Aguia Resources Limited · ASX:AGR
Aguia Resources — Investor Presentation (November 2017)
23 slides from Aguia Resources's investor presentation, Nov 13, 2017
Slide 1: November 2017 Aguia Resources Limited
For personal use only November 2017 AGUIA Resources Limited ASX: AGR/TSXV: AGRL
Slide 2: Disclaimer
DISCLAIMER For personal use only This document has been prepared as a summary only, and does not contain all information about Aguia Resources Limited (the “Company”) assets and liabilities, financial position and performance, profits and losses, prospects and the rights and liabilities attaching to
Slide 3: AGUIA: A Brazilian Fertilizer Company
AGUIA: A Brazilian Fertilizer Company For personal use only ▪ Derisked phosphate development company evolving towards production ▪ Sole source of domestic phosphate supply in the Manaus Sao Luis intensive farming region of southern Brazil ▪ Extensive drilling campaign has confirmed +100MT Mineral Re
Slide 4: On the Pathway to Production
On the Pathway to Production For personal use only 1 2 3 Exploration Engineering & Permitting Construction ▪ 28,300 metres of drilling ▪ 2016 PEA confirms geologic and ▪ Negotiation of key offtake and completed increasing geologic economic viability utility contracts assurance and resource classific
Slide 5: Phosrock Price Forecast
Phosrock Price Forecast Phosrock FOB Rio Grande vs FOB Morocco Prices (US$/t) For personal use only FOB Rio Grande Spread FOB Morocco $300 FOB RIO GRANDE (2015 – 2025) CAGR: 2.8% $251 $241 $250 $230 Commodity Prices (US$/t) $218 $224 $207 $212 $199 $195 $201 $200 $189 $181 $175 $177 $179 $163 $187 $
Slide 6: Global Agriculture Powerhouse
Global Agriculture Powerhouse World’s Largest Availability of Arable Land1 For personal use only ▪ In the last 30 years Brazil has transformed from a net food 400 importer to an agriculture superpower and is now the world’s 303 largest exporter of agricultural products 300 269 Hectares (million) 219
Slide 7: Domestic Producer Cost Advantage
Domestic Producer Cost Advantage For personal use only ▪ Southern Brazil is 100% reliant on phosphate imports with no new mines planned or under development ▪ Aguia has a sustained cost advantage over imports of ~ $70/t1 45 days ▪ Southern Brazil currently consumes 1.2-1.5 Mt of from Morocco to phos
Slide 8: Rio Grande Do Sul: Três Estradas
Rio Grande Do Sul: Três Estradas ▪ JORC/43-101 compliant resource >100 Mt For personal use only ➢ 36 Mt Measured @ 4.01% P2O5 ➢ 47 Mt Indicated @ 4.18% P2O5 ➢ 21.8 Mt Inferred @ 3.67% P2O51 ▪ 28,300 meters of drilling now complete TRÊS ESTRADAS Project Site Sample from TRÊS ESTRADAS 1 See ASX Releas
Slide 9: High-Grade Oxide Ore At Surface
High-Grade Oxide Ore At Surface ▪ First 4-5 years of production will focus on shallow high-grade oxide in the first 25 to 30 For personal use only meters from surface ▪ Measured and Indicated resource of oxidized material occurring of 5.3 million tonnes grading 8.8% P2O5 with a cut-off grade of 3% P
Slide 10: Engineering Trade-Off Studies
Engineering Trade-Off Studies ▪ Highly experienced team of contractors engaged to develop the Bankable Feasibility Study of the Três Estradas Phosphate Project – now over 75% complete For personal use only ▪ Production scale has been optimized, maximizing project value and establishing a seamless in
Slide 11: Metallurgical Results
Metallurgical Results For personal use only ▪ Pilot plant scale flotation test results confirm excellent recoveries and concentrate grades for industrial scale1: ✓ Oxide mineralization produced concentrate grading 35% P2O5 yielding total circuit recovery of 87% ✓ Fresh carbonatite produced concentra
Slide 12: Community and Government Outreach
Community and Government Outreach ▪ Named a priority development project by the Secretary of Economic Development of the Rio For personal use only Grande do Sul State ▪ New local outreach website launched for the Três Estradas project providing information on Company’s development plans and positive
Slide 13: Rio Grande Do Sul Belt Consolidation
Rio Grande Do Sul Belt Consolidation For personal use only ▪ Adjacent targets being explored in an effort to expand the regional resource ▪ Option signed on 4,500 ha Terra Santa located adjacent to Três Estradas, expanding footprint by 30% ▪ Initial exploration underway in a zone where up to 11.57%
Slide 14: Timeline and Key Milestones
Timeline and Key Milestones For personal use only Três Estradas Project 2016 2017 2018 2019 2020 Future Resource Exploration & Development Drilling to Complete 43-101 Resource Reports Q3 2017 Permitting EIA-RIMA for industrial project Q3 2017 Environmental Permitting1 LP LI LO Q2 2018 Q4 2019 Q2 202
Slide 15: Experienced Board & Management
Experienced Board & Management Paul Pint, Executive Chairman Ryan Ptolemy, Chief Financial Officer Mr. Pint, is a capital markets professional with over 20 years of For personal use only Mr. Ptolemy is a Chartered Professional Accountant, Certified General Accountant, experience in senior positions
Slide 16: Local Photos
Local Photos For personal use only Yara’s facility at port of Rio Grande TIMAC’s facility at port of Rio Grande Rail line 200 metres from edge of 16 Três Estradas property
Slide 17: Local Photos
Local Photos For personal use only Terrain at Três Estradas – cattle pastures Pastures and fields of crops in Rio Grande do Sul Terrain at Três Estradas – rolling farm fields Rice paddies in Rio Grande do Sul – with visible outcroppings at bottom right an example of local farming 17
Slide 18: Capital Structure & Financing Activities
Capital Structure & Financing Activities For personal use only AGR Performance 2017 YTD Fully Diluted Equity Ordinary Shares issued 117.2m Options 2.9 Warrants 13.2 Fully Diluted 133.3 Undiluted Market Cap at A$0.385 $45.12m (31 Oct 2017) Fully Diluted Market Cap at A$0.385 $51.3m 52 week range $0.3
Slide 19: Thank You
For personal use only THANK YOU
Slide 20: Competent Persons Statement
Competent Persons Statement For personal use only The Três Estradas Phosphate Project has a current JORC/43-101 compliant mineral resource which includes Measured Resources of 36 Mt grading 4.01% P2O5. Indicated Resources of 47 Mt @ 4.18% P2O5 and Inferred Resources of 21.8 Mt @ 3.67% P2O5. The Luce
Slide 21: Enquiries and Offices
For personal use only Enquiries: Registered Office Head Office Suite 2, Level 10 Rua Antonio de Albuquerque, Justin Reid, Managing Director 70 Phillip Street 156 15º andar - Funcionarios jreid@aguiaresources.com.au Sydney NSW 2000, Belo Horizonte – MG, Brazil Australia Tel: +55 31 350 55200 Catherin
Slide 22: Três Estradas Mineral Resource
Três Estradas Mineral Resource Resource Volume Tonnage Density P2O5 as For personal use only Domain P2O5% Classification (m X 1,000) (T X 1,000 (T/m3) 3 Apatite (%) AMSAP 36 55 1.54 6.63 15.70 CBTSAP 491 796 1.63 10.18 24.11 Measured WMCBT 602 1,686 2.81 4.24 10.03 MCBT 11,619 33,004 2.85 3.85 9.12
Slide 23: Principle Assumptions
Principle Assumptions For personal use only The Preliminary Economic Assessment (PEA) referred to in this presentation relies on the following assumptions: ▪ A long term price of USD$ 210/t phosrock for the entire Life of Mine. The price forecast reflects average prices cleared at the main Southern
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