Strata Minerals Limited · ASX:SMX
Strata Minerals — NickelX — IPO Roadshow (March 2021)
20 slides from Strata Minerals's IPO roadshow presentation, March 2021
Slide 1: IPO Presentation
IPO PRESENTATION The offer of 25M Shares to raise AUD$5M @ 20c per share (with the ability to increase to AUD$7M) www.nickelximited.com MARCH 2021
Slide 2: Important Information
Important Information Disclaimer and Forward Looking Statements This Information presentation has been prepared by NickelX Limited (“NickelX” or the “Company”) This presentation is for information purposes only and should not be considered as an offer or invitation to subscribe for or purchase any s
Slide 3: Building nickel sulphide assets
Building nickel sulphide assets Drill ready targets and a pipeline of opportunities • NickelX Limited (ASX:NKL) is building a company with a focus on nickel assets in WA. • The immediate focus is on the Biranup Project located in the prolific Albany Fraser Belt (AFB), covering ~400 sq km. which host
Slide 4: Team with significant nickel experience
Team with significant nickel experience Deep corporate and technical capabilities Management Experience Mr Downes is a mining executive with 25 years’ experience in the mining industry and has Jonathan Downes worked in various geological and corporate capacities. Jonathan has experience with Chairma
Slide 5: A world class Nickel belt emerging
A world class Nickel belt emerging Post Nova, significant Ni-Cu discoveries continue AFB still emerging (only 10+ years old & 0.3Mt Ni), compared to the other Ni belts such as Thompson (40+ years old & 2.7Mt Ni) Significant discoveries continue to be made along the AFB inc. Silver Knight, (Creasy) M
Slide 6: Drill ready Biranup Nickel Project
Drill ready Biranup Nickel Project 400km2 of granted drill ready tenure 6 granted tenements covering a total area of ~400km2 within the Biranup Zone of the Albany Fraser Belt, West Australia The project area is drill ready and pre-dates Native Title and no Pastoral Leases allowing immediate access f
Slide 7: Major gravity ridge identified
Major gravity ridge identified Key ingredient for major base metal deposit formation Continent-Scale Gravity Structure Residual Bouguer Gravity (Res 0-500) Tropicana (10 Moz Au) Tropicana (10 Moz Au) 7
Slide 8: Twenty (20) EM Conductor targets
Twenty (20) EM Conductor targets 4 high priority targets defined to date • 20 EM conductors identified utilising the SPECTREM Airborne EM system over the ~400km2 project. • SPECTREM is a fixed-wing time domain STEP response AEM system developed to detect massive sulphides. • 4 High Priority targets
Slide 9: Fire Dragon Nickel target
Fire Dragon Nickel target Strong conductor response across three targets • MLEM surveys and Downhole electromagnetic (DHEM) surveys have refined the regional SPECTREM conductors. • Very limited drilling including only 2 RC and 2 DDH’s have been completed. • DDH’s intersected a sulphide rich zone con
Slide 10: Fire Dragon Nickel target
Fire Dragon Nickel target Massive sulphides (Chalcopyrite + Pentlandite) from limited drilling 10
Slide 11: Silver Dragon Nickel target
Silver Dragon Nickel target Coincident soil anomaly, EM conductor and Ultramafic • Well defined ovoid, 2.8km-long and 1.5km-wide magnetic “EYE” feature • Spatially overlapping nickel-copper in soil and auger anomalism + mafic-ultramafic intrusive • MLEM surveying has identified an anomalous EM respo
Slide 12: Black Dragon Gold target
Black Dragon Gold target Major gold trend emerging with very recent regional discoveries 12
Slide 13: Exploration strategy and catalysts
Exploration strategy and catalysts There is no substitution for hard work • Nickel X is committed to investing the funds in the ground and backing our exploration team’s values, concepts, plans and drilling programs – “Winners never quit, and quitters never win.” • We have assembled a very high qual
Slide 14: Timetable
Timetable Dates are indicative only Lodgement of Prospectus with the ASIC 16 March 2021 Exposure Period begins 16 March 2021 Opening Date 23 March 2021 Closing Date 6 April 2021 Issue of Shares under the Offer 13 April 2021 Despatch of holding statements 19 April 2021 Expected date for quotation on
Slide 15: Capital Structure
Capital Structure Tightly held and supportive structure Min Sub Max Sub ($5m) ($7.0m) Offer Price per Share $0.20 $0.20 SHARES Shares currently on issue 26,850,004 26,850,004 Shares to be issued under the Offer 25,000,000 35,000,000 Ventnor Acquisition Shares 6,250,000 6,250,000 Ponton Acquisition S
Slide 16: Use of Funds and Timeline
Use of Funds and Timeline Drilling is our veritas vincit Funds available Min $5M % of Funds Max $7M % of Funds Existing cash reserves $471,924 8.6% $471,924 6.3% Funds from the Offer $5,000,000 91.4% $7,000,000 93.7% Total $5,471,924 100% $7,471,924 100% Allocation of funds Exploration at Biranup $2
Slide 17: Nickel demand a generational opportunity
Nickel demand a generational opportunity Overall Nickel Demand from EV’s Nickel use in the EV sector has more than doubled since 2016 – and is projected to rise 15-fold by 2025 Source: CRU, JP Morgan, Bloomberg, Casey Research 17 17
Slide 18: Nickel supply deficit unfolding
Nickel supply deficit unfolding Nickel balance in 3 scenarios Source: Goldman Sachs Commodity Research 2021 18 18
Slide 19: Value Proposition
Value Proposition Very well valued and considered nickel IPO • Building Nickel sulphide assets and capabilities in a world class district and a high growth market • Aggressive drilling, geophysics and evaluation programs planned for 2021 and 2022 • Primary investment drivers: Very strong market fun
Slide 20: Contact
Lead Manager: CPS CAPITAL Managing Director Jason Peterson Matthew Gauci E: nickelx@cpscapital.com.au E: mattggauci@gmail.com www.nickelximited.com nickelx@cpscapital.com.au MARCH 2021