Southern Palladium Ltd. · ASX:SPD
Southern Palladium — Investor Presentation (June 2022)
17 slides from Southern Palladium's investor presentation, Jun 15, 2022
Slide 1: Webinar Presentation
15 June 2022 Webinar Presentation Southern Palladium Limited (ASX:SPD) releases the attached Webinar Presentation. As announced to the ASX on 10 June 2022, Southern Palladium will also be hosting an investor webinar at 2 PM AEST on Wednesday 15 June 2022. For anyone wishing to attend the webinar, pl
Slide 2: The Bengwenyama PGM Project
SOUTHERN PALLADIUM LIMITED TH E B E N G W E N YA M A P G M P R O J E C T S U C C E S S F U L C A P ITA L R A IS E A N D LIS TIN G – 1
Slide 3: Disclaimer
Disclaimer The following disclaimer applies to this investor presentation (Presentation). You should read this disclaimer carefully before reading or making any other use of this Presentation or any information contained in this Presentation. By accepting this Presentation, you represent and warrant
Slide 4: Disclaimer (cont'd)
Disclaimer (cont’d) Future performance This Presentation contains forward looking statements, including statements regarding the Company's intentions, beliefs or current expectations about the Group's business and operations, and market conditions. Forward looking statements can generally be identif
Slide 5: Bengwenyama project highlights
Bengwenyama project highlights – u n lo c kin g su b st a n t ia l va lu e PGM POTENTIAL A large, shallow, advanced exploration / pre-development Platinum Group Metals (PGM) opportunity In the heart of the Eastern Limb of the Bushveld Complex which contains approx. 72% of the world’s PGM resources.
Slide 6: SPD Corporate and asset ownership structure
SPD Corporate and asset ownership structure Number of shares million Pre-IPO shares 6.25 7.0% Bengwenyama Community via Southern Palladium MUM acquisitions shares 45.50 50.7% Nurinox Investments 12.3% Limited Pty Ltd IPO shares 38.00 42.3% Total 89.75 100% 30% 70% Additional securities million Mirac
Slide 7: Management
Experienced SPD Board & Management with outstanding track record NON-EXECUTIVE CHAIRMAN NON-EXECUTIVE DIRECTOR Terence Goodlace Daan van Heerden • 40+ years mining experience including 28 years in executive and leadership roles with • Over 30 years’ experience in mining Gold Fields Limited • Signifi
Slide 8: Excellent project location
Excellent project location | single community • 290km on sealed road from Johannesburg • In the ‘sweet spot’ of the Eastern Limb • Excellent infrastructure (water, power and services) • Skilled workforce in Steelpoort and Burgersfort • One of the last remaining, undeveloped PGM projects to be develo
Slide 9: 34 - 52 million ounce PGE potential
34 - 52 m illio n o u n c e P GE (3P GE+Au ) p o t e n t ia l Revenue Split – UG2 Reef Inferred Resource, (JORC 2012) Spot Price UG2 MR Platinum USD/oz. 930 409 567 Palladium USD/oz. 1,736 764 503 Rhodium USD/oz. 12,500 1,250 375 Exploration Target, (JORC 2012) (in addition to the Inferred Resource)
Slide 10: A rare tier 1 shallow, eastern limb project
A rare tier 1 shallow, eastern limb project • Tabular continuous orebodies dips gently to the west at 10-12 degrees • Geologically straightforward with consistent grades and structurally simple • UG2 typical of the Eastern Limb deposits: mineable grades (ca. 4.5g/t PGE 3E + Au) at a very attractive
Slide 11: Positive results from geophysical survey
Positive results from geophysical survey • High-definition helicopter-borne geophysical survey completed • Data confirms confidence in the existing geological structure • Imaging also confirms absence of anomalous (Loss of Reef) features in the target area for phase 1 drill program 10
Slide 12: Exploration plan
Exploration plan | 25,000m of drilling over 10 -12 m o n t h s • A contract signed with Geomech Africa Proprietary Limited for Phase 1 • Delivering JORC Indicated Resources and Probable Reserve of at least 2Moz in the UG2, sufficient for an initial 9-10 year life • Overlying Merensky Reef to be inte
Slide 13: Exploration/Pre-development timeline
Exploration/Pre -d e ve lo p m e n t t im e lin e PLAN ITEM ACTIVITY PLAN START DURATION PERIODS MONTH 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 1 Geophysics 1 2 2 Ph 1 Shallow Inferred Indicated Conversion 3 10 3 JORC 2012 Resource Report 12 4 4 Concept Study 6 6 5 Ph 2 Drillin
Slide 14: Green economy fuels PGM demand
Green economy fuels PGM demand 1 Application Green hydrogen – Platinum and Iridium OUR FUTURE IS GREEN Fuel cells – Platinum Autocatalysts in Internal Combustion Engine (“ICE”) – Palladium, Green movement has sparked a Platinum and Rhodium still the biggest driver significant renewed interest
Slide 15: Environmental, social and governance
Environmental, social and governance SPD’s Board brings their ESG experience into the management of the company and the project. ENVIRONMENT SOCIAL GOVERNANCE “Bengwenyama Dream – Yes We Can!! The resident Bengwenyama Our approach to environmental The boards of SPD and MUM are Community is a respect
Slide 16: Investment summary
Investment summary LOCATION The right address with top tier potential and with strong single community support. UNLOCKING Potential to increase with exploration program and PFS. 70% of IPO funds into the ground over two years. POTENTIAL ATTRACTIVE EV of ~US$1.94 per attributable Inferred Resource ou
Slide 17: Contact
CONTACT South Africa Australia Johan Odendaal Mike Stirzaker Ma n a g in g Dire c t o r De s ig n a t e No n -Ex e c u t ive Dire c t o r M: +27 82 557 6088 M: +61 411 686 641 E: johan.odendaal@southernpalladium.com E: mike.stirzaker@southernpalladium.com 16
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