FY2019 FULL YEAR RESULTS

Key Points

• Operations - decision made to re-start Savannah in July 2018 and milling commenced in December
• Revenue - $25.1 million
• Cash flow from operating activities - $8.4 million net outflow
• Cash flow from investing activities - $63.1 million net outflow including Savannah pre-production costs ($47.5 million), Savannah plant and equipment ($25.7 million) and Group exploration and evaluation costs ($6.0 million)
• Reported net profit after tax - $9.2 million
• Net current assets - $14.7 million
• Net assets - $116.1 million