Ascent Resources Plc · LSE:AST
Ascent Resources — Investor Presentation (February 2021)
21 slides from Ascent Resources's investor presentation, February 2021
Slide 1: Environmental, Social & Governance (ESG) Metals Strategy
Ascent Resources Plc Environmental, Social & Governance (ESG) Metals Strategy Energy & Natural Resources across the Caribbean, Hispanic Americas & Europe
Slide 2: Disclaimer
2 Disclaimer Ascent Resources PLC Corporate The information contained in this confidential document (“Presentation”) has been prepared by Ascent Resources plc (the “Company”). It has not been fully verified and is subject to material updating, revision and further amendment. This Presentation has no
Slide 3: Company Overview
3 Company Overview Ascent Resources PLC Recently restructured vehicle, listed on Corporate Presentation AIM of London Stock Exchange (LSE:AST) Initiated exclusive Multiple special situation negotiations on a large investments under review Investing in “Special onshore oil portfolio in Cuba Focused o
Slide 4: ESG Metals
ESG Metals 4 Ascent Resources PLC Corporate Presentation
Slide 5: Strategic introduction of ESG Metals
5 Strategic introduction of ESG Metals Ascent Resources PLC Third leg to Ascent Portfolio Corporate Presentation Provides a more cost- Synergistic with Ascent’s current effective approach to portfolio and capabilities Ascent expanding mining and metals Third leg to Ascent portfolio (complementing in
Slide 6: The advent of ESG metals
6 The advent of ESG metals Ascent Resources PLC Massive change is occurring in mining & metals, driven by progressive Corporate Presentation regulatory controls and investor/ESG expectations & I NGTION N C L ANTRU P S N Mineral C O Development M IN These feedback loops are Cycle Economic E OP offeri
Slide 7: Timing - Mining & Metals recovery well established
7 Timing - Mining & Metals recovery well established Ascent Resources PLC Fitch Ratings agency forecasts a sharp recovery Corporate Presentation in the demand for mineral and metals in 2021 Miners and metal producers should see Coplete Recovery in Production & Consumption in 2021 a more favourable p
Slide 8: Commodity price charts
8 Commodity price charts Ascent Resources PLC Corporate Presentation Copper - Seven Year Highs at + $8,000 / t Zinc - Significant Chinese Demand 9K 3250 3000 8K 2750 7K 2500 2250 6K 2000 5K 1750 4K 1500 Jan 2019 Jan 2020 Jan 2021 Jan 2019 Jan 2020 Jan 2021 Gold - Historical Low Bond Yields Driving P
Slide 9: Markets are responding
9 Markets are responding Ascent Resources PLC Corporate Presentation Public Equity - AIM sector performance 2020 Private Equity Sector SP Change Traded Value Appian Capital Advisory, a mining Alternative Energy 538% £5,056m focused private equity firm, closes HealthCare Providers/Equipment/Services
Slide 10: Ascent's Investment Strategy
10 Ascent’s Investment Strategy Ascent Resources PLC Corporate Presentation Investment thesis Initial Secure low risk, low capex, geographical commodity production from focus economic rehabilitation sources Acquire through joint venture structures with incumbent mining operations to take on rehabili
Slide 11: Board and Executive Team
Board and 11 Executive Team Ascent Resources PLC Corporate Presentation
Slide 12: The Team
12 The Team James Parsons Ascent Executive Chairman Resources PLC Andrew Dennan Corporate Presentation Chief Executive Officer Spencer Davey Over 20 years’ experience in the fields of strategy, management, finance and corporate development in the energy industry. 12 years with Royal Dutch Shell Grou
Slide 13: Cuba
Cuba 13 Ascent Resources PLC Corporate Presentation
Slide 14: Energy and Natural Resources in Cuba
14 Energy and Natural Ascent Resources PLC Resources in CUBA Potential Inflection Points Corporate Presentation A “very special” situation Compatible with volitile Oil Price environment Significant near Excellent fiscal term re-rate potential, Cuba is one of and commercial including positive Cuba te
Slide 15: Cuba Market Context
15 Cuba Ascent Market Context Resources PLC Multiple mining Corporate Presentation opportunities across the New law (2014) opened battery metals space as up foreign investment well as precious metals Indigenous heavy ESG/secondary mining oil production for Protecting foreign investment Cuba has 4TH
Slide 16: Target Onshore Portfolio
16 Cuba Ascent Resources PLC Target Onshore Corporate Presentation Portfolio Oppotunity includes six separate PSCs - 3 in 9b, 1 each for the Exploration blocks Company has exclusive rights to a large onshore Cuban P RO D U C T I O N portfolio: PSC Block 9b Havana 80km2 Block 9b : Majaguillar and San
Slide 17: Slovenia
Slovenia 17 Ascent Resources PLC Corporate Presentation
Slide 18: Slovenia Petišovci Field
18 Slovenia Ascent Resources PLC Petišovci Field Corporate Presentation Petisovci is a 91 km2 concession Up to 307 bcf P10 gas INTERNATIONAL ARBITRATION with low permeability Miocene reserves (157 bcf P50) Notice of Dispute Served to Republic Number of third party litigation gas in 20 reservoir hori
Slide 19: Newsflow & Appendix
Newsflow 19 & Appendix Ascent Resources PLC Corporate Presentation
Slide 20: Ascent Resources Plc (LSE:AST) Newsflow
20 Ascent Resources Plc (LSE:AST) 2.8% Ascent Resources PLC Newsflow 2020 3.1% 3.5% 3.7% Corporate 4% Presentation Shares in issue Market Capitalisation Debt Shareholders: 99,192,272 £13.4m (13.5p) £0.39m Retail/ Other Jonathon Summers Spreadex Align Research HSBC Hargreves Lansdown PC Jamieson Prin
Slide 21: Contact
21 Ascent Resources PLC Corporate Presentation Contact: 5 New Street Square London EC4A 3TW [email protected] Energy & Natural Resources across the Caribbean, Hispanic America & Europe
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