Energy Metals Ltd · ASX:EME
Energy Metals — Conference Presentation (July 2010)
24 slides from Energy Metals's conference presentation, Jul 22, 2010
Slide 1: Energy Metals Limited
or thE Discovariny Lindsay Dudfield Executive Director ENERGY METALS LIMITED
Slide 2: Disclaimer
DISCLAIMER For personal use only This presentation has been prepared by Energy Metals Limited (“Energy Metals or EME”). The information contained in this presentation is a professional opinion only and is given in good faith. Certain information in this presentation has been derived from third parti
Slide 3: Energy Metals U3O8 Spot Price vs Share Price
Energy Metals (EME) U308 Spot Price vs Share Price EME Share Price — Uranium Spot Price —_— Long Term Uranium Price —— Spot Price EME Share US$Ib U308 Price A$ 140 3.00 120 1 42:50 GZ CGNPC | 100 Takeover Offer 2.00 80 60 40 20 / ial LER RR BRD CN Coe LEN NR al Fa CST Foo ca RN | CN IL DW A Dec Mar
Slide 4: China Nuclear Reactors
China Nuclear Reactors For personal use only Supply 2% of China’s electricity 11 Operating 20 Under construction 37 Planned 150 Proposed 6x increase to at least 60GWe by 2020 Further increase to 200 GWe by 2030 By comparison France (78% Nuclear) has 59 reactors – total 63 GWe
Slide 5: CGNPC (China Guangdong Nuclear Power Holding Co. Ltd)
For personal use only CGNPC (China Guangdong Nuclear Power Holding Co. Ltd) • Chinese clean energy group (established 1994) • Total assets US$16B, Net Assets >US$5B • 4 nuclear power plants, capacity 4GWe (70% sold to HK) • 13 power plants under construction or planned • one of only 2 Chinese compan
Slide 6: For personal use only
For personal use only 4,000 MWe installed capacity 25,000 MWe under construction
Slide 7: CGNPC Proportional Takeover
CGNPC For personal use only Proportional Takeover • 8 Sept 2009 CGNPC offered $1.02 cash for 70% of shares (60% premium to 3 month VWAP prior to Offer) • Offer closed 18 Dec 2009 (CGNPC ~66%) • CGNPC underwrote $12M Rights Issue (1:9 @ $0.90) • Rights Issue closed12 March 2010 (CGNPC holds 69.3%) •
Slide 8: Capital Structure (current)
Capital Structure (current) For personal use only Shares on Issue 134.3m Options on Issue 0.5m Shareholders 1,051 Cash (31 March 2010) $ 14.8m CGNPC 93.1m shares 69.3% Jindalee Resources 14.0m shares 10.5% Mark Scott 2.8m shares 2.1%
Slide 9: Australian Uranium
AUSTIQAUaAS Ula@nium ~< Jabiluka Danan 4 Ty a Koongarra * K ‘ NORTHERN TERR q ‘Westmoreland | Manyingee EY [wees @ Valhalla pre : | Kintyree Rawlinson | diy, Angela) | ) ) WESTERN AUSTRALIA | QUEENSLAND Ny _Lake Mason Mason Yeolirrie iz Ai l aay DW! b 7 e | Lakeside Ce Four Mile WANG ft » e a & ea o
Slide 10: Bigrlyi, Ngalia & Macallan Projects
Bigrlyi, Ngalia & Macallan Projects ne mez: £27333 \ | Macallan Project | 3 S. e, 2 0 100Km | Ngalia Project’ £24463 £24462 £27169 Devonian Carboniferous Lake Lewis Undifferentiated Proterozoic [_] Granted tenement [_] Tenement application @ EME uranium prospect @ Uranium prospect (excised) == Prosp
Slide 11: Bigrlyi Project Mineralised Horizon and Anomalies
Bigrlyi Project Mineralised Horizon and Anomalies — ETT Southwark Granite =~ Mineralised Horizon | @ Uranium Prospect 0 <_» Uranium Resource a 4Km ener
Slide 12: Bigrlyi Project Resources
Bigrlyi Project —— grerr Resources == ee
Slide 13: For personal use only
For personal use only Bigrlyi Camp Oct06 019.jpg
Slide 14: Bigrlyi July 2009 Resource (250ppm cut off)
Bigrlyi July 2009 Resource* (250ppm cut off) For personal use only JORC Mt U3O8 U3O8 U3O8 status % t Mlb Ind. 8.83 0.08 7,251 16.0 Inf. 7.76 0.08 6,056 13.4 TOTAL 16.59 0.08 13,107 29.4 * Multiple Indicator Kriging; tonnes are metric (2204.62 pounds), figures may not total due to rounding.
Slide 15: Bigrlyi, Ngalia & Macallan Projects
Bigrlyi, Ngalia & Macallan Projects ne mez: £27333 \ | Macallan Project | 3 S. e, 2 0 100Km | Ngalia Project’ £24463 £24462 £27169 Devonian Carboniferous Lake Lewis Undifferentiated Proterozoic [_] Granted tenement [_] Tenement application @ EME uranium prospect @ Uranium prospect (excised) == Prosp
Slide 16: Drilling over Radiometrics
Capper S NT Drilling over Radiometrics Met Retgy ; o— >, *. ~ he ; FIR ; £ 4A.${a0 4. yy c ey! ? ’ - - . <7 a A : = a EE ON ee ot Pies, 2005 Aircore Drilling 4 2$ 4p<e~j 4 ae A 2 . — . | max ppm eU308 ’ LF , ‘<— GZ. Y +e © >300 é Soa © 100 to 200 _ - * _ = a ; - ae Ld oe fee ated we © 50to 100 } 7 s
Slide 17: For personal use only
For personal use only Bigrlyi Camp Oct06 019.jpg
Slide 18: Macallan NT Radiometrics
Macallan NT Radiometrics G) Meta F EAY2 7333 ma RANGER OPEN PIT at same scale 10km 630000mE
Slide 19: Bigrlyi, Ngalia & Macallan Projects
Bigrlyi, Ngalia & Macallan Projects ne mez: £27333 \ | Macallan Project | <n ye” 0 100Km CPDIOO0! 9.8m @ 1.06% eU308 | Ngalia Project’ <a_Yuendumu £24463 £27169 £24462 Devonian Carboniferous Lake Lewis Undifferentiated Proterozoic [__] Granted tenement [_] Tenement application @ EME uranium prospect
Slide 20: Camel Flat Prospect
Camel Flat Prospect Ngalia Project NT 27m @ 0.41% eU308 from 93.5m (incl. 9.8m @ 1.06% eU308 from 93.6m) Discovery Hole CFD! 00! G2 energy Metal Stimied
Slide 21: Camel Flat Prospect Discovery Hole CFD001
Camel Flat Prospect Discovery Hole CFD!00! Negalia Project NT 27m @ 0.41% eU308 from 93.5m (incl. 9.8m @ 1.06% eU308 from 93.6m) CY « InetaleeraY
Slide 22: Watch out for
For personal use only Watch out for: More discoveries in Ngalia Basin Wild Cards (eg: Macallan) Increasing Chinese investor interest
Slide 23: For personal use only
For personal use only
Slide 24: Compliance Statement
For personal use only Compliance Statement The information in this presentation is based on information compiled by Mr Lindsay Dudfield, who is a Member of The Australasian Institute of Mining and Metallurgy. Mr Dudfield is a consultant employed by Energy Metals and has sufficient experience which i