Ann: Investor Presentation , page-2

parts i like

Kola has the highest grade of all greenfield development projects and is comparable to the highest grade producers

less than 15% of the total permit area has been explored!!

Negotiations with potential infrastructure carve out partners resuscitated


• Highly Competitive Economics Driven by High Grades, Shallow Depths and Excellent Logistics
• Lowest quartile of global potash production cost curve with cash costs (FOB Tchiboula) of US$79.1/t*
• M&I sylvinite mineral resources of 573Mt at an average grade of 20.9% K2O
• 23 year LoM at 2.0Mtpa MoP capacity, with 10% of licence area explored to date
• 475Mt of Inferred Sylvinite Mineral Resource grading 20.4% K2O not considered for the PFS
• Strategic Location with Access to Key Export Markets
• Proximity to coast provides shipping cost advantage to Brazil and Asia
• Sintoukola Project 36km to coast with access to water, low-cost electricity and natural gas