Syrah Resources Limited · ASX:SYR
Syrah Resources — Shareholder Meeting (November 2010)
13 slides from Syrah Resources's shareholder meeting presentation, Nov 11, 2010
Slide 1: Annual General Meeting
ANNUAL GENERAL MEETING
Slide 2: Summary
For personal use only SUMMARY • Corporate Status • Progress 2009/2010 • A t li exploration Australian l ti status t t • Saudi Arabia status • Forward path
Slide 3: Syrah – Corporate Status
For personal use only SYRAH – CORPORATE STATUS Shares on issue 34,500,005 Share price $0.11 Market capitalisation $3 8M $3.8M Cash at bank $1.3M Options on issue: 3 35M 3.35M Substantial Shareholders: pp Copperstrike 26% Source: www.asx.com.au Overview: Syrah y has retained its tight g share structu
Slide 4: Syrah Progress
For personal use only SYRAH PROGRESS 2009 2010 2011 Forecast • Reduce high risk • Saudi Arabia ELAs • Saudi Arabia: Australian assets increased to 2,100 – project generation – JV or relinquish km2 – EL grant by DMMR • Conserve funds • DMMR processing – JV reviews (GFC driven) of Saudi ELAs – New loc
Slide 5: Australian Exploration Status
For personal use only AUSTRALIAN EXPLORATION STATUS LYNDHURST, SOUTH AUSTRALIA • Zurich has completed geochemical and g geophysical surveys • Will complete an IP geophysical survey as final phase of data generation • Will then proceed to final target generation and decide on drilling program
Slide 6: Syrah EL Applications, Saudi Arabia
SYRAH EL APPLICATIONS, SAUDI ARABIA For personal use only • 23 EL applications li ti in i progress • pp 4 EL applications at Governorate review phase
Slide 7: Exploration Licence Applications
For personal use only SAUDI EXPLORATION LICENCE APPLICATIONS Ancient gold workings – mapping, sampling in progress for first exploration programs
Slide 8: Exploration Licence Applications
For personal use only SAUDI EXPLORATION LICENCE APPLICATIONS Ancient workings in extensive area of sand cover within Syrah’s ELAs
Slide 9: Exploration Licence Applications
For personal use only SAUDI EXPLORATION LICENCE APPLICATIONS Quartz outcrops prospective for Au
Slide 10: EL Applications
For personal use only SAUDI EL APPLICATIONS Gossanous outcrops prospective for Cu, mountainous terrain
Slide 11: Forward Path
For personal use only FORWARD PATH • 23 Exploration Licences submitted - a number have now proceeded to Governorates for licensing review • Prepare for early drilling of upon grant of ELs • Discussions recommenced with potential Saudi partners • IInvestigating ti ti potential t ti l for f joint j i
Slide 12: Arabia – Increasing Industry Interest
For personal use only SAUDI ARABIA – INCREASING INDUSTRY INTEREST • Grant of Mining Licence for Jabal Sayid • Equinox Minerals Takeover Bid for Citadel • Alawa Resources joint venture of Khnaiguiyah Zinc Project
Slide 13: Thank You
For personal use only THANK YOU
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