Ormonde Mining PLC · AQUIS:ORM

Ormonde Mining — Shareholder Meeting (July 2014)

12 slides from Ormonde Mining's shareholder meeting presentation, Jul 16, 2014

  1. Slide 1: Ormonde AGM Presentation

    ORMONDE MINING Ormonde AGM Presentation 16 July 2014 1

  2. Slide 2: Disclaimer

    Disclaimer The content of this document has not been approved by an authorised person within the meaning of the Financial Services and Markets Act 2000 (as amended). Reliance on this document for the purpose of engaging in any investment activity may expose an individual to a significant risk of los

  3. Slide 3: Tungsten

    Tungsten Tungsten (chemical symbol W) is a metal with outstanding properties:  Highest melting point and tensile strength of all metals and strongest material after diamond  Unique properties and limited substitutability makes tungsten critical for industry China has a major impact on the Tungsten

  4. Slide 4: Market balance

    Market balance  China’s increasing requirement resulted in Market balance (tonnes W) & APT price (USD/mtu) market deficits in the period 2004-2008, and rising prices 20,000 600 Market balance APT Price (yearly average)  GFC led to large surplus in 2009, however this surplus has reduced since then

  5. Slide 5: Barruecopardo summary

    Barruecopardo summary Barruecopardo is a brown-field tungsten mining project Feasibility Study (DFS) completed with initial nine-year open pit mine life (260,000 MTU/year) Simple and cost-efficient project design with low Capex and low Opex:  Open pit mining  Straight forward processing based on p

  6. Slide 6: Mining operations

    Mining operations  Simple Mining: Open-pit, contract mining; experienced mining contractors in the region  Simple Processing: Nature of mineralization enables simple and efficiient gravity processing with high metal recoveries and low costs  Environmental Benefits:  The new operation will signif

  7. Slide 7: Capital and Operating Costs

    Capital and Operating Costs Barruecopardo Project Capex EURm  DFS (Jacobs, 2012) reported project Mining 3.9 development Capex of EUR48.5M, including Contingency Process Plant, infrastructure and EPCM 26.8  Recent DFS cost update study (AMC Apr’14) Water Management System 8.2 reports a downward tr

  8. Slide 8: Advances in project permitting

    Advances in project permitting Process concluding following:  Completion of public consultation phase (February 2013), with just one public submission received  Positive recommendation from Provincial departments to Regional administration (May 2013) (no National level approvals required)  Positi

  9. Slide 9: Advances in offtake & bond financing

    Advances in offtake & bond financing Five year offtake agreement with Noble:  Binding offtake agreement signed with subsidiary of Noble Group, a global market-leading commodities supply-chain manager of metals, minerals & ores, energy and agricultural products  Noble is ranked number 76 in the 201

  10. Slide 10: Advances in engineering works

    Advances in engineering works Fairport Engineering contracted to carry out Engineering Design Works:  Fairport has wide ranging experience within the UK and continental Europe including participation in the design, installation and commissioning of a minerals processing facility in Spain  Fairport

  11. Slide 11: Growth strategy

    Growth strategy 1. Focus initially on delivering stable production based on Barruecopardo DFS 2. Expand/extend through Underground mine development 3. Expand/extend through Satellite deposit lying within the Mining Concession – Valdegallegos 4. Leverage off processing facilities, experience and good

  12. Slide 12: Ormonde AGM Presentation

    ORMONDE MINING Ormonde AGM Presentation 16 July 2014 12

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