Iron Road Ltd · ASX:IRD
Iron Road — Shareholder Meeting (November 2015)
16 slides from Iron Road's shareholder meeting presentation, Nov 27, 2015
Slide 1: Annual General Meeting - Managing Director's presentation
Annual General Meeting Managing Director's presentation 27 November 2015 Annual General Meeting
Slide 2: Cautionary Statements
Cautionary Statements Forward Looking Statements This announcement contains certain statements with respect to future matters which may constitute "forward-looking statements". Such statements are only predictions and are subject to inherent risks and uncertainties which could cause actual values, r
Slide 3: Cautionary Statements (continued)
Cautionary Statements Competent Persons’ Statements - continued The information in this report that relates to Resources estimated in 2013 for the Murphy South/Rob Roy (Fresh) prospect is based on and fairly represents information and supporting documentation compiled by Ms Heather Pearce, who is a
Slide 4: Central Eyre Iron Project
Central Eyre Iron Project Credible foundation built • Orebody scale (Resource Reserve) • Positive bulk test work programme • Optimisation study • MLP and EIS Building relationships in difficult times • Steel mills (5 MoUs) • Large construction / engineering groups • International pension funds (AIXI
Slide 5: Mine Plan Optimisation
Mine Plan Optimisation
Slide 6: Process Design Integrated Waste Landform
Process Design Integrated Waste Landform – finalised – design awarded, eliminates tailings dam Port Infrastructure Corridor – multi-user access – rail, water, power
Slide 7: Central Eyre Iron Project infrastructure map
Wudinna —________ Proposed long term employee village Lae Proposed | Mining Lease Proposed ) borefield | Exploration Licences Se Mining Lease Boundary —— ~~ Main Road “oss. Railway ‘eee Infrastructure Corridor Spe Borefield ——~ Power Transmission Line Proposed Cape Hardy Port fs... Proposed ) infras
Slide 8: Viable For The Long Term
Viable For The Long Term 60.0 CEIP 66.5% Fe Concentrate - Breakeven Price Assessment (pre-interest) @ 31 Mar 2015 43 50.0 2.0 6.9 | i 2 € 40.0 | AUD =0.7634 USD 2 2 = ro] E 30.0 = 3s . 6 a BR 20.0 $ 37.7 10.0 0.0 FOB Avg Cash Costs Shipping (Cape Hardy SA Royalty(5%ex- Sustaining Capex Price Adjustm
Slide 9: Not Walking Alone: Mine to Customer Solution
Not Walking Mine to Customer Alone Solution 9
Slide 10: Not Walking Alone: Mine to Customer Solution
Not Walking Mine to Customer Alone Solution 10
Slide 11: The Path to CEIP Development
The Path to CEIP Development 1950-60 2008 2008-14 Feb 2014 Apr 2014 2013-15 Sep 2015 Oct 2015 Q2 2016 Q2 2016 Q4 2016 2017 2020 11
Slide 12: Project Assessment: Mine to Customer Solution
Mine toProject Assessment Customer Solution 12
Slide 13: Wudinna DC population trend
2000 1500 1976 mm (125; 1981 | 1986 | 1991 | 1996 | 2001 jm Actual population numbers (ABS) Upper predicted population trend if CEIP does progress 2006 | 2011 2016 | 2021 | 2026 | 2031 ts Wudinna DC 25 YEAR LIFE OF MINE 2041 797 ™ Predicted population trend based on -— 1996-2011 data if CEIP does no
Slide 14: 2015 has been a year of convergence
2015 has been a year of convergence Parallel work streams over 7 year journey have delivered a de-risked project Benefits of premium product confirmed by customers Competitive cost structure through the pricing cycle can be further enhanced Building real relationships to maintain development momentu
Slide 15: Appendix – CEIP Resource Statement & Indicative Concentrate Specifications
Appendix 1 – CEIP Resource Statement & Indicative Concentrate Specifications CEIP Global Mineral Resource Tonnes Fe SiO2 Al2O3 P Location Classification (Mt) (%) (%) (%) (%) Measured 2,222 15.69 53.70 12.84 0.08 Murphy South/Rob Roy Indicated 474 15.6 53.7 12.8 0.08 Inferred 667 16 53 12 0.08 Indica
Slide 16: Appendix – CEIP Reserve Statement
Appendix 2 – CEIP Reserve Statement CEIP Global Mineral Reserve Tonnes Fe SiO2 Al2O3 P Location Classification (Mt) (%) (%) (%) (%) Murphy Proved 1,871 15.6 53.9 12.8 0.08 South/Rob Roy Probable 200 15.1 58.5 13.8 0.08 Total 2,071 15.5 54.3 12.9 0.08 The information in this report that relates to Re