Aura Energy Ltd · ASX:AEE
Aura Energy — Investor Presentation (October 2021)
18 slides from Aura Energy's investor presentation, Oct 7, 2021
Slide 1: Aura Energy: A Near-Term Uranium Producer
ASX:AEE AURA ENERGY AIM:AURA A Near-Term Uranium Producer Competitive Advantage and Comparison Presentation 7 October 2021
Slide 2: Disclaimer
DISCLAIMER This document, any attachments and the oral presentation on the slides (together the "Presentation") have been prepared and are being supplied to you by Aura Energy Limited (the "Company") solely for information purposes. The information and opinions in this Presentation or any other mate
Slide 3: Investment Highlights
INVESTMENT HIGHLIGHTS Low Capex and Current Capital Recent 10% Up to US$20m Loyalty Options Low Operating Cost Estimate & DFS Resource Project Offtake Rights Issue Upgrade Debt Financing* Capital cost of DFS Capital JORC Resource of Electrical utilities to Record Date as at US$74.8m updated August 5
Slide 4: Low Capital & Operating Cost
LOW CAPITAL & OPERATING COST HOW DOES AURA ENERGY COMPARE TO PEERS? TIRIS URANIUM PROJECT OTHER URANIUM PROJECTS Significant drill and blast through the expensive use of explosives and other No Drill and Blast methods including gas pressure blasting pyrotechnics to break rock for excavation. Use sub
Slide 5: Aura Energy Competitive Advantage
AURA ENERGY COMPETITVE ADVANTAGE WHO CAN BE FIRST TO CASHFLOW? PROJECT ATTRIBUTES FOR FAST AURA TICKS ALL THE BOXES DEVELOPMENT • Capital cost must be low US$74 million • Operating cost must be low US$25.81/lb • Low threshold uranium price to commence production ~US$30’s/lb • Time to production 18 m
Slide 6: Aura Energy Competitive Advantage: Near Term Uranium Producers
AURA ENERGY COMPETITIVE ADVANTAGE NEAR TERM URANIUM PRODUCERS Aura Bannerman Energy Energy Boss Global Atomic Fission Denison Paladin Energy NexGen Stock Code ASX:AEE ASX:BMN ASX:BOE TSE:GLO TSE:FCU NYSE:DNN ASX:PDN TSE:NXE Mkt cap (AU$) $81.8m $340.4m $575.3m $549.3m $613.7m $1,717.8m $2,467.1m $3,
Slide 7: Aura Energy DFS Tiris Uranium Project
AURA ENERGY DFS Tiris Uranium Project PROJECT ATTIBUTES • Shallow flat-lying surface mineralisation (1-5 metres) • Low-cost mining (free digging) • Simple extraction method (92% in leach) KEY OUTCOMES OF THE STUDY Mauritania • Low capital cost of US$74.8 million • Low C1 cash cost of US$25.43/lb U3O
Slide 8: Shallow Free Digging Mineralisation
SHALLOW FREE DIGGING MINERALISATION CALCRETE DEPOSIT WITH CARNOTITE URANIUM IN A • No Drill and Blast WEATHERED GRANITE HOST • No Crushing or Grinding • Drives lower capex and opex • Permitting in a remote desert URANIUM location easier MINERALISATION • Excellent water discoveries AS CARNOTITE 8 8
Slide 9: Ability to Increase Production Rate
ABILITY TO INCREASE PRODUCTION RATE WITHOUT SIGNIFICANTLY INCREASING CAPITAL COST POTENTIAL FOR PRODUCTION EXPANSION • Tiris design has layout allowance to expand to 3 Mlb U₃O₈ pa • Previous studies confirmed expansion potential • Capital to increase production three-fold estimated to be approximate
Slide 10: Ore Upgrade & Increasing Recovery %
ORE UPGRADE & INCREASING RECOVERY % URANIUM FOR THE ENERGY TRANSITION 10
Slide 11: Potential Upside for Aura Energy
POTENTIAL UPSIDE FOR AURA ENERGY EXPANDING THE EXISTING RESOURCE • Further drilling to expand the resource from 56 Mlb • Increase Measured and Indicated from current Inferred Resources • Refine drilling within and at the edge of resource envelopes EXPLORATION DISCOVERY • Actively working on high gra
Slide 12: Current Exploration Activities
CURRENT EXPLORATION ACTIVITIES • Water drilling currently continuing • Tiris Uranium Project opportunity review underway to further lower operating costs • Lowering costs of production through Vanadium by-product recovery • Results imminent from Net Zero emission study undertaken by mining engineeri
Slide 13: Contact
CONTACT Peter Reeve Managing Director preeve@auraee.com Jane Morgan Investor & Media Relations jm@janemorganmanagement.com.au +61 405 555 618 This presentation was approved by the Board of Directors 13 Aura Energy Limited Suite 1, Level 3, 62 Lygon Street, Carlton South, VIC 3053
Slide 14: JORC Resource - Tiris Uranium Project
APPENDIX JORC RESOURCE -TIRIS URANIUM PROJECT Table 1: Tiris Resource Summary, August 2021 Table 2: Tiris East Resource Summary, August 2021. Cut-off Resource Clas Tonnes U3O8 U3O8 U3O8 Cut-off Tonnes U3O8 Class U3O8 (g/t) U3O8 (Mlb) U3O8 g/t Zone s (Mt) (g/t) (Mkg) (Mlb) U3O8 g/t (Mt) (Mkg) 100 All
Slide 15: JORC Resource - Tiris Uranium Project
APPENDIX JORC RESOURCE -TIRIS URANIUM PROJECT Table 1: Tiris Resource Inventory as at 27 August 20211: Cut-off U3O8 g/t Resource Zone Class Tonnes (Mt) U3O8 (g/t) U3O8 (Mkg) U3O8 (Mlb) 100 All Measured 10.2 236 2.4 5.3 100 All Indicated 29.0 222 6.4 14.2 100 All Total M&I 39.2 226 8.8 19.5 100 All I
Slide 16: Nuclear Demand Needs Additional Supply
NUCLEAR DEMAND NEEDS ADDITIONAL SUPPLY 16
Slide 17: The Shift Towards Nuclear
THE SHIFT TOWARDS NULCEAR Demand for net-zero carbon dioxide emissions 2050 Sentiment has shifted to Nuclear Power as a safe, reliable and cost effective way to deliver energy Small modular nuclear reactors are a game changer in technology New uranium mines will take 18-24 months to be in production
Slide 18: Competent Persons Statement
COMPETENT PERSONS STATEMENT The Competent Person for resource information is Mr Neil Clifford. Mr Clifford has sufficient experience that is relevant to the styles of mineralisation and types of deposit under consideration to qualify as a Competent Person as defined in the 2012 edition of the ‘Austr