Ann: RRS Adelaide Conference Presentation, page-2

  1. 557 Posts.
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    Trading at 1/40th of post tax net present value, will need multiple raises plus equity raising for Capex, 4 years min. from production but exploration upside plus $12,000 to $15,000 could move those NPV figures up towards 80x NPV to current MC especially in the case of moderate exploration success and expanded production in PFS/DFS. Market/investor awareness and sentiment practically non existent.

    IOCG potential at depth.

    GLTAH & IMO
 
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