Lucapa Diamond — Euroz Conference March 2018
21 slides from Lucapa Diamond's conference presentation, March 2018
Slide 1: On track to expand production of top-quality diamonds in 2018
On track to expand production of top-quality diamonds in 2018 : Euroz Conference - March 2018
Slide 2: Lucapa Diamond Company Limited Corporate snapshot
Lucapa Diamond Company Limited Corporate snapshot LUCAPA Australia (ASX:LOM) Germany (FSE: NHY) Share Register Share price (A$ cents) 24c No of shareholders ~7,500 % held by top 40 30% Shares on issue (million) 382 Institutional /corporate holding ~9% (Institutional holdings increased) Cash and faci
Slide 3: Board & management
Board & management Global diamond expertise LUCAPA Stephen Wetherall Managing Director/ Chief Executive Officer Nick Selby Executive Director/ Chief Operating Officer Neil Kaner Chief Technical Officer Richard Price Group Exploration Manager Miles Kennedy Non-Executive Chairman Cordon Gilchrist Non-
Slide 4: Strategic delivery
Strategic delivery What we’ve done in just 3 years LUCAPA Lulo, Angola = Delivered on development goals on a highly prospective diamond concession = Established a new globally-renowned diamond mine = Generating the world’s highest USS per carat alluvial production = Generating profit and cash return
Slide 5: Only listed company producing diamonds from two mines averaging over US$1,000 per carat
When Mothae is commissioned this year, Lucapa will be the only listed company in the world producing diamonds from two mines with an average price per carat in excess of US$1,000
Slide 6: Lulo Diamond Project (Angola)
LUCAPA DIAMOND COMPANY Lulo Diamond Project (Angola) - The highest USS per carat alluvial diamond production in the world - Searching for a significant source discovery
Slide 7: Analyst quote on political changes in Angola
“Recent political changes in Angola….have led to optimism of a more transparent and investible diamond industry…” Diamond analyst, Paul Zimnisky
Slide 8: Majority of 51km Cacuilo River still to be explored
Majority of 51km Cacuilo River still to be explored – approached by Government to consider expanding Lucapa operations in Angola
Slide 9: Lulo: Potential of the hard rock prize
Lulo Potential of the hard rock prize LUCAPA DIAMOND COMPANY = Large diamond recovery comparisons with highest and 2nd highest price kimberlites in the world As reported for 2017 _—_Leteng!' Mothae? Lulo? USS per carat 1,930 1,063 1,669 Grade (cpht) 1.74 27 3.53* Annual throughput (tonnes) 6,439,299
Slide 10: Analyst quote on Canada and Angola exploration prospectivity
“Canada and Angola arguably remain the two most prospective jurisdictions for grass roots diamond exploration.” Diamond analyst, Paul Zimnisky
Slide 11: Mothae Diamond Project (Kingdom of Lesotho)
LUCAPA Mothae Diamond Project (The Kingdom of Lesotho) The world’s best address for large and premium-value diamonds
Slide 12: Analyst quote on Mothae's potential
“In our view, Mothae is an asset with significant potential. Geographically proximal to Letšeng and sharing many of its characteristics..” Panmure Gordon resource analyst Kieron Hodgson
Slide 13: Mothae: A premium-value diamond mine
Mothae A premium-value diamond mine LUCAPA = Advanced kimberlite project = Trial mining has demonstrated that like Letseng, Mothae also hosts large and premium-value diamonds = 23,400 carats recovered from Mothae trial mining = Sold for US$17m; highest sale price >US$57,000 per carat = Recoveries in
Slide 14: Mothae: H2 2018 plant commissioning well on track
Mothae H2 2018 plant commissioning well on track New 10 year mining licence issued (renewable) USS$15m Phase 1 development financing in place from Equigold Construction well advanced and on track for H2 2018 commissioning Delivery of key components of new 150 tph treatment plant commencing, includin
Slide 15: Mothae: Base case financial modelling
Mothae Base case financial modelling showing positive cash flows, returns and NPV LUCAPA DIAMOND COMPAN Annual Price Escalation Kimberlite mined (m tonnes) Waste mined (m tonnes) ASX releases on the Mothae development dated 23 October 2017 0% 55.4 67.8 83.0 Stripping ratio (waste:ore tonnes) Life of
Slide 16: Mothae: Significant resource upside
Mothae a Significant resource upside LUCAPA = Existing +1m carat resource at world’s 2nd highest JORC price of US$1,063/carat (2mm BCOS) * Significant potential for increase: = Resource only estimated to 300m; kimberlite is modelled to 500m (open at depth) = Known but untested kimberlite material in
Slide 17: Brooking (Western Australia)
LUCAPA Brooking (Western Australia) An exciting new diamond discovery on Ellendale’s doorstep
Slide 18: Brooking: On Ellendale's doorstep
Brooking On Ellendale’s doorstep Within ~50km of Ellendale mine - which produced >50% of world’s fancy yellow diamonds until its recent closure An area over which the Lucapa management has considerable experience Acquired 80% of now 118km? tenement area Spectacular results from initial drilling prog
Slide 19: Brooking: An exciting discovery
Brooking a An exciting discovery LUCAPA DIAMOND COMPANY = Initial drilling program recovered: = Lamproite (primary diamond source) at Little Spring Creek = 119 diamonds - 7 macro- and 112 micro-diamonds from 86.8kg of HQ drill core sample (high concentrations) * High white diamond content with yello
Slide 20: Strategic delivery: What we'll deliver in 2018
Strategic delivery What we'll deliver in 2018 Mothae = Commence diamond production = Deliver additional long-term cash flows from a second mine = Provide diversification in source (hard rock) & jurisdiction = Position Lucapa as the only company with two operating mines producing diamonds at >USS1,00
Slide 21: Forward-Looking & Competent Person's Statements
Forward-Looking & Competent Person’s Statements . LUCAPA Forward-Looking Statements DIAMOND COMPANY This Presentation has been prepared by Lucapa Diamond Company Limited (“the Company"). This document contains background information about Lucapa Diamond Company Limited current at the date of this Pr