Magnetite Mines Ltd. · ASX:MGT
Magnetite Mines — Shareholder Meeting (November 2017)
14 slides from Magnetite Mines's shareholder meeting presentation, Nov 30, 2017
Slide 1: Mawson Iron Project AGM – Nov 2017
For personal use only MAWSON IRON PROJECT AGM – NOV 2017 MR GORDON TOLL – Executive Chairman
Slide 2: Forward Statement
For personal use only FORWARD STATEMENT This presentation has been prepared based on information available to it. No representation or warranty, express or implied, is made as to the fairness, accuracy, completeness or correctness of the information, opinions and conclusions contained in this presen
Slide 3: Mawson Iron Province
For personal use only MAWSON IRON PROVINCE WE ASPIRE TO: • HOLD THE LARGEST PORTFOLIO OF MAGNETITE RESOURCES IN THE WORLD • BECOME THE LARGEST PRODUCER OF MAGNETITE CONCENTRATES IN THE WORLD • PRODUCE THE BEST QUALITY MAGNETITE CONCENTRATES IN THE WORLD AND, • HAVE THE LOWEST CFR COSTS FOR MAGNETITE
Slide 4: Fast Tracking Development of the Magnetite Deposits of the Mawson Iron Ore Province
For personal use only We are Fast Tracking Development of the Magnetite Deposits of the Mawson Iron Ore Province of South Australia
Slide 5: Iron Ore Insights
IRON ORE INSIGHTS For personal use only FLIGHT TO QUALITY IS ONLY JUST BEGINNING IMPORTANT DRIVERS ARE: PUBLIC HEALTH ECONOMICS PRODUCTIVITY & TECHNOLOGY CONTINUED URBANISATION CHINESE STEEL PRODUCTION WILL INCREASE – NOT DECREASE DEMAND FOR PREPROCESSED INPUTS LIKE HIGH GRADE MAGNETITE CONCENTRATES
Slide 6: Shift to Quality
For personal use only SHIFT TO QUALITY
Slide 7: Shift to Quality
For personal use only SHIFT TO QUALITY
Slide 8: Merger – Lodestone/MGT
MERGER – LODESTONE/MGT For personal use only • Framework Agreement Signed 07/04/17 • Basis for negotiation to purchase 100% of Lodestone and its subsidiaries • Proposed sale includes Olary Project and Infrastructure Solutions • Significant due diligence undertaken • Negotiations with Lodestone Equit
Slide 9: Marketing
For personal use only MARKETING • Significant efforts in marketing via a segmented approach to attract highest premium for our high quality products • Efforts in China/Japan focus on Blast Furnace Sinter Blends (68% Fe) • Marketing in MENA countries focus on Direct Reduction markets (70% Fe) • 2 MOU
Slide 10: Olary Project
For personal use only OLARY PROJECT Lodestone • JORC Inferred Resources – 0.5 Billion tonne • High Grade Magnetite product - 70% Fe • Near surface deposit – low initial pre-strip • Excellent potential for resource upgrade OB12 & 13 • Several untested high response magnetic anomalies adjacent to dril
Slide 11: Razorback Project
For personal use only RAZORBACK PROJECT Magnetite Mines • JORC Inferred Resources – 3.9 Billion tonne • High Grade Magnetite product – 68.5% Fe • Outcropping deposit - simple geology • Excellent potential for resource upgrade • Can be a real “Flag Ship” development • Water and Power are the issues R
Slide 12: Geology & Hydrology
For personal use only GEOLOGY & HYDROLOGY • Exploration expenditure • Leading South Australian hydrology/hydrogeology consultancy engaged to further investigate water supplies • Completed several high resolution ground magnetics surveys with 3D modelling over Lodestone’s Olary Project • Several new
Slide 13: Magnetite Mines Limited – Making Steel Stronger
MAGNETITE MINES LIMITED Making Steel Stronger EL5962 Bimbowrie Prospect £15191 Outelpa : a &1A2017/00097, 1A2017/00212 Razorback J se Project (MAGNETITE MINES LIMITED poh tdeg , TF eaten teement otteee itch Ironback Hill 9 Saif feneenent ronbock Hil Eig - CD SOUTH
Slide 14: Magnetite Mines Limited – Making Steel Stronger
MAGNETITE MINES LIMITED Making Steel Stronger SOUTH
Magnetite Mines — Shareholder Meeting (November 2017) on 6ix