Prospect Resources Ltd. · ASX:PSC

Prospect Resources — Investor Presentation (October 2020)

10 slides from Prospect Resources's investor presentation, Oct 14, 2020

  1. Slide 1: Low Cost, High Quality Lithium

    For personal use only LOW COST, HIGH QUALITY LITHIUM Sam Hosack – Managing Director October 2020 ASX:PSC FRA:5E8

  2. Slide 2: Disclaimer

    Disclaimer For personal use only Caution Regarding Forward Looking Information The information contained in this presentation or subsequently provided to any recipient of this presentation whether orally or in writing by or on behalf of Prospect Resources Ltd (“Prospect Resources or the Company”) or

  3. Slide 3: Corporate Summary

    Corporate Summary A unique, low cost and high quality lithium development specialist Investment Highlights Equity Listings ASX: PSC FRA: 5E8 Shares Outstanding (7/10/20) 286m Shares (F/D) 290m For personal use only Share Price (7/10/20) A$0.175 Market Capitalisation (7/10/20) A$50m 7th largest hard

  4. Slide 4: Exceptional Growth Opportunity

    Exceptional Growth Opportunity Summary • DFS completed For personal use only Africa’s most advanced • Fully permitted lithium project • Offtake secured • Pathway to ramping up production • 7th Largest Global Hard Rock Lithium Asset Tier 1, low cost deposit • Mineral Resource 72.7Mt @1.11% Li2O and 1

  5. Slide 5: Competitive Advantage

    Competitive Advantage Competitive cost of production throughout the lithium cycle Spodumene hard rock total cost curve For personal use only $800 Arcadia is positioned to be the lowest quartile spodumene $686 $700 producer: • Upper quartile ore head grade $600 • Lowest quartile strip ratio, open $50

  6. Slide 6: Exceptional Growth Opportunity

    Exceptional Growth Opportunity Without further investment, the market is in deficit by 2021 For personal use only Million LCE tonnes Shortage of long term supply1 4.0 • Existing operational EV achieves ICE cost parity 3 Arcadia’s targeted commencement of operation supply only in place to 3.5 Demand

  7. Slide 7: Competitive Advantage: Offtake Agreements in place with Tier One customers

    Competitive Advantage Offtake Agreements in place with Tier One customers Processing Flow • For personal use only 7 year term for up to 100,000tpa of a 4% petalite concentrate • World’s largest known ultra-low iron petalite offtake agreement Existing Offtake Agreements • Sibelco’s has been processin

  8. Slide 8: Pathway to production

    Pathway to production Technology presenting an opportunity for staged ramp-up Processing Flow Stage Target Production* For personal use only 1. Generate sample to complete product qualification PILOT PLANT 11 Ktpa Plant 2. Optimise petalite flotation process H1-2021 Up to 360t spodumene concentrate

  9. Slide 9: Pathway to production in a supply constrained market

    Pathway to production in a supply constrained market • Arcadia petalite passes secondary qualification stage • Appointment of Renaissance Capital for dealings with Uranium One For personal use only • Petalite flotation almost doubles recovery2 • Arcadia – Stage 1 Construction finance • Offtake Agree

  10. Slide 10: Contact Us

    CONTACT US For personal use only Nick Rathjen General Manager, Corporate Affairs Mobile: +61 405 730 041 Email: nrathjen@prospectresources.com.au www.prospectresources.com.au

Prospect Resources — Investor Presentation (October 2020) on 6ix