Laramide Resources Ltd. · TSX:LAM
Laramide Resources — Shareholder Meeting (May 2014)
16 slides from Laramide Resources's shareholder meeting presentation, May 22, 2014
Slide 1: Laramide Resources Ltd. Annual and Special Meeting
For personal use only Laramide Resources Ltd. Annual and Special Meeting www.laramide.com
Slide 2: Disclaimer
Disclaimer For personal use only This presentation is provided on the basis that neither the Company nor its representatives or advisors make any warranty (express or implied) as to the accuracy, reliability, relevance or completeness of the material contained in the presentation and nothing contain
Slide 3: All about Japan at the moment…
All about Japan at the moment… For personal use only Recovery from Fukushima continues and restarts remain major catalyst for sector: • Delays in restarting Japan’s nuclear • Japan’s Cabinet approved the New reactors are prolonging a uranium Energy Plan including nuclear as supply glut that’s driven
Slide 4: There Are Major Themes Still To Play Out
There Are Major Themes Still To Play Out 1. Bullish thesis on nuclear is tied to rapid build-out; demand is tied to global electricity For personal use only growth and is not GDP dependent: • Driven by growing energy demand and 71 reactors under construction globally including 28 in China, 10 in Rus
Slide 5: Nuclear is still a Growth Industry – Just not in 2014!
Nuclear is still a Growth Industry – Just not in 2014! Presently 60+ Reactors Under Construction Globally For personal use only 500 490 480 470 Number of 460 Key Reactors Australian 450 Trade Partners 440 430 420 410 400 2007 2017 Source: WNA, Morgan Stanley 5
Slide 6: Nuclear build-out under way
Nuclear build-out under way Many existing nuclear countries are committed to growing capacity For personal use only Percentage Increase Compared with Current Capacity MW of Nuclear Capacity Under Construction and Planned Driven by need for affordable, clean energy 6
Slide 7: Rising Uranium Supply Risk
Rising Uranium Supply Risk For personal use only Rise in Required Uranium Purchase by Global Utilities 225 199.3 200 186.8 UxC Global 170 Utility 175 Uncovered 150 136.3 Uranium 117.2 125 102.4 Requirements 100 82.4 Estimate 71.4 2014-2025E 75 53.3 (Mlbs/year 50 37.8 18.1 U3O8) 25 7.2 0 Source: Raym
Slide 8: Laramide's Projects - Located in Safe and Stable Jurisdictions
Laramide’s Projects - Located in Safe and Stable Jurisdictions For personal use only Corporate Office La Sal URI Royalty La Jara Mesa Major Global Uranium Mine Suppliers 1. Kazakhstan 36.5% 2. Canada 15.5% Flagship Westmoreland 3. Australia 12.0% Laramide Project Office 4. Niger 8.0% 5. Namibia 7.7%
Slide 9: Uranium Development in Australia
Uranium Development in Australia • The Australian uranium industry is dominated by majors: For personal use only BHPB – Olympic Dam Rio Tinto – ERA (Ranger and Jabiluka) Cameco – Kintyre and Yeelirrie General Atomics – Beverley (Heathgate Resources) and Beverley 4 Mile (Qasar Resources) • Re
Slide 10: Westmoreland – Update and 2014 Development Plans
Westmoreland – Update and 2014 Development Plans 1. Appointment of Chief Operating For personal use only Officer, Bryn Jones • Bryn will lead the development and permitting process 2. Permitting Process in Queensland (QLD) • Laramide plans to initiate permitting process • The QLD Government has now
Slide 11: Westmoreland – Update and 2014 Development Plans
Westmoreland – Update and 2014 Development Plans 3. Updated Scoping Study/PEA: For personal use only • Refine flowsheet to suit expanded mine plan • Update Capex/Opex • Provide take-forward case for PFS • Identify main options for trade-off studies • Provide inputs to begin permitting process – IAS
Slide 12: Westmoreland and RTZ JV – Exploration Upside
Westmoreland and RTZ JV – Exploration Upside Next exploration program at Westmoreland will be focused on: For personal use only • Increase overall resource size; • Initial drilling focused on corridor that connects the Huarabagoo and Junnagunna deposits / Follows up east side of Dyke success • The p
Slide 13: US Asset Portfolio – Four Corners Region and Grants Mineral Belt, New Mexico
US Asset Portfolio – Four Corners Region and Grants Mineral Belt, New Mexico Laramide’s U.S.A. assets include: • La Jara Mesa, New Mexico – permitting For personal use only stage, high-grade resource • La Sal, Utah – milling agreement with EFR, significant infrastructure / mill on Standby • Churchro
Slide 14: Questions?
Questions? Value drivers for Laramide over the next 12 months and timeline For personal use only for 24 months will include: Greater progress at the Westmoreland Project through the initiation of the permitting process Leverage ASX listing and greater exposure in Australia/Asia Ongoing explo
Slide 15: 10-year Uranium Participation Corp. Price vs Laramide Resources
10-year Uranium Participation Corp. Price vs Laramide Resources For personal use only $20.00 $18.00 $16.00 $14.00 $12.00 $10.00 Laramide $8.00 Uranium $6.00 $4.00 $2.00 $0.00 2010 2004 2005 2006 2007 2008 2009 2011 2012 2013 2014 Based on highest share price of each fiscal year
Slide 16: Contact Info
Contact Info For personal use only Marc Henderson Bryn Jones Westmoreland President and CEO Chief Operating Officer Phone (Toronto): 416 599 7363 Phone: +61 7 3831‐3407 Email: marc@laramide.com Email: bryn.jones@lcrpl.com.au Laramide Company Address The Exchange Tower 130 King Street West Suite 3680