Lake Resources N.l. · ASX:LKE
Lake Resources N.l — Bell Potter Emerging Leaders Conference 2022
22 slides from Lake Resources N.l's conference presentation, Sep 7, 2022
Slide 1: Bell Potter Emerging Leaders Conference 2022
7 September 2022 ASX:LKE | FRA:LK1 | OTC:LLKKF Bell Potter Emerging Leaders Conference 2022 Stu Crow - Chairman, Lake Resources
Slide 2: Disclaimer
Disclaimer General Statement and Cautionary Statement necessarily based upon a number of estimates and assumptions that, while considered reasonable by Lake Resources N.L. are inherently subject to significant technical, business, economic, competitive, political and This presentation has been prepa
Slide 3: Five lithium projects in the heart of the Lithium Triangle
Five lithium projects in the heart of the Lithium Triangle. CAUCHARI, OLAROZ & PASO Large leaseholding 2,200km2 (550,000 acres) World’s five largest producers all have equity in operations in the Lithium Triangle. KACHI (FLAGSHIP) ASX: LKE OTC: LLKKF SLIDE /3 3
Slide 4: Transitioning to a new stage of development
Transitioning to a new stage of development 01 02 03 04 Appointing new CEO, Commencing Drilling underway at Brines being tested directors demonstration plant Olaroz, Paso and with variety of testwork at Kachi Cauchari projects extraction providers Corporate development officer recruited to fast trac
Slide 5: Kachi Project: Clear production pathway
Kachi Project Clear production pathway 5
Slide 6: Kachi Project Plant design
Kachi Project Plant design One building with Ion Exchange Modules 6 replaces 30km2 of evaporation ponds Warehouse, reagents Chlor Alkali Plant Bagging Plant and storage Impurity Removal and water treatment Direct Extraction (Lilac IX Plant) F E A D C G B Lithium Production Eluate Concentration ASX:
Slide 7: Offtake talks well advanced
Offtake talks well advanced Non-binding MOU signed Active offtake Non-binding MOU with Ford Motor Co discussions underway with Japanese with other parties trading house Hanwa; considering equity investment in Lake 7
Slide 8: Lilac Ion Exchange: Cleaner lithium extraction
Lilac Ion Exchange Cleaner lithium extraction Faster, cheaper, scalable, higher recovery, sustainable Brine in LiCl out Proven in pilot plant – extensive test work 8
Slide 9: Lilac Ion Exchange Demonstration plant
Lilac Ion Exchange Demonstration plant First samples anticipated late Q4, 2022 Plant to produce high purity product on-site 120,000 litres of concentrate to be produced and converted into high-purity lithium carbonate, Q4 2022 9
Slide 10: Kachi PFS metrics
Kachi PFS metrics Results for 25,500tpa @ US$15,500/t Mineral Resource* Post-tax NPV8 Annual EBITDA IRR post-tax Annual production Li2CO3 (Indicated) 1.01Mt US$1,580m** US$260m 35% 25,500tpa CAPEX Cash cost Annual operating costs Project Finance US$544m US$4,178/t US$107m 70% debt## Note: Results ba
Slide 11: Kachi Project Financial support
Kachi Project Financial support Project Finance Interest Rates Debt Duration UK Export Finance & Canada EDC provided Expression of Interest to support ~70% debt## ~4.25%## 10-11 years* ~70% of the total finance required • Subject to standard project finance terms, CAPEX including DFS, ESIA and offta
Slide 12: Kachi Project Production timeline
Kachi Project Production timeline Q3 2022 Q3/Q4 2022 2022/23 2023/24 Demonstration DFS Financing Construction / Plant ESIA Production Definitive Feasibility Biweekly meetings with Long lead item strategy Commissioning on track Study to 50,000tpa LCE banking syndicate and implemented to avoid supply
Slide 13: Cauchari, Olaroz, Paso projects
Cauchari, Olaroz, Paso projects Target 100tpa lithium by 2030 Corporate development officer appointed to oversee Brine testwork underway with variety of extraction aggressive development strategy providers on different brines and processes; alternative extraction processor has returned high-purity p
Slide 14: Corporate snapshot
Corporate snapshot Share price Cash Share price performance YTD A$1.06 2 September 2022 A$175m 30 June 2022 A$ 52 week high A$2.65, low A$0.482 2.50 Shares on issue Unlisted Options 1.39bn 2.00 28,522,401 (various prices) 1.50 Market capitalisation 1.06 A$1.57b 0.50| | Jan 2022 | April | July | Debt
Slide 15: Appendix
Appendix 15
Slide 16: Board
Board Resources and Argentina experience TBA Stu Crow Dr Nicholas Lindsay Dr Robert Trzebski Amalia Saenz Managing Director/CEO Chairman Non-Exec Exec Technical Director Non-Exec Director Non-Exec Director, Argentina More than 25 years of 30 years of experience in International mining executive; Exp
Slide 17: Leadership
Leadership On-site team in place ready for construction Gautam Parimoo Peter Neilsen Daniel Bonafede Sean Miller Chief Operating Officer Chief Financial Officer Exploration Manager Corporate Development Argentina Company Secretary Argentina Officer Successful project director. Chartered accountant >
Slide 18: Lilac partnership
Lilac partnership Lilac to Earn in to Kachi Project up to max 25% stake Lilac has major tech sector supporters – aligns via performance based milestones breakthrough climate tech with upstream ESG lithium • Initial 10% - Lilac funds completion of testing of its technology for the Kachi Project • Lil
Slide 19: Lilac investors
Lilac investors US$150m investment 19
Slide 20: Lilac Ion Exchange: Cleaner lithium extraction
Lilac Ion Exchange Cleaner lithium extraction Atacama Projects Brine evaporation (170km2) Kachi Project Lilac Ion Exchange 0.5km wide 15km wide Brine returned to source Source: SQM / ALB presentations Smaller environment footprint 2020; 170km2 for c.80,000 tpa Low Land use - Lower water use LCE. Lak
Slide 21: JORC Mineral Resource Kachi Project
JORC Mineral Resource Kachi Project Lithium carbonate equivalent Lake Lithium Carbonate High Purity (LCE) Indicated Inferred Total Resource 1.0Mt 3.4Mt 4.4Mt Source: LKE announcement 20/10/2020 KACHI LITHIUM BRINE PROJECT MINERAL RESOURCE ESTIMATE JORC Code 2012 Edition Indicated Inferred Area, km2
Slide 22: JORC Code 2012 Kachi Project
JORC Code 2012 Kachi Project 22
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