Volt Resources Ltd · ASX:VRC
Volt Resources — 121 Event Cape Town (February 2020)
20 slides from Volt Resources's conference presentation, Feb 4, 2020
Slide 1: Emerging natural flake graphite supplier to global markets
Emerging natural flake graphite supplier to global markets 121 Event – Cape Town Company Presentation 4 February 2020
Slide 2: Volt Resources
Volt Resources ASX: VRC Board and Management Capital Structure Asimwe Kabunga Non-Executive Chairman Shares on Issue 1.74 billion 12.69% Kabunga Holdings Pty Ltd 2.84% Trevor Matthews Chief Executive Officer HSBC Custody Nominees (Australia) Limited 2.27% Stephen Hunt Non-Executive Director PR and E
Slide 3: Highlights
Highlights Bunyu Project fully-approved for both Stage 1 and 2 developments – key environmental and mining licences received Stage 1 funding process advanced – Mauritian Note Issue commenced and approved for listing on the Development and Enterprise Market plus discussions with investment funds for
Slide 4: Volt Progress
Volt Progress 2015 2016 2017 2018 2018 Volt acquires a number of The Bunyu Pre-Feasibility The company publishes its On August 1, a second On October 22, the tenements either granted Study results are announced revised development plan binding offtake agreement Mining Commission or under application
Slide 5: Strategic Location and Infrastructure
Strategic Location and Infrastructure Located in south-east Tanzania 140km from Mtwara Port Safe to export graphite products and storage available at in the highly endowed East African graphite belt Port Sealed road from Bunyu to the deep water port at Mtwara Water supply from bores and dams Stage 1
Slide 6: Bunyu Graphite Project
Bunyu Graphite Project Overview Largest ore reserve amongst ASX listed peers of 127 Mt @ 4.4% TGC¹ Flake distribution suitable for building materials and battery anode end markets Two stage development strategy with Stage 1 significantly de-risking the Stage 2 expansion through a lower risk small sc
Slide 7: Stage 1 Production
Stage 1 Production Building the Foundations Targeted funding of US$40m including development cost of US$31.8m and resettlement compensation of US$3.5m 400,000tpa plant feed and 6.26% TGC feed grade Production of 23,700tpa of graphite Near surface ore zone with low strip ratio Simple mining using con
Slide 8: Stage 2 Development
Stage 2 Development Unlocking the Upside Definitive Feasibility Study for expansion to be undertaken in 2020 At least 22 year project life with potential multi decade project based on current JORC mineral resource PFS based on 170,000tpa of graphite products supported by very robust economics. Devel
Slide 9: Bunyu Graphite Project Development Timeline
Bunyu Graphite Project Development Timeline Milestone / Development Outcome H0 H1 H2 H3 H4 H5 H6 H7 +H8 Stage 1 Feasibility Study Complete Stage 1 Financing Final stages Stage 1 Construction Stage 1 Commissioning Stage 1 Ramp-up and Production Stage 2 FS completed. FID based on Offtakes and Financia
Slide 10: Pipeline Building Offtake
Pipeline Building Offtake Binding Offtake Agreements Graphenica (formerly Nanographene) – US-based graphene producer • 1,000tpa (average) of flake graphite concentrate, fixed price binding 5 year offtake agreement signed • Graphenica’s Brooklyn-based plant commissioned and fully operational. Supply
Slide 11: Stage 1 Funding Strategy
Stage 1 Funding Strategy Mauritian Note listing approved by Funding advisors Exotix Capital, Completion of Note Issues and/or the Stock Exchange of Mauritius. specialise in natural resources and debt Institutional investment to fully-fund Discussions with African, US and and equity capital markets i
Slide 12: Near-term Catalysts to unlock Value
Near-term Catalysts to unlock Value Development funding for Stage 1 through to first production Targeting Stage 1 production Q1/Q2 2021 Binding and indicative offtake commitments for Stage 1 Scalable project through expansion to +170,000tpa graphite products with excellent economics Strong community
Slide 13: Disclaimer
Disclaimer The information contained in this confidential document (“Presentation”) has been prepared by Volt Resources Limited (the “Company”). It has not been fully verified and is subject to material updating, revision and further amendment. While the information contained herein has been prepare
Slide 14: Appendices
Appendices
Slide 15: Stage 1 Project Development Schedule
Stage 1 Project Development Schedule Months 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 FEED Early Works (road; bores; camp) Water Storage Dam Construction Mine Establishment & Pre-Strip TSF Construction Process Plant (EPC - fabricate, deliver, install) First ore Commissioning and Ramp-Up Normal Op
Slide 16: Key Approvals and Land Access
Key Approvals and Land Access Bunyu Environmental Approval • Environmental Impact Assessment (‘EIA’) Certificate for Bunyu granted by the National Environment Management Council of Tanzania to 100% wholly-owned subsidiary Volt Graphite Tanzania (‘VGT’) • EIA Certificate represented the final pre-req
Slide 17: Forging Strong Community Relationships
Forging Strong Community Relationships Social Investment Program • Building village offices • Repairing school buildings and supplying school desks • Replacement roof sheeting for community buildings following storm damage • Payment of Nursery teachers salaries Village Land Use Plan (‘VLUP’) • VGT h
Slide 18: Bunyu Ore Reserves
Bunyu Ore Reserves Ore TGC Contained Ore Reserve Classification (Mt) (%) Graphite (Mt) Proved Bunyu 1 (North) 19.3 4.32 0.8 Bunyu 2 (South) - - - Bunyu 3 (South) - - - Subtotal – Proved 19.3 4.32 0.8 Probable Bunyu 1 (North) 95.8 4.40 4.2 Bunyu 2 (South) 6.4 5.11 0.3 Bunyu 3 (South) 5.8 3.05 0.2 Sub
Slide 19: Bunyu Mineral Resources
Bunyu Mineral Resources Bunyu Project Tonnes (millions) TGC % Inferred North 264 5.0 South 23 3.6 Total Inferred 286 4.9 Indicated North 122 5.2 South 33 4.3 Total Indicated 155 5.0 Measured North 20 5.3 Total Resource 461 4.9 Note: Bunyu previously known as Namangale ** As described in ASX Announce
Slide 20: Contact
Contact Trevor Matthews Chief Executive Officer Perth Tel: +61 8 9486 7788 Email: trevor.matthews@voltresources.com Website: www.voltresources.com Level 25, Suite 10 108 St. Georges Terrace Perth WA 6000