Energy Metals Ltd · ASX:EME
Energy Metals — EME Uranium Conference Presentation (February 2011)
28 slides from Energy Metals's conference presentation, Feb 23, 2011
Slide 1: Energy Metals Limited - Paul Dunbar, Exploration Manager
For personal use only Paul Dunbar Exploration Manager ENERGY METALS LIMITED
Slide 2: Disclaimer
DISCLAIMER This presentation has been prepared by Energy Metals Limited (“Energy Metals or EME”). The information For personal use only contained in this presentation is a professional opinion only and is given in good faith. Certain information in this presentation has been derived from third parti
Slide 3: Current share price and uranium prices
Current EME Share Price $0.775 Current Spot Price $72.25/lb Long Term Price $70 – 73/lb For personal use only
Slide 4: China Nuclear Reactors
China Nuclear Reactors Supply 2% of China’s electricity For personal use only 13 Operating (>10GWe) 24 Under construction 39 Planned 120 Proposed Target increased to 80 GWe by 2020 Further increase to 200 GWe by 2030 By comparison France (78% Nuclear) has 58 reactors – total 63 GWe
Slide 5: CGNPC
CGNPC For personal use only (China Guangdong Nuclear Power Holding Co. Ltd) • Clean energy group (established 1994) • Total assets US$30B, Net Assets >US$9B • 5 operating nuclear power plants close to HK • 16 power plants under construction • >50 Planned or Proposed • One of only 2 Chinese companies
Slide 6: Installed and planned capacity
For personal use only 5,000 MWe installed capacity 33,380 MWe under construction/proposed
Slide 7: Ling Ao – January 2011
For personal use only Ling Ao – January 2011
Slide 8: CGNPC Proportional Takeover & Rights Issue; KangDe Placement
CGNPC For personal use only Proportional Takeover& Rights Issue • 8 Sept 2009 CGNPC offered $1.02 cash for 70% of shares (60% premium to 3 month VWAP) • CGNPC underwrote $12m Rights Issue (1:9 @ $0.90) • EME to be CGNPC’s platform for expansion in Australia KangDe Placement • 19.4m shares at $1.02 t
Slide 9: Capital Structure (current)
Capital Structure (current) For personal use only Shares on Issue 153.8m Options on Issue 0.15m Shareholders 1,020 Cash (31 Dec 2010) $ 29.87m CGNPC 93.1m shares 60.6% KangDe 19.5m shares 12.7% Jindalee 14.0m shares 9.1% Kale Capital 5.8m shares 3.8%
Slide 10: Highly Experienced Board
Highly Experienced Board For personal use only Mr Zuyuan He (Non Exec. Chairman) CGNPC Mr Weidong Xiang (Managing Director) CGNPC Mr Bin Cui (Finance Director) CGNPC *Ms Zheng Xiaowei (Non Exec. Director) CGNPC Mr Zhong Yu (Non Exec. Director) KangDe Mr Lindsay Dudfield (Non Exec. Director) Mr Geoff
Slide 11: Energy Metals project map
AUSCT QU GS URGING ree one Darwin as * Ranger Koongarr 9 i 2 ‘ Fy J} \ \NORTHERN ani \ estmoreland | | @ Valhalla \ Kintyree 7 5 Angela Wh) 4 ; WESTERN AUSTRALIA | (ey! aa QUEENSLA? \ Yeelirrie [ SOUTH AUSTRALIA yi q _Lakeside — use Mopoke Well | — Four iy Ue WAN Brisbane DiympicDam# *Beverle i FAnk
Slide 12: Bigrlyi, Ngalia & Macallan Projects
Bigrlyi, Ngalia & Macallan Projects £27333 N nN . i Macallan Project 0 100Km Seas meth wand pom =e : SI —_— i £24463 £27169 Devonian Carboniferous at —_ : ox EN ay 2 : Gera) oS Undifferentiated Proterozoic Pes Lares [__] Granted tenement Tenement application @ EME uranium prospect es @ Uranium prosp
Slide 13: Bigrlyi Project Mineralised Horizon and Anomalies
Bigrlyi Project Mineralised Horizon and Anomalies | | | 705 000mE 710 000mE 715 000mE ; 7545 000mN — Airstrip Nicker Beds ——e | Quartzite —— 4 ——_—_—_—_—_—_———— <= \ Albinia/Mt Doree Seuthwark Granite Ba Fi ee ea _-——_Bigrlyi JV (EME 53.3%) [amp . —o co = = ‘ i 7 540 OO0mN = ‘*~ Mineralised Horizon
Slide 14: Bigrlyi Project A15 Deposit Resources
Bigrlyi Projec A15 Deposit Resources = we —
Slide 15: Bigrlyi Project Drilling
Bigrlyi Project Drilling
Slide 16: Bigrlyi Project Drilling
Bigrlyi Project Drilling For personal use only Bigrlyi Camp Oct06 019.jpg
Slide 17: Bigrlyi July 2010 Resource (250ppm cut off)
Bigrlyi July 2010 Resource* (250ppm cut off) For personal use only JORC Mt U3O8 U3O8 U3O8 V2O5 V2O5 V2O5 status ppm t Mlb ppm t Mlb Ind. 9.1 847 7,700 17.0 1,083 9,900 21.8 Inf. 7.1 753 5,400 11.8 960 6,800 15.0 TOTAL 16.2 807 13,100 28.8 1,031 16,700 36.8 * Multiple Indicator Kriging; tonnes are me
Slide 18: Bigrlyi, Ngalia & Macallan Projects
£27333 Bigrlyi, Ngalia & Macallan Projects em 100Km CPDI00! 9.8m @ 1.06% eU308 [__] Granted tenement [_] Tenement application @ EME uranium prospect ®@ Uranium prospect (excised) “= Prospective stratigraphy £27169 k ». Undifferentiated Proterozoic Eee kere
Slide 19: Camel Flat Prospect Discovery Hole CFD1001
For personal use only Camel Flat Prospect Discovery Hole CFD1001
Slide 20: Camel Flat - CFD1001 (July 2010)
Camel Flat - CFD1001 (July 2010) 27m @ 0.27% U3O8 from 93.0m For personal use only 94m (incl. 3.5m @ 1.82% U3O8 from 93.5m)
Slide 21: Camel Flat
For personal use only Camel Flat
Slide 22: Camel Flat – Oblique Section
For personal use only Camel Flat – Oblique Section
Slide 23: Camel Flat
For personal use only Camel Flat
Slide 24: Bigrlyi, Ngalia & Macallan Projects
Bigrlyi, Ngalia & Macallan Projects £27333 N \ S \ Macallan Project 0 100Km £27169 24462 wy Devonian Carboniferous Shee eae Undifferentiated Proterozoic Pes Lares [__] Granted tenement Tenement application @ EME uranium prospect @ Uranium prospect (excised) “= Prospective stratigraphy OG) grove
Slide 25: Macallan Radiometrics
Macallan nr Radiometrics GP nergy SSS — = RANGER OPEN PIT at same scal S TF SS Ss 600000mE=, a! - 630000mE |
Slide 26: Watch out for
For personal use only Watch out for: Drilling to commence in March More discoveries in Ngalia Basin Wild Cards (eg: Macallan – access mid 2011?) Increasing Chinese investor interest
Slide 27: For personal use only
For personal use only
Slide 28: Compliance Statement
For personal use only Compliance Statement The information in this presentation is based on information compiled by Mr Paul Dunbar and Mr Lindsay Dudfield, who are both Members of The Australasian Institute of Mining and Metallurgy and The Australian Institute of Geoscientists. Mr Dunbar is a full t
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