Pls Group Limited · ASX:PLS
Pls — Pilbara Minerals — Resource Rising Stars (September 2014)
19 slides from Pls's conference presentation, Sep 30, 2014
Slide 1: Production, Cash Flow, Growth
For personal use only Produc'on, Cash Flow, Growth An emerging Australian strategic metals producer – September 2014 Investor Update
Slide 2: Disclaimer and Competent Person's Statement
Disclaimer and Competent Person’s Statement Disclaimer For personal use only • This presentation may contain some references to forecasts, estimates, assumptions and other forward-looking statements. Although the company believes that its expectations, estimates and forecast outcomes are based on re
Slide 3: Investment Highlights
Investment Highlights • An emerging, low-cost producer of tantalum and lithium For personal use only • Portfolio of two substantial near-production assets in the Pilbara • Located within 100km of Port Hedland – excellent infrastructure • Imminent production and cash flow from Tabba Tabba Tantalum Pr
Slide 4: Corporate Overview
Corporate Overview ASX CODE: PLS Capital Structure ASX: PLS $0.040 8 Millions For personal use only Shares on issue 594 million $0.035 Trading volume PLS share price 7 $0.030 6 Convertible notes 1.5 million @ $1.00 each $0.025 5 Market capitalisation $20 million @ 3.2¢ $0.020 4 $0.015 3 Top 20 share
Slide 5: Tantalum – Rare and Highly Valuable
Tantalum – Rare and Highly Valuable • Classified as a rare or specialty metal For personal use only • Refined tantalum (99.99% Ta) has a market value between US$800,000 and US$1.2M per tonne • Tantalite, Ta2O5 has an approximate market value of US$200,000 per tonne • Largest deposits located in Aust
Slide 6: Quality Strategic Partners
Quality Strategic Partners Nagrom 5 Year Mining and For personal use only Off-‐take Agreement • Project Manager, large PLS shareholder (4.2%) with GAM • World-recognised metallurgical laboratory and processing engineers tantalum processing specialists since 1978 • Nagrom metallurgical staff will ope
Slide 7: Tabba Tabba Tantalum Project
Tabba Tabba Tantalum Project • Very high grade tantalum project For personal use only • Four Mining Licences granted: M45/354; M45/375; M45/376 and M45/377 • Environmental approvals completed • Fully funded, capex of only $5.0 million ($2.5m already spent) • Mine in construction • Processing plant 9
Slide 8: Pilbara Minerals Project Benchmarking
Pilbara Minerals Project Benchmarking For personal use only 0.140 Tantalum Projects and Mines 0.120 0.100 Tantalite Grade (% Ta2O5) 0.080 0.060 0.040 0.020 0.000 8
Slide 9: Tabba Tabba Ore Reserve Upside
Tabba Tabba Ore Reserve Upside • Past exploration and drilling focused on high grade For personal use only zone • Ore reserve converts 84% of the estimated measured & indicated mineral resource • Ore Reserve Category Tonnage Grade Tantalite Proven 32,000 t 1,420 ppm Ta2O5 100,178 lb Probable 101,000
Slide 10: Tabba Tabba Pegmatite – Open Pit Zone looking south
Tabba Tabba PegmaMte – Open Pit Zone looking south For personal use only Outcrop of mineralised pegmatites Pit outline 10
Slide 11: Tabba Tabba Tantalum Project – Strong Growth Potential
Tabba Tabba Tantalum Project – Strong Growth PotenMal • Tabba Tabba pegmatite only drilled in high grade zone, up For personal use only and down dip and along strike extensions to be drill tested in September 2014 • Tabba Tabba resource remains open in every direction • Exploration targets at Tabba
Slide 12: Tabba Tabba Tantalite Processing Plant
Tabba Tabba Tantalite Processing Plant For personal use only DMS Screens Jigs Feed Bin • Crushing and gravity plant rated at 120,000tpa on single shift Ball Mill • Upgradeable to 250,000tpa with Spirals additional ball mill and spirals • Upgradeable to 500,000tpa with working Trommel 2 x 10 hour shi
Slide 13: Pilgangoora Lithium-Tantalite Project
Pilgangoora Lithium-‐Tantalite Project • 100% owned world class Lithium and Tantalite resource within For personal use only Mapped Pegmatites contiguous block of 3 Mining Licences, 2 Exploration Licences PLS • Maiden Inferred Resource of 10.4Mt @ 0.024% Ta2O5 containing Mineral Resource 5.5Mlb of T
Slide 14: Timetable for Tabba Tabba Production – Resource Upgrades
Timetable for Tabba Tabba ProducMon – Resource Upgrades Q3 2014 Q4 2014 Q1 2015 For personal use only ü Complete $2.5M capital raising • Complete construction of Tabba Tabba treatment plant ü Complete lodgement of Statutory Works • Commission treatment plant at Nagrom Approval Application, Mine Pl
Slide 15: Appendix
For personal use only Produc'on, Cash Flow, Growth APPENDIX
Slide 16: Tantalum – Rare and Precious
Tantalum – Rare and Precious $140 For personal use only Tantalite Prices $120 $100 $80 US$/lb $60 $40 $20 $0 Source: Metal Prices, Terra Studio 16
Slide 17: Tantalum – Characteristics and Uses
Tantalum – CharacterisMcs and Uses • Characteristics: Tantalum is a hard, dense, blue-grey metal with a melting point of For personal use only 3017°C that combines readily with other refractory metals to form ‘super alloys’. It has high tensile strength, is extremely malleable and ductile, and is al
Slide 18: Tantalum – Lithium Metallogenic Model
Tantalum – Lithium Metallogenic Model For personal use only Figure 3 : Pilbara Regional Geology and Structural features Typical Fractionation Paradigm of Pegmatites from the Parent Magma Figure 4 : Typical Fractionation Paradigm of Pegmatites from the Parent Magma 18
Slide 19: Tabba Tabba Main Pegmatite
Tabba Tabba Main PegmaMte For personal use only Massive quartz core of the main Tabba Tabba pegmatite dyke (looking south). While quartz mass rises to about 2.5m above the natural land surface Detail of the Tabba Tabba pegmatite quartz core. Shows surficial tantalite (dark grey) 19
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