Slide 1: Corporate Presentation - Mining 2009 Resources Convention
=| @ = Oo ) ss ) (oF - © LL, \ > ANHA MANHATTAN CORPORATION LIMITED Corporate Presentation ~AlanJ Eggers Executive Chairman MANHATTAN CORPORATION LIMITED Mining 2009 Resources Convention Brisbane, October 2009
Slide 2: The Company, Double 8, Stallion, Value Proposition, M&A
MANHATTAN MANHATTAN CORPORATION LIMITED THE COMPANY DOUBLE 8 URANIUM DEPOSIT STALLION DISCOVERY VALUE PROPOSITION MERGERS AND ACQUISITIONS
Slide 3: Disclaimer
DISCLAIMER This presentation does not purport to provide all of the information an interested party may require in order to investigate the subject material and the issues involved nor shall it be construed as a solicitation to buy or sell securities in any listed company/ies, or to engage in or ref
Slide 4: Competent Persons Statement
col PETENT PERSONS STATEMENT Australasian Code for Reporting of Exploration results, Mineral Resources and Ore Reserves The JORC Code 2004 Edition The information in this PRESENTATION that relates to the Technical Database, reported Exploration Results and Mineral Resources is based on information c
Slide 5: Key Resource Funds Backing
IV = mee 4 Po IDS =e 12 1) > r \ Ae ES MANHATTAN CORPORATION LIMITED Key Resource Funds Backing Double 8 has 10.9Mlb Resource Additional 6.6MIlb - 15.4Mlb Potential Double 8 Resource Definition Priority Stallion Drilling 2009 For personal ts
Slide 6: Company overview and capital structure
For personal use only Business Focus Uranium Resource & Mine Development Principal Location Australia Directors Alan J Eggers Executive Chairman Robert C Wrixon Managing Director John A G Seton Director Marcello Cardaci Director Company Secretary Sam Middlemas Issued Capital 83.5m Shares 9.9m ($0.20
Slide 7: Shareholders
SHAREHOLDERS Top 20: 75.9% Eggers & Minvest Securities Olissoff Allright Arron & Bikini Trust Claymore Trustees Next 14 Shareholders
Slide 8: Current Share Price
Current CurrentShare SharePrice: Price:A$0.92 A$0.92 For personal use only
Slide 9: Current Share Price
For personal use only Current CurrentShare SharePrice: Price:A$4.77 A$4.77
Slide 10: GDP per Capita vs Electricity Consumption
= < © @ D = q qf q a i @ a. — O LL GDP per Capita Electricity Consumption (2006) “ = Vr Tc c © Vi =) e OECD Non OECD 40 © Japan e USA e UK Canada Germanv§ @ fo, aay d Argentina ~~ \~ SaudiArabia Indi ~ J S. Africa Siisain 0 Sa - | 0 zat a 6 8 10 Electricity consumption kW/capita
Slide 11: Nuclear the Answer?
UCLEAR THE ANSWER? = Ajuo osn feuOoSIOGe
Slide 12: Clean, green, safe energy
Non-carbon, non-polluting clean, green, safe and secure energy of today & the future! BF AIRE
Slide 13: Energy Released by Fissioning
Energy Released by Fissioning ENERGY EQUIVALENT ENERGY kWh COAL OIL Equivalent Equivalent 3 tonnes 13 bbl 1,400 tonnes 6,000 bbl = < © @ QD = © ‘= 9 Q i @ a. — O UL
Slide 14: Countries generating nuclear power
31 Countries generate nuclear power NUCLEAR POWER PLANTS 441 Operating Power Plants 30 Under Construction 74 Planned to Commence 180 Advanced Planning (by 2020) es «= 200 Ships and Submarines WW == 280 Research Reactors (Medical) +.
Slide 15: Nuclear Powered Future
Nuclear Powered Future 439 Operational Power Reactors e 34 Power Reactors under costruction « 290 Power Reactors proposed/planned/planning
Slide 16: Radiation Exposure
RADIATION EXPOSURE ly Radiation Exposure (Microsieverts) 0 200 400 600 800 Jet Flight at 9,000m | errestrial Gamma Radiation Natural Radon & Thoron 1 Food and Drink ~ Medical Radiation (XRays: Cosmic Rays at Sea Level” Previous Weapons Testing Nuclear Power ~ Uranium Mining Sse On =) © < © (%) x D)
Slide 17: Risk of Fatality per Million Person Years
rs 7 > F Smoking 20 cigarettes per day Motoring | 144 Accidents in the home | 110 Owning firearms 30 Drowning | 15 Fire 12 Electrocution 4 Aircraft accident nexpected reaction to medicine \4 Lightning strike | 0.1 Snake bite | 0.13 Shark attack | 0,065 NUCLEAR INDUSTRY 0.018 ) 20 40 60 80 100 120 14
Slide 18: Western World Demand Forecast
=> -y forecast l= 2 = Western World Demand : “—_ +! hit ee as I — *s /e 1970 1980 1990 2000 2010
Slide 19: New Reactor Start-ups and Supply Forecast
NEW REACTOR START-UPS Advanced Purchase Uranium Supply Forecast ¢ 7 CHINA 60-70 GW Expansion by 2020 ; 120 §.10 eS S se hh = 40 2] € | = = ! 2010 ~=——-—-2012 2018 =~=—-2020 = ema a ‘ Se sot UXC Consulting
Slide 20: Current Spot Price
For personal use only Current CurrentSpot SpotPrice: Price:US$47.75 US$47.75
Slide 21: For personal use only
For personal use only
Slide 22: Australian Uranium Update
AUSTRALIAN URANIUM Update 40% of World Resources Queensland only State with Uranium Mining Ban 8 New JORC Resources Reported since 2007 Double 8 Deposit Ranked 9 in WA Policy and Regulatory Framework in Place ~ Expanded Industry Able to Develop Quickly / z= < © @ QD = © ‘= 9 Q — @ a. — O UL ———
Slide 23: Manhattan project locations
VIANHATTAN(S PR VIE) Tanami Region 4 Ponton Eastern Goldfields F 7 > DOUBLE 8 RESOURCE ira STALLION DISCOVERY Gardner Range Sy ~
Slide 24: Mulga Rock Uranium Deposits
Mulga Rock Uranium Deposits (EMA) « Ponton Project « DOUBLE 8 DEPOSIT
Slide 25: Ponton Project
Re SS. PONTON PROJEGT “Fs 1,650km?2 Tenements Be] y noi ey I : ‘ + MULGA ROCK DEPOSITS (EMA) 54MIb U308 ~ ’ aa = es Ke + Potential fi DOUBLE 8 DEPOSIT 10.9Mlb U30s8 iR* 6.6 -15.4Mlb U308 mp* *4R Inferred Resourt Saas fs CF — = | | Ambassador MP Mineralisation {0 Sia: Set Sn \ ‘ a J @) : a QUEEN VICT
Slide 26: Double 8 Uranium Deposit
DOUBLE 8 Uranium Deposit ra < © 10.9Mlb inferred resource @ YW) =) eV Atlee FOr persenal 6 E SCHEMATIC ONLY- NOT TO SCALE All dimensions are indicative only
Slide 27: Double 8 Resource Estimates
Double 8 Resource Estimates CUTOFF GRADE TONNES GRADE TONNES POUNDS (MILLION) eU308(ppm) (MILLION) eU308(ppm) U308 (t) U308 (Mlb) 100 59 180 10,620 23.4 150 28 250 ‘eae 15.4 250 9 370 3,330 7.3 300 6 410 2,460 5.4 350 4 450 1,800 4.0 400 3 490 1,470 3.2 DOUBLE 8 ADDITIONAL MINERALISED POTENTIAL CUTO
Slide 28: Double 8 Oblique Projection
DOUBLE 8 Oblique Projection (from Hellman & Schofield) 10.9Mlb U30s ir* SJ 6.6 -15.4MIb U308 mp* : @ \nferred Resource Block* @ Mineralised Potential* | PNC RC Drill holes ®™ Granitic Basement
Slide 29: Ponton Project WA
For personal use only PONTON PROJECT WA
Slide 30: Ponton Project WA
For personal use only PONTON PROJECT WA
Slide 31: Ponton Project WA
For personal use only PONTON PROJECT WA
Slide 32: In Situ Recovery
IN SITU RECOVERY Double 8 - Schematic Elution/Precipitation Circuit Well injection Pump Solvent Extraction (SX) Columns Yellowcake Dryer = Oxygen Reagent Storage Tailings {from SX Circuit) Lined Evaporation Ponds Yellowcake to Market Palaeochannel 50-70m below surface Injection Wells = Monitor Weil
Slide 33: Ponton Project
PONTON PROJECT . B bs : : P a ic o oj ae ey81523 ® Mineralised drillhole i. \ — w6km ~a , DOUBLES = OS @ ° "| 9km/. ] Og ee Highway Channel |} Ze) = Ce Se Ponton Ck
Slide 34: Australia's Uranium Resources
AUSTRALIA'S URANIUM RESOURCES Jabiluka a Nabariely j oO oe Mount Fitch ae ' ~ Aleo's? OK eo eS ie = ye / \s@Oobagooma | Westmoreland/Redtree@ “—_/ ‘ f . @ Maur Valhalla No! Watts Et @ Ben Lomond soeteeen Valhalla Bikini ~ TERRITORY a ¢ y Bigyrli@ mee ' Manyingee @ Kintyre Nappery® Nolans Bore 5 ea W
Slide 35: For personal use only
“ KY ay = \@00bago0ma_ Westmoreland/Redtree eo ~ Valhalla North cana n tomend NORTHERN Valhalla TERRITORY (gets wel OKintyre one @ Alen QUEENSLAND \, ( WESTERN A ewe A i —_—__—_—— XN we E SOUTH AUSTRALIA \\ Nowthanna (Lake Maitland : = Yeelirrie hers Four Mile Windimurra@ ave Mount Gee : OLYMPIC DAM
Slide 36: Canada Uranium Resources
CANADA —_ Uranium Resources BASIN Cigar Lake Midwest peicwrest A ; Yallowega Lake Millenium Zone Horseshi ice Key ie Duddridge Lake
Slide 37: Namibia Uranium Resources
NAMIBIA | Uranium Resources * s a « - . ie » +% _] Operating Mine [| . Oe ne iS Ae: on ee,‘ ” @) Operating Mine —_ @ Advanced Project @ JORC Uranium Resource Advance - Project |_| JORC Resource 74m © Sn: +e >» 7
Slide 38: Uranium Deposits by Country
MANHATTAN MANHATTAN CORPORATION LIMITED URANIUM DEPOSITS Deposits U308 t U308 Mlb Av. Grade |b AUSTRALIA 48 3,337,250 7,360 0.8 AUSTRALIA* 47 20,3 I> 1,600 19 CANADA 54 840,125 1,850 3.4 NAMIBIA 1) 580,750 1,250 0.6 * Excluding Olympic Dam
Slide 39: Listed Companies Comparison Value per Ib U3O8
LISTED COMPANIES Comparison Value Per Ib U308 COUNTRY OF ATTRIBUTED RESOURCE VALWE RANKING MAIN PROJECT (UO Mlb) {USSMb Us08) 1,024.31 19.67 14.55 PALADIN ENERGY METALS ERA EXTRACT CAULDRON CURNAMONA IMPACT UEX CORP ~~ REPINNINI AURA SOUTHERN CROSS ENCOUNTER whe ih IO ww SO SILVER SPRUCE BANNERMAN M
Slide 40: Listed Companies
LISTED COMPANIES © Main Project in Australia BH Main Project in Canada BH Main Project in Namibia Companies with Operating Mines
Slide 41: For personal use only
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Slide 42: Listed Companies Comparative Value per Ib U3O8
LISTED COMPANIES Comparative Value per Ib U3Os SS gee 18 _ 4 BHP BILLITON b CAMECO 16 AREVA OFF GRAPH DEEP YELLOW@ ENERGY METALS @ PALADIN oe CAULDRON 4 EXTRACT eo CURNAMONA IMPACT _UEX CORP. @@ PEPININNI mas! AURA P 4 @ FORSYS DENISON BANNERMAN@ 100 120 140 160 180 200 400 600 ° 800 RESOURCES Mlb U
Slide 43: Summary
MANHATTAN MANHATTAN CORPORATION LIMITED SUMMARY Experienced Management Team Well Funded Key Resource Funds on Register Supportive Governments Acquisitions Targeted
Slide 44: Summary - 2010 upside
MANHATTAN MANHATTAN CORPORATION LIMITED SUIVIMMARY © 2010 upside Quality Uranium Resource Comparative Value $/Ib Double 8 Resource Definition Stallion Discovery Drilling
Slide 45: Thank You
©) @ WY =) © < © %) ss ) ©. - © UL, ANFis MANHATTAN CORPORATION LIMITED Thank You ASX: MHC www.manhattancorp.com.au info@manhattancorp.com.au