20 slides from Jameson Resources's shareholder meeting presentation, Dec 13, 2011
Slide 1: Annual General Meeting 2011
For personal use only Annual General Meeting 2011 UWA Club, University of Western Australia Perth, Tuesday 13th December 2011 ASX : JAL
Slide 2: Disclaimer
Disclaimer This document has been prepared as a summary only, and does not contain all information about the Jameson Resources Limited’s For personal use only (the “Company”) assets and liabilities, financial position and performance, profits and losses, prospects and the rights and liabilities atta
Slide 3: Investment Highlights
Investment Highlights POSITIONED IN WORLD CLASS METALLURGICAL COAL FIELDS For personal use only Jameson has acquired coal projects within Canada’s prolific Elk Valley and Peace River coking coal fields BRINGING PROVEN DEVELOPMENT EXPERTISE ON BOARD David Fawcett, a highly credentialed Canadian c
Slide 4: Overview of Projects
Overview of Projects All projects close to infrastructure in coking coal fields responsible for For personal use only Canada’s metallurgical coal exports Crown Mountain Project 90% interest in Project Located in the Elk Valley coal field and close to some of Canada’s major operating HCC mines Du
Slide 5: Crown Mountain Project
Crown Mountain Project For personal use only 90% Interest in Project with option to acquire remaining 10% Coal licence applications cover 2,385 hectares of prospective ground within British Columbia’s most prolific coking coal fields Line Creek and Elkview HCC coal mines within 20km of Crown M
Slide 6: Crown Mountain Project
Crown Mountain Project For personal use only Targeting coking coal seams potentially amenable to open pit mining Mapping and drilling has outlined multiple coal seams ranging in thickness from 0.5m to 7.5m Notice of Work lodged for a two stage exploration program to include up to 33 drill hole
Slide 7: Dunlevy and Nexx Projects
Dunlevy and Nexx Projects Acquired 100% of 4 projects with For personal use only metallurgical coal potential Coal license applications cover 46,000 hectares of prospective ground within Peace River coal field 90km away from the main rail line connecting to the 3 deep water coal ports Projects
Slide 8: Dunlevy and Nexx Projects
Dunlevy and Nexx Projects For personal use only Construction of new forestry roads has exposed multiple coal seams ranging in thickness from 0.8m to 3.5m Exploration to date has included field reconnaissance and trenching in 2009, and geological mapping in 2011 Coal measures in the southern half
Slide 9: Favorable Project Acquisition Terms
Favorable Project Acquisition Terms Dunlevy Cash C$453,000 For personal use only On Settlement C$153,000 $51,000 to each shareholder Staged payments over 2 years leading up to Dunlevy Shareholders C$300,000 commercial production Equity (12m Shares) 4 Tranches 3m shares Settlement, 18ths, 36mths, 54m
Slide 10: Top Canadian Coal Executive
Top Canadian Coal Executive David Fawcett – Non Executive Chairman For personal use only • Mining engineer with over 35 years experience • Proven track record for initiating and advancing new coal mine development • Awarded the 2011 Canadian Institute of Mining, Metallurgy and Petroleum’s Coal Award
Slide 11: Highly Experienced Management Team
Highly Experienced Management Team NORTH AMERICA ‐ Operations For personal use only Art Palm – Executive Director Operations • Mining engineer with 35 years of experience • Extensive experience designing and managing mines (surface and underground) and coal preparation plants • Lead consultant in th
Slide 12: Red Earth Project
Red Earth Project Outside of met coal strategy, but an For personal use only opportunistic low cost entry into a new coal district Granted coal prospecting permits covering 4,608 hectares Proximal to significant recent coal discoveries in East Saskatchewan Potential for thick seams of sub‐ b
Slide 13: Canadian Advantage
Canadian Advantage • Canada is the third largest exporter of coking coal at ~27mtpa For personal use only • World class infrastructure which includes: – Deep water seaports including Ridley (planned expansion), Westshore and Neptune Coal Terminals – Canadian Pacific and Canadian National Railways –
Slide 14: Limited supply of metallurgical coal
For personal use only Limited supply of metallurgical coal 1Mt Canada 20Mt 28Mt 41Mt Russia 21Mt 15 days, 14 hours1 USA * Mongolia … Acquiring and developing 49Mt 547Mt China Western Canadian Coal Projects * Indonesia 14 days, 8 hours1 3Mt * Mozambique Australia 151Mt Export Domestic * Developing Ba
Slide 15: Accelerating demand for metallurgical coal
Accelerating demand for metallurgical coal Coking coal consumption CAGR 2000‐2010 2010‐2020 (index) Coking coal consumption 6% 3% For personal use only 250 Seaborne demand 3% 5% 200 150 100 50 2009 2010 2011F 2012F 2013F 2014F 2015F 2016F 2017F 2018F 2019F 2020F China ROW Source: China Customs; CISA
Slide 16: Corporate Information
Corporate Information Capital Structure – Fully Diluted Corporate Structure For personal use only Shares on Issue 146.2m Jameson Resources Ltd (ASX: JAL) Options Outstanding 7.9m Top 20 Share Holders 41% NWP Coal Canada Ltd (100%), Dunlevy Energy Inc.(100%) Current Share Price (05/12/2011) A$0.20 (C
Slide 17: Key Milestones - 2012
Key Milestones ‐ 2012 For personal use only Receive regulatory approvals for exploration Reconnaissance Exploration Program – Red Earth Stage 1 exploration drilling ‐ Crown Mountain Stage 1 and 2 exploration drilling ‐ Dunlevy Initial Resource Estimates – Dunlevy and Crown Mountain
Slide 18: Summary
Summary For personal use only Canada Exploring for Metallurgical Coal Projects Management Team New Opportunities
Slide 19: For personal use only
For personal use only Level 2, 79 Hay Street Suite 800, 1199 West Hastings St Subiaco, WA Vancouver, BC V6E 3T5 +61 (8) 9200 4473 +1 (604) 629‐8605 www.jamesonresources.com.au 19
Slide 20: Competent Persons Statement
Competent Persons Statement Exploration or technical information in this presentation to which this statement is attached that relates to exploration results is based on information compiled by Mr John Holmes, who is a member of the Australian Institute of Geoscientists. Mr. Holmes is a full time em