AustSino Resources Group Limited
AustSino Resources — Padbury Mining — Investor Presentation (June 2011)
21 slides from AustSino Resources's investor presentation, Jun 13, 2011
Slide 1: Building value in Western Australia's Mid West
For personal use only Building value in Western Australia‟s Mid West Company Update EGM, June 13, 2011
Slide 2: Disclaimer and Competent Person Statement
Disclaimer and Competent Person Statement For personal use only This document contains general information about the activities of Padbury Mining Ltd („Padbury” or the “Company”) current as at the date of this presentation. It is information in a summary form only and does not contain all the inform
Slide 3: Corporate Structure
Corporate Structure For personal use only Shares: 1.97B Issued Capital: Options: 665M Market Cap 24.6M (as at June 10, 2011) Debt: Nil ASX code: PDY Top 20 28.7% (as at June 10, 2011) shareholders Stakes in ASX Aurium 35M shares listed Companies: padburymining.com.au
Slide 4: Board and Management
Board and Management For personal use only Dr John Saunders Chairman Gary Stokes Managing Director Luke Innes Non-Executive Director Colin Stirling Non-Executive Director padburymining.com.au
Slide 5: Impacts of the Current Economic Cycle
Impacts of the Current Economic Cycle For personal use only Big economies underpinned by resources~4% growth – (Canada, Russia, Australia; Brazil; South Africa ~10% of world GDP, 440M people) Third Wave of SE Asian economies~6% growth – (First wave, China; Second wave India – Malaysia, Indonesia, Sr
Slide 6: China's 12th Five Year Plan
China‟s 12th Five Year Plan For personal use only China plans to: – Build up to 10 million low income housing units in 2011, up 72.4% – Invest around $106 billion in railroad construction projects in 2011 – Build 20 million new motor vehicles Urbanisation will continue to grow especially in the west
Slide 7: Iron Ore Demand
Iron Ore Demand For personal use only Iron ore demand over next four years to “equal volumes provided by Australian suppliers to date” (Albanese, RioTinto CEO) Key Australian markets China, India and Brazil expected to increase from 53% to 60% of global steel consumption by 2016 – increase of 8% a y
Slide 8: Iron Ore – Hematite vs Magnetite
Iron Ore – Hematite vs Magnetite For personal use only Hematite 96% of Australia‟s iron ore production Historic base for Australian iron ore industry Mined and beneficiated using a relatively simple crushing, screening and blending before export for use in steel mills. Magnetite Lower iron content a
Slide 9: Padbury Overview
Padbury Overview For personal use only Leading emerging iron ore junior with significant project in Mid West Region of Western Australia Maiden JORC Resource (inferred) of 850Mt @ 27.3% Fe Flagship Peak Hill Iron project has the potential to rival the significant deposits of the region Overall explo
Slide 10: Location
Location For personal use only Mid West Region – Australia‟s next major iron ore region Near other major operating and prospective mine projects, including Weld Range (Sinosteel Midwest Corp), Jack Hills (Crosslands Resources), Mt Gould (Atlas Iron) Proximity to Oakajee port and rail development and
Slide 11: Peak Hill Iron JV - Project Overview
Peak Hill Iron JV - Project Overview For personal use only Flagship project in Western Australia‟s Mid West, 400km north east of Geraldton 2500sqkm area - targeting hematite and magnetite Significant maiden resource (magnetite) and exploration target (DSO) Strong project vision – targeting early cas
Slide 12: Peak Hill Iron JV - Magnetite
Peak Hill Iron JV - Magnetite For personal use only 850Mt Maiden Inferred JORC resource @ 27.3% Fe from 4km of potential 10km strike length Exploration target¹ of 3.5-5Bt @ 25-35% Fe Early Davis Tube Recovery (DTR) test work demonstrates potential high-grade concentrate production Heritage survey co
Slide 13: Peak Hill Iron JV - DSO
Peak Hill Iron JV - DSO For personal use only Hematite (DSO) exploration target of up to 55Mt at 55-58% Fe Heritage survey completed in preparation for drilling program POW application for initial drilling program awaiting approval by Department of Mines padburymining.com.au
Slide 14: Project Strengths
Project Strengths For personal use only Extensive potential strike length Significant maiden JORC resource DSO potential - early cashflows to underpin development of magnetite resource Oakagee port and rail target completion of 2015 – State and Commonwealth Govt committed to development Proximity to
Slide 15: Infrastructure
Infrastructure For personal use only Oakajee Port 30km north of Geraldton targeted to be operational 2015 $700M committed by State/Federal governments Premier Barnett fully committed - Oakajee is the most important state development project for the next 50 years Peak Hill within 100kms of initial ra
Slide 16: Location
Location For personal use only padburymining.com.au
Slide 17: Magnetite Project Comparison
Magnetite Project Comparison For personal use only Company Project Market Resource Target Capitalisation Atlas Ridley $1,712M 2.5Bt@36.5% Crosslands Jack Hills n/a 991Mt@34.1% 3Bt Resources Sinosteel Midwest Koolanooka n/a 430Mt @ 35% Corporation Gindalbie Karara $1,037M 2.5Bt@35.9% Grange Southdown
Slide 18: Program of Work – Y1 Milestones Achieved
Program of Work – Y1 Milestones Achieved For personal use only Review of project Geology and potential Confirmation of iron ore resource potential Delineate maiden JORC resource of >500Mt (850Mt defined) Commence baseline studies (heritage, environment, hydrogeology) Conceptual mining study commence
Slide 19: Project Targets 2011-2013
Project Targets 2011-2013 For personal use only 2011 2011 May - Jul Jul - Oct Jul - Oct Jul - Jun Aug Appoint advisor to Nov Drilling Strengthen July 2011 - Further Baseline assist with attraction POW – upgrade management June 2012 studies of cornerstone to >1Bt indicated team Start Approvals invest
Slide 20: Conclusion
Conclusion For personal use only Emerging iron ore junior with 850Mt JORC compliant resource in the mid-west region of Western Australia Compelling valuation vs. peers over medium term Flagship Peak Hill JV project has the potential to rival the significant deposits of the region Strong vision for t
Slide 21: Questions?
For personal use only Questions? Contact: Managing Director Gary Stokes Padbury Mining Ltd +61 8 6460 0250 +61 402 991 440