Slide 1: Fourth Quarter and Year End Results 2017
• Ramaco Resources, Inc. Fourth Quarter and Year End Results 2017
Slide 2: Disclaimer
Disclaimer • Disclaimer 1 • Forward Looking Statements • The information in this presentation includes “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended (the “Securities Act”) and Section 21E of the Securities Exchange Act of 1934, as amended (t
Slide 3: Randall Atkins Conference Call Comments
• Randall Atkins Conference Call Comments 2
Slide 4: Overview
Overview • Overview 3 (NASDAQ: METC) 252 million ton metallurgical coal reserve base with attractive low cost and quality characteristics across High Vol. and Low Vol. segments. Ramping company owned production from 548,000 tons in 2017 to between 2.0-2.2 million tons in 2018, ultimately reaching ap
Slide 5: Michael Bauersachs Conference Call Comments
• Michael Bauersachs Conference Call Comments 4
Slide 6: Key Dates and Upcoming Milestones
• 5 Key Dates October 2017: • First Coal Processed at the Elk Creek Plant November 2017: • Elk Creek First Coal on the CSX Rail December 2017: • Berwind Development Coal Production January 2018: First Elk Creek Export Shipment September 2017: • Commercial production at Elk Creek Surface Mine January
Slide 7: Operating Performance
MN RAMACO RESOURCES Operating Performance
Slide 8: Elk Creek Preparation Plant – Raw Ton Feedstock
Elk Creek Preparation Plant – Raw Ton Feedstock • Elk Creek Preparation Plant – Raw Ton Feedstock 7 • *Projected
Slide 9: Elk Creek – Trains Per Month
Elk Creek – Trains Per Month • Elk Creek – Trains Per Month 8 • *Projected • **Through 3/15/18
Slide 10: Fully Operational Elk Creek Infrastructure
Fully Operational Elk Creek Infrastructure • Fully Operational Elk Creek Infrastructure 9
Slide 11: Elk Creek – Underground Production Trends - 2017
Elk Creek – Underground Production Trends - 2017 • • Elk Creek – Underground Production Trends - 2017 10
Slide 12: Elk Creek – Production Ramp-up
Elk Creek – Production Ramp-up • • Elk Creek – Production Ramp-up 11
Slide 13: Active Berwind Mine Site
Active Berwind Mine Site • Active Berwind Mine Site 12
Slide 14: Marketing Update
MN RAMACO RESOURCES Marketing Update
Slide 15: Europe / Domestic Marketing Strategy
• Europe • RAMACO’s domestic marketing strategy worked. • Without placement of tons into the domestic market, we could not produce at our capacity during 2018. • The lack of an operating preparation plant and an early domestic selling season was a daunting task that was met with focus, education of
Slide 16: 2018 Coal Sales – Domestic Tons
2018 Coal Sales – Domestic Tons • • 2018 Coal Sales – Domestic Tons 15
Slide 17: 2018 Coal Sales – Export Tons
2018 Coal Sales – Export Tons • • 2018 Coal Sales – Export Tons 16
Slide 18: Purchase Coal is a Meaningful Plus
Purchase Coal is a Meaningful Plus • Purchase Coal is a Meaningful Plus 17 • Underutilized Knox Creek Plant Capacity Creates Purchase Coal Opportunity • Currently two sources of coal who do not have dedicated washing capabilities. Coal is purchased for resale. We also have a first right to purchase
Slide 19: Capital Update
MN RAMACO RESOURCES Capital Update
Slide 20: Projected 2018 Capital Expenditures
Projected 2018 Capital Expenditures • • Projected 2018 Capital Expenditures 19
Slide 21: Coal Reserve Update
MN RAMACO RESOURCES Coal Reserve Update
Slide 22: RAMACO Resources Property Control Map
RAMACO Resources Property Control Map • RAMACO Resources Property Control Map 21
Slide 23: Key Take-Aways
• 22 Unsold company and purchase coal should increase avg. pricing Sold coal to both domestic (6) and export (5) customers Knox Creek washing Berwind & creating trading margins 4Q cost improvement occurred along side substantial negatives 3 active deep mines plus a surface highwall miner mine • @ El
Slide 24: Ramaco Resources, Inc. contact
• Ramaco Resources, Inc. 250 West Main Street, Suite 1800 Lexington, Kentucky 40507