Iron Bear Resources Ltd · ASX:IBR
Iron Bear Resources — Cape Lambert Resources — Investor Presentation (August 2010)
16 slides from Iron Bear Resources's investor presentation, August 2010
Slide 1: Market Update August 2010
Cape Lambert ~<_\ Resources Ltd ey Market Update August 2010
Slide 2: Disclaimer
Disclaimer This presentation has been prepared by Cape Lambert Resources Limited (“Cape Lambert” or the “Company”). It is not a disclosure document and should not be considered as an offer or invitation to subscribe for, or purchase any, securities in the Company or as an inducement to make an offer
Slide 3: At a Glance
At a Glance ` Australian mineral investment company, listed on ASX, ` Geographically diverse portfolio of mineral assets, and interests in mining and exploration companies, ` Cash assets of A$133 million at 30 June 2010, no bank debt and fully funded, ` Cash receivable of A$80 million due in second
Slide 4: Business Model & Strategy
Business Model & Strategy ` Leverage off strong balance sheet (cash reserves) and relationships, ` Invest in early stage resource projects and companies that are considered undervalued or distressed, ` Assets and investments are primarily iron ore, copper, gold and uranium, ` Add value through a “ha
Slide 5: Corporate
Corporate Capital Structure Share Price Performance Ordinary shares (ASX: CFE) 625M Market Cap at $0.35 $219M Cash & receivables $225M Dividend outgoing $(44M) DMM outgoing $(32M) Enterprise value $80M Shareholding Substantial Shareholders Holding (%) Directors & management 5.7% African Minerals 19.
Slide 6: Directors & Management
Directors & Management Directors Key Management Tony Sage Executive Chairman Joe Ariti General Manager Over 25 years experience in corporate Metallurgist with over 25 years advisory, funds management and capital experience in the mining industry raisings. working in Australia, Indonesia, PNG & Afric
Slide 7: Group Structure
Group Structure 7 Cape Lambert Resources Limited August 1, 2010
Slide 8: Central West African Iron Ore Exposure
Central West African Iron Ore Exposure 8 Cape Lambert Resources Limited August 1, 2010
Slide 9: Marampa Iron Ore Project
Marampa Iron Ore Project (100% ownership) ` Specular hematite, operated from 1933 to 1977, ` Proximal to existing mineral railway that connects to Pepel Port - refurbishment in progress by African Minerals, ` Cape Lambert has access and ownership rights to mineral railway & Pepel Port, ` Hard rock d
Slide 10: Pinnacle Group Assets
Pinnacle Group Assets (26.2% ownership and Manager) ` Iron ore prospects in Sierra Leone & Guinea and coal in Sierra Leone, ` Kukuna, Sierra Leone, ` 68km2 granted licence, with >10km of prospective formation with outcropping enriched specular hematite, ` SRK now completed prospect scale mapping gen
Slide 11: DMC Mining Limited
DMC Mining Limited (93% Ownership and Manager) ` Successful cash take-over bid of A$0.53 per share, ` Bid closed, 8 July 2010. ` Commenced Compulsory Acquisition 12 July 2010 ` Within 3km of railway that connects to Atlantic coastal seaport at Point Noire, ` Exploration target size ± 0.9 - 1.3 billi
Slide 12: Sappes Gold Project
Sappes Gold Project ` 100% Ownership, ` Project based on developing; ` High-grade, underground Viper resource (total Mineral Resource – 1Mt at 21.4 g/t Au), ` Small, open pit on St Demetrios mineralisation (total Mineral Resource – 0.8 Mt at 3.4 g/t Au). ` Planned production of 100koz pa over 5 year
Slide 13: Corvette Resources – Gold
Corvette Resources – Gold (Hold 32.3% - ASX: CVX) ` Plumridge Gold Project comprising strategic tenement holding of 2,300km2 in emerging Albany-Fraser gold province, ` Province hosts the 5 million oz Tropicana- Havana deposit (70km north along strike), ` Extensive anomalous gold in soil/calcrete at
Slide 14: Other Key Assets
Other Key Assets Asset Interest Commodity Stage Location Lady Loretta 25% Pb-Zn-Ag Preproduction Qld, Australia Fe Limited 17% Iron Ore Exploration Midwest, WA Cauldron 18.6% Uranium Exploration Australia/Argentina Leichhardt 100% Copper Operations Qld, Australia Australis 100% Rock Phosphate Explor
Slide 15: Value Proposition
Value Proposition Asset A$ Value Cash $133M Cash Receivables / Con notes $92M Equities (mark-to-market) $47M Marampa (100%) $500M? Mayoko Iron Ore Project (93%) $100M? Sappes (100%) $50M? Australis (100%) ? Pinnacle (26.2%) ? Lady Loretta (25%) ? Cape Lambert South (100%) ? Total ++922M Notes: 1.Cas
Slide 16: Attributes
Attributes Competent Persons Statement The Metallurgical information in this presentation is based on information compiled by GV Ariti who is a Member of The Australasian Institute of Mining and Metallurgy. Mr. Ariti has sufficient experience which is relevant to the style of mineralisation and type
Cape Lambert Resources — Investor Presentation (August 2010) on 6ix