Metals X Limited · ASX:MLX
Metals X — Shareholder Meeting (October 2019)
16 slides from Metals X's shareholder meeting presentation, Oct 24, 2019
Slide 1: Presentation at 2019 Annual General Meeting
CLICK TO EDIT MASTER TITLE STYLE ENABLING TECHNOLOGY OF THE FUTURE PRESENTATION AT 2019 ANNUAL GENERAL MEETING 24 OCTOBER 2019
Slide 2: Cautionary Statement & Disclaimer
CLICK TO EDITSTATEMENT CAUTIONARY MASTER TITLE & DISCLAIMER STYLE This Presentation has been prepared by Metals X Limited (“Metals X”, “MLX” or the “Company”). GENERAL DISCLAIMER This Presentation contains summary information about the Company’s activities current as at the date of this Presentation
Slide 3: Renison Tin Operations
RENISON CLICK TO EDITTIN OPERATIONS MASTER TITLE STYLE Optimising A World-Class Tin Mine (Awaking the Giant!)
Slide 4: Renison Tin Operations – A World Class Mine
CLICK TO TIN RENISON EDITOPERATIONS MASTER TITLE – ASTYLE WORLD CLASS MINE Renison is a stable, high margin, consistently performing operation which has had a stellar year; FY 19 EBITDA of $21.5M FY 19 Averaged realised margin of 32.5% Increased mill throughput by 24% and mill feed grade by 22% Incr
Slide 5: Renison Tin Operations – Key Focus Areas FY2020
CLICK TO TIN RENISON EDITOPERATIONS MASTER TITLE – KEY STYLE FOCUS AREAS FY2020 Optimising the Mine Schedule To Increase Mine Grades Continued focus on resource definition drilling at high grade targets including Bell 50 & Leatherwood Grade Priority completion of the Area 5 Mining Optimisation Study
Slide 6: Renison – Resource Longsection, Open in All Directions
CLICK TO TIN RENISON EDITOPERATIONS MASTER TITLE – ASTYLE WORLD CLASS MINE Despite 100 years of mining history, Renison remains open in all directions. The current resource is drilling constrained not geology constrained Three drill rigs currently in operation undertaking both GC and ResDef programs
Slide 7: Wingellina Nickel-Cobalt Project
WINGELLINA CLICK NICKEL TO EDIT MASTER – COBALT PROJECT TITLE STYLE Massive Latent Value
Slide 8: Wingellina Nickel/Cobalt Project – Massive Latent Value
CLICK TO EDIT WINGELLINA NICKEL MASTER / COBALT TITLE STYLE PROJECT – MASSIVE LATENT VALUE Battery Metals – The (Car) Keys That Will Unlock Wingellina Forecast Global Battery Metal Demand Consensus forecasts strong growth in nickel and cobalt sulphate demand from EV revolution and move to utility sc
Slide 9: Nifty Copper Operations
NIFTY CLICK TOCOPPER OPERATIONS EDIT MASTER TITLE STYLE Renovating & Developing a Significant Copper Mine
Slide 10: Nifty Copper Operations – Reset Timeline
CLICK COPPER NIFTY TO EDIT MASTER OPERATIONS TITLE– STYLE RESET TIMELINE Key Activity Dec’18 Qrt Mar’20 Qrt Jun’19 Qrt Sep’19 Qrt Dec’19 Qrt Mar’20 Qrt Board & Executive Team Changes Operational Review Targeting 2Mtpa Mining Rate Focus On Reducing Cost Base Focus On Development Into New Areas Recomm
Slide 11: Nifty Copper Operations – Significant Opportunity
CLICK COPPER NIFTY TO EDIT MASTER OPERATIONS TITLE– STYLE SIGNIFICANT OPPORTUNITY Nifty was acquired on the basis of the substantial geological opportunity 85,000m of drilling completed to date has expanded and upgraded the Mineral Resource Complete rebuild of Ore Reserve during June quarter – 11.1M
Slide 12: Nifty Copper Operations – Driving Production
CLICK COPPER NIFTY TO EDIT MASTER OPERATIONS TITLE– STYLE DRIVING PRODUCTION Focused on driving production within the “new mine” areas east and west of the historic Central Mining Area; Utilising ‘short interval’ control throughout the mine Increasing accountability of all employees Applying laser f
Slide 13: Nifty Copper Operations – Ticking the Boxes
CLICK COPPER NIFTY TO EDIT MASTER OPERATIONS TITLE– STYLE TICKING THE BOXES Reset Plan Phase 1 Progress to date Extensive copper resources identified both east and west of the Central Zone Expanding 1 90% of the Ore Reserve is now outside of the historical Central Zone Resources & Reserves D
Slide 14: Concluding Comments
CLICK TO EDITCOMMENTS CONCLUDING MASTER TITLE STYLE Metals X assets are high quality and long life. The commodity focus of copper, tin, nickel and cobalt is highly leveraged to technology, particularly to the forecast growth in electric vehicles and utility scale battery storage systems The entire M
Slide 15: Questions?
CLICK TO EDIT MASTER TITLE STYLE QUESTIONS ? 15 2019 AGM – MANAGING DIRECTORS REPORT
Slide 16: CLICK TO EDIT MASTER TITLE STYLE
CLICK TO EDIT MASTER TITLE STYLE 16