Syrah Resources Limited · ASX:SYR
Syrah Resources — Shareholder Meeting (November 2013)
14 slides from Syrah Resources's shareholder meeting presentation, Nov 19, 2013
Slide 1: 2013 Annual General Meeting Presentation
For personal use only Syrah Resources Limited 2013 Annual General Meeting Presentation Melbourne 19 November 2013 Image: Core from Ativa Zone being logged at Balama
Slide 2: The year in summary – successfully ticking off the list to production
For personal use only The year in summary – successfully ticking off the list to production Delivered the Ativa Indicated/Inferred resource of 51Mt @19.8% TGC. Stunning result for only one small portion of the Balama Project. More to come from Balama East and Mualia Confirmed simple metallurgy f
Slide 3: Scoping Study results
For personal use only Scoping Study results The Scoping study, undertaken by Snowden Mining Industry Consultants, has delivered and confirmed an exceptionally robust financial outlook for the Balama project: Low capital cost of US$92 million, Mine gate cost of US$102/t, FOB costs of US$198/t at
Slide 4: Significant Milestones Achieved to Date
For personal use only Significant Milestones Achieved to Date Q3 Q4 2013 November 2011 June 2013 • Mining License applied for Acquisition of Southeast January 2013 Balama • Pre-construction activities underway Africa exploration portfolio – Maiden Balama Scoping Study • Water license secured includi
Slide 5: Our vision of the next months to production
For personal use only Our vision of the next 15 months to production Q4 2013 Q2 2014 Q1 2015 Feasibility study released Construction Begins Commissioning from Feasibility with exceptionally robust Equipment ordered December 2014with a 3 numbers, a simple plant Earthworks and infrastructure completed
Slide 6: The Balama Resource: incredibly large, growing and versatile
For personal use only The Balama Resource: incredibly large, growing and versatile Global Inferred resource of 1.15Bt @10.2% TGC and 0.23% V2O5 Ativa Zone – Recent infill drilling more than doubled the resource tonnage and upgraded resource classification to Indicated and Inferred 51 million to
Slide 7: Metallurgy
For personal use only Metallurgy Simple Graphite metallurgy Vanadium – significant upside potential Metallurgical test work has been conducted Vanadium is not in the current scoping study on Balama graphitic material by Mintek, Initial testwork indicates that the vanadium specialist graphite p
Slide 8: Video
Video For personal use only 7 Youtube link: http://www.youtube.com/watch?v=iEX7JU_yzjU 7
Slide 9: Key Infrastructure
For personal use only Key Infrastructure Pemba Port Road: Pemba to Balama Chipembe Dam Power Lines near Balama Located within close proximity of deep water port facilities at Pemba (~240km) − Third largest port in Mozambique. Ports of Africa confirmed available capacity for Balama product through
Slide 10: Community development
For personal use only Community development Significant investment has been made in local infrastructure −Water bores drilled for use in neighbouring villages and Infrastructure programs commenced at Balama hospital Strong supporter of local economies −Large employer of local labour and developi
Slide 11: Board of Directors and Management Team
10 For personal use only Board of Directors and Management Team Tom Eadie Twenty years experience within the junior resources sector and at technical to senior executive levels with major mining companies Non-Executive chairman He is a past board member of Royalco Resources Ltd, the Australasian
Slide 12: Current capital structure
0 1 2 3 4 13 Nov Oct Sep Aug July June May Apr Mar Feb For personal use only Current capital structure Overview Syrah price and volume – last 2 years ASX listed Market capitalisation (undiluted) of A$383 million at A$2.58/share as at 18 November 2013 148,410,123 shares on issue 4,209,467 opt
Slide 13: 2013 Conclusion
For personal use only 2013 Conclusion A globally giant, coarse flake, high grade natural graphite deposit with potential for significant vanadium credits. Significant exploration potential Scoping Study confirms compelling project economics Projected lowest operating costs globally and low cap
Slide 14: Thankyou
For personal use only Syrah Resources Limited 2013 Annual General Meeting Presentation Thankyou Melbourne 19 November 2013 Image: Core from Ativa Zone being logged at Balama
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