Lion%20Selection%20Group%20Ltd%20

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Lion Selection Group Ltd a mining investment
company
Presentation by Howard Walker - March 2003
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The Team

• The Team (previous J B Were Mining team)

• Lion
• Robin Widdup
• Chris Melloy
• Howard Walker
• Kevin Robinson

• AFL
• Mike Brook

• The Board
• Robin Widdup, Ewen Tyler, John OReilly Graham
  Freestone

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Lion Selection Group Limited

• 1997 Plan
• Raised A100 million
• 12 to 15 Investments
• 5m to 10m each
• 50/50
• Australian / Overseas
• Gold / Metals
• Make Shareholders money 2 ways
• Growth projects
• Resource cycle

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Growth
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Growth
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Selection Process

• Filter
• Analyse (Visit)
• In-depth review (due diligence)
• Recommend
• Only work with people we know, like and trust.

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Lion Selection Group Limited

• ASX Code LSG
• Share Price 135
• Shares Invested 100.1 m
• Market Cap 135 m
• 2002
• Net Profit 9.5 m
• Dividend (Feb 03) 3 cps
• NTA 125 cps

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12 New Gold Mines

• Australia
• Golden Gift
• Empress
• Cracow
• Westonia

• Africa
• Tanzania
• North Mara
• Buckreef
• Kitongo
• Nyakafuru
• Botswana
• Mupane

• South East Asia
• Philippines
• Tampakan
• Rapu Rapu
• Java
• Cibaliung

Lion Equity Gold 4.5mozs (including 2.1mozs
IRN)
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Lion vs US Gold Price
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3 Examples

• East African Gold Mines
• Gallery Gold
• Lafayette Mining

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East African Gold Mines Ltd 11
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East African Gold Mines Limited

• New 210,000oz pa gold mine

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East African Gold Mines Limited
Gokona cross section 12830E
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East African Gold Mines Limited

• Nyabigena North chargeability feature showing
  location of drill traverse

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Summary

• Right time in cycle for gold
• Keys to investment
• Growth exploration
• Seek new mines discoveries
• Lion offers multiple new mines
• Portfolio approach for investors

• Tax free profits and dividends