Pls Group Limited · ASX:PLS
Pls — Pilbara Minerals — 121 Mining Investment Cape Town 2016
18 slides from Pls's conference presentation, Feb 9, 2016
Slide 1: Presentation – 121 Mining Investment Cape Town (ASX announcement)
ABN 95 112 425 788 ASX ANNOUNCEMENT 9 February 2016 For personal use only Presentation – 121 Mining Investment Cape Town Enclosed is a copy of a presentation that was made by Executive Director Neil Biddle to the 121 Mining Investment Cape Town, RSA on Monday afternoon (local time) 8 February 2016.
Slide 2: Pilgangoora Lithium Project: An Outstanding Australian Lithium Resource
For personal use only PILBARA MINERALS PILGANGOORA LITHIUM PROJECT An Outstanding Australian Lithium Resource February 2016 PILBARA MINERALS LIMITED
Slide 3: Disclaimer
PILBARA MINERALS LIMITED Disclaimer For personal use only This presentation may contain some references to forecasts, estimates, assumptions and other forward-looking statements. Although the company believes that its expectations, estimates and forecast outcomes are based on reasonable assumptions,
Slide 4: Corporate Overview: Capital Structure
CORPORATE OVERVIEW For personal use only Capital Structure ASX: PLS Shares on issue 814 million Top 20 shareholders 27% Convertible notes 4.65 million @ $1.00 each Board & Management 10% Unlisted Options 83.5 million Cash at 8/02/16 $12.0 million Market capitalisation $285 million @ 35¢ 3 month aver
Slide 5: Board of Directors
BOARD OF DIRECTORS For personal use only Tony Leibowitz Neil Biddle John Young Robert G Adamson Chairman Executive Director Technical Director Non-Executive Director Fellow of The Institute Geologist and Geologist and Geologist with over of Chartered Corporate Member of Corporate Member of 40 years
Slide 6: Management Team
MANAGEMENT TEAM For personal use only Ken Brinsden John Holmes Alan Boys CEO Exploration Company Secretary Manager / CFO Mining Engineer with Geologist with over Chartered Accountant over 20 years 25 years experience with over 30 years experience including in mineral exploration experience and mine
Slide 7: Portfolio Summary
PORTFOLIO SUMMARY Portfolio of two substantial near-production For personal use only assets in the Pilbara 100% ownership of the world class Pilgangoora Lithium Project, located 120km from Port Hedland: STRELLY Subject to MOU with GAM • World class high quality lithium-tantalum TABBA-TABBA resource
Slide 8: Pilgangoora Lithium Project
PILGANGOORA LITHIUM PROJECT PLS 100% • Significant potential to increase resource For personal use only • World Class hard rock through in-fill and step- spodumene and out drilling tantalum resource within • Exploration Target* of 100- contiguous block of 3 110 Mt @ 1.3-1.5% Li2O and 200-300ppm Ta2O
Slide 9: Pilgangoora Lithium Project Central Pegmatites
PILGANGOORA LITHIUM PROJECT CENTRAL PEGAMATITES For personal use only • Substantial pegmatite intersections: • Ease of mining, minimum dilution • Significant grade • Likely primary basis for initial 5-10 years of mining • Resource nominally drilled to 125 metres below surface, further resource poten
Slide 10: Peer Comparison Tonnage and Grade
PEER COMPARISON TONNAGE AND GRADE For personal use only PILBARA MINERALS LIMITED 9
Slide 11: Pilgangoora DFS Underway
PILGANGOORA DFS UNDERWAY For personal use only Stage 1 Stage 2 Stage 3 Stage 4 Resource Estimation Conversion of DFS (JORC Reserve) Finance / Permitting • JORC Inferred Resource to JORC • Pit Design, LOM – December 2016 /Indicated completed Indicated schedule • Metallurgy • Plant process and Underwa
Slide 12: Global Lithium Markets: Surging Demand, Tight Supply
GLOBAL LITHIUM MARKETS SURGING DEMAND – TIGHT SUPPLY • Pilgangoora spodumene concentrates For personal use only meet the metallurgical specifications of the entire range of lithium products. • Over 100% of projected lithium oxide production subject to MOU’s with major offtake partners in China, Japa
Slide 13: Strong Demand Outlook
STRONG DEMAND OUTLOOK Lithium-ion batteries driving For personal use only demand • Energy dense consumer batteries • 20%+ annual growth since 2000 • Currently 30% of global market • Electric Vehicles and E-Bikes • Currently 3% of global lithium market • Accelerated growth expected from 2015 • Large
Slide 14: Motor Vehicle Lithium Demand
MOTOR VEHICLE LITHIUM DEMAND • Tesla Series 3 to be For personal use only released in 2017, retail price • China, Japan and Korean of US$36,000 Government policy strongly supports EV’s with large rebates, zero sales tax and • Chinese car manufacturers free licensing. targeting sub $20K EV’s by 2017
Slide 15: PLS News Flow
PLS NEWS FLOW For personal use only Q1 2016 Q2 2016 Calendar 2016 • Pilgangoora Resource • Selected Infill drilling • Continuing Resource Upgrade Pilgangoora (Measured) extension drilling PILGANGOORA • Commence Pilgangoora • Continuing Resource • Defining the current 110- geotechnical drilling exten
Slide 16: Summary: Why Invest?
SUMMARY WHY INVEST? For personal use only Largest Focused on lithium Lithium and Advanced Pipeline of Strategic resource and tantalum, metals in mining and Low CAPEX potential Partners highest grade demand and exploration Projects projects in the relative to aligned with projects Pilbara, WA ASX-lis
Slide 17: Pilbara Minerals Resource and Reserve Tables
PILBARA MINERALS RESOURCE AND RESERVE TABLES For personal use only Pilgangoora Resource Table Ta2O5 Category Tonnage (Mt) Ta2O5 (ppm) Li2O (%) Ta2O5 (T) Li2O (T) (Mlbs) Ta2O5 17.9 182 3,255 7.2 Indicated Li2O 35.7 1.31 469,400 Ta2O5 24.3 205 4,995 11.02 Inferred Li2O 44.5 1.21 538,600 Ta2O5 42.39 19
Slide 18: Thank You
For personal use only THANK YOU www.pilbaraminerals.com.au PILBARA MINERALS LIMITED 17
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