Pacific Lime And Cement Limited · ASX:PLA
Pacific Lime And Cement — Shareholder Meeting (December 2020)
23 slides from Pacific Lime And Cement's shareholder meeting presentation, Dec 16, 2020
Slide 1: AGM Presentation
AGM Presentation 16 December 2020
Slide 2: Disclaimer
Disclaimer This presentation has been prepared by Mayur Resources Limited ARBN 619 770 277 (“Mayur” or the “Company”). The information contained in this presentation is for information purposes only and has been prepared for use in conjunction with a verbal presentation and should be read in that co
Slide 3: Mayur overview
Mayur overview • Exposure to a portfolio key Nation Building commodities in a developing country • Being disruptor as next best and closest import alternative to Australia’s large and growing cementitious needs (clinker, cement & lime) Diversity of cash flow • Key projects de-risked – not taking exp
Slide 4: Unlocking Mayur's Intrinsic / Hidden Value
Unlocking Mayur’s Intrinsic / Hidden Value Options for unlocking value: DISAGGREGATION Future growth as separate entities what could it look like? Coal & Energy Remains in MRL CURRENT Generation Industrial Value look through as a stand alone Industrial Sands entity Coal & Sands Energy Generation Cem
Slide 5: Projects
RAMBUTYO GOLD PROJECT Projects KONOS COPPER / GOLD PROJECT SIMBERI (AU) LIHIR (AU) Mayur has a unique portfolio of KABANG GOLD PROJECT projects under development. FRIEDA (CU/AU) SINIVIT (AU) All projects are coastal or near the coast OK TEDI (CU/AU) for easy development access to PORGERA (AU) RAMU (
Slide 6: Mayur Value Proposition
Mayur Value Proposition Option exists for a 3 Unlocking the hidden STAGE DISAGGREGATION value? Remains in Mayur – Coal & assessing energy Power sector acquisition Generation opportunities Mayur’s current market 3 capitalization does not reflect the value of its portfolio Orokolo Bay project:* Indust
Slide 7: Value Realisation via De-merger of business units
Value Realisation via De-merger of business units Plan for CY2021 POTENTIAL 3 STAGE DISAGGREGATION Q4 2020 / Q1 2021 1 Copper Gold spin out Mayur's focus following the recent capital raise in Q2 / Q3 November 2020 2021 Limestone Quarry Set up CCL Project (Lime only) to FID Q3/Q4 2021 2 Cement & Lime
Slide 8: Q&A: Why is Mayur looking at disaggregating its business?
Q1: Why is Mayur looking at disaggregating its business? Q&A A: To simplify the business and unlock the intrinsic value within Mayur’s portfolio of projects that are currently not fully understood and / or valued by the market. Q2: What will be the benefits of disaggregation? A: • Focus – to enable
Slide 9: Q&A: How long will the disaggregation take?
Q5: How long will the disaggregation take? Q&A A: The stage 1 disaggregation is well under way with the copper gold spin out onto the TSX-V in progress and on track to complete by the end of CY2020/early CY2021. Options are being reviewed for the Cement & Lime business and the industrial / iron sand
Slide 10: Copper & Gold
Spin out will crystalize see through value of copper and gold assets Stage 1 Disaggregation Copper & Gold Geological rationale based on finding and developing epithermal (volcanic arcs setting) and porphyry systems. Mayur is advancing a process to spinout and acquire additional assets into a new pub
Slide 11: CCL – the Value Proposition
CCL – the Value Proposition: Stage 2 Disaggregation Central Cement & Lime ✓ - Cost Low Production ✓ - Quality High Products ✓ - Proximity Customers to ✓ - Established & Growing Markets Project A high quality project with strong fundamentals STRUCTURAL Ready to serve Australia’s structural shift from
Slide 12: PNG's first cement and lime project
Central Cement & Lime Project Execution ready with pre-construction approvals in place CCL PORT MORESBY PNG’s first cement and lime project Rea Rea Rea Rea ✓ Mining Licence granted in August Quarry Village Kido Quarry PNG LNG 2020 ✓ Environmental approvals in place Kido Village 12Km ✓ Construction B
Slide 13: Domestic and export markets with large expansion opportunities
Domestic and export markets with large expansion opportunities Central Cement & Lime Project CCL Production CCL addressable market^ Strategy Cement Displace imports into PNG and service growing domestic demand Established and growing markets 0.90mtpa >1.9mtpa Export to Australia (currently imports ~
Slide 14: Central Cement & Lime Project freight advantages
Central Cement & Lime Project JAPAN VIETNAM Japan to Brisbane Freight advantages Significantly closer to users in Australia and the Vietnam to Brisbane 8250km South Pacific than other seaborne supply Lower shipping cost and carbon footprint due to 8290km shorter sailing times PNG Additional benefits
Slide 15: Project schedule: delivery prioritised to fast-track quicklime
Central Cement & Lime Project Project schedule Delivery prioritised to fast-track quicklime Indicative Timeline Rationale for fast tracking quicklime: 6mths 6mths 6mths 6mths 6mths 6mths 6mths 6mths 6mths - Market timing opportunity Early Works (domestic & export ripe for new entrant) Lime Quarry Qu
Slide 16: Orokolo Bay Project
A simple, low-cost surface mining operation with multiple products onshore, excavators and gravity/magnetic processing; 15-year LOM, mineralisation at surface with low extraction cost Stage 3 Disaggregation – Industrial Sands Orokolo Bay Project ~USD25m EBIT once in full production ✓ DFS released Se
Slide 17: Pilot Plant under construction
Orokolo Bay Industrial Sands Project Pilot Plant under Simple Sands Mining and Processing - construction Bulk sampling pilot plant proposed circuit Finalising equipment procurement for bulk sampling pilot plant. Landowner agreements signed for bulk sampling area. Bulk sampling pilot plant constructi
Slide 18: Amazon Bay – a sleeping giant
Stage 3 Disaggregation – Industrial Sands Amazon Bay – PORT MORESBY Amazon Bay a sleeping giant Port Moresby Three high value product streams - Iron, Vanadium, TiO2 Coastal plain view with mineral sands strandlines Large area with multiple heavy mineral strandlines with the potential to host globall
Slide 19: Lae Enviro Energy Project (EEP)
TO EAST TARAKA SUB STATION APPROX. 8 km Lae EEP LAE Lae Enviro Energy Project Site Park (EEP) Project PORT MORESBY (remains in MRL) New supply of cheap, reliable electricity and steam for Lae 52.5MW power station Provide Lae with access to reliable, affordable City of Lae and sustainable base load p
Slide 20: Lae EEP Project 3D image of power plant
Lae EEP Project 3D image of power plant Wharf and cooling water intake Lae tidal basin Plant takes solar, biomass, coal and produces steam by-product ✓ DFS completed, modern boiler technology, up Main cogen facility to 50% biomass ✓ PPA to provide power at 9–12.7 US cents kWh ✓ Use of Mayur’s coal f
Slide 21: Depot Creek Coal Project
DEPOT CREEK PORT MORSEBY Depot Creek Coal Project Depot Creek Project 12.8Mt JORC Resources +210Mt Regional Exploration Target Purari Prospect Licences in close proximity to rivers and coast for access to the seaborne markets (domestic and export) Target for use at the Company’s Lae EEP (50MW requir
Slide 22: Leadership
Leadership An experienced management team with an impressive track record of initiating, Paul Mulder Rob Neale Tim Crossley Hubert Namani Frank Terranova developing and MANAGING DIRECTOR CHAIRMAN EXECUTIVE DIRECTOR INDEPENDENT DIRECTOR INDEPENDENT DIRECTOR managing major resource projects in Former
Slide 23: Competent Person Statements
Competent Person Statements contained in this presentation relating to Mineral Resources and Ore Reserves estimates for the Central Cement and Lime Project are based on, and fairly represents, information and supporting documentation prepared by Mr. Rod Huntley, who is a member of the Australian Ins
Pacific Lime And Cement — Shareholder Meeting (December 2020) on 6ix