Slide 1: BBM PCI Coal Mine Investor Presentation
For personal use only BBM PCI Coal Mine May 2017 1 Investor Presentation
Slide 2: Disclaimer
Disclaimer This presentation has been prepared by the management of Cokal Limited (the Company) in connection with meetings with institutional investors, for the benefit of brokers and For personal use only analysts and not as specific advice to any particular party or person. The information is bas
Slide 3: Outline
Outline For personal use only 1 Corporate Overview 3 BBM Coking Coal Project 2 BBM PCI Project 4 Community Development The Barito River in Kalimantan, Indonesia 3 Investor Presentation
Slide 4: Cokal Limited (CKA) Update
Corporate Update Cokal Limited (CKA) Cokal Capital For personal use only • Listed on the ASX in December 2010 Structure • Developing Metallurgical Coal Projects in Central Kalimantan ASX Code CKA Shares on Issue 593.1M • Objective: Metallurgical coal producer Options on Issue 59.8M Bumi Barito Miner
Slide 5: Overview: Building a Low Capital, Low Opex PCI Coal Business
Corporate Overview For personal use only Building a Low Capital (Funded) Low Opex PCI Coal Business 5 Investor Presentation
Slide 6: Investment Highlights
Corporate Overview For personal use only Investment Highlights Recent Achievements ▪ April 2017: Agreement to convert all of Cokal’s outstanding loans into a production royalty ‐ Saving of US$13.8m in loan repayments in exchange for a 1% royalty on revenue ‐ Conversion subject to conditions includin
Slide 7: BBM PCI Project Highlights
BBM PCI Project Highlights For personal use only BBM PCI Project Financially Robust All Mining Permits Approved Strong Technical Merits 7 Investor Presentation
Slide 8: BBM PCI Project Highlights
BBM PCI Project Highlights A financially robust project possessing strong technical merits, with all mining For personal use only permits and approvals in-place ▪ BBM PCI provides accelerated project development and Key Project Metrics near-term production from Cokal’s flagship BBM Coking Coal Proje
Slide 9: BBM PCI Operational Metrics
BBM PCI Operational Metrics Total Development Capex for BBM PCI is estimated at US$15m / A$20m. For personal use only A large portion of Cokal’s development contribution has been expended ▪ Cokal's technical feasibility assessment of the BBM Development Capex US$m A$m PCI Project is based on work co
Slide 10: BBM PCI Coal Specifications
BBM PCI Coal Specifications For personal use only Marketing Research • Interest from Japanese and Vietnamese buyers - low ash, low sulphur • Indications that BBM low-vol PCI product will attract a premium price • Advantage of close proximity to markets Inherent Relative Ash Content Volatile Fixed Ca
Slide 11: BBM PCI Project Area
BBM PCI Project Area For personal use only Western Portion of BBM predominantly PCI and Anthracitic coals 11 Investor Presentation
Slide 12: BBM PCI Project: Strong Mining and Marketing Team
BBM PCI Project For personal use only Strong Mining and Marketing Team Technical Skills - Simplistic Solutions Results Orientated 12 Investor Presentation
Slide 13: Update
Corporate Update For personal use only Pat Hanna – Non-Executive Director, Geologist, over 40 years’ experience all coal; Globally consulting on over 100 projects; strong Indonesian track record; exploration manager Riversdale; prior JORC committee member. Domenic Martino – Non-Executive Director, F
Slide 14: Update
Corporate Update For personal use only Yoga Suryanegara - Resource Manager Indonesia, Geologist, 20 years’ experience including international experience, responsible for overseeing multi-million dollar exploration programs in Queensland and Kalimantan; more than 10 years experience in Berau Coal (fi
Slide 15: Royalty agreement and Debt Restructure
Corporate Update For personal use only Royalty agreement and Debt Restructure • Cokal Limited announced on 29th April, 2017, it entered into a royalty agreement with its senior lenders in relation to the conversion of all of its outstanding loans to a production royalty. The conversion is subject to
Slide 16: BBM, TBAR and BBP Tenements, Indonesia
BBM, TBAR and BBP Tenements, Indonesia For personal use only 16 Investor Presentation
Slide 17: BBM Approvals
BBM Approvals All Major Approvals in place For personal use only ➢ IUP (Exploration), on ‘Clean & Clear’ List ➢ PT BBM approved Foreign Owned company (PMA status) ➢ Cokal Shareholding of PT BBM approved by BKPM (Central Government Foreign Investment Co-ordination Board) ➢ Exploration Forestry Permit
Slide 18: On the Doorstep of the Biggest MET Coal Markets
On the Doorstep of the Biggest MET Coal Markets For personal use only Fastest and lowest cost shipping to key customers Dalandzangad Mongolia Coos Bay United S. Korea Japan Seoul China Seoul Tokyo States Shanghai India Guangzhou Mumbai Mumbai Mumbai Mumbai Vietnam China
Slide 19: Social Responsibility
Corporate Social Responsibility Education For personal use only • University Scholarship program in conjunction with the Palangkaraya University • General Lecturer at The Palangkaraya University • Sponsored four teachers for the Tumbang Tuan Jnr High School • Environment Awareness Program • CERDAS S
Slide 20: Social Responsibility
Corporate Social Responsibility For personal use only Safety Awareness and Support Campaign • Safety Socialisations Programmes for local students • Safety Trainings Programmes for local government • Safety tools & equipment support for local airstrip • Face Mask N95 type support for local government
Slide 21: Social Responsibility: Borneo Orangutan Survival Foundation
Corporate Social Responsibility For personal use only Borneo Orangatan Survival Foundation Orangutan Release • Cokal provided materials, support and accommodation for 20 BOSF staff • BOSF released 12 Orangutan on 21 April 2016 • Release procedure overseen by Jamarin Sihite , a world renown specialis
Slide 22: BOSF Cooperation
BOSF Cooperation For personal use only November 2016, Cokal provided an intense First Aid Training and Basic Safety Awareness course for over 80 BOSF personnel 22 Investor Presentation
Slide 23: Summary
Summary For personal use only Executive Team with strong track record Plans for High Margin becoming a Metallurgical Coal Significant confirmed Metallurgical Coal Producer Assets with Good Plans to develop Potential the portfolio BBM PCI Mine on track for quick production, with significant upside po