Energy Metals Ltd · ASX:EME
Energy Metals — Shareholder Meeting (April 2011)
23 slides from Energy Metals's shareholder meeting presentation, Apr 19, 2011
Slide 1: Energy Metals Limited AGM Presentation
For personal use only Weidong Xiang Managing Director 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: Share price and uranium prices
For personal use only Current EME Share Price $0.52 Current U Spot Price $58.50 Long Term U Price $73.00
Slide 4: China Nuclear Reactors
China Nuclear Reactors Supply 2% of China’s electricity For personal use only 13 Operating (>10GWe) 28 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$10.2B(as of 30th December, 2010) • 5 operating nuclear power plants close to HK • 16 power plants under construction • >50 Planned or Proposed • O
Slide 6: KangDe placement
KangDe Placement completed in the period For personal use only • 19.4m shares at $1.02 to raise $19.8m • 137% premium when announced in June 2010 • 32% premium when completed in December 2010
Slide 7: Capital Structure (current)
Capital Structure (current) For personal use only Shares on Issue 153.8m Options on Issue 0.15m Shareholders 954 Cash (31 Dec 2010) $ 29.72m CGNPC 93.1m shares 60.6% KangDe 19.5m shares 12.7% Jindalee 14.0m shares 9.1%
Slide 8: Highly Experienced Board
Highly Experienced Board For personal use only Mr Zuyuan He (Non Exec. Chairman) Mr Weidong Xiang (Managing Director) Mr Bin Cui (Finance Director) Mr Lindsay Dudfield (Non Exec. Director) Mr Geoff Jones (Non Exec. Director) Ms Zheng Xiaowei (Non Exec. Director) Mr Zhong Yu (Non Exec. Director)
Slide 9: Energy Metals projects in Australia
Har a) « Jabiluka Darwin. & Ranger Koongarra me ; os % A Las b NORTHERN TERRITOR YR / é I ‘Westmoreland } Manyingee af | @Valhalla ae % i) | ’ Kintyree felis " i, “Angela WW py WESTERN AUSTRALIA | QUEENSLAND y PANE Sa) PTA ALATA Yee @ Lakeside pie + 7 ) Mulga Rock X -. SOUTH AUSTRALIA | Brisbane Mop
Slide 10: Bigrlyi, Ngalia & Macallan Projects
el £27333 Bigrlyi, Ngalia & Macallan Projects 0 100Km | Macallan Project } £27169 £24462 Devonian Carboniferous Undifferentiated Proterozoic [__] Granted tenement [__] Tenement application @ EME uranium prospect @ Uranium prospect (excised) == Prospective stratigraphy
Slide 11: Bigrlyi Project Mineralised Horizon and Anomalies
Bigrlyi Project Mineralised Horizon and Anomalies | | 705 000mE 710 000mE 7545 000mN. — Airstrip Nicker Beds a oe ( Quartzite | 715 000mE ————— Seuthwark Granite *~ Mineralised Horizon @ Uranium Prospect «> Uranium Prospect CYT « WetaeergY ana m. if, | E24453
Slide 12: Bigrlyi Project Resources
Bigrlyi Project Resources poise ‘Limited
Slide 13: Bigrlyi Project Drilling
Bigrlyi Project Drilling For personal use only Bigrlyi Camp Oct06 019.jpg
Slide 14: Bigrlyi July 2010 Resource
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 15: Bigrlyi, Ngalia & Macallan Projects
el £27333 [__] Granted tenement [__] Tenement application @ EME uranium prospect @ Uranium prospect (excised) == Prospective stratigraphy G 2p) Bigrlyi, Ngalia & Macallan Projects On py” 0 100Km CPDIOOI 9.8m @ 1.06% eU308 £24463 £27169 £24462 Devonian Carboniferous Undifferentiated Proterozoic Metal
Slide 16: Camel Flat Prospect Discovery Hole CFD1001
For personal use only Camel Flat Prospect Discovery Hole CFD1001
Slide 17: 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 18: Camel Flat
For personal use only Camel Flat
Slide 19: Camel Flat – Oblique Section
For personal use only Camel Flat – Oblique Section
Slide 20: Camel Flat
For personal use only Camel Flat
Slide 21: Watch out for
For personal use only Watch out for: Drilling to commence now More discoveries in Ngalia Basin Wild Cards (eg: Macallan – access mid 2011?) Uranium Trade
Slide 22: For personal use only
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Slide 23: 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