Bannerman Energy Ltd · ASX:BMN

Bannerman Energy — Shareholder Meeting (November 2009)

16 slides from Bannerman Energy's shareholder meeting presentation, Nov 24, 2009

  1. Slide 1: Annual General Meeting Company Presentation

    For personal use only Annual General Meeting Company Presentation Len Jubber, CEO 24 November 2009

  2. Slide 2: Forward Looking and Technical Disclosures

    Forward Looking and Technical Disclosures For personal use only This presentation contains certain forward-looking information about the Company that is intended to be covered by the safe harbour for “forward-looking statements” provided by the Private Securities Litigation Reform Act of 1995, as am

  3. Slide 3: Our vision: a globally significant and responsible uranium producer

    For personal use only Our VISION is to create a globally significant and responsible uranium producer. Page 2

  4. Slide 4: Last Months: Building the foundation for growth

    Last 12 Months Building the foundation for growth For personal use only • Secured study financing Share Price (A$) 24 Nov 08 – 23 Nov 09 • Secured tenure of Etango licence 1.60 1.40 • Management team & Board 1.20 • Increased resource base 1.00 0.80 • Near-surface resource extensions 0.60 0.40 • Iden

  5. Slide 5: Etango – world class uranium asset

    Etango – world class uranium asset Right Place, Right Scale, Right Time For personal use only 20 GL Plant Commissioned Valencia/Forsys Trekkopje/Areva (Areva) (81 Mlbs) (157 Mlbs) Bannerman Tenements Road Power Line Rössing/Rio Railway (historically +425 Mlbs) Proposed 25 GL Plant Primary Uranium De

  6. Slide 6: Value Drivers

    Value Drivers For personal use only 1. Execution Capability 2. Licence to Operate 3. Project Development Model 4. Financing Model Page 5

  7. Slide 7: Execution Capability

    Execution Capability Comprehensive skill set at Geoff Stanley, Chairman Board level • Equity Markets For personal use only • Audit Committee Ronnie Beevor James McClements • Finance, Accounting • Finance, Equity Markets • Audit Committee (Chair) • Remuneration , Corporate • Remuneration, Corporate G

  8. Slide 8: Execution Capability: Experienced Executive Management Team

    Execution Capability Experienced Executive Management Team Len Jubber For personal use only CEO & Managing Director Mining Engineer Peter Kerr John Turney Chief Financial Officer Project Director Chartered Accountant Metallurgist Brandon Munro, GM Corporate Development Lawyer Ann Gibbs Peter Christi

  9. Slide 9: Licence to Operate

    Licence to Operate Comprises both regulatory and social licence For personal use only High impact Need for • Employment Responsibility Development • Education & training • Community building Rewards for Business case • Community support Opportunity Responsible • Government recognition Development •

  10. Slide 10: Earning our Licence to Operate

    Earning our Licence to Operate For personal use only Invest in the asset Invest in local infrastructure Invest in your people Responsible operations

  11. Slide 11: Project Development Model: Extension of shallow mineralisation

    Project Development Model Extension of shallow mineralisation For personal use only  240,000 metres of drilling over a 6km strike length.  Resource estimate (at 100ppm U3O8 cut-off): • Measured – 4Mt at 240ppm for 2.0Mlbs • Indicated – 231Mt at 207ppm for 105.7Mlbs • Inferred – 121Mt at 197ppm for

  12. Slide 12: Evaluating process flowsheet value-add opportunities

    Project Development Model Evaluating process flowsheet value-add opportunities For personal use only Heap Conventional Crushing Flotation and Leach Concentrate Tank Leach HPGR Crushing Grinding/Milling Agglomeration Flotation (<10% weight pull targeted) Agitated Tank Leaching of High-Grade Flotation

  13. Slide 13: Optimising the design & minimising the lead time to production

    Project Development Model Optimising the design & minimising the lead time to production For personal use only 2009 2010 2011-13 • Resource & • Mining licence. exploration • Financing. drilling. • Definitive Feasibility • Construction. • Testwork & ESIA. Study (DFS). • Commissioning • Preliminary •

  14. Slide 14: Financing Model

    Financing Model Maximising shareholder value through progressively reducing the cost of capital and ultimately dilution. For personal use only Equity Project Debt Finance Strategic Partner Page 13

  15. Slide 15: Creating a globally significant and responsible uranium producer

    Creating a globally significant and responsible uranium producer For personal use only  Right place • Attractive investment jurisdiction. • Long history of uranium mining. • Established infrastructure.  Right scale • 5 to 7Mlb U3O8 per year operation with +15 year mine life.  Right time • Start-u

  16. Slide 16: For personal use only

    For personal use only www.bannermanresources.com.au

Bannerman Energy — Shareholder Meeting (November 2009) on 6ix