Renascor Resources Ltd · ASX:RNU
Renascor Resources — Shareholder Meeting (November 2016)
26 slides from Renascor Resources's shareholder meeting presentation, Nov 25, 2016
Slide 1: Managing Director's Annual General Meeting 2016 Presentation to Shareholders
ASX Announcement 25 November 2016 For personal use only Managing Director’s Annual General Meeting 2016 Presentation to Shareholders Attached please find a copy of the Managing Director’s presentation to be delivered today at the company’s AGM in Adelaide. BACKGROUND INFORMATION Renascor Resources i
Slide 2: Annual General Meeting Presentation
Renascor Resources Limited ASX code: RNU Annual General For personal use only Meeting Presentation Adelaide 25 November 2016 David Christensen Managing Director
Slide 3: Important notices
Important notices For personal use only Forward Looking Statements This Presentation may include statements that could be deemed “forward-looking” statements. Although Renascor Resources Limited (the “Company”) believes the expectations expressed in such forward-looking statements are based on reaso
Slide 4: Highlights
Highlights For personal use only Recent Drilling Nearly Quadruples Resource • 60.8 million tonnes @ 7.8% (Total Graphitic Carbon) TGC for 4.7 million tonnes of contained graphite • Higher-grade mineralisation of 22.2 million tonnes @ 10.0% TGC for 2.2 million tonnes of contained graphite • Considera
Slide 5: Renascor corporate profile
Renascor corporate profile For personal use only ASX code RNU Shares currently on issue 438.1M Shares to be issued to acquire EPM* 42.0M Options to be issued to acquire EPM* 15.0M Fully diluted (after EPM acquisition)* 495.1M Cash (31 Oct 16) $2.66M Share price (22 Nov 16) $0.031 12 month range $0.0
Slide 6: Experienced board & management team
Experienced board & management team For personal use only Stephen Bizzell, Non-Executive Chairman Stephen is highly experienced in the fields of corporate restructuring, debt and equity financing, M&A and has over 20 years corporate finance and public company management experience in the resources s
Slide 7: Rapid transition to graphite development
Rapid transition to graphite development For personal use only Renascor Resources 6
Slide 8: Siviour graphite deposit
Siviour graphite deposit For personal use only Siviour graphite deposit in South Australia has quickly emerged as a potential commercial graphite development with several key components already established Deposit size and quality Australia’s largest graphite resource with ample scope to grow to glo
Slide 9: Re-rating potential
Re-rating potential For personal use only Renascor currently trades at a significant discount to its peers on an enterprise value per tonne basis given the recent and rapid progress at Siviour. Potential riggers for share price re-rating: • Market recognition of new Siviour discovery • Expansion of
Slide 10: Why graphite in Australia?
Why graphite in Australia? For personal use only Graphite market needs secure supply • China dominates current supply • Significant emerging production from Africa Renascor aims to provide secure supply from Australia Source: Company data, Macquarie Research, November 2015 Renascor Resources 9
Slide 11: Graphite market
Graphite market For personal use only High tech growth areas are adding to historical industrial uses and driving increased demand for flake graphite Lithium Ion batteries Graphene Expandable graphite Super capacitors Green technologies Pebble bed reactors Renascor Resources 10
Slide 12: Located centrally in Australian graphite corridor
Siviour graphite deposit For personal use only Located centrally in Australian graphite corridor Siviour graphite deposit, showing location and nearby graphite deposits Renascor Resources 11
Slide 13: Siviour graphite deposit: location
Siviour graphite deposit: location For personal use only Optimal location for development and production Favourable jurisdiction • South Australia • Supportive government • Freehold land Port, Road, Rail, Power • Established ports -- Port Lincoln, Whyalla • Highway - 10km • Railhead - 16km • Power -
Slide 14: Siviour graphite deposit: large-scale
Siviour graphite deposit For personal use only Large-scale JORC-compliant Mineral Resource of 60.8Mt @ 7.8% TGC for 4.7Mt of contained graphite* Higher-grade portion: 22.2Mt @ 10.0% TGC for 2.2Mt of contained graphite* Open along-strike N-S distance of 300m Average true thickness: 20m Average grade:
Slide 15: Australia's largest graphite deposit
Siviour is Australia’s largest graphite deposit For personal use only Renascor Resources 14
Slide 16: Ample scope to grow resource
Siviour – Ample scope to grow resource For personal use only Contained Mineralisation Category TGC graphite (Mt) (Mt) Indicated* 33.4 8.2% 2.7 Inferred* 27.4 7.4% 2.0 Total* 60.8 7.8% 4.7 Siviour remains open at shallow depths Undrilled high conductivity target extending north from western portion o
Slide 17: Flat-lying and near-surface
Siviour deposit – Flat-lying and near-surface For personal use only Siviour has unique shallow, flat-lying orientation Siviour prospect: Geological cross-section for north-south Section 631800E, showing graphite-mineralised zones Renascor Resources 16
Slide 18: Flat-lying and near-surface
Siviour deposit – Flat-lying and near-surface For personal use only Other graphite deposits are deeper, more vertical Siviour prospect: Geological cross-section for north-south Section 631800E, showing graphite-mineralised zones Renascor Resources 17
Slide 19: Flat-lying and near-surface
Siviour deposit – Flat-lying and near-surface For personal use only Other graphite deposits are deeper, more vertical Siviour prospect: Geological cross-section for north-south Section 631800E, showing graphite-mineralised zones Renascor Resources 18
Slide 20: Flat-lying and near-surface
Siviour deposit – Flat-lying and near-surface For personal use only Other graphite deposits are deeper, more vertical Siviour prospect: Geological cross-section for north-south Section 631800E, showing graphite-mineralised zones Renascor Resources 19
Slide 21: Flat-lying and near-surface
Siviour deposit – Flat-lying and near-surface For personal use only Siviour offers lower- strip ratio, lower-cost mining Siviour prospect: Geological cross-section for north-south Section 631800E, showing graphite-mineralised zones Renascor Resources 20
Slide 22: Siviour graphite deposit: flake size
Siviour graphite deposit – flake size For personal use only Petrological examination shows abundance of flake graphite at Siviour High proportion of coarse flake Siviour high-grade drill samples return: • 62% in super-jumbo (+500µm) category • Up to 1,600µm Strong basis for producing high quality co
Slide 23: Siviour graphite deposit: metallurgy
Siviour graphite deposit – metallurgy For personal use only Positive preliminary results Simple bench flotation tests on Siviour core • 99% TGC concentrates • 91% recoveries • Coarse (+300µm/+50 mesh) concentrates at 94% TGC Renascor Resources 22
Slide 24: Forward work programs
Forward work programs For personal use only Renascor intends to fast-track Siviour through development and into production High-grade graphite Renascor option to purchase Resource delineation drill program Flake size and purity JORC resource Mineral processing testing Drilling to expand/increase con
Slide 25: Siviour graphite deposit: conclusions
Siviour graphite deposit - conclusions For personal use only Siviour is large and growing Australia’s largest graphite deposit, with potential to reach globally competitive scale High-quality coarse flake graphite High proportion of valuable jumbo and super-jumbo flake from petrological samples Flak
Slide 26: Thank you
For personal use only Thank you Renascor Resources 25
Renascor Resources — Shareholder Meeting (November 2016) on 6ix