Pacific Lime And Cement Limited · ASX:PLA
Pacific Lime And Cement — Investor Presentation (October 2020)
26 slides from Pacific Lime And Cement's investor presentation, Oct 19, 2020
Slide 1: Company Presentation
Company Presentation October 2020
Slide 2: Why Papua New Guinea?
Appetite for economic diversification – a supportive government, with track record of enabling major projects (e.g. PNG LNG) and a desire to diversify and attract new industry Why Papua New Guinea? A proven mining jurisdiction – an established and robust legislative framework based on Australian reg
Slide 3: Why Mayur?
Advantageous project locations – on coast with easy development access and lower cost logistics to service domestic and export markets Why Mayur? Projects significantly de-risked - strong government and community support, key approvals and licenses secured with projects execution ready Lowest cost p
Slide 4: Projects
RAMBUTYO GOLD PROJECT Projects KONOS COPPER / GOLD PROJECT SIMBERI (AU) LIHIR (AU) Mayur has a unique portfolio of projects KABANG GOLD PROJECT under development. FRIEDA (CU/AU) SINIVIT (AU) All projects are coastal or near the coast OK TEDI (CU/AU) for easy development access to seaborne PORGERA (A
Slide 5: CCL – the Value Proposition: Central Cement & Lime Project
CCL – the Value Proposition: Central Cement & Lime Project ✓ - Cost Low Production ✓ - Quality High Products ✓ - Proximity Customers to ✓ - Established & Growing Markets A high quality project with strong fundamentals STRUCTURAL Ready to serve Australia’s structural shift from COASTAL Quarry, plant
Slide 6: PNG’s first cement and lime project
Execution ready with pre-construction approvals in place Central Cement & Lime Project CCL PORT MORESBY PNG’s first cement and lime project ✓ Mining Licence granted in August 2020 ✓ Environmental approvals in place ✓ Construction Bids received ✓ Full support from State, Provincial Governments & Land
Slide 7: Domestic and export markets with large expansion opportunities
Domestic and export markets with large expansion opportunities Central Cement & Lime Project CCL Production CCL addressable market^ Strategy Cement Displace imports into PNG and service growing domestic demand Established and growing markets 0.90mtpa >1.9mtpa Export to Australia (currently imports ~
Slide 8: PNG domestic cement drivers
Short term capture current demand (replace imports) and long term serve Central Cement & Lime Project PNGs future growth GDP + cement consumption GDP + electricity consumption PNG domestic cement drivers ~700kg per capita PNG government, private investment, and State aid & international development
Slide 9: Freight advantages
Central Cement & Lime Project JAPAN VIETNAM Japan to Brisbane Freight advantages Significantly closer to users in Australia and the Vietnam to Brisbane 8250km South Pacific than other seaborne supply 8290km Lower shipping cost and carbon footprint due to shorter sailing times PNG Additional benefits
Slide 10: Australian structural shift: away from domestic production to increased clinker imports
Central Cement & Lime Project CCL will be the closest kiln to the Australian market – Australia’s “VIRTUAL KILN” 4,500,000 4,000,000 Australian Clinker Imports And Production, Mtpa Australian structural shift: Clinker production is falling away from domestic from3,500,000 Australia’s remaining aging
Slide 11: Australian structural shift: moving to cement imports
Central Cement & Lime Project Closest seaborne supply to meet increasing bulk cement demand from Australia / NZ Australian Cement Imports And Production, Mtpa Australian structural shift: moving to cement imports Cement consumption in Australia continues to follow upward trajectory. Emerging trend i
Slide 12: PNG domestic lime driven by mining sector
Central Cement & Lime Project Well Established Domestic Demand – Driven by Strong pipeline of future demand – New PNG gold/Nickel existing PNG Gold Sector projects PNG domestic lime driven by mining sector The Project will serve as an import replacement to service PNGs vibrant gold, copper and Nicke
Slide 13: Australian lime industry ‘ripe for disruption’
Central Cement & Lime Project Changing market dynamics in Australia’s lime industry offer further opportunities for CCL to target future expansion Australian lime industry ‘ripe for disruption’ Lime consumption in Australia continues to GlobalCement July 2020 follow upward trajectory. New sources of
Slide 14: Project schedule
Central Cement & Lime Project Assessing option to fast-track the lime kiln in Project schedule advance of the clinker and cement. Indicative Timeline Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 EPC Award Early Works Project EPC Construction Quicklime Plant Cement Plant Power Station Wharf and Marine Commission • CCL
Slide 15: Orokolo Bay – A fast pathway to cash flow
A simple, low cost surface mining operation with multiple products onshore, excavators and gravity/magnetic processing; 15-year LOM, mineralisation at surface with low extraction cost Orokolo Bay – A fast pathway to cash flow ~USD25m EBIT once in full production ✓ DFS released Sept 2020* ✓ Low capex
Slide 16: Pilot Plant under construction
Orokolo Bay Industrial Sands Project Pilot Plant under Simple Sands Mining and Processing - construction Bulk sampling pilot plant proposed circuit Finalising equipment procurement for bulk sampling pilot plant. Landowner agreements signed for bulk sampling area. Bulk sampling pilot plant constructi
Slide 17: Amazon Bay – a sleeping giant
Amazon Bay – PORT MORESBY Amazon Bay Port Moresby a sleeping giant Three high value product streams - Iron, Vanadium, TiO2 Coastal plain view with mineral sands strandlines Large area with multiple heavy mineral strandlines with the potential to host globally significant resources of vanadium-titani
Slide 18: Lae Enviro Energy Park (EEP) Project
TO EAST TARAKA SUB STATION APPROX. 8 km Lae EEP LAE Project Site Lae Enviro Energy PORT MORESBY Park (EEP) Project New supply of cheap, reliable electricity and steam for Lae 52.5MW power station Provide Lae with access to reliable, affordable City of Lae and sustainable base load power Current reli
Slide 19: Lae EEP Project 3D image of power plant
Lae EEP Project 3D image of power plant Wharf and cooling water intake Lae tidal basin Plant takes solar, biomass, coal and produces steam by-product ✓ DFS completed, modern boiler technology, up Main cogen facility to 50% biomass ✓ PPA to provide power at 9–12.7 US cents kWh ✓ Use of Mayur’s coal f
Slide 20: Depot Creek Coal Project
DEPOT CREEK PORT MORSEBY Depot Creek Coal Project Depot Creek Project 12.8Mt JORC Resources +210Mt Regional Exploration Target Purari Prospect Licences in close proximity to rivers and coast for access to the seaborne markets (domestic and export) Target for use at the Company’s Lae EEP (50MW requir
Slide 21: Copper & Gold Projects
Spin out will crystalize see through value of copper and gold assets Copper & Gold Projects Geological rationale based on finding and developing epithermal (volcanic arcs setting) and porphyry systems. Mayur is advancing a process to spinout and acquire additional assets into a new publicly- listed
Slide 22: Leadership
Leadership An experienced management team with an impressive track record of initiating, Paul Mulder Rob Neale Tim Crossley Hubert Namani Frank Terranova developing and MANAGING DIRECTOR CHAIRMAN EXECUTIVE DIRECTOR INDEPENDENT DIRECTOR INDEPENDENT DIRECTOR managing major resource projects in Former
Slide 23: Share price
Share price Corporate overview $A0.43 30 September 2020 close First round 52 week high 65c, low 15c investors 18% Board & Shares on issue Management 179m Institutional 16% 40% Options (unlisted) 13.5m Retail 26% Market capitalisation Nation building in Papua New Guinea $83m fully diluted basis 23 AS
Slide 24: Summary
Advantageous project locations – on coast with easy development access and lower cost logistics to service domestic and export markets Summary Projects significantly de-risked - strong government and community support, key approvals and licenses secured with projects execution ready Lowest cost prod
Slide 25: Competent Person Statements
Competent Person Statements contained in this presentation relating to Mineral Resources and Ore Reserves estimates for the Central Cement and Lime Project are based on, and fairly represents, information and supporting documentation prepared by Mr. Rod Huntley, who is a member of the Australian Ins
Slide 26: Disclaimer
Disclaimer This presentation has been prepared by Mayur Resources Limited ARBN 619 770 277 (“Mayur” or the “Company”). The information contained in this presentation is for information purposes only and has been prepared for use in conjunction with a verbal presentation and should be read in that co
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