Pt Merdeka Copper Gold Tbk · IDX:MDKA
Pt Merdeka Copper Gold Tbk — Investor Presentation (February 2020)
16 slides from Pt Merdeka Copper Gold Tbk's investor presentation, February 2020
Slide 1: Indonesia’s World Class Copper Gold Champion
Indonesia’s World Class Copper Gold Champion February 2020 PT Merdeka Copper Gold Tbk. 1
Slide 2: Disclaimer
Disclaimer Forward Looking Statements This presentation has been prepared by Merdeka Copper Gold Tbk (“Merdeka”) and consists of written materials/slides for a presentation concerning Merdeka. By reviewing/attending this presentation, you agree to be bound by the following considerations: No represe
Slide 3: Indonesia - right geological address for copper and gold
Indonesia - right geological address for copper and gold Big profits have / are being made Toka Tindung Gosowong Grasberg (Freeport) Resource 4.0 m Au In production since 1998 – Resource 34.2 mt Cu, 91.4 m Au Annual Production 132 k Au 4.8 m oz Au Annual Production 550 k Cu, 2.7 m Au In production s
Slide 4: A better way to Invest in Indonesian
A better way to Invest in Indonesian With Strong and Reliable Indonesian Shareholders Existing Shareholding Structure Saratoga Investama Sedaya Garibaldi Thohir Valuation: US$10.0bn EV: US$3.0bn EV: US$4.0bn 22.92%(2) 22.75%(2) 8.95% 1 Track Record in Growing The shareholders collectively have rich
Slide 5: Growth delivery with sound financial position
Growth delivery with sound financial position Built on operational performance Corporate Structure Hedging Ticker MDKA.IJ Gold Hedge 2020 78,506 oz at US$ 1,411 / oz Shares Outstanding 21,897 m 2019 Nil Share Price(1) IDR 1,170 Copper Hedge Market Capitalization US$ 1.88 b 2020 Nil Cash & Cash Equiv
Slide 6: Operating Assets - Tujuh Bukit Oxide Project
Operating Assets Tujuh Bukit Oxide Project Production Information Mining Method Conventional Open Pit Metals Gold and Silver Mineralisation Type High Sulphidation Epithermal Process Method Oxide Heap Leach Plant Capacity - Crushing & Stacking Expanded to 22,500 t/day - HLP & ADR Max. 8.2 Mtpa Recove
Slide 7: Operating Assets - Wetar Project
Operating Assets Wetar Project Production Information Mining Method Conventional Open Pit Metals Copper Mineralisation Type Volcanogenic Massive Sulphide (“VMS”) Process Method Sulphide Heap Leach Plant Capacity - Crushing & Stacking 2.5 mt - SX / EW 25,000 tpa Recovery Expected - Kali Kuning 73% -
Slide 8: Pyrite Project
Pyrite Project • Recover spent ore from leach pads • Significant value in spent ore at • Direct ship pyrite from Lerokis and Partolang • Transport to waterside and load vessels Wetar (residual cu, pyrite, Au Merdeka Wetar and Ag). Resources being defined in H1 – targeting 20 m tonnes. •Vessels unloa
Slide 9: Increasing Wetar Mine Life
Increasing Wetar Mine Life Exploration model successful Kali Kuning pit finished in Q2 2019. Lerokis pit commenced Q2 2019 Significant resource defined at Partolang June 2019. Classification Tonnes Grade Cont. Metal (Mt) (Cu %) (Cu t) Partolang – Resource Measured - - - Definition Ongoing Indi
Slide 10: Tujuh Bukit Porphyry Project
Tujuh Bukit Porphyry Project PFS underway - mass underground mine development Oxide open pit mine 2017 to 2025 Upper High Grade Zone (UHGZ) Subset of Total Porphyry Underground Exploration Target 250-300 Mt @ 0.7-0.9 % Cu & 0.7- 0.9 g/t Au From 2025 for +20 years Total Porphyry Inferred Resources 1,
Slide 11: World Class Mineral Resource
World Class Mineral Resource Initial >20 years target Upper High Grade Zone PT Merdeka Copper Gold Tbk. 11 Source: Company Annual Reports and Industry Data
Slide 12: Tujuh Bukit Near Nine Exploration
Tujuh Bukit Near Nine Exploration Targeting open pit mineralisation to de-risk Porphyry Ramp Up Salakan Porphyry PT DSI IUP • Historical drilling including SDN- Exploration 12-01 : 604m @ 0.22 % Cu • Exploration to re-commence in 2020 Lompongan Porphyry Prospect • Cu-Au-Mo soil anomaly defined over
Slide 13: Pani
Pani Significant addition to growth pipeline • Joint venture with J resources to develop a combined project. Expect to close H1 - Merdeka’s economic share is 40% and controls the JV. • Expect greater resource to reserve conversion and better economics from combined project. 62,000 m N • Outcrops, th
Slide 14: Merdeka – Indonesia’s new World Class Mining Company
Merdeka – Indonesia’s new World Class Mining Company Delivering its strategy Actual Forecast 141 k oz Au 167 k oz Au 223 k oz Au 165-185 k oz Au 17 k t Cu 17 k t Cu 2015 2016 2017 2018 2019 2020 & 2021 Pyrite Feasibility • Pani JV with Drill Results from • Wetar J Resources Pani Acquisition • US$ 10
Slide 15: Additional Slides
Additional Slides PT Merdeka Copper Gold Tbk. 15
Slide 16: Background - Indonesian Morowali Industrial Park (IMIP)
Background - Indonesian Morowali Industrial Park (IMIP) World class facility • Site is world’s largest producer of Nickel Pig Iron, and largest stainless steel production facility. Low cash costs of production for SS with integrated iron and nickel production facilities. • 2,800 MW of coal fired pow
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