Jameson Resources Limited · ASX:JAL

Jameson Resources — Investor Presentation (December 2009)

21 slides from Jameson Resources's investor presentation, Dec 11, 2009

  1. Slide 1: Investor Presentation December 2009

    For personal use only InvestorPresentation December2009

  2. Slide 2: Disclaimer

    Disclaimer Thisdocumenthasbeenpreparedasasummaryonly,anddoesnotcontainallinformationabouttheCompany’sassetsandliabilities,financial For personal use only positionandperformance,profitsandlosses,prospectsandtherightsandliabilitiesattachingtotheCompany’ssecurities. Thisdocumentshould bereadinconjuncti

  3. Slide 3: Emerging Coal Producer

    EmergingCoalProducer For personal use only “JamesonResourcesͲ ThenextWesternCanadiancoalproducer……..” “ExportinghighqualitythermalcoaltomeetgrowingAsiandemand” December 2009 3

  4. Slide 4: Corporate Information

    CorporateInformation For personal use only CapitalStructure CorporateStructure SharesonIssue 62.7m Jameson Resources Ltd UnlistedOptions (30/04/2010,30/11/2010) 18.6m CurrentSharePrice A$0.35 NWPC Coal Canada Ltd (100%) 0.70 2500 MarketCapitalisation A$28m 0.60 2000 DailyVolume('000s) SharePrice($AU

  5. Slide 5: Board and Management

    BoardandManagement For personal use only MrJeffBennett NonExecutiveChairman MrJohnHolmes ExecutiveDirector Mr ArtPalm NonExecutiveDirector MrDavidPrentice NonExecutiveDirector MrStephenAnastos NonExecutiveDirector December 2009 5

  6. Slide 6: Video Presentation

    VideoPresentation For personal use only December 2009 6

  7. Slide 7: Mine Location

    MineLocation For personal use only December 2009 7

  8. Slide 8: Basin Coal Mine – Brownfields Opportunity

    BasinCoalMine– Brownfields Opportunity For personal use only ƒ Undergroundmining1916– 1940 ƒ ComplianceEnergyCorporationtrialminingfrom2002 ƒ Someexistingproductioninfrastructure December 2009 8

  9. Slide 9: Feasibility Study

    FeasibilityStudy For personal use only ƒ Feasibilitystudyonexpandedminecaseatoptimisedlevelof production ƒ Likelystartupproductiontargetofbetween500,000tpaand 1Mtpa ƒ Preliminaryestimatessupportcashoperatingmarginof approximately$US20pertonnebasedon2010futures contractpricingofthermalcoal December 2

  10. Slide 10: Resource

    Resource NI43Ͳ101ResourceTable For personal use only (2009– ResourceEye) Measured/Indicated 87mt Resources InferredResources 36mt TotalResources 123mt CombinedSeamThickness 24m ResourceStrike 3.1km December 2009 10

  11. Slide 11: Export Quality Thermal Coal

    ExportQualityThermalCoal For personal use only IndicativeCleanCoalQuality(asͲreceived) HighVolatileBituminousCͲ CoalType Thermal CalorificValue(a.d.b.) 6,090kcal/kg TotalMoisture 10.8% Ash 12.5% FixedCarbon 47.3% VolatileMatter 29.7% Sulphur 0.56% Hardgrove 49 Grindability December 2009 11

  12. Slide 12: Production Profile

    ProductionProfile For personal use only ProductionPotentialto2014BasinCoalMine ForecastAnnual Production December 2009 12

  13. Slide 13: Close to Export Infrastructure

    ClosetoExportInfrastructure For personal use only 50km RailLoadͲOutOptions ƒ 2independentrailnetworks ƒ Infrastructure&capacity WestshoreTerminals ƒ TrainHaulage157km TruckHaulage ƒ 5mtpa+capacity ƒ 52kmforestryroads ƒ 60kmHighway ƒ Minimalupgradesrequired December 2009 13

  14. Slide 14: Customers

    Customers For personal use only Domestic International MainBuyers Lehigh,Lafarge Japan,SouthKorea HaulageOptions Truck/Barge Truck/Rail/Barge PortOptions Notrequired Westshore ContractType LongTerm Spot/LongTerm December 2009 14

  15. Slide 15: Westshore Coal Terminal

    WestshoreCoalTerminal For personal use only WestshoreCoalTerminal AnnualCapacity 29mtpa CapacityAvailable Yes BerthOne Vesselsize260,000dwt 1x7,000tphshiploader BerthTwo Vesselsize150,000dwt 1x7,000tphshiploader ƒ Westshore is the largest North American coal port and handles coal from Canada and USA

  16. Slide 16: Canadian Thermal Coal Market

    CanadianThermalCoalMarket For personal use only “Canadianthermalcoalemergingasa diversifiedsupplybasetoAustralia” December 2009 16

  17. Slide 17: Thermal Coal Prices

    ThermalCoalPrices CoalPriceRiseasDemandReturnsandSupplyTightens For personal use only 100.00 Newcastle China NewcastleJapaneseReference 90.00 F O B P r i c e (U S D / t o n n e ) 80.00 70.00 60.00 50.00 AprͲ09 MayͲ09 JunͲ09 JulͲ09 AugͲ09 SepͲ09 OctͲ09 NovͲ09 December 2009 17

  18. Slide 18: Fundamentally Cheap

    FundamentallyCheap For personal use only EnterpriseValueperReserveTonne 12 9.95 10 9.13 EV/Reserve(A$/tonne) 8 7.36 6 5.21 4 3.58 2 1.14 0.77 0.18 0 GCL CCD WHC RIV CEY NEC JAL RES Producer Developer Explorer Average Note: *Dataasofcloseofmarket27November 2009(JAL– 30c) *DatahasbeencompiledbyCapital

  19. Slide 19: Development Timeline

    DevelopmentTimeline For personal use only Feasibility Mar Q 2010 Recommissioning Jun Q 2010 Production Dec Q 2010 December 2009 19

  20. Slide 20: Fast Track to Production

    FastTracktoProduction For personal use only 9 ResourceBase 9 ManagementTeam 9 MiningPermit 9 Customers December 2009 20

  21. Slide 21: For personal use only

    For personal use only Level2,79HayStreet Suite800,1199WestHastingsSt Subiaco,WA Vancouver,BCV6E3T5 +61(8)92004474 +1(604)6872038 www.jamesonresources.com.au 21

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