Cobalt Blue Holdings Ltd. · ASX:COB
Cobalt Blue — Shareholder Meeting (November 2017)
30 slides from Cobalt Blue's shareholder meeting presentation, Nov 24, 2017
Slide 1: COB AGM Investor Presentation
For personal use only 24 November 2017 COB AGM Investor Presentation COB : ASX
Slide 2: Cobalt Blue 2017 Achievements
Cobalt Blue 2017 Achievements For personal use only 1. IPO February 2017 2. Scoping Study January - June 2017 showed positive project potential (not released to market) Drilled 22 diamond holes, and 38 RC holes for 12,000 m Upgraded resource to 54.9Mt at 900 ppm Cobalt = 50,000 t Co 3. Commenced
Slide 3: Why Cobalt Blue?
Why Cobalt Blue? For personal use only 1. Cobalt an essential, high value metal with significant recent price appreciation 2. Thackaringa aiming to be a top 5 global producer of cobalt sulphate, largest non DRC mine 3. Cobalt Blue only “pure play” ASX listed company with >80% leverage to cobalt 4. A
Slide 4: Cobalt – our increasing dependency
Cobalt – our increasing dependency For personal use only Consumer Electronics Technology Disruption Evolution of Superalloys SMART PHONE FIXED STORAGE 1958: Size = 5.5 Wh Size = 7 kWh BOEING 707 Cobalt: 6grams Cobalt: 3 kgs Cobalt: 15 kgs (*A$0.50) (*A$240) (*A$1,200) TABLET 1994: BATTERY ELECTRIC B
Slide 5: Cobalt – the new energy revolution
Cobalt – the new energy revolution For personal use only Share of raw materials’ end-use in batteries, 2015 The New Energy sector is disruptive, rapidly evolving, and delivering returns INCREASINGLY INVESTABLE: Cyclical winners and losers as the sector progresses. RAW MATERIALS: Cobalt is a vita
Slide 6: Cobalt – less growth
Cobalt – less growth For personal use only Cobalt supply constrained Cobalt supply growth in copper/nickel by- product will average 3-4% to 2020. Cobalt demand growth will average 9% to 2020. Forecast cobalt shortage of 10-20Kt by 2020. Source: CRU Cobalt Blue tonnes are required for market
Slide 7: Cobalt Market - Supply Side at Risk
Cobalt Market - Supply Side at Risk For personal use only Source: CRU & Cobalt Blue Holdings 7
Slide 8: Thackaringa - Broken Hill Region
Thackaringa – historic Australian mining region For personal use only Thackaringa - Broken Hill Region • Active mining area since 1880 • Originally mined silver, lead, and zinc ore • Foundation township for BHP • Thackaringa - 25 km from Broken Hill (20,000 people) • 500 km sealed highway to Adelaid
Slide 9: People, Power, Water, Road, Rail
Thackaringa – People, Power, Water, Road, Rail For personal use only Source: Cobalt Blue Holdings 9
Slide 10: Site Layout
Thackaringa – Site Layout For personal use only Source: Cobalt Blue Holdings 10
Slide 11: Significant defined resources
Thackaringa – significant defined resources For personal use only Source: Cobalt Blue Holdings 11
Slide 12: Processing summary
Thackaringa - processing summary For personal use only Source: June 2017 Scoping Study – Cobalt Blue Holdings Minimum target payment terms: 100% LME cobalt pricing High-grade cobalt sulphate crystals possible for 5-10% premium margin 12
Slide 13: Mine to battery supply chain
Thackaringa – mine to battery supply chain For personal use only ROM/Concentrates Refineries Products End Use Super Alloys Copper-Nickel- Cathodes Ma gnetic Cobalt Me tal Refinery Ingots Alloys Traditiona l Alloys Mines Briquettes HS Steel Ha rd Fac ing Chemical Cobalt Li-Ion Batt eries Chemical Pro
Slide 14: Comparison with ASX peers
Thackaringa – Comparison with ASX peers For personal use only After simple gravity concentration ROM Grade Source: Cobalt Blue Holdings Ltd 14
Slide 15: Historical Cobalt Pricing
Thackaringa – Historical Cobalt Pricing For personal use only Source: CRU & Cobalt Blue Holdings Ltd 15
Slide 16: FY18 - another big year for Cobalt Blue
“FY18 - another big year for Cobalt Blue” For personal use only >13,000m of drilling targeted for 1H FY18 = One of the largest cobalt exploration commitments on the ASX ASPIRATIONAL TARGET: Significant improvement in size of the Thackaringa cobalt deposit = A global top 5 mining operation with 20 ye
Slide 17: Cobalt Blue – fit for purpose vehicle
Cobalt Blue – fit for purpose vehicle For personal use only Tight Register (95 m shares) + $5.1m cash Pure cobalt metal focus – no nickel, copper, gold - Strongest leverage to cobalt amongst listed companies Sustainable, green cobalt – Australian based operations, large and clean orebody Share
Slide 18: The Cobalt Blue Management Team
The Cobalt Blue Management Team For personal use only “Extensive expertise in mineral exploration and mine development, investment management, corporate law and energy storage.” Independent Chairman – Robert Biancardi IBM, Citibank, Westpac and Evolution Healthcare senior management and Director
Slide 19: Disclaimer
Disclaimer For personal use only The information contained in this confidential document (“Presentation”) has been prepared by Cobalt Blue Holdings (the “Company”). It has not been fully verified and is subject to material updating, revision and further amendment. While the information contained her
Slide 20: Appendix
For personal use only Appendix
Slide 21: Appendix Information
Appendix Information For personal use only 1. Deposit and Resource Cross-Sections 2. Conceptual Thackaringa Design 3. Site Photos 21
Slide 22: Railway Deposit
Thackaringa – Railway Deposit For personal use only Railway Deposit Source: Cobalt Blue Holdings 22
Slide 23: Pyrite Hill Deposit
Thackaringa - Pyrite Hill Deposit For personal use only Pyrite Hill Deposit Source: Cobalt Blue Holdings 23
Slide 24: Mine
Thackaringa - Mine For personal use only Source: Cobalt Blue Holdings 24
Slide 25: Concentrate
Thackaringa - Concentrate For personal use only Source: Cobalt Blue Holdings 25
Slide 26: Calcine
Thackaringa - Calcine For personal use only Source: Cobalt Blue Holdings 26
Slide 27: Leach
Thackaringa - Leach For personal use only Source: Cobalt Blue Holdings 27
Slide 28: Product Recovery
Thackaringa – Product Recovery For personal use only Source: Cobalt Blue Holdings 28
Slide 29: Site views
Thackaringa – site views For personal use only Source: Cobalt Blue Holdings 29
Slide 30: Site views
Thackaringa – site views For personal use only Source: Cobalt Blue Holdings Source: Cobalt Blue Holdings 30
Cobalt Blue Holdings — Shareholder Meeting (November 2017) on 6ix