AustSino Resources Group Limited
AustSino Resources — Padbury Mining — Investor Presentation (August 2014)
23 slides from AustSino Resources's investor presentation, August 2014
Slide 1: Mid-West Investment Opportunity
For personal use only Mid‐West Investment Opportunity August 2014
Slide 2: For personal use only
For personal use only
Slide 3: Peak Hill Iron Ore Project Overview
Peak Hill Iron Ore Project Overview For personal use only 2000sqkm area - targeting hematite (Direct Shipping Ore – DSO) and magnetite 11.5Mt DSO Inferred JORC resource @ 58.55% Fe 925Mt Magnetite Inferred JORC resource @ 27.2% Fe 251Mt Magnetite Indicated JORC resource @ 29.6% Fe Production target
Slide 4: Padbury's Investment Proposition
Padbury’s Investment Proposition For personal use only • We are seeking a partner that: • Shares our strategic vision • Wants to build a major infrastructure project in Western Australia • Is prepared to contribute financially for an exclusive right • Can act now padburymining.com.au
Slide 5: Padbury's Exploration Targets
Padbury’s Exploration Targets For personal use only • A magnetite Exploration Target of 3.5Bt to 5Bt at 25% Fe to 35% Fe is based on 32km of Robinson Range BIF within the tenement package which is yet to be tested with drilling. Drill testing at Telecom Hill indicate the BIF extends to at least 300m
Slide 6: Padbury's Exploration Targets
Padbury’s Exploration Targets For personal use only Mt Padbury North Target 17km BIF • Aeromagnetic image • Areas in white denote areas of BIF • All areas have been Telecom Hill mapped and are extensions known to contain 3km BIF magnetite Mt Padbury Target 7km BIF Southern extension of Telecom Hill
Slide 7: Padbury's Exploration Targets
Padbury’s Exploration Targets For personal use only • A DSO Exploration Target of 20Mt to 40Mt at 50% Fe to 58% Fe is based on several areas of hematite and goethite enrichment of BIF which have been mapped at Telecom Hill , Mt Padbury and Mt Padbury North. Drill testing at Telecom Hill and Mt Padbu
Slide 8: Padbury's Exploration Targets
Padbury’s Exploration Targets For personal use only • Telecom Hill East DSO target geology plan • BIF is in brown and hematite enrichment in Red • Black dots are drill holes • Resource wireframe in Olive N 200m • Mt Padbury DSO target geology plan • BIF is in brown and hematite enrichment in Red N •
Slide 9: A Huge Resource Base
A Huge Resource Base For personal use only • The Mid-West resource base is 21Bt – 1Bt Hematite, 20Bt Magnetite North hub – Hematite & Magnetite • -Midwest-Sinosteel – 100% Chinese owned • -Golden West Resources – Chinese interest • -Peak Hill – Padbury Mining South hub - Magnetite • -Gindalbie – Ans
Slide 10: For personal use only
For personal use only padburymining.com.au
Slide 11: Our Advantage
Our Advantage For personal use only • The mines are in place. • 35Mtpa throughput can be sustained • Padbury owns the IP for infrastructure development • Demand for magnetite remains strong • Mid West to rival the Pilbara for iron ore production padburymining.com.au
Slide 12: Potential Mid West Iron Ore Production
For personal use only 0 50 100 150 200 250 2014 2015 2016 2017 2018 2019 2020 2021 Ore Production 2022 2023 2024 2025 2026 Potential Mid West Iron 2027 2028 2029 Million Tonnes Per Annum 2030 2031 2032 2033 2034 2035 padburymining.com.au
Slide 13: Midwest Infrastructure Ltd
Midwest Infrastructure Ltd For personal use only Fully-owned subsidiary of Padbury Mining Ltd Owns all the infrastructure IP developed by Yilgarn Infrastructure including detailed engineering studies, project definition documents, financial modelling and associated legal documentation Updated financ
Slide 14: The Oakajee Option
The Oakajee Option For personal use only • The Oakajee Option requires: – a consortium of foundation mines, – Government & Community Support – Infrastructure investors padburymining.com.au
Slide 15: Rail
Rail For personal use only • Initially 600 kms of line • Single line with passing loops • 4400 HP diesel electric locos • 37 tonne axle load • 3 locos plus 180 wagons per train • 21,600 tonnes per trip padburymining.com.au
Slide 16: Port
Port For personal use only • Long breakwater, 2 handling berths • Cape-size vessel capacity • 18M draft • Unloading rate of 8400tph at car dumper • 1 ship loader • Initially 45Mtpa growing to 70Mtpa and then to100Mtpa • 3 different products – DSO (lump and fines) and magnetite concentrate padburymin
Slide 17: Project Costs
Project Costs For personal use only Total Development Costs Total Finance & Total Costs Development Capitalised To Fund Costs Interest Preliminary DFS, BFS, pre construction costs 235 235 Port – CUI – Development costs 1,000 1,000 Port – PUI – Development costs 1,520 141 1,661 Port – CUI/PUI – Total
Slide 18: Projected Cashflows
Projected Cashflows For personal use only 32TAL 37TAL Cashflows Total AUD M Total AUD M Net Company Revenue PUI 5,908.81 5,908.81 Rail 9,465.91 9,569.14 Total 15,374.72 15,477.95 Debt Repayment & Interest PUI (2,966.33) (2,966.33) Rail (4,937.69) (4,993.73) Total (7,904.02) (7,960.06) Cashflow Avail
Slide 19: Return On Investment
Return On Investment For personal use only padburymining.com.au
Slide 20: Revenue & Opex
Revenue & Opex For personal use only padburymining.com.au
Slide 21: Investment Opportunity
Investment Opportunity For personal use only • Opportunity to develop a new iron ore province in Western Australia • Modest infrastructure investment to generate sustainable returns • Project enjoys strong government, industry & community support • Gain strategic control of the Midwest region padbur
Slide 22: Disclaimer
DISCLAIMER For personal use only This document contains general information about the activities of Padbury Mining Ltd (‘Padbury” or the “Company”) current as at the date of this presentation. It is information in a summary form only and does not contain all the information necessary to fully evalua
Slide 23: Thank You
For personal use only THANK YOU