Win Metals Ltd · ASX:WIN
Win Metals — Widgie Nickel — Shareholder Meeting (November 2023)
14 slides from Win Metals's shareholder meeting presentation, Nov 8, 2023
Slide 1: Annual General Meeting – Critical Minerals for a Cleaner Future
For personal use only Annual General Meeting Critical Minerals for a Cleaner Future ASX: WIN NOVEMBER 2023 WIDGIENICKEL.COM.AU
Slide 2: Important notice and disclaimer
Important notice and disclaimer This presentation has been prepared by Widgie Nickel Limited (“WIN” or the “Company”) to assist in informing interested parties about the No liability Company. It should not be considered as an offer or invitation to subscribe for or purchase any securities in the Com
Slide 3: Lithium production to nickel concentrate – the Widgie Dual Strategy
Lithium production to nickel concentrate the Widgie Dual Strategy For personal use only 240km2 granted mining leases covering the highly prolific Widgiemooltha Dome, with exposure to two critical minerals LITHIUM – NEAR TERM PRODUCTION OPPORTUNITY FARADAY-TRAINLINE LITHIUM PROJECT Shovel ready proje
Slide 4: Corporate Summary
Corporate Summary WIN $0.17 $50.65M Major Shareholders For personal use only ASX Share Price Market Cap as at 8 November 2023 as at 8 November 2023 Virtue Investments Corp 10.00% Farjoy 5.03% $6.1M 10.55M 297.9M D Reed 4.87% Cash Total Options Shares on Issue TOP 20 40.77% as at 30 September 2023 an
Slide 5: Board & Management
Board & Management Andrew Parker Steve Norregaard For personal use only Non-Executive Chair Managing Director & CEO Andrew holds a Bachelor of Laws (LLB) degree from the Steve is an experienced resources industry executive, University of Western Australia and has significant company director, and mi
Slide 6: Dual strategy of lithium and nickel development
Dual strategy of lithium and nickel development Near-term Lithium optionality while progressing main long-term Nickel concentrate operation For personal use only Stage 01 Stage 02 Stage 03 Stage 04 Shovel ready Rapid lithium Feasibility studies Standalone Nickel lithium development and MRE growth Co
Slide 7: 240km2 Widgie Strategic Portfolio
240km2 Widgie Strategic Portfolio For personal use only FARADAY-TRAINLINE LITHIUM PROJECT(100%) • Lithium discovery October 2022 • MRE: 1.96Mt @ 0.69% Li 2O (@ 0.30% Li 2O cut-off) • High grade, near surface zone of 373kt @ 1.00% Li 2O • Mineralisation open at depth • Fully permitted, ready to dig M
Slide 8: Faraday-Trainline Lithium Project
Faraday-Trainline Lithium Project Faraday-Trainline offers a near-term production opportunity • Drilling has confirmed the consistent presence of For personal use only shallow-dipping lithium-bearing (LCT) pegmatite over 800m strike • Flowsheet development testwork has achieved 81.0% lithium recover
Slide 9: Faraday-Trainline Lithium Mineral Resource
Faraday-Trainline Lithium Project Faraday- Trainline Lithium Mineral Resource For personal use only Faraday MRE block model section 6515620mN looking north (left) and plan view section location map (right) Trainline MRE block model section 6516060mN looking north (left) and plan view section locatio
Slide 10: Mt Edwards Nickel Project – standalone nickel concentrator
Mt Edwards Nickel Project Standalone nickel concentrator contemplated in scoping study For personal use only • Upside potential: 6 Mineral resources + 6 resources to upgrade • Broader standalone operation will unlock substantially more value from the entire resource base. • Proposed Nickel concentra
Slide 11: Mt Edwards Nickel Project separate nickel deposits positioned to drive value
Mt Edwards Nickel Project 12 separate nickel deposits positioned to drive value • Widgiemooltha Dome has similar geology to the nearby Kambalda Dome For personal use only • Unique occurrence of 12 deposits on 15 km of prospective strike • Lends itself to economies of scale. A unique situation allowi
Slide 12: Widgie is unlocking significant value across two in-demand critical minerals
Widgie is unlocking significant value across two in-demand critical minerals For personal use only Early revenue opportunity Scoping Study contemplates from fast-track lithium production substantive nickel mining operation operation set to crystalise with a standalone concentrator. value in the near
Slide 13: Contact details
For personal use only Level 4, 220 St Georges Tce, Perth, WA 6000 +61 8 63817250 info@widgienickel.com.au ASX: WIN WIDGIENICKEL.COM.AU ASX: WIN WIDGIENICKEL.COM.AU 13
Slide 14: Appendix A – Lithium carbonate spot price history YOY
Appendix A – Lithium carbonate spot price history YOY For personal use only ASX: WIN WIDGIENICKEL.COM.AU 14