Lucapa Diamond — Investor Presentation (March 2018)
21 slides from Lucapa Diamond's investor presentation, March 2018
Slide 1: The Mothae Kimberlite Project (The Kingdom of Lesotho)
y | use onl For persona The Mothae Kimberlite Project (The Kingdom of Lesotho) High quality diamonds LUCAPA DIAMOND COMPANY
Slide 2: Forward-Looking & Competent Person's Statements
Forward-Looking & Competent Person’s Statements LUCAPA Forward-Looking Statements DIAMOND COMPANY This Presentation has been prepared by Lucapa Diamond Company Limited (“the Company"). This document contains background information about Lucapa Diamond Company Limited current at the date of this Pres
Slide 3: For personal use only
For personal use only
Slide 4: Diamond Landscape: annual US$m revenue
"ANY LUCAPA DIAMOND CoM: 2016 sin $59 x an oO 3 = Ss oc bem Lulo (A) ulpaW (v) e4opug -auoy ooy sey9 (v) puejenbewen, (v) HOW Jauj0 + YUpuaxes (7) suazejd Aruyzepy, euneig (v) adueeW UlaqUojalJJoy) emoinw oe) (v) suppeog + uayeg auexeyl}27 (v) euenjiwos (v) 01m eAeysuigon}og paodsio0,, Apaquir uoswe
Slide 5: Diamond Landscape: US$ per carat
Diamond Landscape ..USS per carat... LUCAPA DIAMOND CoM: "ANY 1 . | a . = = = = ze — La 38 3 a aa EE es es eee @ ge 6 8 8 8 8 w 6 & & & 8 & a o¢ a gg vo, ae alABiy (v7) asueeW rewiy [-080)su!die>|/eAersjasueyiy (y) suazejg eveqeuy-Azewly quo auaeig e20}e) yasuly nea emonW edeig (vy) suazejd Ajuysepp
Slide 6: Diamond Landscape: all projects US$ per carat by resource type
Diamond Landscape LUCAPA DIAMOND COMPANY ...all projects USS per carat...by resource type $3,000 Lulo (A) $2,980 $2,500 $2,000 oe "S $1,500 BR oy $1,000 $500 I (v) asueeW (v) saade|q eveqeuy-Azeu (wv) suaaejd Ajuyzeppy, (v7) suazejd equnAy (vy) esopug -auoly () Suazejd aAoysuay-auyz! (v) puejenbewey
Slide 7: Lesotho's Diamonds
Lesotho’s Diamonds .. regular large stones...world’s highest average kimberlite diamond price LUCAPA LETSENG DIAMONDS. In production = 1B years NZ Namaxwa Diawonns In production = 6 years In production -<1year MOTHAE Being developed Diamond pictures sourced from companies - some pictures unavailable
Slide 8: Lesotho: development projects
Lesotho LUCAPA DIAMOND COMPANY Only looking at kimberlite opportunities F $3,000 $2,500 $2,000 $1,500 ...development projects F $1,000 $500 aay leu |-oB0,sujdiey|/eAeysja5uer, quo >aeig e20}e) ypsul4 e134 emoinw edeig aueyeyji2y suogoybry eAeyjsuigonjog eAeysuqunAN (93 dO) eAeuyrepn enauay paodsioo,
Slide 9: Lesotho: development projects compared
Lesotho ...development projects compared Diamondiferous kimberlite Size of pipe (hectares) Drilled (metres and # of holes) Bulk sampled (tonnes) Diamonds recovered (carats) Sampled grade (cpht) Largest stone recovered (carat weight) Revenue from recovered samples (USS) Expected resource diamond pric
Slide 10: For personal use only
For personal use only
Slide 11: Production Target & Financial Forecast
Production Target & Financial Forecast [unit [Tota] [Phase1|Phase2] [ 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | LUCAPA Kimberlite mined ktpa [49,463] [- 2,031) 17,432] | - 703. «717 ~«752+=«1,994+«2,186 2,187 1649 2,066 1,988 2074 1,854 1292 -
Slide 12: Mothae Kimberlite Development: physicals
Mothae Kimberlite Development .. physicals LUCAPA Notes: Reference is made to the Company's ASX announcement of 24 March 2017 titled "Mothae JORC Classified Diamond Resource". All material assumptions underpinning the resource estimate continue to apply and have not materially changed. Material assu
Slide 13: Mothae Kimberlite Development: Sensitivity analysis and US$ per tonne metrics
Mothae Kimberlite Development ngs . . .. Sensitivity analysis and USS per tonne metrics LUCAPA DIAMOND COMPANY Project NPV Sensitivity Net operating margin per tonne (Project NPV if modelling assumption adjusted for %) 40.0 35.0 30.0 25.0 = # 20.0 3 15.0 10.0 5.0 ~ "35% -20% 15% 10% 5% 0% 5% 10% 15%
Slide 14: Production Target & Financial Forecast: Material assumptions
Production Target & Financial Forecast .. Material assumptions LUCAPA DIAMOND COMPANY po Phase! Development - US$79m Capital Development - US$12m (inclusive of rehabilitation cost estimate) Sustaining - 2% of operating cost Method Conventional open-pit. Weathered kimberlite - by free dig load and ha
Slide 15: Material assumptions continued
Production Target & Financial Forecast .. Material assumptions continued LUCAPA DIAMOND COMPANY Royalty As a % of revenue 5% 5% modelled (will be reviewed) Marketing As a % of revenue 2% Method Tender and/or auction in international market in the rough Beneficiation To be considered (no value for cu
Slide 16: Material assumptions continued: Mothae classified diamond resource
Production Target & Financial Forecast .. Material assumptions continued LUCAPA MOTHAE CLASSIFIED DIAMOND RESOURCE - 21 MARCH 2017 To 300m Below Surface; 2mm Bottom Screen Tonnes Grade Average Revenue Average Value Per Total Resource Classification (Mt) (cpht) Modelled Tonne Resource (USS/ carat) (U
Slide 17: Material assumptions continued: Level of study to date
Production Target & Financial Forecast ...Material assumptions continued Level of study to date LUCAPA DIAMOND COMPANY Drilling campaign (I Bulk sampling campaign (EE) Ni43-101 Technical Report and Resource estimate completed by MSA (Pty) Ltd (I Preliminary Economic Assessment was completed by ADP P
Slide 18: Material assumptions continued: power, financing, legal
Production Target & Financial Forecast ...Material assumptions continued LUCAPA DIAMOND COMPAN' Power Phase 1 power has been modelled on diesel generated power with a diesel price of ZAR7.43 per litre. Phase 2 power has been modelled on grid power being connected. The expected capital and operationa
Slide 19: Mothae Board & management
Mothae Board & management . . ..experience in Lesotho coenre Stephen Wetherall Mr Wetherall is a qualified chartered accountant with 20+ years’ experience in financial and operational management, corporate transactions and Mothae Board strategic planning. He has held senior financial and executive r
Slide 20: For personal use only
For personal use only
Slide 21: Thank you
LUCAPA DIAMOND COMPANY o A Thank you juo ssn jeuosued 103
Lucapa Diamond Company — Investor Presentation (March 2018) on 6ix