Royal Bafokeng Platinum — RMB Morgan Stanley Big Five Conference 2017
10 slides from Royal Bafokeng Platinum's conference presentation, Sep 27, 2017
Slide 1: RMB Morgan Stanley Big Five Conference
RMB Morgan Stanley Big Five Conference Cape Town 27 September 2017
Slide 2: Value creation through the Maseve acquisition
Value creation through the Maseve acquisition • Strategic fit • Value accretive through operational and commercial synergies • Capital efficient • Enhanced operational flexibility and opportunities Four pillars of the RBPlat strategy RMB Morgan Stanley – Big 5 Conference - September 2017 2
Slide 3: Geographical synergy with the BRPM JV
Geographical synergy with the BRPM JV MASEVE ACQUISITION • Adjacent to Styldrift I • Two declines from surface • 110ktpm concentrator • Associated mine infrastructure RMB Morgan Stanley – Big 5 Conference - September 2017 3
Slide 4: Maseve plant represents operational synergies and flexibility
Maseve plant represents operational synergies and flexibility The Maseve plant is based on best practice PGM concentrating design Current operating design: Potential to upgrade to increase throughput 110ktpm capacity and improve recoveries MF1 configuration 160ktpm capacity Potential inh
Slide 5: Proposed ore delivery to Maseve
Proposed ore delivery to Maseve STYLDRIFT MINE Maseve concentrator Overland belt to Maseve RMB Morgan Stanley – Big 5 Conference - September 2017 5
Slide 6: Potential for early access into Frischgewaagd through Maseve decline infrastructure
Potential for early access into Frischgewaagd through Maseve decline infrastructure North shaft portal South shaft portal RMB Morgan Stanley – Big 5 Conference - September 2017 6
Slide 7: Opportunities for RBPlat from the Maseve acquisition
Opportunities for RBPlat from the Maseve acquisition Immediate access to additional plant capacity • Increasing Styldrift from 150ktpm to 230ktpm Extend the life of South shaft Maseve plant • While Styldrift ramps up, plant can treat South shaft Merensky • Extends South shaft life by 12-18 months Im
Slide 8: On the 6th of September RBPlat announced the Maseve transaction
On the 6th of September RBPlat announced the Maseve transaction Maseve plant Plant transaction • Concentrator plant • Tailings infrastructure – Due diligence – Competition commission approval USD58 million • Surface rights for purposes of operating the plant • Power and water allocation + Maseve min
Slide 9: Conclusion
Conclusion The acquisition of the Maseve operation and its associated infrastructure places RBPlat in a position to: • Expand Styldrift production to 230ktpm • Continue mining Merensky reef at South shaft for an additional 12-18 months • Unlock opportunity for early access to the Frischgewaagd orebo
Slide 10: Slide 10
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