Metro Mining Limited · ASX:MMI

Metro Mining — QEC Explorers Investor Forum April 2015

16 slides from Metro Mining's conference presentation, April 2015

  1. Slide 1: Diversified Commodities – Deliberate Focus

    Diversified Commodities – Deliberate Focus ASX : MMI | QEC Explorers Investor Forum| April 2015

  2. Slide 2: Disclaimer

    DISCLAIMER Statements and material contained in this Presentation, particularly those regarding possible or assumed future performance, production levels or rates, commodity prices, resources or potential growth of Metro Mining Limited, industry growth or other trend projections are, or may be, forw

  3. Slide 3: Metro Mining – Who We Are

    Metro Mining – Who We Are (ASX : MMI) Metro Mining is an Australian diversified commodities company based in Brisbane, Queensland. The company explores globally for mineral development opportunities believing commodity diversification delivers better shareholder value and makes the company a more at

  4. Slide 4: Share Price Appreciation

    SHARE PRICE APPRECIATION Metro’s (ASX:MMI) share price increased from 2.7 cents on 31 December 2014 to 5.8 cents on 31 March 2015, which represented a 115% increase in the price. The trend has continued, since the end of the quarter, with the closing price on 27 April 2015 being 9 cents representing

  5. Slide 5: Bauxite is the Primary Ore of Aluminium

    Bauxite is the Primary Ore of Aluminium Approx 5 tonnes of bauxite is required to produce 1 tonne of Aluminium Page 5 | ASX : MMI | QEC Explorers Investor Forum | April 2015

  6. Slide 6: Right Commodity – Increased Demand

    Right Right Commodity Commodity –– Increased Demand Demand Increases Historical Trend  Bauxite demand has outstripped supply due  High CIF Bauxite Price spike in 2009 to Indonesian ban on raw material export. shows the volatility of shipping costs. $70 Average price of Chinese bauxite imports US$/

  7. Slide 7: Right Location – Ocean Freight Advantage

    Right Location – Ocean Freight Advantage  Located close to international shipping  Cape York bauxite quality and characterises routes with low freight costs to China. well known to Chinese and other international alumina refineries.  Cape York has high quality, export grade bauxite with high alum

  8. Slide 8: Right Project – 21 year Mine Life

    Right Project – 21 year Mine Life  Simple DSO Project  Low CAPEX and OPEX  Production Q3 2016  Excellent NPV and Cash Flow 8

  9. Slide 9: Simple Operation: Mining and Transportation

    Simple Operation 1. Mining clear vegetation & remove overburden return overburden & replace topsoil - then revegetate strip mine bauxite Overburden (~0.5m) DSO Bauxite Horizon (~1.75m) Ironstone Mottled Zone 2. Transportation Haul ore 5-10km to stockpile & barge loading. Tranship ore 10km down Skard

  10. Slide 10: Right Commodity – Future Pricing

    Right Commodity Right Commodity – FutureIncreases – Demand Pricing Future Trend  MMI well placed to meet China’s need for an alternate supplier.  Global growth in Aluminium consumption; especially China.  First discussions held with MMI shareholder Xinfa Group regarding interest in negotiating Of

  11. Slide 11: Right Economics – Low CAPEX and OPEX

    Right Economics Right Commodity – Low CAPEX and – Demand OPEX Increases Capital Expenditure Operational Expenditure Cost (A$M) Cost (A$/t) 2016 Construction Capex Operational Cost AUD Pre-Feasibility Pre-feasibility Mine Access (Haul Road) 2.8 Mining Cost to ROM stockpile 3.03 Mine & barge Loading I

  12. Slide 12: Right Economics – Key Results

    RightCommodity Right Economics – KeyIncreases – Demand Results Key Results A$ Real (unless stated otherwise) Bauxite Hills Pre-Feasibility NPV (15%) Real after tax A$197M IRR (100% Equity) 88% Mine life 21 years 2016 Construction Capex A$27.4M LOM sustaining CAPEX (Excl. 2016) A$18.1M Average Operat

  13. Slide 13: Deliberate Focus – Bauxite

    Deliberate Focus – Bauxite Project Bauxite Hills – Great Fundamentals  Direct Shipping Ore (DSO) product  Total Resource 61.5Mt (indicated and Inferred)  2Mtpa with 21 years* mine life – significant project  Simple construction and operation  Low CAPEX and OPEX  Positive Market Fundamentals 

  14. Slide 14: Development Schedule

    Development Schedule Completed Resource Estimate: 47Mt Completed Pre-Feasibility Study | Feb 2015 and increased Resource to 61.5 Mt Lodge Documents Draft EA Approval First Shipment FS Results Fully Funded Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Feasibility Study (FS) Environmental Approvals Financing Right To Negot

  15. Slide 15: Right Investment

    RIGHT INVESTMENT  Right Commodity  Global growth in Aluminium  Right Project consumption  Near term Production  Increased demand for Bauxite in  Simple DSO Project China  DSO Quality Bauxite  Long Mine Life  Low CAPEX and OPEX  Right Location  Xinfa and Metro Mining investigating  Wester

  16. Slide 16: Corporate & Contact Details

    CORPORATE & CONTACT DETAILS ISSUED CAPITAL (31 December 2014) EXECUTIVE MANAGEMENT TEAM shares issued | 288,698,682 Mr Simon Finnis | Chief Executive Officer Unlisted employee and Mr Scott Waddell | CFO & Company Sec Directors’ Options | 2,000,000 Mr Mike O’Brien | Project Director Shareholders | 2,

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