Iron Bear Resources Ltd · ASX:IBR
Iron Bear Resources — Cape Lambert Resources — Investor Presentation (March 2011)
18 slides from Iron Bear Resources's investor presentation, Mar 22, 2011
Slide 1: ASX Announcement: Company Presentation
ASX Announcement 22 March 2011 Cape Lambert is an Australian Company Presentation domiciled, mineral investment company. Its current investment portfolio is geographically diverse and consists of mineral assets and interests in mining and exploration Cape Lambert Resources Limited is pleased to atta
Slide 2: Market Update March 2011
Market Update March 2011 Tony Sage Executive Chairman
Slide 3: Disclaimer
Disclaimer This presentation has been prepared by Cape Lambert Resources Limited (“Cape Lambert” or the “Company”). It is not a disclosure document and should not be considered as an offer or invitation to subscribe for, or purchase any securities in the Company or as an inducement to make an offer
Slide 4: Progressive Global Mining Company
Progressive Global Mining Company Australian mineral investment company, listed on ASX (CFE) Geographically diverse portfolio of mineral assets and interests in mining and exploration companies Cash and receivables of A$123.1 million1 at 31 December 2010, no bank debt and fully funded Post 3
Slide 5: Strong Track Record
Strong Track Record Strong track record of delivering shareholder value February 2011, on market buy-back complete, 54 million shares for A$32 million bought back July 2010, A$44 million fully franked special dividend October 2008, A$100 million capital/dividend payment October 2007, in sp
Slide 6: Business Model and Strategy
Business Model and Strategy Leverage off strong balance sheet (cash reserves) and relationships Invest in early stage resource projects and companies that are considered undervalued or distressed Assets and investments are primarily iron ore, copper, gold and uranium Add value through a “han
Slide 7: Corporate Snapshot
Corporate Snapshot Capital Structure Share Price Performance Ordinary shares (ASX: CFE) 572M Market Cap at $0.52 $297M Unlisted options 7.8M ($0.45 exp 30 Sep 2011) Cash and receivables1 $206M Enterprise value $91M Shareholding Directors 6.7% Top 20 63.1% African Minerals Limited 20.7% Average Daily
Slide 8: Strong Board and Management
Strong Board and Management Directors Key Management Tony Sage Executive Chairman Joe Ariti General Manager Over 25 years experience in corporate Metallurgist with over 25 years advisory, funds management and capital experience in the mining industry raisings. working in Australia, Indonesia, PNG an
Slide 9: Group Structure
Group Structure 8 17 March 2011
Slide 10: West African Emerging Iron Ore Business
West African Emerging Iron Ore Business 9 17 March 2011
Slide 11: Marampa Iron Ore Project
Marampa Iron Ore Project (CFE: 100%) Specular hematite, operated from 1933-1977 Maiden JORC resource of 197Mt (@28.5% Fe) representing 20% of mineralised strike Potential production start-up late 2012 Scoping study for 5Mtpa, standalone open pit mining development complete, initial capital
Slide 12: Pinnacle Group Assets (Iron Ore)
Pinnacle Group Assets (Iron Ore) (CFE: 46.11% & Manager) Iron ore in Sierra Leone & Guinea Kukuna, Sierra Leone 68km2 granted licence, with >10km of prospective formation with outcropping enriched specular hematite SRK completed geological mapping and defined five target areas; trenching and
Slide 13: Sappes Gold Project
Sappes Gold Project (CFE: 100%) Project based on developing High-grade, underground Viper resource (total Mineral Resource – 1Mt at 21.4 g/t Au) Small, open pit on St Demetrios mineralisation (total Mineral Resource – 0.8 Mt at 3.4 g/t Au) Planned production of 80koz pa over 7 years (in dore
Slide 14: African Iron Limited (Iron Ore)
African Iron Limited (Iron Ore) (CFE: 25% - ASX: AKI) Capital raising of A$96 million strongly supported by prominent international funds (represent 67% of the Company’s register) Post capital raising and settlement of Cape Lambert consideration, African Iron well funded to carry out resource de
Slide 15: Other Key Assets
Other Key Assets Asset Interest Commodity Stage Location Australis 100% Rock Phosphate Exploration Qld/NT, Australia Care & Leichhardt 100% Copper Qld, Australia Maintenance Cauldron Energy Limited 19.9% Uranium Exploration Australia/Argentina Latin Resources 16.6% Iron Ore & Gold Exploration Peru F
Slide 16: Value Proposition
Value Proposition Asset A$ Value Cash at 31 December 2010 33M Cash Receivables 90M Convertible Notes 6M Cash to be received for sale of Lady Loretta 30M Cash received from sale of DMC Mining 47M On market buy back (post 31 Dec 2010) (26M) ++802M Equities (mark-to-market) 72M Marampa (100%) 500M? Sap
Slide 17: Attributes: Competent Persons Statement
Attributes Competent Persons Statement The Metallurgical information in this presentation is based on information compiled by GV Ariti who is a Member of The Australasian Institute of Mining and Metallurgy. Mr. Ariti has sufficient experience which is relevant to the style of mineralisation and type
Slide 18: www.capelam.com.au
www.capelam.com.au Corporate Office 18 Oxford Close Leederville, Western Australia 6007 Australia Postal Address: P.O. Box 144 West Perth, Western Australia 6872 Australia Telephone +61 8 9380 9555 Facsimile +61 8 9380 9666 Email [email protected] 17 17 March 2011
Cape Lambert Resources — Investor Presentation (March 2011) on 6ix