Energy Metals Ltd · ASX:EME
Energy Metals — Shareholder Meeting (May 2024)
15 slides from Energy Metals's shareholder meeting presentation, May 28, 2024
Slide 1: Annual General Meeting 2024
For personal use only Annual General Meeting 2024 Shubiao TAO Managing Director
Slide 2: Disclaimer
Disclaimer This presentation has been prepared by Energy Metals Limited (“Energy Metals or EME”). The information contained in this presentation is a professional opinion only and is given in good faith. For personal use only Certain information in this presentation has been derived from third parti
Slide 3: Brief Introduction of Energy Metals Limited: The Projects
Brief Introduction of Energy Metals Limited The Projects of Energy Metals Limited For personal use only
Slide 4: Brief Introduction of Energy Metals Limited
Brief Introduction of Energy Metals Limited Issues shares & cash on hand Directors & Management Shares on Issue 209.7m • Mr Deqiang Tian (Non-Executive Chairman) For personal use only Shareholders* 697 • Mr Shubiao Tao (Managing Director) Cash & Bank (31 Dec 2023) $13.19m • Mr Lindsay Dudfield (Non-
Slide 5: EME Share Price vs U3O8 Price Since 2010
EME Share Price vs U3O8 Price Since 2010 EME Share Uranium Price Price Au$ US$/lb U3O8 For personal use only Japanese Current EME Share Price $0.086 Tsunami Current Spot Price $88.00 Long Term Uranium Price $75.00
Slide 6: Uranium Exploration Investments remain at low levels
Uranium Exploration Investments remain at low levels Trends in Global Exploration and Australia Uranium Exploration Expenditure Development Expenditures AUD Millions For personal use only 80.0 12.00% 70.0 10.00% 60.0 8.00% 50.0 40.0 6.00% 30.0 4.00% 20.0 2.00% 10.0 0.0 0.00% Mar-90 Mar-93 Mar-96 Mar
Slide 7: Uranium Market Review: Recent World Uranium Production
Uranium Market Review Recent World Uranium Production For personal use only Source: Nuclear Energy Agency
Slide 8: Uranium Market Review: Demand for Uranium is expected to surge
Uranium Market Review Demand for Uranium is expected to surge According to IAEA in September 2023: • Total electrical generating capacity is expected to increase by about 22% by 2030 and then For personal use only double by 2050 • Two out of every three nuclear power reactors have been in operation
Slide 9: Northern Territory projects
For personal use only Northern Territory projects
Slide 10: Northern Territory Projects: Bigrlyi JV
Northern Territory Projects: Bigrlyi JV Bigrlyi Joint Venture (EME 72.39%, NTU 20.82% and Noble 6.79%) • Bigrlyi is EME’s flagship project For personal use only • A sandstone-hosted Uranium-Vanadium Deposit • Well positioned to take advantage of recent positive sentiment in the uranium market • Vari
Slide 11: Bigrlyi Project: Potential for Resource Expansion
Bigrlyi Project: Potential for Resource Expansion Past work has shown that the economics of the Bigrlyi project can be significantly improved by an increase in the resource base, an increase in feed grade to the plant , and removal of acid- For personal use only consuming gangue. A review of the pot
Slide 12: Ngalia Regional Projects
Ngalia Regional Projects Ngalia Regional Project (EME 100%) • Work programs in 2023 focused on regolith- For personal use only hosted uranium exploration at Dingo’s Rest on EL30144, and regolith-hosted rare earth element (REE) exploration at the Crystal Creek prospect on EL30004. • Dingo’s Rest Sout
Slide 13: Plans for 2024
Plans for 2024 For personal use only Northern Territory Projects: • Active exploration activities: Main focus is resource expansion drilling program at Bigrlyi Drilling is expected to commence in July and continue through Q3 Approximately 12,000m of RC and 3,500m of diamond drilling expected Drillin
Slide 14: For more information
ASX:EME For personal use only For more information: Phone: +61 8 9322 6904 Email: enquiry@energymetals.net Web: www.energymetals.net
Slide 15: Competent Persons' Statement
Competent Persons’ Statement For personal use only The information in this report relating to mineral resource estimates for the Bigrlyi Deposit is based on information compiled by Arnold van der Heyden BSc, who is a Member of The Australasian Institute of Mining and Metallurgy (MAusIMM). Mr van der