Apc Minerals Limited · ASX:APC
Apc Minerals — Australian Potash — Shareholder Meeting (November 2022)
21 slides from Apc Minerals's shareholder meeting presentation, Nov 30, 2022
Slide 1: Annual General Meeting Presentation
ASX ANNOUNCEMENT ASX: APC 30 November 2022 For personal use only Annual General Meeting Presentation Australian Potash Limited (ASX: APC or the Company) is pleased to provide a copy of the presentation that will be given this afternoon by Managing Director & CEO Matt Shackleton at the Company’s annu
Slide 2: About Australian Potash Limited
About Australian Potash Limited APC holds a 100% interest in the Lake Wells Sulphate of Potash For personal use only (LSOP), located approximately 500km northeast of Kalgoorlie, in Western Australia's Eastern Goldfields. The Company is finalising pre-development plans for commencement of constructio
Slide 3: Lake Wells Sulphate of Potash Project AGM Presentation
For personal use only Australian Potash Limited Lake Wells Sulphate of Potash Project Annual General Meeting Presentation 30 November 2022
Slide 4: Disclaimer
Disclaimer Nature of this document For personal use only This presentation has been prepared by Australian Potash Limited (APC or the Company). The information is based on publicly available information, internally developed data and other sources. By receiving this presentation, you acknowledge and
Slide 5: The Western Australian Potash Scene
The Western Australian Potash Scene Some hiccups, some success, some failure For personal use only Global scale resources which position WA at the forefront of the world’s SOP industry Sustainable production reducing global CO2eq emissions from fertiliser chain WA is consistently ranked in the
Slide 6: The Western Australian Potash Scene: Relative price performance
The Western Australian Potash Scene What has happened? For personal use only Rela�ve price performance* 214 Rebased to 100 164 114 64 14 23-Mar-21 03-Mar-22 25-Nov-20 25-Jan-21 20-May-21 16-Jul-21 05-Nov-21 05-Jan-22 03-May-22 29-Jun-22 20-Oct-22 10-Sep-21 24-Aug-22 APC.ASX AMN.ASX BCI.ASX DNK.ASX K
Slide 7: WA SOP sector: investment vs market value
The Western Australian Potash Scene What has happened? For personal use only WA SOP sector 0 200 400 600 800 1000 1200 $ invested in exploration & development by SOP sector 1 $ value attributed to SOP sector by stock market 2 1. Compiled using information released to the ASX by AMN, APC, KLL, RWD, S
Slide 8: The Western Australian Potash Scene: What has happened?
The Western Australian Potash Scene What has happened? For personal use only Crisis of retail investor confidence created by complete or repeated failures in execution Salt Lake Potash over-promised and under-delivered; administration Kalium Lakes’ execution under-costed and ramp-up continuall
Slide 9: Cannot ignore the importance of fertiliser production
Cannot ignore the importance of fertiliser production For personal use only * * Source: www.medigo.com/blog/infographics/lifesaving-innovations/ & Fertilizer Australia www.australianpotash.com.au 7
Slide 10: Potash: Why is it fundamental?
Potash Why is it fundamental? For personal use only On 15 November 2022 – two weeks ago – global population* officially reached 8 billion people More people = more food = better farming techniques = better fertilisers SOP is the premium form of Potash * Source: United Nations, Day of 8 billion
Slide 11: Lake Wells SOP Project
. Lake Wells SOP Project How did we improve Stage 1 of your principal project?* For personal use only Net present value 65% A$1.01 Billion Free cashflow 30% A$155m pa Annual production 21% 205 ktpa Brine abstraction 5% 712 L/s Internal rate of return 5% 22% Payback period 4% 4.3 years * Refer ASX An
Slide 12: The path ahead: Challenges equal opportunities
The path ahead Challenges equal opportunities For personal use only Challenge Opportunity Crisis of retail Investment from industry, professional investors, 1 investor confidence strategic partners 2 Technical talent Continued development of technical skill sets within the WA industry Sect
Slide 13: Values and sustainability pillars
Values and sustainability pillars Inaugural Sustainability Report For personal use only released reflecting APC’s leading edge approach to ESG Laverton Training Centre +70 remote and disadvantaged Aboriginal people have completed units in the Cert II Rural (Ranger) Operations +200 units deli
Slide 14: Leadership Team
Leadership Team Dr Natalia Streltsova Board of Directors Ryan Duncan Management Team For personal use only Non-Executive Chair Technical Manager Over 25 years’ minerals industry experience, extensive Industrial Chemist with +15 years’ experience operational experience with BHP Group and Vale S.A
Slide 15: Potassium pricing at record decade level highs
Potassium pricing at record decade level highs* For personal use only * Source: Argus Consulting. www.australianpotash.com.au 13
Slide 16: OPEX Lowest Quartile Global Cost Curve
OPEX Lowest Quartile Global Cost Curve ($2021)* For personal use only Argus Media, 2022 * Source: Argus Consulting. www.australianpotash.com.au 14
Slide 17: Global SOP Demand Forecast 2019 – 2035
Global SOP Demand Forecast 2019 – 2035* SOP demand forecast by region* Argus Media, 2022 For personal use only NE Asia demand forecast, 2019-2035 Middle East and Africa demand forecast, 2019- Mn t 2035 6 Mn t 0.8 5 +0.5% +3.1pc 0.7 4 0.6 3 0.5 0.4 Total global SOP demand expected to 2 0.3 0.2 1 0.1
Slide 18: Global SOP Capacity Forecast 2021 – 2026
Global SOP Capacity Forecast 2021 – 2026* For personal use only Global SOP Capacity Expansions SOP production emerging in Australia while China maintains its dominant position in global supply Global SOP Capacity Forecast mn t 14 China 12 Western Europe 10 Other Asia 8 North America Latin America 6
Slide 19: Conclusions
Conclusions For personal use only Potash: essential, non-substitutable nutrient that is integral to food production solutions to feed the world Western Australian SOP resources: world class, multi-generational project opportunities Ignore as best as possible: see past the poor investment senti
Slide 20: Q&A
For personal use only Q&A www.australianpotash.com.au 18
Slide 21: Australian Potash Limited
For personal use only Australian Potash Limited (ASX: APC) Tel: (08) 9322 1033 Email: admin@australianpotash.com.au Website: www.australianpotash.com.au www.australianpotash.com.au 19
Australian Potash — Shareholder Meeting (November 2022) on 6ix