Phosco Ltd · ASX:PHO
Phosco — The Australian Potash & Phosphate Conference 2022
20 slides from Phosco's conference presentation, Nov 22, 2022
Slide 1: Advancing the World-Class Chaketma Phosphate Project
For personal use only Advancing the World-Class Chaketma Phosphate Project The Australian Potash & Phosphate Conference, Perth – November 2022
Slide 2: Disclaimer - Important Information
Disclaimer - Important Information For personal use only The purpose of this presentation is to provide general information about PhosCo Ltd (PhosCo or the Company). It is not recommended that any person makes any investment decision in relation to the Company based solely on this presentation. This
Slide 3: Phosphate - a Critical Raw Material
Phosphate - a Critical Raw Material Essential to improving crop yields to meet food For personal use only demands for the world’s growing population and address global food security concerns Finite and non-renewable material US$317.50/t Needs replenishing in cultivated land where soils become de
Slide 4: Growing Demand Beyond Agriculture
Growing Demand Beyond Agriculture Electric cars boost demand For personal use only Lithium Iron Phosphate (LFP) batteries account for ~25% of global cathode production Nickel and cobalt-free, better for the environment Thermal stability and good long-term performance The demand for LFP batte
Slide 5: PhosCo's Strategy
PhosCo’s Strategy For personal use only 1 2 3 Complete Chaketma Build World Class Advance to Fully Bankable Feasibility Study Phosphate Mine Integrated Fertilizer Facility High-grade, large scale Target low-cost strip mining Capture higher margins on resource International funding end-produc
Slide 6: Chaketma Project
Chaketma Project Potential Tier-1, long life mine with For personal use only downstream fertiliser production optionality Located in Tunisia o 210km SW of Tunis, with access by bitumen road o 35km from railhead o Access to ports o Gas and grid power nearby Global JORC 2012 Resource: 146.4Mt @ 20
Slide 7: Proximal to Key Export Markets
Proximal to Key Export Markets For personal use only Tunisia is the northernmost country in Africa and right on Europe’s doorstep Major phosphate producer and exporter with existing infrastructure, extensive road, rail and energy networks Diverse economy – agriculture, mining, manufacturing, p
Slide 8: Corporate Overview
Corporate Overview For personal use only 273M $38.2M Major Shareholders (%) Lion Selection Group SHARES ON ISSUE MARKET CAP 15% ASX: PHO At $0.14/sh 46% Board & Management Retzos Holdings 15% $3.9M Nil Polo Resources 13% Other CASH DEBT 11% 30 Sep 2022 As at 30 Sep 2022 5.75M 3.5M $0.20 3.0 Volume $
Slide 9: Board & Management
Board & Management A team with deep industry experience & success in Africa For personal use only Simon has vast experience in Robin has over 40 years of Craig has over 25 years of the resources sector in both mining industry and equity accounting experience in Australia and Africa. He was the marke
Slide 10: Resource Upgrade Boosts Size & Confidence
Resource Upgrade Boosts Size & Confidence For personal use only Global JORC Resource: 146.4Mt @ 20.6% P2O51 Defined from drilling at only 2 of 6 prospects, KEL and GK 9 holes drilled, averaging 15.3m @ 20.5% P2O53 Tonnage increased Increased confidence Targeting New Resources Large, high confi
Slide 11: Excellent metallurgical results
Excellent metallurgical results For personal use only Chaketma phosphate ore can be upgraded to 30% P2O5 with recovery greater than or equal to 80%1 Potential to produce commercial grade concentrate capable of conversion to high quality products, Mono Ammonium Phosphate (MAP) and/or Diammonium P
Slide 12: Conceptual Staged Development
Conceptual Staged Development For personal use only Stage 1: Rock Phosphate Project Open pit mine with low strip ratios Simple wash/ screen or flotation Favourable metallurgy Multi-decade mine life with incremental expansion optionality Stage 2: Integrated Fertiliser Project Commence BFS o
Slide 13: Optimisation opportunities
Optimisation opportunities A Scoping Study for the development of a For personal use only potential large-scale, world-class mining operation at Chaketma due imminently Various optimisation opportunities will also be studied: Potential to direct ship material in higher grade layer B early in proje
Slide 14: Green Shift
Green Shift For personal use only The world will invest $150 trillion in sustainability efforts by 2050 Wind, solar and treatment routes being considered by various research organisations and will be assessed prior to BFS PhosCo is also assessing several proposals which aim to facilitate a gre
Slide 15: Project Timeline & Deliverables
Project Timeline & Deliverables For personal use only CPSA previously submitted a range of feasibility work to the Tunisian Government in support of the Mining Concession application. The bulk of this work has been accepted by the Government, who’ve requested an updated finance plan for the Projec
Slide 16: New Tenement Applications (100% PhosCo)
New Tenement Applications (100% PhosCo) Leveraging strong in-country team For personal use only Sekarna Phosphate Project (128km2) Northern Tunisia Base and Precious Metals A large scale, outcropping phosphate target Project (668km2): Located 10km northeast of Chaketma Multiple base and precio
Slide 17: World Class Phosphate Project
World Class Phosphate Project For personal use only Critical raw material to play important role in food security Potential multi-decade mine High-grade & shallow resource Significant exploration upside Close to key infrastructure & export markets Positive early engagement with the Tunisian Governme
Slide 18: Contact
For personal use only Contact Taz Aldaoud Follow PhosCo on LinkedIn E: taz.aldaoud@phosco.com.au Follow @PhoscoLtd on Twitter T: +61 (0) 473 230 558 www.phosco.com.au
Slide 19: APPENDIX 1: Joint Venture Overview
APPENDIX 1: Joint Venture Overview For personal use only History TMS owes US$5.0M TMS damages & costs 2015 – Illegal transfer 2015 2017 – International arbitration orders return of 50.99% 48.99% 50.99% interest and awards US$4M in damages & costs (with interest, now US$5m) 2019 2017– Tunisian
Slide 20: APPENDIX 2: JORC Resource Table
APPENDIX 2: JORC Resource Table For personal use only Chaketma Phosphate Project Global Mineral Resources CHAKETMA JORC 2012 Mt % P2O5 Measured 49.1 21.3 KEL (March 2022) Indicated 6.4 20.3 2015 Total 55.5 21.2 Indicated 83.7 20.2 GK (November 2022) Inferred 7.2 20.1 Total 90.9 20.2 Measured 49.1 21
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