Sephaku Holdings Limited · JSE:SEP
Sephaku — Investor Presentation (October 2010)
10 slides from Sephaku's investor presentation, October 2010
Slide 1: Investor Presentation
Investor Presentation October 2010 Group structure 2 1
Slide 2: Who we are / Project evaluation
Who we are • Mineral development company • Focus on cement and fluorspar • JSE main board listing since 21 August 2009 • Share code: SEP • Market cap – R568 million Our strategic vision is to realise shareholder value by developing our mineral exploration assets up the value curve 3 Project evaluati
Slide 3: Cement business: Exceptional returns
Cement business 5 Exceptional returns… A strategic investment in the South African Infrastructure space giving you…. • A project life IRR in excess of 27% • A five year exit IRR in excess of 50% • A great alternative to existing peers in the cement space • Exceptional ongoing cash generation • Highl
Slide 4: The opportunity / Achievements
The opportunity The market gap is there because…. • The industry is supplied by archaic plants • There is no clear commitment to expand to meet future demand • Sustainable growth in cement demand for many years to come • Massive development backlogs in almost all areas • The industry will again be o
Slide 5: Fluorspar
9 Fluorspar • Nokeng fluorspar project • Plattekop deposit p • Outwashfan deposit • Wallmannsthal Deposit Limpopo Nokeng Fluorspar project area Mpumalanga Gauteng North West Johannesburg Free State KwaZulu- Natal Lesotho Durban Northern Cape Eastern Cape Western Cape Port Elizabeth Cape Town 10 5
Slide 6: Fluorspar project overview / Strategic intent
Fluorspar project overview • Nokeng Fluorspar Mine (Pty) limited is a wholly owned subsidiary of Sephaku Fluoride • Feasibility study completed in October 2009 • Will be major supplier of fluorspar by 2013 • Beneficiation – production facility Resource and reserve summary • sulphuric acid plant Clas
Slide 7: Development / The market today
Development • National strategy to establish fluorocarbon value chain • Government s support of the Fluorochemical Expansion inititative and Government’s beneficiation processes • Big drive towards nuclear power stations • Potential HF demand of 38 000 tons per annum in Africa • SA has a big drive t
Slide 8: Fluor-chemicals in Everyday Applications / Concentrator plant project status
Fluor-chemicals in Everyday Applications 15 Concentrator plant project status • Completed a 10% <DFS < -5 % • Basic Engineering Completed • Project Execution Plan • initially July 2010 on site • October 2010 • Identified long lead Items & Risks • Ball Mills and Vertical Mills • Transformers • Filter
Slide 9: Chemical plant project status / Valuation of upside in Sephaku Fluoride
Chemical plant project status • Completed a 25% <PFS < - 25 % • 10% Basic Engineering Completed • Financial Model DFS Concentrator & PFS Chemical Plant • Minimum Class 2 for both • Site Identification Finalized • EIA Scoping Study in Progress • Safety & Risk Advisor Appointed • Preliminary Engineeri
Slide 10: Valuation of Sephaku Holdings' interest in Cement / Disclaimer
Valuation of Sephaku Holdings' interest in Cement. Economic value of Project Per June 2010 CPR R3.811bn SepHold participation 36% R1.372bn Value per SepHold share 155m shares R8.85 Fully diluted participation 161m shares R8.52 19 Disclaimer The information contained in this presentation or subsequen
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