Greenwing Resources Ltd · ASX:GW1
Greenwing Resources — Investor Presentation (June 2019)
18 slides from Greenwing Resources's investor presentation, Jun 28, 2019
Slide 1: Capital Raising Presentation
Bass Metals Ltd Capital Raising Presentation June 2019
Slide 2: Disclaimer & Cautionary Statements
Disclaimer & Cautionary Statements Disclaimer Competent Person Statement This document has been prepared by Bass Metals Limited (the Exploration Results, as well as the Competent Persons' statements. The information in this report that relates to Mineral Resources is “Company”). It should not be con
Slide 3: Graphmada significantly de-risked
Achievements to date: Graphmada ✓ All Permits and Landholder Agreements in place ✓ Mineral Resource established significantly de-risked Bass has established a platform for long- ✓ Mine in production, sales channels established term growth. ✓ Product accepted into market, with strong demand for Havin
Slide 4: Asset Overview
Asset Overview Graphmada Mine Ownership (%) 100% Permitting Fully permitted and operating Location Madagascar Key commodities Large Flake Graphite / Expandable Graphite Mining method Shallow Open Pit Low strip ratio mining 9.2 Mt @ 4.2% Mineral Resources Total Graphitic Carbon 1,2 Exploration Extens
Slide 5: Simple Mining & Processing
Simple Mining & Processing Mining & Infrastructure ▪ Easily mineable saprolite-hosted graphite mineralization ▪ New mining fleet and equipment ▪ Fully tooled and skilled maintenance workshop ▪ Low strip ratios provides low cost of mining Processing & Drying ▪ Current production rate approaching 6,00
Slide 6: Exploration Target Mineral Resources
Bass aims to materially increase its Mineral Resources in support of long-term growth and economies of scale, with significant exploration potential now identified in addition to existing Mineral Resources. Mineral Resources Exploration Target 3 Total Graphitic Contained Total Graphitic Contained Ma
Slide 7: Saleable across all major market segments
Battery Anode Applications6 Saleable across all major market segments Highly suitable for lithium-ion battery applications with a very high purity of 99.99 wt.% carbon achieved. All analyzed parameters including bulk density, tap density and surface area (BET) are Refractory and Crucible Application
Slide 8: Upcoming Catalysts
▪ Strong quarterly production results ▪ Achieve record quarterly sales ▪ Continue to extensively drill at both Mahela and Mahefedok ▪ Aim to materially add to existing Mineral Resources in the September Quarter ▪ Achieve positive cash flow from operations ▪ Engage strategic partners and investment U
Slide 9: Capital Market Summary
Capital Market Summary Share price as at 26 June 2019 $0.01 per share Shares on issue (fully diluted) 2,810 million Market capitalisation $28 million 9
Slide 10: Capital Raising
$ BassMetals ua Capital Raising
Slide 11: Capital Raising Details
Capital Raising Details A placement of up to A$4m by the issue of up to 500,000,000 Convertible Notes* to sophisticated and professional Offer Structure and Size investors Issue Price/ Face Value $0.008 per Note Maturity Redeemable on 15 June 2021 Coupon 15% pa (payable 6 monthly in arrears, may be
Slide 12: Summary
Summary ▪ Bass is an established graphite producer, with a robust operational platform with the Graphmada Mine consistently delivering >94% Fixed Carbon concentrates and is in proximity to positive cash flow as sales channels broaden and volumes increase. ▪ In parallel Bass intends to commit signifi
Slide 13: Key Risks
Key Risks Bass Metals Limited (Bass) is subject Operating and Development Risks to a number of risk factors both specific There are significant risks associated with the operating and expansion of a mine. The ability of Bass to meet to its business and of a general nature. operating and capital expe
Slide 14: Key Risks
Key Risks Resource Estimation and Exploration Risks Tenure The Mineral Resources for Bass’s assets are estimates only and no Interests in a project’s tenements are governed by laws and regulations and are assurance can be given that any particular recovery level of graphite will in granted for a cer
Slide 15: Key Risks
Key Risks Risks to Achieving Production (including increased Share Market, Commodity Price Volatility and Foreign Exchange Rate Risk production) Bass has significant commodity and energy requirements and it relies on being able to fulfill Whilst Bass considers there to be a reasonable basis for thos
Slide 16: Key Risks
Key Risks Funding Risks Sovereign and Political Risk In the ordinary course of operations and development, Bass is Possible sovereign risks associated with operating in Madagascar include, without required to issue financial assurances, particularly insurances limitation, changes in the terms of min
Slide 17: Footnotes
Footnotes 1. Reported in accordance with the 2012 Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves (‘the JORC Code 2012’) at a >3% cut-off and first released to the ASX on 21/06/17 "Maiden Mineral Resource for Mahefedok Deposit". 2. Reported in accordance wi
Slide 18: Contact us
Contact us Tim McManus CEO Telephone (07) 3203 5894 Email: admin@bassmetals.com.au David Round CFO & Head of Sales Telephone: (07) 3203 5894 Email: admin@bassmetals.com.au Peter Wright Executive Director Telephone: (07) 3212 9200 Email: admin@bassmetals.com.au www.bassmetals.com.au
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