Energy Metals Ltd · ASX:EME
Energy Metals — Shareholder Meeting (May 2021)
18 slides from Energy Metals's shareholder meeting presentation, May 28, 2021
Slide 1: Annual General Meeting 2021
For personal use only Annual General Meeting 2021 Shuqing Xiao Managing Director
Slide 2: Disclaimer
Disclaimer For personal use only This presentation has been prepared by Energy Metals Limited (“Energy Metals or EME”). The information contained in this presentation is a professional opinion only and is given in good faith. Certain information in this presentation has been derived from third parti
Slide 3: EME Share Price vs U3O8 Price from 2010
For personal use only 0.00 0.50 1.00 1.50 2.00 Jan-10 Price Au$ Apr-10 EME Share Jul-10 Oct-10 Jan-11 Apr-11 Jul-11 Tsunami Japanese Oct-11 Jan-12 Apr-12 Jul-12 Oct-12 Jan-13 Apr-13 Jul-13 Oct-13 Jan-14 Apr-14 Jul-14 Oct-14 Jan-15 Apr-15 Jul-15 Oct-15 Jan-16 Apr-16 Jul-16 Oct-16 Jan-17 Apr-17 Jul-17
Slide 4: EME Capital Structure & Corporate Information
EME Capital Structure & Corporate Information Issues shares & cash on hand Directors & Management For personal use only • Mr Fei He (Non-Executive Chairman) Shares on Issue 209.7M Shareholders* 632 • Mr Shuqing Xiao (Managing Director) Cash & Bank (31 Dec • Mr Lindsay Dudfield (Non-Executive $16.26M
Slide 5: Uranium Market Review – Uranium Price
Uranium Market Review – Uranium Price Uranium spot price is still at a low level and in the transition from the downward cycle to the upward cycle For personal use only Data source: World Nuclear Association
Slide 6: Uranium Market Review - Uranium Demand
Uranium Market Review - Uranium Demand Stable and strong demand from nuclear reactors For personal use only • Uranium consumption has returned to pre-2011 levels. • More reactors to be built in Asia and the Middle East with 52 reactors under construction and more planned reactors. • Uranium requirem
Slide 7: Uranium Market Review - Mine Supply
Uranium Market Review - Mine Supply Uranium supply cycles lagged behind uranium price cycles For personal use only • The supply upward cycle continued to the year of 2012 since the Fukushima in 2011 • The change of supply cycle from the upward to downward happened in 2016. • Now it is in the supply
Slide 8: Uranium Market Review - Mine Supply: Global Supply Cuts
Uranium Market Review - Mine Supply Global Supply Cuts For personal use only Producers have been taking self-help measures • 47Mlbs supply reduction from major uranium mines since 2016 • 14Mlbs supply cannot recover due to production ceased or shutdown (Rabbit Lake, Cominak and Ranger) Data source:
Slide 9: Uranium Market Outlook
Uranium Market Outlook Another uranium price upward cycle is approaching For personal use only • Uranium requirements will grows steadily with cumulative uncovered requirements of about 1.4 billion pounds to the end of 2035. • Uranium supply is still in the downward cycle and it will continue. • Ura
Slide 10: Strong Shareholder Support – CGN URC
Strong Shareholder Support – CGN URC CGN Uranium Resources Co., Ltd (CGN-URC) is a wholly owned For personal use only subsidiary of CGN, the largest nuclear utility in China As of the end of December 2020 x24 27.14GW 56% domestically Units in operation: remains No.1 domestically, enters top 3 global
Slide 11: Northern Territory projects
Northern Territory projects For personal use only NORTHERN TERRITORY PROJECTS
Slide 12: Northern Territory Projects – Bigrlyi JV
Northern Territory Projects – Bigrlyi JV Bigrlyi Joint Venture (EME 72.39%, NTU 20.82% and Noble 6.79%) For personal use only • EME’s flagship project is the sandstone-hosted Bigrlyi Uranium-Vanadium Deposit. • A prefeasibility study was completed in 2011 with key parts being progressively updated.
Slide 13: Northern Territory Projects – Bigrlyi Modelling
For personal use only Northern Territory Projects – Bigrlyi Modelling During the year, the mineralisation model for uranium along the Anomaly-4 to Anomaly-9 trend was updated including construction of new uranium wireframes.
Slide 14: Northern Territory Projects – Bigrlyi Mining Study
Northern Territory Projects – Bigrlyi Mining Study For personal use only The technical and economic advantages of an open-pit-only mining operation at Bigrlyi were investigated with development of improved open pit designs aimed at maximising the proportion of mineable resources within geotechnical
Slide 15: Northern Territory Projects – Bigrlyi Deposit Model
Northern Territory Projects – Bigrlyi Deposit Model A new geological model was For personal use only developed for the Bigrlyi deposit which belongs to the Saltwash- type of tabular sandstone-hosted U-V deposit commonly found in the Colorado Plateau of USA. Uranium and vanadium mineralisation at Big
Slide 16: Ngalia Regional exploration targets await drill-testing
Northern Territory projects – Ngalia Regional 12 exploration targets have been identified and await drill-testing For personal use only • Walbiri South* • Penrynth * • Carnotite Hill * • Autobahn * • Dingos Rest South * • Cappers area palaeochannels (off map to the east) • Patmungala * • Dingos Rest
Slide 17: Plans for 2021
Plans for 2021 For personal use only Northern Territory Projects: • Bigrlyi Project focus. • Field work and site visits have resumed following 2020 suspension. • Re-modelling of uranium and vanadium mineralisation at Bigrlyi is on-going in preparation for revision of the mineral resource estimate. •
Slide 18: For more information
For personal use only ASX:EME For more information: Phone: +61 8 9322 6904 Email: enquiry@energymetals.net Web: www.energymetals.net