Admiralty Resources NL · ASX:ADY
Admiralty Resources NL — Investor Presentation (January 2006)
8 slides from Admiralty Resources NL's investor presentation, Jan 24, 2006
Slide 1: Production Estimates
Production Estimates « Lithium Chloride (Dec 2008) * 12,000 tonnes per annum « US$4,200 per tonne * Annual Revenue US$50 million per annum (2006 US demand 100,000 tonnes +? Flux for Aluminium welding, batteries, clothing antistatic, dehumidifiers) «" Potassium Chloride (Jun 2007) » 40,000 tonnes per
Slide 2: Profit Estimates
Profit Estimates Lithium Chloride Revenue $50 million at $4,200 per tonne Capital Cost $25-$30m Operating Cost $1,270 (+ or - $300) Operating Profit US$2,930 per tonne Tax 15% $439 Net profit US$2,491 per tonne or US$29.8m pa Earnings per share US5.4 cents Potassium Chloride Revenue $7 million at $1
Slide 3: Rincon Salar - Argentina: The Lithium Extraction Process
Rincon Salar - Argentina The Lithium Extraction Process Shipping at market c. Salt removed d. Sodium sulphate removed d. Potash removed e. Potassium Sulphate removed f. Magnesium removed f. Lithium Chloride produced ame, SS ADMIRALTY RESOURCES
Slide 4: Rincon Salar - Argentina: Markets
Rincon Salar - Argentina Varkets Lithium Chloride " The major market for lithium compounds (Lithium Chloride) is the USA followed by China, Taiwan and Japan, then Europe. Uses include anti-static fabric treatments, welding fluxes for aluminium, lithium diviny! chloride batteries, lithium metalproduc
Slide 5: Bulman
Bulman — No Zinc and Lead oxide, sulphide deposit located in southern Arnhem land in Australia's Northern Territory. Applied for ELA23814 — 637 sq kilometres In the 1950's CRA estimated there was 9" ssa 2% 375,000 tonnes @ 15% Zn and 2% Pb of mainly oxide material. The Bulman Leases and five nearby
Slide 6: Pyke Hill — Nickel Cobalt JV — Cougar Metals NL
Pyke Hill — Nickel Cobalt JV — Cougar Metals NL * The Pyke Hill Project is located approximately 40km southeast of the Murrin Murrin Nickel Operation, near Leonora, Western Australia. « Prospective for a high-grade nickel-cobalt lateritic resource. « Aircore drilling undertaken by Cougar in FY2004 r
Slide 7: Funding - 2005 - 2007
Funding - 2005 - 2007 Feb 2005 - A$10m raised by $20m placement of converting notes May 2005 — MTM Holdings/Leveraged Capital advise they may convert 87.5m options at 10c (A$8.75m) June 2005 — A$2.5m raised by converting 25 million options at 10c¢ Aug 2005 — A$2.5m raised by converting 25 million op
Slide 8: Projected Profit and Earnings
Projected Profit and Earnings Share $US 2006-2007 2007-2008 2008-2009 $US $us $us Net Profit After Tax 9.9M 24.5M 54.3M Earnings Per 1.8 cents 4.5 cents 9.9 cents EPS calculated on 547 million shares am, SS ADMIRALTY RESOURCES
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