Investors & Media

INVESTORS AND MEDIA

Tentative Roadmap for Years 1-6 and beyond

Year 1 to Year 2:

Step 1: Register Management Company in the UAE, prepare work programme, hire geologists. (Done)

Step 2: Raise money for Nsour Permit of Sahara Gold only, leaving Nsour Sud Ouest & Oued El Ma in the name of BIG Consultancy (our second titleholder/company)

Step 3: Implement minimum work program/drilling and funds for other expenses.

Step 4: Analyse the results.

Step 5: Based on the results, do either: A) IPO or B) Look for bigger investor(s)/partner(s).

Value proposition: Sell a minority stake in the company and enable shareholders to derive returns from an IPO or partnership with bigger investor or operator

Timeline for Above: 1-2 years

Year 3-4:  Further exploration and Scoping Study

Year 4-5: Exploration continues, Feasibility study and search for financing of mine begins

Year 5-6: Project Financing and Pre-Construction begins

Value/Sources of returns for investors: Shares and/or partnership with a bigger investor(s)