Vysarn Ltd · ASX:VYS
Vysarn — Shareholder Meeting (November 2019)
22 slides from Vysarn's shareholder meeting presentation, Nov 28, 2019
Slide 1: Annual General Meeting November 2019
For personal use only Annual General Meeting November 2019
Slide 2: Disclaimer
Disclaimer For personal use only This presentation has been prepared by Vysarn Limited ("Vysarn" or the regarding all information in the Presentation including, but not limited to, the "Company") ("Presentation") and contains general and background information assumption, uncertainty and contingenci
Slide 3: Contents
Contents Section Pages For personal use only Disclaimer 2 Breaking News 4–5 Corporate Snapshot & Objectives 6 Board of Directors & Senior Management 7 Pentium Hydro Pty Ltd 8–10 The Problem in the Pilbara 11–12 Growth Strategy 13–15 Financials 16–17 The Top 20 Shareholders 18 Appendix A – Water as a
Slide 4: James Clement Appointed as CEO and MD
For personal use only JAMES CLEMENT APPOINTED AS CEO AND MD The Board of Vysarn Limited (ASX:VYS) (Company) is testament to the quality of the assets purchased by the pleased to advise that it has appointed Mr James Company and the business plan that we have Clement as the Company’s Chief Executive
Slide 5: Pentium to Provide Drilling Services to Fortescue Metals Group
For personal use only PENTIUM TO PROVIDE DRILLING SERVICES TO FORTESCUE METALS GROUP Vysarn Limited (ASX:VYS) (Company) is pleased to the Contract these sites are inclusive of Cloudbreak advise that its wholly owned subsidiary Pentium Hydro Pty Mine Site, Christmas Creek Mine Site, Solomon Mine Ltd
Slide 6: Corporate Snapshot & Objectives
Corporate Snapshot & Objectives For personal use only The Company aims to provide shareholders with strong capital returns over the short, medium and long term and consistent income returns over the medium to longer term by ensuring fundamentally driven investment decisions are managed by competent
Slide 7: Board of Directors & Senior Management
Board of Directors & Senior Management In a short period of time Vysarn and Pentium have attracted a high calibre board, executive and operational team For personal use only Drilling industry professional with over 30 years national and international experience Business leader with over 30 years’ ex
Slide 8: Pentium Hydro: The Foundation Asset
Pentium Hydro: The Foundation Asset The Company aims to become a significant provider of production critical services and solutions For personal use only to the resources, construction and utilities industries specifically in waterwell drilling, borefield construction and management. ▪ The foundatio
Slide 9: Rig Utilisation: The first months
Rig Utilisation: The first 4 months In 10 weeks Pentium has made tremendous progress and is expected to be earnings positive in November (before start up costs, interest and For personal use only depreciation) and thereafter through to the end of financial year FY20 & beyond ▪ Since listing, managem
Slide 10: From Asset Acquisition To Operational Business
From Asset Acquisition To Operational Business An enormous amount of work has been undertaken by a handful of people to enable rig utilisation in such a short period of time. From a For personal use only standing start a multi million $ revenue business evolves from a temporary yard and serviced off
Slide 11: The Problem in the Pilbara
The Problem in the Pilbara Nearly all Pilbara iron ore mines developed since 2000 have a significant portion of their ore body below the water table, some at For personal use only greater than 65% of the ore reserve. Dewatering has become an operational imperative – this is achieved by pumping from
Slide 12: The Problem in the Pilbara
The Problem in the Pilbara The KPMG 2018–2028 Resources Sector Outlook Report indicates that there was For personal use only 654GL of water abstraction by WA resource sector in 2016. Of this, about 50% of abstracted mine water is used for mine operations, beneficial usage and town drinking water. Ov
Slide 13: Growth Strategy
Growth Strategy For personal use only Pentium Hydro’s initial focus is on water management in the Organic/ Horizontal Vertical Growth M&A production phase of mining Growth Stage 1 Stages 2-4 Opportunities operations NOT drilling in the exploration phase however the company will consider horizontal &
Slide 14: Growth Strategy: Stage & Opportunities
Growth Strategy: Stage 2 & 3 Opportunities For personal use only Vertical integration – Acquiring complimentary service businesses will assist in transforming Vysarn into a holistic services provider and enable the business to offer a greater variety of services to its current customer base. This sh
Slide 15: Growth Strategy: Diversification vs Specialisation
Growth Strategy: Diversification vs Specialisation For personal use only Pentium Hydro’s initial focus is on water management in the production phase of mining operations NOT drilling in the exploration phase however the company will consider horizontal & diversified growth opportunities should it p
Slide 16: Financials: Early indicators
Financials: Early indicators For personal use only Pentium has had to ramp up ▪ Overheads (excluding interest and depreciation) ▪ December and January traditionally operate less overheads due to the strong forecast to be approximately$360,000 per month shift days than other months due to holiday on
Slide 17: Financials: Balance Sheet
Financials: Balance Sheet Consolidated Balance Sheet $'000 Pro forma Unaudited Unaudited Difference Unaudited Management Accounts After Offer 1 October 2019 October 2019 3 Explanation For personal use only Cash 2 5,358 4,612 4,612 Start up costs and working capital Debtors & Prepayments - 928 928 De
Slide 18: Top Shareholders as at November 2019
Top 20 Shareholders as at 23 November 2019 Position Holder Name Holding % IC For personal use only 1 MOLONGLO PTY LTD <P&J HUTCHINSON S/F A/C> 37,108,585 12.47% 2 INVIA CUSTODIAN PTY LIMITED <NJ FAMILY A/C/SHARE A/C> 14,592,325 4.90% 3 MR ANASTASIOS KARAFOTIAS 8,220,000 2.76% 4 AH SUPER PTY LTD <THE
Slide 19: Appendix A: Stage – Water as a resource
For personal use only Appendix A Stage 4 – Water as a resource DR Drilling & Pump, Pipe, Design, Borefield Construction Fabricate, Storage Engineering Flow Water as a resource & Installation Control & Monitoring Stage 1 Stage 2 Stage 3 Stage 4 19 VYSARN LIMITED ASX:VYS
Slide 20: Potential to Store Pilbara Mine Water for Agriculture
Potential to Store Pilbara Mine Water for Agriculture For personal use only Aerial geophysical surveys of the Pilbara have been completed to managed aquifer recharge. The potential of using mine dewater for identify areas that could be suitable for underground dewater agriculture production is just
Slide 21: Mining Industry Backs Groundwater Modelling Project
Mining Industry Backs Groundwater Modelling Project For personal use only Improved management of groundwater is behind a new “Groundwater is front and centre in so many issues, from water Rio Tinto’s Shane Trott, Manager, Water Resource Evaluation, multimillion-dollar initiative supported by BHP and
Slide 22: Key Contacts
For personal use only KEY CONTACTS Mr Peter Hutchinson Registered Office Chairman 108 Outram Street, West Perth WA 6005 Mr Sheldon Burt Telephone: +61 8 9486 7244 MD – Pentium Hydro Pty Ltd ASX Code: VYS Website: www.vysarn.com.au 22 VYSARN LIMITED ASX:VYS