Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-4

• Scoping Study released showing Mt York has the potential to be a technically and
financially robust gold project, generating strong returns for Kairos using a
conservative A$3,500 gold price1:
o Free Cash Flow (FCF) – $574M
o Net Present Value (NPV)5% – $410M
o Internal Rate of Return (IRR) – 35.7%
o Payback Period – 2.7 years
o All-in Sustaining Costs (AISC) - $2,205/oz


And when will they get on with it ?  More drilling ??
Cap raise ?? FMD …. Payback 2.7 years. I unfortunately have been here at least 3 times longer than that. When ……??????