Slide 1: Investor Presentation
For personal use only August 2018 Investor Presentation Advancing one of the world’s highest-grade scandium projects towards development
Slide 2: Platina at a glance
Platina at a glance Owendale (100%) New South Wales For personal use only Platina is listed on the ▪ Target – Sc, Co, Ni & Pt Australian Securities ▪ One of the world’s Exchange (ASX:PGM) and holds a high-quality highest grade portfolio of cobalt, scandium and cobalt scandium, gold and deposits plat
Slide 3: Capital Structure
Capital Structure For personal use only Share Structure Capitalisation ASX Code PGM Price 9.5¢ Shares(1) 264.1 million Market cap AUD$25 million 52 week low/high 7.7¢ - 26.5¢ Cash (30 Sept 2018) AUD$4.1 million Top 20 shareholders 53% Debt (30 Sept 2018) Nil Note: Enterprise value AUD$21 million 1 E
Slide 4: Board
Board For personal use only Mr. Brian Moller Corey Nolan Chris Hartley John Anderson Paul Jurman LL.B (Hons) B.Com, MMEE, GAICD Bsc; PhD,GAICD LL.B,B.Com,GDCL,GAICD B.Com, CPA Non-Executive Chairman Managing Director Non-Executive Director Non-Executive Director Company Secretary Partner with law fi
Slide 5: Management – Significant Laterite Expertise
Management – Significant Laterite Expertise For personal use only John Horton Boyd Willis Roland Wells Gideon Steyl BSc (hons) DipCompSc PGCert BAppSc(AppChem), ARMIT Mining, Civil PhD, MIEAust CPEng RPEQ Env, Geostats MAIG FAusIMM CP FAusIMM, CP Project Director MRACI CChem Principal Geologist Proj
Slide 6: Platina Investment Highlights
Platina Investment Highlights For personal use only Owendale is an advanced, de- Executing a strategy to realise risked project. Feasibility Study value from the Skaergaard due for completion 4Q2018 and Munni Munni projects Executing a plan at Owendale to Low market capitalisation and get into produ
Slide 7: Owendale Scandium Opportunity
Owendale Scandium Opportunity • Scandium’s primary use today is in solid fuel cells For personal use only (Bloom Energy) • Demand growth – driven by the next generation of lightweight Sc-Al alloys • Sc-Al alloys provide superior strength, corrosion resistance and weldability • Market growth – constr
Slide 8: Scandium demand quote
For personal use only “ Aluminum alloys present the largest of these potential scandium applications. If only a tiny fraction (0.1 %) of the annual aluminum market absorbed scandium in alloy at a 0.5% level, it would represent 350 tonnes in annual global scandium demand. Many observers believe globa
Slide 9: Owendale: Located in a Major Mining Province
Owendale: Located in a Major Mining Province • Premier mining address - 350 km For personal use only west of Sydney, New South Wales • Established mining district with highly skilled workforce • Major gold and copper mining operations in the district including, Cadia and North Parkes • Significant t
Slide 10: Owendale: Staged Development Strategy
Owendale: Staged Development Strategy Following completion of the July 2017 Pre-Feasibility Study, a staged development For personal use only strategy was adopted to match market demand July 2017 - Pre-Feasibility Study Modular Development Approach Pre-tax US$180m NPV (10% real) 20t/yr Capex Estimat
Slide 11: Owendale: Multi, High-Value Product Options
Owendale: Multi, High-Value Product Options For personal use only Scandium Oxide Phase II Expansion to Other Potential Products 42t / year Sc2O3 Sc-Al Master Alloys Cobalt JORC Resource (0.08% Co cut-off) Sc Co Pt Ni Nickel and Cobalt Mt ppm % g/t % Measured 4.0 380 0.14 0.49 0.29 Indicated 6.2 350
Slide 12: Owendale: JORC Ore Reserves & Resources
Owendale: JORC Ore Reserves & Resources JORC Ore Reserve (400 ppm Sc cut-off) For personal use only • Laterite hosted orebody Dry Sc Co Ni Sc2O3 Co Ni rich in scandium and Mt ppm % % t* t t cobalt Proven 2.22 560 0.09 0.13 1,896 2,027 2,905 • One of the highest-grade Probable 1.76 540 0.08 0.13 1,46
Slide 13: Owendale: Low-cost mining methodology
Owendale: Low-cost mining methodology • Large ore zone widths between 5 and 15 metres - maximum depth of mining ~25 metres For personal use only • Laterally extensive ore zones - mining flexibility and different ore types (e.g. cobalt) • Low stripping ratio + mining in strips will reduce waste movem
Slide 14: Owendale: Processing Methodology
Owendale: Processing Methodology • Owendale is a laterite ore deposit – 2/3rds of world nickel For personal use only production comes from laterites • Conventional High-Pressure Acid Leach (HPAL) process route • Very low in acid consuming elements • 6t bulk sample pilot tested – 99.99% Sc2O3 produce
Slide 15: Owendale: Proven, Well-Tested Flow Sheet
Owendale: Proven, Well-Tested Flow Sheet For personal use only Stage 2 Options
Slide 16: Owendale: Processing Site Established
Owendale: Processing Site Established • Established industrial site For personal use only chosen for processing facilities • Ore to be trucked 70 km from Red Heart mine to Condobolin processing site • Access to power, water, roads, buildings and labour • Simple permitting – no Mining Lease required
Slide 17: Owendale: Definitive Feasibility Study Status
Owendale: Definitive Feasibility Study Status For personal use only DFS ~74% complete and scheduled for completion in 4Q 2018 ELEMENT 21 PTY LTD
Slide 18: Owendale: Undervalued Versus Peers
Owendale: Undervalued Versus Peers 400 For personal use only • Market cap very low 350 Market Capitalisation ($A million) compared to laterite peers 300 • Attributes no value to PGM’s other assets 250 200 150 100 50 $25 $54 $55 $61 $81 $137 $170 $417 0
Slide 19: Munni Munni Joint Venture
Munni Munni Joint Venture – PGM 30% & Artemis Resources 70% For personal use only Large Au/PGM deposit with conglomerate gold potential • Located in the midst of the Pilbara Fortescue sediments gold rush • 20km from Purdy’s Reward gold discovery • 2,218m of previously drilled Fortescue sediments ide
Slide 20: Skaergaard
SKAERGAARD One of the world’s largest undeveloped For personal use only gold and palladium resources • Located on the east coast of Greenland • Mineralisation outcrops at surface and extends to at least 1.1 km vertical depth • 35,000m of diamond drilling & A$16m spent • Additional infill drilling is
Slide 21: M&A Strategy
M&A Strategy Create a portfolio of carefully-chosen projects at various stages - thereby balancing the risk - based on For personal use only the following criteria: Project targeting objectives – identify Focus on investment returns – undervalued turnaround seeking high IRR and bottom opportunities:
Slide 22: Share Price Catalysts
Share Price Catalysts For personal use only Completion of the Advancing the Owendale Feasibility Skaergaard and Munni Munni projects Study – 4Q2018 Lodgment of the Active stock promotion Environmental Assessment & Mining License – 4Q2018 and global investor marketing campaign Owendale offtak
Slide 23: Appendix
For personal use only Appendix
Slide 24: Scandium
Scandium 101 Sc For personal use only What is scandium? What is scandium used for ? How is scandium priced? • Scandium is a soft, silvery white • Demand expected to rapidly increase • There is no exchange traded Scandium is a metal given the superior strength and thermal market for scandium niche ch
Slide 25: The Electric vehicle opportunity for Platina
The Electric vehicle opportunity for Platina Lithium-ion battery pack Vehicle chassis and body panels Cobalt: For personal use only Scandium: • Cobalt is an integral metal used in Owendale is • Aluminium alloys widely used the cathode of lithium-ion batteries in chassis manufacturing • Cobalt compos
Slide 26: The clean technology revolution
The clean technology revolution Energy efficiency in industrial processing For personal use only Global • Global economic development, particularly in sustainable • Increasing awareness of emerging regions, is resulting in a significant increase in energy demand energy the dangers posed by • Industr
Slide 27: The opportunity for scandium alloys
The opportunity for scandium alloys The addition of Sc2O3 in the manufacturing of various materials For personal use only significantly improves its performance, driving significant cost savings for the manufacturer • The introduction of scandium greatly improves traditional aluminium alloys: – Refi
Slide 28: Disclaimer
Disclaimer Cautionary and Forward-Looking Statements COMPETENT PERSON STATEMENT For personal use only This presentation contains “forward-looking information” which may include, but is not limited The information in this presentation is based on, and fairly represents information and to, statements
Slide 29: Contact
For personal use only Contact Telephone: +61 7 5580 9094 Email: admin@platinaresources.com.au Level 2, Suite 9, 389 Oxford Street Mt Hawthorn WA 6016 AUSTRALIA www.platinaresources.com.au