Cauldron Energy Limited · ASX:CXU
Cauldron Energy — RIU Resurgence Conference 2023
27 slides from Cauldron Energy's conference presentation, Nov 22, 2023
Slide 1: RIU Resurgence Conference – Link and Investor Presentation
ASX Announcement 22 November 2023 RIU Resurgence Conference – Link and Investor Presentation Cauldron Energy Limited (Cauldron or the Company) (ASX: CXU) is pleased to advise that the Company’s CEO, Jonathan Fisher, is presenting today at 3:15pm (AWST) at the RIU Conference in Perth. A copy of the I
Slide 2: Investor Presentation
ASX: CXU Cauldron Energy Limited ABN 22 102 912 783 For personal use only Investor Presentation Jonathan Fisher, CEO RIU The Next Big Discovery 22-23 November 2023, Westin Hotel, Perth @cxuasx 1
Slide 3: The Time is NOW to Invest in CXU
The Time is NOW to Invest in CXU Cauldron has successfully prosecuted its turn around strategy. Multiple positive factors driving investor interest. For personal use only • Nuclear recognised as critical to delivering baseload electricity for a low carbon future Uranium Bull • Fundamental mismatch o
Slide 4: Corporate Overview
Corporate Overview Backing the new team to deliver. Significant uptick in liquidity recently. For personal use only Company Details Highly Experienced New Management Team Company ASX Code CXU CXU Share Price as at close of market on17 Nov 2023 1.7c Ian Jonathan Fisher Mulholland CEO Ordinary Shares
Slide 5: Current Project Portfolio Overview
Current Project Portfolio Overview Cauldron’s portfolio of projects offers exposure to commodities that include uranium and sand; with exciting exploration potential incl Cu, Ni, PGEs and rare earths. Gold successfully divested and broader energy transition For personal use only exploration and M&A
Slide 6: For personal use only
if highly’ prospective linear pal laec fort py wile TheHanrey Project fea is fully’ cantalied by. Pearse caer
Slide 7: Global Nuclear in Overdrive
Global Nuclear in Overdrive Nuclear is recognized as a core technology to achieve Net Zero; and projections for its use are skyrocketing. For personal use only Existing Modelling Showing MASSIVE Even under REFERENCE scenario, EVEN HIGHER - Upcoming COP28 to Increase in capacity MASSIVE shortfall in
Slide 8: The Uranium Should Come from Australia
The Uranium Should Come from Australia World leading mining jurisdiction; geopolitically aligned and with significant expertise. For personal use only Australia has world largest resources Australian Advantages Opportunities and Issues to Resolve Country Tonnes U Percentage of • Long history of succ
Slide 9: Recent Uranium Market Pricing and Fundamentals
Recent Uranium Market Pricing and Fundamentals Sentiment in the uranium market is very strong; with investors scouring the globe for exposure in western friendly countries. For personal use only Uranium Spot Pricing “I can honestly tell you the fundamentals of the uranium market are the strongest I’
Slide 10: Policy: The State of Play in WA and Federal
Policy: The State of Play in WA (Uranium Mining) and Federal (Nuclear Generation) There has been a massive increase in the coverage of nuclear related issues in Australia; reflecting the global trend. For personal use only Nuclear – AUKUS – is Australia “Half Pregnant” • Bipartisan support for AUKUS
Slide 11: Community Discussion and Investor Engagement
Community Discussion and Investor Engagement Momentum is building towards a change in policy on both the uranium and nuclear front; Cauldron at the forefront of elevating the dialogue and keeping shareholders informed and engaged. For personal use only Increasing community interest is in parallel wi
Slide 12: What do the 2023 Polls say in Australia?
What do the 2023 Polls say in Australia? A plethora of different polls – All showing support for nuclear / uranium. For personal use only Nuclear Energy – Essential Poll Uranium Mining in WA – ABC poll from Q and A – Nuclear 30 Oct 2023 Minerals Council, 2023 Energy Do you Support Uranium Mining in
Slide 13: What could a Uranium Mining Industry Bring to WA?
What could a Uranium Mining Industry Bring to WA? For personal use only Broad economic Thousands of New Jobs! Revenues for the state! benefits for the State! Exploration activity New Royalties Diversification (jobs, New project builds Income Taxes commodity price, etc) Site operations
Slide 14: Yanrey: Uranium With Potential For Other Commodities
Yanrey: Uranium With Potential For Other Commodities High quality foundation asset with significant potential for growth; Planning for drill campaign underway (PoW recently approved by DMIRS) For personal use only Location Regional factors Commentary • Other major deposits in region, e.g. – Manyinge
Slide 15: Yanrey - Bennet Well Deposit
Yanrey - Bennet Well Deposit Significant Resource with multiple high priority extension targets. For personal use only Resource Grade Contained Contained Tonne Category (ppm Metal Metal s (Mt) (150 cutoff) eU3O8) Oxide (t) Oxide (Mlb) Indicated 21.9 375 8,230 18.1 Inferred 16.9 335 5,670 12.5 Signif
Slide 16: Yanrey – PoW Approved By DMIRS for Drilling
Yanrey – PoW Approved By DMIRS for Drilling Even under current WA policy, exploration drilling for Uranium is allowed. For personal use only • Bennet Well is already a large deposit, but is broadly underexplored and management are confident there 1 2 are low risk opportunities to expand the resource
Slide 17: Melrose Project
For personal use only Melrose Project Dalwallinu, WA 16 16
Slide 18: Melrose Project – EM Results and Drill Planning
Melrose Project – EM Results and Drill Planning EM Survey has identified potential drilling targets along a linear trend coincident with magnetic anomalies and shallow historical air-core drill-holes with elevated levels of nickel and copper 2 For personal use only History and Data • Electromagnetic
Slide 19: Melrose Project – EM Survey in Pictures
Melrose Project – EM Survey in Pictures EM survey completed; on time; on budget; without incident. For personal use only 18
Slide 20: Corporate
For personal use only Corporate 19 19
Slide 21: Project Next Steps
Project Next Steps Near term milestones focused on Melrose and Yanrey. For personal use only New 3D Magnetic Inversion Electro-Magnetic Survey to Landowner Engagement Submit PoW to DMIRS and Drilling modelling further map EM conductors approval Melrose ~ Q4 CY2023 (ie post harvet) Engage
Slide 22: Value Proposition and Catalysts
Value Proposition and Catalysts Undervalued v peers; strong price catalysts and favourable commodity momentum. For personal use only Peer comparison as at 6 September 2023 based on EV / lb U3O8 Price Catalysts • Global Uranium Market Sentiment 20 18 • Significantly more eyes on the stock; understand
Slide 23: Contacts
For personal use only Contacts Jonathan Fisher Chief Executive Officer jonathan.fisher@cauldronenergy.com.au Michael Fry Director / CoSec Michael.fry@cauldronenergy.com.au @cxuasx 22
Slide 24: Important Information
Important Information For personal use only This Presentation may include statements that could be deemed ‘forward looking statements.’ Although the Company believes the expectations Forward Looking Statements expressed in such forward-looking statements are based on reasonable assumptions, such sta
Slide 25: Competent Person Information
Competent Person Information The information in this Presentation that relates to the potential for uranium and other mineralisation including that of vanadium, rare earths, copper, For personal use only nickel and PGE’s, at the Yanrey Uranium Project is extracted from a report released to the Austr
Slide 26: Mineral Resources – Bennett Well Deposit
Mineral Resources – Bennett Well Deposit The Mineral Resource (JORC 2012) estimate is: Inferred Resource: 16.9 Mt at 335 ppm eU3O8 for total contained uranium-oxide of 12.5 Mlb (5,670 t) at 150 ppm cut-off. For personal use only Indicated Resource: 21.9 Mt at 375 ppm eU3O8 for total contained uraniu
Slide 27: Appendix: Peer Group Details
Appendix: Peer Group Details (updated 6 Sept 2023) For personal use only Shares Mkt Cap Grade, U3O8 EV/Mlb Code Company Price Cash EV 1 Year Mt U3O8 (t) Project EV/t U3O8 Stage Issued (M) $M ppm (Mlbs) U3O8 Source Notes --> 1 2 calc 3 calc 4 5 6 calc calc calc calc 7 LOT Lotus Resources Ltd $0.26 1,