Andromeda Metals Limited · ASX:ADN
Andromeda Metals — Share Cafe Webinar - Micro/Small Cap "Hidden Gems" Webinar (September 2020)
15 slides from Andromeda Metals's conference presentation, Sep 11, 2020
Slide 1: Investor Webinar Presentation
11 September 2020 Manager Announcements Company Announcements Office Australian Securities Exchange Limited Level 4, 20 Bridge Street Sydney NSW 2000 INVESTOR WEBINAR PRESENTATION Andromeda Metals Limited (ASX: ADN, “Andromeda” or “the Company”) is pleased to announce its participation in the Share
Slide 2: Andromeda Metals Investor Presentation
DATE: 11th Sep 2020 ASX:ADN www.andromet.com.au ANDROMEDA METALS INVESTOR PRESENTATION DEVELOPING A WORLD-CLASS HALLOYSITE-KAOLIN PROJECT 1
Slide 3: Corporate Overview
CORPORATE OVERVIEW Capital Structure 10 September 2020 ▪ Market Capitalisation $99.5M ▪ Cash $3.4M $0.08 120 ▪ Debt $0M $0.07 ▪ Enterprise Value $96.1M 100 ▪ 1,657,400,593 fully paid ordinary shares $0.06 ▪ Current Share Price $0.065 cents. 80 $0.05 Options ▪ 490,636,147 listed ($0.012 & expiry 30 N
Slide 4: Andromeda Assets
ANDROMEDA ASSETS Halloysite-Kaolin Primary Focus Great White Kaolin (JV with MEP) and Mount Hope (100%) Projects in South Australia Gold Copper Additional Assets & JV’s Environmental Copper Evolution Mining JV Cobra Resources JV Gold Tenements Recovery JV Gold in Qld Gold in SA Pilbara WA Copper in
Slide 5: Great White Kaolin Project
GREAT WHITE KAOLIN PROJECT Primary Project Focus - Halloysite-Kaolin ▪ Great White - among the world’s largest halloysite- kaolin Reserves & Resources ▪ Located close to essential infrastructure ▪ extremely robust Pre-Feasibility Study ▪ High grade halloysite found at Hammerhead ▪ Significant high-p
Slide 6: Key Takeouts
KEY TAKEOUTS Andromeda Metals is a low capex, short payback period, large scale potential Halloysite- Kaolin miner You already use Kaolin in a vast number of applications, every day Global supply of high-quality halloysite-kaolin is reducing Andromeda will be the largest supplier of Halloysite-Kaoli
Slide 7: What is Halloysite-Kaolin
WHAT IS HALLOYSITE-KAOLIN The Great White resource is a naturally occurring blend of halloysite tubes and kaolinite plates Halloysite Tubes Kaolinite Plates 6
Slide 8: Kaolin Uses
KAOLIN USES You already use kaolin in a vast number of applications, everyday 7
Slide 9: Halloysite-Kaolin Uses
HALLOYSITE-KAOLIN USES Exciting New Applications in Construction Products H-K in 40MPa Concrete ❑ Various levels of halloysite % products from the 50 45 Great White and Hammerhead deposits being MPA & BLEED ML 40 35 tested in a range of construction products ❑ Addition levels as low as 1kg/m3 of con
Slide 10: Halloysite Uses
MOST RESEARCHED CLAY MINERAL HALLOYSITE USES IN THE WORLD >8000 Papers and 100’s of Patents Granted Great White Project halloysite is being tested in all of these emerging and existing applications: Hydrogen Storage and Transport Batteries and Super-Capacitors Water Purification Carbon Dioxide Captu
Slide 11: Current Highlights
CURRENT HIGHLIGHTS Great White Project PFS Mid Term 12.5Mt Ore Reserve * High grade Halloysite found at High Halloysite component 9.7Mt Hammerhead NPV of A$736m (pre tax / 8% discount rate) High-purity Kaolin resource EBITA (LOM) A$2.06B at Mount Hope 26 year mine life (@500ktpa) Nanotube applicatio
Slide 12: Market Value Overview
A$1000’s per gram Market Value Overview A$1,000/t - A$5,000/t * (depending on % purity) Expected Profit Very Significant A$700/t(1) (230ktpa used in PFS) Expected Profit 80% Expected Profit 50% Cost of Extraction & Processing 50% Cost of Extraction and Processing N/A Cost of Extraction & Processing
Slide 13: So What's Next?
So What’s Next? • Mining lease approvals – in progress • Definitive feasibility study - in progress • Progress customer offtake agreements – through 2020 and 2021 • Define an halloysite-kaolin resource at Hammerhead - imminent • Define a halloysite-kaolin resource at Tiger – Q4 2020 • Potential stud
Slide 14: In Summary
In Summary ▪ Andromeda has one of the world’s largest resources of halloysite-kaolin ▪ This is a high value industrial mineral selling into a low-volatility market ▪ Global demand is increasing and supply is decreasing ▪ Low capex project with a short timeline to operation ▪ Simple business model wi
Slide 15: Thank You / Cautionary Statements
Cautionary Statements The preliminary feasibility study (Pre-Feasibility Study, PFS) referred to in this announcement has been undertaken to study a range of options to produce high-quality halloysite-kaolin product from the Kaolin Resource at Poochera in South Australia in order to provide Andromed