Andromeda Metals Limited · ASX:ADN
Andromeda Metals — Shareholder Meeting (May 2019)
17 slides from Andromeda Metals's shareholder meeting presentation, May 16, 2019
Slide 1: Investor Presentation May 2019 - An Emerging Force in Industrial Minerals
Investor For personal use only Presentation May 2019 Andromeda Metals An Emerging Force in Industrial Minerals 2018 ANNUAL GENERAL MEETING Managing Directors Address ASX:ADN
Slide 2: Disclaimer
Disclaimer For personal use only The information in this presentation is published to inform you about Andromeda Metals Limited (“Andromeda” or the “Company”) and its activities. Some statements in this presentation regarding estimates or future events are forward looking statements. They involve ri
Slide 3: Experienced Board & Management; Capital Structure
Experienced Board & Management Capital Structure (31 March 2019) Rhod Grivas - Non-Executive Chairman ▪ Geologist with 30 years experience For personal use only Shares on Issue 1,355,499,211 ▪ 16 years of corporate/board experience Listed Options ($0.012/sh, exp 30/11/2020) 704,588,163 ▪ Previously
Slide 4: The Andromeda Transformation
The Andromeda Transformation White Dirt? For personal use only Or White Gold? Transforming from gold-copper explorer to industrial minerals developer Primary Project Focus ▪ Poochera Halloysite-Kaolin Project JV with Minotaur Exploration ▪ Building an experienced team ▪ Scoping Study due for complet
Slide 5: Legacy Projects
Legacy Projects Minimising holding costs/maximising value For personal use only ▪ JV with Evolution Mining – Gold in Qld ▪ JV with Environmental Copper Recovery - Copper in SA ▪ JV with Cobra Resources PLC – Gold in SA ▪ Gold project in NT – Seeking JV partner ▪ Gold project in Pilbara – Native Titl
Slide 6: Poochera Project - Overview
Poochera Project - Overview ▪ World class halloysite-kaolin deposit For personal use only ▪ Estimated short timeframe to production ▪ Long mine life ▪ Companies in several countries interested in purchasing Direct Shipping Ore (DSO) ▪ Indicative off-take agreements for >200,000 tpa processed mineral
Slide 7: Defined Resource
Defined Resource For personal use only Carey’s Well 20Mt Resource JORC 2012 Resource Estimate for Carey’s Well ▪ Total 20Mt* of “bright white” kaolinised granite ▪ Halloysite component of 9.7Mt ▪ Extensive drilling campaign just completed and sample analysis in progress *Total resource adjusted due
Slide 8: What is Halloysite Kaolin?
Typical Kaolin with Plate-Like Structure What is Halloysite Kaolin? (Al2O3 2SiO2.2H2O) For personal use only Halloysite is a rare ‘tubular shaped’ derivative of kaolin that has a wide variety of industrial uses The Carey’s Well material is a naturally occurring hybrid blend of halloysite and kaolin
Slide 9: Product & Target Markets for halloysite kaolin
Product & Target Markets for halloysite kaolin For personal use only Mature Established Markets ▪ Ceramics - for high-quality porcelain ▪ Catalysts - for Fluid Catalytic Cracking (FCC) New and Emerging Markets ▪ High Purity Alumina production (HPA) ▪ Halloysite Nanotube Technologies Indicative Relat
Slide 10: Nanotechnology Applications
Nanotechnology Applications For personal use only • Global Innovative Center for Advanced Nanomaterials - University of Newcastle using Poochera halloysite kaolin in ground-breaking nanotube technology R&D • Halloysite IP Joint Venture with Minotaur Exploration (announced May 16th 2019) Emerging App
Slide 11: Marketing Strategy
Marketing Strategy Opportunities For personal use only Short Term ▪ Direct Shipping Ore – early cash flow Testing in progress with several companies in China, Japan and India Medium Term ▪ Fully Processed Mineral – second phase value add Technical approval for > 200,000t/pa by a number of end users
Slide 12: Bulk Sampling & Processing Trials
Bulk Sampling at Carey’s Well Bulk Sampling & Processing Trials For personal use only Bulk Sampling ▪ >200t bulk sample taken in October 2018 Commercial Processing Trials ▪ Commercial scale dry processing – Completed ▪ Full scale wet processing – Q2 2019 ▪ Commercial application trials to follow Dry
Slide 13: Mine Plan
Mine Plan ▪ Open cut quarry ▪ Low stripping ratio For personal use only ▪ Campaign mining using contractors ▪ Stockpile at site and/or near port facility ▪ Pit backfill and progressive mine rehabilitation Typical Dry Mining Kaolin Operation 13
Slide 14: Streaky Bay Pilot Plant Processing Options
Streaky Bay Pilot Plant Processing Options Following commencement of DSO business For personal use only ▪ Second stage dry-processing to remove 50% waste (sand) ▪ Transport cost reduced > half ▪ Potential to give a high value market ready product (testing in progress) ▪ Toll wet-processing overseas
Slide 15: Existing Infrastructure
Existing Infrastructure For personal use only ▪ Adjacent to Streaky Bay, SA ▪ Ports at Ceduna and Lucky Bay have capacity and offer suitable shipping options ▪ Cost and accessibility assessments are in progress 15
Slide 16: Poochera Project - Key Deliverables
Poochera Project – Key Deliverables For personal use only ▪ DSO customer testing in China, Japan and India ▪ Dry processing trials in USA and China ▪ Product testing of dry and wet processed mineral by targeted customers ▪ Binding customer offtake agreements for DSO and processed products ▪ Complete
Slide 17: Summary
Summary For personal use only ▪ South Australia has one of the world’s largest resources of halloysite kaolin ▪ This is a relatively high value industrial mineral ▪ Global demand is increasing* ▪ Global production is decreasing ▪ Andromeda is well positioned to become one of the world’s leading prod