Prospect Resources Ltd. · ASX:PSC
Prospect Resources — Investor Presentation (February 2019)
19 slides from Prospect Resources's investor presentation, Feb 4, 2019
Slide 1: Corporate Presentation
For personal use only Corporate Presentation Invest in the development of Africa’s flagship lithium project February 2019
Slide 2: Disclaimer
For personal use only Disclaimer The information contained in this presentation or subsequently provided to any recipient of this presentation whether orally or in writing by or on behalf of Prospect Resources Ltd (“Prospect Resources or the Company”) or its respective employees, agents or consultan
Slide 3: Prospect Resources Overview
For personal use only Prospect Resources Overview Emerging lithium and battery minerals company Strategically Focused Prospect’s flagship project is the Arcadia Lithium Project located on the outskirts of Harare in Zimbabwe. 87% 1 ownership of the leading Arcadia Lithium Project, located near Zimbab
Slide 4: Corporate Summary
For personal use only Prospect Resources Overview Corporate Summary _____________________ Market Data Share Price Graph Market Announcements Shares Outstanding 2,046m 11th Dec PSC exports lithium carbonate samples 03rd Dec Groundbreaking ceremony for Arcadia Lithium Project Market Capitalisation (A$
Slide 5: Board of Directors
For personal use only Board of Directors _____________________ _____________________ Hugh Warner B.Eco Sam Hosack B.Eng (Hon), MBA, GAICD Duncan (Harry) Greaves B.Sc (Agriculture) Executive Chairman Managing Director Executive Director Mr Hosack is a third generation Zimbabwean with over 15 years ex
Slide 6: Arcadia Definitive Feasibility Study (DFS) Summary
For personal use only Arcadia Definitive Feasibility Study (DFS) Summary Delivers strong project economics driven by scale, low cost of operations and proximity to infrastructure _____________________ • Average annual concentrate production of approximately 212,000t of 6% spodumene, 216,000t of 4% p
Slide 7: Financial Evaluation
For personal use only Financial Evaluation Financial validation to transition into development _____________________ Operation Parameters Units Value Financial Summary Units Value Life of mine modelled (All open pit) Years 12 Average Annual Free Cashflow from operations (pre-tax) USDM 104 Plant thro
Slide 8: Arcadia Lithium Project
For personal use only Arcadia Lithium Project A conventional open pit mining operation _____________________ Arcadia Lithium Deposit Ore Reserve Estimate Arcadia’s Resources geographic location provides strategic Category Tonnes (Mt) Li2O (%) Ta2O5 (ppm) Li2O (t) Ta2O5 (Mlbs) Fe2O3 (%) advantages fo
Slide 9: Standard Conventional Hard Rock Pegmatite Processing
For personal use only Standard Conventional Hard Rock Pegmatite Processing Strong lithium and tantalum recovery _____________________ 3 Products & Recovery Processes 1. Petalite Recovery (Gravity) - High grade petalite concentrate (4%) 2. Tantalum Recovery (Low/High intensity magnetic) - High grade
Slide 10: Project Implementation
For personal use only Project Implementation Path forward to financing, development and production _____________________ 10
Slide 11: Arcadia Lithium Project
For personal use only Arcadia Lithium Project Well positioned globally in terms of size and grade _____________________ Note: Hard rock refers to all pegmatite hosted lithium deposits only. Ore reserve estimates for projects other than Arcadia have been sourced from company public domain sources. Th
Slide 12: Lithium Market
For personal use only Lithium Market Arcadia’s products are suitable for multiple end use sectors _____________________ Management believe that Arcadia is one of only a handful of deposits in the world that can: • supply low iron lithium concentrates (Petalite) to the glass and ceramics industry; an
Slide 13: Lithium Market Outlook
For personal use only Lithium Market Outlook _____________________ • Lithium demand in 2018 was estimated to be just over 250 kt LCE, forecast to increase to about 290 kt LCE in 2019 and around 1,000 kt LCE by 2025.* • The rechargeable battery sector is expected to increasingly dominate lithium dema
Slide 14: Offtake Partner: Sinomine Resource Group
For personal use only Offtake Partner Sinomine Resource Group _____________________ Offtake Agreement Details • Offtake Agreement for approx. 30% of annual production over mines first 7 year’s: - 40,000tpa of Spodumene Concentrate (6% Li2O); and - 112,000tpa of Petalite Concentrate (4% Li2O); • Pric
Slide 15: Investment Highlights
For personal use only Investment Highlights _____________________ African focused Well Positioned Offtake Agreement ASX listed Strong Project Path Forward to in Place and Lithium Resource Economics Financing, Emerging Lithium in Regards to Both Positioned to and Battery Demonstrated in Development a
Slide 16: Contacts
For personal use only Contacts _____________________ Investors Nick Rathjen General Manager, Corporate Affairs nrathjen@prospectresources.com.au Media info@prospectresources.com.au 16
Slide 17: Appendix A - Arcadia Mineral Resource Estimates
For personal use only Appendix A - Arcadia Mineral Resource Estimates _____________________ High Grade Zone - 1% Li2O Cut-off* Category Tonnes Li2O % Ta2O5 ppm Li2O Tonnes Ta2O5 Mlbs Measured 10,200,000 1.45% 132 148,100 3.0 Indicated 27,200,000 1.39% 119 378,400 7.1 Inferred 5,800,000 1.45% 97 84,0
Slide 18: Appendix B - Arcadia Ore Reserve Estimate
For personal use only Appendix B - Arcadia Ore Reserve Estimate _____________________ Contains ~868,000 tonnes of Lithium Carbonate Equivalent (LCE) Arcadia Lithium Deposit Ore Reserve Estimate (>1% Li2O)* Fe2O3 (%) Category Tonnes Li2O (%) Ta2O5 (ppm) Li2O (t) Ta2O5 (Mlbs) Proved 8,000,000 1.36 128
Slide 19: Appendix C - Zimbabwe
For personal use only Appendix C - Zimbabwe A rich history in mineral exploration and mining _____________________ • Zimbabwe has a vast mineral wealth including platinum, chrome, gold, lithium, coal, tin, copper, limestone, coalbed methane, natural gas, granite and more. * • Zimbabwe has the 2nd la
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