Conico Ltd · ASX:CNJ
Conico — Shareholder Meeting (November 2016)
15 slides from Conico's shareholder meeting presentation, Nov 8, 2016
Slide 1: 2016 AGM Presentation
For personal use only 2016 AGM Presentation 8 November 2016 Guy Le Page Director
Slide 2: Corporate Overview
Corporate Overview For personal use only Mt Thirsty Project, Norseman (Conico 50%) • Cobalt-Nickel Oxide Resource • Nickel Sulphide Exploration Conico Capital Structure • Issued Shares (CNJ) - 295.7m • Options (8c ex. 31/12/16) - 5.5m (3c ex. 30/11/19) - 58.6m • Market Capitalisation - $8.9m (7 Nove
Slide 3: Mt Thirsty Cobalt-Nickel Project
Mt Thirsty Cobalt - Nickel Project Conico - 50% JV interest with Barra Resources For personal use only
Slide 4: Cobalt Fundamentals
Cobalt Fundamentals • Recent price increases driven by demand for electric vehicles For personal use only – lithium ion batteries • Cobalt the most expensive raw material inside lithium-ion batteries - boosts battery performance o electric vehicle up to 15kg refined cobalt o smartphone battery 5-10g
Slide 5: Cobalt Demand Predicted to Soar
Cobalt Demand Predicted to Soar For personal use only
Slide 6: Cobalt-Nickel Oxide Ore Resource
Mt Thirsty Project Cobalt-Nickel Oxide Ore Resource For personal use only JORC (2004) Category Tonnes Co% Ni% Mn% Indicated 16,600,000 0.14 0.60 0.98 Inferred 15,340,000 0.11 0.51 0.73 Total 31,940,000 0.13 0.55 0.86 This resource information was prepared and first disclosed under the JORC Code 2004
Slide 7: Cobalt-Nickel Oxide Resource
Mt Thirsty Project Cobalt - Nickel Oxide Resource For personal use only Inferred Resource Indicated R63/4 Resource
Slide 8: Geology
Mt Thirsty Project - Geology For personal use only
Slide 9: Advantages
Mt Thirsty Project - Advantages For personal use only Potential long term ethical supplier of cobalt Located in a developed country with low sovereign risk Located in a mining friendly state, skilled local labour force Large proportion of revenue from cobalt Good infrastructure – close to
Slide 10: Major breakthrough 2013: metallurgical test results
Mt Thirsty Project For personal use only • Major breakthrough 2013: • Agitated leach tests proved the ability of SO2 alone to extract ~80% Co and >20% Ni from Mt Thirsty ore in 4 to 5 hours with low Fe extraction and low acid consumption (25-50kg/t). • Two conceptual flowsheets developed • Each are
Slide 11: Conceptual Flow Sheet: Paste Thickener Option
Mt Thirsty Project - Conceptual Flow Sheet Paste Thickener Option For personal use only
Slide 12: Work Program
Mt Thirsty Project - Work Program For personal use only • Drilling to obtain samples for further metallurgical test work to commence shortly • Metallurgical testwork to expand on and increase level of confidence in previous work undertaken • Scoping Study, lead by high calibre independent team, to g
Slide 13: For further information
Mt Thirsty Project For personal use only For further information visit www.mtthirstycobalt.com
Slide 14: Competent Person's Statement
Competent Person’s Statement For personal use only The information in this presentation that relates to Exploration Results and Mineral Resources is based on and fairly represents information compiled by Michael J Glasson and Robert N Smith, Competent Persons who are members of the Australian Instit
Slide 15: Disclaimer
Disclaimer For personal use only The interpretations and conclusions reached in this presentation are based on current geological theory and the best evidence available to the authors at the time of writing. It is the nature of all scientific conclusions that they are founded on an assessment of pro