Metals X Limited · ASX:MLX
Metals X — Mines and Money 2011
18 slides from Metals X's conference presentation, 2011
Slide 1: Mines and Money 2011
Mines and Money 2011! Warren Hallam, Managing Director
Slide 2: Disclaimer
Disclaimer General Disclaimer This presentation has been prepared by Metals X Limited ( Metals X , “MLX” or the Company ). It should not be considered as an offer or invitation or inducement to subscribe for or the purchase of any securities in the Company. This presentation contains forecasts and f
Slide 3: Who is Metals X Limited?
Who is Metals X Limited? A multi commodity diversified Australian explorer, developer and producer and Australia s only publicly listed tin producer, and one of only a handful in the world. Australia s Largest Tin Producer: MLX is Australia s largest tin producer with production from its Tasmanian T
Slide 4: Capital Structure
Capital Structure Enterprise value of A$305 Million plus A$75 Million of Listed Investments. Market ASX Major Shareholders Share Code MLX APAC Resources 29.1% Share Price $0.30 Jinchuan Group 12.9% Shares on Issue 1,365.7 Million Guiness Peat Group 6.6% Mark Capitalisation $410 Million Board & Manag
Slide 5: Project Pipeline
Project Pipeline Exploration Development Production Tasmanian Tin Operations (8,000 tpa Tin) Tasmanian Tin Expansion (5,000 tpa tin) Wingellina Nickel (40,000t Ni & 3,000t Co pa for 40+yrs) Renison Deeps Drilling (high grade tin potential) Central Musgrave Project (PGE s, Ni Sulphides & Oxides) + St
Slide 6: Tasmanian Tin Operations
Tasmanian Tin Operations
Slide 7: Tin – The Foundation of all electronics
Tin – The Foundation of all electronics LME Tin Price and Stocks 35,000 35,000 30,000 30,000 25,000 25,000 20,000 20,000 15,000 15,000 10,000 10,000 5,000 5,000 0 0 Jan-04 Jan-05 Jan-06 Jan-07 Jan-08 Jan-09 Jan-10 Jan-11 LME Tin Stocks Tonnes LME Tin Price $US
Slide 8: Tasmanian Tin Operations (50% MLX)
Tasmanian Tin Operations (50% MLX) Metals X is the only major tin producer in Australia and the Renison operations (50% MLX) produces around 2.5% of the global supply of tin. • Renison Tin production 8,000 - 9,000 tonnes per annum (50% MLX) • Cash Operating Cost (expected average): $10,000/tonne. •
Slide 9: Tin Expansion Project (Rentails)
Tin Expansion Project (Rentails) The Rentails Project (50% MLX) is the application of new technology and tin fuming for treatment of over 19Mt of historic tailings from the Renison Tin Concentrator. • Measured & Indicated Resource: 18.95Mt of ore at 0.44% tin, 0.21% copper. • Annual Production: 4,50
Slide 10: Wingellina Nickel Project
Wingellina Nickel ! Project
Slide 11: China demand will continue to grow
China demand will continue to grow GDP and Stainless Steel Demand China vs. Global Stainless Steel Index Source: Roskill, WBMS
Slide 12: Wingellina Nickel Project (100% MLX)
Wingellina Nickel Project (100% MLX) Wingellina is one of the largest undeveloped Nickel projects in the world, delivering 40,000t of nickel and 3,000t of cobalt pa for over 40 years. • Significant Resource: 183 Mt @ 1% nickel. 92% in Reserve. • 40+ Year Project Life: 40,000 tonnes of nickel and 3,0
Slide 13: Wingellina Nickel and Cobalt Project
Wingellina Nickel and Cobalt Project One of the World s largest undeveloped Nickel resources Title – Mining and infrastructure agreement signed. Environment – Scoping study approved by Government. Resources - 182Mt Resource @ 1% Ni, 0.08%Co, Reserve 167 Mt @1%Ni. Phase 1 Feasibility complete. Potent
Slide 14: Significant potential for additional resources
Significant potential for additional resources Only 25% of the known mineralisation areas have been explored to date NORTHERN Wingellina Claude Hills The image cannot be displayed. Your computer may The image cannot be displayed. Your computer TERRITORY not have enough memory to open the image, or t
Slide 15: Strategic Holdings
Strategic Holdings
Slide 16: Strategic Holdings
Strategic Holdings 32% 9.4% 28% • Gold/Copper and Lead/ • Zinc, Copper & Silver: • Gold, Phosphates, Zinc Explorer: Focussed 30,000t Zn, 10,000t Cu, Uranium on the Tennant Creek area 680Koz Silver pa. in Western Australia. • 2Moz of Gold in the • Low Cost, High Grade: Murchison: Big Bell, • 1Moz of
Slide 17: This is Metals X Limited
This is Metals X Limited • A$105M Cash & Working Capital, A$75M listed investments with a Market Capitalisation of A$410M. • Tasmanian Tin Operations (50% MLX) EBITDA > A$170Mpa, 8-9,000 tpa of tin.* Rentails Expansion Project capable of adding EBITDA of A$90Mpa, 5,000tpa of Tin.* • Wingellina (100%
Slide 18: Thanks! Booth #23
Thanks! Booth #23