Bowen Coking Coal Ltd · ASX:BCB
Bowen Coking Coal — Merger or Acquisition (October 2021)
9 slides from Bowen Coking Coal's merger presentation, Oct 26, 2021
Slide 1: Bluff PCI Mine
Bluff PCI Mine 26 October 2021
Slide 2: Important Notice – Disclaimer
IMPORTANT NOTICE – DISCLAIMER Cautionary Statement This presentation has been prepared by Bowen Coking Coal Limited (BCB, ASX:BCB or Bowen). This document contains background This presentation may include forward-looking statements. Forward-looking statements are only predictions and are subject to
Slide 3: Introduction
INTRODUCTION BCB’s acquisition of Bluff will add an established asset on care and maintenance to its diverse project portfolio, with the opportunity to accelerate near-term cash flows OVERVIEW ADDITION TO A DIVERSE PORTFOLIO IN THE BOWEN BASIN • Further to its announcement of Preferred Bidder status
Slide 4: Transaction Details
TRANSACTION DETAILS Transaction Details • Put and Call Option Agreement to allow MACA (as controllers of Carabella) until 6 November 2021 to complete certain administrative tasks related to the land lease sale TRANSACTION OVERVIEW • After this period, Bowen can exercise it’s call option, and if Bowe
Slide 5: Investment Highlights
INVESTMENT HIGHLIGHTS With all permits approved and key agreements in place, BCB can restart production at Bluff to accelerate production and near-term cash flows KEY HIGHLIGHTS CONVENIENTLY LOCATED 1 Premium PCI Product 13.2Mt resources1 of premium Ultra Low-Vol PCI quality with a recent track reco
Slide 6: History of Asset
HISTORY OF ASSET Bluff has a proven recent track record of producing premium ULV PCI coal, with resources supporting an additional 4-6 years LOM OVERVIEW • Carabella’s Bluff PCI project defined maiden resources in 2013, with the study demonstrating an attractive development potential of saleable coa
Slide 7: Asset Overview
ASSET OVERVIEW High quality Metallurgical coal with a clear path to markets OVERVIEW PRODUCTION TARGET HEADLINES* • Bluff’s proven ULV PCI coal typically attracts a premium in the market for its low ash, ~1-1.2Mtpa high energy and high coke replacement ratio relative to Mid-Tier PCI which is traditi
Slide 8: Mine Details
MINE DETAILS With 13.5Mt resources2, Bluff PCI could mine up to 1.2Mtpa ROM to produce a high quality ULV PCI coal PCI HISTORICAL PRICES (USD$/T) 1 KEY FINDINGS • BCB has completed an independent due diligence and estimate of the Bluff PCI mine and $400 resources in accordance with JORC code (2012)
Slide 9: Contact
Contact Nick Jorss Gerhard Redelinghuys Executive Chairman Managing Director/CEO +61 7 3191 8413 +61 7 3191 8413 nick@bowencokingcoal.com gerhard@bowencokingcoal.com bowencokingcoal.com.au bowencokingcoal.com.au 8
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