Red Hill Minerals Ltd · ASX:RHI
Red Hill Minerals — Shareholder Meeting (November 2021)
10 slides from Red Hill Minerals's shareholder meeting presentation, Nov 30, 2021
Slide 1: ASX cover announcement: AGM presentation
Level 2, 9 Havelock Street, West Perth WA 6005 PO Box 689, West Perth WA 6872 Telephone: (61 8) 9481 8627 ABN: 44 114 553 392 E-mail: redhillinfo@redhilliron.com.au Website: www.redhilliron.com.au 30 November 2021 Company Announcements Office ASX Limited Level 4, 20 Bridge Street SYDNEY NSW 2000 ANN
Slide 2: Annual General Meeting Presentation: West Pilbara Iron Ore and Beyond
ANNUAL GENERAL MEETING PRESENTATION WEST PILBARA IRON ORE AND BEYOND 30 NOVEMBER 2021 ASX: RHI
Slide 3: Corporate overview
Corporate overview Market Capitalisation and Enterprise Value at 26 November 2021 Market Details Share price history Listing exchange ASX RHI 6.00 Shares on issue 63.8M 5.00 Share price $3.00 4.00 $/share Market Capitalisation $191.4M 3.00 Cash $112M 2.00 Liability – estimated income tax ($30M) Ente
Slide 4: Overview: selling our RHIOJV interest
Overview SELLING OUR ▪ On 3rd September 2021, Red Hill shareholders approved the sale of our 40% interest in the Red Hill Iron Ore RHIOJV Joint Venture (“RHIOJV”) to Mineral Resources Limited (ASX: MIN) (MinRes) which related to iron ore rights INTEREST only. ▪ The terms of sale were: 1) $200 millio
Slide 5: RHIOJV
RHIOJV ❑ The RHIOJV was created in 2005 as a result of the Australian Premier Iron Joint Venture (APIJV) farming into RHI’s mineral tenements covering some 1,900 sq kms along the western margin of the Hamersley Province in the Western Pilbara of WA. Mineral Resources (JORC 2012): (Red Hill ASX annou
Slide 6: Projects: status of Ashburton and Pannawonica projects
Projects STATUS OF ▪ MinRes provided an update on their Ashburton Project (which includes the RHIOJV) at their AGM on ASHBURTON 18 November 20211. PROJECT ▪ Production rate of 30Mtpa. ▪ First ore on ship by end of calendar year 2023. ▪ Product specifications Fe >57.5% SiO2 <6.0% Al<3.5% P <0.10%. PA
Slide 7: Gold and Base Metal Prospects
Gold and Base Metal Prospects ❑ Red Hill retains all mineral rights other than for iron ore over the 1,900 square kilometres RHIOJV project area. ❑ A range of targets have already been identified for gold and base metals of which the more prominent prospects are shown on the map to the left. ❑ Red H
Slide 8: Pannawonica Project
Pannawonica Project ❑ Red Hill holds 100% of the Pannawonica Iron Ore Project under granted Mining Leases. Previous environmental studies are being updated with field work completed. ❑ Red Hill commenced work earlier in the year to find a pathway to bring these iron ore deposits into production targ
Slide 9: Competent Person's Statement and Listing Rule 5.23 Disclosure
Competent Person’s Statement and Listing Rule 5.23 Disclosure The detailed information relating to the Mineral Resources and Ore Reserves reported in this presentation was announced in the Company’s ASX announcements dated 18 February 2014, 16 September 2015, 30 January 2020 and 23 July 2021 and for
Slide 10: West Pilbara Iron Ore and beyond
West Pilbara Red Hill Iron Limited (ASX: RHI) Level 2, 9 Havelock Street Iron Ore and West Perth WA 6005 redhillinfo@redhilliron.com.au beyond www.redhilliron.com.au
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