Parkway Corporate Limited · ASX:PWN
Parkway Corporate — Parkway Minerals — Shareholder Meeting (November 2017)
20 slides from Parkway Corporate's shareholder meeting presentation, Nov 30, 2017
Slide 1: Parkway Minerals AGM Presentation
PARKWAY MINERALS For personal use only AGM PRESENTATION 30 November 2017
Slide 2: Disclaimer
Disclaimer For personal use only This presentation is for information purposes only. Neither this presentation nor the information contained in it constitute an offer, invitation, solicitation or recommendation in relation to the purchase or sale of shares in any jurisdiction. This presentation may
Slide 3: Corporate Snapshot
Corporate Snapshot For personal use only ASX CODE PWN Board of directors • Adrian Griffin – chairman: SHARE PRICE – 27 Nov. 2017 A$0.012 mine production and corporate management. • Patrick McManus – managing director: industrial minerals specialist; project development MARKET CAP. (at 1.2 c) A$6.0 M
Slide 4: Current Assets
CurrentAssets Current Assets For personal use only Subsidiary:East Exploration Holdings: • 19.25 Million shares of Davenport Resource (ASX: DAV), 25 Nov ‘17 value $1.6m @ 8c • Performance shares on milestones, Subsidiary: Dandaragan Trough Holdings PL: • potash, phosphate and by-products rights in E
Slide 5: Global Outlook for Fertiliser
Global Outlook for Fertiliser For personal use only Population (Billions) LHS Arable Land per person (hectares) RHS 10 0.45 Food demand predicted to 9 0.4 double by 2050, due to: 8 0.35 7 0.3 • population growth Population (B) Arable land 6 5 0.25 • diminished arable land 0.2 4 0.15 • dietary change
Slide 6: The Fertiliser Business
The Fertiliser Business For personal use only • Three fertiliser bulk components: – N (nitrogen) promotes green growth – P (phosphorous) promotes plant yield potential – K (potassium) enables plant uptake of nutrients from soil and air. • Three minor components: Ca, S and Mg. • Most soils deficient
Slide 7: Lake Barlee
Lake Barlee For personal use only • Large landholding • +1,800 km2 • Covers majority of Lake Barlee • Field work completed in April, surface brine samples high in potassium • Next steps: • Drilling on identified palaeochannel Investor Presentation 7
Slide 8: Deep Palaeochannel
Deep Palaeochannel For personal use only • Indicated depths up to 160m • Over 30 km of valley • Next steps: • drilling by January 2018 8 Investor Presentation
Slide 9: Dandaragan Project Location
Dandaragan Project Location For personal use only • >2,000 km2 of prospective area: – ~150 km of strike – +20 km width – many intersections +40 m. • Great infrastructure: – Rail, roads, towns, power, gas and water all close by – Two major export ports and fertiliser plants at Geraldton and Kwinana,
Slide 10: Exploration
Exploration For personal use only • Focus on northern area – 432 holes drilled, 1182 m on Dinner Hill. • Numerous intersections of high grades near surface. • Dinner Hill, first resource, phosphate closer to surface. • Indicated Resource – 630 Mt @ 4.4% K2O and 1.9% P2O5, within 40 km2 of prospectiv
Slide 11: Dambadjie Prospect Drill Samples
Dambadjie Prospect Drill Samples For personal use only Investor Presentation 11
Slide 12: Phosphate Scoping Study
Phosphate Scoping Study For personal use only • Mining rate – 4 Mtpa • One product – 400,000 tpa single superphosphate • 100 tpa consumed locally – balance exported to SE Asia. • Contract mining delivers ore to beneficiation plant – reduces capital and risk. • Scoping Study released: 30 September 20
Slide 13: Potash Project
Potash Project For personal use only • Stage 2 for Dinner Hill – timing flexible. • Use of new technology – K-Max. • Suite of products – SOP, high-magnesium SOP (‘KMS’), aluminium phosphate, phosphoric acid. • Robust project – higher capital but stronger EBITDA (ASX release Jan 13 2015). • Revenue m
Slide 14: Davenport Resources
DAVENPORT RESOURCES For personal use only • PWN owns 26% of Davenport Resources (ASX DAV) which owns exploration and mining licences in central Germany. • Plus performance rights on project milestones • Close to existing producers. • 450 km2 with extensive drilling database. Just announced purchasin
Slide 15: High Quality Historic Resources
HIGH QUALITY HISTORIC RESOURCES For personal use only PAGE 15 Evaluation of data progressing with the two areas -Ebeleben and Mühlhausen Sub-area - completed Ebeleben has Sylvinite extending south- east from the now closed Volkenroda mine Mühlhausen Sub-area contains mixed salts (Hartsalz) ext
Slide 16: Comparative Analysis
COMPARATIVE ANALYSIS Sirius Highfield Kore For personal use only Company Davenport Danakali Minerals Resources Potash PAGE 16 Ticker DAV.AU DNK.AU SXX.LN HFR.AU K2P.AU Mkt Cap (US$ millions) $5.70 $140 $1,585 $261 $105 Cash (US$ millions) # $2.80 $8.00 $764.00 $54.00 $36.00 Debt (US$ millions) $1.3m
Slide 17: Market Cap, A$M
Market Cap, A$M For personal use only 140 120 $2,003 100 $344 80 60 40 20 0 (As at Nov 2017) Investor Presentation 17
Slide 18: Value Proposition
Value Proposition For personal use only • Proximity to the most rapidly • Davenport Shareholding upside: expanding fertiliser markets. – long production history – extensive database available • Lake Barlee – quality partners. – Salt Lake potash potential • Technology-driven opportunity: – applicatio
Slide 19: Timeline
Timeline For personal use only Activity Approx Date Lake Barlee Geophysics and surface sampling Completed Drilling Dec - Jan Dandaragan Trough Drilling Jan -Mar Reports from Davenport on BVVG Ongoing from mid-Nov ground Investor Presentation 19
Slide 20: For personal use only
PO Box 1088 West Perth WA 6872 Phone +61 (0) 8 9479 5386 For personal use only Fax +61 (0) 8 9475 0847 www.parkwayminerals.com..au Patrick McManus Adrian Griffin Peter Nesveda Managing Director Chairman Investor Relations +61 (0) 408 956 798 +61 (0) 418 927 658 +61 (0) 412 357 375 patrick.mcmanus@pa
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