Globe Metals & Mining Limited · ASX:GBE

Globe Metals & Mining — Mines & Money Conference, London 2007

21 slides from Globe Metals & Mining's conference presentation, Nov 19, 2007

  1. Slide 1: Investor Update: Beyond Exploration

    For personal use only Investor Update: Beyond Exploration Mines & Money Conference, London, UK 19 November 2007

  2. Slide 2: Disclaimers

    Disclaimers For personal use only The views expressed in this presentation contain information derived from publicly available sources that have not been independently verified. No representation or warranty is made as to the accuracy, completeness or reliability of the information. Any forward look

  3. Slide 3: Investor Highlights

    Investor Highlights For personal use only ‡ Kanyika Project, Malawi: „ Initial JORC resource due Q1 ‘08 - Exploration target 25Mt+ „ Scoping study due Q2 ’08 – identify clear “path to production” „ Large tonnage, open pittable potential, higher grade zone for early payback „ Exploration upside – ini

  4. Slide 4: Corporate - Overview

    Corporate - Overview For personal use only Issued Capital (13/11/07) ASX Code: GBE (listed Dec 05) Shares (GBE): 67.2M (incl. 17.9M escrowed Dec 07) Director Options: 4M (30c, Mar 08; $1, June 2010); Employee Options: 1.6M Total Issued Securities: 72.8M Price & Capitalisation (13/11/07) Share Regist

  5. Slide 5: Kanyika Scoping Study

    Kanyika Scoping Study For personal use only May-07 Jun-07 Jul-07 Aug-07 Sep-07 Oct-07 Nov-07 Dec-07 Jan-08 Feb-08 Mar-08 Apr-08 RC Drilling 9,000m Re-start… Metallurgy SGS/Altamet Environmental "Base Line" Enesar/Coffey Resource Resource Evaluations P/L Marketing van Toll & Associates Mining & Eng./

  6. Slide 6: Location

    For personal use only Location 6

  7. Slide 7: Northern Zone - Higher Grade

    Northern Zone - Higher Grade For personal use only 7

  8. Slide 8: Central Zones – Tonnage Potential

    Central Zones – Tonnage Potential For personal use only 8

  9. Slide 9: Resource

    Resource For personal use only ‡ Initial JORC classified resource due Q1 ’08 ‡ Exploration target 25Mt+ ‡ 9,000m RC and diamond drilling 2007 ‡ Independent – Resource Evaluations P/L ‡ Four commodities – Nb, U, Ta & Zr (in order of expected value contribution) ‡ In-situ value – US$???/tonne ‡ Explor

  10. Slide 10: Commodity Prices

    Commodity Prices For personal use only Uranium U Price: Jan '04 to Present (US$) ‡ Current spot price: US$92/lb ‡ Mid-point long-term forecast: ~US$65-70/lb $160 ‡ Current prod. v demand: 41,600t v 66,500t U3O8 $140 A Second Wind ‡ Supply-demand gap peak: ~2011, but… $120 for Uranium? ‡ Industry cha

  11. Slide 11: Mining & Metallurgy

    Mining & Metallurgy For personal use only ‡ Mineralisation from surface – low strip ratio < 1:1 ‡ Higher grade Milenje Zone (1km strike, open to north) – potentially mined first to reduce capex. payback period ‡ Large tonnage – potential for 20 yr+ mine life ‡ Successful metallurgy and scoping study

  12. Slide 12: Critical Success Factors

    Critical Success Factors For personal use only In an extended commodities boom, establishing a resource is merely the first step to success. Success (i.e. access to development capital and production) dependent upon two key factors: 1. Permitted rate of project development – Jurisdiction 2. Company’

  13. Slide 13: Jurisdiction

    Jurisdiction For personal use only ‡ Malawian Government actively supports the mining industry, welcomes uranium: “Malawi will, in the next ten years, be one of the largest producers of uranium in Africa” (Dr. Bingu wa Mutharika, President of Malawi, 25 January 2007) ‡ Paladin Energy’s Kayelekera Ur

  14. Slide 14: Management Track Record

    Management Track Record For personal use only ‡ Dec ’05 – Globe Uranium IPO ‡ Mar ’06 – granted Kanyika EPL: grassroots; radiometrics; no prior exploration; 100% of EPL; $0 acquisition cost ‡ May ’06 – first field reconnaissance trip ‡ July ’06 – first field program commences ‡ Nov ’06 – announcemen

  15. Slide 15: Comparison Mines & Deposits

    Comparison Mines & Deposits For personal use only Blue River Deposit – BC, Canada Marropino Mine - Mozambique ‡ Primary asset of Commerce Resources Corp. (TSX- ‡ Primary asset of Noventa Ltd (AIM: NVTA) V: CCE) ‡ 21.7Mt @ 192ppm Ta2O5 (+ morganite) ‡ 26.45Mt @ 204ppm Ta2O5 + 1,114ppm Nb2O5¹ ‡ Commen

  16. Slide 16: Livingstonia

    Livingstonia For personal use only ‡ Three sandstone, roll front prospects targeted ‡ Acquired March ‘06 ‡ $0 acquisition cost ‡ 3,750m RC drilling completed ‡ 23 holes @ Chombe ‡ 3 holes @ Chiweta ‡ Results imminent 16

  17. Slide 17: Drilling

    For personal use only Drilling 17

  18. Slide 18: Roll-Front Model

    For personal use only Roll-Front Model 18

  19. Slide 19: Argentina

    For personal use only Argentina 19

  20. Slide 20: Argentina

    Argentina For personal use only ‡ Sandstone targets, similar to nearby Don Otto uranium mine (recent decision to re-open) ‡ 889sqkm; first tenements pegged April ‘06 ‡ Salta Province supports uranium; Argentina is largest nuclear user in region – seeking domestic supply/independence ‡ Las Barrancas–

  21. Slide 21: Zambia and Tanzania

    Zambia and Tanzania For personal use only 21

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