Mgx Resources Limited · ASX:MGX
Mgx Resources — Mount Gibson Iron — Investor Presentation (September 2004)
18 slides from Mgx Resources's investor presentation, Sep 22, 2004
Slide 1: Mount Gibson Iron ASX cover letter - Investor Presentation
6 Mount Gibson Iron Limited ; & & ABN 87 008 670 817 yv VN First Floor, 7 Havelock Street Mount Gibson tron West Perth 6005, Western Australia PO Box 55, West Perth WA 6872 Telephone: 61-8-9485 2355 Facsimile: 61-8-9485 2305 E-mail; admin@migibsoniron.com.au 22 September 2004 No. Pages = 18 The Mana
Slide 2: Mount Gibson Iron - September 2004
_ ae << eS co September 2004 Mount Gibson iron
Slide 3: Projects, infrastructure and JORC resources
3 “T Tatiering Peak 5 f-"|bemaite & Magnete Existing Shiptoading Facilities {60,0000WT) Legand ‘wm aud Rows es aR Pela @ Fok couany Fectaies 3 Proposed Fat Loading Facies ‘Mt Gibson Bh RESOURCES (JORC Project Measured Indic Resource : Mt Hematite Tallering Peak 49 Mt Gibson Total 4.9 Magnetite Mt Gi
Slide 4: Development - Phase One (Hematite)
E ELOPMENT — PHASE ONE (HEMATITE) to progressively increase the mining rate of dire m either existing Tallering Peak mine.(6 years a hen developed city currently available in the MidWest region ort infrastructure and other assets provided for Tall profit at Tallering Peak approximately $10.80 pe iti
Slide 5: Development - Phase One (Hematite)
VELOPMENT — PHASE ONE (HEMATITE) ing Mt Gibson mine ($10 million) 6Mtpa from Tallering Peak contracted for. life o' hanghai Industrial, Prosperity Minerals) o.be sold on spot market (which remains. stron 1.8Mtpa 2.1Mtpa January 2005 2,3Mtpa January 2006 2.5Mtpa January 2007 ae , + yv VN Mount Gibson
Slide 6: Development - Phase Two (Magnetite/Pellets)
EVELOPMENT — PHASE TWO (MAGNETITE/PE se of development will be the production of magneti duction in China. inetite resources at Mt Gibson and technical date O Limited (Asia Iron) for $7.5 million p 30% of Asia Iron's foundation capital in lieu of cash pay e development and operation of up to four mi
Slide 7: Development - Phase Two (Magnetite/Pellets)
EVELOPMENT —~ PHASE TWO (MAGNETITE! at Koolanooka will coincide with completion of th non the Yangtze river near Nanjing. is to develop its second mine and pellet plant t teel will manage two 2.5Mtpa pellet plants pla 0% of production for 20 years at international pri es at current prices) sharehold
Slide 8: Development - Phase Two (Magnetite/Pellets)
5 and internal resources DEVELOPMENT — PHASE TWO (MAGNETITE/PEL of constructing pellet plants 450km up the Yangtze. vel ion means that it will be able to ship directly from Geraldt d avoid expensive transhipment and barging costs incurr ng pellets or pellet feed from Brazil. inancial model for pelle
Slide 9: Pellet Plant - similar to that proposed for Longtan
Slide 10: Mount Gibson Iron Group - Proposed Structure
IRON GROUP — PROPOSED STRUCTURI 30% ASIA IRON HOLDINGS LIMITED o _ ene Kong) LONG TAN | PELLET PROJECT China) se - eo _ Koolanooka _ Wolla Wolla & & » . & yv VN , Mount Gibson tron
Slide 11: Tallering Peak Hematite Mine
EMATITE MINE 8Mtpa ramping to 2.1Mtpa in January 2005 base roup to supply additional rail wagons. e based on 65% lump ore and 35% luding depreciation & amortisation) efore State royalties of $2.50/tonne)
Slide 12: Projections 2004-5
PROJECTIONS 7 2004 -5 TALLERING PEAK : M Tonnes 1.8 $Million 65.4 fit $Million 23.7 $Million (4.5) n & Amortisation $Million (4.2) $Million 15.0 - KOOLANOOKA ; M Tonnes - ment Fee $Million - ERATING PROFIT 15.0 & % « , * 10 Mount Gibson fron
Slide 13: Projections
PROJECTIONS 11 2004-5 | 2005-6 RATING PROFIT $Million 15.0 gf 3 & ADMINISTRATION $Million | (1.1) 2) ENT EXPENDITURE $Million | (0.9) C FIT ar $Million 13.0 20.3 $Million (0.4) (Gay. $Million - an 3 TAX $Million 12.6 ie
Slide 14: Capital structure
291,566,00 iber 2004 — 25 cents) ed) om & Associates -48,800,0 ctors & Executives 12,000,000 ) — 22 cents) So ack door. listing 2,100,000 0 Directors and Staff 14,500,000 2006 -25 cents) 12 TOTAL FULLY DILUTED 338,966,000 . _ Mouni Gibson fron & & ral yy VN
Slide 15: Top Shareholders
. (Top 20 Shareholders) Shareholder Shares Held (%) Ply Lid 9.18% | Nominees Limited 8.32% Hong Kong) Ltd 7.29% in Holdings Limited 652% ders (Aust) Pty Limited 489% Nominees Pty Ltd 2.51% int Holdings AG 2.06% jan Nominees Australia Limited 127% y Hian (Hong Kong) Limited <clients A/C> 133% mond Ge
Slide 16: Board and management
ist with extensive technical and management experience in the Aus ron ore. He was Executive Director and Chief Executive.of Robe © 1999 inclusive, and was responsible for the joint venture between N and Sumitomo Metals for the management, operation. and expansi sroject in the Pilbara region of Weste
Slide 17: Management team
Financial Officer) | A with over 15. years.experience in the mining industry, having previ Ss with Rio Tinto Limited, North Limited, Anaconda Nickel Limiti? an neral Manager Operations) i ig Engineer with extensive experience in both open pit and dndeeg laxos was the Resident Manager of the Broken H
Slide 18: Confidential disclaimer
ential be reproduced, redistributed or passed on, directly or indirectly, to any otf er in part, for any purpose without prior written ‘approval from. Mount Gibsqm tron Lit jent i in jurisdictions outside of Australia may be restricted by law, loc ment comes should inform themselves about, and obser
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