Minbos Resources Limited · ASX:MNB
Minbos Resources — Investor Presentation (December 2021)
21 slides from Minbos Resources's investor presentation, Dec 14, 2021
Slide 1: Investor Presentation
Investor Presentation December 2021 PHOSPHATE | GREEN AMMONIA | NPK FERTILIZER | CARBON
Slide 2: Competent Person's Statement and Disclaimer
COMPETENT PERSON’S STATEMENT The Competent Person with responsibility for the total Mineral Resources of this report is Mrs Kathleen Body, Pr. Sci. Nat, who is an employee of Red Bush Analytics. Mrs Body was a full time employee of Coffey Mining at the time the original Mineral Resource estimation w
Slide 3: Angola Nutrient Business Overview
ANGOLA NUTRIENT BUSINESS OVERVIEW GROW TO EAT GROW TO SELL GROW TO EXPORT Granulated Hydrogen & The Phosphate Green Future Fertiliser Ammonia Phosphate Deposit Green Ammonia Future Opportunities – High-grade Resource 8.4MT @ 29.6% P2O5 – Government support to establish a Green – NPK Blending and Dis
Slide 4: Company Overview
COMPANY OVERVIEW Capital Structure *6 December 2021 Board & Management A Mining Engineer with 30 years’ experience in exploration, development, 465M $63.0M $2.1M $61.0M Lindsay Reed operations and corporate finance. Lindsay has worked in minerals sands, Chief Executive Officer copper and tin operati
Slide 5: Cabinda Phosphate Project
CABINDA PHOSPHATE PROJECT HIGH-GRADE PHOSPHATE ROCK FERTILIZER – Cácata Phosphate Resource 6.9Mt @ 30% P2O 5 (M&I)1 – Phosphate Rock to be trucked to Futila Granulation Plant – Futila Industrial Zone has access to stable grid power, the water network, gas & diesel – Close to the Ports of Caio and Ca
Slide 6: Fertilizer Prices Are Flying
FERTILIZER PRICES ARE FLYING STRUCTURAL CHANGES THAT MAY BE PERMANENT – December 2019 DAP FOB Tampa at $248/t as Minbos submits its winning tender for the Cabinda Phosphate Project. – August 2020 DAP FOB price increased to $328/t as Minbos published its Scoping Study using $428/t FOB ($478/t ex port
Slide 7: Cabinda Phosphate Project – Scoping Study
CABINDA PHOSPHATE PROJECT – SCOPING STUDY MAP PRICE INCREASE OFFSETS EXPECTED CAPEX INCREASE Scoping Study1 HIGH LOW Map Sensitivity1 10TH Percentile Base 90th Percentile NPV10 (pre-tax) $US308M $US191M NPV10 (pre-tax) $US137M 257 $US406M IRR (pre-tax) 59%% 41% IRR (pre-tax) 36% 36 66% MAP Price $US
Slide 8: Project Milestones
PROJECT MILESTONES BIG FIRST HALF FOR 2022 01 Mining Reserves 02 Granulation Plant Design Q1 03 Definitive Feasibility Study 04 Mining Contract and EPCM Manager 05 Construction 06 Offtake Agreements Q2 07 Port and Utilities 08 Project Finance ASX:MNB | 18 09 Approvals
Slide 9: World Class Project Team
WORLD CLASS PROJECT TEAM DFS CONSULTANTS AND IN-HOUSE PROJECT TEAM Camache is a lawyer with more than two decades experience in Angola Chris has more than 15 years’ experience across both public and Olainde Camaceh working with stakeholders to manage and progress mining and Chris Swallow private sec
Slide 10: Minbos' Green Ammonia Momentum
MINBOS’ GREEN AMMONIA MOMENTUM WHY HYDROPOWER, LOCAL DEMAND & SUPPORT FROM ANGOLA’S GOVERNMENT ARE KEY Angola Has: Minbos Has: Cheap (renewable) electricity Government support to establish feedstock - Angola 1.7c/kWh vs. a Green Ammonia Project Australia 15.7c/kWh (industrial) Source: RENEW AFRICA 1
Slide 11: Global Ammonia Market
GLOBAL AMMONIA MARKET SECOND MOST PRODUCED CHEMICAL IN THE WORLD Supply and Demand Ammonia 101 Global ammonia demand is 230 Basic building block for ammonium nitrate fertilizer million tonnes per annum of which 85% is used in the fertilizer sector. Releases nitrogen, an essential nutrient for growin
Slide 12: Green Ammonia - NH3
GREEN AMMONIA - NH3 GREEN AMMONIA IS GREEN HYDROGEN Green Ammonia Green Ammonia 101 Production: Green ammonia was originally developed to produce ammonia a simple process based fertilizer which remains the most common application. with a long history Potential applications for green ammonia in the f
Slide 13: Local Fertilizer Green Ammonia
LOCAL FERTILIZER GREEN AMMONIA THE LOW HANGING FRUIT OF GREEN HYDROGEN Fertilizer is acknowledged as the launching point Feedstock Cost per tonne of Ammonia ($/tonne) for the green hydrogen economy because it already utilizes a large proportion of the world's hydrogen1 Cheap renewable electricity fe
Slide 14: Angola's Hydro Power
ANGOLA’S HYDRO POWER LARGE SCALE HYDRO THE PERFECT INPUT FOR GREEN AMMONIA 1000MW of unutilized hydropower available now in the Malanje Corridor1 Negotiations currently underway for base tariff with concessions being negotiated to support green ammonia industry formation Commenced discussions with g
Slide 15: Angola's Agricultural Potential
ANGOLA’S AGRICULTURAL POTENTIAL VAST TRACTS OF UNOCCUPIED ARABLE LAND 31M 57M ha 5M ha Population Arable Land Cultivated Land – 1000-1500mm of rain per year – 3 million farm households (~1-2 hectares) – 95% smallholder farming – 100% of fertilizers is imported ANGOLA WAS ONE OF AFRICA’S LEADING FARM
Slide 16: ESG Framework and Reporting
ESG FRAMEWORK AND REPORTING IMPACT CORPORATE GOVERNANCE FOR THE CABINDA PROJECT – ESG Risk – Minbos ESG Framework climate impact, nature loss, and social unrest The Board has resolved to adopt the World around inclusion and working conditions. Economic Forum ESG framework. – Reporting - Impact Inves
Slide 17: Newsflow Catalysts
NEWSFLOW CATALYSTS NEXT 12 MONTHS 01 Completion of DFS PHOSPHATE 02 MOU with Government of Angola and IFDC for AFFPP 03 Commencement of Construction 04 Confirmation of concessional hydropower tariff AMMONIA GREEN 05 Desktop Ammonia Market Study 06 Engagement with technology and/or project partners 0
Slide 18: Contact For More Information
Lindsay Reed Chris Sw allow Contact For Chief Executive Officer Corporate Development P: +61 409 536 643 P: +61 412 174 882 More Information E: l.reed@minbos.com E: c.swallow@minbos.com
Slide 19: Fertilizer & Farm Productivity Program
APPENDIX FERTILIZER & FARM PRODUCTIVITY PROGRAM LINKING NUTRIENTS TO SOIL TO FARMERS TO MARKETS TO POLICY Proposed cooperation between the IFDC, Minbos & the Angolan Government Produce fertilizers from local resources Strong Government policies to support fertilizer sector Build farmer knowledge on
Slide 20: Fertilizer Use Lags Most Of Africa
APPENDIX FERTILIZER USE LAGS MOST OF AFRICA NO PRIMARY OR LOCAL MANUFACTURING OF FERTILIZER Source: FAOSTAT (kg(nutrients)/ha) ASX:MNB | 20
Slide 21: Enhanced Phosphate Rock
APPENDIX ENHANCED PHOSPHATE ROCK THE BEGINNING OF FERTILIZER SELF RELIANCE ENHANCED CABINDA PHOSPHATE ROCK 85% local phosphate rock/15% water Fit for Angola EPR works best in P-deficient acid soils, legume and soluble phosphate blend cereal crops, high rainfall climates. Low-cost High-solubility AFF
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