Admiralty Resources NL · ASX:ADY
Admiralty Resources NL — Shareholder Meeting (November 2009)
6 slides from Admiralty Resources NL's shareholder meeting presentation, Nov 16, 2009
Slide 1: Annual General Meeting, Monday 16 November 2009
For personal use only ANNUAL GENERAL MEETING MONDAY, 16 NOVEMBER 2009 Admiralty Resources NL ABN 74 010 195 972 Registered in Australia Registered Office: Level 14, 200 Queen Street Melbourne Victoria 3000 Australia Tel: +61 3 9642 8787 Fax: +61 3 8677 6949
Slide 2: Balance Sheet
BALANCE SHEET For personal use only 30/06/2008 1/11/2008 31/12/2008 30/06/2009 16/11/2009 YA GLOBAL A$7.28m A$17.7m A$17.38m A$6.4m - INVESTMENTS L.P. HAWKSWOOD INVESTMENTS A$10.18m A$11.75m - - - PTY LTD CONVERTIBLE - A$1.9m A$400,000 - - NOTES OWNERSHIP SCM VALLENAR IRON 60% 60% 60% 100% 100% COMP
Slide 3: Last Year in a Nutshell
LAST YEAR IN A NUTSHELL For personal use only NOVEMBER 2008 NOVEMBER 2009 Increase in company assets and gain smoothness at management level. Settlement of all legal issues. Liquidation of all outstanding debt: A$11.8m to Hawskwood Investments Pty Ltd’s Receivers in December 2008 A$1.9m ow
Slide 4: Vallenar Iron Tenure
For personal use only Vallenar is located 64 Km Inland from the deep natural Harbour of Huasco. Vallenar Iron Tenure Geology and Explorations Department - Gerencia de Geología y Exploraciones
Slide 5: Vallenar Iron's Properties at a Glance
VALLENAR IRON’S PROPERTIES AT A GLANCE CHILEAN IRON ORE BELT OUR TENURE (11,000 Ha) For personal use only Cerro Imán (Santa Fe) Copiapó Pampa Tololo (5,500 Ha) Manto Negro (Vechiolla) Boquerón Chañar (Hostchild, 500 mt) Los Colorados (CMP, 245 mt) Huasco Las Sosas, Huanteme, Chañar Quemado (CMP, 73
Slide 6: FOB Price per Tonne
FOB PRICE PER TONNE Based on mining a minimum of 10 years at a conservative production rate of 2,500,000 tonnes per annum For personal use only Capital Works x $1000 Cost per tonne Comments RAILWAY UPGRADE $36,175 $3.15 Rebuild every 5 years BRIDGES $600 $0.25 Annualized cost TRAIN & OFF MINE MOBILE
Admiralty Resources NL — Shareholder Meeting (November 2009) on 6ix