Aspire Mining Limited · ASX:AKM
Aspire Mining — ASX Emerging Growth London Presentation (March 2011)
19 slides from Aspire Mining's conference presentation, Mar 11, 2011
Slide 1: Aspire Mining Limited ASX Emerging Growth London Presentation
For personal use only Aspire Mining Limited ASX Emerging Growth London Presentation March 2011
Slide 2: Forward Looking Statements & Disclaimer
Forward Looking Statements & Disclaimer For personal use only Forward Looking Statements Certain statements in the presentation are or may be “forward‐looking statements” and represent the Company’s intentions, projections, expectations or beliefs concerning among other things, future exploration ac
Slide 3: I am a Country
I am a Country For personal use only • Which has an indigenous population with a long and proud history • Which is one of the least populated countries in the world, with vast deserts • That is resource rich particularly in gold, coal and iron ore but hampered by lack of infrastructure • For which C
Slide 4: Ovoot Exploration Camp
Ovoot Exploration Camp For personal use only 4
Slide 5: Mongolian Projects: Ovoot Project 330.7mt JORC Resource
Mongolian Projects For personal use only Ovoot Project: 330.7mt JORC Resource 5
Slide 6: Ovoot Coking Coal Project
Ovoot Coking Coal Project For personal use only Hurimt JORC Resource area Zuun Del Prospect 6
Slide 7: What is the Value of Aspire Mining Limited?
What is the Value of Aspire Mining Limited? For personal use only 2 Enterprise Value Resource 330.7 Mt ~ US$500mil $2.25/t of saleable coal $2.50/t of saleable coking coal 1 Competent Person Statement The technical information contained in this announcement in relation to the JORC Compliant Coal Res
Slide 8: World Coking Coal Provinces
World Coking Coal Provinces For personal use only Mature Region Ramp-up region Emerging region Elga & E.Siberia Poland, Germany Kuzbass (Russia) N.E & S.E BC (USA) Mongolia/SouthGobi Appalachia (USA) Shanxii, China Kalimantan (Indonesia) Moatize (Mozambique) Bowen Basin (Australia) 8
Slide 9: Why the Interest in Mongolian Coal?
Why the Interest in Mongolian Coal? For personal use only Chinese Coking Coal Imports • Mongolia is expected to be a major supplier to China, the fastest growing market for Coking Coals! 9
Slide 10: Fastest Growing Provinces in China
Fastest Growing Provinces in China For personal use only Ovoot project Eastern China Tavan Tolgoi GDP per capita = US$4,789 Ovoot Tolgoi FA investment growth = 12% Central China GDP per capita = US$2,817 FA investment growth = 16% Western China GDP per capita = US$2,499 FA investment growth = 37% Pr
Slide 11: Comparing Value of Coal Deposits
Comparing Value of Coal Deposits For personal use only Coking Coal deposits are substantially more valuable than export thermal coal 11
Slide 12: Comparing Value of Coal Deposits
Comparing Value of Coal Deposits For personal use only What is sold in the first 25 years drives Net Present Value 12
Slide 13: Value of Riversdale: Benga Deposit
Value of Riversdale: Benga Deposit For personal use only 1 Enterprise Value Reserve 502 Mt (100%) = US$3.9bn ‐ US$0.5bn (less cash & value of ZAC Anthracite mines) ‐ US$2bn (less value of Zambeze project ) US$1.4bn Value for 65% of Benga deposit $8.60/t of saleable coal (export) $14.00/t of saleable
Slide 14: Value of Mongolian Mining Corp.
Value of Mongolian Mining Corp. For personal use only Enterprise Value Resource 423 Mt 2 ~ US$4.6bn ‐ US700m (less cash) = US3.9bn 1 1 $14.50/t of saleable coal $25/t of “saleable” coking coal 1 1. Based on disclosed washing yields to final product 2. Applied to resources above 300m. Note that recov
Slide 15: What is the Value of Aspire Mining Limited?
What is the Value of Aspire Mining Limited? For personal use only 2 Enterprise Value Resource 330.7 Mt ~ US$500mil $2.25/t of saleable coal $2.50/t of saleable coking coal 1 Competent Person Statement The technical information contained in this announcement in relation to the JORC Compliant Coal Res
Slide 16: Relative Values
Relative Values For personal use only ….Aspire looks undervalued 16
Slide 17: Why this Undervaluation?
Why this Undervaluation? For personal use only Not suggesting we deserve an immediate 10x rating • Need full washing yield analysis • Need to articulate development time frame • Articulate logistics solutions including rail • Capex and Operating estimates • Time 17
Slide 18: The Goal is Clear!
For personal use only The Goal is Clear! 18
Slide 19: Contact details
Contact details For personal use only Aspire Mining Limited ABN: 46 122 417 243 ASX Code: AKM Unit 2, 454 Roberts Road, Subiaco, Western Australia, 6008 Web: www.aspiremininglimited.com David Paull : Tel : +61 8 9381 1995 Managing Director Mob : +61 (0) 407 22 5291 Email: david@aspiremininglimited.c
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