Slide 1: Factor Therapeutics Limited 2021 Annual General Meeting
Factor Therapeutics Limited 2021 Annual General Meeting Chairman’s Address and Presentation from PowerLime, Inc. Brisbane (Australia) 28 May 2021: Factor Therapeutics Limited (ASX:FTT) (“Factor” or “the Company”) is pleased to provide the Chairman’s Address to the Annual General Meeting of Sharehold
Slide 2: Chairman's Address (continued): PowerLime term sheet
As we have previously discussed with Shareholders, the Board had considered whether the best course of action would be to return capital to Shareholders. The feedback from Shareholders was appreciated in support of finding a new opportunity for the Company, and although the Board primarily considere
Slide 3: Factor Therapeutics AGM Presentation May 2021
FACTOR THERAPEUTICS AGM PRESENTATION MAY 2021
Slide 4: Forward Looking Statements
Forward Looking Statements Information included in this release constitutes forward-looking statements. Often, but not always, forward looking statements can generally be identified by the use of forward looking words such as “may”, “will”, “expect”, “intend”, “plan”, “estimate”, “anticipate”, “cont
Slide 5: Opportunity for a high calcium limestone development and exploration project in the Southern USA
ADVANCED PROJECT Opportunity for a high calcium limestone development and exploration Advanced high calcium limestone project in the heart of the Georgia agricultural project in the Southern USA belt END MARKETS Close proximity to local end markets, replacing lime imported from other US states INFRA
Slide 6: Project Overview
Project Overview ▪ Option to acquire 361-acre property outside of Blakely in southern Georgia ▪ Potential for high quality limestone which is anomalous to the area ▪ Excellent access to rail, natural gas, power and low- cost labour – major rail running through property ▪ Significant work undertaken
Slide 7: End Markets & Product Sales
End Markets & Product Sales ▪ The company is investigating sales to major end users within 250 miles of the project. ▪ Applicable industries include the Ag Lime market, Scrubber market and Glass market. ▪ Initial discussions underway with major U.S. commodity traders. AG LIME SCRUBBER GLASS MAJOR EN
Slide 8: Georgia Ag Lime Market
Georgia Ag Lime Market ▪ In the heart of prime farmland, primarily used for production of peanuts and cotton for the domestic US market. ▪ These farms require significant volumes of agricultural lime additives to remain productive. ▪ The majority of this market is supplied by Florida based limestone
Slide 9: Geological Work
Geological Work ▪ 8 sonic holes drilled and 8 test pits dug in 2019 and 2020. ▪ Limestone intersections of up to 10m from near surface. ▪ Consistent, high calcium limestone in all samples, generally ~96% - 97% CaCO3. ▪ Potential to rapidly define a large high calcium limestone mineral resource on th
Slide 10: Metallurgy & Chemical Test Work
Metallurgy & Chemical Test Work ▪ Geochemical analysis, abrasion testing and specific gravity analysis undertaken for the limestone ▪ Initial geochemical analysis suggest that the product may be suitable for all applicable markets Ag Lime, Scrubber and Glass Limestone Ca CaO CaCO3 Mg MgO MgCO3 Fe2
Slide 11: Process Design & Cost Estimate
Process Design & Cost Estimate ▪ Marshall Miller & Associates were engaged to perform a high level cost analysis for a starter operation. ▪ The analysis was focused upon investigating the development of an initial small scale, positive cashflow operation. ▪ The analysis highlighted the potential for
Slide 12: Downstream Potential
THE LIME CYCLE Downstream Potential ▪ The property is located close to rail, power, natural gas and labour. LIMESTONE (CaCO3) ▪ Given the pro-development stance of the government, there is the potential to permit and operate a new, large, SE US based lime kiln for production of quick and/or hydrated
Slide 13: Founders & Track Record
Founders & Track Record Anastasios Arima Dominic Allen Founder & Director of ASX / Nasdaq-listed 15 years experience in the financing, Piedmont lithium Ltd and Managing Director development and operations of natural of ASX-listed Hyperion Metals. resource organizations, including with Rio NASDAQ / A