Qem Limited · ASX:QEM
Qem — Investor Presentation (September 2020)
26 slides from Qem's investor presentation, September 2020
Slide 1: QEM Limited Dual Commodity Opportunity
QEM Limited Dual Commodity Opportunity ASX: QEM INVESTOR PRESENTATION September 2020
Slide 2: Disclaimer
Disclaimer QEM Limited ACN 167 966 770 (QEM or the Company) is the issuer of this presentation. The issue of this presentation is intended only for the person or entity to. which it has been transmitted Limited Responsibility for Information This presentation contains forward-looking statements. Tho
Slide 3: Dual Commodity Champion
Dual Commodity Champion Julia Creek Project Oil & Transport Fuels Vanadium QEM aims to provide innovative QEM aims to become a leading and environmentally friendly supplier of high quality vanadium solutions that are important to our pentoxide to both the nascent energy future. The Company seeks ene
Slide 4: Investment Highlights
Investment Highlights Significant Project Processing Route Studies Underway Excellent location Management that Delivers Growth Focused 4
Slide 5: Julia Creek Project
Julia Creek Project Key Facts • Dual commodity deposit – oil bearing shale that is also mineralised with vanadium • QEM confident will be able to extract both oil and vanadium, for dual revenue contribution to project economics • Close to all infrastructure and services including road, rail, water,
Slide 6: The Journey So Far
The Journey So Far • Project implementation Study & Process Design Report • Positive metallurgy & beneficiation testing • Seismic Survey & 5 hole drilling • Granting of tenements • Acquisition of EPM 26429 – granted • Acquisition of EPM 27057 increasing EPM25662 and 25681 Feb 2017 the project to 249
Slide 7: Julia Creek Project Location
Julia Creek Project Location 7
Slide 8: Local Infrastructure
Local Infrastructure • A new plan, announced June 2019, included $80m towards reducing freight charges on the Mount Isa Line and $30m towards building a new container terminal at the Port of Townsville. • Numerous local end users of oil products, including refinery operators • Within a new Federal G
Slide 9: Latest Development Test Work
Latest Development Test Work • On 21 July QEM announced results from extraction test work, utilising hydrogen donor solvent to aid extraction of oil from oil shales • Test results from the Julia Creek resource confirm oil yields up to 181 kg per tonne, which is 218% on those reported under Modified
Slide 10: Development Strategy
Development Strategy Engineering Stage 2 design and cost PFS Commercial plant modelling development IP generation & protection Completion of bench scale Pilot plant Stage 1 Pilot plant testing for both design and development oil and vanadium costing 10
Slide 11: The Team
The Team John Foley Gavin Loyden Daniel Harris David Fitch 11
Slide 12: Supportive Policy Environment
Supportive Policy Environment Development of Northern Australia and Resource Corridors Government Priority Vanadium is a new energy mineral – strategic significance as a Critical Mineral Federal Government Resource Corridors Greater Fuel Resilience Needed 12
Slide 13: Fuel Resilience
Fuel Resilience • Australia is an island nation that depends heavily on imported fuel — and our stockpile is critically low. The Government's Australian Petroleum Statistics published in April 2020 said this would amount to 30 days of petrol for automobiles, 20 days of diesel and 20 days of aviation
Slide 14: Vanadium Market
Vanadium Market • Vanadium demand is conservatively forecasted to grow at around 5%, reaching 133,000t in 2025(~202,000t V2O5 equivalent). • The global vanadium market is expected to grow by 28.31 thousand tons during 2020-2024. (Source: Technavio Global Vanadium Market Report 2020-2024) • Demand fo
Slide 15: Peer Comparisons
Peer Comparisons ASX Total Resource Total V205 Mt V205 % Total V205 Mt V205 % Total V205 V205 % Company Code Project Name Location Mt V205 % (Measured) (Measured) (Indicated) (Indicated) Mt (Inferred) (Inferred) Wyndam Port, North King River Copper KRC Speewah Project West WA 4,712 Mt 0.30% 322 Mt 0
Slide 16: Capital Structure
Capital Structure IPO Completed and ASX Symbol: QEM Listed on the ASX Shares on Issue 100 million $5m IPO in October 2018. Market Cap (25 August 2020) $10.0m Share Price (25 August 2020) $0.10 Director Support Cash (as at 30 June 2020) $2.638m 2.4m shares purchased by Directors on market over last 1
Slide 17: Contact
17 Contact Gavin Loyden Managing Director gavin@qldem.com.au +61 7 5646 9553 www.qldem.com.au Shane Murphy Investor Relations shane.murphy@fticonsulting.com +61 420 945 291 www.qldem.com.au 17
Slide 18: Appendix – Julia Creek Resource & Oil Yield
Appendix – Julia Creek Resource & Oil Yield 18
Slide 19: Julia Creek Resource Overview
Julia Creek Resource Overview Table 1: Summary of JORC Mineral Resource Estimate Note: 1. The estimate uses a minimum cut-off of 0.2% V2O5 for the oil shale units, and minimum cut-off of 0.15% V2O5 for the Coquina units. 2. The total resource tonnage reported is rounded to reflect the relative uncer
Slide 20: Julia Creek Oil Yield
Julia Creek Oil Yield Source: Measured Group The estimation methodology used is deterministic. The estimation is based on grids constructed for unit structure, thickness and oil grade parameters 20
Slide 21: Appendix – Vanadium Market
Appendix – Vanadium Market 21
Slide 22: Uses of Vanadium
ENERGY STORAGE STEEL MANUFACTURING Uses of Vanadium Applications Of Vanadium AEROSPACE AUTOMOTIVE 22
Slide 23: Renewable Energy Storage
23 Renewable Energy Storage Competitive Advantages: • Vanadium redox flow batteries (VRFB’s) are the most efficient battery technology for utility scale renewable energy storage, including wind and solar • Higher levels of safety & stability with proven, reliability, scalability & durability • Load
Slide 24: VRFB Installs Worldwide
113 VRFB Installs Worldwide 24 COUNTRY VRFBs kW kWh Australia 7 945 4629.90 Barbuda 1 3000 12000.00 Botswana 1 112 560.00 Canada 3 2500 10000.00 China 17 15825 48005.00 Czech Rep. 3 47 209.90 Denmark 3 40 260.00 Germany 15 1530 86190.00 India 4 155 740.15 Indonesia 2 400 500.00 Italy 5 631 2610.00 J
Slide 25: Construction
Construction • Vanadium plays an essential role as an alloy of steel to provide strength and is also added to increase fire resistance and increase tensile strength. • Announced in February 2018, with implementation by the 1st of November 2018, China revised steel rebar standards to limit the use of
Slide 26: Aerospace & Automotive
Aerospace & Automotive • Aerospace - Increased aircraft are required to service larger addressable air-travel market • Both Boeing & Airbus both forecast annual global air traffic growth between 2016 and 2035 of nearly 5%. A titanium alloy containing 4% vanadium and 6% aluminium (Ti6Al4V) has been u