Renascor Resources Ltd · ASX:RNU
Renascor Resources — Shareholder Meeting (June 2016)
27 slides from Renascor Resources's shareholder meeting presentation, Jun 30, 2016
Slide 1: ASX Announcement: Managing Director's General Meeting Presentation
ASX Announcement For personal use only 30 June 2016 Re: Managing Director’s General Meeting Presentation to Shareholders Attached please find a copy of the Managing Director’s presentation to be delivered today at the company’s GM in Adelaide. Background information Renascor Resources is an Australi
Slide 2: Developing Australia's Largest High Grade Graphite Deposit
Renascor Resources Limited ASX code: RNU Renascor For personal use only Resources Limited Developing Australia’s Largest High Grade Graphite Deposit Shareholder Presentation – 30 June 2016
Slide 3: Important Notices
Important Notices For personal use only Forward Looking Statements This Presentation may include statements that could be deemed “forward-looking” statements. Although Renascor Resources Limited (the “Company”) believes the expectations expressed in such forward-looking statements are based on reaso
Slide 4: Investment Highlights
Investment Highlights For personal use only Australia’s Largest Graphite Deposit • Siviour deposit is large, shallow and open along strike • Considerable scope to add to resource with follow-up drill program High Quality Deposit • Renascor is targeting a coarse flake, high purity concentrate, with i
Slide 5: Renascor corporate profile
Renascor corporate profile For personal use only Adelaide-based management team with track record of discovery and development in South Australia ASX code RNU Shares on issue 284.5m Options 54.6m* Cash (Estimate at 28 Jun 16) $790K Conditional placement proceeds $589K** Share price (28 Jun 16) $0.01
Slide 6: Experienced Board & Management team
Experienced Board & Management team For personal use only Stephen Bizzell, Non-Executive Chairman Stephen is highly experienced in the fields of corporate restructuring, debt and equity financing, mergers and acquisitions and has over 20 years corporate finance and public company management experien
Slide 7: Focused graphite strategy
Focused graphite strategy For personal use only Strategy To capitalise on the highly encouraging progress to date at Siviour with the establishment of Australia’s largest graphite resource, Renascor intends to continue to progress toward goal of becoming a low-cost producer of high-quality coarse fl
Slide 8: Siviour graphite deposit
Siviour graphite deposit For personal use only Siviour graphite deposit in South Australia has quickly emerged as a potential commercial graphite development with several key components already established Deposit size and quality Australia’s largest graphite resource with ample scope to grow Locati
Slide 9: Re-rating potential
Re-rating potential For personal use only Renascor currently trades at a significant discount to its peers on an enterprise value per tonne basis given the recent and rapid progress at Siviour. Triggers for share price re-rating: • Market recognition of new Siviour discovery • Expansion of Siviour r
Slide 10: Graphite market
Graphite market For personal use only High tech growth areas are adding to historical industrial uses and driving increased demand for flake graphite Lithium Ion batteries Graphene Expandable graphite Super capacitors Green technologies Pebble bed reactors Renascor Resources 9
Slide 11: Why graphite in Australia?
Why graphite in Australia? For personal use only Graphite market needs secure supply • China dominates current supply • Emerging production from Africa Renascor aims to provide secure supply from Australia Source: Company data, Macquarie Research, November 2015 Renascor Resources 10
Slide 12: Arno graphite project
Arno graphite project For personal use only Located centrally in Eyre Peninsula graphite corridor Arno graphite project, showing location and nearby graphite deposits Renascor Resources 11
Slide 13: Arno graphite project: location
Arno graphite project: location For personal use only Optimal location for development and production Favourable jurisdiction • South Australia • Supportive government • Freehold land Port, Road, Rail, Power • Established ports -- Port Lincoln, Whyalla • Highway - 10km • Railhead - 16km • Power - on
Slide 14: Arno graphite project
Arno graphite project For personal use only Multiple graphite prospects –first drill program (Jan 2016) leads to Siviour discovery Carpa prospect Mt Priscilla prospect Siviour Lipson Cove graphite prospect deposit Dominant land position ~1,400km2 Electromagnetic image showing Arno Graphite Project,
Slide 15: Siviour graphite deposit
Siviour graphite deposit For personal use only Australia’s largest graphite deposit JORC-compliant Mineral Resource of 16.8Mt @ 7.4% TGC for 1,243,200t of contained graphite High-grade portion: 5.9Mt @ 10.0% TGC for 590,000t of contained graphite JORC Mineral Resource Estimate by Optiro Pty Ltd – in
Slide 16: Siviour deposit – flat-lying and near-surface
Siviour deposit – flat-lying and near-surface For personal use only Siviour has shallow, flat-lying orientation Siviour prospect: Geological cross-section for north-south Section 631800E, showing graphite-mineralised zones Renascor Resources 15
Slide 17: Siviour deposit – flat-lying and near-surface
Siviour deposit – flat-lying and near-surface For personal use only Siviour offers lower- strip ratio, less waste, more efficient mining Siviour prospect: Geological cross-section for north-south Section 631800E, showing graphite-mineralised zones Renascor Resources 16
Slide 18: Siviour – Ample scope to grow resource
Siviour – Ample scope to grow resource For personal use only Contained Mineralisatio Category TGC graphite n (Mt) (t) Indicated 6.8 8.1% 550,800 Inferred 10.0 6.9% 690,000 Total 16.8 7.4% 1,243,200 Siviour remains open at shallow depths Exploration Target defined to immediate east Open to north of I
Slide 19: Siviour – Exploration Target area
Siviour – Exploration Target area For personal use only 23m @ 12.9% TGC 21m @ 8.5% (Siv014) TGC (Siv012) 23m @ 7.8% TGC (Siv001) 36m @ 10.3% TGC (Siv018) High potential to immediately expand resource to the East Geological cross-sections for • Resource expansion drilling to commence next month Secti
Slide 20: Siviour – Additional expansion area
Siviour – Additional expansion area For personal use only 23m @ 12.9% TGC 21m @ 8.5% (Siv014) TGC (Siv012) 23m @ 7.8% TGC (Siv001) 36m @ 10.3% TGC (Siv018) 27m @ 7.8% TGC (Siv031) 17.7m @ 6.5% TGC (CRD090) Geological cross-sections for . . . and to the South Section 6245600N (above) and Section 6245
Slide 21: Siviour versus other Australian graphite deposits
Siviour versus other Australian graphite deposits For personal use only Potential to reach globally competitive scale Renascor Resources 20
Slide 22: Arno Graphite Project – flake size
Arno Graphite Project – flake size For personal use only Petrological testing shows abundance of flake graphite at Siviour High proportion of coarse flake Siviour high-grade drill samples return: • 62% in super-jumbo (+500m) category • Up to 1,600m Strong basis for producing high quality concentra
Slide 23: Arno Graphite Project – metallurgy
Arno Graphite Project – metallurgy For personal use only Positive preliminary metallurgy tests at adjacent Paxtons prospect Simple bench flotation and gravity tests yield positive initial results • 87% recoveries • Up to 94.9% purity of concentrates • Super-jumbo (600m) graphite Comprehensive miner
Slide 24: Arno Graphite Project - Conclusions
Arno Graphite Project - Conclusions For personal use only Siviour is large and growing Australia’s largest graphite deposit, with potential to reach globally competitive scale High-quality coarse flake graphite High proportion of valuable jumbo and super-jumbo flake from petrological samples Potenti
Slide 25: Munglinup Project – lithium and graphite
Munglinup Project – lithium and graphite For personal use only High upside potential from lithium and graphite prospects Young River lithium prospect – elevated lithium in Archean greenstone belt adjacent to Mt Cattlin lithium mine Drill-ready EM targets adjacent to high- grade Halbert’s graphite de
Slide 26: Other Projects
Other Projects For personal use only Project portfolio includes additional high-upside exploration projects Eastern Eyre -- Copper Advance large-scale copper prospect, with results including13m at 1.45% Cu, 66 ppm Ag and 0.17% Co Olary* – Lithium/Gold Elevated lithium in outcropping pegmatites Shall
Slide 27: Forward Work Program
Forward Work Program For personal use only Renascor intends to fast-track Siviour through development and into production High-grade graphite at Arno Renascor option to purchase Resource delineation drill program Flake size and purity Initial JORC resource Drilling to expand resource* Mineral proces