Iron Bear Resources Ltd · ASX:IBR
Iron Bear Resources — Cape Lambert Resources — Investor Presentation (May 2013)
27 slides from Iron Bear Resources's investor presentation, May 2013
Slide 1: Cape Lambert Resources Company Presentation
Cape Lambert Resources Company Presentation May 2013 Advancing Undervalued Mineral Assets Tony Sage - Executive Chairman
Slide 2: Global Mineral Investment Company
Global Mineral Investment Company Cape Lambert is a diversified mineral investment company listed on the ASX (“CFE”) Strategic Portfolio Fully funded » Geographically diverse portfolio of » No bank debt mineral assets and interests » Cash position at 31 Mar 2013 A$20M » Multi-commodity portfolio » C
Slide 3: Delivering Shareholder Value
Delivering Shareholder Value Strong track record of delivering shareholder value May 2006 Oct 2007 Oct 2008 July 2010 Feb 2011 In specie distribution In specie A$100M A$44M fully On market buy- of International distribution of capital/ franked special back 54M shares Goldfields (now Global Iron divi
Slide 4: Project Pipeline: Quality Assets in Project Pipeline
Project Pipeline Quality Assets in Project Pipeline Development projects Earmarked for sale Marampa (Fe) Leichhardt – Mt Cuthbert (Cu), Sierra Leone QLD Australia (sale currently being finalised) Exploration projects Sandenia (Fe) Australis/Mojo (Phosphate, Cu, Kukuna (Fe) Guinea Sierra Leone Zn) QL
Slide 5: Key Projects and Investments
Key Projects and investments 1 1. Leichhardt sale to settle by 31 May 2013 Pg 5 | May 2013
Slide 6: Corporate Snapshot
Corporate Snapshot Capital Structure Shareholders Ordinary shares (ASX: CFE) 687.4m African Minerals Limited 17.7% Top 20 73.2% Market Cap at $0.15 $103m Institutional shareholders ~38% Cash $20.3m Including: Capital World Receivables1 $100.7m BlackRock Henderson Options ($0.29 exp 22 Nov 13) 11.7m
Slide 7: Strong Value Proposition
Strong Value Proposition Asset A$ Value Cash at 31 March 2013 $20.3m Leichhardt (100%) 3 $14.8m MCC Receivable $80.0m Receivables2 $5.9m Listed Investments1 $19.8m Unlisted Investments $7.0 Convertible Notes $2.9m Value of financial assets $150.7m Marampa (100%) $250-$500m Royalty on African Iron $5
Slide 8: West African Emerging Iron Ore Business – The Next Pilbara
West African Emerging Iron Ore Business – “The Next Pilbara” CFE Projects Page 8 | May 2013
Slide 9: Marampa Iron Ore Project Highlights
Marampa Iron Ore Project Highlights » JORC resource of 680Mt at 28.2% Fe » Supporting 15Mtpa high quality hematite concentrate production for >15 years Scoping study for 15Mtpa, standalone open pit mining development complete: » Stage 1 – up to 3.4Mtpa concentrate: capex US$368m » Stage 2 – 10Mtpa c
Slide 10: Marampa Iron Ore Project - Overview
Marampa Iron Ore Project - Overview Location » Republic of Sierra Leone » Large land position (305km2) Ownership » 100% CFE » Environmental Licence approved Project stage » Mining Licence in preparation » Scoping Study at 15Mtpa concentrate completed JORC » 4 deposits with resource of 680Mt at 28.2%
Slide 11: Marampa Development Alternatives
Marampa Development Alternatives • Continuing to progress development plans for Marampa & assess all development alternatives that will result in the most efficient use of funds and the highest return • Detailed below are a number of alternative development scenarios for Marampa - the financial outc
Slide 12: Marampa Development Alternatives
Marampa Development Alternatives • Scenario 3A presents the lowest capital expenditure and the highest IRR – but does require amendments to the HoA with AML • Scenario 3A demonstrates a lower start up cost alternative with many potential growth options , such as pipeline construction for an addition
Slide 13: Kukuna Iron Ore Project - Overview
Kukuna Iron Ore Project - Overview Location » Republic of Sierra Leone » 68km2 granted licence Ownership » 100% CFE - Pinnacle Group Assets » Three target trends with total prospective strike of Exploration ~20km Target1 » Exploration target 1-2.0 Bt at 30-40% Fe of hematite schist iron ore Product
Slide 14: Sandenia Iron Ore Project - Overview
Sandenia Iron Ore Project - Overview » Republic of Guinea Location » Granted exploration permit (295km2) Ownership » 100% CFE - Pinnacle Group Assets » Exploration Target1 1.5-2.5 Bt at 25-35% Fe Exploration Target1 » Seven exploration targets prospective for enriched oxide and magnetite BIF » Early
Slide 15: Rokel Iron Ore Project - Overview
Rokel Iron Ore Project - Overview Location » +2,000km2 of prospective Marampa belt Ownership » 100% CFE - Metal Exploration Limited » Hematite schist iron ore. Exploration » Identified prospect at Kumrabai east of Marampa with strike of 8km Target » 3 known historical occurrences north of Marampa »
Slide 16: Leichhardt Copper Project - Overview
Leichhardt Copper Project - Overview Binding Terms Sheet for Leichhardt project for $14.75m has been executed1 Location » Mt Isa Inlier, Qld, Australia » 100% CFE Ownership » CFE initially acquired the Leichhardt Project for $8.5m from Matrix Metals in 2009 » Resource of 10.5Mt at 0.74% Cu (78kt JOR
Slide 17: Australis Exploration - Overview
Australis Exploration - Overview Location » Northern Territory and NW Qld, Australia Ownership » 100% CFE » 4 granted Exploration Licences (1,465km2) in Northern Territory Holdings » 3 Granted Exploration Licences (1,903km2) in NW Queensland » 100% of Mojo Mining Pty Ltd, which holds 15 granted Expl
Slide 18: Appendices
APPENDICES Page 18 | May 2013
Slide 19: Business Model & Strategy
Business Model & Strategy Acquire Add Value A Project team that has the > Leverage off strong > “hands on” technical and commercial expertise balance sheet & approach and experience to maximise project relationships development > Explore and > Early stage projects & evaluate project companies consid
Slide 20: Business Model & Strategy
Business Model & Strategy Cape Lambert invests at the optimum time to achieve maximum value returns Grassroots Exploration Appraisal Construction Production exploration Expansion Scoping Project/ Company Finance Value Discovery Start-up PFS BFS Investment ‘sweet spot’ Time Page 20 | May 2013
Slide 21: Listed Holdings Overview
Listed Holdings Overview Company Ticker % holding Value $ Company Description Investments ~$1m and over Cauldron Energy Limited CXU - ASX 21.05% $4,871,862 Uranium exploration in Argentina and Australia Latin Resources Limited LRS - ASX 11.48% $3,616,014 Minerals sands and iron ore exploration in Pe
Slide 22: Unlisted Holdings Overview
Unlisted Holdings Overview Company Investment Details Company Description CONVERTIBLE NOTES Convertible $1,900,000 South East Asia Resources Ltd SXI - ASX Holds interests in a number of Indonesian and Australian thermal and coking coal projects Note face value Convertible $1,000,000 OGL Resources Li
Slide 23: Appendix - Board of Directors
Appendix - Board of Directors Tony Sage Executive Chairman Over 26 years experience in corporate advisory, funds management, capital raisings and management of exploration companies. Tim Turner Non-Executive Director Over 25 years experience in management and business consultancy and a partner in an
Slide 24: Appendix – Key Management
Appendix – Key Management Tony Boucher General Manager Operations Metallurgist / Chemist with 25 years experience in the mining and mining services sectors in Australia. Jeff Hamilton Manager – Development Projects Mechanical Engineer with 25 years of experience in construction and mine developments
Slide 25: Attributes
Attributes Competent Persons Statement The information in this report that relates to Exploration Results is based on information compiled by Dennis Kruger, who is a member of the Australasian Institute of Mining and Metallurgy. Dennis Kruger is a consultant to Cape Lambert Resources Limited, and ha
Slide 26: Disclaimer
Disclaimer This presentation has been prepared by Cape Lambert Resources Limited (“Cape Lambert” or the “Company”). It is not a disclosure document and should not be considered as an offer or invitation to subscribe for, or purchase any securities in the Company or as an inducement to make an offer
Slide 27: For Further Information Contact
FOR FURTHER INFORMATION CONTACT Cape Lambert Resources Limited Tony Sage PO Box 1385 Executive Chairman West Leederville WA 6901 Eloise von Puttkammer Ph: +61 8 9380 9555 Investor Relations Email: info@capelam.com.au www.capelam.com.au Australian PR UK PR Professional Public Relations Tavistock Comm
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