Jameson Resources Limited · ASX:JAL
Jameson Resources — Investor Presentation (November 2021)
23 slides from Jameson Resources's investor presentation, Nov 24, 2021
Slide 1: Capital Raising Presentation: Placement and Share Purchase Plan
For personal use only Jameson Resources Capital Raising Presentation Placement and Share Purchase Plan November 2021 1
Slide 2: Crown Mountain - a new era in steelmaking coal
Jameson Resources Crown Mountain - a new era in steelmaking coal For personal use only • Premium hard coking coal sought after by global steelmakers to help increase blast furnace efficiency and lower carbon emissions Right Project • Low strip-ratio open-pit resource with attractive operating margin
Slide 3: Equity raising to progress Crown Mountain
Equity raising to progress Crown Mountain Overview Crown Mountain HCC Project JAL has received binding commitments to raise $2.86m at 7.0c per share via a two tranche share placement: For personal use only • Tranche 1 - $2.75m raised by issue of shares to existing shareholders under the Company’s ex
Slide 4: About Jameson Resources
About Jameson Resources • Jameson is an ASX listed pure steelmaking Share Capital For personal use only coal developer ASX ticker JAL Sustainable growth to • Primary focus is its flagship asset, the Crown Share Price (15 Nov 2021) A$0.086 maximise enterprise Mountain Hard Coking Coal (HCC) Project S
Slide 5: Jameson Board of Directors
Jameson Board of Directors For personal use only Nicole Hollows Michael Gray Joel Nicholls Steve van Barneveld Independent, Non –Executive Managing Director Non-Executive Director Independent, Non-Executive Chairman Director • Greenfield coal project approvals, development and operations Highly expe
Slide 6: Strategic Roadmap
Strategic Roadmap We will deliver value OUR PURPOSE Responsibly supplying raw materials essential to improving people's lives... For personal use only through development of our Crown Mountain Project in An independent supplier of raw materials committed to safeguarding the environment and BC, Canad
Slide 7: Steelmaking Coal at unprecedented historical record prices
Steelmaking Coal at unprecedented historical record prices For personal use only Steelmaking coal is at unprecedented record prices due to: Global Premium Hard Coking Coal Prices - 2010 to Present • Continued high global steel production as key building block for post- $450 Covid global commodity ec
Slide 8: Steel – the catalyst for economic development
Steel – the catalyst for economic development Global Steel Production Since 2000 For personal use only • Steel is the world’s second largest commodity value chain and 2,000 the most important building material for engineering, 1,800 construction and manufacturing Annual Production (Mt) 1,600 1,400 1
Slide 9: Supply Risk – delayed progress on new production
Supply Risk – delayed progress on new production Project Original Timing Status Current Timing For personal use only Eagle Downs 2017 South32 and Aquila abandoned development due to excessive capital cost. Project up for sale Unknown Olive Downs 2019 Project not yet able to secure Mining Leases over
Slide 10: Jameson – Striving to be an ESG leader in Met Coal Developers
Jameson – Striving to be an ESG leader in Met Coal Developers Planet People Prosperity For personal use only Minimise Crown Mountain’s carbon footprint whilst Our people are central to achieving sustainable We are committed to being a valued community ensuring economic outcomes are achieved outcomes
Slide 11: Crown Mountain Hard Coking Coal Project
Crown Mountain Hard Coking Coal Project For personal use only Located within globally • The Elk Valley steelmaking coalfields in British Colombia, Canada which are recognised coal basin and home to Teck, the world’s second largest coking coal exporter first-class mining • British Columbia has signif
Slide 12: Appendix: Project Details
For personal use only Appendix: Project Details
Slide 13: Project Overview
Project Overview For personal use only • Shallow open pit development – North, East and South pits • Life of mine (LOM) 15 years • Product mix: 86% HCC/14% PCI • Years 1-4: clean coal production: 2.3 Mtpa • LOM average clean coal production: 1.95 Mtpa • LOM clean coal strip ratio: 9.5:1 • Coal Handl
Slide 14: Bankable Feasibility Study – July 2020
Bankable Feasibility Crown Study – July 2020 Mountain Overview The BFS was undertaken by Stantec Consulting’s (Vancouver Office) as Study Manager, with key contributors For personal use only Sedgman Canada Limited (a member of CIMIC Group) and SRK Consulting, assessing: • Geology and resource develo
Slide 15: Product Optimisation Study – August 2021
ProductCrown Optimisation Study – August 2021 Mountain Overview • The Product Optimisation Study identified the substantial uplift in product yield by For personal use only increasing target product ash levels from the Project by increase the ash from 9.5% to 10.5% for North and East pits product, a
Slide 16: Additional BFS Optimisation Opportunities
Additional BFS Optimisation Opportunities For personal use only • The BFS identified a number of Optimisation Opportunities Status/Timing opportunities for optimisation of the Project to further enhance Production of Higher Ash Product Completed August 2021 economic return, reduce development and pr
Slide 17: World-class opencut Resources and Reserves
World-class opencut Resources and Reserves Crown Mountain Resources and Reserves For personal use only • Coal Resources of 90.2Mt are well Measured & Measured, Indicated understood and defined RESOURCES (Mt) Measured Indicated Indicated Inferred & Inferred • More than 70% of Resource is at North Blo
Slide 18: Coking Coal Quality – CSR and Volatile Matter
Coking Coal Quality – CSR and Volatile Matter For personal use only Crown Mountain Hard Coking Coal Ø High CSR (Coke Strength after Reaction) Ø Low volatile matter (VM) • High CSR and low VM are critical coke- making characteristics that determine demand and relative market position for coking coals
Slide 19: Mining and Production Scheduling
MiningCrown andMountain Production Mine Scheduling For personal use only Waste ROM Coal Strip Ratio Product Strip Ratio Pit MBcm Mt Bcm/t ROM Coal Mt Bcm/t Saleable North & East 73.6 18.0 4.1 10.3 7.2 South 196.5 39.5 5.0 18.2 10.8 Total 270.1 57.5 4.7 28.5 9.5 • Mine scheduling sees mining start in
Slide 20: Development Timeline
Development Timeline For personal use only 2021 2022 2023 2024 2025 ACTIVITY Mar Jun Sep Dec Mar Jun Sep Dec Mar Jun Sep Dec Mar Jun Sep Dec Mar Jun Sep Dec • EA approval is critical path towards project development Qtr Qtr Qtr Qtr Qtr Qtr Qtr Qtr Qtr Qtr Qtr Qtr Qtr Qtr Qtr Qtr Qtr Qtr Qtr Qtr • De
Slide 21: Crown Mountain Project
Crown Mountain Project The most advanced steelmaking coal project in Canada IEA – Coal 2020 • LOCATION – A tier one jurisdiction in a high quality coking coal basin with For personal use only skilled workforce, supportive community and Government • RESOURCE – Shallow open-pit resource of 86% Premium
Slide 22: Disclaimer
Disclaimer For personal use only DISCLAIMER This presentation has been prepared by the Company based on information from its own and third party sources and is not a disclosure document. No party other than the Company has authorised or caused the issue, lodgement, submission, despatch or provision
Slide 23: Disclaimer: Forward Looking Statements
Disclaimer For personal use only FORWARD LOOKING STATEMENTS This presentation contains forward-looking statements. Wherever possible, words such as “intends”, “expects”, “scheduled”, “estimates”, “anticipates”, “believes”, and similar expressions or statements that certain actions, events or results
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