Nordic Mining Asa · OSL:NOM
Nordic Mining Asa — Q4 2015 Earnings Presentation
26 slides from Nordic Mining Asa's earnings presentation, Feb 19, 2016
Slide 1: Minerals for a sustainable future
Ti Pt Lighter aircrafts Minerals for a Clean air Pd sustainable future Electric cars Li Renewable energy Si 1
Slide 2: Q4 2015 Presentation
Q4 2015 Presentation Oslo, 19 February 2016 Exploration and production of high-end minerals and metals Nordic Mining ASA | N-0250 Oslo | Norway | Tel +47 22 94 77 90 | Fax +47 22 94 77 01 | Org. no 989 796 739 | post@nordicmining.com 2
Slide 3: Disclaimer
Disclaimer This document has been used by Nordic Mining during an oral presentation. Therefore, this document is incomplete without the oral explanations, comments and supporting instruments that were submitted during the referred presentation. To the extent permitted by law, no representation or wa
Slide 4: Introduction
1. Introduction 2. Financial status 3. Update on projects - Nordic Rutile - Nordic Quartz - Keliber - Nordic Ocean Resources 4. Questions
Slide 5: Minerals for a sustainable future
Platinum, Palladium Minerals for a sustainable future Reinfjord Nordic Rutile AS Lithium Titanium Nordic Quartz AS Quartz Nordic Ocean Resources AS (80%) Keliber Oy (25%) 5
Slide 6: Financial status
1. Introduction 2. Financial status 3. Update on projects - Nordic Rutile - Nordic Quartz - Keliber - Nordic Ocean Resources 4. Questions
Slide 7: Consolidated Income Statements
Consolidated Income Statements Q4-2015 Q4-2014 Acc. 2015 2014 Unaudited Unaudited Amounts in NOK million Unaudited Audited - - Sales - - (1.2) (1.1) Payroll and related costs (6.6) (10.8) (1.7) (0.2) Other operating expences (6.1) (6.1) (2.9) (1.3) Operating loss (12.7) (16.9) (2.2) (1.5) Share of r
Slide 8: Consolidated Statements of Financial Position
Consolidated Statements of Financial Position 31.12.2015 31.12.2014 Amounts in NOK million Unaudited Audited ASSETS Licences 5.9 5.4 Evaluation and exploration assets 4.0 1.3 Property, plant and equipment 0.1 - Investment in an associate 6.2 11.1 Total non-current assets 16.1 17.9 Cash 29.8 14.4 Oth
Slide 9: Corporate matters in Q4 2015 and YTD 2016
Corporate matters in Q4 2015 and YTD 2016 • Successfully completed Rights issue of 77 million new shares in October 2015; subscription price NOK 0.45 per share and gross proceeds NOK 34.65 million • On 4 February 2016, the Extraordinary General Meeting granted an authorisation to the Board of Direct
Slide 10: Shareholder structure and share price development
Shareholder structure and share price development Largest shareholders* Share overview and share price development* Name of shareholder No. of shares % Share overview 1 NORDNET BANK AB (NOMINEE) 30 059 944 7,8 % Stock symbol NOM 2 SKAGEN VEKST 17 148 181 4,4 % Stock exchange Oslo Axess 3 NORDEA BANK
Slide 11: Peer group share price development
Kursutvikling Kursutvikling peer gruppe siste 24 maneder (rebasert) 250 150 100 44 per Vy 4 ape Boliden so MH ew * Landi feb. mar. apr. mai. jun. jul. aug. sep. okt. nov. des. jan. feb. mar. apr. mai. jun. jul. aug. sep. okt. nov. des. jan. feb. 14 14 #14 #14 «414 ~«214~«214«214«14«O«14:«S 140 15 15
Slide 12: Update on projects
1. Introduction 2. Financial status 3. Update on projects - Nordic Rutile - Nordic Quartz - Keliber - Nordic Ocean Resources 4. Questions
Slide 13: My y) y Ny Wy jj Y x
My y) y Ny Wy jj Y x
Slide 14: Drilling program at Engebø ongoing
Drilling program at Engebø ongoing Core drilling is progressing despite illegal actions from young activists 14
Slide 15: Drilling campaign – status and further measures
Drilling campaign – status and further measures • The core drilling operation goes smoothly when not interrupted by illegal actions from activists • Core inspections, logging activity and splitting of cores are ongoing at the local facilities in Naustdal • The core recovery from drilling is good • T
Slide 16: Local youth oppose illegal action from activists
Source: Firda Local youth strongly oppose the illegal action from activists, coming from various parts of Norway 16
Slide 17: Nordic Quartz
1. Introduction 2. Financial status 3. Update on projects - Nordic Rutile - Nordic Quartz - Keliber - Nordic Ocean Resources 4. Questions
Slide 18: Resource estimate for Nordic Quartz
Resource estimate for Nordic Quartz Drill hole analysis 19
Slide 19: Resource estimates for Nordic Quartz
Resource estimates for Nordic Quartz Resource estimate summary in accordance with the JORC Code 20
Slide 20: Keliber
1. Introduction 2. Financial status 3. Update on projects - Nordic Rutile - Nordic Quartz - Keliber - Nordic Ocean Resources 4. Questions
Slide 21: Mineral Resources and Future Potential
Mineral Resources and Future Potential Increased resources and good exploration potential Mineral Resources Successful exploration Category Deposit kt Li2O% Cut off JORC Company’s exploration drilling programs Measured Länttä 433 1,12 0,50 2004 have resulted a 290 percent increase in Indicated L
Slide 22: Estimated Ore reserves of Keliber Lithium Project
Estimated Ore reserves of Keliber Lithium Project Ore Reserves Category Deposit kt Li2O% JORC Proven Länttä 470 0,95 2012 Probable Länttä 540 0,93 2012 Syväjärvi 1 480 1,19 2012 Rapasaari 1 750 1,09 2012 Outovesi 250 1,20 Proven and Probable 4 490 1,10 The Ore Reserves (JORC JORC 2012) Markku Merilä
Slide 23: Nordic Ocean Resources
1. Introduction 2. Financial status 3. Update on projects - Nordic Rutile - Nordic Quartz - Keliber - Nordic Ocean Resources 4. Questions
Slide 24: Nordic Ocean Resources
Nordic Ocean Resources • MarMine steering group meeting held on February 16 • The MarMine consortium consists of the following partners: • NTNU - Project Leader • Nordic Ocean Resources • Statoil • Technip Norge AS • DNV GL • DCNS, France • Scan Mudring • Kongsberg Maritime (Associated partner) • NI
Slide 25: Questions
1. Introduction 2. Financial status 3. Update on projects - Nordic Rutile - Nordic Quartz - Keliber - Nordic Ocean Resources 4. Questions
Slide 26: SAFETY – ENVIRONMENT - INNOVATION
SAFETY – ENVIRONMENT - INNOVATION www.nordicmining.com 27