Slide 1: Company Presentation
For personal use only COMPANY PRESENTATION The Mining 2012 Resources Convention 31 October – 2 November 2012 Brisbane, QLD Presented by: Simon Youds
Slide 2: Corporate Snapshot
Corporate Snapshot For personal use only Capital Structure (as at 29/10/12) Directors & Management Ordinary shares 155.3 M Exec. Chairman Tony Sage Listed options 12.6 M Exec. Director Brett Smith Unlisted options 4.3 M Non-Exec. Director Qiu Derong Market cap. (AUD$0.45) A$69.9M Ope
Slide 3: Recent News: October 2012
Recent News: October 2012 CXU: speculative base metals opportunity with significant blue sky, plus outstanding global For personal use only uranium assets with downside-risk negated by a demand driven, supply constrained upswing in the commodity price. Notes Converted at Premium Base Metals Disc
Slide 4: Base Metals Discovery, S.A.
Base Metals Discovery, S.A. For personal use only Extensive High-Grade Base Metal Mineralisation Discovered at Marree, S.A. Significant Discovery 8km x 10km Silver-Lead-Zinc anomaly Visible sulphide mineralisation Historical mining Same geological province and similar metal association to Br
Slide 5: Reconnaissance Sampling Success
Reconnaissance Sampling Success For personal use only Anomaly Discovered by Modern Sampling Techniques on Unexplored Tenements Historical workings with shafts border the 8km x 10km geochemical anomaly (N&S) Extensive nature of mineralisation previously unrecognised: rocks extremely weathered,
Slide 6: Sample Analysis
Sample Analysis For personal use only Mineral Correlations Indicate A Classic Base Metal Signature Peak rock-chip results taken from newly identified historical workings on the less- weathered margins of anomaly include: 936 g/t Silver (Ag) +20 % Lead (Pb) 23 % Zinc (Zn) 1.72 g/t Gold (A
Slide 7: Global Uranium Assets
Global Uranium Assets For personal use only CXU: Top-Shelf Assets Distilled from Two Uranium Companies Uranium Australia Yanrey W.A. Marree S.A. Lake Frome S.A. Amadeus N.T. Uranium Argentina Rio Colorado Esperanza Las Marias Los Colorados Large Project Areas with Defined Uranium & R
Slide 8: Socially Responsible Power
Socially Responsible Power For personal use only Next generation nuclear power has lowest intrinsic cost: Social, Capex, Opex Renewables are realistically 50 – 100 years away as baseload option Low emission power is key; nuclear is the only carbon free baseload source of electricity 1t uranium
Slide 9: World Nuclear Energy Market
World Nuclear Energy Market For personal use only Emerging economies banking on nuclear power to meet electricity demands Nuclear only clean energy fuel option for developing nations Lowest social cost and financial power option given post Fukushima safety gains China’s electricity demand grow
Slide 10: Uranium Market Drivers
Uranium Market Drivers “Supply not keeping up with demand For personal use only Tidal Wave 11th March 2011 Power Station Growth Manifestation of worst case disaster scenario; Operational 434 Man-made; 3-Mile Island, Chernobyl…. 63 under construction; 496 planned or Fukushima… natural cause. pr
Slide 11: Demand Growth & Supply
Demand Growth & Supply For personal use only Forecast Nuclear Power Growth ~34% by 2030 v. Continued Demand Increase/ Supply Decrease 2011 mine production of ~54,000 tons uranium fulfilled 85% global demand Mt to MW program ending in 2013 • how will this supply gap be filled? Supply remains co
Slide 12: Production Cost Step Change
Production Cost Step Change For personal use only Current commodity price remain biggest impediment to supply growth Current commodity price remain biggest impediment to supply growth Current spot price ~$50/lb – trigger price is $85/lb For supply growth, commodity price must increase Market D
Slide 13: In-Situ Leach Uranium Deposits
In-Situ Leach Uranium Deposits For personal use only Low Capex ISL Projects Provide Growth Platform Sandstone roll-front ISL operations production price : $10/lb - $16/lb globally Revenue at $50/lb is 4-5 times C1 cash cost Room to grow and prosper in current market Multiple deposits to one
Slide 14: Social Engagement Important
Social Engagement Important For personal use only ISL: Most Cost Effective + Safe Uranium Mining Method Land: upon decommissioning, land readily reverts to its previous use Water: quality reverts to original condition over time once oxygen input + leaching discontinued, Radiation safeguards ap
Slide 15: Asset Rich Company
Asset Rich Company Argentina For personal use only Large uranium endowment Advanced nuclear power generation industry Argentina currently imports 100% of U used Government support + investment incentives Rio Colorado: huge potential Australia Advanced Uranium projects $6.2M Marree JV (
Slide 16: Yanrey Project: Western Australia
Yanrey Project: Western Australia For personal use only Potential In-Situ Leach (ISL) Mining Opportunity Inferred Mineral Resource1 7.3Mt @ 300ppm eU3O8 for 4.8Mlbs (2,200t) eU3O8 at a 150ppm cut-off Between to Paladin’s 23.4Mlb Manyingee & Energia’s Nyang 9.2Mlb Resources 25-35Mlb Yanrey Expl
Slide 17: Radiometric Geophysical Maps
Radiometric Geophysical Maps CXU Yanrey Project, WA CXU Marree Project, SA For personal use only Dunns Manyingee Peepingee Weaner WeanerBore Bore21 Bennett Well YAN-1 Shallow Bore Main Road Channel North Granites Bore Main Road Channel Source Jane Well Golan A White Spot Dulc Kimbers Well 9 Bora Bor
Slide 18: Marree JV: South Australia
Marree JV : South Australia For personal use only Marree Project JV: KORES earning 50% KORES, Daewoo, LG International (40% current holding) $6.2 million over 3 years Year 1 & 2 completed May 2011 Current mapping and soil sampling underway to define drill targets Significant increase in ec
Slide 19: Summary: Yanrey & Marree
Summary: Yanrey & Marree For personal use only CXU Australia: Multiple Uranium Anomalies – Untested, Outstanding Potential Sandstone deposits in fossil river systems average grades of between 0.05% - 0.40% U3O8 Sources Eroded hot granites Carbon derived from swamp environments Consistent s
Slide 20: Argentina: Nuclear Power
Argentina: Nuclear Power For personal use only Argentina Wants Home Grown Uranium Supply to De-risk Power Growth Two nuclear power generators 7% of National power consumption is nuclear Current electricity supply is inadequate for demand and growth 2015 plan to grow nuclear power capacity to
Slide 21: Rio Colorado: Argentina
Rio Colorado: Argentina For personal use only Selected Channel Sample Results Best Assays 2,451 ppm 8 m @ 705 ppm U3O8 U3O8 11 m @ 246 ppm U3O8 17 oz/t Ag* 7 m @ 436 ppm U3O8 3.73% Cu 6 m @ 763 ppm U3O8 7 m @ 498 ppm U3O8 9 m @ 300 ppm U3O8 * = 17 oz/t Ag is upper detection limit for silver analysis
Slide 22: Valuable Metal Content
Valuable Metal Content For personal use only Work to Date Highlights Rio Colorado as a Copper/ Silver Opportunity with Uranium as “By-Product” Best Assays Argentina’s 3 reactors need 7,500t or 16M lbs U3O8 3km of Rio Colorado’s 16km mineralised trend required to meet “life of reactor” demand S
Slide 23: Argentina Socio-Political Issues
Argentina Socio-Political Issues For personal use only The Lights Are On….. 9 Julio Avenue, Buenos Aires Federal Government understands strategic significance of in-country uranium supply Government-owned projects with existing resources are located in environmentally sensitive areas (including
Slide 24: Investment Highlights
Investment Highlights For personal use only Current Underperformance in Junior Uranium Miners is Transient Uranium market and supply/ demand forecast Undervaluation of quality uranium miners creates credible buying opportunity ISL C1 cost multiplies at low market price New generation of nucl
Slide 25: Disclosure Statements
Disclosure Statements Forward Looking Statements: This presentation may include forward-looking statements with respect to achieving corporate objectives, developing additional project opportunities, the Company’s analysis of opportunities and the development of these and certain other matters. Thes
Slide 26: Contact Us
For personal use only CONTACT US Simon Youds Tony Sage David Tasker Cauldron Energy Limited Professional Public Relations 32 Harrogate Street Tel: +61 (8) 9388 0944 West Leederville WA 6007 M: +61 (0) 433 112 936 Tel: +61 (8) 6181 9796 david.tasker@ppr.com.au info@cauldronernergy.com.au www.cauldron