Podium Minerals Limited · ASX:POD
Podium Minerals — Shareholder Meeting (November 2024)
37 slides from Podium Minerals's shareholder meeting presentation, Nov 25, 2024
Slide 1: Company Update Annual General Meeting
For personal use only Company Update Annual General Meeting 25 November 2024 ASX : POD
Slide 2: Important Notice
Important Notice This Investor Presentation (Presentation) has been prepared by Podium Minerals Limited (ACN 009 200 079) (Company). The information contained in this Presentation has been prepared in good faith by the Company, however no representation or warranty expressed or implied is made as to
Slide 3: Advancing the Parks Reef PGM Project
Advancing the Parks Reef PGM Project Parks Reef PGM project has size, scale, and growth potential For personal use only Located in low-risk jurisdiction of WA, within an established mining district, with 15km strike length and 7.6Moz 5E1 in Resource and significant growth potential at depth. PGM sec
Slide 4: Corporate snapshot
Corporate snapshot Volume traded (# of shares - Cash at 30 September 20241 $2.1M millions) AUD Share price (cents) 10 6 For personal use only Shares on issue (21 November 2024)2 568,433,477 9 Listed options on issue (Ex @ $0.06)3 123,582,758 8 5 Market Cap at 3.3 cents/share (21 November 2024) $18.8
Slide 5: Parks Reef snapshot
Parks PodiumReef Minerals snapshot Limited Parks Reef Project For personal use only • 183Mt Resource contains 7.6Moz Platinum Group Metals (platinum, palladium, rhodium and iridium) plus gold, and base metals (103kt Cu, 143kt Ni and 27kt Co). • Resource defined to 250m, with growth potential likely
Slide 6: Podium has made impressive progress
Podium has made impressive progress Podium has grown its Resource and the sophistication of its Basket of 8 Payable Metals AUD Share price USD price For personal use only (cents) per ounce 90 3,000% increase in share $4,500 price vs ~189% increase in 5E >500m depth potential from basket price Positi
Slide 7: Share Price benchmarking
Share Price benchmarking Podium has performed strongly against industry peers in 2024 Share Price performance of PGM Developers and Producers2 For personal use only 220% 200% Podium 180% 160% 140% 120% 100% 80% 60% 40% 20% 2/01/2024 2/02/2024 2/03/2024 2/04/2024 2/05/2024 2/06/2024 2/07/2024 2/08/20
Slide 8: PGM Market Overview
For personal use only PGM Market Overview PGMs have unique properties and broad uses
Slide 9: PGMs enhance our Daily Lives
PGMs enhance our Daily Lives PGMs critical to transportation decarbonisation, industrial, and green hydrogen Investment & Autocatalysts For personal use only Jewellery (Pt, Pd & Rh) (Pt & Pd) Industrial (e.g. chemical processing) (Pt, Pd, Rh & Os) Fuel Cell Electric vehicles Hydrogen Medical treatme
Slide 10: 2024 PGM Market Overview
2024 PGM Market Overview Net Deficits forecast for key PGMs. Supply dominated by Southern Africa & Russia (87%) For personal use only Automotive Automotive 3.3Moz 8.1Moz 43% 19.7Moz 84% Other 0.5Moz, 7% DEMAND Industrial 7.6Moz Platinum Palladium 9.7Moz 1.4Moz Platinum 7.6Moz 9.7Moz Palladium 14% Je
Slide 11: PGM Outlook
For personal use only PGM Outlook 1. Market Deficits persisting. 2. Underpinned by resilient Demand. 3. Supply eroding – Risk to downside. 4. Shift towards Hybrids. 5. H 2 offers exciting growth upside.
Slide 12: PGM Supply pressures persist
PGM Supply pressures persist Primary (mined) supply struggling and secondary (recycle) industry suppressed, widening and potentially extending deficits For personal use only Total PGM Supply1 (3E 000 oz) Downside risk to Primary Pt supply2 PGM Secondary supply3 2000 2006 2012 2018 2024F Primary (min
Slide 13: PGM Automotive Demand – strong outlook
PGM Automotive Demand – strong outlook Resilient automotive demand underpinned by internal combustion engines and hybrids PGM 2024F Automotive Forecast Light Vehicle production by Forecast automotive PGM demand3 For personal use only Demand split1 Automotive type2 Pt Pd 3.3Moz 8.1Moz 27% 66% Rh 0.1M
Slide 14: PGM Industrial Demand and Hydrogen upside
PGM Industrial Demand and Hydrogen upside Hydrogen economy presents a significant growth opportunity for platinum and iridium PGM 2024F Industrial Growth in hydrogen-linked For personal use only USA France Demand split1 platinum demand forecast2 Japan US$65b in clean €54b 5-year Invest ~US$98.8 bill
Slide 15: Platinum Outlook – Deficits Forecast to continue
Platinum Outlook – Deficits Forecast to continue Platinum underpinned by strong outlook for automotive and industrial sectors, with hydrogen upside • Forecast sustained Pt deficits underpinned by For personal use only Platinum demand1 Sustained platinum deficits2 from 2023 diversified demand base -
Slide 16: Palladium Outlook – Stable automotive demand
Palladium Outlook – Stable automotive demand Palladium demand outlook sustained for foreseeable future despite BEV adoption For personal use only Palladium Demand1 Global automotive demand for Pd by Region1 • Pd highly leveraged to the automotive sector with ~84% of Pd consumed in gasoline ICE vehic
Slide 17: PGM Market Disruption and interim price disconnect
PGM Market Disruption and interim price disconnect Underlying fundamentals strong - market disruption temporarily weighs on sentiment For personal use only Global events triggered 8-year Platinum, Palladium and Rhodium prices1 Current PGM market dynamic: Pt & Pd Rh market disruption: USD /Oz USD/Oz
Slide 18: Advancing Parks Reef Project
For personal use only Advancing Parks Reef Project Developing a low-risk Mining and Metallurgical flowsheet
Slide 19: Parks Reef has Size and Scale
Parks Reef has Size and Scale 183Mt Resource delineated to 250m depth along 15km strike length, with significant growth potential. For personal use only • Significant size and continuity along 15km strike. • Average 15m wide PGM reef with shallow cover. • High grade zones1 (>2g/t 5E PGM) identified
Slide 20: Parks Reef has Significant Growth Potential
Parks Reef has Significant Growth Potential Parks Reef Resource is modelled to 250m with upside potential to depths of >2km For personal use only Resource modelled to 250m depth only: 183Mt for 7.6Moz @ 1.3g/t 5E PGM + base metals1. Metals: 3.7Moz Pt, 3.2Moz Pd, 0.3Moz Rh, 0.1Moz Ir, 0.4Moz Au, 103k
Slide 21: A Highly Mineable Resource
A Highly Mineable Resource Consistency in drill results highlights continuity of bulk and high-grade zones For personal use only High-grade zones: • Hanging wall zone ranges from 1-5m wide. • Footwall zone ranges from 1-3m wide. PRDD0031 11.7m @ 3.71g/t 5E PGM Interpretive geology of PRDD003 cross s
Slide 22: The Podium 5E Ounce is aligned to future PGM Demand
The Podium 5E Ounce is aligned to future PGM Demand Rh Resource – Contained Pt (koz) Pt Rh Growth expected Pt 5% 3,674 48% 4% for Pt and Ir from Ir For personal use only 39% 2,900 Ir hydrogen 1% 1,951 2% Ru Pd 6% 830 Au Pd 83 42% 5% 49% POD CHN FME UFO GAL Podium Ounce (Prill Split1) 2024F PGM deman
Slide 23: Metallurgical flowsheet
For personal use only Metallurgical flowsheet Focused on: 1. Flotation performance improvement. 2. Continued development of a low-risk Metallurgical flowsheet.
Slide 24: Podium's Integrated Metallurgical Flowsheet
Podium’s Integrated Metallurgical Flowsheet Developing an integrated mining and mineral processing flowsheet with the objective of beneficiating and producing high value, saleable, PGM and base metal products For personal use only Incorporating proven processing technologies to process Parks Reef su
Slide 25: Advancing understanding of flotation performance and developing float circuit
Advancing understanding of flotation performance and developing float circuit Focus on key performance drivers in order to produce a high-grade PGM concentrate For personal use only Key Driver Target Outcomes Recovery Target PGM recoveries >70%. Minimise (<5%) mass reporting to Mass Pull the concent
Slide 26: Strategic Proposition
For personal use only Strategic Proposition Building an Australian PGM Producer
Slide 27: Development Focus
Development Focus Advancing the Parks Reef Project, focused on Stage 2 Flotation performance improvements For personal use only Key Focus areas Technical Drilling: Short-spaced, shallow, diamond drilling campaign targeting bulk and high-grade 1. sections to provide diamond core for metallurgical tes
Slide 28: DOCA approved by EVM Nickel Pty Ltd Creditors
For personal use only DOCA approved by EVM Nickel Pty Ltd Creditors 1. To acquire EVM Nickel Pty Ltd assets. 2. Subject to approval by Podium shareholders & FIRB.
Slide 29: Bringing Parks Reef and Range Well Back Together
Bringing Podium Minerals Parks Reef Limited and Range Well Back Together Targeting to reconsolidate the Oxide1 and Sulphide Rights2 on Podium’s tenements For personal use only Range Well Project Nickel laterite resource3. EV Nickel mineral resource3 of 350Mt at 0.64% Nickel for 2.22Mt Ni. Contains3
Slide 30: Summary of DOCA
Summary of DOCA Podium DOCA approved by EV Nickel Creditors For personal use only Deal Consideration Podium to acquire the EV Nickel Assets: Pay $1.17m in cash to cover Administrator costs, priority creditors (i.e. lawyers etc) and unsecured creditors. • All the tenements held. • The Oxide Rights to
Slide 31: About Johnson Matthey plc
About Johnson Matthey plc JM is a global PGM player and industry leader in developing PGM-based decarbonisation, energy and industrial technologies For personal use only JM Businesses – catalysing the net zero transition Catalyst Hydrogen Clean Air Technologies Technologies • Established in 1817. De
Slide 32: DOCA – Strategic Rationale and Potential Benefits
DOCA – Strategic Rationale and Potential Benefits Successful delivery of the DOCA could unlock several benefits for Podium For personal use only • Reconsolidate the Range Well and Parks Reef projects under one umbrella: o Podium reasserts primacy over its mining leases. o Consolidate mining rights o
Slide 33: Podium Investment Proposition
For personal use only Podium Investment Proposition 1. Progressing Parks Reef. 2. Positioning for PGM price recovery. 3. Driving Corporate Opportunities.
Slide 34: Podium's Investment Proposition
Podium’s Investment Proposition Podium’s Parks Reef Project is well placed through its size, scale and Basket composition: For personal use only • Significant 15km strike contains 7.6Moz 5E Resource (modelled to 250m), with upside growth potential. • Located in a low-risk, mining friendly jurisdicti
Slide 35: Contact details
For personal use only Rod Baxter (Executive Chairman) Justine Lea (Chief Financial Officer) E info@podiumminerals.com Level 1, 43 Stirling Hwy, Nedlands, Western Australia 6009 T (+61) 8 9218 8878 W www.podiumminerals.com podium-minerals-limited @PodiumMinerals ACN 009 200 079
Slide 36: Appendix - Peer Benchmarking References
Appendix - Peer Benchmarking References Benchmarking sources Pt Moz Status Reference link For personal use only POD 3.67 3.67 Moz Inferred https://wcsecure.weblink.com.au/pdf/POD/02791223.pdf CHN 2.90 0.02 Moz Measured, 1.8 Moz Indicated and 1.1 Moz Inferred https://chalicemining.com/wp-content/uplo
Slide 37: Appendix - Mineral Resource Estimate
Appendix - Mineral Resource Estimate Inferred Mineral Resource Estimate announced on 3 April 2024 For personal use only Inferred 183Mt Resource1 Pt Pd Rh Ir Au 5E PGM Cu Ni Co Grade 0.62g/t 0.55g/t 0.05g/t 0.02g/t 0.06g/t 1.30g/t 0.06% 0.08% 0.015% Metal 3.7Moz 3.2Moz 0.3Moz 0.1Moz 0.4Moz 7.6Moz 103
Podium Minerals — Shareholder Meeting (November 2024) on 6ix