Waratah Minerals Limited · ASX:WTM
Waratah Minerals — Benchmark Mineral Intelligence Graphite and Anodes Conference 2018
23 slides from Waratah Minerals's conference presentation, Oct 23, 2018
Slide 1: Mozambique – Real Opportunity
Mozambique – Real Opportunity Benchmark Mineral Intelligence Graphite and Anodes Conference 2018 1
Slide 2: Graphite Price Forecast – Benchmark Mineral Intelligence
Graphite Price Forecast – Benchmark Mineral Intelligence Balama Central Project Basket Price BAT Montepuez Project Basket Price 2
Slide 3: Project 1 Montepuez
Project 1 Montepuez Montepuez Graphite Project 2 VES (First Module) Annual graphite production 45,000 – 50,000pa Capex (pre-production) US$51.2 M Opex (concentrate/t)7 US$378/t Grade processed 12% TGC Plant Type and Scale Modular, ~500ktpa Projected Payback ~2 years5 Net Operating Cash Flow ~US$20 M
Slide 4: May 2018 Satellite Image
May 2018 Satellite Image Elephant Deposit Buffalo Deposit Plant Site Camp Warthog Prospect Tailings dam Haul Road 4
Slide 5: Permanent Camp Construction - on track
Permanent Camp Construction - on track 5
Slide 6: Montepuez Project Camp Commissioning – On Track
Montepuez Project Camp Commissioning – on Track 6
Slide 7: Plant Site Earthworks – on track
Plant Site Earthworks – on track 7
Slide 8: Tailings Storage Facility (TSF)– on track
Tailings Storage Facility (TSF)– on track 8
Slide 9: Community Engagement – on track
Community Engagement – on track 9
Slide 10: Buffalo Deposit – RC Grade control - complete
Buffalo Deposit – RC Grade control - complete 10
Slide 11: Elephant Deposit – RC Grade Control - complete
Elephant Deposit – RC Grade Control - complete 11
Slide 12: Project 2 Balama Central Graphite Project
Project 2 Balama Central Graphite Project Balama Central Graphite Project 2 Scoping Study Annual graphite production 50,000 – 55,000pa Capex (pre-production) US$50 M Opex (concentrate/t)6 US$372/t Grade Processed 10.6% TGC Plant Type and Scale Modular, ~550ktpa Projected Payback <1.5 years5 Net Oper
Slide 13: Balama Central Deposit
Balama Central Deposit Competed Drholes - Osc 2017 Buk Sample Pt 88h Pegmatie Psariite Indicated Resource Inferred Resource Oy T 8 000mE Vi. Ye BYRON 8.52,000mi BATTERY MINERALS VTEM Conductor Targets Lennox and Byron Resources Balama Graphite Project March 2018 ‘SOUTH EAST 39.4m @ 14:10% TCC. incl.
Slide 14: Production Profile – Significant opportunity
Production Profile – Significant opportunity 14
Slide 15: Purification and Spheroidization Testwork
PURIFICATION AND SPHEROIDIZATION TESTWORK • Montepuez flake identified with high crystallinity, ultra low • Testwork programme undertaken by Urbix Boron content, unique flake morphology and URBIX Purification • Progress todate technology together opening potential new markets • Purification success
Slide 16: Graphite Demand – Large growing market
Graphite Demand – Large growing market 16
Slide 17: Next Steps
Next Steps 1. Complete Montepuez project finance 2. Award remaining construction contracts 3. Urbix, Anode and other downstream Scoping Study 4. Reserve update 5. Balama Feasibility Study Results 6. Start mining processing and exporting 7. Investigate Vanadium and other opportunities 17
Slide 18: Appendices
APPENDICES • Current Projects Summary • Mineral Resources, Reserves, • Competent person statements • Historical Prices for Vanadium • Disclaimer 18
Slide 19: Current Projects
Current Projects Project Description Status Montepuez Graphite Produce 50,000tpa @ >96% TGC • DFS, VES, Detailed eng. , Camp, Roads and plant site CPL Oct 2018 Project stage 1 OPEX cost FOB Moz USD $378/t • Tailings Dam wall and earthworks will be complete by December 2018, 50,000tpa, planning CAPEX
Slide 20: Montepuez Ore Reserves and Mineral Resources
Montepuez Ore Reserves and Mineral Resources • Ore Reserve Estimate January 2017 for Buffalo and Elephant deposits is 41.4Mt @ 8.80% TGC for 3.64Mt of graphite reported at a cut-off grade of 4% TGC – Note; the Ore Reserve Statement predates the updated Mineral Resource Statements. The Company is cur
Slide 21: Group Mineral Resource Statement
Group Mineral Resource Statement 1Battery Minerals Group MRE Group Mineral Resource Estimate (2.5% - Montepuez, 6% - Balama TGC Cut-off) Total Mineral Resource As of October 2018 Project Group Total Mineral Resource - Weathered Deposit Tonnes TGC Cont. Graphite for the Montepuez and Balama Central M
Slide 22: Vanadium pricing last 20 years - CRU
Vanadium pricing last 20 years - CRU 22
Slide 23: Disclaimer & Competent Persons Statement
Disclaimer & Competent Persons Statement Forward Looking Statements published data for which Competent Persons consents were periodic and continuous disclosure announcements lodged with obtained. Their consents remain in place for subsequent releases the ASX, which are available on the Battery Miner
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