Reward Minerals Ltd · ASX:RWD
Reward Minerals — Shareholder Meeting (May 2025)
14 slides from Reward Minerals's shareholder meeting presentation, May 29, 2025
Slide 1: AGM Presentation
AGM PRESENTATION An Outstanding Opportunity to Develop a Billion Dollar SOP Business with Existing Seawater Solar Salt Operations DR MICHAEL RUANE LORRY HUGHES May 2025 PhD (Chemistry) MRACI BSc. (Geology) FAusIMM Perth, Western Australia Executive Director CEO ASX: RWD
Slide 2: Forward Looking Statements and Disclaimer
FORWARD LOOKING STATEMENTS AND DISCLAIMER ASX Code: RWD This document includes forward-looking statements. When used in this Recipients should consider seeking appropriate professional advice in document, the words such as “could”, “plan”, “estimate”, “expect”, “intend”, reviewing the Presentation a
Slide 3: Investment Highlights
INVESTMENT HIGHLIGHTS Schematic Example - Combination Salt and SOP Project ASX Code: RWD 1. Reward provides the only “pure play” exposure to Sulphate of Potash (SOP) on the ASX Current 2. SOP is a premium fertilizer in high demand globally for use in harvested salt sophisticated horticulture – Austr
Slide 4: Corporate Summary
CORPORATE SUMMARY ASX Code: RWD Pro-forma Capital Structure Existing Share Register Shares on issue m 267.0 Share price A$ 0.05 Other shareholders Board & Management Unlisted Options on issue ($0.12 - $0.20 – 4 m 29.4 Sep 2026) 28.1 41.0 Market capitalisation A$m 13.3 Existing Cash (May 2025) A$m 2.
Slide 5: Board and Management
BOARD AND MANAGEMENT ASX Code: RWD Board and Management team are ideally placed to realise value from Beyondie, with +50 years experience in the potash and salt industries Colin McCavana Dr. Michael Ruane Rod Della Vedova Lorry Hughes Warren Hinchliffe Chairman PhD (Chemistry) BSc. (Chemistry) BSc.
Slide 6: Beyondie SOP Plant - Clear Strategic Fit
BEYONDIE SOP PLANT - CLEAR STRATEGIC FIT ASX Code: RWD 1 Acquisition 2 Expertise and 3 Substantial 4 Attractive Terms represent Process to Realise SOP Potash SOP Market Excellent Value Value Production Facility outlook ▪ Reward Minerals Ltd (Reward) acquired the ▪ Reward is a highly experienced SOP
Slide 7: Beyondie SOP Plant - Clear Strategic Fit
BEYONDIE SOP PLANT - CLEAR STRATEGIC FIT ASX Code: RWD ✓Reward to utilise its extensive processing Current experience and proprietary technology. harvested salt Current processing plant to be relocated ✓Complete updated Engineering Scoping Beyondie SOP Plantwaste stockpile in operation during Reward
Slide 8: Beyondie SOP Plant – WA's Global Salt Hub
BEYONDIE SOP PLANT – WA’S GLOBAL SALT HUB ASX Code: RWD ✓Located ~160km SE of Newman, Western Australia, the complete project was constructed in 2020/2021, produced first SOP Potash from the plant in October 2021 and first sales in July 2022. ✓A total of $466 million1 was previously invested into th
Slide 9: Beyondie SOP Plant – Preparing to be Relocated
BEYONDIE SOP PLANT – PREPARING TO BE RELOCATED ASX Code: RWD Operations ceased in September 2023 and site transitioned to Care and Maintenance ahead of sale process ✓ SOP Process plant ✓ Compaction plant ✓ Admin offices and Evaporation Ponds not included in Assets ablution facilities ✓ Fixed and mob
Slide 10: Partner, Re-engineer and Relocate
PARTNER, RE-ENGINEER AND RELOCATE ASX Code: RWD Carnarvon Potash Project (CPP) Immediately ✓September 20231 – Class 5 Engineering Scoping Study (+/-40%) completed by Reward with commence process engineering inputs completed by Bechtel Australia Pty Ltd. planning of an ✓ESS was based on the CPP locat
Slide 11: Partner, Re-engineer and Relocate
PARTNER, RE-ENGINEER AND RELOCATE ASX Code: RWD ✓Seek strategic long-term partnerships for SOP development and/or access to Bitterns. ✓Inclusion of multiple high-cost processing components from the Beyondie SOP plant to significantly reduce capex for an updated CPP ESS and significantly improve econ
Slide 12: Growth Plans
GROWTH PLANS ASX Code: RWD The Reward Process is suitable for use at solar salt operations across the globe – communications in progress Salt Port Lake Macleod Salt (3.1Mtpa) 30 km 12
Slide 13: Compliance Section
COMPLIANCE SECTION ASX Code: RWD Competent Person Statement About Reward The information in this presentation that relates to Brine metallurgical testwork Reward is an ASX-listed advanced-stage sulphate of potash exploration and and Analyses is based on information compiled by Mr Warren Hinchliffe w
Slide 14: Thank you
ASX: RWD Thank you Contacts Executive Director CEO Head Office Dr. Michael Ruane Lorry Hughes 159 Stirling Highway PhD (Chemistry) MRACI BSc. (Geology) FAusIMM Nedlands WA 6009 Email: michael.ruane@rewardminerals.com Email: lorry.hughes@rewardminerals.com Postal Address Phone: +61 8 9386 4699 Phone: