AUC Target 12c - Strategic Target 18c, page-37

• Looks like their plan now is to hopefully define and incorporate the rifle range deposit into their PFS moving forward going by the works that would predicated this.
• Additionally any resource extensions to be incorporated in PFS
• No target date for commencement of PFS, however, currently undertaking legwork prior to PFS
• Awaiting ann on recent met testwork done. Hopefully enough to develop an updated flowsheet for processing option
• Matt is confident we currently have enough for a big enough resource for 100Koz p.a operations (assuming it's enough for 7 years). That is a big uplift from the scoping study.
• Assume their program hasn't changed. Big few months ahead.
• Almost time to kick KGP into the next phase of development!