New Age Exploration Limited · ASX:NAE
New Age Exploration — Investor Presentation (January 2012)
17 slides from New Age Exploration's investor presentation, Jan 30, 2012
Slide 1: New Age Exploration: Emerging Colombian Coal Producer
For personal use only New Age Exploration ‘Emerging Colombian Coal Producer Producer’ Investor Road Show 30 January 2012
Slide 2: Important Notices and Forward Looking Statements
IMPORTANT NOTICES AND FORWARD LOOKING STATEMENTS This presentation is for limited circulation to selected recipients. It is provided on a strictly private and confidential basis to be used solely by the recipient and their professional advisors. It must not be made available to, or discussed with, a
Slide 3: Investment Highlights
INVESTMENT HIGHLIGHTS • Terranova Stage One: Advancing towards coking coal production in 2013 For personal use only – Scoping study completed – 3.6Mt JORC Inferred Resource defined – BFS & permitting scheduled to be completed by July 2012 – Limited mine life (approx. 2 years) / 400ktpa saleable hard
Slide 4: Corporate Profile
CORPORATE PROFILE Corporate Snapshot Share Price Performance For personal use only 14.0 $0.18 ASX Code NAE $0.16 12.0 NAE share price (as at 24 Jan 2012) A$0 10 A$0.10 $0 14 $0.14 10.0 Share price (A$/share) $0.12 Total shares on issue 130.6m 8.0 Volm (m) $0.10 Listed options on issue1 23.3m 6.0 $0.
Slide 5: Colombia – An Emerging Investment Destination
COLOMBIA – AN EMERGING INVESTMENT DESTINATION For personal use only • Colombia in South & Central America Fraser Institute Ranking of South and Central American Countries (2010/2011) 90 – Fraser Institute #3 and World Bank #2 rating 78 79 80 75 76 in South America Ranking from 79 world regions 68 70
Slide 6: Colombian Coal Overview
COLOMBIAN COAL OVERVIEW For personal use only • #1 South American coal resource base Major Colombian Coal Basins Thermal Coal 5.0 billion tonnes Coking coal & anthracite 1.4 billion tonnes Cesar Project Sub bituminous 0.4 billion tonnes Total coal 6.8 billion tonnes Source: Colombian Ministry of Min
Slide 7: Terranova Coking Coal Project
TERRANOVA COKING COAL PROJECT Terranova Coking Coal Project For personal use only • Stage One (887T) – Positive scoping study completed – BFS scheduled for completion in July 2012 – JORC Resource of 3.6Mt hard coking coal defined – Current mine life of 1.8 years (constrained by permitting) – Product
Slide 8: Terranova Stage One – HCC Production Opportunity
TERRANOVA STAGE ONE – HCC PRODUCTION OPPORTUNITY For personal use only • Maiden JORC Resource of 3.6Mt Medium Volatile Hard Terranova Stage One Coking Coal Project Coking Coal (HCC) (5.2% ash, 0.6% S, 27.6% VM, FSI of 9) • Currently produces 25ktpa Medium Volatile HCC and is permitted to October 201
Slide 9: Terranova Stage One – Positive Scoping Study
TERRANOVA STAGE ONE – POSITIVE SCOPING STUDY For personal use only Project Team at Terranova Terranova Mechanisation & Expansion Indicative Operating Parameters Production rate 400ktpa saleable hard coking coal Mine life 1.8 years Capital expenditure US$20m Production start January 2013 Cash cost (m
Slide 10: Terranova Project – Indicative Project Timeline
TERRANOVA PROJECT ‐ INDICATIVE PROJECT TIMELINE 2011 2012 2013 2014 For personal use only Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Stage 1: Terranova Mine Mechanisation Drillingg Scoping Study Feasibility Study & Permitting Construction Production Stage 2: FL2‐151 Mapping & Trenching Permitting Dri
Slide 11: NAE Partners – Unlocking the Challenge
NAE PARTNERS ‐ UNLOCKING THE CHALLENGE – Leading supplier of mining and mineral For personal use only processing equipment & consulting services to Colombian coal sector – Active in Colombia for over 25 years • Aurora exclusive agency arrangements with European equipment suppliers / consultants • Ca
Slide 12: Corporate Activity in the Cesar Basin
CORPORATE ACTIVITY IN THE CESAR BASIN Corporate Activity in the Cesar Basin For personal use only • Profile of Cesar Basin has significantly increased as a result of recent corporate activity • Itochu acquisition of 20% interest in Drummond (June 2011) – Itochu acquired a 20% interest in Drummond’s
Slide 13: Cesar Basin Export Thermal Coal Projects
CESAR BASIN EXPORT THERMAL COAL PROJECTS For personal use only • Economic coal seams in Cesar Basin are hosted in the La Miel (GJP‐151) Proposed Drilling Middle Member Los Cuervos Formation – Contains multiple coal seams estimated to be 2 to 6m thick – Total coal thickness estimated to be up to 35m
Slide 14: Colombian Logistics
COLOMBIAN LOGISTICS Current For personal use only • FENOCO operated concession • Extensive highway network and large trucking fleet – coal and coke trucked to Atlantic and Pacific export ports (up to 1,000km) • Multiple port options Future • FENOCO railway expansion to 100Mt by 2015 • CARARE railway
Slide 15: Investment Case Summary
INVESTMENT CASE SUMMARY For personal use only 1. Terranova Project Stage One advancing towards hard coking coal production in 2013 – JORC Inferred I f d Resource R off 3.6Mt 3 6Mt defined d fi d & positive iti scoping i study t d completed l t d – Bankable Feasibility Study initiated: completion sch
Slide 16: JORC Resource Statement
JORC RESOURCE STATEMENT Terranova Project Measured Mt 0.5 For personal use only Stage One (887T) Indicated Mt 1.1 Hard Coking Coal Inferred Mt 2.0 Total Mt 3.6 JORC CONCEPTUAL EXPLORATION TARGETS FL2‐151 Hard Cokingg Coal Mt 10‐18 JBI‐11091 Hard Coking Coal Mt 20‐40 Total Hard Coking Coal Mt 30‐58 L
Slide 17: For Further Information Please Contact
FOR FURTHER INFORMATION PLEASE CONTACT: For personal use only Gary Fietz, Managing Director, New Age Exploration Telephone: +61 3 9614 0600 Email: info@nae net au [email protected] Image: M3 Hard Coking Coal Seam, Terranova. Seam height approx. 1.6m 17
New Age Exploration — Investor Presentation (January 2012) on 6ix