Cyprium Metals Limited · ASX:CYM
Cyprium Metals — Noosa Conference (July 2024)
14 slides from Cyprium Metals's conference presentation, Jul 17, 2024
Slide 1: Company Briefing - Noosa Conference Presentation
COMPANY BRIEFING NOOSA CONFERENCE PRESENTATION www.cypriummetals.com
Slide 2: Disclaimers and Forward-Looking Statements
DISCLAIMERS AND FORWARD-LOOKING STATEMENTS IMPORTANT: You must read the following before continuing. This Shareholder Update Presentation (“Presentation”) has been prepared by Cyprium Metals Limited (ABN 48 002 678 640) (“Cyprium” or “Company”) and authorised for release to ASX by the Board of Direc
Slide 3: Acknowledgement of Country
ACKNOWLEDGEMENT OF COUNTRY Cyprium recognises and respects the Traditional Custodians of the lands where we conduct our business. We acknowledge the profound spiritual and cultural significance these lands hold for their ancestral owners. We are committed to fostering enduring relationships with ind
Slide 4: Five Things for Investors to Know About Cyprium
FIVE THINGS FOR INVESTORS TO KNOW ABOUT CYPRIUM 1. Situational investment: turnaround in mid-turn 2. Western Australian copper at scale with brownfield advantage 3. Clear, sequenced execution strategy 4. Team that has done this before 5. Great moment to invest for long-term value growth 4
Slide 5: Turnaround Story in Mid-Turn
TURNAROUND STORY IN MID-TURN (ASX: CYM) 0.12 4 0.10 Cyprium Metals Ltd 3 Ticker: CYM Shares Traded ($ m.) 0.08 Market Cap (FD): $104m Ent Value (FD): $113m (b/s as of March 24) Share Price ($) 0.06 2 0.04 – CYM spent half of 2023 on 1 – suspension and near insolvency 0.02 – Rescue financing in 2023
Slide 6: 1.9 Million Tonnes of Australian Copper Resource
1.9 MILLION TONNES OF AUSTRALIAN COPPER RESOURCE Two brownfield processing plants, site infrastructure, permits Contained tonnes NIFTY COMPLEX Cu Open-Pit Resources1 1,038,000 Heap Leach Inventory (Cathode Plant) ~90,000 Port Hedland Port Hedland Brownfield Cathode Plant Brownfield Concentrator Cont
Slide 7: Clear Strategy to Progress Assets
CLEAR STRATEGY TO PROGRESS ASSETS Cathode in early 2025, Concentrate in 2027 40-50 ktpa brownfield …plus incremental ~50ktpa from capacity… owned projects HIGH Nifty 1 Project SX-EW execution Nifty 2 Restart Large Surface Design / Mine feasibility Conceptual Maroochydore plans Project Knowledge MEDI
Slide 8: Step 1: Resume Cathode Production
STEP 1: RESUME CATHODE PRODUCTION Low cost, low complexity path to revenue and operations 6,000 tonne production target, working towards commercial and FID now 8
Slide 9: Step 2: New Surface Mine at Nifty
STEP 2: NEW SURFACE MINE AT NIFTY Working towards 2027 concentrate production 2024 Scoping Study: NPV8 of $880m, 46% IRR 9
Slide 10: Team Experienced in Mine Startups and Change Mgmt
TEAM EXPERIENCED IN MINE STARTUPS AND CHANGE MGMT Right team to bring company into operational phase Matt Fifield Colin Mackey Louis Chait Manu Trivedi Milan Jerkovic Executive Chairman COO Chief Commercial CFO Senior Advisor Officer - Managing Partner, - Eighth mine startup - Marketing, logistics,
Slide 11: What to Expect for Rest of 2024
WHAT TO EXPECT FOR REST OF 2024 1. More detail on Cathode Restart 2. Cathode Restart funding plan and FID 3. Address near-term maturities 4. Continued progress on Nifty’s New Surface Mine to PFS and beyond 5. Possible: additional news as longer-term development projects advance 11
Slide 12: Thank You
THANK YOU Contact Us Registered Office & Principal Place of Business Unit 1, 437 Roberts Road Subiaco WA 6008 Australia Telephone +61 8 6374 1550 www.cypriummetals.com
Slide 13: Important Notices
IMPORTANT NOTICES Competent Person’s Statement The information in this report that relates to estimation and reporting of Mineral Resource Estimates is an accurate representation of the available data and is based on information compiled by external consultants and Mr. Peter van Luyt who is a member
Slide 14: Important Notices - Mineral Resource Estimates
IMPORTANT NOTICES Mineral Resource Estimates on which Cu equivalent calculations are based MAROOCHYDORE MINERAL RESOURCE ESTIMATE 2013 Resource Material type Volume m3 BD Tonnes Cu eq % Cu eq T Cu % Cu T Co ppm Co T Zn ppm Zn T Category Indicated 18,561,818 2.2 40,836,000 1.03 420,265 0.92 375,691 3