Fenix Resources Limited · ASX:FEX
Fenix Resources — Investor Presentation (October 2021)
17 slides from Fenix Resources's investor presentation, Oct 12, 2021
Slide 1: A High-Grade, High Margin Australian Iron Ore Miner
For personal use only FENIX RESOURCES LIMITED A HIGH-GRADE, HIGH MARGIN AUSTRALIAN IRON ORE MINER September 2021 Quarterly Presentation 12 October 2021 F E N I X R E S O U R C E S L I M I T E D ( A S X : F E X )
Slide 2: Important Disclosure
Important Disclosure This Presentation has been approved by the Board of Fenix Resources Limited For personal use only Disclaimer • The material in this presentation has been prepared by Fenix Resources Limited (“Fenix”) and is general background information on Fenix. This information is given in su
Slide 3: Company Overview
For personal use only Company Overview F E N I X R E S O U R C E S L I M I T E D ( A S X : F E X )
Slide 4: Why invest in Fenix
Why invest in Fenix A New High-Grade Iron Ore Miner Hitting its Targets For personal use only • 1.02 million tonnes of ore mined by the end of the September quarter and 841,800 tonnes of premium Iron Ore sold by the end of the September quarter • 341kwmt shipped during the sept quarter at C1 costs o
Slide 5: Corporate Overview
Corporate Overview Capital Structure & Pricing For personal use only Share Price History Ordinary shares on issue 472.2m Vendor Performance Shares 1 97.5m Unlisted Options Nil Share Price (11th October 2021) $0.235 Market capitalisation (undiluted) $111.0m Cash2 $68.2m Debt Nil Enterprise Value (und
Slide 6: Performance Overview
Performance Overview For personal use only Performance at a Glance Item Unit Sept Q FY21 June Q FY21 Lump product sales kwmt 198 129 Fines product sales kwmt 143 151 Total Ore Sales kwmt 341 281 Platts 62% Fe CFR price, average US$/dmt 162.9 200.0 Average Realised FOB price US$/dmt 129.2 185.2 Avera
Slide 7: Tight Controllable Costs
Tight Controllable Costs For personal use only Cash Costs and Operating Margins per wet metric tonne 250.00 200.00 150.00 100.00 50.00 0.00 Feasibility Study - Year 1 Sept 2021 Quarter Project to Date C1 Cash Costs (A$/wmt) Royalties (A$/wmt) Marketing Fees (A$/wmt) FOB Cash Margin per tonne (A$/wmt
Slide 8: Iron Ridge Project
For personal use only Iron Ridge Project F E N I X R E S O U R C E S L I M I T E D ( A S X : F E X )
Slide 9: Iron Ridge Project
Iron Ridge Project For personal use only High Grade Iron Ore Project in the Midwest • Fenix acquired the right to 100% of the project in May 2018 and completed the transaction in November 2018. • Mineral Resource Estimate1 of 9.8 Mt @ 64.4% Fe, which represents some of the highest grade iron ore in
Slide 10: Established Infrastructure Path to Export Markets
Established Infrastructure Path to Export Markets Low Capex contract mining & trucking For personal use only concept facilitated by key project characteristics Good Roads Sealed roads all the way to the Mine site entrance. 485km (by road) to Geraldton Port Trucking Joint Venture Fenix is a 50% owner
Slide 11: Providing Opportunities to the Mid West
Providing Opportunities to the Mid West For personal use only • The Iron Ridge project has generated more than 170 full-time jobs • Fenix have greater than 40% indigenous employment and the project has around 8% indigenous employment • We have created opportunities for three indigenous businesses at
Slide 12: Fenix Resources: Australian High-Grade Iron Ore Miner
For personal use only Fenix Resources Australian High-Grade Iron Ore Miner Fenix Resources Rapidly Developed its High-Grade Iron Ridge Project and is now in Cash Harvest Mode High-Grade Ore Reserve, Producing at steady World Class WA currently performing ahead state, generating Mining Jurisdiction o
Slide 13: Drilling and Digging
Drilling and Digging For personal use only F E N I X R E S O U R C E S L I M I T E D ( A S X : F E X ) 13
Slide 14: Generating Solar Power and Crushing/Screening
Generating Solar Power and Crushing/Screening For personal use only F E N I X R E S O U R C E S L I M I T E D ( A S X : F E X ) 14
Slide 15: Road Hauling to Geraldton
Road Hauling to Geraldton For personal use only F E N I X R E S O U R C E S L I M I T E D ( A S X : F E X ) 15
Slide 16: Loading Iron Ore at the Port
Loading Iron Ore at the Port For personal use only F E N I X R E S O U R C E S L I M I T E D ( A S X : F E X ) 16
Slide 17: Contact
For personal use only FENIX RESOURCES LIMITED Contact: Rob Brierley Managing Director Rob@fenixresources.com.au F E N I X R E S O U R C E S L I M I T E D ( A S X : F E X )
Fenix Resources — Investor Presentation (October 2021) on 6ix