Podium Minerals Limited · ASX:POD
Podium Minerals — Investor Presentation (May 2025)
30 slides from Podium Minerals's investor presentation, May 28, 2025
Slide 1: Parks Reef Project Capital Raise
PARKS REEF PROJECT CAPITAL RAISE ASX: POD ASX: POD Advancing Australia’s Premier PGM Project May May2025 2025
Slide 2: Important Notice
Important Notice This Investor Presentation (Presentation) has been prepared by Podium Minerals Limited (ACN 009 200 079) (Company). The information contained in this Presentation has been prepared in good faith by the Company, however no representation or warranty expressed or implied is made as to
Slide 3: Advancing the Parks Reef PGM Project
Advancing the Parks Reef PGM Project Parks Reef PGM project has size, scale, and growth potential Existing 7.6Moz 5E1 in Resource has significant growth potential at depth, with the updated Cu-Au Zone2 materially adding to the already sizeable basket value. PGM sector underpinned by strong market fu
Slide 4: Corporate snapshot
Corporate snapshot Cash and Capital Structure Summary Shareholder Summary Cash at 31 March 2025 $2.22M Top 5 Shareholders % shareholding Shares on issue (23 May 2025) 681,410,611 Johnson Matthey Investments Limited 16.3% Listed options on issue (Ex @ $0.06, expiry 22 Dec 2026) 161,478,324 BNP Pariba
Slide 5: Podium Minerals Limited snapshot
Parks PodiumReef Minerals snapshot Limited Parks Reef Project • 183Mt PGM Resource1 contains 7.6Moz 5E PGMs (Pt, Pd, Rh and Ir plus gold), and base metals (103kt Cu, 143kt Ni and 27kt Co). NORTH • Additional Copper-Gold Zone 60Mt Resource2 (0.3Moz Au, 140kt Cu, 60kt Ni & 11kt Co). WESTERN AUSTRALIA
Slide 6: Advancing Parks Reef Project
Advancing Parks Reef Project Developing a Low-risk Mining and Metallurgical Flowsheet
Slide 7: Parks Reef has Size and Scale
Parks Reef has Size and Scale 183Mt PGM Resource delineated to 250m depth along 15km strike length, with substantial upside growth potential at depth. • Significant size and Surface continuity along 15km strike, with shallow cover. Top of • 2 adjacent mineralised Fresh Rock zones. Copper-Gold • 15m
Slide 8: Parks Reef Mineralisation – PGM and Cu-Au Zones
Parks Reef Mineralisation – PGM and Cu-Au Zones An Orebody that offers opportunities for grade optimisation PRRC164 PGM-Cu-Au Distribution 4.00 0.70 Parks Reef Mineralised zones: COPPER-GOLD ZONE HG HW PGM ZONE HG FW • PGM Zone (±15m wide) 3.50 0.60 containing: o Upper High-grade PGM 3.00 0.50 HW (1
Slide 9: Significant Upside Potential at Depth
Significant Upside Potential at Depth Parks Reef Resource is modelled to 250m with upside potential to depths of >2km Parks Reef Resource to 250m depth: Pt Pd Rh Ir Au 5E PGM Cu Ni Co PGM Zone (183Mt Resource1) 3.7Moz 3.2Moz 0.3Moz 0.1Moz 0.4Moz 7.6Moz 103kt 143kt 27kt Copper-Gold Zone (60Mt Resourc
Slide 10: Significant Resource with Upside Potential at Depth
Significant Resource with Upside Potential at Depth Consistency in drill results highlights continuity of PGM mineralisation at depth PRDD003 Deep drill hole PRDD0031 11.7m @ 3.71g/t 5E PGM incl: • 1.4m @ 11.58g/t 5E PGM (0.36g/t Rh and 0.18g/t Ir) from 666.7m Interpretive geology of deep • 2.2m @ 9
Slide 11: Range Well Ni Laterite Project adds Optionality
Adjacent Podium Minerals Range Well Limited Ni Laterite Project adds Optionality EV Nickel transaction enabled reconsolidation of Oxide1 and Sulphide Rights2 on Podium’s tenements, expanding land holding by ~165% and adding Ni optionality to POD’s future Parks Reef Project PGM and Base Metals resour
Slide 12: Copper-Gold Zone adds further value
Copper-Gold Zone adds further value Impact of Cu-Au Zone on ‘The Podium Basket’ PGM Zone Basket Price components Cu-Au Zone adds to the Basket price The Podium Basket (US$ per 5E PGM Oz) (US$ per 5E PGM Oz) (US$ per 5E PGM Oz) $3,000 +21% Co 7% PGM Zone $2,500 $41 $2,263 (inner circle) $127 Pt 20% $
Slide 13: Consistently adding underlying value through the cycle
Consistently adding underlying value through the cycle Through exploration success and project advancement 90 3,000% increase in share $4,500 price vs ~189% increase in 5E basket price >500m depth potential from Positioning POD to capture 80 deep diamond drill results sector opportunities $4,000 Rh
Slide 14: PGM Market overview
PGM Market overview PGMs have unique properties and are critical to a variety of uses
Slide 15: PGMs enhance our Daily Lives
PGMs enhance our Daily Lives PGMs critical to transportation decarbonisation, industrial, investment, hydrogen Investment & Autocatalysts Jewellery (Pt, Pd & Rh) (Pt & Pd) Industrial (e.g. chemical processing) (Pt, Pd, Rh & Os) Fuel Cell Electric vehicles Hydrogen Medical treatment & Devices (Pt) De
Slide 16: 2025(f) PGM Market Overview
2025(f) PGM Market Overview Third year of sustained net deficits forecast for key PGMs. Southern Africa & Russia supply 89%. Automotive Automotive 3.2Moz 7.9Moz Other 42% 19.6Moz 84% 0.5Moz, 7% DEMAND Industrial 7.7Moz 9.4Moz 1.4Moz Jewellery 1.4Moz Platinum 7.6Moz 9.5Moz Palladium 15% 18% Demand 39
Slide 17: PGM Market Update – Positive Supply-Demand trends
PGM Podium Market Minerals Update Limited – Positive Supply-Demand trends PGM sector transforming, underpinned by robust demand and contracting supply, creating persistent structural deficits Supply decline remains a prominent theme, with risk to the downside: Mined supply eroding, and under pressur
Slide 18: PGM Market Update (continued)
PGM Podium Market Minerals Update Limited (continued) Demand outlook positive and resilient: Automotive demand resilient and outperforming Resurgence of China expectations: jewellery demand ▪ Original forecasts of aggressive Battery-Electric driving +5% forecast Vehicle (BEV) penetration and erosion
Slide 19: PGM Market Tightness
PGM Podium Market Minerals Tightness Limited Leading indicators show PGM market tightness Consecutive market deficits will reduce platinum AGS1 • Key PGMS in third year of deficit: o Platinum 2025(f) = 966Koz deficit (~12.5% of annual demand). o Structural deficits likely to persist. • Large consecu
Slide 20: Metallurgical Flowsheet Focus
Metallurgical Flowsheet Focus 1. Flotation Performance Improvement. 2. Waste Rejection and Upgrade. 3. Continued Development of a Low-risk Metallurgical Flowsheet.
Slide 21: Developing a float circuit to maximise performance
Developing a float circuit to maximise performance Focus on key performance drivers to deliver a high-grade PGM concentrate Key Driver Target Outcomes Recovery Target PGM recoveries >70%. Minimise (<5%) mass reporting to the Mass Pull concentrate (downstream benefits). Maximise PGMs in the concentra
Slide 22: Developing an Integrated Metallurgical Flowsheet
Developing an Integrated Metallurgical Flowsheet Targeting production of high value, saleable, PGM and base metal products Current Development Focus: • Mineralogy and flotation test work program is advancing our Mining Comminution Flotation Waste rejection understanding of float performance under a
Slide 23: Strategic Proposition
Strategic Proposition Building an Australian PGM Producer
Slide 24: Project Development Workstreams
Project Development Workstreams Critical focus areas are all advancing Metallurgical Drilling Targeted flotation High-grade H/W and F/W performance improvements ore Diamond drilling campaign of bulk and Fresh ore bench scale flotation test work Build understanding of high-grade ore high-grade sectio
Slide 25: Podium Investment Proposition
Podium Investment Proposition 1. Parks Reef Project advancement. 2. Strategically position Podium for PGM price recovery. 3. Build business resilience.
Slide 26: Podium’s Investment Proposition
Podium’s Investment Proposition A project of size, scale, and very real mineral resource growth potential • Existing 7.6Moz 5E in Resource has significant growth potential at depth, with an updated Cu-Au Zone materially adding to the already sizeable contained basket value. • Granted Mining licences
Slide 27: Rights Issue and Indicative Timetable
Rights Issue and Indicative Timetable Key Terms Details Indicative Timetable Date (and time if relevant) Funds $2.61 million (before costs) 5.00pm (AWST) Record Date Monday 2 June 2025 Issue price 2.3 cents per share 1 share for every 6 shares held 9.00am (AWST) Type Opening Date Non-renounceable Ri
Slide 28: Use of Funds and Pro-forma Capitalisation
Use of Funds and Pro-forma Capitalisation Use of Funds Project Activities Details Amount Advancing bench scale test work on fresh ore, focusing on enhancing the performance of the flotation process, optimising the rejection of unwanted gangue, and improving Metallurgical work $1.14m the grades of th
Slide 29: Rod Baxter, Justine Lea
Rod Baxter (Executive Chairman) Justine Lea (Chief Financial Officer) E info@podiumminerals.com Level 1, 43 Stirling Hwy, Nedlands, Western Australia 6009 T (+61) 8 9218 8878 W www.podiumminerals.com podium-minerals-limited @PodiumMinerals ACN 009 200 079
Slide 30: Appendix - Mineral Resource Estimate
Appendix - Mineral Resource Estimate Inferred Mineral Resource Estimate PGM Zone Pt Pd Rh Ir Au 5E PGM Cu Ni Co Inferred 183Mt Resource1 Grade 0.62g/t 0.55g/t 0.05g/t 0.02g/t 0.06g/t 1.30g/t 0.06% 0.08% 0.015% Metal 3.7Moz 3.2Moz 0.3Moz 0.1Moz 0.4Moz 7.6Moz 103kt 143kt 27kt Copper-Gold Zone Pt Pd Rh