Australian Pacific Coal Limited · ASX:AQC

Australian Pacific Coal — Shareholder Meeting (November 2011)

18 slides from Australian Pacific Coal's shareholder meeting presentation, Nov 30, 2011

  1. Slide 1: 2011 Annual General Meeting

    2011 Annual General Meeting 30 November 2011

  2. Slide 2: Overview

    Overview Coal  AQC (100%) - 13 Granted EPC’s  Rio Tinto – JV (4 EPC’s – 140.7 sqkm)  Blackwood JV (4 EPC’s – 1274 sq km)  Blackwater area – exploration drilling focus in 2012 Industrial Minerals  Bentonite - Mantuan Downs ML & two EPMs  Soduim Bicarbonate – Kokstad ML& two EPMs

  3. Slide 3: EPC 1827 - Cooroorah Proposed Work Program

    EPC 1827- Cooroorah Proposed Work Program TARGET: Rangal Coal Measures (3 Seams)  Proposed 5 - 15 chip/core holes STATUS: 107Mt JORC inferred, MDL in application phase  Detailed lithology and structure logging  Sampling of coal seams for coal quality analysis  Geophysical wireline logging of all

  4. Slide 4: Mineral Development Licence Application No. 453

    Mineral Development Licence Mineral Development Licence Application No. 453  Application lodged 08-MAR-2011  16.7 sq km  Macarthur Coal Ltd MDL162 to west  Jellinbah Mine ML’s to east

  5. Slide 5: Resource Potential

    Resource Potential Aries & Pisces Seams Pollux Seam Potential Resource (7 sq km) 107Mt JORC Inferred Resource (25 sq km)

  6. Slide 6: EPC1859 Dingo Proposed Work Program

    EPC1859 Dingo TARGET: Rangal Coal Measures Proposed Work Program STATUS: Detailed modelling for drill targeting  Chip/core holes  Multiple seams – 16m to 150m depth  Lithology and structure logging  Sampling / Analysis of coal  Geophysical wireline logging  Remodelling and JORC assessment  As

  7. Slide 7: EPC1996 Church-yard Creek Proposed Work Program

    EPC1996 Church-yard Creek TARGET: German Creek Coal Measures Proposed Work Program STATUS: Modelled, Proposed drilling  Two chip holes  Coking coal - Tieri Seam (~2m thick)  250m – 350m depth with potential for shallower upthrusted fault blocks  Lithology and structure logging  Sampling / Analy

  8. Slide 8: Proposed Drilling Program

    Proposed Drilling Program

  9. Slide 9: Rio Tinto – JV

    Rio Tinto – JV  $2.3 M initial payment  $700,000 exploration program in 24 months  Rio Tinto option to acquire 75% interest in EPC1824  Area Coal put option to sell 25% interest to Rio Tinto  Sale option calculated on resource tonnage Rio Tinto

  10. Slide 10: Rio Tinto - JV

    @ ww Australian Pacific Coal Australian Pacific Coal LEGEND : Hail Creek MDL Areas 4 HE 1 Areas EPCa 1645, 1867 Kilometers

  11. Slide 11: Blackwood - JV

    Blackwood - JV Australian Paci ic Coal { A AGE ; (383.1 km’) EPC1987 (354.1 km’) GEND Operating Coal Mine APC Tenement Coal Resource Area LEGEND . zs Operating Coal Mine APC Tenement Coal Resource Area Road

  12. Slide 12: Blackwood – JV EPC1955

    Blackwood – JV EPC1955 Visit the Cuesta Coal Website: www.cuestacoal.com.au AQC – 10% equity position through to bankable feasibility study on all EPC’s

  13. Slide 13: Enterprise Value (EV) of Listed Coal Sector Explorers and Developers

    ma Australian Pacific Coal Enterprise Value (EV) of Listed Coal Sector Explorers and Developers - November 2011 Enterprise Value (EV) UBS 8 7m ASit 4 Explorers & Developers Median A$0.57/t Aston Macarthur Coal Aquila* Bathurst Whitehaven Coal Coal & Allied Coalspur New Hope Coal* Carabella Resources

  14. Slide 14: Bentonite - Mantuan Downs

    Bentonite - Mantuan Downs re Australian Pacific Coal j LEGEND [24° fa APC Tenement 147° 10 E

  15. Slide 15: Sodium Bi-carbonate

    Sodium Bi-carbonate  ML50207 Kokstad  EPC16629  EPC19039  In discussions with development partners

  16. Slide 16: Summary

    Summary  Strong board with international experience in coal sector.  Experienced exploration and operations team.  Executed JV agreements with high quality partners.  EV/t indicates undervaluation of the company by the market relative to other coal explorers and developers.

  17. Slide 17: Competent Person Statement of Compliance

    Competent Person Statement of Compliance Technical information contained in this report has been prepared in accordance with the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves "The JORC Code" (2004) and reviewed by Mr S.W (Bill) Hayes of S.W. Hayes and Ass

  18. Slide 18: Company details

    Company details ASX: AQC Capital structure: Board: John Bovard Shares: 533M Paul Byrne Options: 30M Peter Ziegler 12 mth trading: $0.022 to $0.095 Paul Ingram Market cap (29/11):$17.6M Level 7, 10 Felix St Ph: 07 3221 0679 Brisbane Qld 4000 Fx: 07 3229 9323 PO Box 16330 City East Q 4002 www.aqcltd.c

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