Perpetual Resources Ltd. · ASX:PEC
Perpetual Resources — Proactive Resources Webinar (February 2022)
22 slides from Perpetual Resources's conference presentation, Feb 22, 2022
Slide 1: Beharra. The Midwest's leading high grade silica sand project
For personal use only Beharra. The Midwest’s leading high grade silica sand project. ASX: PEC Corporate Presentation, Proactive Resources Webinar Tuesday 22nd February 2022
Slide 2: Disclaimer
Disclaimer For personal use only This presentation contains summary information about Perpetual Resources Ltd (Perpetual) and is current as of 22nd February 2022. The information in this presentation is of a general nature and does not purport to be complete nor does it contain all of the informatio
Slide 3: Competent Persons Statement
Competent Persons Statement For personal use only The information in this report that relates to the March 2020 Exploration information for the Beharra Project is based on information compiled and fairly represented by Mr Colin Ross Hastings, who is a Member of the Australasian Institute of Mining a
Slide 4: Perpetual Resources: Investment Highlights
Perpetual Resources: Investment Highlights For personal use only 100% owner of Highly supportive Led by an PFS demonstrates Beharra PFS Outcomes Base case the Beharra high commodity market experienced a long-life project Post-Tax NPV (ungeared) $231m grade silica sand backdrop provides Board and tea
Slide 5: Corporate Snapshot
Corporate Snapshot For personal use only Julian Babarczy Robert Benussi Brett Grosvenor Executive Chairman Managing Director Non-Executive Director ASX Code PEC Share Price (as at 18 February 2022) $0.065 Ordinary Shares 492.2m Perpetual Resources Share Price Options (5m at 4.5¢, 5m at 13¢, 10m at 1
Slide 6: Project Portfolio
Project Portfolio For personal use only Three discrete Project Hubs – all located proximal to established infrastructure. Beharra1 – the focus • Pre-feasibility study completed with compelling economics • Post tax NPV (ungeared): $231m • Post tax IRR (ungeared): 55% • Initial Capex: $39m • Mining Li
Slide 7: Sand Facts
Sand Facts “The global rate of sand For personal use only use — which has tripled over the past two decades partially as “We just think a result of surging urbanization — that sand is far exceeds the natural rate at everywhere. We never “For construction which sand is being replenished thought we wo
Slide 8: What is Silica Sand Used For?
What is Silica Sand Used For? For personal use only Glass - Architectural - PV solar cell glass covers - Smartphones - Tablets - Automotive - Fiberglass - Container Packaging Building products - Quartz surfaces - Roofing shingles Foundry sands - Automotive & Manufacturing Fillers & Extenders Chemica
Slide 9: Asia Pacific: The Fastest Growing Silica Sand Market in the World
Asia Pacific: The Fastest Growing Silica Sand Market in the World For personal use only APAC Silica Sand Market Value (US$m) APAC Sales Volume (mtpa) 9,000 180 8,000 40mtpa of extra high 160 quality silica sand is Market growth of needed in 7,000 US$3b is up for APAC grabs 6,000 140 5,000 120 4,000
Slide 10: Relative Size of PEC focus industry
Relative Size of PEC focus industry End Markets For personal use only Other Abrasives 4% 5% Filtration • The Asian glass industry is the largest and highest growth for high grade 10% silica sand • The PV solar panel glass cover industry is experiencing exponential growth • These markets are Perpetua
Slide 11: Perpetual's Target Markets are the Biggest and Fastest Growing in Asia
Perpetual’s Target Markets are the Biggest and Fastest Growing in Asia For personal use only 70 68mt 52.5 Million 45mt PEC metric tonnes focus 35 31mt 17.5 15mt 9mt 6mt 2% CAGR 3% CAGR 5% CAGR 5% CAGR 3% CAGR 5% CAGR Other Abrasives Filtration Hydraulic Fracturing Foundry Total Asia Glass Industry 1
Slide 12: How Silica Sand is Priced
How Silica Sand Fe₂O₃ is Priced For personal use only Higher price Ultra clear / PV solar Silica sand is like iron ore, where various cover glass specifications are priced with reference to a key attribute (in this case, silicon dioxide) with price 100ppm adjustments related to impurity content. Cle
Slide 13: Beharra: High Grade Silica Sands
Beharra: High Grade Silica Sands For personal use only LOCATION Approximately 100km south of Geraldton, comprising a north- south striking exploration licence covering an area of about 49 km2 SCALE The project lies within the northern part of the Perth Basin and contains a 13km strike length of high
Slide 14: Project Economics
Project Economics Capital Expenditure Cost (A$) Wet Processing Plant $19.1m For personal use only On Site Infrastructure $3.5M Perpetual’s strategy is to operate with maximum flexibility, Off-Site Infrastructure (Bore field, site access roads) $9.3m aiming to be able to respond to the expected posit
Slide 15: What Makes Beharra Special
What Makes Simple geology • Clearly defined horizons of white and Superior metallurgy* • Lowest known impurity profile Beharra For personal use only yellow sand in the Midwest • White sand sub-domains being tested • Expect further impurity reductions Special • Selective mining expected to be • Poten
Slide 16: White Sand Potential
White Sand Potential For personal use only • White sand only processing seen as a potentially significant project optimisation scenario • Recent white sand focussed bulk metallurgical test work confirmed significant reduction in the key impurity Fe203 February 2021 PFS December 2021 White Sand Test
Slide 17: Tier 1 Regional Infrastructure
Tier 1 Infrastructure For personal use only Regional Beharra is one hour by high quality road to Geraldton Port, underpinning the economic viability of Beharra. RAV7.3 – PBS Super Triple 17
Slide 18: Strong Stakeholder and Approval Progress
Strong Stakeholder and Approval Progress For personal use only Perpetual is earning its “social licence” to operate at Beharra COMMUNITY • Strong working relationships with Traditional Owner groups • All key Native Title Agreements in place • Landmark collaboration with YSRC secures water licence •
Slide 19: Beharra Market Entry Strategy
Beharra Market Entry Strategy For personal use only • Perpetual has secured multiple MOU’s for offtake – Yaoguo Solar Science & Technology Co - 250K tonnes p.a. – Guangdong Qingyuan New Material Technology Co - 400K tonnes p.a. – C&D Logistics Group Co - 600K tonnes p.a. • Perpetual has had overwhel
Slide 20: Beharra Development Timeline
Beharra Development Timeline For personal use only 1Q22 2Q22 3Q22 4Q22 1Q23 2Q23 3Q23 4Q23 White Sand Sub Domain Met Work Offtake Discussions Environmental Studies Statutory Environmental Approvals DSO Scoping Study PFS Update Definitive Feasibility Study Decision to Fund ★★★ Order Long Lead Items C
Slide 21: Conclusion
Conclusion For personal use only The Mid West Region’s Strong project Located on doorstep Strong study team Experienced Board and Rapidly advancing lowest impurity silica economics to APAC, the world’s and consultants Leadership Team project sand project fastest growing market • The Mid-West Region’
Slide 22: For personal use only
For personal use only Julian Babarczy Executive Chairman Robert Benussi Managing Director robert.b@pecsilica.com +61 410 415 335 Perpetual Resources Ltd 223 Liverpool St, Darlinghurst NSW 2010 www.perpetualresourceslimited.com.au
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