Globe Metals & Mining Limited · ASX:GBE

Globe Metals & Mining — Globe Uranium — Investor Presentation (August 2006)

20 slides from Globe Metals & Mining's investor presentation, Aug 23, 2006

  1. Slide 1: (hy ae

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  2. Slide 2: Why Globe Uranium?

    Gl @be Uranium Why Globe Uranium? te Tight Capital Structure $4.1M Cash Quality Assets Superior Technical Team Gl@be Uranium Umied Aggressive Strategy Proven Management Exciting Commodity Upcoming Announcements Diversified Modest Valuation Assets versus Peers www.globeuranium.com.au

  3. Slide 3: Corporate Overview

    Gi@be Uranium C * Limited. orporate Overview se Snapshot Director Interests/Register ASX Codes: GBE, GBEO Mark Sumich: 10.4% shares/11.7% opt Shares (GBE): 40.3M (17.6M escrowed) David Sumich: 2.0%/2.3% Options (GBEO): —_17.8M (20c; Oct 07) Peter van der Borgh: 0.25%/0.28% Director Options: 2M (30c;

  4. Slide 4: Peer Comparison

    be Uranium Lied Peer Comparison Globe is attractively capitalised in comparison to other ASX- listed uranium exploration companies yet to establish a JORC-compliant resource. AU$m 57 $405 $55 $04 $54 $5 $28 $225 son2 $B6 $0) $65 $67 $B4 $04 $54 Uranex Bannerman 808 Uranium Encounter Globe Cumamona M

  5. Slide 5: Proven Management

    Glebe Uranium ' Liited Proven Management David Sumich — Executive Chairman: BBus(Hons); HKFSC © Currently Head of Corporate Finance with Perth resource stockbrokers, C.K. Locke & Partners © 10+ years investment banking & corporate finance experience including experience with Merrill Lynch and HSBC a

  6. Slide 6: Success to Date

    Glebe Uranium a LB Success to Date Board’s performance since Globe Uranium’s IPO in December 2005: © Technical team - assembled a technical team with over 100 years of combined exploration experience and 25 years combined uranium exploration experience a Assets - assembled a portfolio of quality ura

  7. Slide 7: Announcement Strategy

    Glebe Uranium a LB Announcement Strategy mg Argentina and Malawi projects will provide an ongoing stream of announcements to the market: w Argentina - results from current field trip (radiometric traversing, geological mapping and rock chip samples) to be released September 2006 « Argentina - soil s

  8. Slide 8: Technical Team

    Glebe Uranium ' Liited Technical Team Globe Uranium has assembled a highly experienced team of geologists: m > 100 years combined exploration expertise m 25 years of combined uranium exploration expertise Peter van der Borgh — Technical Director: BSc(Hons); FGS Dr. Julian Stephens — Exploration Mana

  9. Slide 9: Technical Team

    Glebe Uranium a LB Technical Team lan Cowden — Principal Consulting Geologist: BSc; FAusiMM; CPGeo; MAIG co Over 30 years international and Australian experience in the exploration and minin industry, including more than 5 years targeting uranium og Experience working in Africa, the Middle East, Eur

  10. Slide 10: Uranium Commodity Price

    Glebe Uranium ' Liited Uranium Commodity Price m Price —long term supply/demand imbalance for uranium: « Currently US$47.25/lb « US$7.00/lb in 2000 — 575% increase to date “Personally, we think that prices will go above $100/Ib, possibly, by a fot” (The Dines Letter, 11 August 2006 — the “Original U

  11. Slide 11: Strategy

    Glebe Uranium ' Liited Strategy “To become a leading producer of uranium through global exploration and acquisition of advanced-stage uranium projects” © Multi-project and multi-jurisdictional: w® Reduces/spreads political and project risk « Increases probability of exploration success (especially i

  12. Slide 12: Assets - Malawi

    Assets - Malawi te Globe Uranium has two projects in Malawi: «i Livingstonia in the north covering 330 sqkm « Simelemba in central Malawi covering 598 sqkm Malawi's status as an emerging uranium region is shown by Paladin’s progress with its Kayelekera BFS, due for completion in August 2006. Constru

  13. Slide 13: Assets - Malawi: Livingstonia Project

    Assets - Malawi Livingstonia Project pts Livingstonia Project (BE easement conpiex owe Fall GR Racioretic Ancmay a! m Covers similar Karroo sandstone geology to Paladin’s Kayelekera deposit, 90 km away (15,670 tonnes of U:Os) m Values to 0.73% UsOs recorded in the EPL, despite little exploration to

  14. Slide 14: Assets - Malawi: Livingstonia Project

    Assets - Malawi LIVINGSTONIA AIRBORNE RADIOMETRICS » U/Th RATIO Livingstonia Project Exploration of three major radiometric anomalies currently underway — results due in September 2006 Two significant airborne radiometric anomalies identified by a UN sponsored country-wide survey in the 1980s Furthe

  15. Slide 15: Assets - Malawi: Simelemba Project

    Assets - Malawi Glebe Uranium a LB Simelemba Project SIMELEMBA AIRBORNE DIOMETRICS - U/Th RA’ heim www.globeuranium.com.au i ti Exploration of one major radiometric anomaly (3.5km in length and 1km in width) underway The anomaly is associated with a low ridge formed by a nepheline syenite intrusive

  16. Slide 16: co Lihited

    co Lihited a a DD) in Sn ANN es ee o Re Ne 2 r j A Le itt i ‘ 2 i f Li Ca elie / es mes ut / l We We 5 a Hae i HS ie www.globeuranium.com.au 16

  17. Slide 17: Assets - Argentina

    Lenited Assets - Argentina 3 projects that target sandstone- hosted uranium in the Salta Province, considered to potentially host a further 29,000t U (CNEA) The permits are along strike from known uranium deposits, including the Don Otto uranium mine, ~25 km from Globe's closest permits Exploration

  18. Slide 18: Assets - Argentina

    @be Uranium Limited. Assets - Argentina 2 Outcropping Yacoraite sandstones (yellow bands), Cerro Tin Tin Project www.globeuranium.com.au

  19. Slide 19: Disclosure & Consent

    Glebe Uranium a LB Disclosure & Consent Disclosure The views expressed in this presentation contain information derived from publicly available sources that have not been independently verified. No representation or warranty is made as to the accuracy, completeness or reliability of the information.

  20. Slide 20: Contact Details

    Contact Details For more information, please contact: Mark Sumich - Managing Director T: +61 8 9486 1779 www.globeuranium.com.au 20

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