Kodal Minerals PLC · LSE:KOD
Kodal Minerals — Shareholder Meeting (September 2024)
15 slides from Kodal Minerals's shareholder meeting presentation, September 2024
Slide 1: Kodal Minerals plc AGM Presentation and Q&A
Kodal Minerals plc AGM Presentation and Q&A September 2024
Slide 2: Disclaimer
Disclaimer The information contained in this document (“Presentation”) and the presentation made to you verbally has been prepared by Company’s results of operations, performance, financial condition, prospects, growth, strategies and the industry in which the Kodal Minerals PLC (the “Company”). Kod
Slide 3: Leadership
Leadership Strong senior team with African mining development and operational experience BERNARD AYLWARD STEVEN ZANINOVICH ROBERT WOOLRIDGE CHARLES JOSELAND DAVID TENG CHIEF EXECUTIVE OFFICER OPERATIONS DIRECTOR NON-EXECUTIVE CHAIRMAN NON-EXECUTIVE DIRECTOR NON-EXECUTIVE DIRECTOR • Geologist with 20
Slide 4: Bougouni Project Partner – Hainan Group
Bougouni Project Partner – Hainan Group 100% offtake under negotiation with Hainan Hainan Mining is a subsidiary Invested US$100M for a 51% stake in Acquired 14.7% of Kodal Negotiating 100% offtake of Fosun International Bougouni asset via KMUK Minerals plc via US$17.75m of spodumene product from in
Slide 5: Offtake Agreement
Offtake Agreement 100% offtake deal for Bougouni Stage 1 agreed with Hainan Group (subject to finalisation) • High quality/low impurity spodumene concentrate of 5.5-6% converts to high-grade carbonate product; ideal for EV batteries • 100% offtake for year 1-3 of Bougouni Stage 1 production (DMS) be
Slide 6: Why Lithium?
Why Lithium? Addressing accelerated global demand for ‘white gold’ Electric Vehicle sales to reach c.40 Million by 2030 Top 10 countries with largest lithium reserves, million metric tons Number of battery electric vehicles sold (millions, left) and % of total global auto sales (right) 2016-30e Fig.
Slide 7: Bougouni Lithium Project: 2-Stage Development
Bougouni Lithium Project: 2-Stage Development (2024-36) Staged development strategy to maximise potential Stage 1 – DMS (2024-28) • c.125ktpa production from Ngoualana Pit • Initial 4-yr LOM • Low capex c.$65M • Simple process Stage 2 - Flotation Plant (2026-36) • 230Ktpa output from Boumou & Sogola
Slide 8: Bougouni Stage 1 – Ngoualana / DMS
Bougouni Stage 1 – Ngoualana / DMS Degrit Stockpile Substation Fines Stockpile Power Stn DMS Processing Distributor Product Stockpile Crushed Ore Feed 8
Slide 9: Bougouni Lithium Project: Construction Progress
Bougouni Lithium Project: Construction Progress September 2024 ✓ US$65m capital expenditure Stage 1 DMS on budget, fully funded; no cost overruns ✓ Long Lead Items (DMS units, crushing modules) delivered onsite; contractor mobilised and installation commenced ✓ Civils construction 90% completed ✓ Bo
Slide 10: Project Construction Schedule
Project Construction Schedule 10
Slide 11: Project Images
Project Images Concrete foundations – 11 Crushing Equipment on site – 23 September September Ngoualana pit after heavy rain – 3 Crusher chute offloading – 5 September September 11
Slide 12: Sustainability Strategy
Sustainability Strategy Responsibly addressing the global energy transition whilst delivering positive socio- economic outcomes for the people of Mali Bougouni presents an opportunity to mine and KMUK is mindful of its responsibilities as a KMUK has ensured that value creation is focused The Company
Slide 13: Summary
Summary
Slide 14: Investment Case
Investment Case London’s First Quoted Lithium Producer in West Africa About Kodal Minerals plc • Fully permitted and financed Stage 1 Bougouni Lithium Project London-quoted Kodal Minerals is developing a portfolio of critical metals • Development of Bougouni advancing rapidly – first production proj
Slide 15: Bernard Aylward, Chief Executive Officer and advisers
BERNARD AYLWARD ALLENBY CAPITAL LTD CANACCORD GENUITY Chief Executive Officer Nominated Adviser Joint Broker [email protected] [email protected] [email protected] BUCHANAN SP ANGEL Financial PR & IR Financial Adviser & Joint Broker [email protected] [email protected]
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