APC Minerals Limited · ASX:APC
APC Minerals — Australian Potash — Shareholder Meeting (November 2018)
16 slides from APC Minerals's shareholder meeting presentation, Nov 29, 2018
Slide 1: Annual General Meeting Presentation
Australian Potash Limited Annual General Meeting Presentation 29 November 2018 The Celtic Club, West Perth, Western Australia
Slide 2: Important Statements & Disclaimers
Important Statements & Disclaimers Scoping study – cautionary statement Competent Person statement The Study referred to in this announcement is a preliminary technical and economic investigation of the The information in the announcement that relates to Exploration Targets and Mineral Resources is
Slide 3: Investment Highlights
Investment Highlights • Sulphate of Potash (SOP or K2SO4) is the premium Premium fertiliser product potassium fertiliser • Potash provides potassium, an essential, non-substitutable fertiliser essential for ALL plant growth • Structural changes occurring in China through environmental clean-up Compe
Slide 4: Corporate Snapshot
Corporate Snapshot Share Price Performance and Volume Capital Structure 5,000 0.14 Share Price (28 November 2018) A$0.068 0.12 Shares on Issue (ASX: APC) 305m 4,000 0.1 Listed Options (ASX: APCOA, 20c, 10/2019) 38m Price ($) Volume (‘000) 3,000 0.08 Unlisted Options (10c - 22.5c, 2021) 34m 0.06 Mark
Slide 5: Board and Management
Board and Management Board Management Jim Walker Mr Walker has 45 years’ experience in the resources industry, at both senior management and board level. Prior to Non-Executive Chairman retiring from the position in 2013, Jim was the Managing Director and Chief Executive Officer of WesTrac Pty Ltd,
Slide 6: Management Team & Consultants
Management Team & Consultants Stewart McCallion Project Manager (Blackham, Hancock, Lycopodium) Chris Shaw Exploration Manager (AngloGold, Avonlea, Iluka) Jay Hussey Chief Commercial Officer (Valleyfield, Migao) Process Engineering Hydrogeology & Resource Estimation Design Engineering Geotechnical &
Slide 7: What's Driving Increased Fertiliser Demand?
What’s Driving Increased Fertiliser Demand? More people = more food = more & better fertiliser More middle class = better food = more & better fertiliser Less arable land per person = higher yields = more & better fertiliser
Slide 8: Potash: Essential, Non-Substitutable
Potash: Essential, Non-Substitutable The three key, plant macro-nutrients essential for all plant growth: N Nitrogen P Phosphorous K Potassium = POTASH There are two main types of Potash: Lake Wells Potash Project Muriate of Potash (‘MOP’) • KCl Sulphate of Potash (‘SOP’) • +60M tonnes per annum • K
Slide 9: Sulphate of Potash (SOP): the Premium Potash
Sulphate of Potash (SOP): the Premium Potash SOP is ideally suited to chloride sensitive, high-value crops cotton coffee tobacco grapes tea Bright, leafy green vegetables, Citrus fruit, deciduous tomatoes, fruits, tree nuts, beans and potatoes strawberries and melons And … avocados, cashews, cucumbe
Slide 10: Milestones to Development
Milestones to Development ✓ Secure 100% ownership of Project area ✓ Complete Scoping Study ✓ Finalise MOUs for up to 200,000 tpa off-take ✓ Develop on-site pilot evaporation ponds ✓ Secure grant of Mining Leases Begin production work for FIRST Lake Wells H2 2018 SOP trade samples H1 2019 Upgrade JOR
Slide 11: Late Stage Definitive Feasibility Study
Late Stage Definitive Feasibility Study July June March Q4 H1 H2 H1 H2 2014 2016 2017 2018 2019 2019 2020 2020+ Definitive Pond & Discovery Maiden Scoping First SOP Detailed Plant Feasibility bore field month Resource Study produced FEED running Study develop APC has spent A$12.5m to get the Project
Slide 12: Superior Mining & Logistics Jurisdiction
Superior Mining & Logistics Jurisdiction • Western Australia consistently ranks Top 5 most desirable mining investment jurisdictions in the World fraserinstitute.org • North-Eastern Goldfields region serviced by rail, road, air • Cheap logistics vital to bulk operations • Lake Wells SOP Project loca
Slide 13: Focused on Marketing Agreements
Focused on Marketing Agreements Global SOP Demand 4,000 • MOUs with 2 of China’s largest 3,500 agricultural companies • Sino-Agri 3,000 • Hubei-Agri ‘000 metric tonnes 2,500 2,000 • Supply disruption through Chinese environmental clean- 1,500 up initiatives: structural change 1,000 500 • Domestic Au
Slide 14: Approvals to Development
Approvals to Development • Environmental Scoping Document (ESD) has been approved by the EPA • All other approvals on hold until the EPA finalise their review • Environmental Review Document (ERD) being finalised now • Anticipated completion H1 2019 • Mining Proposal • Mine Closure Plan • Water Abst
Slide 15: JORC Compliant Mineral Resource Estimate
JORC Compliant Mineral Resource Estimate Drainable K Volume of Specific SOP Grade SOP Brine Concentration Aquifer Yield (mg/L) Resource Hydrogeological Unit Volume (mg/L) Weighted Weighted MCM Mean MCM MT Mean Value Mean Value Indicated Resources Western High Grade Zone Surficial Aquifer 5,496 10% 5
Slide 16: 31 Ord Street, West Perth WA 6005 PO Box 1941, West Perth WA 6872
31 Ord Street, West Perth WA 6005 www.australianpotash.com.au PO Box 1941, West Perth WA 6872 +61 8 9322 1003 @OzPotash m.shackleton@australianpotash.com.au +61 438 319 841
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