Kobada Gold Project

Mali, West Africa

Kobada Ticks All of the Boxes

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Initial Development Capex of US$216m

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Average Gold Production of 162koz

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Low AISC of US$1,004/oz

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Average Annual Operating Cash Flow of US$158m

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Pre-tax & Post-tax NPV of US$870m & US$635m

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Pre-tax & Post-tax IRR of 72% and 58%

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Post-tax Payback of 1.5 years

Screenshot 2025-02-07 at 1.49.15 PM