Group 6 Metals Limited · ASX:G6M
Group 6 Metals — Investor Presentation (May 2022)
20 slides from Group 6 Metals's investor presentation, May 3, 2022
Slide 1: The Dolphin Tungsten Mine
THE DOLPHIN TUNGSTEN MINE RIU Sydney Resources Round Up 3, 4 & 5 May 2022 (ASX: G6M)
Slide 2: Project Investment Fundamentals
Project Investment Fundamentals Dolphin is under Dolphin is the 14-year mine life Proven Tungsten is ranked Pathway to market construction highest-grade with significant processing internationally as a – infrastructure targeting first tungsten deposit Exploration flowsheet ‘critical’ mineral and off
Slide 3: Achieving Key Milestones
Achieving Key Milestones Secured Tasmanian Secured $31m in Government Loan Equity Funding Official and Reviewed and $10m in Commencement Project Debt Equipment of Construction Commencement of First Finance Proposals Financing Ceremony Mining Concentrate H2 2021 Nov 2021 May 2022 Jan to Mar 2023 H1 2
Slide 4: Construction on Australia's Next Tungsten Mine
Construction on Australia’s Next Tungsten Mine Redevelopment of Dolphin Tungsten Mine (DTM) on King Island, Tasmania Site establishment and heavy equipment mobilisation well advanced Site earthworks for process plant and ROM stockpile complete and civil works underway Start of construction fol
Slide 5: Project Development Works Progress
Project Development Works Progress Arrival of Concrete Batch Plant for Civil Works ROM Pad Haul Road Re-alignment Arrival of Modular Accommodation Buildings 5 The Dolphin Tungsten Mine | Investor Presentation
Slide 6: A World-Class Quality Deposit
A World-Class Quality Deposit Dolphin Tungsten Mine is a world class quality deposit that ranks significantly better than its peers Source: Company reports and announcements 6 The Dolphin Tungsten Mine | Investor Presentation
Slide 7: Low Risk Mining Restart
Low Risk Mining Restart FIRST CONCENTRATE ON TRACK FOR BEGINNING OF Q1 23 • Developed open cut pit with access to first ore on commencement of mining • Owner operated truck and shovel mining Mining lease valid to 2029 and extendable fleet, with mining to commence in Environmental approval granted No
Slide 8: Dolphin Mine Reserves and Resources
Dolphin Mine Reserves and Resources Resource Historical Records Dolphin – 9.6M tonnes @ 0.90% W03 • Historical mine records reconcile (0.20% cut-off) extremely well with recent drilling Bold Head – 1.6M tonnes @ 0.91% W03 • Additional drilling allowed compliance (0.50% cut-off) with JORC 2012 Explor
Slide 9: Proven and Optimised Process Flowsheet
Proven and Optimised Process Flowsheet Higher recovery, lower cost and low risk Historically proven and simple gravity separation for coarse ore separation Optimised fine ore separation through use of Multi- Gravity Separators (MGS) results in lower flotation costs and higher recovery (~78%) P
Slide 10: ESG Commitment
ESG Commitment Group 6 Metals is committed to redeveloping the Dolphin Tungsten Mine in a responsible and sustainable manner, preserving the environment while also generating jobs, growth and economic returns through the commencement of mining from this asset Project Governance Strict adherence to
Slide 11: Tungsten: A Critical Industrial Metal
Tungsten: A Critical Industrial Metal AN ELEMENT OF GREAT ECONOMIC IMPORTANCE • Tungsten is ranked by the British Geological Surveys, various US Departments, the European Commission, Japan, Russia and Australia as a 'critical' mineral: - Due to its economic importance - Supply risk – dominance of Ch
Slide 12: Demand For Tungsten
Demand For Tungsten GROWING LIST OF END-USE APPLICATIONS Current • Cemented carbides used in drilling tools and wear-resistant parts • Alloy steels and alloys used primarily in tools • Mill products • Smart technologies (high-purity for semiconductor chips) • Powders now used in 3D printing and MRI
Slide 13: Tungsten Price History
Tungsten PRICE HISTORY • 2017 saw prices rise significantly with expectations EU APT PRICE (PER MTU) of stronger global growth and reduced supply from 400.00 China – including stockpiling at Fanya 350.00 • 2018/19 saw prices remain stable in H1 while prices pulled back in H2 due to seasonal recess 3
Slide 14: Location and Existing Infrastructure
Location and Existing Infrastructure STRATEGIC LOCATION WITH ACCESS TO KEY TUNGSTEN MARKETS King Island The Dolphin G6M owns an The Port of Purchase of Tungsten Mine is adjacent property Grassy Ballarat located near the (Portside Links), accommodates Clarendon Dolphin Mine town of Grassy, providing
Slide 15: Offtake Agreements
Offtake Agreements • Wolfram Bergbau und Hütten AG – a world leading supplier of tungsten powders and a subsidiary of the US$23 bn market cap Sandvik Group $162M (STO: SAND) – 35,000 mtu of WO3 per annum for 4 years • Traxys, a leading international physical commodity trader headquartered in Luxembo
Slide 16: Corporate Overview
Corporate Overview GROUP 6 METALS – overview as at 31 March 2022 A$0.20 630.8M A$20.8M Share Price Shares on Issue Cash 27/04/22 55.85% 44.15% A$32.5M A$126M $10.0M Top 10 Shareholders Undrawn Debt Facilities Market Cap Debt Top 10 Other (@ $0.20) 6-Month Share Price and Volume 1. Richard & Gwenda C
Slide 17: Board of Directors and Key Management
Board of Directors and Key Management Johann Jacobs Chris Ellis Greg Hancock Keith McKnight Executive Chairman Executive Director Non-Executive Director Chief Executive Officer Johann has held a number of executive Chris has over 40 years’ experience in the Greg is Managing Director of Hancock Keith
Slide 18: Disclaimer
Disclaimer This presentation has been prepared by Group 6 Metals Limited (“G6M”) as a summary of its – “Dolphin Project Drilling Results April 2018” released 23 April 2018 Dolphin Project. It is for general information purposes only. This presentation is not and should – “Exploration Drilling Result
Slide 19: Johann Jacobs, Keith McKnight
JOHANN JACOBS KEITH MCKNIGHT EXECUTIVE CHAIRMAN CHIEF EXECUTIVE OFFICER +61 (0) 416 125 449 +61 (0) 410 635 251 johannj@g6m.com.au keithm@g6m.com.au @Group6Metals www.g6m.com.au
Slide 20: The Dolphin Tungsten Mine
THE DOLPHIN TUNGSTEN MINE Investor Presentation (ASX: G6M) March 2022