Parkway Corporate Limited · ASX:PWN
Parkway Corporate — Parkway Minerals NL — Wholesale Investors Emergence Conference February 2018
20 slides from Parkway Corporate's conference presentation, Feb 21, 2018
Slide 1: Wholesale Investors Emergence Conference February 2018
PARKWAY MINERALS For personal use only Wholesale Investors Emergence Conference February 2018
Slide 2: Disclaimer
Disclaimer For personal use only This presentation is for information purposes only. Neither this presentation nor the information contained in it constitute an offer, invitation, solicitation or recommendation in relation to the purchase or sale of shares in any jurisdiction. This presentation may
Slide 3: Corporate Snapshot
Corporate Snapshot For personal use only ASX CODE PWN Board of directors FRANKFURT CODE A1JH27 • Adrian Griffin – chairman: SHARE PRICE – 12 Feb 2018 A$0.01 mine production and corporate management. • Patrick McManus – managing director: industrial minerals specialist; project development MARKET CAP
Slide 4: Current Assets
Current Assets Assets For personal use only • Cash: $2 M A$ Millions • Davenport Shareholding: 19.24 M Market Cap. shares (plus perf.rights) (Cash+DAV+LIT) • Lithium Australia Shareholding: DAV Shares 7.3 M shares LIT Shares • Lake Barlee: Salt Lake exploration Cash • Dandaragan Trough: Greensand ex
Slide 5: Global Outlook for Fertiliser
Global Outlook for Fertiliser For personal use only Population (Billions) LHS Arable Land per person (hectares) RHS 10 0.45 Food demand predicted to 9 0.4 double by 2050, due to: 8 0.35 7 0.3 • population growth Population (B) Arable land 6 5 0.25 • diminished arable land 0.2 4 0.15 • dietary change
Slide 6: Global Outlook for Fertiliser
Global Outlook for Fertiliser For personal use only “The challenge is clear. With nearly one billion people already suffering from hunger and malnutrition in some of the fastest growing areas of the world, the challenge of doubling food production by 2050 will become more difficult as key resources
Slide 7: The Fertiliser Business
The Fertiliser Business For personal use only • Three fertiliser bulk components: – N (nitrogen) promotes green growth – P (phosphorous) promotes plant yield potential – K (potassium) enables plant uptake of nutrients from soil and air. • Three minor components: Ca, S and Mg. • Most soils deficient
Slide 8: Lake Barlee
Lake Barlee For personal use only • Covers majority of Lake Barlee, Western Australia • Large landholding • +1,800 km2 • Surface brine samples high in potassium Wholesale Investors Conference February 2018 8
Slide 9: Deep Palaeochannel
Deep Palaeochannel For personal use only • Indicated depths up to 160m • Over 30 km of valley • Next steps: • Drilling planned for March qtr 2018 9
Slide 10: Dandaragan Project Location
Dandaragan Project Location For personal use only • >1,000 km2 of prospective area: – ~150 km of strike – +20 km width – many intersections +40 m. • Great infrastructure: – Rail, roads, towns, power, gas and water all close by – Two major export ports and fertiliser plants at Geraldton and Kwinana,
Slide 11: Exploration
Exploration For personal use only • Focus on northern area – 432 holes drilled, 1182 m on Dinner Hill. • Numerous intersections of high grades near surface. • Dinner Hill, first resource, phosphate closer to surface. • Indicated Resource – 630 Mt @ 4.4% K2O and 1.9% P2O5, within 40 km2 of prospectiv
Slide 12: Dambadjie Prospect Drill Samples
Dambadjie Prospect Drill Samples For personal use only Wholesale Investors Conference February 2018 12
Slide 13: Phosphate Scoping Study
Phosphate Scoping Study For personal use only • Mining rate – 4 Mtpa • One product – 400,000 tpa single superphosphate • 100 tpa consumed locally – balance exported to SE Asia • Contract mining delivers ore to beneficiation plant – reduces capital and risk • Scoping Study released: 30 September 2015
Slide 14: Potash Project
Potash Project For personal use only • Stage 2 for Dinner Hill – timing flexible. • Use of new technology – K-Max. • Suite of products – SOP, high-magnesium SOP (‘KMS’), aluminium phosphate, phosphoric acid. • Robust project – higher capital but stronger EBITDA (ASX release Jan 13 2015). • Revenue m
Slide 15: Davenport Resources
Davenport Resources For personal use only • PWN owns 26% of Davenport Resources (ASX DAV) which owns exploration and mining licences in central Germany • Plus performance rights on project milestones • Close to existing potash mines • 450 km2 with extensive drilling database. Just announced purchasi
Slide 16: Historic Resources
Historic Resources For personal use only PAGE 16 Evaluation of data progressing with the two areas -Ebeleben and Mühlhausen Sub-area - completed Ebeleben has Sylvinite extending south- east from the now closed Volkenroda mine Mühlhausen Sub-area contains mixed salts (Hartsalz) extending into t
Slide 17: Comparative Analysis, Davenport Peers
Comparative Analysis, Davenport Peers Sirius Highfield Kore For personal use only Company Davenport Danakali Minerals Resources Potash PAGE 17 Ticker DAV.ASX DNK.ASX SXX.LN HFR.ASX K2P.LN Mkt Cap (US$ millions) $5.70 $140 $1,585 $261 $105 Cash (US$ millions) $2.80 $8.00 $764.00 $54.00 $36.00 Debt (U
Slide 18: Market Cap, PWN peers
Market Cap, PWN peers For personal use only 140 A$ M 120 $2,037 $376 100 80 60 40 20 0 (As at Feb 2018) 18
Slide 19: Why invest in PWN?
Why invest in PWN? For personal use only • Lake Barlee • Technology-driven opportunity: – Salt Lake potash potential – application of K-Max to other deposits – Near term drilling – global licensing opportunities – LIT exposure to expanding lithium market • Davenport shareholding upside: – long produ
Slide 20: For personal use only
PO Box 1088 West Perth WA 6872 Phone +61 (0) 8 9479 5386 For personal use only Fax +61 (0) 8 9475 0847 www.parkwayminerals.com..au Patrick McManus Adrian Griffin Peter Nesveda Managing Director Chairman Investor Relations +61 (0) 408 956 798 +61 (0) 418 927 658 +61 (0) 412 357 375 patrick.mcmanus@pa
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