Aura Energy Ltd · ASX:AEE
Aura Energy — Investor Presentation (July 2016)
38 slides from Aura Energy's investor presentation, Jul 18, 2016
Slide 1: Investor Presentation July 2016
INVESTOR PRESENTATION | JULY 2016 | PETER REEVE | EXECUTIVE CHAIRMAN | NEIL CLIFFORD | PRINCIPAL GEOLOGIST |
Slide 2: Disclaimer
DISCLAIMER For personal use only This document, any attachments and the oral presentation on the slides (together the "Presentation") have been prepared and are being supplied to you by Aura Energy Limited (the "Company") solely for information purposes in connection with a potential offering of sec
Slide 3: Aura Snapshot
AURA SNAPSHOT For personal use only 3
Slide 4: Project Portfolio
P R O J E C T P O RT F O L I O For personal use only ₃ ₈ ★ ₃ ₈ ★ 4
Slide 5: Contract and spot U3O8 price
₃ ₈ For personal use only ₃ ₈ ₃ ₈ CONTRACT U₃O₈ PRICE – US$42/lb* SPOT U₃O₈ PRICE – US$26.10/lb* 5
Slide 6: Development Strategy: Simple Path to Cash Flow
D E V E L O P M E N T S T R AT E G Y For personal use only S I M P L E PAT H T O C A S H F L O W TIRIS INTO PRODUCTION MID 2018 TIRIS CONSTRUCTION H2 2017 – SUBJECT TO FUNDING PROJECT TIRIS FEASIBILITY FINANCE STUDY IN 12 MONTHS CONTINUE TO ASSESS NEW OPPORTUNITIES 2016 2018 6
Slide 7: Uranium Drivers
URANIUM DRIVERS For personal use only Electricity 500+ reactor’s Forecast to built & under construction Rise 76% by 500+ planned & 2030 proposed by (Source: World Nuclear Association, March 1, 2016) 2030 Forecast new reactors by 2030. (Source: World Nuclear Association, March 1, 2016) 7
Slide 8: Uranium Market Drivers
URANIUM MARKET DRIVERS For personal use only 8
Slide 9: Projects
PROJECTS For personal use only T I R I S U R A N I U M – M A U R I TA N I A TA S I A S T S O U T H G O L D – M A U R I TA N I A S O D A A S H & L I T H I U M – M A U R I TA N I A HÄGGÅN URANIUM – SWEDEN 9
Slide 10: Tiris Uranium Project, Mauritania
TIRIS URANIUM PROJECT For personal use only M A U R I TA N I A ₃ ₈ 10
Slide 11: Tiris – Mining Region
TIRIS – MINING REGION For personal use only • • ESTABLISHED RESOURCE PLAYERS IN THE REGION 11
Slide 12: Tiris Uranium Deposits
TIRIS URANIUM DEPOSITS For personal use only Soda Ash – Lithium Deposit 12
Slide 13: Tiris Geology
For personal use only ₃ ₈ ₃ ₈ TIRIS GEOLOGY 13
Slide 14: Reveals Mineralisation
R E V E A L S M I N E R A L I S AT I O N For personal use only CALCRETE DEPOSIT WITH CARNOTITE URANIUM IN A W E AT H E R E D G R A N I T E H O S T FREE DIGGING MINING, NO DRILL AND BLAST URANIUM PERMITTING IN A M I N E R A L I S AT I O N REMOTE DESERT AS CARNOTITE REGION 14
Slide 15: Simple Ore Upgrade
For personal use only SIMPLE ORE UPGRADE 15
Slide 16: Tiris Scoping Study
TIRIS SCOPING STUDY R E L E A S E D J U LY 2 0 1 4 For personal use only ₃ ₈ ₃ ₈ ₃ ₈ ₃ ₈ ₃ ₈ 16
Slide 17: Feasibility Study Underway
F E A S I B I L I T Y S T U D Y U N D E RWAY For personal use only TA R G E T T O C O M P L E T E T I R I S F E A S I B I L I T Y S T U D Y I N 1 2 MONTHS AND COMMENCE MINE CONSTRUCTION IN H2 2017 Update significant portion of resource to Measured and Indicated ☐ Mining study Beneficiation testw
Slide 18: Strategic Chinese MoU
S T R AT E G I C C H I N E S E M O U For personal use only 18
Slide 19: Exploration Upside
E X P L O R AT I O N U P S I D E For personal use only 19
Slide 20: Tasiast South gold drill results
For personal use only TGRC 022 71m @ 0.3 g/t Au incl: •5m @ 1.2 g/t Au, •3m @ 1.0 g/t Au •11m @ 0.5 g/t Au TGRC 007 38m @ 0.4 g/t Au incl: •1m @ 6.1 g/t Au •6m @ 0.7 g/t Au 20
Slide 21: Tiris - Soda Ash & Lithium
TIRIS - SODA ASH & LITHIUM For personal use only 21
Slide 22: Häggån: Large Undeveloped Uranium Project
For personal use only ONE OF THE LARGEST UNDEVELOPED URANIUM PROJECTS IN THE WORLD, WITH 803 Mlbs INFERRED URANIUM RESOURCE SWEDEN ★ 22
Slide 23: Excellent Locality
EXCELLENT LOCALITY For personal use only 23
Slide 24: Low Capex – Bio Heap Leach
process scale-up tests bacterial cultures & develops study on the applicability of bioflotation for monito Preliminary research activities focused on isolating and identifying novel microorganisms A numb LOW CAPEX – BIO HEAP LEACH (and those available in personal culture investiga collections) that
Slide 25: Low Cost, High Margin Project
L O W C O S T, H I G H M A R G I N P R O J E C T [ 1 ] For personal use only M T PA APPROX OP COST U₃O₈ Mlbs Mo MLBS Ni MLBS CAPEX* US$/lb p.a. p.a. p.a. $m 5* 190 18.00- 1.4 0.6 2.4 22.00 30.0 540 13.50 7.8 4.3 14.8 25
Slide 26: Key Company Data
K E Y C O M PA N Y D ATA For personal use only 0.024 12 C O R P O R AT E S T R U C T U R E Millions 0.022 10 Share Price A cents 1.8cps 0.02 Shares On Issue 457m 8 Cents Per Share 0.018 Options On Issue 197m 6 0.016 Market Capitalisation A$8.2m 4 0.014 Cash (30/9/15) A$0.427 2 0.012 Enterprise Value
Slide 27: Why Aura Energy?
WHY AURA ENERGY? For personal use only 27
Slide 28: Peter Reeve, Executive Chairman
PETER REEVE EXECUTIVE CHAIRMAN preeve@auraee.com +613 9516 6500 For personal
Slide 29: Tiris Feasibility Team
TIRIS FEASIBILITY TEAM For personal use only 29
Slide 30: Uranium Resources
URANIUM RESOURCES For personal use only T I R I S R E S O U R C E - M A U R I TA N I A 100ppm cut-off To n n e s Grade M l b s U 3O 8 Indicated 2 300 2 Inferred 64 335 47 Total 66 334 49 100ppm TONNES U 3O 8 V NI ZN U 3O 8 c u t - (BT) (PPM) MO (PPM) (PPM) (PPM) (PPM) off ₃ ₈ 30
Slide 31: Water Infrastructure
WAT E R I N F R A S T U C T U R E For personal use only 31
Slide 32: Uranium Supply vs Demand
U R A N I U M S U P P LY V S D E M A N D For personal use only 32
Slide 33: Primary Supply Forecast
P R I M A RY S U P P LY F O R C A S T For personal use only 33
Slide 34: Secondary Supply Forecast
S E C O N D A RY S U P P LY F O R E C A S T For personal use only 34
Slide 35: Nuclear Capacity
N U C L E A R C A PA C I T Y For personal use only 35
Slide 36: Incentive Price Curve
I N C E N T I V E P R I C E C U RV E For personal use only 36
Slide 37: Tiris Process Flowsheet
TIRIS PROCESS FLOWSHEET For personal use only ₃ ₈ 37
Slide 38: Tiris Permitting Process
TIRIS PERMITTING PROCESS For personal use only 38