Fenix Resources Limited · ASX:FEX
Fenix Resources — Diggers & Dealers Conference 2022
19 slides from Fenix Resources's conference presentation, Aug 1, 2022
Slide 1: High-grade, high margin Australian iron ore miner
For personal use only High-grade, high margin Australian iron ore miner with distinct infrastructure advantage to drive growth Diggers & Dealers Conference August 2022
Slide 2: Important Disclosure
Important Disclosure This Presentation has been approved by the Board of Fenix Resources Limited For personal use only Disclaimer The material in this presentation has been prepared by Fenix Resources Limited (“Fenix”) and is general background information on Fenix. This information is given in summ
Slide 3: Fenix Investment Opportunity
Fenix Investment Opportunity For personal use only 01 02 03 04 High-grade iron ore: High-yielding, fully Fully integrated Skilled team with one of the highest franked dividend: model: haulage proven ability to grade DSO returning value to fleet and port execute growth operations globally shareholder
Slide 4: Strong ESG Credentials
Strong ESG Credentials Providing Opportunities to the Mid West For personal use only • The Iron Ridge project has generated >200 full-time jobs • >40% Indigenous employment overall; project has ~10% Indigenous employment • Fenix has created opportunities for 3 Indigenous businesses at the mine and a
Slide 5: World Class WA Mining Jurisdiction
World Class WA Mining For personal use only Jurisdiction Tier 1 Investment Location • Located in the centre of prolific West Australian iron ore region • WA is the most attractive mining investment jurisdiction in the world1, with the most richly endowed iron ore tenure globally • Fenix has sole iro
Slide 6: Watch video here
Watch video here: fenixresources.com.au/media For personal use only
Slide 7: Iron Ridge Open Pit
For personal use only IRON RIDGE OPEN PIT ASX: FEX | 7 @ Fenix Resources Limited 2022 All rights reserved
Slide 8: High Margin, Premium Iron Ore
High Margin, Premium Iron Ore For personal use only Steady State Run Rate of 1.3Mtpa • Iron Ridge hosts some of the highest grade iron ore in WA • Premium2 DSO product that compares favourably to DSO products globally • Approx. 1.5Mt of premium iron ore exported to date • High-grade product averagin
Slide 9: Crushing & Screening to Produce Lump and Fines
For personal use only CRUSHING & SCREENING TO PRODUCE LUMP AND FINES @ Fenix Resources Limited 2022 All rights reserved ASX: FEX | 9
Slide 10: Generating Solid Cashflow
Generating Solid Cashflow For personal use only Steady state production has generated solid cash flow in excess of A$127 million to date (17 months of sales) • Generated >$80m of pre-tax profit in CY 2021, since first shipment in February 2021 • Net cash of $101.9m at 30 June 2022 • Remaining Hedge bo
Slide 11: Established Infrastructure Path to Export Markets
Established Infrastructure Path to Export Markets For personal use only Haulage Fenix acquired 100% of Fenix-Newhaul Pty Ltd, which provides trucking services to & from the project Existing management remains in place for at least 12 months ensuring continuity of road haulage capability Port Export
Slide 12: Road Hauling to Geraldton with New Trucks
ROAD HAULING TO GERALDTON WITH NEW, STATE-OF-THE ART TRUCKS AND For personal use only TRAILER COMBINATIONS @ Fenix Resources Limited 2022 All rights reserved ASX:FEX | 12
Slide 13: Fenix: A Fully Integrated Mining, Logistics & Haulage Business
Fenix: A Fully Integrated Mining, Logistics & Haulage Business For personal use only Highly Value Accretive Transaction • Recently acquired full ownership of Mid-West haulage business, Fenix-Newhaul • Maximises value for shareholders: ü Reduces C1 FOB cash costs by ~A$10/wmt enabling target total C1
Slide 14: The Fenix Growth Strategy
The Fenix Growth Strategy For personal use only Exploration • Greenfields exploration over newly acquired 344km2 project area prospective for iron ore (3 target areas already identified) • Test existing resource potential extensions (northwards), with outlook to grow Australian iron ore resource inv
Slide 15: Near Mine Exploration Potential
Near Mine Exploration Potential Pharos Project For personal use only Pharos Project tenements cover 640 km² and are contiguous to Iron Ridge Project and contain numerous known iron ore targets. Fenix has 100% ownership of iron ore rights at Pharos Project. Fenix-Scorpion tenure and Mid-West Regional
Slide 16: Highly Experienced Board & Management Team
Highly Experienced Board & Management Team For personal use only John Welborn Rob Brierley Garry Plowright Craig Mitchell Chris Tuckwell Adrian Third Non-Executive Chairman Managing Director Non-Executive Director Non-Executive Director General Manger - Commercial Manager (Commencing 1 Sept 2022) Op
Slide 17: Fenix Investment Summary
Fenix Investment Summary For personal use only 01 02 03 04 High-grade iron ore: High-yielding, fully Fully integrated Skilled team with one of the highest franked dividend: model: haulage proven ability to grade DSO returning value to fleet and port execute growth operations globally shareholders fa
Slide 18: Corporate Snapshot
Corporate Snapshot 0.4 For personal use only FEX $152.9M 0.35 ASX Code Market Cap (as at 29 July 2022) 0.3 0.25 $0.28 546.2M 0.2 Share Price (as at 29 July 2022) Shares on Issue 0.15 $101.9M $51.0M 0.1 0.05 Cash at Bank (as at 30 June 2022) Enterprise Value 0 3,704K r ly ry 2 r ch r ril r ay 1 ne be
Slide 19: Contact
ASX:FEX CONTACT fenixresources.com.au John Welborn Non-Executive Chairman For personal use only info@fenixresources.com.au ASX: FEX | 19