Investor Presentation November 2012. - EMED Mining

7THE INVESTMENT PROPOSITIONMarket Capvs NPVInflection Pointswe expectimminentlyExcellentTeamSolid Platformand Pipeline ofGrowth Projects• Market cap US$225M (£144M), NPV US$400-1,000M at $3.00-3.50/lb Cu• NPV is only the base and target case of the first mine in Spain• Spanish Copper:• Permitting: project trigger permits pending: AdministrativeStanding, conditional approvals Environment and Project• Engineering: lock in for commissioning Q4-13• Financing: seek formal approval of finance with customersGoldman Sachs, Xiangguang, Red Kite and counterparties• Q4-12 Slovak Gold: permitting approval of Mining Lease Area• Shareholders, financiers, board, management and personnel• Supportive mining communities, local contractors and consultants• EMED Mining also has first-class international specialist advisers• Robust Base Case for near term start of cash flow• Potential brownfields copper mines next to main mine in Spain• Exploration potential at gold deposit discovered in Slovakia