Moab Minerals Limited · ASX:MOM
Moab Minerals — Investor Presentation (June 2020)
14 slides from Moab Minerals's investor presentation, Jun 24, 2020
Slide 1: Financing Update and Asset Acquisition
FINANCING UPDATE AND ASSET ACQUISITION Acquisition of controlling interest in REX uranium-vanadium project, Colorado CORPORATE PRESENTATION Delecta Limited | ASX:DLC June 2020 1
Slide 2: Disclaimer and Forward Looking Statements
DISCLAIMER AND FORWARD LOOKING STATEMENTS This presentation is not a prospectus nor an offer of securities for subscription or sale in any jurisdiction nor a securities recommendation. The information in this presentation is an overview and does not contain all information necessary for investment d
Slide 3: Capital raising drives new uranium opportunity
Capital raising drives new uranium opportunity Delecta Limited has acquired 60% of Sunrise Minerals Inc which holds the REX Uranium-Vanadium Project REX URANIUM-VANDADIUM PROJECT • 256 claims (2,072ha) in Montrose County, Colorado, USA • Long history of uranium/vanadium mining in the region • Close
Slide 4: Corporate overview and pro forma capital structure
Corporate overview and pro forma capital structure Board of Directors Pro Forma Capital Structure Mr Malcolm Day (Managing Director) 1,008,496,205 236,250,000 A civil engineer and licenced surveyor with 10 years of Shares on issue Unlisted Options (Ex. 0.8c) experience in the civil construction indu
Slide 5: REX Project
REX Project REX Project Overview Located ~130 km east of the town of Moab. Readily accessible by state routes and old mine tracks. Project contains four historic uranium mines: Rex 38, South Blackfoot, Sunbeam and Helen C that have not been subject to recent exploration. PREVIOUS EXPLORATION Located
Slide 6: Delecta has the right address
Delecta has the right address The famed Uravan Mineral Belt has been a major source of ~10KM TO RATS NEST U-V PROJECT uranium and vanadium in the US for more than 100 years Uravan Geology The Uravan Mineral Belt lies in southwestern Colorado. In this belt the carnotite deposits generally have closer
Slide 7: Rex Claims
Rex Claims Project Geology Overview Mineralisation occurs in the sandstones of the Salt Wash Member of Morrison Formation within well-defined, sandstone filled paleo river channels which are several hundred metres wide and up to a few kilometres long. The ore bodies can range from tens of tonnes to
Slide 8: REX has Vanadium upside
REX has Vanadium upside During 2018, Vanadium rallied from ~$10 to ~$33 per pound • Currently, ~90% of Vanadium is used in steel making • Significant supply reduction from China, Russia, and South Africa • China implemented new rebar standard (effective November 2018) • China switch from exporter to
Slide 9: White Mesa USA's only operating conventional uranium mill
White Mesa USA’s only operating conventional uranium mill Energy Fuels (TSE:EFR) has a proven track-record of sustained US uranium market leadership • White Mesa Mill is located within trucking distance of the REX • Licensed capacity of 8+ million pounds of uranium per year. Project • Historical pro
Slide 10: The US is leading the global uranium revival
The US is leading the global uranium revival The United States Nuclear Fuel Working Group is taking bold action to revive and strengthen the uranium mining industry US Government support with proposals to create a US$1.5B uranium reserve through 10 years of purchasing US$150m p.a. (circa 3.75Mlbs p.
Slide 11: Recent uranium demand has swamped primary and spot markets
Recent uranium demand has swamped primary and spot markets Driven by supply-side contraction, consolidation and curtailments of existing and planned production URANIUM MARKET OVERVIEW – LONG TERM DEMAND VS. SPOT PRICE Source: 2020 TradeTech 11
Slide 12: Here come the Australians
Here come the Australians There’s widespread confidence in the US-led uranium recovery and ASX Companies are applying their expertise to the region Superior Lake Resources’ (ASX:SUP) TNT Mines (ASX:TIN) Exclusive option to conduct due diligence on Completed acquisition of the East Canyon Premier Ura
Slide 13: A Project to energize
A Project to energize Why Invest • Highly prospective uranium-vanadium project. • Mineralisation confirmed across the permits with 4 historic uranium mines: Rex 38, South Blackfoot, Sunbeam and Helen C. • In demand: In 2019, US uranium production levels slipped 89% resulting from mine closures and o
Slide 14: Contact
CONTACT +61 417 770 315 mal@goldshore.com.au delecta.com.au 14