Canyon Resources Limited · ASX:CAY
Canyon Resources — Investor Presentation (June 2022)
19 slides from Canyon Resources's investor presentation, Jun 21, 2022
Slide 1: Bankable Feasibility Study to deliver a world-class, high grade bauxite project
Bankable Feasibility Study to deliver a world-class, high grade bauxite project June 2022
Slide 2: Disclaimer
Disclaimer Competent Person’s Statement – Ore Reserves Ore Reserve estimate The information in this report that relates to Ore Reserves is based on information compiled or reviewed by Mr John Battista, The data in this announcement that relates to the Ore Reserve estimate estimates for the Minim Mar
Slide 3: Strong project economics and globally competitive operating costs
Strong project economics and globally competitive operating costs Strong project economics and globally competitive operating costs producing some of the highest grade bauxite in the world for an initial 20 years of mining. Key BFS economics BFS Study Highlights Study area BFS ✓ Conventional Operati
Slide 4: Major supply shocks and geopolitical events impacting bauxite markets
Major supply shocks and geopolitical events impacting bauxite markets www.canyonresources.com.au I Page: 4
Slide 5: Major supply shocks and geopolitical events impacting bauxite markets
Major supply shocks and geopolitical events impacting bauxite markets ▪ Major growth driver remains decline in both quality and quantity of domestic China bauxite supply Growing import demand from ▪ China produces ~60% of the world’s aluminium and is increasingly relying on imports to meet demand an
Slide 6: Future development well timed with bauxite macro outlook
Future development well timed with bauxite macro outlook Guinean Low Temp bauxite price May-2020 to May-2022 (CFR Shandong, China) Fundamentals driving bauxite price • Bauxite exports to China set new high in Q1'22, imports up by 15.4% Y-o-Y Typical Guinean bauxite product (45% Al2O3 & 3% SiO2) • Th
Slide 7: Offtake strategy
Offtake strategy ▪ Canyon’s bauxite has an attractive combination of characteristics for low and high temperature alumina refineries ▪ Leveraging strong position given full offtake optionality ▪ Product samples sent to numerous parties ▪ Funding to be connected with offtake discussions ▪ Ongoing dis
Slide 8: Experienced leaders appointed in critical development roles
Experienced leaders appointed in critical development roles Recent appointments in key roles to progress development and financing partnerships. Jean-Sebastien Boutet – Chief Executive Officer Cliff Lawrenson – Non-Executive Director ▪ Strong background in bauxite project development, commodity mark
Slide 9: Corporate Information
Corporate Information Market Capitalisation and Enterprise Value Share price / volume history (A$; millions) 0.25 Market Details Units Value 13.0 0.23 Shares outstanding m 701.8 0.20 11.0 Last close (29 April 2022) A$/share 0.087 0.18 9.0 Volume (m) Price (A$) Market Capitalisation A$m 63.2 0.15 7.0
Slide 10: Important catalysts (6-12 months)
Important catalysts (6-12 months) Delivery of the BFS is a key catalyst towards securing strategic financing, offtake and government agreements. June 2022 – BFS study completed 2022 ✓ Determined existing port and rail facilities are suitable for the Project ✓ MoU with the Port of Douala to finalise
Slide 11: Investment summary
Investment summary Tier 1, globally ✓ One of the largest undeveloped, high grade direct shipping bauxite deposits held outside of the existing major 1 significant, high grade industry players bauxite deposit ✓ JORC Reserve of 108.91Mt at 51.1% Al2O3 and 2.0% total SiO2 ✓ Strong project economics and
Slide 12: Appendix
Appendix 12
Slide 13: BFS defines conventional, development ready, bauxite project
BFS defines conventional, development ready, bauxite project Mine and Site Existing Existing Existing Infrastructure Road Inland Rail Facility Rail Rolling stock Port Transhipping 1:0.3 strip ratio Upgrade road Stockpile Existing track Locomotive fleet 33 Reach-stacker 5 barges unloading 6.4 Mtpa DS
Slide 14: Attractive high-grade project located outside of Guinea
Attractive high-grade project located outside of Guinea Infrastructure overcrowding has led to Guinea government enforcing a policy of 3rd party Quality comparison puts Canyon’s product infrastructure sharing at the top of the grade spectrum PREMIUM BAUXITE Total Alumina 42% 44% 46% 48% 50% 52% 54%
Slide 15: BFS - Project capital and operating costs
BFS - Project capital and operating costs Strong project economics and globally competitive operating costs producing some of the highest grade bauxite in the world for an initial 20 years of mining. Capital cost summary US$m C1 operating costs Opex Cost US$/t Mine and mine infrastructure 38.9 Mine
Slide 16: Experienced team to deliver a world class project
Experienced team to deliver a world class project High quality Project and Execution team. www.canyonresources.com.au I Page: 16
Slide 17: Key risks
Key risks Some of the key risks associated with an investment in the Company are summarised below. These risks and other general risks applicable to all investments in listed securities not specifically referred to, may affect the value of the Shares in the future. Accordingly, an investment in the
Slide 18: Key risks cont.
Key risks cont. Third Party Agreements The Company is required to negotiate and agree commercial terms with both private companies and Government instrumentalities in order to access rail and port infrastructure and services. These negotiations cannot take place until the completion of the BFS and e
Slide 19: Thank you
Thank you Authorised for release by the Board of Canyon Resources Limited Jean-Sebastien Boutet (CEO) info@canyonresouces.com.au Address Canyon Resources Limited Level 1, 181 Roberts Road, Subiaco WA 6008 Postal Address PO Box 7606 Cloisters Square, Perth WA, 6850 Registered Address Canyon Resources