Parkway Corporate Limited · ASX:PWN
Parkway Corporate — Potash West NL — 2014 Mining Resources Convention, Brisbane
18 slides from Parkway Corporate's conference presentation, Oct 30, 2014
Slide 1: World Class Fertiliser Products from World Class Assets
For personal use only WORLD CLASS FERTILISER PRODUCTS FROM WORLD CLASS ASSETS 2014 Mining Resources Convention, Brisbane 29 October
Slide 2: Disclaimer
This presentation is for information purposes only. Neither this presentation nor the information contained in it constitutes an offer, invitation, solicitation or recommendation in relation to the purchase or sale of shares in any jurisdiction. This presentation may not be distributed in any jurisd
Slide 3: Resource information and Competent Persons statements
Information in the presentation that relates to the Mineral Resource estimate for Dinner Hill is fully described in the ASX release of 11 October 2012. Information relating to the Dinner Hill Extended Exploration Target was released to the ASX on 07 May 2013. Information relating to the phosphate Mi
Slide 4: Agenda
Agenda For personal use only • Company Snapshot • Fertiliser Overview • South Harz Project, Germany • Dandaragan Trough Project, Western Australia • Phosphate • K-Max • Value Proposition 4
Slide 5: Corporate Snapshot
CORPORATE SNAPSHOT For personal use only ASX CODE PWN SHARE PRICE – 29 Oct 2014 AU$0.05 MARKET CAP. AU$8M SHARES ON ISSUE (1) 196 M 12 MONTH RANGE 4c – 14c TOP 20 SHAREHOLDERS 48% MGMT AND DIRECTORS 25% (1) Plus 36M partly paid and 13M options, fully diluted =187 M shares BOARD Adrian Griffin – Chai
Slide 6: Investment Case
INVESTMENT CASE Creating opportunities in the global fertiliser industry: For personal use only Exploring a brown-fields potash project in Germany Long established potash field with established infrastructure Close to existing producers and end-users Significant near-term exploration poten
Slide 7: Fertiliser Business
FERTILISER BUSINESS 3 Fertiliser bulk commodities, For personal use only N, Nitrogen, promotes green growth P, Phosphorous, promotes plants yield potential K, Potassium, enables plants to take up nutrients from soil and air 3 Minors, Ca, S and Mg Most soils deficient in NPK Not interch
Slide 8: Fertiliser Business
FERTILISER BUSINESS Forecast value of US$172B in 2015, For personal use only Fertiliser wholesalers mix products for region, from bulk raw materials: Nitrogen (109 Mtpa, N): from air, gas and coal Urea Ammonia Nitrate Phosphates (41Mtpa, P): mined from rock phosphate deposits Superphos
Slide 9: Food production challenge quote
For personal use only “The challenge is clear. With nearly 1 billion people already suffering from hunger and malnutrition in some of the fastest growing areas of the world, the challenge of doubling food production by 2050 will become more difficult as key resources become increasingly scarce and a
Slide 10: East Exploration
EAST EXPLORATION For personal use only Earning 55% interest in a project in Germany Counterparty, private interests Close to existing producers Earning 55% of project, by: Apply for 2 licences, 450km2 Review available geological data Working with Ercosplan, world renowned potash consul
Slide 11: Küllstedt and Gräfentonna Applications
KÜLLSTEDT AND GRÄFENTONNA APPLICATIONS Within South Harz region, For personal use only which has produced 100m tonnes of potash Several mines in production up till 1990s, German reunification. Low potash prices caused closures KÜLLSTEDT 450 sq km of application Extensive drilling Close to
Slide 12: Dandaragan Project Location
DANDARAGAN PROJECT LOCATION For personal use only +2,000 km2 of prospective area ~150km of strike ~+20km width Many intersections +40m Great infrastructure Rail Power Gas Water Close to local markets, WA and DINNER SE Asia HILL Similar mining activity already DAMBADJIE in regio
Slide 13: K-Max Phosphate
For personal use only 13 K-MAX PHOSPHATE
Slide 14: Dinner Hill Scoping Studies
DINNER HILL SCOPING STUDIES For personal use only S Millions Phosphate, 20 Year Mine Life Capex 144 NPV(1) 331 EBITDA (1), AU$M pa 48 K-Max, +60 Year Mine Life Capex 650 NPV(1) 808 EBITDA (1), AU$M pa 225 (1) Ungeared, pre-tax 14
Slide 15: Corporate Structure
Corporate Structure Potash West NL For personal use only 100% 100% 100% PWN Development Dinner Hill Mining K-Max Company Pty Ltd Company Pty Ltd Technology Pty Ltd •Overseas assets of group •Potash, Phosphate and by-products •Licences in Dandaragan Trough rights in EL 3987, Western Australia • Proce
Slide 16: Next Steps
Next Steps South Harz Project For personal use only Licences granted Dec 2014 Existing exploration reviewed, Dec 2014 Decide next programme March 2014 Dandaragan Trough Commence Permitting, Dec 2014 Investigate Synergies at Dinner Hill, Dec 2014 Resource Upgrade March 2014 Technolo
Slide 17: Investment Highlights
INVESTMENT HIGHLIGHTS Exposure to the growing fertiliser business For personal use only Regions are major importer German Potash, exploration upside Long production history Extensive database available, quality partners Dandaragan Trough Strategic location Low risk start up with phos
Slide 18: Questions?
QUESTIONS? COME TO BOOTH 34 For personal use only Unit 3 Patrick McManus 23 Belgravia Street Managing Director Belmont WA 6104 Mobile +61 (0) 408 956 798 patrick.mcmanus@potashwest.com.au PO Box 588 Belmont WA 6984 Adrian Griffin Chairman Phone +61 (0) 8 9479 5386 Mobile +61 (0) 418 927 658 Fax +61
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