Phosco Ltd · ASX:PHO

Phosco — Shareholder Meeting (November 2023)

17 slides from Phosco's shareholder meeting presentation, Nov 28, 2023

  1. Slide 1: Chairman's Address and 2023 AGM Presentation

    ASX Announcement 28 November 2023 CHAIRMAN’S ADDRESS AND 2023 AGM PRESENTATION PhosCo Ltd (ASX: PHO) (‘PhosCo’ or ‘the Company’) is pleased to release the Chairman’s Address and AGM presentation to be made at the Annual General Meeting (AGM) to be held at 3.00pm (AEDT) today, 28 November 2023. Chair

  2. Slide 2: Annual General Meeting Investor Update – November 2023

    For personal use only Annual General Meeting Investor Update – November 2023

  3. Slide 3: Disclaimer - Important Information

    Disclaimer - Important Information Cautionary Statement The Scoping Study referred to in this announcement is based on further technical work following a scoping study released in 2012. This study remains at the level of a Scoping Study based on preliminary For personal use only technical and econom

  4. Slide 4: 2022 World Production – Rock Phosphate

    2022 World Production – Rock Phosphate Mt (30% P2O5) For personal use only China 85 Morocco 40 Current World Bank Price USA 21 Russia 13 US$348/t Jordan 10 Saudi Arabia 9 Egypt 5 Brazil 5 Chaketma Scoping Study Price: Peru 4 US$150/t Tunisia 4 Israel 3 World Total 199 Source: Investing News Network

  5. Slide 5: Multiple Phosphate Project Applications

    Multiple Phosphate Project Applications Base & Precious For personal use only Metal Projects 1. Chaketma – (51% PHO) Northern 2. Sekarna – (100% PHO) Phosphate Basin 3. Amoud – (100% PHO)  Northern Basin Tunisia  World scale potential

  6. Slide 6: Ideal Location

    Ideal Location Access – For personal use only  Road & rail links to ports Power –  Gas & grid power People –  Well educated, under- employed local population  Tunisian phosphate know-how Will need ground water. Known aquifers in region.

  7. Slide 7: Chaketma – Application

    Chaketma – Application For personal use only Global JORC 2012 Resource1: 146.4Mt @ 20.6% P2O5 Scoping Study Dec 2022: 2  1.5Mtpa x 30% P2O5  48-year initial life + exploration potential, 4 additional targets

  8. Slide 8: Chaketma Phosphate Project

    Chaketma Phosphate Project Initial 46 Year Mine Life at 1.5Mt Product For personal use only Annual Cashflow Post Tax NPV10 Years 1-10 Payback – After Tax US$657M US$150/t Phosphate Concentrate 1.5 years with IRR of 54% US$93.4M Phosphate Concentrate Operating Cost Production (First 10 Years) Develop

  9. Slide 9: Sekarna – Application

    Sekarna – Application For personal use only  Large outcropping target (128km2)  Simple geology, analogy of Chaketma  Mesa topography, exposed on sides Work program:  Low cost – high impact  Channel sample edges  Then drill PhosCo | Sustainable Phosphate | 8

  10. Slide 10: Amoud – Application

    Amoud – Application For personal use only  Adjacent to world-class Sra Ouertane Project, potential analogy  Sra Ouertane contains 2-3 billion tonnes of rock phosphate at an average grade of 16%  Project area well served by road, farm tracks, power  Exploration target in preparation

  11. Slide 11: For personal use only

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  12. Slide 12: Permitting Process

    Permitting Process For personal use only Permit Application Lodged CCM Approval Grant Date Simitu April 2022 October 2022 October 2023 Sekarna July 2022 Chaketma March 2023 Amoud June 2023 PhosCo | Sustainable Phosphate | 11

  13. Slide 13: Northern Phosphate Hub – what's needed

    Northern Phosphate Hub – what’s needed For personal use only Sekarna Permit Awaits Mines Committee Meeting 2015 Chaketma - Currently 51% PHO 2017 - Seizure of other 49% for unpaid damages – underway - New permit – lodged Amoud Permit To follow Sekarna PhosCo | Sustainable Phosphate | 12

  14. Slide 14: Simitu – Copper-Gold permit

    Simitu – Copper-Gold permit  Highly prospective 30km corridor, 100% PHO For personal use only  Numerous targets and old workings  Data rich and outcropping exposure  Historic exploration defined 7.5km soil anomaly with gold & coincident copper & arsenic  Rock chip results included 1.7g/t gold &

  15. Slide 15: Simitu – field work underway

    Simitu – field work underway For personal use only

  16. Slide 16: 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

  17. Slide 17: Appendix 1: JORC Resource Table

    APPENDIX 1: 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 Total 55.5 21.2 2015 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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