Apollo Minerals Limited · ASX:AON

Apollo Minerals — Investor Presentation (March 2012)

22 slides from Apollo Minerals's investor presentation, Mar 21, 2012

  1. Slide 1: An exciting beginning…

    March 2012 For personal use only An exciting beginning… www .apollominerals.com.au

  2. Slide 2: Disclaimer

    For personal use only Disclaimer 2 This presentation has been prepared by Apollo Minerals Limited (“Apollo” or the “Company”). It should not be considered as an offer or invitation to subscribe for, or purchase any, securities in the Company or as an inducement to make an offer or invitation with re

  3. Slide 3: Table of contents

    For personal use only Table of contents 3  Company overview  Iron ore expertise  Key projects  Commonwealth Hill Fe (SA) Just the beginning...  Titan Base and Precious Metals (SA)  Mt Oscar Main and Mt Oscar East Fe (WA)  Summary  Market comparisons

  4. Slide 4: Company overview

    Company overview 4 Well placed for significant growth For personal use only Company overview Source of funds  ASX Code: AON  Iron ore focused WA Offtake  Shares: 180m  Multiple projects Partner 16%  Unlisted options: 60.5m  Real, near-term mine development opportunity Retail L/T  Market Cap:

  5. Slide 5: Seabourne Iron Ore Market

    Seabourne Iron Ore Market 5 Secure, long-term value creation For personal use only Seabourne Iron Ore Fines Pricing Typical SA producer 200  Product ~ 60% Fe Fines SGX Forward Pricing Curve 180  2 mtpa sales 160  CFR Cost $80 / dry tonne 140  Long-term margin $40 / t US$/Dry t, CFR China Fines S

  6. Slide 6: Apollo Management Team

    Apollo Management Team 6 Strong resources industry experience For personal use only •Dominic Tisdell – Executive Director and Chief Operating Officer (B Engineering (Mining), MBA) •15 years experience in mining, resources M&A and management consulting with Rio Tinto, Mitsubishi Corporation and Accen

  7. Slide 7: Key projects

    Key projects 7 Focused on near-term of iron ore sales For personal use only 1 Fe Direct Feed (DFO) Mineralisation 2 Fe Direct Shipping (DSO) Just the beginning... Mineralisation TITAN PROJECT 3 Fe Pellet Feed (IOCGU) Mineralisation ...with real potential for significant base and precious metals.

  8. Slide 8: Table of contents

    For personal use only Table of contents 8  Company overview  Iron ore expertise  Key projects  Commonwealth Hill Fe (SA) Just the beginning...  Titan Base and Precious Metals (SA)  Mt Oscar Main and Mt Oscar East Fe (WA)  Summary  Market comparisons

  9. Slide 9: Commonwealth Hill

    Commonwealth Hill 9 Low capital cost development opportunity For personal use only Key Characteristics  Potential for very large resource and long mine life  Demonstrated high quality, high value products SA has 2-3 new OneSteel:  Direct Feed Ore (“DFO”) iron ore producers $300m as of 2012 Giffen

  10. Slide 10: Exploration & Resource Definition

    Exploration & Resource Definition 10 Greenfield and Advanced iron ore prospects For personal use only Railway  Sequoia (2012) Exploration Target* 40 – 80mt North at 25 – 35% Fe over a strike of 1km  30km of similarly prospective strike identified Wirrida  Sequoia maiden JORC resource due Q2, 2012

  11. Slide 11: High Value Products

    High Value Products 11 Proven product qualities at high recoveries For personal use only Fe SiO₂ AI₂O₃ P Fe Recovery 70.3% 3.7% 0.3% 0.005% 88%  Premium Pellet Feed at P80 63µm Fe SiO₂ AI₂O₃ Mass Yield  Direct Feed Ore (“DFO”) at P80 215µm 64.7% 7.4% 0.6% 44.7% Fe SiO₂ AI₂O₃ P S Mass Yield  Oxide

  12. Slide 12: Excellent Infrastructure

    Excellent Infrastructure 12 Existing multi-user rail and port services For personal use only  1st class rail services  Located alongside Commonwealth Hill iron ore prospects  High quality below rail engineering  Basic siding earthworks Gina rail siding at Commonwealth Hill (2012) Nearby Rankin D

  13. Slide 13: High Quality Natural Resources

    High Quality Natural Resources 13 Coarse, clean, at-surface iron ore = options For personal use only Medium – high margin Just the beginning... Very high margin  Very low strip ratios  Coarsely crystalline  Evidence of hydrothermal enrichment  High iron recoveries  High mass yields  Large tonn

  14. Slide 14: Titan IOCGU Project

    Titan IOCGU Project 14 An unexplored, massive intrusive with very strong iron ore, base and precious metals potential For personal use only Wirrida Complex overview  Likely to be 10 x 7km intrusive with potential to host massive iron, copper, gold and other base metals mineralisation  Large, shall

  15. Slide 15: Table of contents

    For personal use only Table of contents 15  Company overview  Iron ore expertise  Key projects  Commonwealth Hill Fe (SA) Just the beginning...  Titan Base and Precious Metals (SA)  Mt Oscar Main and Mt Oscar East Fe (WA)  Summary  Market comparisons

  16. Slide 16: Mt Oscar

    Mt Oscar 16 Large iron ore asset situated in premier hub For personal use only Key characteristics  30km from proposed Proposed deep multi-user Port Anketell water port export facility  Exploration Target* 350 – 650mt at 30 – 37% Fe supported by drilling  Low capital costs for off- Just the begin

  17. Slide 17: Mt Oscar exploration

    Mt Oscar exploration 17 Drilling exceeds expectations For personal use only Significant exploration and metallurgy results  Demonstrated wide intercepts  192m @ 35.9% Fe from 25m  271m @ 34.8% Fe from 14m  101m @ 33.6% Fe from 110m  Saleable products i.e. Fe > 60% and (SiO2 + Al2O3) < 8% Just t

  18. Slide 18: Table of contents

    18 Table of contents For personal use only  Company overview  Iron ore expertise  Key projects  Commonwealth Hill Fe (SA) Just the beginning...  Titan Base and Precious Metals (SA)  Mt Oscar Main and Mt Oscar East Fe (WA)  Summary  Market comparisons

  19. Slide 19: Operational Benchmarks

    Operational Benchmarks 19 Significant benefits available in SA For personal use only Selected operational and development benchmarks SA* Advantage 160  Protected from market US$/t (CIF China equivalent basis) 140 downturns Fines Supply Cost 120 100 + 80 60  Operating costs Australia* 40 comparable

  20. Slide 20: Market comparables

    Market comparables 20 Significant upside at current levels For personal use only Market Capitalisations: selected peer iron ore focused companies (9 March, 2012) 800 710 700 600 Explorer Developer Producer 500 Just the beginning... 400 319 335 314 300 156 163 200 78 87 95 100 11 0 Apollo Australasia

  21. Slide 21: Summary: Just the beginning…

    21 Summary: Just the beginning… For personal use only Commonwealth Hill (SA, Iron Ore)  Near-term, low cost mine development opportunity  Potentially very large iron accumulatation in an emerging iron ore region  Existing heavy haulage rail and port facilities in place  Demonstrated sought-after

  22. Slide 22: Investor Contact

    For personal use only ASX Code: AON 22 Investor Contact: Dominic Tisdell Chief Operating Officer Ph: +61 2 9078 7660 Just the beginning... dominic@apollominerals.com.au The information in this document that relates to Exploration Results, Mineral Resources or Ore Reserves is based on information com

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