Lincoln Minerals Limited · ASX:LML
Lincoln Minerals — Investor Presentation (February 2024)
21 slides from Lincoln Minerals's investor presentation, Feb 7, 2024
Slide 1: High Grade Australian Graphite
ASX:LML ASX: LML High Grade Australian Graphite For the Global Energy Transition Corporate Presentation 7 February 2024
Slide 2: Important Notice and Disclaimer
ASX:LML Important Notice and Disclaimer 2 Disclaimer • The information contained in this document (“Presentation”) has been prepared Lincoln Minerals Limited forward-looking future performance and actual results or developments may differ materially from those in the forward- (“Company”). The purpos
Slide 3: Company Overview
ASX:LML Company Overview 3 Capital Structure Six-month Share Price LML A$0.051 1.69B ASX Code Share Price Shares on Issue $8.5M $1.6M2 Nil Market Cash Debt Capitalisation 1. As at close of business on 2nd February 2024. 2. As per the Quarterly Report 31st December 2023 Lincoln Minerals Limited ASX r
Slide 4: Refreshed Board and Management
ASX:LML Refreshed Board and Management 4 Ruiya (Yoyo) Zhang Julian Babarczy Ryan Smith John Lam Jonathon Trewartha Andrew Metcalfe Non-Executive Chairperson Non-Executive Director Non-Executive Director Non-Executive Director Chief Executive Officer Chief Financial Officer and Company Secretary Yoyo
Slide 5: Graphite: The Power Behind Lithium-ion Batteries
ASX:LML Graphite: The Power Behind Lithium-ion Batteries 5 • Lithium-ion battery demand is expected to solidify graphite's position as the dominant anode material. 2023 • Graphite represents almost 50% by weight of the materials required for batteries, no matter 2030 the chemistry of the battery. •
Slide 6: Why invest in Lincoln Minerals
ASX:LML Why invest in Lincoln Minerals 6 • Direct exposure to graphite - a critical mineral in structural undersupply • Dominate land position (100% ownership) in Australia’s premier graphite region on South Australia’s Eyre Peninsula. • A unique high-grade core at surface which means lower capital
Slide 7: Focussed Strategy
ASX:LML Focussed Strategy 7 GRAPHITE DEVELOPER UPDATE RESOURCE FEASIBILITY STUDY TARGETING GROWTH Our aim is to be one of Achieve a resource to Targeting production rate of Tier 1 Global Scale Australia's first graphite support an updated 60-100ktpa in an updated Potential that we are in the produce
Slide 8: Australia's World-Class Graphite Province
ASX:LML Australia's World-Class Graphite Province 8 South Australia’s JORC Graphite Resources1 • South Australia’s southern portion of the Hutchison Group formation, on Eyre Peninsula possesses over 60% of Australia’s JORC graphite resources, including Lincoln’s world-class Kookaburra Gully deposit.
Slide 9: Kookaburra Gully Graphite Project, South Australia
ASX:LML Kookaburra Gully Graphite Project, South Australia 9 • Lincoln holds the second largest graphite resource of 12.26Mt at 7.31% TGC1 on SA's Eyre Peninsula. • Kookaburra Gully is a flake graphite deposit with predominantly fine flakes, ideal for EV markets. • Kookaburra Gully’s resource is ope
Slide 10: Metallurgical test-work & process plant design
ASX:LML Metallurgical test-work & process plant design 10 LMC 11 – Master Comp Size Fraction Completed (um) • Comprehensive laboratory-scale test-work program Mass TC (%) LOI (%) identified a simple crush, grind, flotation, dry, screen and 500 pack process. 300 0.1% 93.20 96.00 • Lock-cycle tests co
Slide 11: Kookaburra Gully: Overview and 2024 Outlook
ASX:LML Kookaburra Gully: Overview and 2024 Outlook 11 Completed • Granted Mining Lease (ML6460) • Bench Pilot Plant work for Feasibility • Feasibility Study for 35ktpa completed in 2017 • Draft KG PEPR (Operation and Environment Approval) Next Steps for 2024 • Increase the Mineral Resource Estimate
Slide 12: Compelling Land Position and Advanced Development
ASX:LML Compelling Land Position and Advanced Development 12 Siviour Project Kookaburra Gully Graphite Project included in Renascor1 2023 Australian Critical Minerals Prospectus Market Cap $208M Contained Graphite 8.5 ASX Graphite Companies Mt at TGC 6.9% (2.3% cut-off) $250m Market Capitalisation $
Slide 13: Building Kookaburra Gully's globally relevant scale potential
ASX:LML Building Kookaburra Gully's globally relevant scale potential 13 • Update Study to target material increase in production rate, NPV and IRR, based on updated MRE. 2017 Unit Values Feasibility Study • Existing 2017 Feasibility Study demonstrated strong project economics at modest scale (35ktp
Slide 14: Outlook for 2024: High Value Creation at Low Cost
ASX:LML Outlook for 2024: High Value Creation at Low Cost 14 February 2024 lincolnminerals.com.au
Slide 15: Unlocking Hidden Portfolio Value (Non-Core Assets)
ASX:LML Unlocking Hidden Portfolio Value (Non-Core Assets) 15 A review of Lincoln’s exploration and project databases by the new management team uncovers potential for significant shareholder value creation. Discoveries to date include: • A magnetite iron ore project that was in advanced stages of F
Slide 16: Lincoln - Highlights
ASX:LML Lincoln - Highlights 16 Exposure to exciting Graphite is a strategic critical mineral expected to be in structural undersupply commodity Dominant position on SA's Hutchison Formation - second largest resource with growth Tier 1 project location and scale potential Highest grades in the High-
Slide 17: For Further Information:
For Further Information: Jonathon Trewartha Chief Executive Officer Lincoln Minerals Limited Jonathon.trewartha@lincolnminerals.com.au +61 414 989 107 Nathan Ryan Investor and Media Relations NWR Communications nathan.ryan@nwrcommunications.com.au +61 420 582 887
Slide 18: Appendix
ASX:LML Appendix I SOR Lincoin Melbourne Victoria 3000 www.lincolnminerals.comau Minerals
Slide 19: Kookaburra Gully: High-grade graphite at surface
ASX:LML Kookaburra Gully: High-grade graphite at surface 19 *TGC = Total Graphitic Carbon Kookaburra Gully Trench 4: 12m @ 20.5% graphitic carbon • Graphite occurs within high metamorphic grade, folded Palaeoproterozoic schist. • Kookaburra Gully high-grade core: Inferred, Indicated and Measured Min
Slide 20: Increasing our Resource Base
ASX:LML Increasing our Resource Base 20 December 2023 JORC Mineral Resource Measured and Indicated Tonnage Average Grade Contained • High-grade core, starting at the surface of Mineral Resource Estimates1 (Mt) (% TGC) Graphite (kt) 2.0Mt at 15.2% TGC (Measured Indicated Kookaburra Gully and Inferred
Slide 21: Historical results to accelerate Feasibility and Approval Study phase
ASX:LML Historical results to accelerate Feasibility and Approval Study phase 21 • Results from drilling announced 22 May 20172 were not included in the resource announced 17 May 20171. • 25 holes, shown in orange, were drilled after the resource was announced. • Recent drilling Dec 23 to Jan 24, sh
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