Titanium Sands Ltd. · ASX:TSL
Titanium Sands — Investor Presentation (May 2023)
19 slides from Titanium Sands's investor presentation, May 2023
Slide 1: Mannar Heavy Minerals Project Corporate Presentation May 2023
Mannar Heavy Minerals Project Sri Lanka Growing economic resilience and sustainable agriculture CORPORATE PRESENTATION MAY 2023
Slide 2: Corporate Overview
CORPORATE OVERVIEW CORPORATE SNAPSHOT Options on issue at $0.10 (exp. 17/11/23 ) 68.89m ASX Code TSL Options on issue at $0.023 (exp.16/02/26) 314.73m Shares on Issue 1.4b Cash at Bank $0.68m Market capitalisation (as 24/5/23 at $0.011 per AUD$15m Outstanding performance shares 33.33m share) TOP 20
Slide 3: Disclaimer & Forward Looking Statements
DISCLAIMER & FORWARD LOOKING STATEMENTS This presentation has been prepared by Titanium Sands Limited (“TSL”). The information contained in this presentation is a professional opinion only and is given in good faith. Certain information in this document has been derived from third parties and though
Slide 4: Scoping Study Highlights
Scoping Study Highlights 1 Mannar Island Heavy Mineral Sand Project is located in North West Sri Lanka owned and operated by Kilsythe Investments (Pvt) Ltd group of companies, a subsidiary of ASX listed Titanium Sands Limited Resource expanded to 318Mt NPV of $545m Based on resource at 2% lower cut-
Slide 5: Financial Highlights
Financial Highlights 1 Scoping study financial highlights for initial stage one dredge facility only. Potential for stages two and three and beyond to follow on the balance of the mineral resource estimate outlined. $2.01b $545m $1.28b Stage 1 – Gross Stage 1 - Net Stage 1 – EBITDA Revenue Present V
Slide 6: Government Revenues
Government Revenues 1 Government Royalties Stage 1 1 Royalties of up to AUD$9.06m per annum are expected during the first stage of the project. Total Royalties Stage 1 Project financial 2 Royalties of over AUD$181m benefit to the are expected to be paid to the government of Sri Lanka in the economy
Slide 7: Project Highlights
Project Highlights 1 The Mannar Island mineral resource project is a high-grade ilmenite-based project in North-West Sri Lanka which has a significant resource ready to be brought into production 1 2 3 4 5 PRODUCTION LAND ACCESS ENVIRONMENT AGRICULTURE COMMUNITY Up to 150,000tp.a Agreement Pending P
Slide 8: Project Highlights cont…
Project Highlights 1 cont… Key features of the Mannar Island project. Project Life Employment Anticipated project life of 20 years initially, developing to 50 years+. P E Direct skilled labor of 300 workers required, with the need for a further 300. Annual Project Revenue Project Gross revenues $ A
Slide 9: Capex Summary
$66.53m Mine $51.32m $0.82m Mineral Separation Pre Construction CAPEX Plant Earthworks SUMMARY 1 $0.55m $1.50m Ancillaries Commissioning AUD$122,296,533 $0.05m $1.18m First Fills Working Capex p.a $0.33m Commissioning & Insurances / Spares 1 For full Scoping Study details, refer TSL ASX release date
Slide 10: Opex Summary
$2.92m Dredge Mining $0.51m $4.03m General Maintenance OPEX Expenses SUMMARY 1 $4.97m $6.32m Contract Power AUD$20,689,527 Expenses $1.24m $0.52m Mobile Salaries Equipment $0.15m Reagents & Consumables 1 For full Scoping Study details, refer TSL ASX release dated 12 May 2023, TSL Scoping Study Manna
Slide 11: Project Location
Project Location — 10 km | Talaimarnar North MANNAR Thalaimannar] ‘Kagdukarankudiyiruppu_ TITANIUM i Mamnar istrict PuthuktdlyiMppu Oiathoaunal [TO Heavy Mineral Resources sutable for development (| Mannar Distict GN Divisions Mannar Distet Counal (Preishiya Sabha) Mannar Urban Council ( Predishiya
Slide 12: Heavy Mineral Resource Estimate (MRE)
Heavy Mineral Resource Estimate (MRE) 1 for the Mannar Island Project Compliant with ASX JORC (2012) requirements Resource Volume Tonnes Thm Silt Ovz Ilm Leu Rut Zir Gar Category (Mm³) (M) % % % % % % % % Indicated 83.3 145.7 4.28 1.76 18.41 1.90 0.35 0.08 0.09 0.44 Inferred 98.5 172.3 4.07 1.31 16.
Slide 13: Annual Production
Annual Production 1 Ilm 1 Ilmenite Estimated to produce 115,000 Stage 1 of the project is tonne/yr with potential up to estimated to be 20 years with 300,000+ tonne/yr. the project expanding beyond that for stages 2 and 3, to Gar 2 Garnet Estimated to produce 11,000 potentially make a 50 year+ tonne
Slide 14: Mineral Sands Value Proposition
Mineral Sands Value Proposition 1 The value proposition for TSL mineral sands product is being developed and advanced through ongoing off-take discussions. Ilmenite Zircon ilmenite is the most important Zircon forms the basis for ore of titanium. Ilmenite is the specialty uses include fibre AUD$635/
Slide 15: Rehabilitation
REHABILITATION Sustainable Rehabilitation and sustainable plantation agriculture development Natural Vegetation commencing with start of Development of natural operations and vegetation corridors to continuous protect the plantation agriculture and enhance visual amenities Beneficial Operations only
Slide 16: Secondary Value Add Proposition - Agriculture Redevelopment
SECONDARY VALUE ADD PROPOSITION - AGRICULTURE REDEVELOPMENT Schematic representation of rehabilitation and commercial agricultural development to follow each stage of production, creating industry and revenue for land owners, for generations to come.
Slide 17: Milestones
Mining License Milestones Application To follow on EIA and BOI To follow approvals, draft application in progress. Proposed milestones to be achieved in 2023 commencing with conclusion, announcement and presentation of the scoping study. Board of Investment Initial presentations completed, submissio
Slide 18: Project Partners
PROJECT Australian Stock Exchange listed public company with 889 shareholders mainly in Australia and Europe PARTNERS Investments $ Investments $ Srinel Ltd Bright Angel Ltd An investment company An investment company incorporated in Mauritius and incorporated in Mauritius and wholly owned by Titani
Slide 19: Registered Office
REGISTERED OFFICE Level 8, 216 St Georges Terrace Perth Western Australia 6000 www.titaniumsands.com.au James Searle james.searle@titaniumsands.com.au MANAGING DIRECTOR +61 (08) 9481 0389