P osi t i oned For V al ue C r eat i on P o lit ically f r ie n d l y ju r isd ict io n Hig h q u alit y asset b ase O r ga ni c y e a r ov e r y e a r pr oduc ti on gr ow th Low e r e nd of i ndus tr y c os t c ur v e Long mi ne l i fe S t r o n g b alan ce sh eet Cap it al r et u r n s t o sh ar eh o ld er s 3