Ordell Minerals Ltd · ASX:ORD
Ordell Minerals — IPO Roadshow (May 2024)
17 slides from Ordell Minerals's IPO roadshow presentation, May 2024
Slide 1: Initial Public Offer May 2024
Initial Public Offer May 2024 o New gold IPO – up to $6M at $0.20 per share o Advanced exploration, Tier-1 locations o The founding Genesis Minerals team returns Proposed ASX Ticker: ORD
Slide 2: Disclaimer
Disclaimer Ordell Minerals Limited (the Company) is the issuer of this presentation. This presentation is intended only for the person Disclaimer or entity to which it has been transmitted. No representation or warranty, express or implied, is made by the Company that the material contained in this
Slide 3: Investment Summary
Investment Summary BARIMAIA JV PROJECT 1 • Advanced gold exploration asset with significant historical drilling results and excellent resource potential GOODIA PROJECT 2 • Early-stage lithium exploration in a strategic location (close to Develop’s Dome North Project, Mineral Resource’s Mt Marion and
Slide 4: IPO Investment Opportunity
IPO Investment Opportunity For an Initial Public Offer of up to 25,000,000 Shares at an issue price of $0.20 per Share to raise KEY STATISTICS OF THE OFFER up to $5,000,000 (Offer). Oversubscriptions of up to a further 5,000,000 Shares at an issue price of $0.20 per Share to raise up to a further $1
Slide 5: Board & Management
Board & Management TOMMY MCKEITH MICHAEL FOWLER DARREN GORDON GRAEME SMITH Non-Executive Chair Managing Director Non-Executive Director Company Secretary • +30 years’ experience in • +30 years’ experience in • Chartered Accountant • Experienced resources the mining industry, highly the mining indust
Slide 6: Barimaia JV – Key Highlights
Barimaia JV – Key Highlights An advanced exploration asset in a premier location • Advanced exploration asset located near hungry mills: Adjacent to Ramelius’ Mt Magnet mill 70km to Spartan’s Dalgaranga mill 80km to Westgold’s Tuckabianna mill • Extensive gold system with significant historic
Slide 7: Barimaia JV – Work Program
Barimaia JV – Work Program Barimaia Exploration Proposed Barimaia Drill Program • Similar geology (felsic intrusion host rocks) to Ramelius’ Eridanus +1Moz deposit Eridanus Deposit1 - 21Mt @ 1.7g/t Au (1,200,000 oz) plus over 300,000 ounces mined from open pit • Next stage – “find an Eridanus” by
Slide 8: Goodia – Key Highlights
Goodia – Key Highlights Goodia Exploration Potential Kalgoorlie - Norseman Lithium District • Early-stage exploration in attractive lithium region: ~50km south of Develop’s (ASX:DVP) Dome North Lithium Deposit Development studies progressing with recent release of updated Scoping Study1 ~150km
Slide 9: Fisher South – Key Highlights
Fisher South – Key Highlights Fisher South Exploration Potential Northeastern Goldfields • 400km north of Kalgoorlie in NE Goldfields • Strategic location 40km along strike from Emerald Resources’ North Laverton Gold Project • Early-stage exploration project • Highly prospective for gold, nickel and
Slide 10: Focus – Next 12 Months
Focus – Next 12 Months 2024 2025 Q2 Q3 Q4 Q1 Q2 ASX Listing Barimaia JV Project (Au) Initial In-fill and Extensional RC Follow up In-fill and Extensional RC, DDH and AC Drilling Goodia Project (Li, Au) Heritage surveys, first pass exploration and target definition for drilling Fisher South (Au, Ni)
Slide 11: Use of Funds & Key Shareholders
Use of Funds & Key Shareholders Use of Funds (First Two Years) The Company intends to apply funds raised from the Offer, together with existing cash reserves Board and Management post-Admission, over the first two years following Admission as follows. Minimum Subscription Maximum Subscription % of S
Slide 12: Key Takeaways
Key Takeaways • Tight capital structure post IPO with <$4m EV and significant OUR PURPOSE leverage to exploration success To build a Strategic Metals business through sustained exploration success • Board has significant track record of value-creation that will create long term value for our • Targe
Slide 13: Corporate Directory
Corporate Directory Lead Manager & Financial Advisor Ordell Minerals Limited Argonaut Directors W: www.argonaut.com Tommy McKeith – Non-Executive Director E: clientservices@argonaut.com Michael Fowler – Managing Director T: +61 8 9224 6888 Darren Gordon – Non-Executive Director Graeme Smith – Compan
Slide 14: Appendix 1: Detailed Project Data
Appendix 1: Detailed Project Data Table 1: Mineral Resources of Lithium Deposits in the Kalgoorlie to Norseman District. Mineral Resources Measured and Indicated Inferred Total Deposit Contained Li2O Tonnes (Mt) Grade Li2O% Contained Li2O (t) Tonnes (Mt) Grade Li2O% Tonnes (Mt) Grade Li2O% Contained
Slide 15: Appendix 2: Summary of Key Risks
Appendix 2: Summary of Key Risks This section identifies the areas that the directors regard as the major risks associated with an investment in the Company. Investors should be aware that an investment in the Company involves many risks, many of which are outside of the control of the Company and i
Slide 16: Appendix 3: International Offer Restrictions
Appendix 3: International Offer Restrictions The Prospectus does not constitute an offer of Shares in any jurisdiction in which it would be unlawful. In United Kingdom particular, the Prospectus may not be distributed to any person, and the Shares may not be offered or sold, in any country outside A
Slide 17: Appendix 3: International Offer Restrictions (cntd.)
Appendix 3: International Offer Restrictions (cntd.) Canada (Alberta, British Columbia, Nova Scotia and Ontario) New Zealand The Prospectus constitutes an offering of Shares only in the Provinces of Alberta, British Columbia, The offer to New Zealand investors is a regulated offer made under Austral