Jameson Resources Limited · ASX:JAL
Jameson Resources — Investor Presentation (November 2016)
22 slides from Jameson Resources's investor presentation, Nov 7, 2016
Slide 1: Investor Presentation November 2016
For personal use only INVESTOR PRESENTATION November 2016 Jameson Resources Limited
Slide 2: Topics
Topics For personal use only • Investment Highlights • Financials • Management team • Crown Mountain Coking Coal Project • Introduction • Brief review of the 2014 Prefeasibility Study (PFS) • Current market and its effect on the PFS • PFS update • Environmental Assessment (EA) status • Conclusion •
Slide 3: Jameson Resources – Investment Highlights
Jameson Resources – Investment Highlights For personal use only POSITIONED IN WORLD CLASS Jameson is a pure coking coal Company with its flagship project, Crown Mountain, METALLURGICAL FIELDS located within Canada’s prolific Elk Valley coal field. Crown Mountain is proximal to a road network and an
Slide 4: Financial Snapshot
Financial Snapshot Share Capital Price Volume Chart For personal use only Share Price (November 4, 2016) A$0.087 Shares Outstanding 223m Market Capitalisation A$19m Trading Range (6 month) A$0.03 to A$0.09 Cash Reserves Cash on Hand A$2.5m Options and Exchangeable Shares Options (A$0.105 exercise pr
Slide 5: Highly Experienced Management Team
Highly Experienced Management Team only use CANADA Art Palm – Chief Executive Officer and Chairman • Mining engineer with 40 years of experience • Engineering, Operations & Executive positions at major US coal producers • Extensive experience designing and managing mines (surface and underground) an
Slide 6: Flagship Canadian Coking Coal Asset
Crown Mountain – Flagship Canadian Coking Coal Asset For personal use only • The Crown Mountain Coking Coal Project is located in southeast British Columbia • The high quality nature of the North and East Block coking coal is comparable to the best Hard Coking Coal produced in British Columbia (see
Slide 7: Resources and Reserves
Crown Mountain - Resources and Reserves For personal use only • The 2014 PFS determined a total RESOURCE AREA Measured Indicated Measured & Inferred Measured, reserve base at Crown Mountain of (Mt) (Mt) Indicated (Mt) Indicated & 56 million tonnes. (Mt) Inferred (Mt) • Confidence in the geologic Nor
Slide 8: Project Facilities
For personal use only PROJECT FACILITIES 8
Slide 9: 2014 PFS – Mining options and outcomes
Crown Mountain 2014 PFS – Mining options and outcomes • The Crown Mountain PFS was executed by Norwest Corporation For personal use only of Calgary, Alberta, Canada and focused only on the Measured and Indicated resources identified by Norwest. 2014 PFS Parameter (All Scenarios) Unit Value • The PFS
Slide 10: 2014 PFS – Subsequent CAD:USD devaluation
Crown Mountain 2014 PFS – Subsequent CAD:USD devaluation provides potentially large operating cost savings For personal use only • A significant devaluation of the CAD:USD has occurred since the completion of the 2014 PFS leading to potentially large operating cost savings under all scenario’s consi
Slide 11: 2014 PFS – CAD:USD devaluation impact on met coal pricing requirements
Crown Mountain 2014 PFS – Subsequent CAD:USD devaluation impact on met coal pricing requirements For personal use only 2014 PFS 2014 PFS Assumed Coal Prices Assumed Coal Prices Update (CAD:USD 0.92) (CAD:USD 0.76) Current Benchmark Year 5 Year 5 Pricing (FOB Australia) Year 1-4 onwards Year 1-4 onwa
Slide 12: PFS Update Items
Crown Mountain – PFS Update Items • Jameson’s Crown Mountain project is one of the most advanced For personal use only development assets in the region, with a PFS completed in August 2014 and now nearing completion of the formal pre-application phase of the Environmental Assessment process. The pro
Slide 13: Environmental Studies
Environmental Studies • In addition to having successfully the completed the PFS in 2014, the For personal use only company has been progressing the pre-application stage of environmental permitting process over the past two years while the met coal market has been in a downturn. • Extensive environ
Slide 14: EA Progress To-Date and Timing
EA Progress To-Date and Timing • The company has continued to progress the pre-application stage of the For personal use only EA process, with the Application Information Requirements (‘AIR’) expected to be completed and accepted in Q4-16. • This is a significant milestone for the company as the AIR
Slide 15: Update: Conservation of Cash
UPDATE: Conservation of Cash: For personal use only • The Board continues with 3 Directors: One Executive (also Acting Chairman) and 2 Non-Executive. No other employees. • All Directors have taken, and continue to take, voluntary pay cuts. • Travel is confined primarily to Crown Mountain AIR activit
Slide 16: Disclaimer
Disclaimer For personal use only This document has been prepared as a summary only, and does not contain all information about the Jameson Resources Limited’s (the “Company”) assets and liabilities, financial position and performance, profits and losses, prospects and the rights and liabilities atta
Slide 17: Competent Persons Statements
Competent Persons Statements For personal use only Competent Person Statements Mineral Reserves and Pre Feasibility Study Results The information in this presentation relating to the Mineral Reserve Estimate and Pre Feasibility Study Results of the Company’s Crown Mountain Coal Project are extracted
Slide 18: Appendices
For personal use only Appendices 18
Slide 19: Coal Quality
Crown Mountain - Coal Quality For personal use only Crown Mountain Coking Coal1 Canadian Canadian Central NEBC SEBC North and South Alberta2 HCC2 HCC2 East Blocks Block Total Moisture (% as received) 8-9 8-9 8-9 8-9 8-9 Volatile Matter (% dry) 20.5 18 23 - 24.5 21 - 27 17 - 27 Ash Content (% dry) 9
Slide 20: North Block Geology
Crown Mountain - North Block Geology For personal use only 20
Slide 21: South Block Geology
Crown Mountain - South Block Geology For personal use only 21
Slide 22: Exploration
Crown Mountain - Exploration For personal use only 22
Jameson Resources — Investor Presentation (November 2016) on 6ix