Cokal Limited · ASX:CKA
Cokal — Investor Presentation (August 2012)
21 slides from Cokal's investor presentation, Aug 6, 2012
Slide 1: Investor Presentation August 2012
For personal use only Investor Presentation August 2012
Slide 2: Disclaimer
DISCLAIMER For personal use only This presentation has been prepared by the management of Cokal Limited (the Company) in connection with meetings with institutional investors, for the benefit of brokers and analysts and not as specific advice to any particular party or person. The information is bas
Slide 3: Our Focus
OUR FOCUS For personal use only ¾ Building A Global Metallurgical Coal Business ¾ Positive and Agile Decision Making ¾ Respect for all Stakeholders ¾ Ethical Decision Making ¾ Technical Skills for Innovative Solutions ¾ Results Orientated 3
Slide 4: Strong Board - Coal Pedigree
STRONG BOARD COAL PEDIGREE For personal use only Peter Lynch - Executive Chairman, Mining Engineer, 25 years experience in mining; MIM, Shell Coal, MacArthur Coal, Open Cut & Underground, TSX and ASX:WCI. Pat Hanna - Executive Director, Geologist, over 30 years experience all coal; Globally consulti
Slide 5: Diverse and Experienced Management
DIVERSE AND EXPERIENCED MANAGEMENT For personal use only Duncan Cornish – Joint Company Secretary, Chartered Accountant, Ernst & Young and PWC; Successful IPO and RTO record on ASX, TSX and AIM listed companies including TSX – WCI, WCB; AIM – SLG; ASX–DGR, PGM, MET, BOW, WCI, SA, SMR. Chris Turvey –
Slide 6: Executive Summary
EXECUTIVE SUMMARY For personal use only Cokal Limited (CKA) COKAL CAPITAL • Listed on the ASX in December 2010 STRUCTURE • Developing Metallurgical Coal Projects in Central Kalimantan AS AT 02 August 2012 • Objective: Metallurgical coal producer by H1 FY2014 ASX Code CKA Bumi Barito Mineral Project
Slide 7: Project Locations - Indonesia
PROJECT LOCATIONS – INDONESIA For personal use only 7
Slide 8: Project Locations - Central Kalimantan, Indonesia
PROJECT LOCATIONS - Central Kalimantan, INDONESIA For personal use only 8
Slide 9: Central Kalimantan, Indonesia
Central Kalimantan INDONESIA For personal use only Four tenements and company structure: BBM – 60/40 shareholding through PMA company ownership of IUP with local owner. 19,920 ha straddles the Barito River, with outcrops that have bright coal. Drilling and lab analysis confirm metallurgical coal –
Slide 10: Central Kalimantan, Indonesia cont.
Central Kalimantan, INDONESIA cont., For personal use only BBP – 60/40 with local owner, PMA company ownership structure. 13k ha directly adjacent to BHP, Maruwai. Has bright coal seam outcrops, laboratory tests indicate low in-situ ash, low sulphur, ultra-low phosphorous and high energy ¾2 drill
Slide 11: BBM - 77Mt Indicated and Inferred Resource
BBM – 77MT INDICATED AND INFERRED RESOURCE For personal use only Resources by seam Resources by depth Seam Indicated Inferred Total Indicated Inferred Total Seam Depth Range Thickness Resources Resources Resources Resources Resources Resources Name (m) (m) (Mt) (Mt) (Mt) (Mt) (Mt) (Mt) J 1.40 7.0 10
Slide 12: BBM - Premium Quality Coking and PCI Coal
BBM - PREMIUM QUALITY COKING AND PCI COAL For personal use only Coal Quality of B, C and D Seams Inherent Volatile Fixed Total Calorific Relative Phos- Low insitu‐ash allows Seam Product Moisture Ash Matter Carbon Sulphur Value CSN Density phorus direct shipping D PCI 0.9 5.1 10.3 83.7 0.43 8,204
Slide 13: BBM - Potential to Increase Size
BBM – POTENTIAL TO INCREASE SIZE For personal use only • Exploration Target1 of 200 – 350Mt down to 200m depth. • This potential is in additon to the current 77 Mt JORC Indicated & Inferred Resources • Comprised of 13 Seams in the Eastern Block of BBM (40% of the tenement area) 1. Refer Exploration
Slide 14: Indonesian Projects - Delivery Schedule
INDONESIAN PROJECTS - DELIVERY SCHEDULE For personal use only 14
Slide 15: Developing Infrastructure
DEVELOPING INFRASTRUCTURE For personal use only • Two river ports and two coal‐ fired power stations to facilitate met coal production • Working together for mutual benefit with the Murung Raya Regency • CSR program on education and training, employment and local infrastructure Dr Willy Yoseph (Head
Slide 16: Corporate Social Responsibility
CORPORATE SOCIAL RESPONSIBILITY For personal use only • Assisted with materials and labour to make repairs to the local school • Provided medical support to the community; arranging an ophthalmologist to run a free clinic • Co‐operative business which employs local people to assist Cokal with logist
Slide 17: Project Location - West Kalimantan, Indonesia
PROJECT LOCATION West Kalimantan, INDONESIA For personal use only • Cokal 75.2% interest in PT Silangkop Nusa Raya (SNR) • Three IUPs in Singtang Regency, West Kalimantan covers an area of 13,000 hectares • Outcrop samples show high volatile, low ash, moderate sulphur and low phosphorus coking coal
Slide 18: Project Location - Tanzania
PROJECT LOCATION - Tanzania For personal use only ¾ Two companies formed ¾ JV1 ‐ 50:50; JV2 ‐ 60:40 ¾ JV1 has tenement ¾ JV2 vehicle for further prospects ¾ Part of Karoo Basin (per Mozambique) ¾ Identifying further target drilling 18
Slide 19: EMEM Co-operation Agreement
EMEM CO-OPERATION AGREEMENT For personal use only ¾ Mozambique Government owned EMEM and Cokal will jointly develop coal projects that EMEM gain title to in the emerging, vast Mozambique metallurgical coal basin ¾ EMEM will have 20% ownership and Cokal 80% of the JV company ¾ Cokal will provide fund
Slide 20: Market Capitalisation
MARKET CAPITALISATION For personal use only Million Dollars A$ Coal Companies $913 $260 $195 $158 $158 $72 $61 $56 $45 BORN.JK CZA.AX BTU.AX COK.AX NCR.AX CKA.AX AFR.AX CLR.AX TIG.AX As at 02 August 2012 20
Slide 21: Summary
SUMMARY For personal use only ¾ Executive Team with strong track record ¾ High Margin Metallurgical Coal confirmed ¾ Assets with Good Prospectivity ¾ Strong Ability and resolve to bring Assets into Production ¾ High Integrity for Long Term value ¾ Plans for Global footprint 21