Gwr Group Limited · ASX:GWR
Gwr — Investor Presentation (June 2021)
27 slides from Gwr's investor presentation, Jun 30, 2021
Slide 1: GWR Group Ltd – Wiluna Mine Site and Geraldton Port Presentation
GWR Group Ltd Wiluna Mine Site and Geraldton Port Presentation Cash Generation via Long Term Iron Ore Production 30 June 2021
Slide 2: Disclaimer
Disclaimer These materials include forward looking statements. Forward looking statements inherently involve subjective judgment & analysis & are subject to significant uncertainties, risks & contingencies, many of which are outside of the control of, & may be unknown to the company. Actual results
Slide 3: Company Board & Management
Company Board & Management Experienced and Well Credentialed Gary Lyons Non-Executive Chairman Mr Lyons is a successful and well respected Perth based businessman; being a shareholder and the Managing Director of the Heiniger Groups Australasian operations for the last 32 years. He is also Non-Execu
Slide 4: GWR Group Ltd – Company Overview
GWR Group Ltd – Company Overview Corporate Profile Top 20 Holders as of 31st May 2021 Capital Structure Position Holder Name # Held % ASX Code GWR 1 CITICORP NOMINEES PTY LIMITED 92,685,301 30.72 Shares on Issue 302.8m 2 HSBC CUSTODY NOMINEES (AUSTRALIA) LIMITED 46,871,920 15.54 Options (GWROA) 12.8
Slide 5: Wiluna West Iron Ore Project (WWIOP)
Wiluna West Iron Ore Project (WWIOP) • The Wiluna West Iron Ore Project (WWIOP) is an exceptional DSO iron ore resource, which metallurgical tests have demonstrated will produce a high-grade, low impurity iron ore. • WWIOP has a combined JORC 2004 Mineral Resource estimate of 131.1 Mt at 60.0% Fe(1)
Slide 6: WWIOP Resources & Reserves
WWIOP Resources & Reserves Wiluna West Iron Ore Project - Mineral Resource Reported above a 50% cut-off (JORC 2004) Wiluna West Iron Ore Project - Reserves Reported above a 50% cut-off (JORC 2004) Classification Tonnes Fe% SiO2% Al2O3% P% LOI% Proven 2.9 59.7 7.6 2.6 0.07 4.0 Probable 66.4 60.3 7.2
Slide 7: WWIOP – Flagship C4 DSO Iron Deposit
Wiluna West Iron Ore Project (WWIOP) – Flagship - C4 DSO Iron Deposit • The C4 deposit is 1.4km long and had a sub- outcropping hematite portion. • Has widths of DSO hematite mineralisation of up to 130m with close spaced RC drilling having previously been undertaken on a 25m by 10m spacing over a s
Slide 8: C4 DSO Iron Deposit – Stage 1 Profit Sharing Agreement (GWR 70%)
C4 DSO Iron Deposit – Stage 1 Profit Sharing Agreement (GWR 70%) • The Stage 1 PRG Agreement covers just 1 million tonnes of C4’s Mineral Resource. • The Alliance Contract provides for PRG undertaking all aspects of the operations ‘from Pit to Port’ on a cost plus basis • GWR is not required to prov
Slide 9: Who Are Pilbara Resource Group (PRG)?
Who Are Pilbara Resource Group (PRG)? • Pilbara Resource Group (www.pilbararg.com.au) are a privately owned Australian company headquartered in Perth, PRG seek to bring the best technical solutions to their clients who are developing and operating world-class projects. • Since PRG’s formation, they
Slide 10: WWIOP – C4 Project Stage 1 Initial Pit Design
WWIOP – C4 Project Stage 1 Initial Pit Design • The deposit is outcropping and mining of the C4 pit commenced in December 2020. • The Stage 1 pit will extract 1Mt of high-grade and high quality (low impurities) DSO product with a low strip ratio of 1:1.25. • Additional to this there is significant o
Slide 11: WWIOP – C4 Project Stage 1 Project Plan and Site Layout
WWIOP – C4 Project Stage 1 Project Plan and Site Layout GWR is currently using the facilities and infrastructure at the Rosslyn Hill accommodation village (previously on care and maintenance), which is located 18 km to the north of the C4 Project and includes: • Village – 180 Person camp (image belo
Slide 12: C4 Project Logistics – Geraldton Port Access and Storage
WWIOP – C4 Project Logistics – Geraldton Port Access and Storage • Priority access rights to Shed 88 (which is fully serviceable and has been maintained by MWPA) and provides the ability to haul into port and ship load at Port of Geraldton. • Site 88 includes a truck unloading facility, a storage sh
Slide 13: C4 Project Logistics – Mine To Port
WWIOP – C4 Project Logistics – Mine To Port Wiluna West C4 Iron Ore Project Meekatharra Via North Haul Rd Road Type km C4 Site to Meeka/Wiluna Road Gravel 18.3 Wiluna/Meeka Road to Meeka Gravel/Highway 157 Meekatharra to Geraldton Highway 536 Port of Geraldton 711.3 13
Slide 14: C4 Project – Haulage of Ore to Port
C4 Project – Haulage of Ore to Port Steady State Production Achieved • GWR has signed a haulage agreement with a large privately owned haulage and logistics groups in Western Australia which will enable GWR to expand its haulage operations and deliver a significant increase in tonnes to the Port of
Slide 15: C4 Project – Mining and Production
C4 Project – Mining and Production • A total of 328,262 tonnes (wmt) (Lump and Fines) was exported in 2HFY21 (up to 30 June 2021). GWR has loaded its second shipment for the month of June, the “MV DARYA MA” which departed with high-grade lump ore at the Port of Geraldton on the 27th June 2021. • Sec
Slide 16: C4 Project – Financial Performance
C4 Project – Financial Performance • The June Q 2021 has seen significant improvement in all metrics and GWR is now at Steady State Production, on track to achieve the sales of 1MT of ore from Stage 1 by December 2021. • GWR has renegotiated certain terms of its offtake agreement with Hong Kong Trad
Slide 17: C4 DSO Iron Deposit – Stage 2 Profit Sharing Agreement (GWR 82.5%)
C4 DSO Iron Deposit – Stage 2 Profit Sharing Agreement (GWR 82.5%) • Heads of Agreement (HOA) signed with Pilbara Resource Group Pty Ltd (PRG) for the Stage 2 development of the C4 Iron Deposit. • The Stage 2 Alliance Contract encompasses all aspects of the operations ‘from Pit to Port’ on a cost re
Slide 18: WWIOP – C4 Project Stage 2 Initial Pit Design and Works
WWIOP – C4 Project Stage 2 Initial Pit Design and Works Pit Design • Finalised pit design and mine schedule for an expanded Stage 2. • Stage 2 C4 pit and will extract approximately 2.2 million tonnes of iron ore at a low stripping ratio of just 1:1.25. • Substantial widths up to 130m of high-grade m
Slide 19: JWD Iron Ore Deposit – Mining Rights Agreement
JWD Iron Ore Deposit – Mining Rights Agreement • Mining Rights Agreement was executed for the mining of up to 3 million tonnes of iron ore from JWD Deposit with Fe Ltd (FEL:ASX). • Stage 1 and 2 attract a production royalty linked to the iron ore price, which provides cash payments to GWR in the ran
Slide 20: JWD Iron Ore Deposit – Production Activities Started
JWD Iron Ore Deposit – Production Activities Started Royalty Revenue Expected Soon • JWD is a fully permitted High-Grade Iron Ore Deposit1. • GWR expects FEL to complete their maiden shipment within the DecQ21. • . of the mining fleet and ancillary equipment has been mobilised and contractor Big Yel
Slide 21: Wiluna West Gold Project - IPO Spin Off
Wiluna West Gold Project - IPO Spin Off • Following a recent upgrade, the combined Wiluna West Gold Project’s JORC-2012 Mineral Resource estimate is 4,570,000 tonnes at 2.0 g/t Au for 293,000 oz Au (See Appendix 2). • Applications and firm commitments have been received in excess of the maximum $7,0
Slide 22: GWR Group Ltd – Current ASX Iron Ore Producer Targeting Long Term Production
GWR Group Ltd – Current ASX Iron Ore Producer Targeting Long Term Iron Ore Production Well funded Iron Ore Producer with a strong shareholder base • Steady state production reached and on track to export 1,000,000 tonnes by December 2021. • Expect to ship at least twice per month (total ~110,000 ton
Slide 23: Thank you
Thank you . C4 Stage 2 – First Blast that occurred on 22nd June 2021 at the South End of the Stage 2 Pit Refer to ASX announcement 24 Jun 2021 23
Slide 24: Appendix
Appendix • Appendix 1 • Wiluna West Iron Ore Project (WWIOP) - Mineral Resources • Appendix 2 • Wiluna West Gold Project - Mineral Resources 24
Slide 25: Wiluna West Iron Ore Project Mineral Resources (Appendix 1)
Wiluna West Iron Ore Project Mineral Resources (Appendix 1) Mineral Resource Estimate Reported above a 50% cut-off (1) Al2O3 Classification Tonnes Fe% SiO2% P% LOI% % Measured 10.1 62.5 4.5 1.9 0.05 3.4 Indicated 72.0 59.9 7.8 2.4 0.06 3.6 Inferred 48.8 59.4 7.4 2.6 0.06 4.0 Total 131.1 60.0 7.4 2.4
Slide 26: Wiluna West Gold Project Mineral Resources (Appendix 2)
Wiluna West Gold Project Mineral Resources (Appendix 2) JORC Status Year Prospect Classification Tonnes Grade Ounces (g/t Au) JORC 2012 at 0.5 g/t cut-off 2019 Golden Monarch Measured 30,000 3.0 3,000 Indicated 380,000 2.1 26,000 Inferred 390,000 2.1 26,000 Subtotal 800,000 2.2 55,000 Eagle Indicate
Slide 27: Competent Person’s Statement
Competent Person’s Statement Wiluna West Iron Ore Mineral Resources The information in this report which relates to Exploration Targets, Exploration Results and Mineral Resources or Ore Reserves is based on information compiled by Mr Allen Maynard, who is a Member of the Australian Institute of Geos