Renascor Resources Ltd · ASX:RNU
Renascor Resources — Shareholder Meeting (November 2018)
23 slides from Renascor Resources's shareholder meeting presentation, Nov 29, 2018
Slide 1: Annual General Meeting Presentation
Annual General Meeting Presentation Adelaide, South Australia 29 November 2018
Slide 2: Corporate Overview
Co rp o ra t e Ove rvie w Capital Structure Share Chart Shares on issue 1,153m 5.0 50.0 Volume (m) ClosePrice Performance rights 18m 4.5 45.0 4.0 40.0 Listed options 114.76m 3.5 35.0 Volume (m) Unlisted options 15m 3.0 30.0 Cents 2.5 25.0 Share price (28 Nov 18) $0.019 2.0 20.0 Market Cap (at $0.019
Slide 3: Fiscal 2018 Highlights
Fisca l 2018 High ligh t s Siviou r Developm en t al Opt ion s St u dy Lo w CAPEX sta rt-u p o p tio n Siviou r Pre-Feasibilit y St u dy Except ional pot ent ial as a w or ld-class gr aphit e developm ent Siviou r Ore Reser ve Am o n g th e la rge st in th e wo rld Sph er ical Graph it e Scopin g St
Slide 4: Siviour Graphite Project
Sivio u r Gra p h it e Pro je ct On e o f wo rld ’s la rge st h igh -gra d e fla ke gra p h it e d e p o sit s. Min e ra l Re so u rce : 80.6 Mt a t 7.9% TGC fo r 6.4 Mt o f co n ta in e d gra p h ite . Ore Re se rve : 45.2 Mt a t 7.9% TGC fo r 3.6 Mt o f co n ta in e d gra p h ite . Renascor Re
Slide 5: Siviour Project Summary
Sivio u r Pro je ct Su m m a ry Wor ld-Class Project Credent ials • On e o f th e wo rld ’s la rge st gra p h ite re so u rce s • Fla t-lyin g o rie n ta tio n u n d e rp in s lo we st q u a rtile co st o f p ro d u ctio n -- OPEX o f US$335/t* • Pro xim ity to e sta b lish e d in fra stru ctu re p
Slide 6: Siviour Resource
Sivio u r Re so u rce Sivio u r is o n e m a ssive o re b o d y, o ffe rin g co n siste n t su p p ly o f h igh -q u a lity gra p h ite . Renascor Resources Ltd | ASX: RNU renascor.com.au 6
Slide 7: Australian Graphite Resources
Au st ra lia n Gra p h it e Re so u rce s The scale of the Siviour graphite resource is unique in Australia Com p a n y re p orts sh owin g Me a su re d a n d In d ica te d Re sou rce s of se le cte d Au stra lia n gra p h ite d e p osits Renascor Resources Ltd | ASX: RNU renascor.com.au 7
Slide 8: Development Summary
De ve lo p m e n t Su m m a ry Siviou r can be developed soon er by a t w o-st aged developm en t Low ca p ita l, fa st-sta rt p o te n tia l Sta ge d a p p ro a ch a llows Re n a sco r to ta rge t in itia l o ff-ta ke a gre e m e n ts wh ile p rovid in g b u lk sa m p le s o f Sivio u r gra p h
Slide 9: Metallurgy
Me t a llu rgy Me ta llu rgica l te stin g h a s e sta b lish e d a b ility to p ro d u ce h igh q u a lity gra p h ite p ro d u cts a t low OPEX u sin g co n ve n tio n a l (n o n -ch e m ica l, n o n -th e rm a l) flowsh e e t. Particle Size Flake Annual Microns Percentage Category Mesh Production
Slide 10: Spherical Graphite
Sp h e rica l Gra p h it e In d e p e n d e n t te sts co n firm Sivio u r co n ce n tra te s ca n b e p ro ce sse d in to u p to 99.99% sp h e rica l gra p h ite su ita b le fo r u se in Lith iu m -io n b a tte ry a n o d e s. Fixe d Ca rb o n 99.97% 99.99% As h co n t e n t 0.03% 0.02% D10 Size Fr
Slide 11: Expandable Graphite
Exp a n d a b le Gra p h it e In d e p e n d e n t te sts co n firm Sivio u r co n ce n tra te s a re su ita b le fo r e xp a n d a b le gra p h ite in e xce ss o f th e typ ica l in d u stry e xp a n sio n co e fficie n t re q u ire m e n ts. Exp a n d a b le gra p h ite is cre a te d by h e a tin
Slide 12: Near-surface, Flat-lying Ore Body
Ne a r-su rfa ce , Fla t -lyin g Ore Bo d y Siviour ’s low OPEX is due in large part to shallow, horizontal orientation of a single massive ore body that offers comparatively low mining costs Renascor Resources Ltd | ASX: RNU renascor.com.au 12
Slide 13: Near-surface, Flat-lying Ore Body
Ne a r-su rfa ce , Fla t -lyin g Ore Bo d y Siviour ’s low OPEX is due in large part to shallow, horizontal orientation of a single massive ore body that offers comparatively low mining costs Renascor Resources Ltd | ASX: RNU renascor.com.au 13
Slide 14: Low Cost with Safe Supply
Low Co st wit h Sa fe Su p p ly Lowest quartile operating costs globally in mining friendly Australia. Com p a n y re p orts sh owin g p roje cte d cost of p rod u ction from fe a sib ility stu d ie s Renascor Resources Ltd | ASX: RNU renascor.com.au 14
Slide 15: Mine to Market
Min e t o Ma rke t Sim p le , sa fe a n d re lia b le tra n sp o rt fro m o u r Au stra lia n gra p h ite re so u rce . Ro a d tra n sp o rt fro m Arn o Ba y to Po rt Ad e la id e . In itia l m in in g p la n n e d fo r Q4, 2019, with p ro d u ctio n in Q1 2020. Po ssib ility to fu rth e r p
Slide 16: Strategic Engineering Partnership with Royal IHC
St ra t e gic En gin e e rin g Pa rt n e rsh ip wit h Roya l IHC La n d m a rk a gre e m e n t with in te rn a tio n a l ECP co n tra cto r, Roya l IHC to a cce le ra te d e ve lo p m e n t o f Sivio u r $1 m illion co m m itte d by Roya l IHC to u n d e rta ke e a rly p ro je ct wo rks, in clu
Slide 17: Siviour Timelines
Sivio u r Tim e lin e s De fin itive Fe a sib ility Stu d y (DFS) a n d Sp h e rica l PFS u n d e rwa y. Min e le a se e xp e cte d by Q1 2019. Min e Co n stru ctio n (p e n d in g fin a n cin g) p la n n e d a s e a rly a s Q4 2019. First m in in g p la n n e d fo r a s e a rly a s Q4 2019,
Slide 18: Re-rating Potential
Re -ra t in g Po t e n t ia l Re n a sco r h a s q u ickly a d va n ce d th e d e ve lo p m e n t o f Sivio u r sin ce its d iscove ry in 2016 a n d h a s p o te n tia l to co n tin u e to clim b th e va lu e cu rve . Ma rke t ca p ita lisa tion s a s of 8 Nove m b e r Renascor Resources Ltd | ASX:
Slide 19: Near-term Value Drivers
Ne a r-t e rm Va lu e Drive rs St ron g u pcom in g n ew s f low expect ed t o in clu de: • Offt ake. With co m p le tio n o f PFS a n d d isp a tch o f cu sto m e r sa m p le s, p o te n tia l fo r a d d itio n a l o ffta ke d eve lo p m e n ts in 2018. • Project improvement s. Up co m in g m e ta
Slide 20: Summary
Su m m a ry Siviour is a new discover y of a w or ld-class graphit e deposit On e m a ssive o re b o d y o ffe rs co n siste n t h igh -q u a lity su p p ly Glo b a lly co m p e titive : Low OPEX a n d CAPEX Fu lly-fu n d e d to De cisio n to Min e Min in g-frie n d ly Au stra lia Renascor R
Slide 21: Forward Looking Statements
Fo r wa r d Lo o kin g St a t e m e n t s Th is Pre se n ta tio n m a y in clu d e sta te m e n ts th a t co u ld b e d e e m e d "fo rwa rd -lo o kin g" sta te m e n ts. Alth o u gh Re n a sco r Re so u rce s Lim ite d (th e "Co m p a n y") b e lie ve s th e e xp e cta tio n s e xp re sse d in su c
Slide 22: Appendix 1: Resource Summary
Ap p e n d ix 1: Re so u rce Su m m a ry Siviour is one massive ore body, offering consistent supply of high-quality graphite. Con t ain ed Resou r ce M in er alisat ion TGC gr aph it e cat egor y (M t ) (M t ) In d ica te d 51.8 8.1% 4.2 In fe rre d 21.8 7.6% 2.2 To ta l 80.6 7.9% 6.4 The Siviour M
Slide 23: David Christensen, Managing Director
David Christensen: Managing Director Telephone: +61 (8) 8363 6989 Email: [email protected] Website: renascor.com.au Office Location: 36 North Terrace, Kent Town South Australia 5067 Renascor Resources Limited | ASX: RNU
Renascor Resources — Shareholder Meeting (November 2018) on 6ix