Cobalt Blue Holdings Ltd. · ASX:COB
Cobalt Blue — Shareholder Meeting (November 2019)
30 slides from Cobalt Blue's shareholder meeting presentation, Nov 25, 2019
Slide 1: AGM 2019 Company Presentation
AGM 2019 Company Presentation For personal use only ASX: COB
Slide 2: Significant Global Project
Significant Global Project For personal use only Broken Hill Cobalt Project Overview Project life >20 years: Mineral Resource 111 Mt for 79,500 t cobalt, with significant expansion potential via exploration and acquisition. 3,500 - 4,000 tpa of cobalt (as cobalt sulphate). 300,000 tpa of ele
Slide 3: Location – People, Power, Road, Rail & Water
Location – People, Power, Road, Rail & Water For personal use only Source: Cobalt Blue Holdings Ltd 3
Slide 4: Strong Investment Fundamentals
Strong Investment Fundamentals For personal use only Australia’s largest cobalt sulphide deposit - a top 10 global cobalt mine Resource 111 Mt @ 715 ppm Co & 7.8% S, for 79,500 t Co & 8.7 Mt S. Ore reserve 46 Mt for 38,000 t Co (PFS). Safe jurisdiction + NOT a laterite deposit. Flexible, low c
Slide 5: PFS Estimates – resilient C1 cash costs
PFS Estimates – resilient C1 cash costs For personal use only 2018 Source: Cobalt Blue Holdings Ltd 5
Slide 6: Strategy and Partnerships
Strategy and Partnerships For personal use only Cobalt ~25-35% payable Cobalt ~90-110% payable Traditional Cobalt Mine Model Cobalt Blue Strategy Source: Cobalt Blue Holdings Ltd 6
Slide 7: COB Technology - Project Evaluation (1)
COB Technology - Project Evaluation (1) For personal use only OZ Minerals Ltd (ASX:OZL) – Location of Carrapateena Carrapateena testwork agreement: Testwork application to recover cobalt, copper and gold from Carrapateena pyrite concentrate. Potential to produce a high purity cobalt sulphate. So
Slide 8: Cobalt Blue Holdings Ltd – ASX listed
Cobalt Blue Holdings Ltd – ASX listed For personal use only ASX: COB Cobalt exploration and development company. Commodities: Cobalt and Sulphur Capital Structure: Ordinary Shares at 15/11/2019: 149.9m Options (ASX Code: COBO): 26.8m Market Cap (undiluted): $21.0m Share Price: Share Pric
Slide 9: Appendix
For personal use only Appendix
Slide 10: Significant Defined Resources
Significant Defined Resources For personal use only Source: Cobalt Blue Holdings Ltd 10
Slide 11: Mineral Resource (Released April 2019)
Mineral Resource (Released April 2019) For personal use only (CoEq = Co ppm + S % * 22.235). Data is reported to significant figures to reflect appropriate precision and may not sum precisely due to rounding. Source: Cobalt Blue Holdings Ltd These estimates of Mineral Resources were first announced
Slide 12: Maiden Ore Reserve and PFS Site Layout
Maiden Ore Reserve and PFS Site Layout For personal use only Source: Cobalt Blue Holdings Ltd These Ore Reserves and production target were first announced in ASX announcement ‘Thackaringa Cobalt Project Pre-Feasibility Study’ on 4 July 2018. The Company is not aware of any new information or data t
Slide 13: Ore Reserve (Released July 2018)
Ore Reserve (Released July 2018) For personal use only Source: Cobalt Blue Holdings Ltd Minor rounding errors may have occurred in the compilation of this table The Ore Reserve estimate is as released 4 July 2018 ‘Thackaringa Pre-Feasibility Study Announced’. The estimate is based on and inclusive o
Slide 14: Cobalt Sulphate Production Flowsheet
Cobalt Sulphate Production Flowsheet For personal use only Source: Cobalt Blue Holdings Ltd 14
Slide 15: Concentrate Circuit Pilot Trial – June 2019
For personal use only 15 Source: Cobalt Blue Holdings Ltd Concentrate Circuit Pilot Trial – June 2019
Slide 16: Metallurgical Testwork
Metallurgical Testwork For personal use only Scaling testwork - growing confidence in COB technology Study Level Period Concentrate Circuit Pyrolysis Circuit Leaching/Purification Scoping Study FY2017 20-30 kg Lab scale 1 kg Lab scale 1 kg Lab scale Pre-Feasibility Bulk trial in 2-3 kg 0.2-1 kg FY20
Slide 17: Post PFS – Options Studies FY19-20
Post PFS – Options Studies FY19-20 For personal use only Target 20+ year mine life via exploration and growth of mineral resources. Metallurgical pilot plant trials on 90 t of ore samples to produce cobalt sulphate and elemental sulphur for market assessment. Evaluation of power demand and sup
Slide 18: COB Technology - Project Evaluation (2)
COB Technology - Project Evaluation (2) For personal use only Queensland based testwork Location of Rocklands and Millennium co-operation agreements: Global Energy Metals Corporation (GEMC) has recently acquired the Millennium Co-Cu-Au Deposit near Mount Isa, Australia. COB plans to test the app
Slide 19: Australian Critical Minerals
Australian Critical Minerals For personal use only Participating with Australian industry and researchers to develop processing pathways for refined battery raw materials Application for grant from CRC- Project Program Round 8. COB led consortium for pilot scale optimisation of the recovery of cobal
Slide 20: The Cobalt Blue Team
The Cobalt Blue Team For personal use only “Extensive expertise in mineral exploration and mine development, investment management, corporate law and energy storage.” Independent Chairman – Robert Biancardi IBM, Citibank, Westpac and Evolution Healthcare (senior management and director). Numerou
Slide 21: Long-term cobalt market deficit looming
Long-term cobalt market deficit looming Strong fundamentals, underpinned by EV adoption For personal use only Source: Cobalt Blue Holdings Ltd 21
Slide 22: EVs are coming…
EVs are coming… For personal use only EV market share climbing – economic forces will take over. ICE = Internal Combustion Engine Vehicle EV = Electric Vehicle 22
Slide 23: History repeats
History repeats For personal use only Easter Fashion Parade - 5th Ave New York City, USA. Source: Cobalt Blue Holdings Ltd 1901 – Spot the car! 1913 – Spot the horse! 23
Slide 24: Cobalt in EV batteries
Cobalt in EV batteries For personal use only Cobalt is critical to lithium ion battery safety and performance Source: Cobalt Blue Holdings Ltd 24
Slide 25: Fuel mix inflection point is now
Fuel mix inflection point is now For personal use only By 2050 wind/solar/hydro will dominate fuel mix. Investment trends are clear. 25
Slide 26: Substantial disruption coming….
Substantial disruption coming…. For personal use only Renewables + Storage = a brave new world 26
Slide 27: Disclaimer
Disclaimer For personal use only DISCLAIMER Information contained in this confidential document (“Presentation”) has been prepared by Cobalt Blue Holdings (the “Company”). It has not been fully verified and is subject to material updating, revision and further amendment. While the information contai
Slide 28: Competent Persons Statement
Competent Persons Statement For personal use only COMPETENT PERSONS STATEMENT The information in this report that relates to Exploration Results is based on information compiled by Mr Heath Porteous, a Competent Person who is a Member of The Australasian Institute of Mining and Metallurgy. Mr Porteo
Slide 29: Compliance Statements
Compliance Statements For personal use only COB confirms it is not aware of any new information or data that materially affects the information included in the relevant market announcements and in the case of Mineral Resources, Ore Reserves and production targets, all material assumptions and techni
Slide 30: Compliance Statements
Compliance Statements For personal use only Slide 7 The OZ Minerals Carrapateena testwork agreement is as released 31 October 2019 ‘Cobalt Blue – OZ Minerals Testwork Agreement’. Slide 10 The current (2019) Mineral Resource estimate is as released 4 April 2019 ‘Significant Thackaringa Resource Upgra
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