New Age Exploration Limited · ASX:NAE
New Age Exploration — AJM Coal Investment Summit 2012
17 slides from New Age Exploration's conference presentation, Mar 6, 2012
Slide 1: New Age Exploration: Emerging Colombian Coal Producer
NEW AGE EXPLORATION “Emerging Colombian Coal Producer” AJM Coal Investment Summit Sydney, 6th March 2012
Slide 2: Important Notices and Forward Looking Statements
IMPORTANT NOTICES AND FORWARD LOOKING STATEMENTS This presentation is for limited circulation to selected recipients. It is provided on a strictly private and confidential basis to be used solely by the recipient and their professional advisors. It must not be made available to, or discussed with, a
Slide 3: NAE - Corporate Profile
NAE - CORPORATE PROFILE Corporate Snapshot Share Price Performance 14.0 $0.18 ASX Code NAE $0.16 12.0 NAE share price (as at 28 Feb 2012) A$0.095 $0.14 10.0 Share price (A$/share) $0.12 Total shares on issue 130.6m 8.0 Volm (m) $0.10 Listed options on issue1 23.3m 6.0 $0.08 Unlisted options on issue
Slide 4: Our Experiences in Colombia
OUR EXPERIENCES IN COLOMBIA 4
Slide 5: Colombia – An Emerging Investment Destination
COLOMBIA – AN EMERGING INVESTMENT DESTINATION • Colombia in South & Central America Fraser Institute Ranking of South and Central American Countries (2010/2011) Fraser Institute #3 and World Bank #2 90 78 79 80 75 76 rating in South America Ranking from 79 world regions 68 70 65 Democracy & free
Slide 6: Our Experience
OUR EXPERIENCE..…. • Safety and Security in the majority of the country is good • Excellent resource endowment / Lower competition • Relationships are essential • Our Local Partners “Aurora Energy” have been key to our success 25 years experience operating in Colombia Leading supplier of mining
Slide 7: Colombian Coal
COLOMBIAN COAL #1 South American resource base, #5 coal global exporter • 2010 Exports: 68 Mt, 7B tonne resource base Cesar Project Majority of exports : low sulphur thermal coal Europe/US major consumers 15% of coal exported to Asia – rapidly growing • Coking coal/coke Exports 1-2Mtpa of co
Slide 8: Building the Project Pipeline
BUILDING THE PROJECT PIPELINE 8
Slide 9: NAE's Colombian Strategy
NAE’S COLOMBIAN STRATEGY • Adding value to shareholders through the exploration and development of our coking and thermal coal projects • Growing the project pipeline through targeted acquisitions 2011 – five coal assets acquired: three coking coal, two thermal coal assets Strong track record of
Slide 10: Project Portfolio Highlights
PROJECT PORTFOLIO HIGHLIGHTS • Terranova Stage One: Advancing towards coking coal production in 2013 Scoping study completed 3.6Mt JORC Inferred Resource defined 400ktpa saleable hard coking coal over a mine life of approximately 2 years BFS & permitting scheduled to be completed by July 201
Slide 11: Moving from Producer to Explorer
MOVING FROM PRODUCER TO EXPLORER 11
Slide 12: Terranova Coking Coal Project
TERRANOVA COKING COAL PROJECT Terranova Coking Coal Project • Stage One (887T) Positive scoping study completed BFS scheduled for completion in July 2012 JORC Resource of 3.6Mt hard coking coal defined Current mine life of 1.8 years (constrained by permitting) Production rate of 400ktpa ha
Slide 13: Terranova Stage One – HCC Production Opportunity
TERRANOVA STAGE ONE – HCC PRODUCTION OPPORTUNITY • Maiden JORC Resource: 3.6Mt Medium Volatile Hard Coking Terranova Stage One Coking Coal Project Coal (HCC) (5.2% ash, 0.6% S, 27.6% VM, FSI of 9) • Currently producing 25ktpa Medium Volatile HCC permitted until October 2014 (887T) • Scoping study co
Slide 14: Terranova Project – Indicative Project Timeline
TERRANOVA PROJECT – INDICATIVE PROJECT TIMELINE 2011 2012 2013 2014 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Stage 1: Terranova Mine Mechanisation Drilling Scoping Study Feasibility Study & Permitting Construction Production Stage 2: FL2-151 Mapping & Trenching Permitting Drilling (subject to appro
Slide 15: Cesar Export Thermal Coal Projects
CESAR EXPORT THERMAL COAL PROJECTS Corporate Activity in the Cesar Basin • Cesar Basin contains multiple economic export quality seams 2-6m thick with total coal thickness up to 35m • Significant corporate activity in Cesar Basin (Itochu acquires 20% of Drummond for US$1.5B in June 2011, MPX, Vale s
Slide 16: Investment Case Summary
INVESTMENT CASE SUMMARY • Terranova Project Stage One advancing towards hard coking coal production of 400Ktpa in 2013 BFS scheduled for completion in July 2012 • Multiple options being explored to extend Terranova Project life by 10+ years Terranova Stage Two: Production from adjacent concessio
Slide 17: For Further Information Please Contact
FOR FURTHER INFORMATION PLEASE CONTACT: Gary Fietz, Managing Director, NAE Telephone: 61 3 9614 0600 Email: info@nae.net.au Image: M3 Hard Coking Coal Seam, Terranova. Seam height approx. 1.6m 17
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