🕐03.02.15 - 04:27 Uhr

RESOURCE CAPITAL RESEARCH [---] - RCR RESEARCH REPORT - ANATOLIA ENERGY LIMITED:
HIGH GRADE, LOW COST ISR URANIUM DEVELOPER IN TURKEY





Fortbridge Media Release

Resource Capital Research [---] - RCR Research Report - Anatolia Energy Limited: High grade, low cost ISR uranium developer in Turkey

Resource Capital Research has released an equity research report on Anatolia Energy Limited (ASX:AEK).

Investment points:

* Temrezli Project (Turkey): the lowest cost quartile for the sector.

* Project after tax AUD 149M (LT uranium price USD60 per pound, AUD:USD 0.90).
* AEK test work suggests uranium recovery of 80 percent, good leach kinetics and low reagent consumption. Positive hydrological and metallurgical test work results released Jan 2015 expected to drive further opex reduction.

* Project momentum is building: COO appointed (Jan 2015) - former Cameco VP of US ISR operations; community relations outreach expanding with local office at Sorgun opened;
* Positive drill results at Sefaatli (4Q14)

* Blue chip share register includes specialist mining fund RMB (part of Rand Merchant Bank), Aterra Capital, Azarga Resources, Doyen, and Sprott.

* Turkey has a stable democracy and rapidly expanding GDP of nearly 4 percent pa since 1999. Transparent mining law recognizes uranium. Major mining company presence. 8 nuclear energy reactors approved (construction started Apr 2014); 12 nuclear reactors are expected online by 2030.

For a full copy of the report, please click on the link below

For further information please contact:

John Wilson
Analyst
T: +61 2 9439 1919




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