Argosy Minerals Limited · ASX:AGY
Argosy Minerals — Investor Presentation (May 2017)
22 slides from Argosy Minerals's investor presentation, May 26, 2017
Slide 1: Investor Presentation – May 2017
For personal use only Investor Presentation – May 2017 ASX Code: AGY www.argosyminerals.com.au
Slide 2: Disclaimer
Disclaimer This presentation is for information purposes only. Neither this presentation nor the information contained in it constitutes an offer, invitation, solicitation or recommendation in relation to the purchase or sale of For personal use only shares in any jurisdiction. This presentation may
Slide 3: Company Overview
Company Overview Lithium brine projects in Lithium Triangle with pilot plant development works commenced Multiple projects in the world-class “Lithium Triangle” – the world’s dominant source of lithium For personal use only • production: – Rincon – JV, located in Salar del Rincon – Mina Teresa – loc
Slide 4: Capital Structure, Share Price & Milestones
Capital Structure, Share Price & Milestones Last 12-Months Share Price Performance and Key Milestones For personal use only Capital Structure Rincon Project Area Shares on Issue 754.75M Further Doubled Options on Issue 12.5M exercisable at $0.09, expiring 13/6/2017 10M exercisable at $0.045, expirin
Slide 5: Directors & Management
Directors & Management Alex Molyneux – Non-Executive Chairman For personal use only Mr. Molyneux is an experienced resources industry executive. Mr. Molyneux currently serves as CEO of uranium producer, Paladin Energy Limited. He is a Co- Founder of Azarga Resources Group and Non-Executive Chairman
Slide 6: Lithium 101: Brine vs. Hard-Rock Production
Lithium 101: Brine vs. Hard-Rock Production Most lithium production comes from lower cost brine production • Lithium production is predominantly delivered from brines For personal use only • Brines have significantly lower extraction costs compared to hard rock deposits Lithium Production by Deposit
Slide 7: Argosy in the “Lithium Triangle”
Argosy in the “Lithium Triangle” World’s most prolific lithium producing region 49% of For personal use only Global Lithium Bolivia Production from the Pozuelo Vilama “Lithium Triangle” which holds 49% of Jama Guayatayoc approximately Global Lithium Atacama Olaroz Salinas 70% of World’s Production f
Slide 8: Rincon Project: Recent History and Overview
Rincon Project: Recent History and Overview A significant opportunity to achieve near-term lithium production • Binding JV Agreement executed September 2016 For personal use only – Argosy to earn up to a 90% interest in the Project – Partnership with Argentinian lithium processing expert Pablo Alurr
Slide 9: Rincon Project: Location and Infrastructure
Rincon Project: Location and Infrastructure A significant opportunity to achieve near-term lithium production • The Project lies within Salta Province, ~3700m ASL, serviced by For personal use only city of Salta with population of 600,000 • The region is known for its evaporation rates, given UV is
Slide 10: Rincon Project: Development Milestones
Rincon Project: Development Milestones A significant opportunity to achieve near-term lithium carbonate production For personal use only Stage 1 - AGY to earn Stage 2 - AGY to earn Stage 3 - AGY to earn 50% interest (underway) 77.5% interest 90% interest Pilot plant to produce up to 100-150t of Comp
Slide 11: Rincon Project: Stage Development Works Commenced
Rincon Project: Stage 1 Development Works Commenced Potential investment to fast-track Stage 2 development strategy Pilot plant to produce up to 100-150t of commercial grade clean LCE For personal use only product Pond construction works have commenced on-site Plant location site established t
Slide 12: Rincon Project: Key Partner & Expertise
Rincon Project: Key Partner & Expertise Pablo Alurralde & Lithium Processing Patents • Partnership with Argentinian lithium expert Pablo Alurralde For personal use only – Chemical Engineer and Master of Philosophy, former director of FMC Argentina operations Patent for “Recovery of – 15 years’ exper
Slide 13: Rincon Project: Executive Management
Rincon Project: Executive Management Management team Argosy has executed a Definitive Farm-In Joint Venture Agreement for the Rincon Lithium Project and will earn up to a For personal use only 90% interest in the Argentinian joint venture company – Puna Mining S.A. Argosy Minerals Jerko Zuvela (Ma
Slide 14: Other Projects in the “Lithium Triangle”
Other Projects in the “Lithium Triangle” Targeting delineation of JORC Resources • Mina Teresa Project: promising historical sample values, further test-work For personal use only required to determine potential production strategies – Potential to add as a second production hub • Pocitos Project: t
Slide 15: Market Cap Peer Comparison
Market Cap Peer Comparison For personal use only The data suggests Argosy Minerals is significantly undervalued compared to its peers 15
Slide 16: Investment Summary
Investment Summary • Multiple projects in the world-class “Lithium Triangle” – the For personal use only world’s dominant source of lithium production Rincon Project – Stage 1 Evaporation Ponds • Focus on lower cost brines vs. hard rock production • Fast-track development at Rincon Project commenced
Slide 17: For personal use only
For personal use only ASX Code: AGY www.argosyminerals.com.au
Slide 18: Argentina: Re-connecting with the Global Economy
Argentina: Re-connecting with the Global Economy Positive macro-economic developments underpin strong growth outlook • New President (Maurico Macri) and new Government For personal use only elected in December 2015 • Most export duties and trade controls abolished: – Removal of 5% duty on high grade
Slide 19: Lithium – The Perfect Storm of Demand and Supply
Lithium – The Perfect Storm of Demand and Supply “Lithium is the new gasoline” The Keys to Lithium Growth For personal use only • Lower lithium-ion battery costs (now down to around US$200- kWhr) set to make electric vehicles (EVs) more affordable • Several experts such as Tony Seba (in his video on
Slide 20: Lithium…Why?
Lithium…Why? Ask the Experts Tesla Shakes Up Market for Lithium For personal use only • ‘In order to produce half a million cars a year…we would basically need to absorb the entire world’s lithium-ion production,’ Elon Musk said in March. Lithium-Ion Will Be Tough To Beat, Says Argonne Battery Whiz
Slide 21: Lithium – The Perfect Storm of Demand and Supply
Lithium – The Perfect Storm of Demand and Supply “Lithium is the new gasoline” Lithium Demand Forecasts to 2025 For personal use only • Goldman Sachs – "Growth in EV applications alone could triple the size of the entire lithium market from 160,000 mt today to 470,000 mt by 2025. That is based on 22
Slide 22: Jerko Zuvela - Managing Director
For personal use only Jerko Zuvela - Managing Director T +61 8 9226 4500 Level 3, 216 St Georges Terrace PERTH WA 6000 Australia Email: jerko@argosyminerals.com.au ASX Code: AGY www.argosyminerals.com.au