Legacy Iron Ore Ltd · ASX:LCY
Legacy Iron Ore — Investor Presentation (February 2024)
19 slides from Legacy Iron Ore's investor presentation, Feb 5, 2024
Slide 1: Investor Presentation – Entitlement offer
For personal use only Investor Presentation – Entitlement offer January 2024
Slide 2: Disclaimer
Disclaimer The information contained in this presentation is for informational purposes only and is of a general nature. It has been prepared by Legacy Iron Ore Limited (Company) with due diligence and in good faith. However, no guarantees, either express or implied, are made regarding the accuracy
Slide 3: Diversified Mineral Development and Exploration
Diversified Mineral Development and Exploration Developing and exploring a suite of high-quality assets For personal use only Pathway to Gold Production and Cashflow Commenced gold mining at Mt. Celia Project in November 2023. Other South Laverton projects under active exploration. Large Scale Tier
Slide 4: Strong Pipeline of Projects
Strong Pipeline of Projects Tier one development and discovery ready exploration For personal use only Mt Bevan Project • Situated 100km west of Leonora in the Central Yilgarn with close proximity to existing iron ore projects and road, rail and port facilities • Current combined Mineral Resource of
Slide 5: Overview of Entitlement Offer
Overview of Entitlement Offer For personal use only $21.35 m (before costs) to fund ongoing resource development Shares on Issue 6,406,826,199 • 2 for 9 renounceable rights at an offer Market Cap $108.92 Million price of 1.5 cents per share Cash $2.21 Million • Proceed from offer to be applied towar
Slide 6: Timetable
Timetable Timetable of Offer Lead Manager For personal use only Announcement of the Entitlement Offer 5 February 2024 Information Booklet and cleansing notice lodged with Jointly, Pamplona Capital Pty Ltd and Pamplona Pty ASX Ex date 7 February 2024 Ltd Rights quoted on a deferred settlement basis R
Slide 7: Corporate Snapshot
Corporate Snapshot Experienced management backed by cornerstone investor NMDC Limited For personal use only LCY $0.017 ASX code Share Price as at 31 January 2023 Strong Balance Sheet Aligned to NMDC Top Tier Management 6,407M $110M Strong cash balance with no debt exposure, and funding Backed by Ind
Slide 8: Board of Directors
Board of Directors Highly capable and experienced leadership team For personal use only Mr Amitava Mukherjee Mr Devanathan Remachandran Non-Executive Chairman Non-Executive Director Mr Mukherjee currently serves as the Chairman cum Managing Director (Additional Charge) and Mr Ramachandran has approx
Slide 9: Pathway to Production and Discovery
Pathway to Production and Discovery Maximising project value and battery metals discovery success Lithium & Base Metals East Kimberly Project Yerilla & Sunrise Bore Gold Projects For personal use only • Newly established JV with Hancock • Koongie Park, Sophie Downs, Taylor • Initial drilling confirm
Slide 10: Laverton Gold District
Laverton Gold District One of the world’s most prolific gold belts For personal use only The Mt Celia Project Overview • The Mt Celia Project lies within the Laverton Tectonic Zone, considered to be one of the world’s most prolific gold belts holding approximately 30Moz • 460 km2 of highly prospecti
Slide 11: Pathway to Production
Pathway to Production Commercialisation of the Mt Celia Project For personal use only Production Focused Achievements ✓ Finalised an Ore Processing Agreement (OPA) with Paddington Mill. ✓ Executed Mining Agreement with traditional owners. ✓ Granted Mining Lease (M39/1145). ✓ Mining Proposal and Clos
Slide 12: Mt Bevan Project
Mt Bevan Project Lithium and iron ore JV with Hancock For personal use only Mt Bevan Magnetite Resource (Legacy 42%) • Located approximately 100km west of Leonora in the Yilgarn region of Western Australia • Hosts a large-scale Inferred magnetite mineral resource of 1.17 Bt @ 34.9% Fe1 within teneme
Slide 13: Mt Bevan Lithium Prospect
Mt Bevan Lithium Prospect Recent success of adjacent lithium juniors For personal use only Prime Real Estate in an Emerging Lithium Province • Legacy tenement E29/510 sits along strike to the north from newly established lithium developer, Delta Lithium Ltd (ASX:DLI), having recently delivered a 12.
Slide 14: Mt Bevan Magnetite
Mt Bevan Magnetite Progressing towards large-scale production For personal use only Pre-Feasibility Study • Delivery of Pre-Feasibility Study by Atlas Iron remains on track (expected by March 2024) and within budget • Engineering services for mineral processing, tailings storage facility design and
Slide 15: East Kimberly Project
East Kimberly Project Exploring a highly prosperous region for base metals For personal use only Exposure to Battery Metal Exploration • Koongie Park project contiguous with Anglo Australian Resources’ tenement with substantial base and precious metals mineralisation to date. • Drill ready targets g
Slide 16: Investment Highlights
Investment Highlights Near term cashflow opportunities with upside exploration and discovery potential For personal use only Pathway to Aligned to Major Lithium Discovery Large-Scale Cashflow Iron Ore Producers Ready Magnetite Project Achievements to date Cornerstone investor NMDC Project situated w
Slide 17: Contact Information
For personal use only Contact Information Mr Rakesh Gupta CEO info@legacyiron.com.au +61 (8) 9421 2000 legacyiron.com.au | ASX:LCY
Slide 18: JORC Resources
Appendix 1 JORC Resources For personal use only Mt Bevan Mineral Resource Estimate1, 3 Classification Tonnes (Mt) Fe (%) Concentrate (Mt) Indicated 322 34.7 142 Inferred 847 35.0 387 Total2 1,170 34.9 530 1 Please refer to the Company’s JORC statement released to the ASX on 16 December 2013. The Com
Slide 19: Competent Person's Statement
Competent Person’s Statement For personal use only This presentation contains references to Mineral Resources estimates in respect of the Mt Bevan Project, all of which have been extracted from the Company’s ASX announcement dated 16 December 2013. All future references in this presentation that rel
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