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Investor Presentation - Proactive Investors

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Iron ore and manganese development in Africa<br />

Appendix - Management Team<br />

Mark Styles<br />

Exploration Manager<br />

Justin Longley<br />

General Manager, West<br />

Africa<br />

Gus Simbanegavi<br />

General Manager, South<br />

Africa<br />

Mark is a geologist with a first class honours degree obtained from the University of Western<br />

Australia and 20 years experience in exploration and project management worldwide. His<br />

experience covers a range of precious metals, base metals and industrial minerals in<br />

Australia, Saudi Arabia, Tanzania, South Africa, Canada and Mexico, where he was country<br />

manager for ASX-listed explorer Azure Minerals Limited. In 2008, Mark established a<br />

geological consulting company specialising in property evaluation, target identification and<br />

exploration management with Cliffs Asia Pacific Iron Ore as a major client.<br />

Justin holds a an honours degree in geology from University College London, and an MBA from<br />

Imperial College London. For over 20 years he has worked throughout Africa to identify and<br />

develop mineral resources, bring mines into production, and generally realise commercial<br />

opportunities. Justin has served as senior management for Diamondworks in Angola, Oryx<br />

Natural Resources in the DRC, and Mukuba Resources in Zambia. He has also led the<br />

turnaround of poorly performing businesses on behalf of Barclays Bank in Kenya.<br />

Gus is a mining engineer who has worked his whole career in Southern Africa. He has<br />

developed gold mines in Zimbabwe and was a Mine Manager for Zimplats at their platinum<br />

operation in Zimbabwe. Most recently Gus was General Manager Operations for Aquarius<br />

Platinum and has a wealth of open pit and underground experience.<br />

22

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