RTG Mining (RTG) Investor presentation summary

Corporate overview and financial position

• Holds premier copper and gold assets with a market cap of A$77M and no debt, supported by major institutional investors.

• Cash and cash equivalents of A$10M as of March quarter, with a share price of A$0.040.

• Board and management have developed seven mines in five countries, with a strong track record in emerging markets.

Mabilo project highlights

• High-grade copper-gold open pit project in the Philippines with a CuEq resource of 595kt at 4.68% and reserve of 400kt at 5.13%.

• Fully permitted with mining and environmental clearances, and a supportive local JV partner.

• Stage 1 DSO operation is fully financed, with binding offtake for 100% of products with Glencore.

• Stage 1 net cashflow forecast at US$198M after tax, with capex under US$25M.

• Stage 2 plans a 1.35mtpa plant producing 65,000t 27% Cu and 21g/t Au concentrate annually.

Project economics and sensitivity

• Project NPV5 exceeds US$1B at current commodity prices, with RTG's share at US$508M.

• Highly leveraged to copper and gold price increases; a 20% price rise boosts NPV5 to US$1.4B.

• Average annual net operating cashflow for Stage 2 is US$245M after tax.

• Stage 1 delivers 81% of net cashflow from high-grade supergene chalcocite ore.