Cobalt Blue Holdings Ltd. · ASX:COB
Cobalt Blue — Investor Presentation (September 2018)
31 slides from Cobalt Blue's investor presentation, Sep 3, 2018
Slide 1: Q3 2018 Investor Presentation
For personal use only Q3 2018 Investor Presentation COB : ASX
Slide 2: Cobalt Blue – Company Overview
Cobalt Blue – Company Overview For personal use only The Thackaringa Cobalt Project Capital Structure Cobalt Blue Holdings Limited (COB) is a cobalt ASX Code: COB exploration/development company focussed on the Share Price (15 August 2018): $0.57 development of the Thackaringa Cobalt Project in New
Slide 3: The Cobalt Blue Team
The Cobalt Blue Team For personal use only “Extensive expertise in mineral exploration and mine development, investment management, corporate law and energy storage.” Chief Executive Officer – Joe Kaderavek Deutsche Bank, Head of Resources, equities / investment management, resources and energy st
Slide 4: Li ion & Cobalt Cathodes – Strong EV Credentials
Li ion & Cobalt Cathodes – Strong EV Credentials For personal use only • NMC/NCA: EV nickel-cobalt battery chemistries. • LFP/LMO: Cheaper battery chemistries. • Nickel-Metal Hydride: Phased out of EV sector. • Lead-Acid/Vanadium: Energy storage applications. Cobalt = Electric Vehicle building block
Slide 5: Battery Cathode - Adoption
Battery Cathode - Adoption For personal use only NMC 532/622 - dominant chemistry Cobalt proportion in various battery chemistries: Source: Cobalt Blue Holdings Ltd 5
Slide 6: Cobalt Demand +70% next decade
Cobalt Demand +70% next decade …….driven by >300% Cobalt Sulphate For personal use only 32 6
Slide 7: Mine to Battery Strategy
Thackaringa – Mine to Battery Strategy For personal use only Source: Cobalt Blue Holdings Ltd Co ~25-35% payable Co ~105% payable Traditional Cobalt Model COB Model 7
Slide 8: LGI & COB - First Mover Strategy
LGI & COB - First Mover Strategy For personal use only Source: Cobalt Blue Holdings Ltd 8
Slide 9: People, Power, Water, Road, Rail
Thackaringa – People, Power, Water, Road, Rail For personal use only Source: Cobalt Blue Holdings Ltd 9
Slide 10: Deposit Layout
Thackaringa – Deposit Layout For personal use only Source: Cobalt Blue Holdings Refer to slide 31 for references and accompanying notes 10
Slide 11: Significant Defined Resources
Thackaringa – Significant Defined Resources For personal use only Source: Cobalt Blue Holdings Ltd Refer to slide 31 for references and accompanying notes 11
Slide 12: COB – Reserve & Production Targets
COB – Reserve & Production Targets For personal use only Refer to slide 31 for references and accompanying notes 12
Slide 13: COB – Production Target Pits & Resource Models
COB – Production Target Pits & Resource Models For personal use only Railway Hill Pyrite Hill Big Hill Source: Cobalt Blue Holdings Ltd 13
Slide 14: Railway Deposit
Thackaringa – Railway Deposit For personal use only Railway Deposit Source: Cobalt Blue Holdings Refer to slide 31 for references and accompanying notes 14
Slide 15: Pyrite Hill Deposit
Thackaringa - Pyrite Hill Deposit For personal use only Pyrite Hill Deposit Source: Cobalt Blue Holdings Refer to slide 31 for references and accompanying notes 15
Slide 16: COB – PFS Economics
COB – PFS Economics For personal use only Source: Cobalt Blue Holdings Ltd Refer to slide 31 for references and accompanying notes 16
Slide 17: COB – Improved Economics - Month Catalysts
COB – Improved Economics - 12 Month Catalysts For personal use only Four key optimisation opportunities: Process plant tailings handling and storage: LOM management of tailings (Capex + Opex). (Q4 2018). Metal recoveries: Design criteria used during the PFS was based on batch testwork. Larger sc
Slide 18: Grade Tonnage Curve
Thackaringa – Grade Tonnage Curve For personal use only These estimates of Mineral Resources were first announced by Cobalt Blue Holdings Ltd in Thackaringa – Significant Mineral Resource upgrade - 19 March 2018. The Company confirms that it is not aware of any new information or data that materiall
Slide 19: “Blue Sky” Geophysics
Thackaringa – “Blue Sky” Geophysics For personal use only Mineral Resource Areas Target 2 Strong conductors have been identified: Target 1 – Strong single peak EM response Target 2 – Clear VTEM/IP response A number of other targets have also been identified - analysis is ongoing Target 1 Sourc
Slide 20: Resilient Economics
Thackaringa – Resilient Economics For personal use only Refer to slide 31 for references and accompanying notes 20
Slide 21: Global Operations Comparisons
Thackaringa – Global Operations Comparisons For personal use only New global projects running at 3 to 4x COB capital intensity 21
Slide 22: 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 Refer to slide 31 for references and accompanying notes 22
Slide 23: Processing – Global Operations
Processing – Global Operations For personal use only Comminution and Concentration via flotation Newcrest - 10mtpa pyrite ore via milling and flotation (Lihir Island - PNG) OZ Limited - 10mtpa copper ore milling, flotation of concentrate (Prominent Hill - Australia) Concentration via spirals I
Slide 24: 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 25: Processing – Calcine & Leach
Processing – Calcine & Leach For personal use only 100kg of concentrate was processed by ALS Metallurgy through calcine and leach unit operations as part of the PFS (Nov 2017 - Mar 2018). The concentrate is thermally treated to remove some of the sulphur into the gas phase. The resulting solid calci
Slide 26: Comparison with ASX peers
Thackaringa – Comparison with ASX peers For personal use only Note: Revenue stream figures are based solely upon head grades converted in revenues at spot prices. 26
Slide 27: COB – Position in POX Industry
COB – Position in POX Industry For personal use only 27
Slide 28: Site Layout
Thackaringa – Site Layout For personal use only Source: Cobalt Blue Holdings Ltd 28
Slide 29: Cobalt Blue = Thackaringa + Process
Cobalt Blue = Thackaringa + 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 29
Slide 30: 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
Slide 31: Disclaimer
Disclaimer For personal use only Slide 10 & 11: The Mineral Resource estimates are as released on 19 March 2018 (‘Thackaringa – Significant Mineral Resource upgrade’). COB confirms it is not aware of any new information or data that materially affects the information included in the original market
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