Neometals Ltd · ASX:NMT
Neometals — Shareholder Meeting (November 2019)
42 slides from Neometals's shareholder meeting presentation, Nov 20, 2019
Slide 1: AGM Presentation – November 2019
For personal use only All the right elements ® AGM Presentation – November 2019 ASX Code: NMT OTC/Nasdaq Intl: RDRUY + Ti/V = 1
Slide 2: Disclaimer
Disclaimer For personal use only Summary information: This document has been prepared by Neometals Ltd (“Neometals” or “the Company”) to provide summary information about the Company and its associated entities and their activities current as at the date of this document. The information contained i
Slide 3: Corporate Video
Corporate Video For personal use only + Ti/V = 3
Slide 4: Executive Summary
Executive Summary For personal use only • ASX listed project developer (ticker ‘NMT’) • Focus on integrated mineral/materials for the EV and ESS sectors • Established in 2003, team of 20, Perth HQ and research laboratory in Montreal • Team with growing track record in delivering project outcomes: •
Slide 5: Who we are
Who we are For personal use only NE Board Members Management Team Chris Reed Jason Carone Michael Tamlin Darren Managing Director / Company Secretary / CFO COO Townsend CEO CDO Paul Wallwork Jeremy Mcmanus Gavin Beer Matthew Read Andy Robb David Robinson Greg Hudson GM – Marketing and GM – Commercia
Slide 6: What we do – clear growth strategy
What we do – clear growth strategy For personal use only • Neometals is pursuing multiple opportunities - strategy is clear • Story is not complicated, but approach is different: • We identify value – organic (Li refinery/battery recycling) and M&A (Mt Edwards) • We build value – with the drill bit/
Slide 7: What we have
What we have For personal use only • Core projects (final stages of evaluation): 1. Lithium-Ion Battery Recycling Project (Pilot-stage, 100% NMT, MOU for 50:50 JV); 2. Lithium Refinery Project (DFS Stage, MOU 50:50 JV); and 3. Barrambie Titanium and Vanadium Project (DFS Stage, 100% NMT, MOU for 50:
Slide 8: Serving the Raw Materials Supply Chains for the EV & ESS Revolution
Serving the Raw Materials Supply Chains for the EV & ESS Revolution is a once in a lifetime opportunity For personal use only + Ti/V = 8
Slide 9: Peer Comparisons
Peer Comparisons For personal use only + Ti/V = 9
Slide 10: Corporate Overview
Corporate Overview For personal use only ASX: NMT OTC:RDRUY 12 Month Share Price Performance Shares on Issue1 m 544.44 0.35 2,000 Share Price (8-Nov-19) A$ 0.19 1,800 Market capitalisation (8-Nov-19) A$m 103.4 0.30 1,600 Cash (30-Sept-19) A$m 107.1 1,400 Volume (‘000s) Debt (30-Sept-19) A$m - 0.25 1
Slide 11: Recycling and Recovery – Li Ion Battery Recycling Project
For personal use only Recycling and Recovery Li Ion Battery Recycling Project Neometals 100% + Ti/V =
Slide 12: Video
12 For personal use only Video + Ti/V =
Slide 13: Opportunity
Opportunity For personal use only We have strong conviction in the long-term EV/ESS thematic and that the batteries wear out! + Ti/V = 13
Slide 14: Opportunity
Opportunity For personal use only Pressure on companies: • Regulatory requirement (CA, EU) • Fire/Environmental safety • Stakeholder sustainability (ethical sourcing) pressure • Mineral/material scarcity Pressure on Governments: • Domestic sovereignty • Critical minerals • Circular economy + Ti/V =
Slide 15: Solution
15 For personal use only Solution + Ti/V =
Slide 16: Strong financial metrics
Strong financial metrics For personal use only Please refer to ASX announcement 4 June 2019 titled + Ti/V = “Battery Recycling – Scoping Study Results” 16
Slide 17: MOU for 50:50 JV with global EPC house
MOU for 50:50 JV with global EPC house For personal use only • SMS Group leading manufacturer of metallurgical plants (2600 new plants and modernisations since 2000), +13,000 employees in 95 sites around the world, operating successfully for +140 years. • Neometals to complete current pilot-scale te
Slide 18: Recycling Project Status
Recycling Project Status For personal use only + Ti/V = 18
Slide 19: Downstream processing – Lithium Refinery Project
For personal use only Downstream processing Lithium Refinery Project Neometals MoU for 50:50 JV with Manikaran Power + Ti/V =
Slide 20: Opportunity – Massive supply shortage will emerge in mid-2020’s
Opportunity – Massive supply shortage will emerge in mid-2020’s For personal use only + Ti/V = 20
Slide 21: Solution - MOU for India’s first Lithium Refinery
Solution - MOU for India’s first Lithium Refinery For personal use only • MOU in place with Manikaran Power (50 Hertz) for jointly funded feasibility evaluation of first lithium refinery in India • Manikaran the 3rd largest Indian power trading company. Has extensive renewable interests • A positive
Slide 22: Potential for significant co-product revenue
Potential for significant co-product revenue For personal use only • Developed patent pending process to synthesize zeolite from LR residue rather than traditional chemical precursors • Zeolite used as molecular sieve in gas purification, water treatment and green chemistry applications. Large +US$1
Slide 23: Refinery Project Status
Refinery Project Status For personal use only + Ti/V = 23
Slide 24: Titanium and Vanadium – Barrambie
Ti/V For personal use only Titanium and Vanadium • Barrambie Lithium Refinery Project + Ti/V = 24
Slide 25: Opportunity Ti/V
Opportunity Ti/V For personal use only + Ti/V = 25
Slide 26: Barrambie VTM Project
Barrambie VTM Project Ti/V For personal use only One of the highest-grade hard-rock Titanium assets and one of the largest Vanadium projects globally • 100% Owned • A$30M spent to date in exploration/ evaluation (inc. 55,000m of drilling) • Granted mining lease • Completed DFS on primary vanadium on
Slide 27: Solution: Unlocking titanium
Solution: Unlocking titanium Ti/V For personal use only Complete Demonstration Plant 2020 Please refer to ASX announcement 22 May 2019 titled “Barrambie Vanadium + Ti/V = DFS Results and Start of Titanium Pilot” and supporting information for Barrambie JORC Mineral Resource information 27
Slide 28: MOU for 50:50 Operating JV with leading Ti-V research institute
MOU for 50:50 Operating JV with Ti/V leading Ti-V research institute For personal use only • IMUMR has national mandate to develop upstream supply chains for strategic industries. China is half of global titanium pigment production. • Neometals to complete current pilot-scale test work, aim to compl
Slide 29: Barrambie Project Status
Barrambie Project Status Ti/V For personal use only + Ti/V = 29
Slide 30: Exploration – Mt Edwards Project
Ni For personal use only Exploration • Mt Edwards Project Lithium Refinery Project + Ti/V = 30
Slide 31: Project Flythrough
Project Flythrough Ni For personal use only + Ti/V = 31
Slide 32: Eastern Dome Resources
Eastern Dome Resources Ni For personal use only + Ti/V = 32
Slide 33: FY19 Exploration – Zabel & 132N Deposits
FY19 Exploration – Zabel & 132N Deposits Ni For personal use only • Small, considered drill programs to confirm and increase confidence in the Mineral Resources, and identify high-grade mineralisation. • FY19 drilled the 132N, Zabel deposits • Recently Widgie 3 and Gillet, results pending • Signific
Slide 34: SepQ19 Exploration – Munda Deposit
SepQ19 Exploration – Munda Deposit Ni For personal use only • Nickel Mineral rights to the Munda Project, M15/87 • Located right in the middle of the tenement package. • Diamond Core drilling here (8.2m @ 2.5% including 2.3m @ 6.11% Ni)* • Maiden Nickel Resource containing 7,140 t Ni ** The nickel m
Slide 35: Neometals Regional Exploration Strategy
Neometals Regional Exploration Strategy Ni For personal use only • May 2019 engaged Newexco to assist in future discoveries • Many targets left untested (+50 historical targets) • Newexco have noted that previously many inferior geophysics techniques were used (DHEM - coil sensors not fluxgate / Squ
Slide 36: Lake Eaton Prospect
Lake Eaton Prospect Ni For personal use only • Neometals conducted exploration at Lake Eaton prospect Directly NW of Cassini • Geochemical analysis indicates classic Kambalda style komatiite channel • Anomalous nickel in ultramafic in MERC073 • Encouraging sniffs including 1m at 1.22% Nickel at 55 m
Slide 37: Company Highlights
Company Highlights For personal use only SECURITY Strong balance sheet A$107.1* plus $9.4M investments, no debt Strong board and management team, collectively the largest shareholders Consistent approach - history of partnering to collate expertise and achieve optimum scale, risk and return
Slide 38: Thank you
For personal use only Thank you www.neometals.com.au + Ti/V = 38
Slide 39: Supporting Information
For personal use only SUPPORTING INFORMATION + Ti/V = 39
Slide 40: Barrambie Mineral Resource Estimate
Barrambie Mineral Resource Estimate Ti/V For personal use only + Ti/V = 40
Slide 41: Mt Edwards Mineral Resource Estimate
Mt Edwards Mineral Resource Estimate as at 13 November 2019, for a block cut‐off grade of 1% Ni, except Munda Mineral Resource uses a 1.5% Ni Ni block cut‐off. Ni For personal use only Measured Indicated Inferred TOTAL Mineral Resources Tonne Nickel Tonne Nickel Tonne Nickel Tonne Nickel Nickel Depo
Slide 42: Mt Edwards Mineral Resource Estimate
Mt Edwards Mineral Resource Estimate as at 13 November 2019, for a block cut‐off grade of 1% Ni, except Munda Mineral Resource uses a 1.5% Ni Ni Ni block cut‐off. For personal use only Competent Person Attribution The information in this report that relates to Exploration Results is based on informa