Andromeda Metals Limited · ASX:ADN

Andromeda Metals — Investor Presentation (October 2019)

16 slides from Andromeda Metals's investor presentation, Oct 9, 2019

  1. Slide 1: Investor Presentation Oct 2019 - An Emerging Force in Industrial Minerals

    Investor For personal use only Presentation Oct 2019 Andromeda An Emerging Force in Industrial Minerals 2018 ANNUAL GENERAL MEETING Managing Directors Address Our Vision To be a world leading producer of halloysite kaolin, and specialist nanotube technology company ASX:ADN

  2. Slide 2: The Andromeda Story

    The Andromeda Story For personal use only Transformed to industrial minerals developer from gold-copper explorer Primary Project Focus ▪ Poochera Halloysite-Kaolin Project, JV with Minotaur Exploration ▪ Halloysite-Kaolin Explorer, Developer and Producer ▪ High Purity Alumina (HPA) and Nanotube tech

  3. Slide 3: Company Snapshot

    Company Snapshot Capital Structure (26/09/2019) Rhod Grivas - Non-Executive Chairman Shares on Issue 1,357m ▪ Geologist with 30 years experience For personal use only Listed Options ($0.012/sh, exp 30/11/2020) 702m ▪ 16 years of corporate/board experience Unlisted Options ($0.012/sh, exp 15/11/2021)

  4. Slide 4: Poochera Project - Overview

    Poochera Project - Overview • World class halloysite-kaolin deposit • Estimated short timeframe to production, with long mine life For personal use only • Agreements signed for ~1mtpa of three product forms: 1. Direct Shipping Ore (DSO) 2. Dry-processed mineral 3. Wet-refined mineral • High Purity A

  5. Slide 5: Defined Resource

    Defined Resource For personal use only JORC 2012 Resource Estimate for Carey’s Well ▪ Total 20Mt of “bright white” kaolinised granite ▪ Halloysite component of 9.7Mt* ▪ Drilling campaign recently completed - sample analysis almost complete ▪ Exploration targets indicate 570 – 810 million tonnes** Ca

  6. Slide 6: What is Halloysite Kaolin?

    What is Halloysite Kaolin? • Halloysite is a rare ‘tubular shaped’ derivative of kaolin • The Poochera Resource is a naturally occurring blend of halloysite and kaolin For personal use only Where is Halloysite-Kaolin Used? Typical Kaolin - Plate-Like Structure (Al2O3 2SiO2.2H2O) Mature Established M

  7. Slide 7: Scoping Study Highlights

    Scoping Study Highlights Andromeda Metals announces Scoping Study technically sound with excellent financial results For personal use only • An initial mine life of 15 years at 500ktpa • Early shallow open-cut mining operations to focus on Direct Shipping Ore (DSO) and toll wet- refining in China •

  8. Slide 8: Poochera Project – Scoping Study

    Poochera Project – Scoping Study Mine Plan – Production Target From Measured Resources 4.2 Mt For personal use only From Indicated Resources 3.4 Mt From Inferred Resources 0 Mt Total Production Target 7.6 Mt Capital Costs Initial Capital Costs, Year 0 $9 M Working Capital to Month 3 in year 1 $16 M

  9. Slide 9: Marketing Strategy

    Marketing Strategy Opportunities For personal use only Short Term– early cash flow ▪ Direct Shipping Ore ▪ Wet Refining Toll Process (China/Japan) – premium product Medium Term ▪ Dry or Wet Process at Mine Site – 50-60% waste reduction ▪ Wet Refining Toll Process (China/Japan) – premium product Long

  10. Slide 10: Mine Plan

    Mine Plan ▪ Open cut quarry For personal use only ▪ Low stripping ratio ▪ Stockpile at site and/or near port facility ▪ Pit backfill and progressive mine rehabilitation Typical Dry Mining Kaolin Operation 10

  11. Slide 11: Existing Infrastructure

    Existing Infrastructure For personal use only ▪ Adjacent to Streaky Bay, SA ▪ Ports at Ceduna and Lucky Bay have capacity and offer suitable shipping options 11

  12. Slide 12: Processing Options

    For personal use only Processing Options ▪ Dry-processing to remove 50% waste (sand) and 10% moisture ▪ Transport cost reduced > half ▪ Potential to give market ready products (Offtakes signed for dry-processed ) ▪ Potential to toll wet-refining overseas 12

  13. Slide 13: The World of Halloysite Nanotechnology

    The World of Halloysite Nanotechnology For personal use only Emerging Applications: ➢ Hydrogen Storage and Transport ➢ Batteries and Super-Capacitors ➢ Water Purification ➢ Carbon Dioxide Capture - Storage and Conversion to Fuel ➢ Medical Delivery of Drugs ➢ Construction – Delivery of Biocides ➢ Agr

  14. Slide 14: Exponential Research into Halloysite Nanotechnology

    Exponential Research into Halloysite Nanotechnology This is a Potential Game Changer For personal use only • Over 7000 current research papers Halloysite Research • 70 new patents granted last year alone • No significant commercial supply • ADN has high-purity halloysite • Carey’s Well hybrid (20% h

  15. Slide 15: In Summary

    In Summary For personal use only ▪ South Australia has one of the world’s largest resources of halloysite kaolin ▪ This is a relatively high value industrial mineral ▪ Global demand is increasing*and production is decreasing ▪ Right product, at the right time, in the right place ▪ Andromeda is well

  16. Slide 16: Cautionary Statements

    Cautionary Statements The Scoping Study referred to in this announcement has been undertaken to determine the potential viability of a direct shipping and dry-processing operation to produce high-quality halloysite- For personal use only kaolin product at Poochera in South Australia that will provid

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