Slide 1: Investor Presentation May 2012
For personal use only Investor Presentation May 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 Building A Global Metallurgical Coal Business Positive and Agile Decision Making Respect for all Stakeholders Ethical Decision Making Technical Skills for Innovative Solutions 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 Vic Kuss – Chief Financial Officer, Chartered Accountant; successful growth and development of resources and resource related companies; M&A activities and capital raising; worked extensively in a number of overseas mining and resource related
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 18 MAY 2012 • Objective: Metallurgical coal producer by mid 2013 ASX Code CKA Bumi Barito Mineral Project Shar
Slide 7: Project Locations - Indonesia
PROJECT LOCATIONS – INDONESIA For personal use only 7
Slide 8: Project Locations - Indonesia
PROJECT LOCATIONS - INDONESIA For personal use only 8
Slide 9: 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 development Dr Willy
Slide 10: Indonesia
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 – low in- situ ash,
Slide 11: Indonesia cont.
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 2 drill rigs in place Targe
Slide 12: BBM JORC Inferred Resource
BBM JORC INFERRED RESOURCE For personal use only 60 Mt JORC inferred Resource from 8% of BBM lease area 60% Coking Coal and 40% PCI Continuing to define further Coal Resources in areas of Low strip ratio with higher percentages of Coking Coal Good potential to increase Inferred Resource size
Slide 13: BBM - High Quality Coal Attributes
BBM - HIGH QUALITY COAL ATTRIBUTES For personal use only Depth Category Inferred Coal Resource (m) (Mt) Inferred Seam Thickness Seam Name Resources (m) (Mt) 0 – 50 5.0 50 – 100 10.0 D 1.30 25.0 100 – 150 10.0 C 1.06 20.0 150 – 200 10.0 B 0.87 15.0 200 – 300 25.0 TOTAL 60.0 TOTAL 60.0 Volatile Calori
Slide 14: Project Location Indonesia - West Kalimantan
PROJECT LOCATION INDONESIA – West Kalimantan 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 • Out crop samples show high volatile, low ash, moderate sulphur and low phosphorus coking coa
Slide 15: Indonesian Projects - Delivery Schedule
INDONESIAN PROJECTS - DELIVERY SCHEDULE For personal use only 15
Slide 16: Project Location - Tanzania
PROJECT LOCATION - TANZANIA For personal use only Two companies formed JV1 - 50:50; JV2 - 60:40 JV1 has tenement JV2 vehicle for further prospects Part of Karoo Basin (per Mozambique) 16
Slide 17: EMEM Co-operation Agreement
EMEM CO-OPERATION AGREEMENT For personal use only Mozambique Government owned EMEM and Cokal will jointly develop coal projects that EMEM gain title to in the emerging, vast Mozambique metallurgical coal basin EMEM will have 20% ownership and Cokal 80% of the JV company Cokal will provide fund
Slide 18: Market Capitalisation
MARKET CAPITALISATION For personal use only Million Dollars A$ Coal Companies $1,385 $403 $356 $234 $192 $123 $102 $60 $53 BORN.JK CZA.AX BTU.AX COK.AX NCR.AX CKA.AX CLR.AX AFR.AX TIG.AX As at 18 May 2012 18
Slide 19: Summary
SUMMARY For personal use only Executive Team with strong track record High Margin Metallurgical Coal confirmed Assets with Good Prospectivity Strong Ability and resolve to bring Assets into Production High Integrity for Long Term value Plans for Global footprint 19