New Age Exploration Limited · ASX:NAE
New Age Exploration — Shareholder Meeting (November 2011)
17 slides from New Age Exploration's shareholder meeting presentation, Nov 9, 2011
Slide 1: New Age Exploration AGM 2011 Investor Presentation
For personal use only New Age Exploration AGM 2011 Investor Presentation 9 November 2011
Slide 2: Important Notices and Forward Looking Statements
IMPORTANT NOTICES AND FORWARD LOOKING STATEMENTS This presentation is for limited circulation to selected recipients. It is provided on a strictly private and confidential basis to be used solely by the recipient and their professional advisors. It must not be made available to, or discussed with, a
Slide 3: Investment Highlights
INVESTMENT HIGHLIGHTS • Successfully advancing the Terranova Hard Coking Coal Project For personal use only – Stage One (mechanisation of existing Terranova mine) • M id JORC H Maiden Hard dCCoking ki C Coall R Resource off 3 3.6Mt 6M • Scoping study nearing completion ‐ no technical fatal flaws & p
Slide 4: Corporate Profile
CORPORATE PROFILE Corporate Snapshot Share Price Performance For personal use only Post AGM3 14.0 $0.18 ASX Code NAE $0.16 12.0 NAE share price (as at 7 Nov 2011) A$0 11 A$0.11 $0.14 10.0 Total shares on issue 109.2m 130.5m $0.12 Share prrice (A$/share) Listed options on issue1 23.3m 23.3m 8.0 $0.10
Slide 5: Colombia – An Emerging Investment Destination
COLOMBIA – AN EMERGING INVESTMENT DESTINATION For personal use only • Colombia in South & Central America Fraser Institute Ranking of South and Central American Countries (2010) – Democracy & free market economy 90 – Investment grade sovereign debt rating 76 78 79 80 75 (S&P: BBB‐) in line with Braz
Slide 6: Colombian Coal Overview
COLOMBIAN COAL OVERVIEW For personal use only • #1 South American coal resource base Major Colombian Coal Basins Thermal Coal 5.0 billion tonnes Coking coal & anthracite 1.4 billion tonnes Sub bituminous 0.4 billion tonnes Total coal 6.8 billion tonnes Source: Colombian Ministry of Mines & Energy •
Slide 7: Terranova Coking Coal Project
TERRANOVA COKING COAL PROJECT Terranova Region Concessions For personal use only • NAE has recently completed 3 transactions in the Terranova region: – Located 40km from Bogota – Hosts high quality medium volatile hard coking coal • 887T (mechanisation of existing Terranova Mine) – Currently in prod
Slide 8: Terranova Stage One – HCC Production Opportunity
TERRANOVA STAGE ONE – HCC PRODUCTION OPPORTUNITY For personal use only • Maiden JORC Resource of 3.6Mt Medium Volatile Hard Terranova Stage 1 Coking Coal Project Coking Coal (HCC) (5.2% ash, 0.6% S, 27.6% VM, FSI of 9) • Currently produces 25ktpa Medium Volatile HCC and is permitted to October 2014
Slide 9: Terranova Stage One - Indicative Operating Parameters
TERRANOVA STAGE ONE ‐ INDICATIVE OPERATING PARAMETERS For personal use only Project Team at Terranova Terranova Mechanisation & Expansion Indicative Operating Parameters Production rate 365ktpa saleable hard coking coal Mine life 1.8 years Capital expenditure US$10‐20m P d ti start Production t t J
Slide 10: Terranova Project - Indicative Project Timeline
TERRANOVA PROJECT ‐ INDICATIVE PROJECT TIMELINE 2011 2012 2013 2014 For personal use only Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Stage 1: Terranova Mine Mechanisation Drilling Scoping Study Feasibility Study & Permitting Construction Production Stage 2: FL2‐151 Mapping & Trenching Drilling Scopin
Slide 11: NAE Partners - Unlocking the Challenge
NAE PARTNERS ‐ UNLOCKING THE CHALLENGE – Leading supplier of mining and mineral For personal use only processing equipment & consulting services to Colombian coal sector – Active in Colombia for over 25 years • Aurora exclusive agency arrangements with European equipment suppliers / consultants • Ca
Slide 12: Cesar Basin Thermal Coal Project
CESAR BASIN THERMAL COAL PROJECT For personal use only • NAE has acquired 3 concessions in world class Cesar Cesar Basin Concessions thermal coal basin – Current Cesar Basin production ~40Mtpa – Forecast to reach 70Mtpa by 2015 – High quality, low sulphur export thermal coal • GJP‐151 (La Miel) – Co
Slide 13: Corporate Activity in the Cesar Basin
CORPORATE ACTIVITY IN THE CESAR BASIN Corporate Activity in the Cesar Basin For personal use only • Profile of Cesar Basin has significantly increased as a result of recent corporate activity • Itochu acquisition of 20% interest in Drummond (June 2011) – Itochu acquired a 20% interest in Drummond’s
Slide 14: Colombian Logistics
COLOMBIAN LOGISTICS Current For personal use only • FENOCO operated concession • Extensive highway network and large trucking fleet – coal and coke trucked to Atlantic and Pacific export ports (up to 1,000km) • Multiple port options Future • FENOCO railway expansion to 100Mt by 2015 • CARARE railway
Slide 15: Investment Case Summary
INVESTMENT CASE SUMMARY For personal use only 1. Maiden JORC Resource of 3.6 Mt hard coking coal for Terranova Project Stage One 2 SScoping 2. i Study S d nearing i completion l i defines d fi positive i i economic i parameters for f the h Terranova Project Stage One 3. Initial Terranova Stage One i
Slide 16: JORC Resource Statement
JORC RESOURCE STATEMENT Terranova Project Measured Mt 0.5 For personal use only Stage One (887T) Indicated Mt 1.1 Hard Coking Coal Inferred Mt 2.0 Total Mt 3.6 JORC CONCEPTUAL EXPLORATION TARGETS FL2‐151 Hard Cokingg Coal Mt 10‐18 JBI‐11091 Hard Coking Coal Mt 20‐40 Total Hard Coking Coal Mt 30‐58 G
Slide 17: For Further Information Please Contact
FOR FURTHER INFORMATION PLEASE CONTACT: Gary Fietz, Managing Director, New Age Exploration For personal use only Telephone: +61 3 9614 0600 Email: [email protected] 17
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