Atlantic Lithium Limited. · LSE:ALL
Atlantic Lithium — Investor Presentation (September 2022)
20 slides from Atlantic Lithium's investor presentation, September 2022
Slide 1: Charging the Change – Investor Presentation
CHARGING THE CHANGE Investor Presentation
Slide 2: Disclaimer
DISCLAIMER Important notice These presentation slides (the “Slides”) have been issued by Atlantic Lithium Limited (the “Company”) in relation to an update on activities by the Company. These Slides do not comprise an admission document, listing particulars or a prospectus relating to the Company, do
Slide 3: Atlantic at a Glance
ATLANTIC AT A GLANCE Flagship Project Strong Cash Position Ewoyaa, Ghana - 30.1Mt @ 1.26% Li2O c. US$16m for future growth “ Advancing Ewoyaa through studies to become Ghana's “ first lithium producing mine Significant Exploration Upside Proven Premium Product Only 13km2 drilled of 1,334km2 tenure H
Slide 4: Corporate Snapshot
CORPORATE SNAPSHOT Capital Structure Major Shareholders Issued Capital: 590.2m (Post IPO 605.7m) Top 20 Shareholders: 64% 68.25m 2.7m 661.2m Piedmont Lithium Inc (Post IPO 50.5m) Performance Rights Fully-diluted share capital Assore Int. 9.64% Options Holdings 23.25% DGR Global 7.09% £210m / A$360m
Slide 5: Board and Management
BOARD AND MANAGEMENT Neil Herbert – Executive Chairman Stu Crow – Senior Non-Executive Director Board FCCA More than 30 years of experience in the mining sector in all aspects of corporate Over 30 years experience in growing mining and oil and gas companies, both as an finance and investor relations
Slide 6: Piedmont Funding Agreement
PIEDMONT FUNDING AGREEMENT Targeting to Become First Ghana Lithium Producer Piedmont investment US$103m – Atlantic maintains control STAGE 1 STAGE 2 STAGE 3 OTHER KEY TERMS Initial Investment into Atlantic Funding of Regional Funding of Capex Lithium Limited (c. US$16m) Exploration and DFS (US$17m)
Slide 7: Dual Listing Overview
DUAL LISTING OVERVIEW Atlantic Lithium to list on the Australian Securities Exchange Atlantic Lithium proposes to conduct a listing of the Company on the ASX to complement its existing AIM listing The Board considers that a dual listing on the ASX will provide the Company with greater access to capi
Slide 8: Lithium Market Outlook
LITHIUM MARKET OUTLOOK Lithium rich spodumene concentrate used in the production of downstream Atlantic is ideally placed to take advantage of strong long term lithium chemicals for end use in lithium batteries market fundamentals for spodumene concentrate Global Electric Vehicle uptake forecast to
Slide 9: Our Vision
OUR VISION A sustainable lithium supply with positive social impact to support the global transition to a carbon neutral future. ATLANTIC LITHIUM LIMITED LTD. 9
Slide 10: Ewoyaa Lithium Pegmatite Discovery in Ghana
EWOYAA LITHIUM PEGMATITE DISCOVERY IN GHANA Coarse spodumene concentrate 30.1Mt @ 1.26% Li2O (Inferred & Indicated, JORC 2012) 20.5Mt @ 1.29% Li2O (Indicated) Significant Exploration Upside; 37,000m drilling programme underway Robust Scoping Study released on AIM in December 2021 Dec’21 Scoping Stud
Slide 11: Ghana & Cote d'Ivoire Lithium Portfolio
GHANA & COTE D’IVOIRE LITHIUM PORTFOLIO Ghana & CDI Portfolio insert Combined 1,334km2 portfolio secured via earn-in & application (see insert) 560km2 Ghana portfolio within 110km of Takoradi port and 100km of Accra Coarse spodumene dominant pegmatites ~90,000m of RC and DD drilling completed to cur
Slide 12: Coarse Spodumene – Broad Widths
COARSE SPODUMENE – BROAD WIDTHS Coarse spodumene in outcrop Coarse spodumene pegmatite drill core ATLANTIC LITHIUM LIMITED 12
Slide 13: Simple Metallurgy – Premium SC6 Product
SIMPLE METALLURGY – PREMIUM SC6 PRODUCT >6% spodumene concentrate at 10mm crush via conventional DMS Heavy Liquid Separation recoveries up to 90% Low contaminants; <1% Fe203, <3% combined Na2O & K2O Simple gravity process flow sheet; No early flotation Low capital intensity implied Significant value
Slide 14: Exceptional Logistics
EXCEPTIONAL LOGISTICS Sealed road within 1km of deposit footprint 110km from project footprint to Takoradi port Takoradi Port currently exports 3Mt of Mn and approx. 1Mt Bx per year from existing facilities with available capacity Port being re-developed as a major West African oil, gas and bulk min
Slide 15: 30.1Mt @ 1.26% Li2O and Growing
30.1Mt @ 1.26% Li2O AND GROWING Current MRE footprint, additional resource drilling & target areas on pXRF Rb soils and LIBS Li soils Significant potential to grow resource base within ‘mine corridor’ 37,000m drilling underway; to support exploration & resource upgrade Proven low cost & effective ex
Slide 16: Exploration Upside Multiple Targets Defined
EXPLORATION UPSIDE MULTIPLE TARGETS DEFINED Only 13km2 of 560km2 (~2%) tenure portfolio drilled to date; predominantly within Ewoyaa High Priority target zones corridor Regional target definition; Multiple untested targets Area of previous slide Helicopter geophysics and grid soils completed over Ca
Slide 17: ESG Initiatives - Low Carbon Footprint
ESG INITIATIVES - LOW CARBON FOOTPRINT Strong national employment and Community consultation meetings Weather station data download training programmes implemented Regeneration nurseries established and access/drill pad revegetation Community programmes and engagement; e.g. market hall construction,
Slide 18: Ewoyaa Project Next Steps - Pre-Feasibility Study
EWOYAA PROJECT NEXT STEPS - PRE-FEASIBILITY STUDY Enhanced metrics: Composite sample locations across the Ewoyaa Project and pegmatites Resource - Processing - Pricing PFS targeted delivery Q3 2022 - Significantly enhanced metrics likely to improve Project economics Resource upgrade from 21.3Mt to 3
Slide 19: Our Growth Story
OUR GROWTH STORY Funded to production Targeting: Excellent Scoping PFS Q3 2022 Study Economics ASX listing 2022 Dec 2021 revised scoping MRE Upgrade Strong ESG study released to AIM. DFS 2023 Credentials Based on 21.3Mt at Production 2024 1.31% Li2O. Established pro >98% Ghanaian and Ivoirian mining
Slide 20: Atlantic Lithium Limited contact details
Atlantic Lithium Limited http://www.atlanticlithium.com.au/ Level 33, Australia Square, [email protected] 264 George Street, Sydney, NSW 2000
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