Operating Margin Estimate, page-10

I used the 2015 JORC which was the last time the resource was updated.

Looking at the prospectus, it appears that RDM chose to round the 30.8MT resource up to 31MT but otherwise the 2015 JORC and the prospectus match perfectly. You can see in the screen shot taken from the prospectus but in the independent expert report by H&SC at annexure A that H&SC quotes the 30.8MT resource in their provided table. Unless you are confused because I have all other metals displaying silver equivalent ounces.

ANNEXURE A







MMA Prospectus