Bci Minerals Ltd · ASX:BCI
Bci Minerals — Global Iron Ore and Steel Forecast Conference 2018
14 slides from Bci Minerals's conference presentation, Mar 22, 2018
Slide 1: BCI's Iron Ore Business
For personal use only BCI’s Iron Ore Business Global Iron Ore and Steel Forecast Conference Alwyn Vorster – Managing Director 22 March 2018 www.bciminerals.com.au
Slide 2: Corporate Information
Corporate Information For personal use only Capital Structure Shareholding and Trading Ordinary Shares 395.0M Wroxby Pty Ltd 27.7% Share Price (16-Mar-18, 10-Day VWAP) $0.16 Top 20 Shareholders ~50% Market Capitalisation $63.6M Number of Shareholders ~7,600 Cash (31-Dec-17) $18.9M Ave Daily Volume (
Slide 3: BCI's Focus
BCI’s Focus BCI aims to become a mining company with significant earnings from For personal use only multiple iron ore and industrial mineral projects. 1. Optimise & grow Iron Ore business: ▪ Improve BCI’s earnings structure from Iron Valley mine ▪ Build value in the Buckland Project via Kumina expl
Slide 4: Iron Ore Pricing
Iron Ore Pricing For personal use only ▪ FY18 headline 62% Fe price stronger 100 than market commentators’ forecasts 90 (US$60-80/dmt range) 80 62% Fe Price (US$/dmt) 70 ▪ Discounts for 58% Fe products 60 remain high, after increasing 50 materially in FY17 40 30 ▪ Impact on BCI: 20 1. Current Iron V
Slide 5: Ongoing Cash Flow from Iron Valley Mine
Ongoing Cash Flow from Iron Valley Mine For personal use only ▪ Quarterly earnings for BCI ▪ Royalty agreement with Mineral Resources Ltd (MIN) – MIN responsible for all capital and operating costs (excl. 3rd party royalties) – BCI receives quarterly royalties based on MIN’s realised FOB price and p
Slide 6: Iron Valley Upside from BOSS
Iron Valley Upside from BOSS For personal use only ▪ MIN evaluating an innovative transport solution for Artist’s Impression of BOSS Iron Valley, the Bulk Ore Shuttle System (BOSS) – 330km lightweight, narrow gauge rail system – Fully autonomous ~120t payload shuttles ▪ MIN’s plans are gaining momen
Slide 7: Improved Buckland Iron Ore Project
Improved Buckland Iron Ore Project ▪ Iron ore mine/s, road and port development For personal use only 15-20Mtpa project in the West Pilbara ▪ Target 15-20Mtpa for 15 years via Cape Preston East (CPE) Port – Bungaroo South FS completed and fully approved for 8Mtpa operation – Kumina aiming to add an
Slide 8: Kumina – a Potential Game Changer
Kumina – a Potential Game Changer For personal use only ▪ Large (480km2), underexplored tenement package acquired from Mineralogy Pty Ltd in Sep-17 Y Z ▪ Targeting tonnage and quality to support a 15-20Mtpa Buckland operation (combined with Bungaroo South) ▪ Multiple channel iron (CID) and higher gr
Slide 9: Kumina – Higher Grade BID Targets
Kumina – Higher Grade BID Targets For personal use only ▪ Bedded deposit (BID) outcropping in Joffre Member of the Brockman Iron Formation at multiple targets – rock chip samples up to 67% Fe1 ▪ Mapping and historical drill hole also identified presence of Dales Gorge Member ▪ If both Joffre and Dal
Slide 10: Cape Preston East (CPE) Port – Multi-Product Export Potential
Cape Preston East (CPE) Port – Multi-Product Export Potential For personal use only ▪ CPE port facility planned to service Buckland Iron CITIC’s Cape Site Infrastructure Shiploader Ore, Mardie Salt and other projects Preston Port 1.4km Jetty ▪ BCI is the foundation proponent and Lease holder for a 2
Slide 11: Other Projects
Other Projects Mardie Salt (100%) – Focus Project For personal use only ▪ Positive Scoping Study in 2017 ▪ PFS targeted by June 2018 ▪ PFS to include sulphate of potash (SOP) production ▪ Future ownership options could include a JV or IPO – potential to benefit BCI shareholders directly Carnegie Sul
Slide 12: Attractive Value Proposition with Upside
Attractive Value Proposition with Upside For personal use only Iron Valley ▪ Reduced discount levels will improve BCI EBITDA 7-15Mtpa ▪ BOSS rail system could double production and double (royalty earnings) BCI’s annual royalty Potential future production from BCI iron ore tenements Buckland Iron Or
Slide 13: Important Notices
Important Notices This presentation has been prepared by BCI Minerals Limited ABN 21 120 646 924 (“BCI”). For personal use only This document contains background information about BCI current at the date of this presentation. The presentation is in summary form, has not been independently verified a
Slide 14: For personal use only
For personal use only T +61 8 6311 3400 Level 1, 15 GPO Box 2811 E info@bciminerals.com.au Rheola St West West Perth WA 6872 W www.bciminerals.com.au Perth WA 6005
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