Cokal Limited · ASX:CKA
Cokal — Shareholder Meeting (November 2019)
21 slides from Cokal's shareholder meeting presentation, Nov 27, 2019
Slide 1: Cokal Limited Annual General Meeting
Cokal Limited For personal use only Annual General Meeting 27 November 2019 1 Investor Presentation
Slide 2: Disclaimer
Disclaimer For personal use only 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 analysts and not as specific advice to any particular party or person. The information is bas
Slide 3: Compliance Statement
Compliance Statement For personal use only Bumi Barito Mineral (BBM) Project The Total Coal Reserve estimate announced on 1 August 2017 is based on information compiled by Robert de Jongh who is a Member of the Australasian Institute of Mining and Metallurgy and a full time employee of ASEAMCO Pty L
Slide 4: Cokal's Coal Assets
Cokal’s Coal Assets For personal use only Indonesian Coal Deposits 4 Investor Presentation
Slide 5: Cokal's Coal Assets (all in Central Kalimantan)
Cokal’s Coal Assets (all in Central Kalimantan) For personal use only • 60% share in Bumi Barito Mineral (BBM), area 14,980 ha • 75% share in Tambang Benua Alam Raya (TBAR), area 18,850 ha • 60% share in Borneo Bara Prima (BBP), area 13,050 ha • 75% share in Anugerah Alam Katingan (AAK), area 5,000
Slide 6: Cokal's Coal Assets
Cokal’s Coal Assets • Most developed coalfields in Indonesia are For personal use only thermal coals • All the coal in Cokal’s tenements is metallurgical coal, commonly referred to in generic terms as “coking coal” • Metallurgical coals comprise anthracite, PCI coal and coking coal, used primarily t
Slide 7: Cokal's Coal Assets
Cokal’s Coal Assets For personal use only • Cokal’s coking coal deposits have characteristics that make the coal attractive in the international coking coal market • More than 90% vitrinite content gives it a high free swelling index usually above 9 • Ultra low phosphorus content • Low sulphur and l
Slide 8: BBM, TBAR and BBP Tenements
BBM, TBAR and BBP Tenements For personal use only 8 Investor Presentation
Slide 9: The BBM Tenement
The BBM Tenement For personal use only • The BBM tenement has been developed ahead of the other tenements and is ready to move to mining • A trial mine was operated by Cokal in the western area of BBM in 2018 with 10kt PCI coal barged down the Barito River in conventional 300t barges with 4.5m draft
Slide 10: BBM JORC Resources and Reserves
BBM JORC Resources and Reserves Total BBM Coal Resource Estimate 266.6Mt (90% coking coal) For personal use only • • Includes 19.5Mt Measured and 23.1Mt Indicated Resources • B, C and D Seams have low ash and can be sold without washing • J seam will require washing to secure a premium coking coal p
Slide 11: BBM Coal Quality
BBM Coal Quality J Seam (Pit 3) For personal use only Calorific Inherent Volatile Fixed Total Relative Phos- Product Yield Ash Value CSN Moisture Matter Carbon Sulphur Density phorus Kcal/kg Raw Coal 100 1.0 13.2 17.6 68.2 0.38 7,412 9 1.39 0.007 Washed 81 0.7 5.3 18.1 76.0 0.42 8,300 9 1.32 0.007 C
Slide 12: BBM Progress to Implementation
BBM Progress to Implementation For personal use only • Cokal has selected its infrastructure partner • Cokal is negotiating with a company willing to barge its coal on a contract basis using self propelled shallow draft barges • The 5-year mine plan has been completed to form the basis of mining con
Slide 13: BBM Infrastructure Partner
BBM Infrastructure Partner For personal use only • Cokal’s infrastructure partner is China Railway 21st Bureau Group International Engineering Co (China Railway), a subsidiary of China Railway Construction • China Railway will fund and construct roads, jetty, CHPP, overburden removal and coal mining
Slide 14: BBM Barging Contractor
BBM Barging Contractor For personal use only • Cokal has agreed a term sheet with HSM, a Singaporean based barging company with operations in SE Asia and the Middle East • HSM is willing to fund and purchase the required shallow draft barges and other support equipment to move Cokal’s coal from both
Slide 15: Year Mine Plan
5 Year Mine Plan For personal use only • Mining will commence in Pit 2 in 2020 • B, C, and D seams will be mined in Pit 2 to produce premium low vol PCI coal • The seams range in thickness from 0.8 to 1.3m • First coking coal will be mined from Pit 3 • This will be mined from the 1.3m J seam • The c
Slide 16: BBM Year Mining Plan
BBM 5 Year Mining Plan PIT 2 For personal use only 16 Investor Presentation
Slide 17: BBM Year Mining Plan
BBM 5 Year Mining Plan PIT 3 For personal use only 17 Investor Presentation
Slide 18: Option for faster start in Pit
Option for faster start in Pit 3 Field scale screening test For personal use only • As soon as access can be gained to Pit 3, equipment will be mobilised to undertake a screening test of the J seam in Pit 3 • Probably in March 2020 • This will be a field scale test to determine if screening alone ca
Slide 19: BBM Road Transport Option
BBM Road Transport Option For personal use only 19 Investor Presentation
Slide 20: Shallow Draft Barges
Shallow Draft Barges For personal use only Shallow draft push boat 4 barges lashed together 20 20Investor Presentation
Slide 21: Shallow Draft Barges
Shallow Draft Barges For personal use only View to push boat Note covers 4 barge attachment 21 21Investor Presentation