Slide 1: ASX Announcement
ASX Announcement 05 May 2022 Corporate Presentation African iron ore explorer and developer, Genmin Limited (Genmin or the Company) (ASX:GEN), advises Mr Joe Ariti, the Company’s Chief Executive Officer, will be completing a series of investor meetings over the coming week. A copy of the Company’s c
Slide 2: Corporate Presentation May 2022
Corporate Presentation May 2022
Slide 3: Important Notice
Important Notice This presentation is provided by Genmin Limited ACN 141 425 292 (Genmin or the Company). Statements in this presentation are made only as at the date of this presentation and the information in this presentation remains subject to change without notice. The information in this prese
Slide 4: Value proposition: Emerging, greener African iron ore producer
Value proposition: Emerging, greener African iron ore producer Tier 1 African jurisdiction; mining and oil production since 1960’s Unlocking a new iron ore province in south-east Gabon Control of 2,500km2 with a defined mineralised strike of 121km; only 13% drill tested to date Greener, high value-i
Slide 5: High value, greener iron ore in Africa
High value, greener iron ore in Africa Unlocking potential iron ore hub and near-term value • Large geological endowment • 121km of mineralised strike • 13% included in the resource inventory • Ongoing drilling of mineralised strike to grow mineral resources • On track for first cashflow in mid-2024
Slide 6: Gabon: established resources industry
Gabon: established resources industry Investment friendly & stable country • Politically & economically stable • Population ~2.1M people; modern cities & high urbanization rate • GDP ~USD15B • Signature to Extractive Industries Transparency Index (EITI) • Existing bulk manganese mining from 1960’s;
Slide 7: Strategic Footprint
Strategic Footprint Control of all local acreage prospective for iron ore ➢ 2,500km2 landholding over two (2) projects (four (4) exploration licences) ➢ 100% ownership ➢ 121km mineralised strike with less 15% drill tested Infrastructure Endowment: ➢ Operating rail, port & hydropower infrastructure ➢
Slide 8: Preliminary Feasibility Study (PFS)
Preliminary Feasibility Study (PFS) Well advanced, staged development to match infrastructure capacity • Stage 1: nameplate 5Mtpa processing facility ➢ Stage 1A – operated at 2-3Mtpa with road haulage to temporary rail head ➢ Stage 1B – ramp up production to nameplate 5Mtpa capacity on completion of
Slide 9: Preliminary Feasibility Study
Preliminary Feasibility Study Completed by global bankable consultants PFS consultants by major scopes Geological and Process Port Shipping Value-In-Use Financial mine planning Engineering assessment Consultant Assessment Modelling • Mineral Resource • Process flowsheet • Owendo Mineral Port • Shipp
Slide 10: Resource Growth
Resource Growth Significant upside on existing value proposition • 12 major prospects at differing maturity • Total mineralised strike of 85km • Detrital Iron Deposit (DID) mineral resources at five (5) prospects • Oxide/Primary mineral resources at two (2) prospects • Maiden Oxide/Primary mineral r
Slide 11: Value-in-use & offtake
Value-in-use & offtake Price premiums & strong demand • Independently assessed by Central South University, China; more advanced than PFS level • Baniaka Lump & Fines characterised as: ➢ High grade, 63-64% Fe ➢ Low in deleterious elements ➢ High quality raw materials for iron making • Fines improve
Slide 12: Renewable hydroelectric power locked in
Renewable hydroelectric power locked in Cleaner, greener and lower cost • Grand Poubara hydropower station is located 30km from Baniaka with 200MW of installed capacity • 30MW locked in at <US¢10 per kWh with provision to go to 50MW as project scale expands • Renewable hydropower reduces Scope 1 and
Slide 13: Rail & Port Infrastructure
Rail & Port Infrastructure Trans-Gabon Railway connects to Owendo Mineral Port • Existing & operating rail and bulk port infrastructure in place • MoU in place for a mine-gate to ocean going vessel (OGV) logistics solution • Cape Class OGV to be loaded at the port • Rail spur of 60km required to con
Slide 14: Magnetite Option Value Growth Opportunity
Magnetite Option Value Growth Opportunity 325 Unlocking clean, green, magnetite value 275 • Magnetite mineralisation underlying the Oxide beneficiates to a 69-71% Fe 225 concentrate US$/dmt 175 • Suitable as high-grade pellet, or direct reduction (DR) feeds 125 • Pellet/DR market will continue to gr
Slide 15: Social & Environmental Impact Assessment (SEIA)
Social & Environmental Impact Assessment (SEIA) Fast tracking Mining Permit Application • Golder in partnership with local consultant TEREA, appointed to manage SEIA • SEIA Terms of Reference submitted to the Environmental Administration • Two seasons of social, biological and physical baseline data
Slide 16: ESG – an Important Focus
ESG – an Important Focus Proactively engaged Digbee • Independent, third-party assessment of ESG performance • ESG scores range from A (maximum) to CCC (minimum), with inaugural score expected in mid-2023 • ESG score maps to existing global standards, i.e. Equator Principles, IFC, etc • Industry fin
Slide 17: COVID-19 Response
COVID-19 Response Vaccination & management plan • COVID-19 response now a routine part of our business • Management Plan includes vaccination program for local Gabonese workers and immediate families • No material health or absenteeism impacts on operations • COVID challenges almost exclusively in g
Slide 18: Capital Structure & Analyst Coverage
Capital Structure & Analyst Coverage ASX: GEN Shareholders (May 2022) Item Unit No. Share price1 AUD 0.20 Tembo Capital 35% Shares on issue3 M 405.7 GV (Joe) Ariti Options on issue M 11.7 61% Other Shareholders 7.5 4% Performance rights M Fully Diluted Capital M 424.9 Market Capitalisation1 AUDM 81.
Slide 19: Experienced Board & Management
Experienced Board & Management Michael John Giuseppe Salvatore Brian van Arnett Hodder (Joe) Ariti (Pietro) Amico Rooyen Independent Non-Executive Managing Director Independent Non-Executive Independent Non-Executive Chairman Director & CEO Director Non-Executive Director Terry Quaife Zaiqan Zhang M
Slide 20: Looking ahead
Looking ahead Newsflow and milestones Mineral Resource Updates Completion of PFS and move to “lite” FS Commence detailed design of processing infrastructure Completion of Social and Environmental Impact Assessment Submit mining permit application Finalisation of major service agreements and contract
Slide 21: CONTACTS
CONTACTS Michael Arnett | Chairman Joe Ariti | Managing Director & CEO T: +61 8 9200 5812 E: admin@genmingroup.com genmingroup.com | ASX:GEN