Vast Resources plc · LSE:VAST
Vast Resources — Investor Presentation (July 2019)
19 slides from Vast Resources's investor presentation, July 2019
Slide 1: Corporate Presentation July 2019
JULY 2019 CORPORATE PRESENTATION
Slide 2: Disclaimer
DISCLAIMER These materials do not constitute or form any part of any offer or invitation to sell or issue or purchase or subscribe for any shares in Vast Resources plc. (the “Company”) nor shall they or any part of them, or the fact of their distribution, form the basis of, or be relied on in connec
Slide 3: Strategy: Expanding Production Base by the End of 2019
STRATEGY EXPANDING PRODUCTION BASE BY THE END OF 2019 Vast’s priority is the advancement of its two primary value drivers into production in 2019 Baita Plai Polymetallic Mine Heritage Diamond Concession* 3 AIM:VAST 3 *subject to confirmation of license
Slide 4: Company Snapshot
COMPANY SNAPSHOT HIGHLY EXPERIENCED BOARD AND MANAGEMENT TEAM ADVANCING VAST’S PORTFOLIO AIM VAST 0.115p* £10.03m* 8,721,030,000 Market Ticker Share price Market cap Shares on issue * as at 11am 02.07.19 † Director of Vast Resources plc 1.42 Chairman† Brian Moritz SHAREHOLDERS 14.02 Directors BOARD
Slide 5: Asset Overview
ASSET OVERVIEW DIVERSIFIED PORTFOLIO ENCOMPASSING THE MINING DEVELOPMENT CURVE • BAITA PLAI • MANAILA POLYMETALLIC MINE POLYMETALLIC MINE – (ROMANIA) – 80% CARLIBABA EXTENSION • HERITAGE DIAMOND PROJECT (ROMANIA) – CONCESSION* 100% NEAR-TERM (ZIMBABWE) – UP TO PRODUCTION EXPANSION 75%, BUT 59% EXPEC
Slide 6: Baita Plai Polymetallic Mine, Romania
BAITA PLAI POLYMETALLIC MINE ROMANIA
Slide 7: Baita Plai Polymetallic Mine
BAITA PLAI POLYMETALLIC MINE TARGET TO RE-OPEN MINE BY THE END OF 2019 • 80% owned by Vast • Over 18Mt produced since 1947, put on care & maintenance in 2013 due to lack of capital investment and modernisation • Vast was granted an association licence October 2018 • Licence to mine Copper, Lead, Zin
Slide 8: >$50M of Infrastructure in Place
>$50M OF INFRASTRUCTURE IN PLACE • 60 years of infrastructure development and investment acquired with the licence; estimated replacement cost of >$50M and over 5 years of work to build today Underground hoist chamber • Investment of US$6.5 million to date for acquisition, care and maintenance, lega
Slide 9: Expected Development Schedule
EXPECTED DEVELOPMENT SCHEDULE THE COUNTDOWN HAS BEGUN AN ACCELERATED SCHEDULE AIMED AT DELIVERING CASH FLOW WITHIN SIX MONTHS* Month June-19 July-19 Aug-19 Sep-19 Oct-19 Nov-19 Dec-19 Underground General Revision Preparing open stopes Access points Collection Points Railway Machinery Order/Delivery
Slide 10: Heritage Diamond Concession, Zimbabwe
HERITAGE DIAMOND CONCESSION ZIMBABWE
Slide 11: Significant Potential
SIGNIFICANT POTENTIAL SUBSTANTIAL VALUATION BASED ON PROJECTED ILLUSTRATIVE EARNINGS • Unmined concession which by virtue of its geographical positioning is anticipated to contain economically viable diamondiferous alluvials as well as conglomerate ore resources on which Vast expects to receive a li
Slide 12: The Vast Diamond Division
THE VAST DIAMOND DIVISION A HIGHLY EXPERIENCED TEAM SPECIALISING IN DIAMONDS WITH DEEP KNOWLEDGE OF THE MARANGE DIAMOND FIELDS WILL MABERLY MARK MABHUDHU RUDORWENYU TAKAWIRA ZHOU Country Manager Zimbabwe Executive Director, MANDINYENYA Project Geologist Diamond Division Project Engineer Mark has ove
Slide 13: Typical Mobile Diamond Screening Plant
TYPICAL MOBILE DIAMOND SCREENING PLANT 13 AIM:VAST 13
Slide 14: Proposed Diamond Process Plant
PROPOSED DIAMOND PROCESS PLANT MOBILE SCREEN XRT PLANT 14 AIM:VAST 14
Slide 15: Consolidating First Mover Advantage in Romania
CONSOLIDATING FIRST MOVER ADVANTAGE IN ROMANIA
Slide 16: Manaila Polymetallic Mine and Carlibaba Extension Project, Romania
MANALIA POLYMETALLIC MINE AND CARLIBABA EXTENSION PROJECT, ROMANIA A NEW PLAN TO ESTABLISH A LARGER MANAILA METALLURGICAL COMPLEX JORC Resource Estimate • 100% interest in Manaila Polymetallic Mine • Total open pit Mineral Resource (Ind & Inf) of 4.6Mt at a grade of 0.97% Cu, 0.32% Pb, 0.68% Zn, 25.
Slide 17: Pipeline for Further Romanian Expansion
PIPELINE FOR FURTHER ROMANIAN EXPANSION HIGHLY PROSPECTIVE PORTFOLIO OF ASSETS BLUEBERRY PROJECT ZAGRA REMIN • A brown field perimeter • Prospecting activities commenced in • Relationship with Remin SA, the covering a total of 7.285km² in October 2017 focussing on Romanian state mining company, the
Slide 18: Vast's Elements for Success
VAST’S ELEMENTS FOR SUCCESS RAPID TRANSFORMATION FROM EXPLORATION COMPANY TO MINING COMPANY DELIVERING MULTIPLE REVENUE STREAMS Building a multi-commodity portfolio of Advancing two primary value drivers into productive assets in Romania and Zimbabwe, production – Baita Plai Polymetallic Mine in reg
Slide 19: Contacts
CONTACTS Andrew Prelea | Chief Executive Officer T: +44 (0) 1491 615 232 Andrew Hall | Head of Corporate Development & Investor Relations T: +44 (0) 1491 615 232 |PR & IR Tim Blythe | Director Megan Ray | Account Director T: +44 (0) 20 7138 3204 AIM:VAST 19