Botswana Minerals Plc · LSE:BMIN
Botswana Minerals — Botswana Diamonds — Investor Presentation (June 2018)
26 slides from Botswana Minerals's investor presentation, June 2018
Slide 1: Botswana Diamonds Corporate Presentation - June 2018
BOTSWANA DIAMONDS Corporate Presentation - June 2018 +) BOTSWANA —_—__
Slide 2: Disclaimer
DISCLAIMER This document is personal to the recipient and has been prepared and issued by Botswana Diamonds plc (the Company) For the purposes ofthis notice the presentation that follows the Presentation shall mean and include the slides that follow, the oral presentation of the slides by the Compan
Slide 3: Introduction
INTRODUCTION Corporate Presentation - June 2018 DIAMONDS etic > BOTSWANA ——__
Slide 4: Botswana Diamonds
BOTSWANA DIAMONDS AIM: BOD ———_ Dual listed in London and Botswana BSE: BOD EXPERIENCED MANAGEMENT VISION BEST ADRESSES TECHNOLOGY PARTNERSHIPS Team with prior successful commercial diamond discovery (AK6/Karowe): African Diamonds ple returned 25x investment plus BOD Development of quality, advanced
Slide 5: Highlights
HIGHLIGHTS Corporate Presentation - June 2018 BOTSWANA DIAMONDS etic a
Slide 6: Highlights: Ventures
HIGHLIGHTS 3 Ventures Botswana Diamonds/Alrosa Joint Venture (eotswana) 50/50 joint venture (Sunland Minerals) with Alrosa in the Orapa and Kalahari areas. Alrosa is the world’s largest diamond producer with 19 mines Maibwe Joint Venture with BCL (cotswana) Joint venture (Maibwe) on a block of 10 li
Slide 7: Why Diamonds?
WHY DIAMONDS? Corporate Presentation - June 2018 ) BOTSWANA —__
Slide 8: Why Diamonds? Supply and demand outlook
WHY DIAMONDS? * Positive (‘modestly optimistic’) long-term outlook: rough diamond supply predictable and stable until 2030; rough diamond demand expected to grow 1-4% per annum * Continued growth of middle class in China and India underpins growth forecast Roughdiamond supply and demand, $ billions,
Slide 9: Why Diamonds? Price drivers
WHY DIAMONDS? * Diamond prices fundamentally driven by supply-demand dynamics and economic growth * Fastest commodity to recover following the Global Financial Crisis . Less prone to volatility than Zimnisky Global Rough Diamond Price Index mainstream commodities, albeit Strtg nde Ve: 100 December 3
Slide 10: Exploration Activities
EXPLORATION ACTIVITIES Corporate Presentation - June 2018 SS ee ae as Se BOTSWANA DIAMONDS etic ae
Slide 11: Exploration Activities
EXPLORATION ACTIVITIES Risk Confidence Thorny River @ Maibwe . Sunland Minerals Free State @ South Africa rs C2 Botswana looikloof Time cm ——— Investment lo
Slide 12: Exploration in Botswana
EXPLORATION IN BOTSWANA Key Facts Botswanal!S diamond country * World's best address for diamond investment * The Switzerland of Africa; stable, wealthy democracy * Continued political stability; rule of law; good title * Good governance; prudent economic and natural resource management * Robust eco
Slide 13: Sunland Mineral Joint Venture
SUNLAND MINERAL JOINT VENTURE Key Facts BOD has a joint venture with Alrosa, a Russian stock exchange listed diamond company Sunland Minerals the JV company is a 50/50 heads up; 2017/2018 joint budget of US$1.75m BOD is operator 15 Prospecting Licences (PL) held by Sunland Minerals, the JV company 6
Slide 14: Maibwe Joint Venture with BCL
MAIBWE JOINT VENTURE WITH BCL * Maibwe Joint Venture owned by BCL (51%), Future Minerals (20%) and Siseko (29%) * Sisekois 51% owned by BOD * BODhasa 15% carry through to Bankable Feasibility Study * 10 licences held by Maibwe in the Kalahari * Surrounding area hosts Gem’s Ghaghoo mine and Petra KX-
Slide 15: Exploration in South Africa
EXPLORATION IN SOUTH AFRICA Aconfluence of: + Perceptions of high risk and barriers to entry + Ahistoric legacy of South Africa as the domain of De Beers, which is no longer the case * Limited competition for exploration ground * — Latest generation diamond exploration technologies not yet applied A
Slide 16: Vutomi Project: Thorny River
VUTOMI PROJECT: THORNY RIVER Exploration Results * — Consolidation of three properties into 2,771 hectare project * — Extension of Klipspringer & Marsfontein Mine kimberlite dyke/pipe system * — Minimum kimberlite dyke strike length of 4km * — Estimated 1.2 - 2.1 M tons to 100 metres Modelled value
Slide 17: Vutomi Project: Mooikloof
VUTOMI PROJECT: Mooikloof * 25 hectare kimberlite pipe discovered by ~~ Moo. KLOOF PROSPECTING RIGHT il De Beers in 1986 ~— A * — Itis adjacent to the Oaks diamond mine, ( which was a 1 hectare kimberlite pipe, a —_ aeeaae produced 1.4M carats at a grade of 53 cpht — » ° and diamond value of $156/ct
Slide 18: Vutomi Project
VUTOMI PROJECT Exploration Potential 8 kimberlite pipes identified in the Free State 15 known kimberlites, as well as evidence of historic operations Detailed ground geophysical survey completed with kimberlite pipe surface areas of up to 1.5 hectares Currently assessing the kimberlitic indicators f
Slide 19: Vutomi Project: Ontevreden
VUTOMI PROJECT: Ontevreden * Group 2 kimberlite identified from initial =[\— SS work ; ¢ High resolution ground geophysics suggested with abundant G10 and G9 garnets * Drilling has showed the pipe to be bart ae g 8 cxreimeneuamenime significantly smaller than the previously _ indicated geophysical a
Slide 20: Corporate
CORPORATE Corporate Presentation - June 2018 BOTSWANA DIAMONDS etic ae
Slide 21: Company Summary
COMPANY SUMMARY CORPORATE INFORMATION SIGNIFICANT SHAREHOLDERS % Holding Exchanges AIM (LSE) /BSE John Teeling 11.8 Ticker BOD Pershing International Nominee 8.0 Shares in Issue 459M James Finn 5.5 Market Cap £5.5M HSBC Global Nominees 48 Share Price 1.20p Rene Nominees 43 (25/01/2018) TD Waterhouse
Slide 22: Company Summary
COMPANY SUMMARY 2.25 35M Key to numbers: RNS's issued 1 13-06-2017: Diamond grade estimated to be between 20-270cpht 30M 2. 11-07-2017: Update on the Vutomi Joint 2 Venture in South Africa 3. 14-07-2017: New kimberlite discovered on Vutomi licence 4 17-07-2017: New licence acquired on the 1.75 25M V
Slide 23: Company Summary
COMPANY SUMMARY John Teeling Executive Chairman Founder of a number of listed resource companies, including African Diamonds. Corporate transactions in recent years have returned US$250M to shareholders. Holds a doctorate in business from Harvard Business School as well as an MBA from Wharton. James
Slide 24: Company Summary
COMPANY SUMMARY Flags Exchange Property caibitels Adiamond mining company with activities in the BlueRock Kimberley region of South Africa. The Kareevlei project Diamonds Kareevlei South Africa contains five diamondiferous kimberlite pipes andhas = AIM:BRD £2.16M an inferred mineral resource of 359,
Slide 25: Botswana Diamonds
BOTSWANA DIAMOND vic * Listed on London AIM and the Botswana Stock Exchange * Experienced team which developed the AK6 (Karowe Mine) in Botswana * The right addresses with a balanced portfolio of early stage and advanced kimberlite projects in South Africa and Botswana * Use of fit-for-purpose techn
Slide 26: Botswana Diamonds
BOTSWANA DIAMONDS Corporate Presentation - June 2018 Ne —"<—__ BOTSWANA DIAMONDS etc 162 Clontarf Road Clontarf Dublin 3 Ph: +353 1833 2833 Web: www.botswanadiamonds.co.uk Email: info@botswanadiamonds.co.uk
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