Asiamet Resources Limited · LSE:ARS
Asiamet Resources — Shareholder Meeting (June 2024)
15 slides from Asiamet Resources's shareholder meeting presentation, Jun 26, 2024
Slide 1: Copper to Power the Global Energy Transition
AIM : ARS COPPER TO POWER THE GLOBAL ENERGY TRANSITION BUILD READY PROJECT, EXCITING GROWTH PIPELINE Perfectly timed to meet rising demand ARS AGM – 26 June 2024
Slide 2: Forward Looking Statement
FORWARD LOOKING STATEMENT The information contained in this confidential document (the “Presentation”) has been This presentation contains “forward-looking statements” including but not limited prepared by Asiamet Resources Limited (the “Company” or "Asiamet") solely for to, statements with respect
Slide 3: Company Overview
COMPANY OVERVIEW Quality assets with the right metals at the right time HIGH QUALITY COMPELLING VALUE PROVEN TEAM PORTFOLIO BIG GROWTH Rare portfolio of base and JORC (2012) Resources Internationally recognised precious metal projects with contain 2.9Mt Cu, 2.1Moz team with proven track district sca
Slide 4: Corporate Profile
CORPORATE PROFILE Energy transition metals SHARE PRICE MARKET CASH CAPITALISATION Clear path to production £23.3m US$4.14m Indonesian economy 0.90p $29.5m Million booming Based in Indonesia Share price 21/06/24 2,187.1 million shares on issue No Corporate Debt Leadership invested Cash as @ 31 Dec 20
Slide 5: Corporate Profile
CORPORATE PROFILE ARS 12-MONTH SHARE PRICE PERFORMANCE: 52 Week Hi – 1.60p; 52 Week Lo – 0.58p ARS holds large copper resource inventory and has a clear path to production Believe valuation gap exists - strong copper market but very challenging for juniors globally Source; Lion Selection Group Lion
Slide 6: Copper in the Global Context
COPPER IN THE GLOBAL CONTEXT Growing mismatch between supply and demand Twice the amount of copper must be mined in next 30 years as has been mined in all of human history. New mines must be incentivized! Source; Resource Capital Funds Looming Copper Supply Shortage April 2024. Source; Energy Minute
Slide 7: Projects Overview
PROJECTS OVERVIEW Beutong IUP (80%) 20yr + 2*10yr Extensions KSK Contract of Work Resources (JORC 2012) (100%) Copper – 2.4Mt (100%) 30yr + 2*10yr Extensions Gold – 2.11M Oz (100%) Resources (JORC 2012) Silver – 20.9M Oz (100%) Copper – 473kt Zinc – 101kt Large Porphyry Cu-Au- Lead – 40kt Mo Deposit
Slide 8: Achievements
ACHIEVEMENTS 2023 Completed ITE Review of BKM Copper Project Feasibility Study Update Completed project review and detailed financial modelling with potential Lead Bank DOID private placement November US$4M, increasing shareholding to 34.5% Initial assessment of BKM Project optimisation opportunitie
Slide 9: BKM Project Optimisation
BKM PROJECT OPTIMISATION Why Optimise / Why Now? Optimising project post FS through FEED process is standard industry practice. Driven by opportunity to lower Pre-Production Capex Similar to 2023 FS design – re-positioning the Heap Leach facility (HLF) enabled improved leach pad design - presented t
Slide 10: Asiamet Project Pipeline
ASIAMET PROJECT PIPELINE EXPLORATION MINERAL RESOURCE ORE RESERVE OPERATIONS 101kt Zn, 40kt Pb, 3.3Moz Ag, 22k Oz Au, 21kt Cu BKZ BERUANG EXPL BKZ TENGAH TARGET 297M lb Cu GOLD RIDGE BKS BKM BKM HEAP LEACH 996M lb Cu BAROI CENTRAL BKW 339M lb Cu BAROI FAR EAST ZONE RINJEN / FOCUS 1 BEUTONG 5.3B lb C
Slide 11: BKM Project Future Milestones and Longer-Term Catalysts
BKM PROJECT FUTURE MILESTONES Optimization Lender Credit Earthworks Power Supply Project Early Works Engineering Approval and Mining Contract Financing Commence Complete Contract Complete Front End Final ITE sign-off Sign agreement Complete Power Debt Finance in Detailed Engineering for project lend
Slide 12: ESG Programs
ESG PROGRAMS LONG TERM COMMITMENT – STRONG COMMUNITY SUPPORT ESG initiatives primarily focussed on social engagement in the BKM project area Community development foundation Yayasan Tambuhak Sinta (YTS) implements Asiamet social engagement programmes. Local subsidiary KSK partnered with YTS for over
Slide 13: ESG Programs
ESG PROGRAMS LONG TERM COMMITMENT – STRONG COMMUNITY SUPPORT 13
Slide 14: Why Invest in ARS?
WHY INVEST IN ARS? QUALITY ASSETS & TEAM DEEP VALUE Sustained strong copper demand driven by Asian economic growth, renewable energy infrastructure and EVs Focussed team with a proven track record - Copper Supply is constrained due to a lack of exploration Indonesia, discovery, mine discovery and in
Slide 15: Contact Information
CONTACT AIM | ARS Darryn McClelland INFORMATION Chief Executive Officer E: darryn.mcclelland@asiametresources.com W: www.asiametresources.com 15