Cokal Limited · ASX:CKA
Cokal — Investor Presentation (July 2011)
29 slides from Cokal's investor presentation, Jul 25, 2011
Slide 1: Investor Presentation July 2011
For personal use only Investor Presentation July 2011
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: Overview
OVERVIEW For personal use only 1. Strong, Diverse Executive Team 2. Metallurgical Coal focus, in global context 3. Prospective Assets 4. Financial Backing 5. Commitment and Experience to bring assets to Production 3
Slide 4: Strong Diverse Team
STRONG DIVERSE TEAM For personal use only Corporate, Exploration and Operational Strength Peter Lynch - Executive Chairman Pat Hanna - Executive Director Jim Middleton - Managing Director Domenic Martino - Non-Executive Director Duncan Cornish - CFO and Company Secretary Chris Turvey - Exploration a
Slide 5: Strong Coal Pedigree
STRONG COAL PEDIGREE For personal use only Peter Lynch Pat Hanna - Executive Chairman - Executive Director Mining Engineer, 47, over 24 years Geologist, 56, over 30 years experience all experience mainly in coal. in coal. Proven track record in coal project Extensive experience in Indonesian
Slide 6: Strong Coal Pedigree
STRONG COAL PEDIGREE For personal use only Jim Middleton Domenic Martino - Managing Director - Non Executive Director Mining Engineer, 47, over 30 years all coal Former CEO Deloitte Touche Tohmatsu mining experience. Australia. Highly successful career with the majors, Key player in the re-b
Slide 7: Experienced Executive Team
EXPERIENCED EXECUTIVE TEAM For personal use only Duncan Cornish Chris Turvey - CFO & Company Secretary - Exploration and Resource Chartered Accountant, Ernst & Young and Manager PWC background Geologist, 48, over 22 years coal Successful IPO and RTO record on ASX, TSX experience. and AIM liste
Slide 8: Experienced Executive Team
EXPERIENCED EXECUTIVE TEAM For personal use only Yoga Suryanegara Tri Yoso - Exploration and Resource - Senior Resource Geologist Manager Indonesian Geologist with International Experience. Indonesian Geologist with International Experience. Ex Senior Coal Geologist in Riversdale for 3 years (
Slide 9: 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 9
Slide 10: Strategy: Metallurgical Coal
STRATEGY For personal use only Metallurgical Coal Strong and prospective volume growth Source Bhpbilliton 2010 Source: CISA; WMM; Global Insight; BHP Billiton Analysis 10
Slide 11: Strategy: Metallurgical Coal
STRATEGY For personal use only Metallurgical Coal Strong & prospective pricing Data: CRU Analysis 11
Slide 12: Strategy: Metallurgical Coal (cont'd)
STRATEGY For personal use only Metallurgical Coal (cont’d) Current Assets in Emerging Metallurgical Coal Basin – Kalimantan View to seek appropriately prospective opportunities (see Tanzania) Pursue development to production within reasonable timeframe Major Basins Bowen – Qld USA Ca
Slide 13: Strategy: Respect for Stakeholders and Ethics
STRATEGY For personal use only Respect for Stakeholders and Ethics Distinguish ourselves as valued mining operator for Employees, Communities, Regulators and Investors. Long term value generation. Low risk management of regulatory issues. Environmental and safety values Technical Skills an
Slide 14: Company Structure
COMPANY STRUCTURE For personal use only Cokal Limited (CKA) Transaction completed 23rd December $20.0M private placement @ 30c New Board of Peter Lynch, Jim Middleton, Pat Hanna and Domenic Martino installed Passport Capital Placement $12.0M @ 75c Capital Structure CKA (pre transaction)
Slide 15: Market Capitalisation
MARKET CAPITALISATION For personal use only Million Dollars (A$) Coal Companies $2,941 $796 624 $524 $289 $247 * $203 $181 $158 BORN.JK BTU.AX CZA.AX COK.AX HUN.AX CKA.AX AFR.AX KRL.AX CLR.AX *as at 20 July 2011 15
Slide 16: Initial Assets: Kalimantan Tenements
INITIAL ASSETS For personal use only Kalimantan Tenements Four tenements and company structure agreed: BBM – 60/40 with local owner. 20k ha – straddles Barito River, adjacent to BHPB tenements BBP – 60/40 with local owner. 13k ha – adjacent to BHP tenements (Maruwai) AAK – 75/25 with local
Slide 17: Drilling Confirms Excellent Coal Quality
DRILLING CONFIRMS EXCELLENT COAL QUALITY For personal use only Collar Depth to Depth to Hole / Easting Northing angle Nett Coal No seams / RL Remark 1st Coal base Coal Sample (local Grid) (local Grid) o (m) plys (m) (m) (m) BBM001 275,793 9,761,801 109 90 Drillhole 25.90 4.19 4 39.25 BBM002 276,794
Slide 18: Premium Quality Metallurgical Coal
PREMIUM QUALITY METALLURGICAL COAL For personal use only 18
Slide 19: Premium Quality Metallurgical Coal
PREMIUM QUALITY METALLURGICAL COAL For personal use only 19
Slide 20: Premium Quality Metallurgical Coal
PREMIUM QUALITY METALLURGICAL COAL For personal use only 20
Slide 21: Project Locations – Indonesia
PROJECT LOCATIONS – INDONESIA For personal use only 21
Slide 22: Project Locations - Indonesia
PROJECT LOCATIONS - INDONESIA For personal use only 22
Slide 23: Project Information - Indonesia
PROJECT INFORMATION - INDONESIA For personal use only BBM (Bumi Barito Mineral) - 60/40 ownership Straddles the Barito River, with coal seam outcrops on riverbanks Outcrops have bright coal drilling and laboratory analysis confirms premium quality metallurgical coal Laboratory tests indicate
Slide 24: Project Information - Indonesia
PROJECT INFORMATION - INDONESIA For personal use only AAM (Anugerah Alam Manuhing) - 75/25 ownership 11 Outcrops, up to 4m in thickness Outcrops have bright coal 10,000 ha AAK (Anugerah Alam Katingan) - 75/25 ownership 5 Outcrops 1-2m in thickness Outcrops have bright coal and possib
Slide 25: 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 fu
Slide 26: Tanzania Joint Venture
TANZANIA JOINT VENTURE For personal use only Two companies being formed JV1 - 50:50; JV2 - 60:40 JV1 has tenement JV2 vehicle for further prospects Part of Karoo Basin (per Mozambique) 26
Slide 27: Project Location - Tanzania
PROJECT LOCATION - TANZANIA For personal use only 27
Slide 28: Milestones - 2011
MILESTONES - 2011 For personal use only Q1 - Geologists mapping – Kal Q1 - Drilling to commence – Kal Q2 - Drilling to commence – Tanz Q2 - Coal quality data – Kal Q3 - Initial resource – Kal Q3 - Coal Quality data - Tanz Q4 - Concept Studies commence – Kal 28
Slide 29: 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 29