Avenira Limited · ASX:AEV
Avenira — Minemakers — Africa Down Under 2015
14 slides from Avenira's conference presentation, September 2015
Slide 1: Africa Down Under Presentation
Africa Down Under Presentation September 2015 ASX: MAK | TSX: MAK
Slide 2: Important Information
Important Information Disclaimer This presentation is neither a prospectus nor an offer of securities for subscription or sale in any jurisdiction. This presentation is not a securities recommendation and does not constitute financial product or investment advice. The information contained in this p
Slide 3: Corporate Strategy
Corporate Strategy To become a major contributor to the world nutrient market via the development of world class rock phosphate projects 3
Slide 4: Investment Thesis
Investment Thesis Baobab Rock Phosphate Project - Senegal Potential near-term production and cash flow Low capex; low opex; simple mining techniques; existing infrastructure Significant exploration potential to expand resource First production planned for 1H 2016 Strong fit with Minemakers
Slide 5: Why Phosphate?
Why Phosphate? Phosphate is a finite natural resource essential in the manufacture of fertilisers for crops and animal growth Phosphate Global food production is forecast to double by 2050 due to population Nitrogen 23% growth and increased per capita consumption Increased farming intensity re
Slide 6: Baobab Project Highlights
Baobab Project Highlights Single exploration permit area of 1,553km2 hosting sedimentary rock phosphate mineralisation Port of Dakar Circa A$7 million spent on project to date by vendor Inferred Resource: 68 million tonnes @ 22% P2O5 (at an 18% P2O5 cut-off) Expected to be open pit, free dig
Slide 7: The Republic of Senegal
The Republic of Senegal Overview One of Africa’s most stable and successful democracies (IMF 2010) with a stable and investor friendly social and political environment Population of circa 13.5 million (2013 estimate) Substantial progress in combating poverty, improving social infrastructure an
Slide 8: Baobab Milestones: 2015-2016
Baobab Milestones: 2015-2016 Completed Resource Development Complete Mining Permit Complete Engineering Complete Shareholder Approval Complete Metallurgical Testwork Ongoing Environmental Impact Study Awaiting final approval Community Relocation Agreement Awaiting final approval Preliminar
Slide 9: Wonarah Project – Northern Territory
Wonarah Project – Northern Territory Project 100% owned by Minemakers One of Australia’s largest JORC and NI43-101 compliant phosphate resource Measured + Indicated Resource 300Mt @ 18.2% P2O5 (10% cut-off) Inferred Resource 542Mt @ 18.0% P2O5 (10% cut-off) Excellent installed infrastructu
Slide 10: Downstream Technology
Downstream Technology Improved Hard Process (IHP) • Advanced downstream process aimed at transforming low grade rock phosphate into high value superphosphoric acid (SPA) with • Technology developed by Florida based JDCPhosphate Inc. • Minemakers owns 8.0% of JDCPhosphate • Minemakers has sole licenc
Slide 11: Summary
Summary Baobab Project is Minemakers’ priority • Provides the potential for near-term rock phosphate production and cash flow • Strong fit with Minemakers strategy to build a portfolio of high quality projects in the nutrient sector • Ability to leverage significant existing Senegalese expertise a
Slide 12: Corporate Snapshot
Corporate Snapshot KEY STATISTICS STOCK EXCHANGE LISTINGS Ordinary shares on issue 247.5m Share price (as at 1 September 2015) A$0.10 Market Capitalisation A$24.7m Debt Nil ASX Code: MAK TSX Code: MAK Cash – 30th June 2015 * A$15.4m * Excluding A$1.2m due to be received from sale of South African as
Slide 13: Cliff Lawrenson – Managing Director
Cliff Lawrenson – Managing Director email: [email protected] Telephone: +61 8 9264 7000 www.minemakers.com.au 13
Slide 14: Appendix 1: Inferred Resource
Appendix 1: Inferred Resource Maiden Inferred Mineral Resource of 68 million tonnes @ 22% P2O5 at an 18% P2O5 cut-off for the Gadde Bissik prospect, part of the wider Baobab Project Inferred Resource of 25 million tonnes @ 23% P2O5 estimated within the Small Mine Permit area of 5Km 2 at Gadde Bi