Lunnon Metals Limited · ASX:LM8
Lunnon Metals — Shareholder Meeting (November 2024)
14 slides from Lunnon Metals's shareholder meeting presentation, Nov 7, 2024
Slide 1: 2024 AGM: Chairman's Address and Managing Director's Presentation
7 November 2024 2024 AGM: Chairman’s Address and Managing Director’s Presentation For personal use only In accordance with Listing Rule 3.13.3, attached are: (a) a copy of the address to be given by the Chairman at Lunnon Metals Limited’s (ASX:LM8) Annual General Meeting (AGM) at 2.00pm (Perth time)
Slide 2: Chairman's Address
Chairman’s Address Annual General Meeting of Shareholders Held at The Park Business Centre 45 Ventnor Avenue, West Perth WA Thursday, 7 November 2024 commencing at 2.00pm (Perth time) Ladies and Gentlemen, it now being 2:00pm, I call this Annual General Meeting of Lunnon Metals Limited to order. I a
Slide 3: Chairman's Address: FY2024 achievements and outlook
With all nickel related surface drilling already completed at Foster and Baker, the Board agreed to curtail any further nickel exploration at Silver Lake-Fisher for the foreseeable future and committed to low-cost, near surface gold exploration near Foster. Early results from the new gold exploratio
Slide 4: Managing Director's Presentation
MANAGING DIRECTOR’S PRESENTATION For personal use only FOLLOWING ANNUAL GENERAL MEETING 7 NOVEMBER 2024 WEST PERTH
Slide 5: Important Notice & Disclaimer
Important Notice & Disclaimer This Presentation has been prepared by employees of Lunnon Metals Ltd (“Lunnon”, “LM8” or “the Company”) on its behalf and is a summary only, and contains summary information about Lunnon and its activities, which is current as at the date of this Presentation (unless o
Slide 6: FY2024 Achievements
FY2024 Achievements For personal use only 1 Figures shown are for FY2024 and were as at 30/06/2024. See 2024 Annual Report lodged 16/09/2024 1 See the Mineral Resource and Ore Reserve Statements on slide 10 for a breakdown by resource classification and deposit 2 As at 30/06/2024 and Excluded Restri
Slide 7: FY2023 – 2024
FY2023 – 2024 For personal use only July 2023 – Feb 2024 - A year of “two halves” Share price highs despite looming bad nickel sector news Successful Diggers ‘23 followed by $18.5m equity raise* Storm clouds for nickel building January-February – capitulation News that Wyloo’s mines & BH
Slide 8: FY2023 – 2024 (& beyond)
FY2023 – 2024 (& beyond) For personal use only March 2024 - present Cost cutting 50% reduction at site staff* Nickel drilling already complete First steps in gold program Success at Lady Herial Scale emerging Comparison with Beta/Hunt opportunity^ *See activities detailed in March 2024
Slide 9: Exciting future for gold & a de-risked nickel portfolio
Exciting future for gold & a de-risked nickel portfolio For personal use only GOLD NICKEL Emerging & exciting opportunity Baker & Foster South Mineral Resource Estimates both grow by No previous focused gold effort in ~10% Nickel Metal** Foster belt Mineral Resource Estimate grown Lady Her
Slide 10: Lady Herial
FY2023 – 2024 For personal use only LADY HERIAL Pan concentrate containing visible gold derived from drill spoil at FOS24RC_056 Grab sample images and results: see ASX announcement dated 17/10/2024 from the drilled metre which assayed 1m @ 350g/t Au (from 20m) See ASX announcement dated 10/10/2024.
Slide 11: FY2025 and beyond
FY2025 and beyond My thanks… For personal use only • To the site team, smaller, no less efficient, & still enthusiastic believers • To my team…especially • Aaron and Nicole – executed the re-focus on gold whilst professionally managing the cost reduction exercise • Hayden, we wish you all the best…
Slide 12: Thank you
For personal use only Thank you
Slide 13: Mineral Resources and Ore Reserves Reporting
Mineral Resources and Ore Reserves Reporting This presentation contains references to Lunnon Metals’ Ore Reserves and Mineral Resources, which are shown in a detailed bre akdown below. Mineral Resources ^ * as at 30 June 2024 The Company confirms that all material assumptions For personal use only a
Slide 14: Important Notice - Competent Persons Statement
Important Notice - Competent Persons Statement Any information in this announcement that relates to nickel and gold geology, nickel Mineral Resources, Exploration Targets, Exploration Results and the Company’s Historical Core Program, which includes the accessing, re-processing, relogging, cutting a