Australian Pacific Coal Limited · ASX:AQC
Australian Pacific Coal — Shareholder Meeting (November 2015)
17 slides from Australian Pacific Coal's shareholder meeting presentation, Nov 30, 2015
Slide 1: Company Update: Annual General Meeting Managing Director's Presentation
For personal use only Company Update Annual General Meeting – 30 November 2015 Managing Director’s Presentation
Slide 2: Disclaimer
Disclaimer For personal use only This presentation has been prepared by Australian Pacific Coal (ACN 089 206 986) (AQC). The presentation and information contained in it is being provided to shareholders and investors for information purposes only. Shareholders and investors should undertake their o
Slide 3: Summary
Summary • Australia’s high quality thermal coal has a major role in reducing world’s carbon For personal use only emissions • Better policy needed to regain Australia’s reputation as preferred destination for foreign investment in coal • Oversupply to continue in 2016: no near term catalyst for ther
Slide 4: Market Overview
For personal use only Market Overview
Slide 5: Australian Coal Sector
Australian Coal Sector • Both thermal and metallurgical coal markets remain oversupplied For personal use only • Tier 1 producers producing historically high volumes of coal in spite of this oversupply and downward pressure on pricing • The next 12 months will remain tough for seaborne coal producer
Slide 6: Policy Discussion
Policy Discussion • Approval process to move back to a more traditional program of being For personal use only more procedural rather than discretional • Fixed timeframes for assessment of approvals • Loopholes closed to reduce activism by outside interests with a single/global biased agenda • Minin
Slide 7: Metallurgical Coal Overview
Metallurgical Coal Overview • Queensland continues to maintain its position as the worlds premier exporter of For personal use only metallurgical coal • Markets remain soft with no current near term catalyst for price increases • Strong balance sheets of Tier 1 producers sustaining losses of many op
Slide 8: Metallurgical Coal Overview (cont.)
Metallurgical Coal Overview (cont.) For personal use only Circa AUD $143 Circa AUD $103 8
Slide 9: Thermal Coal Overview
Thermal Coal Overview • Demand at historic highs but market remains oversupplied For personal use only • Australian thermal coal will forever have a role to play in the worlds power generation needs because of its quality • China becoming a swing importer, its import needs will be driven by weather
Slide 10: Thermal Coal Overview (cont.)
Thermal Coal Overview (cont.) For personal use only Circa AUD $86.70 Circa AUD $74.30 10
Slide 11: Strong Future for Australian Coal
Strong Future for Australian Coal • Australia’s rich and abundant Metallurgical and Thermal Coals are the highest For personal use only quality in the Seaborne market • Australia’s has Tier 1 assets and first class infrastructure to hold its position as the premier seaborne coal province globally •
Slide 12: Positioning AQC in Today's Market
Positioning AQC in Today’s Market • Continuing to assess the current portfolio of assets. Decisions to be made upon For personal use only further review of other projects in the portfolio • The industry is at a point in the cycle where many Tier 1 producers are under balance sheet stress or looking
Slide 13: Exploration Update
For personal use only Exploration Update
Slide 14: Mt Hillalong
Mt Hillalong • EPC 1824 is north west of the Hail For personal use only • Rio Tinto to solely fund and Creek mine and west of the QCE manage exploration program in EPC 1824 to exercise right to MDL324 Mt Hillalong deposit. The earn 75% working interest exploration target is the Rangal Coal before Au
Slide 15: South Clermont
South Clermont • A drilling target based on a gravity For personal use only surveys has been identified in the north of the EPC • Two drill sites are proposed to test for potentially thick and multiple coal seams in a setting similar to that of the Clermont Mine immediately to the north • These hole
Slide 16: Where To Now
Where To Now • Commence drilling on South Clermont and Mt Hillalong 1st Quarter 2016 For personal use only • Currently assessing several opportunities in the market from exploration to producing assets • Will be hard for any vendor to get enhanced value with so many assets on the market • 2016 will
Slide 17: For personal use only
For personal use only ASX code: AQC Head Office: Level 7, 10 Felix Street Board of Directors: Brisbane QLD 4000 Peter Ziegler Non-Executive Chairman Nathan Tinkler Managing Director and CEO Phone: +61 7 3221 0679 Paul Byrne Executive Director Fax: +61 7 3229 9323 John Robinson Non-Executive Director
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