Cobalt Blue Holdings Ltd. · ASX:COB
Cobalt Blue — Investor Presentation (April 2018)
25 slides from Cobalt Blue's investor presentation, April 2018
Slide 1: Investor Presentation
Q2 2018 Investor Presentation COB : ASX
Slide 2: Cobalt – our increasing dependency
Cobalt – our increasing dependency Consumer Electronics Technology Disruption Evolution of Superalloys SMART PHONE FIXED STORAGE 1958: Size = 5.5 Wh Size = 7 kWh BOEING 707 Cobalt: 6grams Cobalt: 3 kgs Cobalt: 15 kgs (*A$0.50) (*A$240) (*A$1,200) Cobalt Sulphates TABLET 1994: BATTERY ELECTRIC BOEING
Slide 3: Cobalt Demand +70% next decade
Cobalt Demand +70% next decade …….driven by >300% Cobalt Sulphate Source: CRU, Cobalt Blue Holdings Ltd 3
Slide 4: Thackaringa – mine to battery strategy
Thackaringa – mine to battery strategy Co ~25-35% payable Co ~105% payable Traditional Cobalt Model Cobalt Blue Model Source: Cobalt Blue Holdings Ltd 4
Slide 5: Thackaringa – People, Power, Water, Road, Rail
Thackaringa – People, Power, Water, Road, Rail Source: Cobalt Blue Holdings 5
Slide 6: Cobalt Blue = Thackaringa + Process
Cobalt Blue = Thackaringa + Process COB takes first step in process rollout Cobalt Blue - beyond Thackaringa Cooperation with Havilah Resources Potential cobalt district in Broken Hill Source: Havilah Resources & Cobalt Blue Holdings 6
Slide 7: The Cobalt Blue Management Team
The Cobalt Blue Management Team “Extensive expertise in mineral exploration and mine development, investment management, corporate law and energy storage.” Chief Executive Officer – Joe Kaderavek Deutsche Bank, Head of Resources, equities / investment management, resources and energy storage techn
Slide 8: COB – World Class Integrated Cobalt Refinery
COB – World Class Integrated Cobalt Refinery Top 5 global cobalt supplier – 20,000tpa cobalt sulphate with >20 year life Thackaringa - natural advantage - cobalt + sulphur COB - only primary cobalt play listed on ASX Australia - safe and secure jurisdiction Share Catalysts: 3 months - Pre
Slide 9: Appendix
:: CobaltBlue green energy technology
Slide 10: Cobalt Blue Achievements
Cobalt Blue Achievements 1. IPO February 2017 2. Scoping Study January - June 2017 showed positive project potential (not released to market) Drilled 22 diamond holes, and 38 RC holes for 12,000 m Upgraded resource to 54.9Mt at 900 ppm Cobalt = 50,000 t Co 3. Commenced Pre-Feasibility Study Augu
Slide 11: CY18 - another big year for Cobalt Blue
“CY18 - another big year for Cobalt Blue” >13,000m of drilling targeted for CY18 = One of the largest cobalt exploration commitments on the ASX ASPIRATIONAL TARGET: Significant improvement in size of the Thackaringa cobalt deposit = A global top 5 mining operation with 20 year + life OUR SCHEDULE OF
Slide 12: Cobalt – less growth
Cobalt – less growth Cobalt supply constrained Cobalt supply growth in copper/nickel by-product will average 3-4% to 2020. Cobalt demand growth will average 9% to 2020. Forecast cobalt shortage of 10-20Kt by 2020. Source: CRU Cobalt Blue tonnes are required for market balance in the longer t
Slide 13: Cobalt – the new energy revolution
Cobalt – the new energy revolution Share of raw materials’ end-use in batteries, 2015 The New Energy sector is disruptive, rapidly evolving, and delivering returns INCREASINGLY INVESTABLE: Cyclical winners and losers as the sector progresses. RAW MATERIALS: Cobalt is a vital component in recharg
Slide 14: Cobalt Market - Supply Side at Risk
Cobalt Market - Supply Side at Risk Source: CRU & Cobalt Blue Holdings 14
Slide 15: Thackaringa – Historical cobalt pricing
Thackaringa – Historical cobalt pricing Source: CRU & Cobalt Blue Holdings Ltd 15
Slide 16: Thackaringa – Site Layout
Thackaringa – Site Layout Source: Cobalt Blue Holdings 16
Slide 17: Thackaringa – significant defined resources
Thackaringa – significant defined resources Source: Cobalt Blue Holdings 17
Slide 18: Thackaringa – Railway Deposit
Thackaringa – Railway Deposit Railway Deposit Source: Cobalt Blue Holdings 18
Slide 19: Thackaringa - Pyrite Hill Deposit
Thackaringa - Pyrite Hill Deposit Pyrite Hill Deposit Source: Cobalt Blue Holdings 19
Slide 20: Thackaringa - processing summary
Thackaringa - processing summary Source: June 2017 Scoping Study – Cobalt Blue Holdings Minimum target payment terms: 100% LME cobalt pricing High-grade cobalt sulphate crystals possible for 5-10% premium margin 20
Slide 21: Thackaringa – Comparison with ASX peers
Thackaringa – Comparison with ASX peers After simple gravity concentration ROM Grade Source: Cobalt Blue Holdings Ltd Note: Revenue stream figures are based solely upon head grades converted in revenues at spot prices. 21
Slide 22: COB – Position in POX Industry
COB – Position in POX Industry Source: Cobalt Blue Holdings Ltd
Slide 23: Processing - Concentrate
Processing - Concentrate Testwork material - 820 kg of ore composited in August 2017. Ore was crushed to p100 @ 1.2 mm and passed through a gravity spiral circuit. The tails were screened, with the fines subjected to froth flotation. The gravity and flotation concentrates were combined into a single
Slide 24: Processing – Calcine & Leach
Processing – Calcine & Leach 100 kg of concentrate produced in November is being treated through the calcine and leach unit operations. The concentrate is thermally treated to remove some of the sulphur into the gas phase. The resulting solid calcine is then leached to extract cobalt into solution.
Slide 25: Disclaimer
Disclaimer The information contained in this confidential document (“Presentation”) has been prepared by Cobalt Blue Holdings (the “Company”). It has not been fully verified and is subject to material updating, revision and further amendment. While the information contained herein has been prepared
Cobalt Blue Holdings — Investor Presentation (April 2018) on 6ix