Greenx Metals Limited · ASX:GRX
Greenx Metals — Prairie Mining — Merger or Acquisition (October 2016)
18 slides from Greenx Metals's merger presentation, October 2016
Slide 1: Acquisition of Debiensko Hard Coking Coal Project
Acquisition of Debiensko Hard Coking Coal Project October 2016 ASX / LSE / WSE: PDZ
Slide 2: Transaction Highlights
TRANSACTION HIGHLIGHTS TRANSFORMATIONAL ACQUISITION OF STRATEGIC LARGE SCALE DEBIENSKO HARD COKING COAL PROJECT IN SOUTHERN POLAND Fully Permitted, “Mine Ready” Project of Significant Scale Strategically Located in the Steelmaking Heartland of Europe Large Scale Hard Coking Coal Exploration Ta
Slide 3: Debiensko Adds Hard Coking Coal to Prairie's Product Mix
DEBIENSKO ADDS HARD COKING COAL TO PRAIRIE’S PRODUCT MIX Debiensko - Exploration Target Range Depth Exploration Target Tonnage Range (Mt) All seams to depth approx. 1,100 m* 120 Mt – 150 Mt Depth 1,100 – 1,250 m 90 Mt – 110 Mt Total 210 Mt – 260 Mt** Quality*** Moisture Ash Volatile Matter Sulphur F
Slide 4: Transaction Overview
TRANSACTION OVERVIEW Transaction Details • Prairie Mining Limited (“Prairie”) acquired all of the issued shares of NWR Karbonia S.A. (“Karbonia”), owner of the Debiensko Project and wholly owned subsidiary of New World Resources Plc (“NWR”) • The transaction was implemented by Citibank N.A. (“Citiba
Slide 5: Compelling Transaction Rationale
COMPELLING TRANSACTION RATIONALE Transformational acquisition marking Prairie’s entry into the Hard Coking Coal sector and creating a multi- project coal development company Strategic, Large • High quality 100% hard coking coal (“HCC”) asset with large scale Coal Exploration Target range of 210-260
Slide 6: Debiensko: Strategic Large Scale Hard Coking Coal Project
DEBIENSKO: STRATEGIC LARGE SCALE HARD COKING COAL PROJECT Fully permitted, hard coking coal project in the Upper Silesian Coal Basin in south west Poland • Project is bordered by Knurow-Szczyglowice Mine in the north west and Budryk Mine in the north east, both owned and operated by Jastrzębska Spół
Slide 7: Coal Exploration Target Range and Quality
COAL EXPLORATION TARGET RANGE AND QUALITY Historical coal quality analysis completed at Debiensko, and based on Polish reporting standards, has demonstrated coal qualities indicative of internationally traded benchmark premium hard coking coals Potential Debiensko Coal Qualities Weighted Average Who
Slide 8: Fully Permitted "Mine Ready" Project
FULLY PERMITTED “MINE READY” PROJECT 8
Slide 9: Fully Permitted "Mine Ready" Project (continued)
FULLY PERMITTED “MINE READY” PROJECT (CONTINUED) Significant historical capital investment characterised by established on-site facilities Aerial View of Debiensko Mine Site Fully Fitted and Ready Office Buildings 9
Slide 10: Fully Permitted "Mine Ready" Project (continued)
FULLY PERMITTED “MINE READY” PROJECT (CONTINUED) Existing infrastructure including rail, road and power Rail Siding next to Debiensko Site Existing Shafts 10
Slide 11: Prime Location to Supply European Steelmakers
PRIME LOCATION TO SUPPLY EUROPEAN STEELMAKERS • In 2015, Central Europe – which incorporates Poland, Germany, Czech Republic, Slovakia, Hungary and Austria - consumed over 25 Mt of hard coking coal • Approximately 50% of Central Europe’s coking plant capacity and steelmaking capacity is within 250 k
Slide 12: Attractive Commodity Fundamentals
ATTRACTIVE COMMODITY FUNDAMENTALS • In 2015, Europe consumed a total of 80 Mt of coking coal, of which 50 Mt was hard coking coal • Europe relies heavily on imports of coking coal primarily from the USA, Australia and Russia. Poland and Czech Republic are the only European producers, with domestic p
Slide 13: Debiensko: Next Steps and Work Program
DEBIENSKO: NEXT STEPS AND WORK PROGRAM Review all Historic Data and Studies JORC Resource Update Focused Infill Drill Program Complete Feasibility Studies Debiensko Mine Re-Start 13
Slide 14: Transformational Acquisition
TRANSFORMATIONAL ACQUISITION Transformational Acquisition for Prairie Mining Strategic, Large Scale Fully Permitted, “Mine Ready” Prime Location to Supply Attractive Commodity Hard Coking Coal Project Project European Steelmakers Fundamentals • High quality 100% HCC • Fully permitted with a 50- • Lo
Slide 15: Exploration Target Additional Information
EXPLORATION TARGET ADDITIONAL INFORMATION Sources of Information Seam thicknesses and depths are derived from the historical borehole cards (strip logs), overlying and adjacent mine workings and the New World Resources Karbonia (NWRK) database. Information on seam quality is taken from the official
Slide 16: Exploration Target Additional Information
EXPLORATION TARGET ADDITIONAL INFORMATION Geological Setting and Coal Seams The Debiensko Licence area is situated in The Upper Silesian Coal Basin which contains a thick, up to 8,500 m, sequence of Upper Carboniferous sediments. These have been subject to folding and faulting during the Variscan Or
Slide 17: Compliance Statements
COMPLIANCE STATEMENTS Cautionary Statements and Important Information This presentation has been prepared as a summary only, and does not contain all information about Prairie’s assets and liabilities, financial position and performance, profits and losses, prospects, and the rights and liabilities
Slide 18: Contact Details
CONTACT DETAILS Ben Stoikovich, Chief Executive Officer +44 207 478 3900 | bstoikovich@pdz.com.au Artur Kluczny, Group Executive – Poland +48 22 351 73 80 | akluczny@pdco.pl Sapan Ghai, Communications +44 207 478 3900 | sapanghai@pdz.com.au London Office: Unit 1C, 38 Jermyn Street | London | SWY1 6D
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