Fenix Resources Limited · ASX:FEX
Fenix Resources — Investor Presentation (July 2021)
13 slides from Fenix Resources's investor presentation, Jul 13, 2021
Slide 1: A High-Grade, High Margin Australian Iron Ore Miner
For personal use only FENIX RESOURCES LIMITED A HIGH-GRADE, HIGH MARGIN AUSTRALIAN IRON ORE MINER Corporate Presentation F E N I X R E S O U R C E S L I M I T E D ( A S X : F E X )
Slide 2: Important Disclosure
Important Disclosure This Presentation has been approved by the Board of Fenix Resources Limited For personal use only Disclaimer • The material in this presentation has been prepared by Fenix Resources Limited (“Fenix”) and is general background information on Fenix. This information is given in su
Slide 3: Company Overview
For personal use only Company Overview F E N I X R E S O U R C E S L I M I T E D ( A S X : F E X )
Slide 4: Why invest in Fenix
Why invest in Fenix A New High-Grade Iron Ore Miner Hitting its Targets For personal use only • 687,400 tonnes of ore mined by the end of the June quarter • 500,600 tonnes of premium Iron Ore sold by the end of the June quarter World Class WA High-Grade 64.2% Iron Mining Jurisdiction Ore Resource •
Slide 5: Corporate Overview
Corporate Overview Capital Structure & Pricing For personal use only Share Price History Ordinary shares on issue 470.2m Vendor Performance Shares 1 97.5m Unlisted Options 2 2.0m Share Price (12th July 2021) $0.42 Market capitalisation (undiluted) $197.5m Cash3 $69.0m Debt Nil Enterprise Value (undi
Slide 6: Performance Overview
Performance Overview For personal use only Performance at a Glance Item Unit June Q FY21 March Q FY21 Lump product sales kwmt 129 113 Fines product sales kwmt 151 107 Total Ore Sales kwmt 281 220 Platts 62% Fe CFR price, average US$/dmt 200.0 166.9 Average Realised FOB price US$/dmt 185.2 156.1 Aver
Slide 7: Tight Controllable Costs
Tight Controllable Costs For personal use only Cash Costs and Operating Margins per wet metric tonne 250.00 200.00 150.00 100.00 50.00 0.00 Feasibility Study - Year 1 June 2021 Quarter Project to Date C1 Cash Costs (A$/wmt) Royalties (A$/wmt) Marketing Fees (A$/wmt) FOB Cash Margin per tonne (A$/wmt
Slide 8: Iron Ridge Project
For personal use only Iron Ridge Project F E N I X R E S O U R C E S L I M I T E D ( A S X : F E X )
Slide 9: Iron Ridge Project
Iron Ridge Project For personal use only High Grade Iron Ore Project in the Midwest • Fenix acquired the right to 100% of the project in May 2018 and completed the transaction in November 2018. • Mineral Resource Estimate1 of 10.5 Mt @ 64.2% Fe, which represents some of the highest grade iron ore in
Slide 10: Established Infrastructure Path to Export Markets
Established Infrastructure Path to Export Markets Low Capex contract mining & trucking For personal use only concept facilitated by key project characteristics Good Roads Sealed roads all the way to the Mine site entrance. 485km (by road) to Geraldton Port Trucking Joint Venture Fenix is a 50% owner
Slide 11: Execution of Incremental Growth Plans
Execution of Incremental Growth Plans For personal use only • Scorpion JV exploration field work commencing in the September 2021 Quarter • RC drilling due to start in September/October on geophysical targets identified at Iron Ridge Extended and Ulysses • Additional RC drilling program at Iron Ridg
Slide 12: Fenix Resources: Australian High-Grade Iron Ore Miner
For personal use only Fenix Resources Australian High-Grade Iron Ore Miner Fenix Resources Rapidly Developed its High-Grade Iron Ridge Project and is now in Cash Harvest Mode High-Grade Ore Reserve, Producing at steady World Class WA currently performing ahead state, generating Mining Jurisdiction o
Slide 13: Contact
For personal use only FENIX RESOURCES LIMITED Contact: Rob Brierley Managing Director Rob@fenixresources.com.au F E N I X R E S O U R C E S L I M I T E D ( A S X : F E X )