Ann: WWI Secures Finance Facility via Equity Placement Agreement, page-95

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West Wits Mining



What recent news would you like to highlight to investors attending?
9 March 2022 – Sustainable Profitability for WBP Development Confirmed Through
Financial Analysis (4-Stage Scoping Study)

2 September 2021 – DFS Delivers Strong Results on 1st Stage of WBP Development

21 February 2022 – First Ore Produced at Witwatersrand Basin Project, South Africa

10 December 2021 – Up to $10M Farm-In & JV Agreement with RIO TINTO for Mt Cecelia Project, Western Australia

8 October 2021 – West Wits Appoints Africa Focused Debt Advisor

20 September 2021 – West Wits Reviews Exploration Prospects for Uranium at Witwatersrand Basin Project, South Africa
What are your key goals for the next 3, 6 and 12 months?
3 Months:

Secure debt funding for full-scale underground mine development in South Africa

6 Months:

Increase development & production rates at the Witwatersrand Basin Project



12 Months:
Exploration – convert uranium Exploration Target to JORC Resource (South Africa) and complete maiden drilling by RIO at JV Mt Cecelia Project (Australia)

What do you see as the key risks and challenges facing your company at the moment and how are you overcoming these?
1) Obtaining optimal funding options to project finance, the Company appointed highly experienced African focused debt advisors, Taurum International, to coordinate the Company’s funding process.
2) Project execution of mine development, the Company has made multiple appointments of high caliber personnel in key roles to support the growth of Company and oversee project execution.
What do you think makes your company such a compelling investment?
Significant JORC Resource 4.28Moz with further upside and compelling financials over a 27-year Life of Mine with AISC US$1,200.
Revenue opportunity of USD 2.6 billion
WBP has potential growth to over 80 000 ounces per annum
Opportunity to convert significant Uranium Exploration Target of 12-16mlbs6 into resource at WBP
WBP Blue Sky Project 200 Maximum Stress Initiative: aimed to produce 200 000t per month
What are the top 3 key investor takeaways?
Project has significant resource 4.28Moz with upside.
Has been de-risked by feasibility study, entering development and opportune time to enter at low market capitalisation compared to peers.
RIO Tinto progressing 1st stage of Mt Cecelia farm-in with maiden drilling program scheduled for second half of 2022

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