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Objectives:

Albidon's key objective is to maximise return and value for shareholders. The Company intends to achieve this by operating responsibly in the interests of all stakeholders and building a profitable mining company with continued commitment to exploration.

Strategy:

Our strategy is to continue to create value through project development, exploration, including joint venture partnerships and strategic investments.

The Company will continue to exploit its competitive advantage in nickel across Africa, without being constrained by it. We will look to take advantage of good quality investments and opportunities providing further diversification by geography and commodity. Maintaining a strong project pipeline is essential to achieving organic growth of the Company. Evaluation of opportunities will include merger and acquisition activity given our current transformation into a producer. Albidon will seek opportunities for project acquisitions or corporate mergers which will provide investment in cost competitive projects.

Growth will also be achieved through expansion of operations and exploration. We are currently looking at expansion plans for Munali, including expansion of the plant and current resources and reserves. In exploration we continue to work on programmes focused in the most promising areas of our substantial African tenement holdings.

We continue to derive strategic advantage from our proprietary geoscientific database and place priority on utilising the latest exploration technology. In addition, we continue to work with our joint venture partners and are looking for new partners which fit with our strategic growth plans.