Astral Resources Nl · ASX:AAR
Astral Resources Nl — Anglo Australian Resources NL — Shareholder Meeting (November 2008)
9 slides from Astral Resources Nl's shareholder meeting presentation, Nov 25, 2008
Slide 1: 2008 AGM Presentation
For personal use only ANGLO AUSTRALIAN RESOURCES NL 2008 AGM Presentation November 2008 ANGLO AUSTRALIAN RESOURCES NL Disclaimer The material in this presentation (“material”) is not and does not constitute an offer, invitation or recommendation to subscribe for, or purchase any security in Anglo Au
Slide 2: Corporate Fact File
Corporate Fact File For personal use only ▲ASX Code: AAR ▲Listing: November 1986 ▲Issued Capital: 501m ▲Share Price: 1.2 -7c ▲Market Cap: $6.5 -35m ▲Top 20 Shareholders: 29.43% ▲Directors & Executive Shareholdings 11.4% ▲Cash at 30th September 2008 $5.6m ▲Directors – J Jones, C Fyson, D Clarke, A Pi
Slide 3: Koongie Pre-Feasibility Highlights
For personal use only 5 ANGLO AUSTRALIAN RESOURCES NL Koongie Pre- Feasibility Highlights ▲Focused on higher grade Sandiego transition and sulphide ore ▲30% of total project resources ▲Underground mining 0.5mt of copper and zinc ore for a mine life of 4 years ▲Conventional Treatment Plant involving
Slide 4: Koongie Process Flow Sheet
Koongie Process Flow Sheet For personal use only 7 ANGLO AUSTRALIAN RESOURCES NL Resource by Ore Type Koongie Project In Ground Value by Commodity and Ore Type at Nov 2008 Prices $140,000,000 Future Additions to financial model Current AAR financial modelling Extraction by Flotation $120,000,000 $10
Slide 5: Koongie Project Upside
Koongie Project Upside ▲Conservative approach to pre-feasibility For personal use only ▲Additional Resources can be added to Mine plan ▲High Grade Transition Copper resource at shallow depths –metallurgy required ▲Additional resources identified at Sandiego in current drilling program at depth and t
Slide 6: Zinc Supply – Demand Outlook
Zinc Supply – Demand Outlook For personal use only ▲Current production will meet demand for next 2-3 years ▲Goldman Sachs JB Were forecasts zinc to average only $0.63 a pound next year, citing a supply overhang in world markets ▲About half the world's zinc is being produced at a loss ▲Up to a half m
Slide 7: Koongie Exploration Update – Onedin / Atlantis
Koongie Exploration Update – Onedin / Atlantis For personal use only ▲Two new shallow copper intersections ▲ORC049 – 23m @ 1.8% Cu, 74g/t Ag ▲ORCD050 – 10m 1.5% Cu, 7.2%Zn ▲Two new intersections at depth –assays awaited ▲Alternate geological model to be developed ▲Resource recalculation later this y
Slide 8: Victoria River Downs - Base Metal Project
Victoria River Downs - Base Metal Project For personal use only ▲Victoria River Region ▲Proterozoic basin 1.6by, Same age as McArthur River and Mt Isa Basins ▲Over 10,000sq km ▲12 tenements ▲7 tenements granted (over 3000sq km) ▲Extensive Pb and Zinc stream sediment anomalies up to 9,000ppm Pb and 5
Slide 9: Thank You
For personal use only ANGLO AUSTRALIAN RESOURCES NL Thank You
Anglo Australian Resources NL — Shareholder Meeting (November 2008) on 6ix