Lion Selection Group Ltd. · ASX:LSX

Lion Selection — Investor Presentation (October 2017)

14 slides from Lion Selection's investor presentation, Oct 9, 2017

  1. Slide 1: Lion Selection Group (LSX) Investor briefing

    For personal use only Lion Selection Group (LSX) Investor briefing: • Mining market update • Placement & SPP to raise up to $5m (35¢ps) Lion Selection Group ASX:LSX

  2. Slide 2: Lion Investment Strategy

    Lion Investment Strategy For personal use only • Early Stage – Resource certain / mine likely • Geographic limits – min 50% Australia – max 50% overseas • Commodity limits – 50% gold – 50% other Lion Selection Group ASX:LSX

  3. Slide 3: Time to Buy – Focus on ASX Emerging Gold

    Time to Buy – Focus on ASX Emerging Gold For personal use only Signals: • Industry is investing: Majors investing in juniors • Exploration activity decline halted: About to increase • Investors are buying risk Lion Selection Group ASX:LSX

  4. Slide 4: Mining Market switched from Bust to Boom

    Mining Market switched from Bust to Boom For personal use only 20 Jan 2016: Bust over / Boom started Turning Point • 2011‐2015 Bust 5 year downturn Mining Market in • Early 2016 Sentiment reversed Recovery • 2016/17 – early stages of mining boom Deal flow increasing consistent with market recovery •

  5. Slide 5: Portfolio: 80% Gold, 10% Australia

    Portfolio: 80% Gold, 10% Australia For personal use only Lion Selection Group Net Tangible Assets at 31 August 2017 Nusantara Resources $12.7m 1.74moz gold project, Indonesia. DFS underway. ASX listed. One Asia Resources $2.5m 2.4moz gold project, Indonesia. Unlisted Erdene Res Dev Corp $8.0m High g

  6. Slide 6: Lion Placement & SPP Raising Up to $5m

    Lion Placement & SPP Raising Up to $5m For personal use only • Placement for $2.7m completed September 2017 • Oversubscribed • Lion directors $736k (subject to shareholder approval) • Share Purchase Plan to raise up to $2.3m • Closes 12 October 2017 • Shareholders able to apply for shares in parcel

  7. Slide 7: Lion Placement & SPP Raising Up to $5m

    Lion Placement & SPP Raising Up to $5m For personal use only Why ?  Early stage of Mining Boom: best time to invest  Deal flow: increasing  Use of funds: Boost portfolio weighting toward Australian emerging gold situations  Example (portfolio holding): EganStreet Resources (EGA). • Options held

  8. Slide 8: EganStreet: Exciting New Gold Mine Forecast

    EganStreet For personal use only Exciting New Gold Mine Forecast  High grade gold project:  0.7mt x 11.6g/t for 262koz Resource  Infrastructure in place:  road, tailings dam etc  DFS underway:  Capex $34m  (AISC) Op Cost $1,020/oz  5 years x 40koz  Target gold production late 2018 Lion Sele

  9. Slide 9: EganStreet – Mineral Resource and Production Target

    EganStreet – Mineral Resource and Production Target For personal use only Lion Selection Group ASX:LSX

  10. Slide 10: EganStreet – Exploration Potential

    EganStreet – Exploration Potential For personal use only 14km Highly prospective strike  <30% drill tested  Average depth drilling <45m  6km historic workings Lion Selection Group ASX:LSX

  11. Slide 11: Erdene – Bayan Khundii Gold Discovery

    Erdene – Bayan Khundii Gold Discovery For personal use only • New gold district: numerous occurrences at surface • Bayan Khundii – shallow, high grade, open pittable Lion Selection Group ASX:LSX

  12. Slide 12: Roxgold – Yaramoko Gold Mine, Burkina Faso

    Roxgold – Yaramoko Gold Mine, Burkina Faso For personal use only • High‐grade gold mine (15.7g/t FY2017 production) 1km deepest intersection • Expansion strategy underway • Drilling underway: high grade extensions and regional targets • Healthy balance sheet: $50m cash, $54m long term debt Lion Sele

  13. Slide 13: One Asia and Nusantara

    One Asia and Nusantara For personal use only • Listing of Nusantara Resources (NUS) on ASX achieved a listing for Awak Mas which will now progress independently of Pani December 2016 August 2017 + Nusantara OAR OAR OAR IPO Shareholders Shareholders Shareholders investors + $16.2m Pani Awak Mas Pani

  14. Slide 14: Performance – Year Track Record

    Performance – 20 Year Track Record For personal use only Total Shareholder Return: % pa to 30 Sep 2017 Lion ASX Small Resources 1 Year Return 13.6% 8.1% 3 Year Return 6.6% 5.5% 5 Year Return ‐6.3% ‐10.9% 10 Year Return 6.6% ‐8.6% 15 Year Return 12.3% 5.4% Since inception (20 years) 8.6% 3.2% (refer

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