Bci Minerals Ltd · ASX:BCI
Bci Minerals — RIU Explorers Conference 2018
15 slides from Bci Minerals's conference presentation, Feb 20, 2018
Slide 1: RIU Explorers Conference
For personal use only RIU Explorers Conference Alwyn Vorster – Managing Director February 2018 www.bciminerals.com.au
Slide 2: Attractive Value Proposition
Attractive Value Proposition For personal use only 1. Attractive Portfolio Projects in Iron Ore, Salt, Potash, Gold & Base Metals 2. Focus Projects Buckland Iron Ore and Mardie Salt (both utilising the Cape Preston East Port) 3. Corporate Platform Strong cash position, zero debt and solid royalty ea
Slide 3: Corporate Information
Corporate Information For personal use only Capital Structure Shareholding and Trading Ordinary Shares 395.0M Wroxby Pty Ltd 27.7% Share Price (16-Feb-18, 10-Day VWAP) $0.155 Top 20 Shareholders 48.4% Market Capitalisation $61.2M Number of Shareholders ~7,600 Cash (31-Dec-17) $18.9M Average Daily Vo
Slide 4: Asset Portfolio
For personal use only Asset Portfolio 4
Slide 5: Business Model
Business Model Create value through discovery, de-risking, development and transactions For personal use only Replenish Pipeline Secondary Projects Focus Projects Monetised Projects Potential tenement Carnegie SOP Buckland Iron Valley applications, low cost (exploration / studies) (exploration / acq
Slide 6: Cash Flow from Iron Valley Mine
Cash Flow from Iron Valley Mine For personal use only ▪ Monetised Project delivering earnings for BCI ▪ Royalty agreement with Mineral Resources (MIN) – MIN responsible for all capital and operating costs (excl. 3rd party royalties) – BCI receives quarterly royalties based on MIN’s realised FOB pric
Slide 7: Enhancing the Buckland Iron Ore Project
Enhancing the Buckland Iron Ore Project ▪ Current BCI Focus Project #1 For personal use only ▪ Iron ore mine, road and port development project in the West Pilbara – Targeting 15Mtpa for 15 years from mines at Bungaroo South and Kumina for export via Cape Preston East (CPE) Port – Target cost struct
Slide 8: Mardie Salt – Value Upside
Mardie Salt – Value Upside ▪ Current BCI Focus Project #2 For personal use only ▪ Robust salt demand growth forecast in the Asian chemical industry – from ~110Mtpa to ~170Mtpa by 2026 (4.3% p.a.)1 ▪ Mardie site presents all key requirements for a large-scale solar salt project ▪ 2017 Scoping Study o
Slide 9: Cape Preston East (CPE) Port – Multi-Commodity Potential
Cape Preston East (CPE) Port – Multi-Commodity Potential For personal use only ▪ CPE port facility planned to service Buckland CITIC’s Cape Site Infrastructure Shiploader Iron Ore, Mardie Salt and other projects Preston Port 1.4km Jetty ▪ BCI is the foundation proponent and lease holder for a 20Mtpa
Slide 10: Carnegie Potash – Synergies with Mardie Salt
Carnegie Potash – Synergies with Mardie Salt For personal use only ▪ Sulphate of Potash (SOP) exploration JV with Kalium Lakes Limited (KLL) ▪ BCI has right to earn up to a 50% interest in stages by funding up to $10M through to FID ▪ Value adding activities in 2018: – Drilling and pump tests – conf
Slide 11: Exploration Tenements & Royalties
Exploration Tenements & Royalties For personal use only Exploration Tenements ▪ Black Hills (100% BCI): base metal targets; results pending from initial drilling ▪ Marble Bar (100% BCI): structurally- controlled gold targets; results pending from initial drilling ▪ Peak Hill (100% BCI): gold & base
Slide 12: Current Illustrative BCI Market Valuation
Current Illustrative BCI Market Valuation For personal use only 100 ~20 ~(20) 80 Indicative Mkt Value ($M) 61 0 0 0 0 0 61 60 40 20 - Iron Valley Cash Corp. Buckland Mardie Salt Carnegie Expl. Royalties Market Costs SOP Projects Cap 12
Slide 13: 2018 Project Milestones
2018 Project Milestones For personal use only Buckland (100%) Mardie (100%) Focus Projects ▪ Kumina exploration results ▪ Complete Pre-Feasibility and Resource estimate (1H) Study (1H) ▪ Studies and approvals to ▪ Progress approvals (1H/2H) integrate Kumina with Bungaroo South and CPE ▪ Settle monet
Slide 14: Important Notices
Important Notices This presentation has been prepared by BCI Minerals Limited ABN 21 120 646 924 (“BCI”). For personal use only This document contains background information about BCI current at the date of this presentation. The presentation is in summary form, has not been independently verified a
Slide 15: For personal use only
For personal use only T +61 8 6311 3400 Level 1, 15 GPO Box 2811 E info@bciminerals.com.au Rheola St West West Perth WA 6872 W www.bciminerals.com.au Perth WA 6005