Cobalt Blue Holdings Ltd. · ASX:COB
Cobalt Blue — Investor Presentation (February 2018)
24 slides from Cobalt Blue's investor presentation, Feb 20, 2018
Slide 1: Q1 2018 Investor Presentation
For personal use only Q1 2018 Investor Presentation COB : ASX
Slide 2: Cobalt – our increasing dependency
Cobalt – our increasing dependency For personal use only Consumer Electronics Technology Disruption Evolution of Superalloys SMART PHONE FIXED STORAGE 1958: Size = 5.5 Wh Size = 7 kWh BOEING 707 Cobalt: 6grams Cobalt: 3 kgs Cobalt: 15 kgs (*A$0.50) (*A$240) (*A$1,200) Cobalt Sulphates TABLET 1994: B
Slide 3: Cobalt Demand +70% next decade
Cobalt Demand +70% next decade For personal use only …….driven by >300% Cobalt Sulphate Source: CRU, Cobalt Blue Holdings Ltd 3
Slide 4: Mine to battery strategy
Thackaringa – mine to battery strategy For personal use only Co ~25-35% payable Co ~105% payable Traditional Cobalt Model Cobalt Blue Model Source: Cobalt Blue Holdings Ltd 4
Slide 5: People, Power, Water, Road, Rail
Thackaringa – People, Power, Water, Road, Rail For personal use only Source: Cobalt Blue Holdings 5
Slide 6: Cobalt Blue = Thackaringa + COB Process
$ Cobalt Blue = Thackaringa + COB Process For personal use only COB takes first step in process rollout Cobalt Blue - beyond Thackaringa Cooperation with Havilah Resources Potential cobalt district in Broken Hill Source: Havilah Resources & Cobalt Blue Holdings 6
Slide 7: The Cobalt Blue Management Team
The Cobalt Blue Management Team For personal use only “Extensive expertise in mineral exploration and mine development, investment management, corporate law and energy storage.” Independent Chairman – Robert Biancardi IBM, Citibank, Westpac and Evolution Healthcare senior management and Director
Slide 8: COB – World Class Integrated Cobalt Refinery
COB – World Class Integrated Cobalt Refinery For personal use only Top 5 global cobalt supplier – 20,000tpa cobalt sulphate with >20 year life Thackaringa - natural advantage - cobalt + sulphur COB - only primary cobalt play listed on ASX Australia - safe and secure jurisdiction Share Cataly
Slide 9: Appendix
For personal use only Appendix
Slide 10: Cobalt Blue Achievements
Cobalt Blue Achievements For personal use only 1. IPO February 2017 2. Scoping Study January - June 2017 showed positive project potential (not released to market) Drilled 22 diamond holes, and 38 RC holes for 12,000 m Upgraded resource to 54.9Mt at 900 ppm Cobalt = 50,000 t Co 3. Commenced Pre-
Slide 11: CY18 - another big year for Cobalt Blue
“CY18 - another big year for Cobalt Blue” For personal use only >13,000m of drilling targeted for CY18 = One of the largest cobalt exploration commitments on the ASX ASPIRATIONAL TARGET: Significant improvement in size of the Thackaringa cobalt deposit = A global top 5 mining operation with 20 year
Slide 12: Cobalt – less growth
Cobalt – less growth For personal use only Cobalt supply constrained Cobalt supply growth in copper/nickel by-product will average 3-4% to 2020. Cobalt demand growth will average 9% to 2020. Forecast cobalt shortage of 10-20Kt by 2020. Source: CRU Cobalt Blue tonnes are required for market b
Slide 13: Cobalt – the new energy revolution
Cobalt – the new energy revolution For personal use only Share of raw materials’ end-use in batteries, 2015 The New Energy sector is disruptive, rapidly evolving, and delivering returns INCREASINGLY INVESTABLE: Cyclical winners and losers as the sector progresses. RAW MATERIALS: Cobalt is a vita
Slide 14: Cobalt Market - Supply Side at Risk
Cobalt Market - Supply Side at Risk For personal use only Source: CRU & Cobalt Blue Holdings 14
Slide 15: Historical cobalt pricing
Thackaringa – Historical cobalt pricing For personal use only Source: CRU & Cobalt Blue Holdings Ltd 15
Slide 16: Site Layout
Thackaringa – Site Layout For personal use only Source: Cobalt Blue Holdings 16
Slide 17: Significant defined resources
Thackaringa – significant defined resources For personal use only Source: Cobalt Blue Holdings 17
Slide 18: Railway Deposit
Thackaringa – Railway Deposit For personal use only Railway Deposit Source: Cobalt Blue Holdings 18
Slide 19: Pyrite Hill Deposit
Thackaringa - Pyrite Hill Deposit For personal use only Pyrite Hill Deposit Source: Cobalt Blue Holdings 19
Slide 20: Processing summary
Thackaringa - processing summary For personal use only Source: June 2017 Scoping Study – Cobalt Blue Holdings Minimum target payment terms: 100% LME cobalt pricing High-grade cobalt sulphate crystals possible for 5-10% premium margin 20
Slide 21: Comparison with ASX peers
Thackaringa – Comparison with ASX peers For personal use only After simple gravity concentration ROM Grade Source: Cobalt Blue Holdings Ltd 21
Slide 22: Processing - Concentrate
Processing - Concentrate For personal use only Testwork material - 820 kg of ore composited in August 2017. Ore was crushed to p100 @ 1.2 mm and passed through a gravity spiral circuit. The tails were screened, with the fines subjected to froth flotation. The gravity and flotation concentrates were
Slide 23: Processing – Calcine & Leach
Processing – Calcine & Leach For personal use only 100 kg of concentrate produced in November is being treated through the calcine and leach unit operations. The concentrate is thermally treated to remove some of the sulphur into the gas phase. The resulting solid calcine is then leached to extract
Slide 24: Disclaimer
Disclaimer For personal use only The information contained in this confidential document (“Presentation”) has been prepared by Cobalt Blue Holdings (the “Company”). It has not been fully verified and is subject to material updating, revision and further amendment. While the information contained her
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