market when their peers were using around US$850*****so their numbers (NPV and IRR) were outrageously inflated but they’re currently trading at 80% of their NPV.

Cyprium’s numbers are great and the market will decide what CYM trades at.

We’re going mining——finance won’t be an issue!