Cyprium Metals Limited · ASX:CYM
Cyprium Metals — Shareholder Meeting (November 2024)
13 slides from Cyprium Metals's shareholder meeting presentation, November 2024
Slide 1: AGM Presentation
AGM PRESENTATION NOVEMBER 2024 MATT FIFIELD - EXECUTIVE CHAIR www.cypriummetals.com
Slide 2: Disclaimers and Forward-Looking Statements
DISCLAIMERS AND FORWARD-LOOKING STATEMENTS IMPORTANT: You must read the following before continuing. This AGM Presentation (“Presentation”) has been prepared by Cyprium Metals Limited (ABN 48 002 678 640) (“Cyprium” or “Company”) and authorised for release by the Executive Chair of Cyprium. Summary
Slide 3: Acknowledgement of Country
ACKNOWLEDGEMENT OF COUNTRY Cyprium recognises and respects the Traditional Custodians of the lands where we conduct our business. We acknowledge the profound spiritual and cultural significance these lands hold for their ancestral owners. We are committed to fostering enduring relationships with ind
Slide 4: 2024 Scorecard: Focused Delivery on Top Priorities
2024 SCORECARD: FOCUSED DELIVERY ON TOP PRIORITIES Consistent action has built the foundation for Cyprium’s growth Priority Actions in Year Quickly advance concentrate project, ✓ MRE our biggest value driver ✓ Scoping Study ✓ Scoping Study Update (PFS Geotech) ✓ PFS Extend our financial maturities ✓
Slide 5: Nifty PFS Release 27 November
NIFTY PFS RELEASE 27 NOVEMBER Foundational technical document incorporates both cathode and concentrate projects at PFS level and unlocks important forward work streams CATHODE PROJECT CONCENTRATE PROJECT 11mt Reserve @ 0.4% Cu 83mt Reserve @ 0.9% Cu Existing SX-EW Plant Existing Concentrator PFS Re
Slide 6: PFS: Combined Operational Site Plan
PFS: COMBINED OPERATIONAL SITE PLAN Delivering 718,000 tonnes (1.6 billion pounds) copper metal over 20-year project life kt Consolidated Copper Production Profile 60 50 40 30 46 34 46 46 41 41 43 44 44 20 35 39 39 35 33 35 28 10 12 22 14 14 - - 4 5 6 6 3 3 - - - - - - - - - - - - - - - - - - FY26 F
Slide 7: Early Access to Ore Funds Stripping Requirements
EARLY ACCESS TO ORE FUNDS STRIPPING REQUIREMENTS Surface Mine Material Movement – As the open-pit was built to feed the cathode plant only, it was stopped in sulphide ore – Mining: fastest speed to sulphide ore 10-12 months – Revenue starts as soon as the concentrator is ready – Cash flow from oxide
Slide 8: Long Economic Life
LONG ECONOMIC LIFE PFS shows less than 5 year payback from start of concentrate project and long economic life Pre-tax Cash Flow in Period Cumulative Pre-tax Cash Flow Note: Please read the PFS and accompanying ASX announcements for important disclosures 8 CYPRIUM | AGM PRESENTATION | NOVEMBER 2024
Slide 9: Benchmarking: Copper Metal in Reserve
BENCHMARKING: COPPER METAL IN RESERVE Nifty is one of the largest copper reserves in Australia Prom Hill UG 535 Ernest Henry 563 Nifty 753 Golden Grove 277 Marsden 371 Northparkes 386 Cobar 494 Motheo 427 Stockman 183 Capricorn 310 Eloise 119 Tritton 41 - 200 400 600 800 1,000 1,200 Reserve Metal Co
Slide 10: Benchmarking: Reserve Tonnes / Grade (EQ)
BENCHMARKING: RESERVE TONNES / GRADE (EQ) Nifty’s equivalent grade and tonnage puts it next to important peers 5.00 Stockman, 402 kt CuEq 4.50 Golden Grove, 673 kt CuEq 4.00 Copper Equivalent Grade (%) 3.50 Cobar, 514 kt CuEq 3.00 Prom Hill UG, 1146 kt CuEq Eloise, 145 kt CuEq 2.50 Capricorn, 334 kt
Slide 11: Benchmarking: 2027 Cash Cost
BENCHMARKING: 2027 CASH COST Nifty projected costs are ~third quartile of cash cost curve and benchmarks well against other notable mines of similar scale 2027 Total Cash Cost Curve Selected Comparable Mines from Size and Cost Structure Paid 2027 Copper Cash Cost Mine Country Owners 000t US$/lb Prom
Slide 12: Thank You
THANK YOU Contact Us Registered Office & Principal Place of Business Unit 1, 437 Roberts Road Subiaco WA 6008 Australia Telephone +61 8 6374 1550 www.cypriummetals.com
Slide 13: End Notes
END NOTES – Slides 9 and 10 include benchmarking data on publicly available reserve information. – Reserve Information used for comparison purposes in this presentation were assembled from corporate disclosure as stated belo w, and are not Cyprium’s information and are therefore subject to change wi