Cauldron Energy Limited · ASX:CXU
Cauldron Energy — Investor Presentation (May 2023)
25 slides from Cauldron Energy's investor presentation, May 26, 2023
Slide 1: Exploring the Energy Transition: Melrose and Yanrey Updates
ASX: CXU Cauldron Energy Limited ABN 22 102 912 783 For personal use only Exploring the Energy Transition Melrose and Yanrey Updates Corporate Presentation May 2023 @cxuasx 1
Slide 2: Investment Highlights
Investment Highlights New team has secured first acquisition consistent with revised strategy; as well as progressing value delivery for Yanrey. • Nuclear recognised as critical to delivering baseload electricity for a low carbon future For personal use only Uranium a core • Significant number of ne
Slide 3: Corporate Overview
Corporate Overview Backing the new team to deliver. Company Details Highly Experienced New Management Team For personal use only Company ASX Code CXU Share Price as at close of market 25 May 2023 0.7c Ian Jonathan Fisher Ordinary Shares on Issue ~932M Mulholland CEO Chairman Commenced Dec 22 Perform
Slide 4: Current Project Portfolio Overview
Current Project Portfolio Overview Cauldron’s portfolio of projects offers exposure to commodities that include uranium and sand; with exciting exploration potential incl Cu, Ni, PGM and rare earths. Gold to be divested and broader energy transition exploration and M&A opportunities being assessed.
Slide 5: Growth Consistent with Strategy
Growth Consistent with Strategy Cauldron will look to leverage its existing landholding and knowledge in the uranium sector; assessing opportunities across the energy transition thematic; whilst generating near term value from its non-core asset portfolio. For personal use only Broader energy transi
Slide 6: Melrose Project, Dalwallinu, WA
For personal use only Melrose Project Dalwallinu, WA 6 6
Slide 7: Melrose located in West Yilgarn Ni-Cu-PGE Province
Melrose located in West Yilgarn Ni-Cu-PGE Province Advantaged geological position at in the West Yilgarn Ni-Cu-PGE Province of Western Australia, discovered and defined by Chalice in 2019. Overview of the West Yilgarn province For personal use only Melrose sits entirely in the new West Yilgarn mafic
Slide 8: Melrose Project Dalwallinu, WA
Melrose Project Dalwallinu, WA Option to acquire project; exceptional location - highly prospective for Julimar style Nickel- Copper-PGE mineralization. Location Regional factors For personal use only • The Project area is 13 km south of Chalice’s Barrabarra Ni-Cu- PGE project, which Chalice state a
Slide 9: Melrose Project – History, Data
Melrose Project – History, Data Melrose Project: The best nickel targets in West Yilgarn Ni-Cu-PGE province. History and Data "Melrose returned Nickel from For personal use only shallow air core drilling, • The Project area hosts historical gold production – e.g. ranging between 0.20% to the Pithara
Slide 10: Melrose Project: Immediate Drill Targets
Melrose Project: 4 Immediate Drill Targets1 High quality foundation asset with significant potential for growth; Planning for drill campaign underway. Target 01 Target 02 Target 03 Target 04 For personal use only DTR937 (Infill hole) 19m @ 0.32% Ni from 17m incl 4m @ 0.41%Ni from 25m DTR936 (Twin of
Slide 11: For personal use only
For personal use only 11 11
Slide 12: Perfect Storm Driving Uranium Fundamentals
Perfect Storm Driving Uranium Fundamentals After years of underinvestment; uranium supply is now running well behind expected demand. Intermittency of Renewables Recognition that nuclear is a Decarbonisation trend in Decarbonisation driving requires baseload for grid fundamental part of the For pers
Slide 13: Yanrey: Uranium With Potential For Other Commodities
Yanrey: Uranium With Potential For Other Commodities High quality foundation asset with significant potential for growth; Planning for drill campaign underway (PoW recently approved by DMIRS) Location Regional factors Commentary For personal use only • Other major deposits in region, e.g. – Manyinge
Slide 14: Yanrey: Additional Commodity Potential
Yanrey: Additional Commodity Potential CXU is looking to deliver near term value from its Yanrey landholdings by exploring for other in demand commodities. CXU has identified potential for carbonatites in the project area. Regional map CXU regional interpretation For personal use only • Review of hi
Slide 15: Yanrey: Additional Commodity Potential
Yanrey: Additional Commodity Potential CXU is looking to deliver near term value from its Yanrey landholdings by exploring for other in demand commodities. Detailed map with CXU Interpretation CXU detailed interpretation and workplan For personal use only • Review of historical records and geophysic
Slide 16: Yanrey: Additional Commodity Potential
Yanrey: Additional Commodity Potential CXU is looking to deliver near term value from its Yanrey landholdings by exploring for other in demand commodities. Detailed map with CXU Interpretation Notes For personal use only • Yellow circles: initial targets for follow up; with the dashed line represent
Slide 17: Yanrey - Bennet Well Deposit
Yanrey - Bennet Well Deposit Significant Resource with multiple high priority extension targets. Resource Grade Contained Contained Tonne Category Metal Metal For personal use only (ppm s (Mt) (150 cutoff) eU3O8) Oxide (t) Oxide (Mlb) Indicated 21.9 375 8,230 18.1 Inferred 16.9 335 5,670 12.5 Signif
Slide 18: Benefits of Potential ISR (In Situ Recovery)
Benefits of Potential ISR (In Situ Recovery) ISR has completely transformed the uranium production market; assets amenable to ISR are therefore highly sought after. • Most popular and fastest growing process route for global uranium production For personal use only Amenability to ISR can trump head
Slide 19: Corporate
For personal use only Corporate 19 19
Slide 20: Value Proposition and Catalysts
Value Proposition and Catalysts Undervalued v peers; strong price catalysts and favourable commodity momentum. For personal use only Peer comparison as at 9 March 2023 based on EV / lb U3O8 Price Catalysts 12 Operating • Board and management, strategy reset driving more eyes on the stock DFS 10 • In
Slide 21: Contacts
For personal use only Contacts Jonathan Fisher Chief Executive Officer jonathan.fisher@cauldronenergy.com.au Michael Fry Director / CoSec Michael.fry@cauldronenergy.com.au @cxuasx 21
Slide 22: Important Information
Important Information This Presentation may include statements that could be deemed ‘forward looking statements.’ Although the Company believes the expectations Forward Looking Statements expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guaran
Slide 23: Competent Person Information
Competent Person Information The information in this Presentation that relates to the potential for uranium and other mineralisation including that of vanadium, rare earths, copper, nickel and PGE’s, at the Yanrey Uranium Project is extracted from a report released to the Australian Securities Excha
Slide 24: Mineral Resources – Bennett Well Deposit
Mineral Resources – Bennett Well Deposit The Mineral Resource (JORC 2012) estimate is: Inferred Resource: 16.9 Mt at 335 ppm eU3O8 for total contained uranium-oxide of 12.5 Mlb (5,670 t) at 150 ppm cut-off. Indicated Resource: 21.9 Mt at 375 ppm eU3O8 for total contained uranium-oxide of 18.1 Mlb (8
Slide 25: Appendix: Peer Group Details
Appendix: Peer Group Details Shares Mkt Cap Grade, U3O8 EV/Mlb Code Company Price Cash EV 1 Year Mt U3O8 (t) Project EV/t U3O8 Stage Issued (M) $M ppm (Mlbs) U3O8 Source Notes --> 1 2 calc 3 calc 4 5 6 calc calc calc calc 7 LOT Lotus Resources Ltd $0.21 1,330.0 279.3 23.6 255.7 -40.00% 15.9 660 10,4