Macro Metals Limited · ASX:M4M
Macro Metals — Kogi Iron — Investor Presentation (May 2020)
8 slides from Macro Metals's investor presentation, May 15, 2020
Slide 1: Investor Presentation
Nigerian Subsidiary 15 May 2020 INVESTOR PRESENTATION Australian based iron ore and steel development company, Kogi Iron Limited (ASX: LBT) (“Kogi”, “Kogi Iron” or the “Company”), is pleased to release the Company’s updated investor presentation. Approved for release by the Board For more informatio
Slide 2: About Kogi Iron (ASX: KFE)
About Kogi Iron (ASX: KFE) Kogi Iron Limited is a Perth-based company with the objective of becoming a producer of cast steel billet product that can be sold to fabricators of finished steel products through the development of its 100% owned Agbaja Cast Steel project located in Kogi State, Republic
Slide 3: Kogi Iron Limited – Agbaja Cast Steel Project, Nigeria
KOGI IRON LIMITED (ASX: KFE) AGBAJA CAST STEEL PROJECT, NIGERIA Investor Presentation, May 2020 Investment Opportunity & Drivers Project Metrics & Milestones ‘Unique’ Equity Growth Story THE PROJECT: “Integrated Production of Iron Ore and Steel for Import Replacement” Target US$8M Placement to fund
Slide 4: Disclaimer
DISCLAIMER The purpose of this presentation is to provide general information about Kogi Iron Limited (“Kogi” or the “Company”). It is not recommended that any person makes any investment decision in relation to the Company based solely on this presentation. This presentation does not necessarily co
Slide 5: Investment Opportunity & Drivers
Investment Opportunity & Drivers Nigeria: a large, emerging economy reliant on oil & gas revenues with industrial development constrained by high cost supply. Imports all steel raw materials (scrap ~3-5Mtpy) to fabricators ⇒ project is “Import Substitution” to support industrial growth ⇒ no domestic
Slide 6: Project Metrics and Milestones
PROJECT METRICS and MILESTONES “CONFIDENTIAL based on Public Information or NDA’s” Subject to 2020 Feasibility Study with results anticipated in ~Q3CY’21 Positive project metrics based on independent estimates and results of previous evaluation studies by Coffey International, Tenova-Torex-Mintek, F
Slide 7: 'Unique' Equity Growth Story
‘UNIQUE’ EQUITY GROWTH STORY “CONFIDENTIAL based on Public Information or NDA’s” Subject to 2020 Feasibility Study with results anticipated in ~Q3CY’21 ~US$8M private placement planned June 2020 to fund Feasibility Study (~6 months cash preserved) Context: • COVID-19 => OH&S and cash preservation, s
Slide 8: Strong Fundamentals
STRONG FUNDAMENTALS “People, Resource, Market, Government, Timing” Summary Grade and Tonnage for the Agbaja Iron Ore Resource Laterite (Zone A) and Oolitic (Zone B) Horizons (20% Fe lower cut off is applied) Refer ASX announcement 10 December 2013. Classification Tonnes (Mt) Fe (%) Zone A (Laterite