BQE Water Inc · TSXV:BQE
BQE Water — Investor Presentation (May 2022)
21 slides from BQE Water's investor presentation, May 2022
Slide 1: Recurring Revenues from Water
Recurring Revenues from Water Corporate Presentation May 2022 www.bqewater.com | 1
Slide 2: Forward Looking Statement
Forward Looking Statement Certain information contained herein may not be based on historical fact and therefore constitutes "forward-looking information" under applicable Canadian securities legislation. This includes without limitation statements containing the words "plan", "expect", "project", "
Slide 3: Who We Are
Who We Are Water Specialists in Mining and Metallurgical Processing We support the environmentally responsible extraction of metals. Our focus: produce clean water, reduce water risks, minimize liabilities and help clients with ESG goals. Driving Technological Customer-centric Holistic Approach Inno
Slide 4: Why Invest in BQE Water
Why Invest in BQE Water Unique IP Leading Clients At forefront of environmental Top producers include Glencore, issues: selenium, sulphate, Jiangxi Copper, Kinross Gold, cyanide recycle, tailings Freeport-McMoRan, Centerra Strong Pipeline Tailored Services Of sole sourced projects for To maximize va
Slide 5: Mine Water Opportunity for BQE Water
Mine Water Opportunity for BQE Water 90% of Mineral Processing Uses Water Secure water supply Water recycle to reduce costs Production Government Water or no business operations Needs Regulations Mt Polley Water access in tailings dam era of climate breach Permitting & Regulatory Compliance ch
Slide 6: Mining Market Segments We Address
Mining Market Segments We Address Mines in Development Operating Mines Closed/Legacy Mines Permitting to Production Operating Life Closure Time Horizons Duration 5 to 10 years Base metals: 20 years 20+ years Precious metals: 10 years Successful ~ 5 years Unsuccessful ~ perpetuity Junio
Slide 7: Our Services: Entrenched Competitive Advantages
Our Services: Entrenched Competitive Advantages Identifying Solutions Implementing Solutions Consulting Operations Technical Innovation Developing New Solutions www.bqewater.com | 7
Slide 8: Unique IP & Expertise
Unique IP & Expertise Metals – BioSulphide® & ChemSulphide® Sulphate –Sulf-IX™ Cyanide – SART (Open source) Selenium – Selen-IX™ www.bqewater.com | 8
Slide 9: Future IP Growth Areas
Future IP Growth Areas Nitrogen Species Arsenic Stabilization www.bqewater.com | 9
Slide 10: Value of Clean Water – Tolling Fees
Value of Clean Water – Tolling Fees Value Protection Value Capture Value Generation Comply with strict Fast permitting Higher metal recovery & regulations Local community support new value by-products No production loss from Reduce CAPEX & OPEX Extend project life operational disruptio
Slide 11: Addressable Mining Market
Addressable We operate within subsets of market segments Mining Market where our IP minimizes competition. Continued and steady growth for our water services will come from: 1 Increasing Regulatory Oversight and Social Responsibility Water is a precious shared and finite resource vital for mining op
Slide 12: Addressable Mining Market Revenue Projections
Addressable Mining Market Revenue Projections AVG REVENUE per PROJECT $26 M ASSUMING 3-4* projects annually Over 30 yrs for 20 years, revenue potential of ~$1 B *Represents < 0.1% of global market and does not account for potential revenues from non-mining sectors such as Power Generation DEV/PERMIT
Slide 13: Last 12 Months Snapshot
Last 12 Months Snapshot Form joint venture Operations Services with Nuvumiut begin for Selen-IX™ Development to plant at US power utility provide mine water to remediate ash pond services in Nunavik Multi-site Codelco Selen-IX™ project pilots of Sulf-IX™ & wins 2 awards BioSulphide® for EGBC & Canad
Slide 14: BQE Water By Numbers
BQE Water By Numbers 25 treatment plants 4 technologies 20 M m3 designed/built commercialized wastewater globally since 2003 treated annually 1,800 tons 1,000 tons 100% projects of valuable metals of sodium cyanide waste residue was recovered annually recycled annually eliminated/reduced www.bqewate
Slide 15: Global Footprint
Global Footprint Projects for leading resource companies & regulators Glencore Teck Resources Jiangxi Copper Anglo American Freeport-McMoRan Barrick Gold US EPA US Power Utility Codelco Trafigura Kinross Gold Orano Centerra Gold South32 Torex Gold Established presence in key markets North America La
Slide 16: Our Life of Mine Services
Our Life of Mine Services Laboratory Pilots Water Studies Cyanide Management Plant Design Commissioning Operations Closure/Post-Closure www.bqewater.com | 16
Slide 17: Global Trends
Global Trends Environmentally responsible and Obligation for positive social acceptance of mining engagement and active projects – water key factor to both involvement with indigenous communities 1 2 – clean water an opportunity to bring Global decarbonization that local communities on demands criti
Slide 18: Financials (in thousands)
Financials (in thousands) Adjusted EBITDA Net Income $5,000 $3,000 $2,629 $4,096 $4,000 $2,000 $3,000 $2,672 $1,166 $1,000 $2,000 $1,722 $242 $1,181 $150 $1,000 $776 $0 $0 ($1,000) ($362) 2017 2018 2019 2020 2021 2017 2018 2019 2020 2021 Working Capital Net Profit & Adjusted EBITDA Margins (%) with
Slide 19: Project Pipeline
Project Pipeline Drivers Competitors One+ other bid Cyanide recycle 9% 14% Environmental Miner itself Sole source Metal Recovery compliance 15% 62% 12% 62% Water Reuse One other bid 6% 14% Arsenic stabilization 6% Technology Summary Other 9% 85% of projects have potential for recurring Sulphate 15
Slide 20: Leadership Team
Leadership Team Peter Gleeson David Kratochvil PhD, PEng Heman Wong CPA, CGA Executive Chairman President & CEO CFO 30+ years in executive 20+ years in wastewater treatment 10+ years in private/public practice management and board advisory and chemical processing in the environmental sector Jon Reyn
Slide 21: Market Cap & Treasury Trajectory
Market Cap & Treasury Trajectory Data until May 4, 2022 Exchange Shares Outstanding TSX-V: BQE 1.2 M Market Cap Cash 40 5 4 30 $ Millions $ Millions 3 20 2 10 1 0 0 4Q2017 4Q2018 4Q2019 4Q2020 4Q2021 4Q2017 4Q2018 4Q2019 4Q2020 4Q2021 www.bqewater.com | 21