Strategic Energy Resources Limited · ASX:SER
Strategic Energy Resources — Investor Presentation (February 2010)
27 slides from Strategic Energy Resources's investor presentation, Feb 24, 2010
Slide 1: Strategic Energy Resources Investor Presentation
For personal use only Strategic Energy Resources INVESTOR PRESENTATION By Mark Muzzin Managing Director February 2010
Slide 2: Overview
Overview For personal use only • introduction to SER • the road so far... • 2009 achievements and highlights • oil & gas exploration • mineral projects • Uley graphite project • goals for 2010 • summary
Slide 3: Corporate
Corporate For personal use only As at 18 February 2010 ASX code SER (listed August 1991) Shares Issued 321.22m Share Price A$0.024 Market Cap A$7.7m Cash A$1.4m Major Shareholders: EERC Australasia Pty Ltd Avatar Equities Pty Ltd ANZ Nominees Ltd
Slide 4: Directors & Management
Directors & Management For personal use only • Directors Mr Kim McGrath (Chairman/Non Executive) Mr Mark Muzzin (Managing Director & CEO) Mr Glenister Lamont (Non Executive) • Company Secretary Ms Melanie Leydin
Slide 5: the road so far...
the road so far... For personal use only • listed in 1991 as Eagle Bay Resources NL • company name changed to Strategic Energy Resources (ASX:SER) in 2008 • new Board instated Dec 2008 • review of all company assets resulting in divestment of some minerals properties • new corporate strategy & visio
Slide 6: SER today
SER today For personal use only a versatile explorer working on a diversified portfolio of exploration assets, including oil, gas, copper, gold, uranium, nickel & graphite • major graphite asset retained with JORC classification • ongoing evaluations of new mineral, oil & gas opportunities in a vari
Slide 7: 2009 Achievements & Highlights
2009 Achievements & Highlights For personal use only reviewed & consolidated asset portfolio set new strategic direction announced SER’s first JORC compliant resource negotiated 2 mineral farmout agreements successful capital raising part of main road resource upgraded from Inferred to Indicat
Slide 8: SER's Portfolio of Exploration Assets
SER’s Portfolio of Exploration Assets For personal use only Cooper Basin SA Falcon Bridge WA Cultana & Myall Creek SA Uley SA Gippsland Basin VIC Casterton VIC
Slide 9: Oil and Gas Exploration
Oil and Gas Exploration For personal use only • well maintained oil & gas assets • increasing price of oil worldwide • SER is well placed to take advantage of this new trend
Slide 10: Offshore Gippsland Basin
Offshore Gippsland Basin For personal use only • substantial permit holding in Basin • significant scale of potential discoveries & leads • financial exposure minimal • seeking farmin parties to fund drilling programs
Slide 11: Minerals Projects
Minerals Projects For personal use only Cultana and Myall Creek, South Australia • Cultana licence - PACE application submitted for drilling • prospectivity study ongoing Falcon Bridge, West Australia • JV agreement executed with Ishine International Resources Ltd Casterton, Victoria • sale & operat
Slide 12: Vision for Uley
For personal use only Vision for Uley recommence production & re-establish Uley as a major graphite project
Slide 13: Location of Uley Graphite Project
Location of Uley Graphite Project For personal use only
Slide 14: Years of Uley
100 Years of Uley For personal use only resource upgrade from Solution Mining Pty Ltd mining by Inferred to acquires tenements from underground Indicated CRA methods CRA extensive Eagle Bay Resources exploration & (now SER) acquires Uley Uley metallurgical from Solution Mining discovered investigati
Slide 15: Uley Graphite Mine, Port Lincoln, SA
Uley Graphite Mine, Port Lincoln, SA For personal use only mining lease exploration lease
Slide 16: Uley anomalies & JORC resource
Uley anomalies & JORC resource For personal use only JORC resource JORC resource
Slide 17: Uley Graphite Project
Uley Graphite Project For personal use only • world class resource of high grade flake graphite • graphite produced from former operation well recognised internationally for high quality • customers included BHP, RASA Corporation (Japan), Ashby Graphite (USA) among others • sufficient mineralisation
Slide 18: Mineralisation – close to surface
Mineralisation – close to surface For personal use only
Slide 19: Coffey Mining Resource Upgrade
Coffey Mining Resource Upgrade For personal use only • upgrade of Uley graphite Main Road resource from Inferred to Indicated: 4Mt @8.1% o Indicated resource: 2.2Mt @7.5 % o Inferred resource: 1.8Mt @ 8.9% • adds value to Project • entire Uley project area estimated to have exploration potential of
Slide 20: Graphite market
Graphite market For personal use only Price Follow-Up Since 2006 for Coarse Natural Flake Graphite (+80 mesh), 94 - 97 % C Source: Industrial Minerals Price Watch 1'600 120% 1'500 Price Min 1'400 Price Max 100% Average Price (Min + Max / 2) 1'300 Variation vs. previous month, Average Price 1'200 Var
Slide 21: Processing facilities
Processing facilities For personal use only • operated for 10 months before put into care & maintenance • past operation plant capable of producing up to 14,000 tonnes pa • power, water & communication lines still connected • mechanical condition of equipment good - some structures show effects of t
Slide 22: Current plans for Uley
Current plans for Uley For personal use only • infill diamond drilling program to upgrade whole Main Road resource • evaluate new separation & processing techniques • continued water & transportation evaluation • ongoing investigation into new technologies e.g. heat sinks
Slide 23: SER's goals for 2010
SER’s goals for 2010 For personal use only • upgrade whole Main Road resource • secure JV partner for Uley & progress towards production • actively develop project pipeline • continue to strengthen financial position
Slide 24: Summary
Summary For personal use only • diversified portfolio of assets with high-impact discovery potential • highly capable management team negotiated 2 successful mineral farmout agreements • positive outlook for oil, gas and graphite markets with increasing price trends • 100 % ownership of world class
Slide 25: Disclaimer
Disclaimer For personal use only Certain statements contained in this presentation, including information as to the future financial or operating performance of Strategic Energy Resources (“SER”) and its projects, are forward looking statements. Such forward looking statements: • may include, among
Slide 26: Strategic Energy Resources Limited
For personal use only Strategic Energy Resources limited Level 1, 500 Collins Street, Melbourne, Victoria 3000 Telephone: (03) 9629 2330 Facsimile: (03) 9629 2332 www.strategicenergy.com.au
Slide 27: Appendix - Exploration Projects
Appendix - Exploration Projects For personal use only Projects SER Interest Joint Venturer Oil & Gas Off Shore Gippsland Basin Bass Strait Oil Company Ltd 25% diluting 17.5% potentially free VIC/P41 Moby Oil & Gas Ltd carried for drilling of a well Oil Basins Ltd Bass Strait Oil Company Ltd VIC/P47
Strategic Energy Resources — Investor Presentation (February 2010) on 6ix