Phosco Ltd · ASX:PHO
Phosco — Investor Presentation (December 2021)
19 slides from Phosco's investor presentation, Dec 3, 2021
Slide 1: Sustainable Phosphate
Sustainable Phosphate December 2021 to be renamed ASX:CNL
Slide 2: Vision
to be renamed ASX:CNL Vision Complete Chaketma bankable feasibility Build world class phosphate mine § Possible very low cost strip mining § Using local people and international funding Advance to a fully integrated fertilizer facility § Latest technology § Green shift Page 2
Slide 3: Disclaimer - Important Information
to be renamed ASX:CNL Disclaimer - Important Information The purpose of this presentation is to provide general information about Celamin Holdings Limited (Celamin or the Company). It is not recommended that any person makes any investment decision in relation to the Company based solely on this pre
Slide 4: Celamin Holdings (to be renamed PhosCo Ltd) Capital Structure
Celamin Holdings (to be renamed PhosCo Ltd) to be renamed ASX:CNL Capital Structure (pre-raising) ASX Code CNL (PHO) Share Price (29/11/2021) $0.09 Market Cap $17.6m Shares on issue 195m Unlisted options on issue 12.5m Top 20 shareholders 73% Cash (30/09/2021) $0.4m Trading range – 12 months 0.06 to
Slide 5: $3.2M raising to accelerate Chaketma Phosphate Project
$3.2M raising to accelerate Chaketma Phosphate Project to be renamed ASX:CNL § Capital raising for $3.2 million announced 3 December 2021 § Proceeds will fund work on advancing the world class Chaketma phosphate project § In-country activity accelerating following recently announced phosphate result
Slide 6: Chaketma Phosphate Project
Chaketma Phosphate Project to be renamed ASX:CNL Potential major mine, then integrated fertilizer plant CHAKETMA Location: Tunisia § 210km SW of Tunis § Access by bitumen road § 35km from railhead § Access to ports § Gas and grid power nearby Several international resource companies active including
Slide 7: Resource Review
Resource Review to be renamed ASX:CNL Inferred Resource (2013) 1 drill hole returned 13.25m @ 18.8% P2O54 93Mt @ 20.3% P2O5 JORC Resource 130Mt @ 20.5% P2O51,2 9 holes drilled, averaging Review underway; objectives: 15.3m @ 20.5% P2O53 Undrilled § Increase tonnage § Improve grade § Increase confiden
Slide 8: Chaketma Phosphate Project New drilling results
Chaketma Phosphate Project to be renamed ASX:CNL New drilling results from Chaketma include: Kef El Louz § CHDD079 37.6m @ 21.9% P2O5 from 56m § Incremental drilling at Kel El Louz extends approximately 1 Km2 § CHDD115 33.6m @ 22.2% P2O5 from 65m beyond the 2012 Inferred Resource CHDD078 35.3m @ 21.
Slide 9: Chaketma Phosphate Project Kef El Louz Deposit
Chaketma Phosphate Project Kef El Louz Deposit Extensive phosphate mineralisation: § Resource: 37Mt @ 21% P2O5 § Incorporates drilling to November 2012 § Extensively drilled since ~0.9km x ~1.3km nearly doubles area drilled § Increase likely § About 50% of Kef El Louz has been drill tested. A simila
Slide 10: Chaketma Phosphate Project Conceptual Development
Chaketma Phosphate Project Conceptual Development Stage 1 Rock Phosphate § Open pit mine § Low strip ratio § Simple wash/screen or flotation § Favourable metallurgy § Multi-decade mine life to be renamed ASX:CNL Page 10
Slide 11: Chaketma Phosphate Project Next Steps
Chaketma Phosphate Project to be renamed ASX:CNL Stage 2 Resource update & BFS completed & Assess integrated Integrated Fertiliser Project GAP Analysis* development fertilizer project funding § Commence BFS on value-add phosphoric acid plant § Road, rail, power, oil and gas pipelines and port capaci
Slide 12: Just 5 countries together control 90% of the world's reserves of rock phosphate
Just 5 countries together control 90% of the world’s reserves of rock phosphate § China – 30% of world trade has just imposed export ban § US depleting reserves and environmental challenges § US imposed import tariff on Moroccan and Russian phosphate § Morocco – reserves in disputed Western Sahara S
Slide 13: History
History TMS owes US$5.0M damages & costs 2015 Illegal transfer TMS to be renamed 2017 International arbitration 100% - Return 50.99% 48.99% CELAMIN - US$5M damages LIMITED 2020/21 Tunisian Courts return control 50.99% Next step - pursue TMS for damages $5M 🌿 🌿 🌿 CPSA 100% Chaketma Exploration…
Slide 14: Green Shift – Chaketma Phosphate
Green Shift – Chaketma Phosphate to be renamed ASX:CNL Traditional production of phosphoric acid fertilizer from phosphate rock has two environmental problems: § Uses large amounts of water. § Produces phosphogypsum as waste product. Testwork in Australia has shown that production of phosphoric acid
Slide 15: ASX Phosphate Peer Comparisons
to be renamed ASX:CNL ASX Phosphate Peer Comparisons Projects - EV and P2O5% $70m 35% $60m 30% $50m 25% EV (A$M) $40m 20% P2O5% $30m 15% $20m 10% $10m 5% $0m 0% Minbos ASX:MNB Fertoz ASX:FTZ Centrex Metals ASX:CXM Celamin ASX:CNL Avenira ASX:AEV Aguia ASX:AGR Source: company announcements = EV (A$M)
Slide 16: World class phosphate project
World class phosphate project to be renamed ASX:CNL § Critical raw material to play important role in food security § Potential multi-decade mine § High-grade resource § Exploration upside § Close to key infrastructure and export markets Strategic asset – likely to attract institutional backing Page
Slide 17: APPENDIX: PHOSPHATE – A CRITICAL RAW MATERIAL
APPENDIX: PHOSPHATE – A CRITICAL RAW MATERIAL to be renamed ASX:CNL Phosphorous (P) ● Essential to all forms of life and needs replenishing in cultivated land where soils become depleted ● Needed for photosynthesis, DNA, cell membranes and bones ● Finite and non-renewable material ● 90% of phosphate
Slide 18: APPENDIX: PHOSPHATE PRODUCTS
APPENDIX: PHOSPHATE PRODUCTS Phosphoric Acid to be renamed ASX:CNL ● Intermediate product ● Traditionally produced via treating rock phosphate concentrate with sulphuric acid ● Also able to be produced via a pyrometallurgical process MAP (Mono-Ammonium Phosphate - NH4H2PO4) ● One of the major croppi
Slide 19: Contact
to be renamed ASX:CNL Contact Taz Aldaoud E: taz.aldaoud@celamin.com T:+61 (0) 473 230 558