Bci Minerals Ltd · ASX:BCI
Bci Minerals — Investor Presentation (January 2018)
15 slides from Bci Minerals's investor presentation, Jan 16, 2018
Slide 1: Investor Presentation January 2018
For personal use only Investor Presentation January 2018 www.bciminerals.com.au
Slide 2: Attractive Value Proposition
Attractive Value Proposition For personal use only 1. Attractive Portfolio Projects in Iron Ore, Salt, Potash and Gold Buckland Iron Ore and Mardie Salt (both utilising 2. Focus Projects the Cape Preston East Port) Strong cash position, zero debt and solid royalty 3. Corporate Platform earnings Mark
Slide 3: Corporate and Financial Information
Corporate and Financial Information For personal use only Capital Structure Shareholding and Trading Ordinary Shares 395.0M Wroxby Pty Ltd 27.7% Share Price (12-Jan-18, 10-Day VWAP) $0.185 Top 20 Shareholders 47.8% Market Capitalisation $73.1M Number of Shareholders ~7,700 Cash (30-Sep-17) $23.6M Av
Slide 4: Asset Portfolio
For personal use only Asset Portfolio 4
Slide 5: Business Model
Business Model Create value through discovery, de-risking and transactions For personal use only Other Phil’s Creek ▪ Identify and secure attractive projects Royalties ($42M sale to Monetised Projects (pending) MIN) Iron Valley (royalty earnings) ▪ Deliver key project milestones and Nullagine Koodai
Slide 6: Cash Flow from Iron Valley Mine
Cash Flow from Iron Valley Mine For personal use only ▪ Monetised Project delivering earnings for BCI ▪ Royalty agreement with Mineral Resources (MIN) – MIN responsible for all capital and operating costs (excl. 3rd party royalties) – BCI receives quarterly royalties based on MIN’s realised FOB pric
Slide 7: Enhancing the Buckland Iron Ore Project
Enhancing the Buckland Iron Ore Project ▪ Current BCI Focus Project #1 For personal use only ▪ Iron ore mine, road and port development project in the West Pilbara – Targeting 15Mtpa for 15 years from mines at Bungaroo South, Kumina and other deposits for export via Cape Preston East (CPE) Port – Ta
Slide 8: Mardie Salt – Value Upside
Mardie Salt – Value Upside ▪ Current BCI Focus Project #2 For personal use only ▪ Healthy salt demand forecast in the Asian chloralkali / soda ash industry – from ~110Mtpa to ~170Mtpa by 2026 (4.3% p.a.)1 ▪ Mardie has favourable location for a large-scale solar evaporation salt project ▪ Positive Sc
Slide 9: Cape Preston East (CPE) Port – Multi-Commodity Potential
Cape Preston East (CPE) Port – Multi- Commodity Potential ▪ CPE port facility planned to service Buckland For personal use only Iron Ore, Mardie Salt and other projects CITIC’s Cape Site Infrastructure Shiploader Preston Port ▪ BCI is the foundation proponent and lease 1.4km Jetty holder for a 20Mtp
Slide 10: Carnegie Potash – Synergies with Mardie Salt
Carnegie Potash – Synergies with Mardie Salt For personal use only ▪ Sulphate of Potash (SOP) exploration project in joint venture with Kalium Lakes Limited (KLL), who is JV manager – KLL also developing the Beyondie SOP Project; Carnegie benefitting from Beyondie experience ▪ BCI has right to earn
Slide 11: Exploration Tenements & Royalties
Exploration Tenements & Royalties For personal use only Exploration Tenements ▪ Marble Bar (100% BCI): structurally- controlled gold targets; positive rock chip and soil sampling completed1; results pending from initial drilling ▪ Black Hills (100% BCI): base metal targets; drilling planned for Q1 C
Slide 12: Current Illustrative BCI Market Valuation
Current Illustrative BCI Market Valuation For personal use only 100 ~20 ~(20) 80 73 0 0 0 0 0 73 Indicative Mkt Value ($M) 60 40 20 - Iron Valley Cash Corp. Buckland Mardie Salt Carnegie Expl. Royalties Market Costs SOP Projects Cap 12
Slide 13: 2018 Project Milestones
2018 Project Milestones For personal use only Buckland (100%) Mardie (100%) Focus Projects ▪ Kumina exploration results ▪ Complete Pre-Feasibility and Resource estimate (1H) Study (1H) ▪ Studies and approvals to ▪ Progress approvals (1H/2H) integrate Kumina with Bungaroo South and CPE ▪ Settle monet
Slide 14: 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 15: 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