Southern Palladium Ltd. · ASX:SPD
Southern Palladium — Shareholder Meeting (November 2023)
9 slides from Southern Palladium's shareholder meeting presentation, Nov 28, 2023
Slide 1: Managing Director's Presentation to Annual General Meeting
28 November 2023 Managing Director’s Presentation to Annual General Meeting Southern Palladium Limited (ASX Code: SPD and JSE Code: SDL) releases the Managing Director’s presentation to the Company’s Annual General Meeting which is to be held today. Authorised by the Company Secretary. For further i
Slide 2: Bengwenyama presents a substantial opportunity in the global PGM market
Bengwenyama presents a substantial opportunity in the global PGM market. Previous exploration efforts have already yielded a JORC 2012-compliant Inferred Mineral Resource of 25.12Moz within two ore horizons—the UG2 chromitite and Merensky Reef, achieved in 2023. Moreover, an assessment conducted by
Slide 3: Southern Palladium Limited: Transitioning from Exploration to Development
SOUTHERN PALLADIUM LIMITED TRANSITIONING FROM EXPLORATION TO DEVELOPMENT PAGE 1
Slide 4: Bengwenyama Project (70%)
Exploration programme targeting delivery of a PFS for a significant new mine, and the submission of a Mining Right Application BENGWENYAMA PGM project in the heart of the Eastern Limb of the Bushveld Complex adjacent to PROJECT (70%) Tier 1 Operations A single local community strongly supportive of
Slide 5: Our Achievements and Goals
OUR ACHIEVEMENTS AND GOALS ON TIME AND ON BUDGET DELIVERY Community A$19m Drilling Drilling Far East Resource Submit 2nd Interim Updated Complete Feasibility Construction meetings raised in Commenced Intersects Block increases by Mining Resource Scoping PFS and FID Starts June UG2 Reef Discovery 34%
Slide 6: Financial Year-End Key Figures
FINANCIAL YEAR-END KEY FIGURES 30 JUNE 2023 A$ EV/oz Resource Use of funds Mrkt Cap CASH Drilling Meters Completed increased by incl. Drilling, A$33m2 POSITION 34 % Studies and Corporate and other related Enterprise costs since Value listing 14,000m 25.12 Moz A$5.6m A$21m A$11.5m (7E) 1 A$0.22/oz EV
Slide 7: Near Term Drilling
NEAR TERM DRILLING RESOURCE INCREASED BY 34% WITH FURTHER GROWTH POTENTIAL A A • Resource increased by 34% to 25.12Moz (7E) mainly attributable to the “Far East Block” discovery UG2 Inferred UG2 Resource 11.42Moz • UG2 Indicated Resources make up 22% of the UG2 Resource UG2 Indicated • Eastern Porti
Slide 8: Social and Environmental Responsibility
SOCIAL AND ENVIRONMENTAL RESPONSIBILITY JSE Listing Security BENGWENYAMA COMMUNITY ENGAGEMENT Geology First tender Khomanani exploration office Communication Social upliftment development programme School Visit Sanitation and diesel www.facebook.com/SouthernPalladium SPD Soccer Tournament PAGE 6
Slide 9: Page
PAGE
Southern Palladium — Shareholder Meeting (November 2023) on 6ix