Quarterly Activities and Cashflow Report June 2024

• US$203.7M (or A$291M) capital cost estimate including 20% contingency and 15% EPCM • Includes all infrastructure for the proposed stand-alone Lake Maitland operation, including: • entire processing facility with beneficiation plant and ability to produce both a uranium and vanadium product; and • all mining & administration related infrastructure, access roads, power plant, borefield and a rever