Iron Bear Resources Ltd · ASX:IBR
Iron Bear Resources — Cape Lambert Resources — Investor Presentation (April 2011)
19 slides from Iron Bear Resources's investor presentation, Apr 20, 2011
Slide 1: ASX Announcement: Company Presentation
ASX Announcement 20 April 2011 Cape Lambert is an Australian domiciled, mineral investment company. Its current investment portfolio is geographically diverse and consists of mineral assets and Company Presentation interests in mining and exploration companies. The Company continues to focus on inve
Slide 2: Market Update April 2011
Market Update April 2011 Tony Sage Executive Chairman
Slide 3: Disclaimer
Disclaimer This presentation has been prepared by Cape Lambert Resources Limited (“Cape Lambert” or the “Company”). It is not a disclosure document and should not be considered as an offer or invitation to subscribe for, or purchase any securities in the Company or as an inducement to make an offer
Slide 4: Progressive Global Mining Company
Progressive Global Mining Company Australian mineral investment company, listed on ASX (CFE) Geographically diverse portfolio of mineral assets and interests in mining and exploration companies Cash and receivables of A$150 million1 at 31 March 2011, no bank debt and fully funded Convertible
Slide 5: Strong Track Record
Strong Track Record Strong track record of delivering shareholder value February 2011, on market buy-back complete, 54 million shares for A$32 million bought back July 2010, A$44 million fully franked special dividend October 2008, A$100 million capital/dividend payment October 2007, in sp
Slide 6: Business Model and Strategy
Business Model and Strategy Leverage off strong balance sheet (cash reserves) and relationships Invest in early stage resource projects and companies that are considered undervalued or distressed Assets and investments are primarily iron ore, copper, gold and uranium Add value through a “han
Slide 7: Corporate Snapshot
Corporate Snapshot Capital Structure Share Price Performance Ordinary shares (ASX: CFE) 572M Market Cap at $0.52 $297M Unlisted options 7.8M ($0.45 exp 30 Sep 2011) Cash and receivables1 $158M Securities (marked-to-market) $72M Enterprise value $67M Shareholding Directors 6.7% Top 20 64.4% Average D
Slide 8: Strong Board and Management
Strong Board and Management Directors Key Management Tony Sage Executive Chairman Joe Ariti General Manager Over 25 years experience in corporate Metallurgist with over 25 years advisory, funds management and capital experience in the mining industry raisings. working in Australia, Indonesia, PNG an
Slide 9: Group Structure
Group Structure 8 19 April 2011
Slide 10: West African Emerging Iron Ore Business – The Next Pilbara
West African Emerging Iron Ore Business – The Next Pilbara 9 19 April 2011
Slide 11: Marampa Iron Ore Project
Marampa Iron Ore Project (CFE: 100%) Specular hematite, operated from 1933-1977 Maiden JORC resource of 197Mt (@28.5% Fe) representing 20% of mineralised strike Potential production start-up late 2012 Scoping study for 5Mtpa, standalone open pit mining development complete, initial capital
Slide 12: Pinnacle Group Assets (Iron Ore)
Pinnacle Group Assets (Iron Ore) (CFE: 46.11% & Manager) Kukuna, Sierra Leone 68km2 granted licence, with >10km of prospective formation with outcropping enriched specular hematite SRK completed geological mapping and defined five large target areas; trenching and IP surveys completed to define
Slide 13: Pinnacle Group Assets continued
Pinnacle Group Assets continued Sandenia, Guinea Two exploration permits (total 608km2) prospective for iron ore Adjacent to Bellzone’s 3.7 billion tonne Kalia iron ore project airborne geophysical survey and regional geological mapping now completed. 12 19 April 2011
Slide 14: Pinnacle Group Assets continued
Pinnacle Group Assets continued Sandenia, Guinea continued Seven exploration targets prospective for oxidised enriched and magnetite BIF identified Regional mapping & sampling confirms BIF with in-situ iron grades of up to 48% Fe at surface Prospect-scale mapping & sampling of priority targets
Slide 15: Sappes Gold Project
Sappes Gold Project (CFE: 100%) Project based on developing High-grade, underground Viper resource (total Mineral Resource – 1Mt at 21.4 g/t Au) Small, open pit on St Demetrios mineralisation (total Mineral Resource – 0.8 Mt at 3.4 g/t Au) Planned production of 80koz pa over 7 years (in dore
Slide 16: Other Key Assets
Other Key Assets Asset Interest Commodity Stage Location Exploration, Republic of Congo, African Iron Ltd (ASX:AKI) 25% Iron Ore near term Africa production Australis 100% Rock Phosphate Exploration Qld/NT, Australia Care & Leichhardt 100% Copper Qld, Australia Maintenance Cauldron Energy Ltd 19.9%
Slide 17: Value Proposition
Value Proposition Asset A$ Value Cash at 31 March 2011 70M Cash Receivables and Convertible Notes1 88M Equities (mark-to-market)2 72M Marampa (100%)3 500M? Sappes (100%)4 50M? Australis (100%) ? Pinnacle (46.11%) ? Cape Lambert South (100%) ? ++780M Notes: 1.Cash receivables include the final paymen
Slide 18: Attributes: Competent Persons Statement
Attributes Competent Persons Statement The Metallurgical information in this presentation is based on information compiled by GV Ariti who is a Member of The Australasian Institute of Mining and Metallurgy. Mr. Ariti has sufficient experience which is relevant to the style of mineralisation and type
Slide 19: www.capelam.com.au
www.capelam.com.au Corporate Office 18 Oxford Close Leederville, Western Australia 6007 Australia Postal Address: P.O. Box 144 West Perth, Western Australia 6872 Australia Telephone +61 8 9380 9555 Facsimile +61 8 9380 9666 Email info@capelam.com.au 18 19 April 2011
Cape Lambert Resources — Investor Presentation (April 2011) on 6ix