Ann: Resources Rising Stars Conference Presentati, page-2

re: Ann: Resources Rising Stars Conference Pr... Great presentation.

The resource JORC resource figure is going to be upgraded by years end. I believe with will be huge, particularly given that it will include an additional 30,000 metres of drilling.

I like the comparative analysis between MGO and its peers for the in situ value of cu pounds.

As indicated in the presentation, based on current reources, MGO has the fifth highest cu resource in pounds, but is valued at 23rd on EV per pound.

Plenty of upside IMO.