Podium Minerals Limited · ASX:POD
Podium Minerals — Investor Presentation (August 2019)
18 slides from Podium Minerals's investor presentation, Aug 2, 2019
Slide 1: Next Steps Towards Australia's First PGM Mine
For personal use only NEXT STEPS TOWARDS AUSTRALIA’S FIRST PGM MINE 15% OF TARGET A REA D RILLED FOR 740 KOZ OF P LATINUM , PALLADIUM AND G OLD RIGHTS ISSUE TO GROW RESOURCES AUGUST 2019 ASX: POD | www.podiumminerals.com
Slide 2: Important Notice
IMPORTANT NOTICE For personal use only This Rights Issue Presentation (Presentation) has been prepared by Podium Minerals Limited (ACN 009 200 079) (Company). The information contained in this Presentation has been prepared in good faith by the Company, however no representation or warranty expresse
Slide 3: A Unique ASX Investment Opportunity
A UNIQUE ASX INVESTMENT OPPORTUNITY ➢ For personal use only Podium is highly leveraged to the PGM market with its Parks Reef deposit in Mid-West Western Australia ➢ Parks Reef consists of a 15km strike of thick, continuous, near surface platinum group metal (PGM) and gold mineralisation plus base me
Slide 4: Company Snapshot
COMPANY SNAPSHOT For personal use only Capital Structure (pre-Rights Issue) Directors (refer slide 17) % shareholding Shares on Issue 95,664,967 Clayton Dodd Chairman 20.1% Market Cap (undiluted at 7.2c/share) $6.9m Russell Thomson CFO 5.8% Cash on hand (30 Jun 2019) $0.1m Roberto Castro NED 11.0% O
Slide 5: Rights Issue
RIGHTS ISSUE OFFER USE OF FUNDS 5 For personal use only ➢ Offer to existing shareholders of 2 new shares for every 3 shares held (2 for 3) at 3.0c per share Item $’000 ➢ To raise up to $1.9m before costs by issuing Exploration - Parks Reef 800 63.8m new shares: Native Title payments 250 Ordinary Fun
Slide 6: Delivering Results
DELIVERING RESULTS For personal use only ASX listing Maiden Mineral Resource Parallel reef exploration 340koz PGM in Parks Reef new discovery potential 28 Feb 2018 16 Oct 2018 Q3 / Q4 2019 Initial drill results Step out drilling along strike Resource extension 13 Apr 2018 confirm mineralisation cont
Slide 7: Strategy and Value Growth
STRATEGY AND VALUE GROWTH KEY ACTIVITIES TO UNLOCK VALUE OF PARKS REEF For personal use only ➢ Resource Extension Drilling – 10.5km of strike length remaining • Staged completion of 9,000m to 10,000m drilling 1. H2 2019 - circa 1,000m RC step out drilling to confirm continuity along strike and ident
Slide 8: Podium Minerals Asset Base
PODIUM MINERALS ASSET BASE For personal use only WRC GEOLOGICAL COMPLEX ➢ Flagship Parks Reef PGM deposit lies within the Weld Range Complex (WRC) in the Mid West Region of Western Australia ➢ Granted Mining Leases with an area of 77km2 covering the entire WRC ➢ Mining Agreement with Native Title Pa
Slide 9: Parks Reef
PARKS REEF PGM – GOLD – BASE METALS For personal use only ➢ Near surface PGM mineralisation identified over a 15km strike length – with Podium drilling completed over 4.5km in western and central zones ➢ Drilling has demonstrated a thick and steeply dipping mineralised reef consisting: • PGM horizon
Slide 10: Drilling and Resources
DRILLING AND RESOURCES For personal use only Rights Issue Presentation – August 2019 Slide 10
Slide 11: Mineral Resources and Exploration Target
MINERAL RESOURCES AND EXPLORATION TARGET MINERAL RESOURCES BASED ON WESTERN AND CENTRAL ZONE DRILLING For personal use only ➢ Inferred JORC Mineral Resource Estimate for Parks Reef7 containing a total of 740,000 ounces of combined platinum, palladium and gold plus base metal credits: Tonnes Pt Pd Au
Slide 12: Platinum Group Metal (PGM) Market
PLATINUM GROUP METAL (PGM) MARKET PLATINUM For personal use only 30 DAY PRICE US$808 - US$881/oz ➢ Rare precious / industrial metal with unique catalytic and physical properties ➢ World production dominated by South Africa (73%), Russia (11%) and Zimbabwe (8%) ➢ Diverse use in autocatalysts, jewelle
Slide 13: What is a PGM Ounce Worth? Investment Proposition
WHAT IS A PGM OUNCE INVESTMENT PROPOSITION: IN RESOURCE WORTH? ➢ For personal use only Approximately 5,000m of drilling by Podium over 4.5km of the 15km strike length of Parks Reef to a depth of 100m delivered Mineral Resources containing 740,000 ounces 3E PGM within 100m of surface ➢ The Exploratio
Slide 14: Additional Information
For personal use only ADDITIONAL INFORMATION Rights Issue Presentation – August 2019 Slide 14
Slide 15: Mineral Resources
MINERAL RESOURCES For personal use only Inferred Mineral Resource for Parks Reef PGM Horizon Tonnes Pt Pd Au 3E PGM Cu Ni Horizon Mt g/t g/t g/t g/t % % Oxide 1.4 0.83 0.45 0.27 1.55 0.23 0.11 PGM - Upper Fresh 2.0 0.85 0.43 0.29 1.57 0.20 0.09 Sub-total 3.4 0.84 0.44 0.28 1.56 0.21 0.10 Oxide 6.6 0
Slide 16: PGM Market Balance
PGM MARKET BALANCE For personal use only Supply / Demand Balance Platinum '000 oz 2013 2014 2015 2016 2017 2018 Supply Mine Supply 5,846 5,153 6,107 6,094 6,123 6,113 Recycling 2,013 2,061 1,712 1,934 2,047 2,105 7,859 7,214 7,819 8,028 8,170 8,218 Demand Autocatalyst 2,937 3,063 3,263 3,344 3,248 3
Slide 17: Board and Management
BOARD AND MANAGEMENT Clayton Dodd -- Non-Executive Chairman For personal use only Clayton is a Chartered Accountant with more than 30 years’ experience in finance and resources in Australia, South Africa and South America. He has held directorships in public companies listed on AIM, the ASX, the TSX
Slide 18: For personal use only
For personal use only
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