Igo Limited · ASX:IGO
Igo — Independence Group NL — WA Mining Club Luncheon (August 2017)
27 slides from Igo's conference presentation, Aug 31, 2017
Slide 1: Passion & Purpose: The IGO Way
PASSION & PURPOSE: THE IGO WAY WA MINING CLUB PRESENTATION 31 AUGUST 2017
Slide 2: Cautionary statements & disclaimer
Cautionary statements & disclaimer • This presentation has been prepared by Independence Group NL (“IGO”) (ABN 46 092 786 304). It should not be considered as an offer or invitation to subscribe for or purchase any securities in IGO or as an inducement to make an offer or invitation with respect to
Slide 3: Independence, Growth, Our People
Independence Growth Our People
Slide 4: Diversified is what makes us different
Diversified is what makes us different Commodity agnostic; Operating margin 70% Focus on value & cash 60% flow 50% … “money mines” 40% 30% Quality Scale 20% Tropicana Long Geographical 10% Longevity Jaguar Combined Operations focus 0% 4Q15 1Q16 2Q16 3Q16 4Q16 1Q17 2Q17 3Q17 4Q17 -10%
Slide 5: Legend
Legend @ mine Western Austratia Jaguar Mine (Zn-Cu-Ag) IGO 100% Wad IGO 30% Long Mine (Ni) IGO 100% : ) Nova Mine (Ni-Cu-Co) IGO 1009 m Perth 2)
Slide 6: Surface works and process plant completed on time and on budget
Surface works and process plant completed on time and on budget in late 2016
Slide 7: Now ramping up to nameplate production
Now ramping up to nameplate production… 12 months earlier than the Definitive Feasibility Study and within 3% of Jan 2015 capex estimate
Slide 8: Overhauled site leadership & brought in additional people & equipment
Overhauled site leadership & brought in additional people & equipment Redesigned & optimised mine design
Slide 9: Improvise Adapt Overcome
Improvise Adapt Overcome
Slide 10: Copper, Nickel, Cobalt
Nova is aligned to these emerging electric vehicle metals: • Copper • Nickel • Cobalt
Slide 11: Electric vehicle battery growth to disrupt markets
Electric vehicle battery growth to disrupt markets… 24kg nickel 24kg cobalt & 91kg copper in a Chevy Bolt Source data: UBS Research titled Electric Car Teardown – Disruption Ahead dated 18 May 2017
Slide 12: Nickel market supply and demand
Nickel market supply and demand Market dynamics to change over the coming years as a result of electric vehicle batteries… 10 - 40% increase in nickel demand by 2025 Demand side disruption ahead! Source Data: UBS Research, Nickel: Big Winner from Electric Vehicles?, 20 July 2017
Slide 13: IGO EBITDA Profile
IGO EBITDA Profile EBITDA = Earnings Before Interest, Taxes, Depreciation and Amortisation A$M A$M 600 600 500 500 IGO from then… to 400 400 now (and beyond) 300 300 Transformation into a 200 200 globally relevant, 100 100 mid-tier diversified 0 0 mining company Long (A$M) Jaguar (A$M) Tropicana (A$
Slide 14: It is out there under the cover; waiting to be discovered
Passion, science and discovery to drive long term growth and value. “It is out there under the cover; waiting to be discovered…”
Slide 15: Exploring for discovery is in our DNA
• Exploring for discovery is in our DNA • Daring to be innovative to drive transformational change • Looking for our future “money mines”
Slide 16: Commitment to Discovery
Commitment to Discovery A$2M A$4M Greenfields & Generative A$5M Nova Tropicana A$9M A$31M Jaguar Long FY18 exploration investment
Slide 17: Fraser Range is a belt-scale opportunity
• Fraser Range is a belt- scale opportunity for IGO with 12,000km2 consolidated tenure • Hosts two world-class recent discoveries: Tropicana & Nova
Slide 18: Leading technology, holistic understanding, embedded research
Geophysics • Leading technology and practices Belt-scale data collection • Holistic understanding R&D / Innovation • Embedded research • Internal capability
Slide 19: The team make discoveries
• The team make discoveries • Intensified internal expertise • Balanced with execution capacity • With purpose we’ve built our portfolio; and • With passion we will discover
Slide 20: Common Purpose and Values
• Common Purpose and Values • Culture of growth and performance • Choosing who we want to be • Nurturing the IGO Way
Slide 21: Getting the basics right
Getting the basics right… • A team of great people • Investing in our front line supervision • Empowered employees • Right people Right place Right time
Slide 22: Not just about our people
Not just about our people… It’s something more that we can be proud of
Slide 23: Promoting the industry in our Communities
Promoting the industry in our Communities
Slide 24: We are an active participant in our community
We are an active participant in our community
Slide 25: Proudly supporting the future generation of mining
Proudly supporting the future generation of mining: • Apprentices • Scholarships • Graduates • Interns • Support / guidance for secondary students
Slide 26: We have the platform, the people and the commitment to science to succeed
• A strong track record • Deliver on our promises • A great place to work • Community involvement • Long term shareholder value We have the platform, the people and the commitment to science to succeed.
Slide 27: Join us!
Join us! www.igo.com.au Careers Email: igofurther@igo.com.au
Independence Group NL — WA Mining Club Luncheon (August 2017) on 6ix