Minbos Resources Limited · ASX:MNB
Minbos Resources — Africa Down Under 2011
18 slides from Minbos Resources's conference presentation, September 2011
Slide 1: Emerging African Phosphate Developer
For personal use only Emerging African Phosphate Developer Africa Down Under September 2011
Slide 2: Important Notice
Important Notice For personal use only Minbos Resources Limited (“Minbos”) has prepared this presentation (the “Presentation”) solely for the benefit of the Recipient. This Presentation is provided solely for the purpose of assisting the Recipient in its evaluation of Minbos and its phosphate develo
Slide 3: Why Phosphate?
Why Phosphate? For personal use only Phosphate Fertilizers Facilitate PHOSPHATE IS AN ESSENTIAL • Root development INPUT FOR FERTILIZERS • Water-use efficiency • Early plant maturity • Higher crop yields Factors Driving Long-Term Fertilizer Demand • Rising world population • Changing diets as income
Slide 4: Why Phosphate
Why Phosphate For personal use only Phosphate’s contribution to major fertilizer 32% – 33% P2O5 FOB Morrocco producers Average Price over 50 year • Vale - 61% Period • Mosaic - 49% 500 • Phosagro - 90% 450 400 350 Supply 300 250 • New supply, high CAPEX & OPEX 200 • ROM Ore grade declining 150 • 70%
Slide 5: Overview of Minbos Resources Ltd
Overview of Minbos Resources Ltd For personal use only • Holds a significant position (400,000ha) in the Cabinda Province of Angola and Western Democratic Republic of Congo • Exploration target – 333Mt to 538Mt grading 10% - 20% P2O5, from four (4) deposits within Cabinda licence area • Commenced dr
Slide 6: Republic of Angola
Republic of Angola For personal use only Rebuilding and African Power • 3rd largest economy is Sub-saharan Africa • Average growth 2001 – 2010 of 11,1% • Growth in 2011 expected @ 8,251% • Since 2002, estimated to have rebuilt 14,000km of roads, 120 bridges, while removing 2m mines Natural Resources
Slide 7: Board of Directors
Board of Directors For personal use only Peter Richards Executive Chairman Faldi Ismail Non-Executive Director Peter has over 30 years of business and Faldi has many years of experience as a corporate international experience with global companies consultant specialising in the restructure and inclu
Slide 8: Capital Structure and Share Price
Capital Structure and Share Price For personal use only “Since listing on the ASX, Volume & Share Price 0.7 2,500 Volume ('000) Price ($A) MNB has experienced a 0.6 2,000 substantial rise in share price 0.5 from 20c to a intra day high 0.4 1,500 of 65c with a most recent 0.3 1,000 0.2 closing price
Slide 9: Cabinda Project Overview
Cabinda Project Overview For personal use only • 50:50 JV with LR Group • LR – private multinational company with 20 year track record in Angola • 20,000m of aircore drilled since November 2010 • Five deposits: Mongo Tando, Cacata, Chibuete, Chivovo, Ueca • Maiden Resource Estimate of 117mt @ 13.6%
Slide 10: Mongo Tando
Mongo Tando For personal use only 117Mt @ 13.6% P2O5 Inferred Resource Estimate & set to increase • Mongo Tando was the focal point of historical exploration and 1st deposit drilled by Minbos. • Additional drilling has recently been completed and is expected to significantly increase the resource es
Slide 11: Cacata and Chivovo – High Grade Potential
Cacata and Chivovo – High Grade Potential For personal use only Cacata – 22.5Mt @ 21.4% P2O5 Indicated Resource Estimate • Cacata is high grade and has DSO potential • Indicated Resource Estimate includes 22.5Mt @ 21.4% P2O5 • Scoping study for a standalone DSO Phosphate rock export operation has be
Slide 12: Chibuete & Ueca – Growing Cabinda Resources
Chibuete & Ueca – Growing Cabinda Resources For personal use only Ueca • Ueca was the 2nd deposit to be drilled by Minbos A total of 41 holes m was drilled for 4,168m Orebody: 6,3km strike length; 400m wide defined Average width of the mineralistion is 12,5m • Additional drilling currently und
Slide 13: DRC Project Overview
DRC Project Overview For personal use only Kanzi – Exciting regional potential • Kanzi deposit - Granted Kanzi drilled in 1974 and 1978-1980. Historical NON JORC! Resource 30Mt @ 15% P2O5 Minbos completed 1st phase drilling, results inline with historic data • Regional Potential – Under Applic
Slide 14: Kanzi – Recent highlights, scoping study planned
Kanzi – Recent highlights, scoping study planned For personal use only Potential development target • 52 aircore holes drilled • Field results in line with historical data 8km strike length; 500m width Mineralization thickness: average of ?M Strip ratio average 4:1 Average grade of 15.4% P2O
Slide 15: Regional Infrastructure
Regional Infrastructure For personal use only Located close to major infrastructure - good access Cacongo Wharf to ports • Projects located within 50km of the ocean • Area heavily populated by oil companies • Excellent services and accommodation • Regional roads have undergone upgrading Regional Roa
Slide 16: Peer Review
Peer Review For personal use only Company Legend MineMakers Stonegate Aguia MBAC Fertilizer Minbos Agricom Resources Corp Exchange & Ticker US: OTC BB ASX: MAK TSX: ST ASX: AGR TSX: MBC ASX: MNB Country Australia Australia Peru Brazil Brazil Angola / DRC Market Cap / Implied 104 95.2 221.8 53.8 194.
Slide 17: The Investment Case – ready to deliver value!
The Investment Case – ready to deliver value ! For personal use only Minbos is due a rapid valuation re-rating ! Undervalued versus Peers • Technical Milestones – next 6 months Proven BOD and Management Team • Global JORC compliant resource for Cabinda due 4th quarter Strong partners and Govt suppor
Slide 18: Thank You!
For personal use only THANK YOU ! www.minbos.com