Slide 1: Developing the World Class Ovoot Coking Coal Project
ASPIRE MINING LIMITED For personal use only Developing the World Class Ovoot Coking Coal Project 2019 Discover Mongolia Presentation September 2019
Slide 2: Disclaimer | Important Information
Disclaimer | Important Information For personal use only NATURE OF THIS DOCUMENT This presentation has been prepared by Aspire Mining Limited (Aspire or the Company). The information is based on publicly available information, internally developed data and other sources. By receiving this presentati
Slide 3: Disclaimer | Important Information
Disclaimer | Important Information For personal use only Assumptions have been made by the Company regarding, among other things: the price of coking coal, the timely receipt of required governmental approvals, the accuracy of capital and operating cost estimates, the completion of a feasibility stu
Slide 4: Summary
Summary For personal use only Aspire Mining Ltd (ASX: AKM) (“Aspire” or “the Company”) is an Australian coking coal and infrastructure company focused on developing its 100% owned Ovoot Coking Coal Project and associated rail and road infrastructure projects located in Mongolia. Ovoot Early Deve
Slide 5: Capital Structure
Capital Structure For personal use only Capital Structure Unit Fully Diluted ASX Code: AKM Share Price (19-Sept-19) AUD$/ps 0.014 AKM Shareholding Shares on Issue1 Million 4,195 Mr. Market Capitalisation AUD$M 46.57 Tserenpuntsag Other Tserendamba, Cash (31-Aug-19) AUD$M 10.1 Shareholders, 27% 26% D
Slide 6: Capital Structure after Placement to Mr Tserenpuntsag
Capital Structure after Placement to Mr Tserenpuntsag For personal use only Capital Structure Unit Fully Diluted ASX Code: AKM Share Price (19-Sept-19) AUD$/ps 0.014 AKM Shareholding Shares on Issue1 Million 5,791 Other Market Capitalisation AUD$M 68.91 Shareholders Cash Post Placement AUD$M +40m 18
Slide 7: Ovoot Early Development Project - Overview
Ovoot Early Development Project - Overview For personal use only The Ovoot coking coal deposit located in Khuvsgul, north-west Mongolia was discovered by Aspire in 2010 to 2012 and was awarded a Mining Licence in 2012. The Ovoot Early Development Project (“OEDP”) is based on trucking coal to the n
Slide 8: OEDP Project - Early Development Stage
OEDP Project- Early Development Stage /10 years/ For personal use only Preliminary FS Million tons Million tons km months Utilises a 36.8Mt JORC Steady state 4.0Mtpa of Washed coal to be delivered via a Rapid 24 months Reserve / 15% of Total washed, saleable “fat” 560km special purpose haul road pay
Slide 9: OEDP Pre-Feasibility Study Outcomes (2019.02)
OEDP Pre-Feasibility Study Outcomes (2019.02) For personal use only PFS “Extended Case” Physicals Unit Amount Capital Expenditure Amount (US$M) Waste Mined M Bcm 253 CHPP Plant 37 Strip Ratio (incl. pre-strip) Bcm/t 4.5 Onsite Infrastructure 10 Coal Mined Mt 53.8 Offsite Terminals and Blending Facil
Slide 10: Benefits of the Project
Benefits of the Project For personal use only First stage of the Project or within first ten years of operation Taxes, fees and other payments to be Total of 1200 direct and indirect paid to the state and local government employments will be generated and total budgets (billion.MNT) of MNT 694 billi
Slide 11: Community Relations
Community Relations Education – Health – Environment – Cultural Heritage For personal use only Greenhouse farming trial project Operator training for heavy machineries Sewing training Healthcare event Aspire Mining Discover Ltd Investor Mongolia PresentationSeptember 2019 Presentation Page 11
Slide 12: Potential Steel Customers
Potential Steel Customers For personal use only Ovoot is ideally located to serve steel mills in northern and north-eastern China. Among the top 84 largest steel companies in China, 48 companies have operations located in the northern provinces and municipalities. Other export routes considere
Slide 13: Erdenet Terminal
Erdenet Terminal For personal use only Aspire owns 4 Ha of land near Erdenet Rail Station. Additional 30 Ha under option from Erdenet City will establish stockpiles to support 4 Mtpa capacity for the coal rail terminal. Capital Cost of US$6m (consistent with PFS) includes rail siding establish
Slide 14: Multiple Coal Basins
Multiple Coal Basins For personal use only Location map of coal deposits in Mongolia Aspire Mining Discover Ltd Investor Mongolia PresentationSeptember 2019 Presentation Page 14
Slide 15: Mongolia – Broad Portfolio of Coking Coal Products
Mongolia – Broad Portfolio of Coking Coal Products For personal use only Coal Basins Coal mines Mongol Altai MOENCO MMC Baruun Noyon Uul ТТ №4 ТТ №8 South Gobi Usukh Zoos – poor coking Usukh Zoos – weak coking ETT SGS Orkhon ‐ Selenge Ovoot Ail Bayan Dorno Gobi Alag Tolgoi Source: Wood Mackenzie, Ch
Slide 16: ETT-Aspire: Study on Developing Blend Product
ETT-Aspire: Study on Developing Blend Product For personal use only Ovoot Coking Coal is classified as a “Fat” Coking coal under the Chinese coking coal classification system. This coal category provides high fluidity coals with good plastic and excess caking properties which are used to blend lower
Slide 17: Mongolian Coking Coal Pricing
Mongolian Coking Coal Pricing Equivalent Pricing in Same Market for Similar Quality For personal use only 2100 Coking Coal Prices RMB/t (inc 13% VAT) 17th September 19 1900 1700 1500 1300 1100 900 700 500 1/09/2016 1/12/2016 1/03/2017 1/06/2017 1/09/2017 1/12/2017 1/03/2018 1/06/2018 1/09/2018 1/12/
Slide 18: Investment Highlights
INVESTMENT HIGHLIGHTS For personal use only 1 Uniquely strategic Ovoot Coking Coal Project positioned to unlock the Northern Mongolia mining province One of Mongolia’s largest coking coal JORC Reserves comprising 100% Chinese 2 (FM) “Premium Fat Coal” Highly experienced Board of Directors supported
Slide 19: Contact Details
Contact Details For personal use only Aspire Mining Limited ABN: 46 122 417 243 ASX Code: AKM Web: www.aspiremininglimited.com Offices: AUSTRALIA MONGOLIA Level 9, 182 St Georges Tce Sukhbaatar District, 1st Khoroo Perth, WA 6000 Chinggis Ave-8 Western Australia Altai Tower, 3rd Floor, Room 302 Tel: