Forecast 2017E U3O8 Cost Curve Position (1) Forecast 2020E

(Business Costs, US$/lb U3O8)
(Business Costs, US$/lb U3O8)
Business Costs U3 O8 (US$/lb)
Forecast 2020E U3O8 Cost Curve Position (1)
Business Costs U3 O8 (US$/lb)
Forecast 2017E U3O8 Cost Curve Position (1)
Cigar
Lake
Quartile 1
Quartile 2
Quartile 3
Cumulative production (Mlbs)
(1)
Quartile 4
Cigar
Lake
Quartile 1
Quartile 2
Quartile 3
Quartile 4
Cumulative production (Mlbs)
CRU as of June 2016. Business costs defined as including all costs associated with mining and processing, transportation to port, insurance, freight, mineral royalties, sustaining capital and interest on working capital adjusted for any realised quality premiums or
discounts
Anglo Pacific Group PLC