Aguia Resources Limited · ASX:AGR
Aguia Resources — Investor Presentation (March 2021)
39 slides from Aguia Resources's investor presentation, Mar 10, 2021
Slide 1: Investor Presentation March 2021
INVESTOR PRESENTATION MARCH 2021
Slide 2: Disclaimer
DISCLAIMER • This document has been prepared as a summary only and does not contain all information about Aguia Resources Limited (the “Company”), assets and liabilities, financial position and performance, profits and losses, prospects and the rights and liabilities attaching to the Company’s secur
Slide 3: ASX Listed Multi Commodity Company with Assets in Southern Brazil
ASX LISTED MULTI COMMODITY COMPANY WITH ASSETS IN SOUTHERN BRAZIL POSITIONED FOR CASH FLOW Q4 2021 3 Investor Presentation: March 2021
Slide 4: Our Current Projects
OUR CURRENT PROJECTS Investor Presentation: March 2021 4
Slide 5: Two Projects with Compelling Economics
TWO PROJECTS WITH COMPELLING ECONOMICS Project Highlights Três Estradas Phosphate Project Andrade Copper Project Post-Tax NPV A$70.4 million (at 8% discount rate) A$108.1 million (at 5% discount rate) Internal Rate of Return (IRR) 61.0% post-tax 43.5% post-tax Production Rate (average) 306,000 tonne
Slide 6: Management Team
MANAGEMENT TEAM Mr. Nicholas Donlon Mr. Luiz Carlos Clerot Mr. Lucas Galinari Mr. Alan Nascimento COMPANY SECRETARY GENERAL MANAGER - GENERAL MANAGER - GENERAL MANAGER - PHOSPHATE DEVELOPMENT EXPLORATION FINANCE & ADMINISTRATION Dr. Fernando Tallarico MANAGING DIRECTOR Investor Presentation: 2020 AG
Slide 7: Brazil
BRAZIL • An agricultural and mining powerhouse with a population of over 200 million people. • The third largest agricultural exporter in the world. • The world’s sixth largest mining industry. • Aguia’s assets and targets are located in Southern Brazil – far from the Amazon rainforest in the north.
Slide 8: Rio Grande do Sul
RIO GRANDE DO SUL • The southernmost state of Brazil. • A state of rolling hills and pastures, far from the tropical climate of the Amazon rainforest in northern Brazil. • On the same latitude as the state of NSW, Australia, and has the same elevation as the town of Armidale, in NSW. • Home to some
Slide 9: Phosphate Targets
PHOSPHATE TARGETS • One phosphate project in pre-production phase, the Três Estradas Phosphate Project (TEPP). • Production is expected to commence in Q4 2021. • Six additional phosphate targets in close proximity to the TEPP. • These targets have potential to add resource upside to the TEPP and pus
Slide 10: Copper Targets
COPPER TARGETS Andrade Copper Project • One copper resource (Andrade). • Production is expected to commence by Q4 2024. • Seven additional copper targets in close proximity to Andrade. • Copper exploration program planned to step-up during 2021. Investor Presentation: March 2021 10
Slide 11: Andrade Copper Project
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Slide 12: Compelling Project Economics
COMPELLING PROJECT ECONOMICS Copper Cathode (Metallic Copper) Production Run of Mine (ROM) 11.72 million tonnes Strip Ratio 1.63:1.00 (tonnes waste to tonnes copper) Production rate 1 million tonnes PA after 4 years of ramp up Life of Mine (LOM) 14 years CAPEX A$18.12 million (A$19.93 million with c
Slide 13: Andrade Copper Deposit
ANDRADE COPPER DEPOSIT • An Indicated Mineral Resource of 18.03Mt with an average grade of 0.41% Cu and 1.87g/t Ag. • An Inferred Mineral Resource of 3.98Mt with average grade of 0.53% Cu and 2.06g/t Ag. • Expansion potential and further resource upgrade with additional drilling which is planned for
Slide 14: Andrade Copper Deposit – The Next Steps
ANDRADE COPPER DEPOSIT – THE NEXT STEPS • Scoping Study released on 9 March 2021 which demonstrated compelling economics for the project to proceed. • Board decision has been made to pursue production of Copper Cathode (Metallic Copper) – a much larger market and expected growth in demand. • Environ
Slide 15: Timeline & Key Milestones
TIMELINE & KEY MILESTONES Andrade Copper Project 2017 2018 2019 2020 2021 2022 2023 2024 Resource Exploration & Development Drilling to Complete JORC Resource Drilling to Upgrade JORC Resource Q1 2020 Final Exploration to ANM Economic Feasibility Study to ANM Q2 2018 Q3 2020 Enviromental Permiting E
Slide 16: The Global Copper Market
THE GLOBAL COPPER MARKET A COMMODITY IN DEMAND • A growth in demand for copper is expected and will be driven by growth in the electric vehicles industry, clean and renewable energy, and a rise in the manufacturing and industrial sectors. • Car manufacturers across the world have made announcements
Slide 17: Rio Grande Copper Belt
RIO GRANDE COPPER BELT Andrade Copper Project • An area 100km x 60km that hosts our Andrade project and existing seven targets. • 847km2 of permitted tenements and a further 473km2 under application. • The belt sits inside the Sul Riograndese Shield (ESRGS), a prolific district that has had very low
Slide 18: Rio Grande Copper Strategy
RIO GRANDE COPPER STRATEGY ANDRADE HUB FED BY SATELLITES • Aguia’s well-defined copper strategy is to create a central processing facility at Andrade, a hub, which would be fed by a pipeline of open pit projects from the existing (and future) satellite copper targets which are all in close proximity
Slide 19: Copper Assets
COPPER ASSETS Andrade Copper Project ANDRADE PROJECT & SEVEN TARGETS • Andrade: indicated resource of 18.03Mt @ 0.41% copper, scoping study – IRR of 43.5% and NPV @ 5% discount rate of A$108.4 million. 6,000 metres of diamond drilling planned for 2021 – improve quality and potentially tonnage of the
Slide 20: Copper Assets & Exploration Area
COPPER ASSETS & EXPLORATION AREA Investor Presentation: March 2021 20
Slide 21: Três Estradas Phosphate Project (TEPP)
AGUIA | TRESESTRADAS PHOSPHATE PROJECT (TEPP)
Slide 22: Compelling Project Economics
COMPELLING PROJECT ECONOMICS Run of Mine (ROM) 5.02 million tonnes Strip Ratio 0.50:1.00 (tonnes waste to tonnes phosphate) Production rate 306,000 tonnes PA after 3 years of ramp up Life of Mine (LOM) 18 years CAPEX A$7.37 million (A$8.11 million with contingency)* OPEX A$11.00/tonne of DANF** Sale
Slide 23: Construction & Logistics
CONSTRUCTION & LOGISTICS SET TO BE IN PRODUCTION BY THE END OF 2021 • Preliminary Licence (LP) granted. • Installation Licence (LI) application submitted. • Construction to commence following granting of the LI in April/May 2021 (six month build time). • Our natural phosphate fertiliser product (“Pa
Slide 24: TEPP Site Design
TEPP SITE DESIGN Processing plant ROM pad Product warehouse Parking area Administrative facilities Expedition Seedling nursery Core shed Vegetable garden Investor Presentation: March 2021 24
Slide 25: The Brand: Pampafos
THE BRAND: “PAMPAFOS” A RECOGNISABLE BRAND IN OUR MARKET • The Pampas are an area of fertile South American lowlands which includes Rio Grande do Sul State. • A grass native to the Pampas grows in abundance across many thousands of square kilometres of country. • It is very much associated with roma
Slide 26: The Market
THE MARKET DEVELOPING ALL MARKETING OPPORTUNITIES • Brazil is the third largest agricultural exporter in the world with production set to almost double by 2028. • Some of the best agricultural land in Brazil is located within a 300km radius of our TEPP for which there is huge local demand for phosph
Slide 27: The Market
THE MARKET DEVELOPING ALL MARKETING OPPORTUNITIES • RS State currently imports 100% of its fertilizer from Morocco and Argelia (Northern Africa). • This imported product (which is chemically enhanced) is 25-30% more expensive than our natural Pampafos fertilizer. • Pampafos will be the only product
Slide 28: The Market
THE MARKET DEVELOPING ALL MARKETING OPPORTUNITIES • For some time now, agronomists have been promoting the benefits of Pampafos, through meetings with individual farmers and attendance at Agricultural Fairs, trade shows and the like. • In addition to farming customers, we are currently exploring fur
Slide 29: TEPP: Environmentally Sustainable
TEPP: ENVIRONMENTALLY SUSTAINABLE AN ENVIRONMENTALLY SUSTAINABLE PROJECT • We have demonstrated that the economic sustainability case for Pampafos and the TEPP is compelling. • The case for environmental sustainability of the TEPP is equally compelling. • The brief to the environmental architectural
Slide 30: Pampafos: Environmentally Sustainable
PAMPAFOS: ENVIRONMENTALLY SUSTAINABLE A NATURAL ORGANIC FERTILIZER PRODUCT • No tailings dams required in the production process due to a simple processing route. • Organic certification will be applied for at the end of the construction process. • Farmers who wish to brand their produce as being or
Slide 31: Timeline & Key Milestones
TIMELINE & KEY MILESTONES Investor Presentation: March 2021 31
Slide 32: Why Invest?
AGUIA | WHY INVEST?
Slide 33: Why Invest?
WHY INVEST? Exposure to two in demand commodities – phosphate and copper. TEPP – in final stages before production. Demand for copper is growing, the copper price is appreciating. Aguia is actively planning further copper exploration during 2021. Potential resource upside (phosphate and copper) – mu
Slide 34: Appendix
AGUTA | APPENDIX
Slide 35: Board & Management
BOARD & MANAGEMENT Name Role Experience Commercial lawyer, Company Secretary, Executive Manager with over 30 years Ms. Christina McGrath Non Executive Chair experience in Australia and internationally. Ph. D. with over 30 years experience as a geologist in South America. Previously with Dr. Fernando
Slide 36: Três Estradas Phosphate Project – Resource Statement
TRÊS ESTRADAS PHOSPHATE PROJECT – RESOURCE STATEMENT Investor Presentation: March 2021 36
Slide 37: Andrade Copper Project – Resource Statement
ANDRADE COPPER PROJECT – RESOURCE STATEMENT Investor Presentation: March 2021 37
Slide 38: References
REFERENCES Information in this presentation is extracted from the following reports, which are available for viewing on the Company’s website: 10 March 2021: 2021 Copper Strategy Update 9 March 2021: Andrade Copper – Updated Resource Estimate & Scoping Study 16 February 2021: Outstanding Metallurgic
Slide 39: Aguia Resources Limited contact details
Aguia Resources Limited Águia Fertilizantes S/A Águia Metais Ltda Level 12, 680 George Street Sydney NSW 2000 Australia Rua Doutor Vale, 555 Sala 406, Bairro Moinhos de Vento CEP: +61 419 960 560 90560-010 Porto Alegre / RS info@aguiaresources.com.au +55 51 3519-5166