Peninsula Energy Limited · ASX:PEN
Peninsula Energy — H.C. Wainwright investor conference 2020
19 slides from Peninsula Energy's conference presentation, Sep 14, 2020
Slide 1: Notice of Corporate Presentation Webcast
For personal use only 14 September 2020 Companies Announcement Office Via Electronic Lodgement NOTICE OF CORPORATE PRESENTATION WEBCAST Peninsula Energy Limited (Peninsula or Company) is pleased to advise that Managing Director / CEO Mr Wayne Heili will be providing a Company update by way of a webc
Slide 2: Debt-Free & Well-Funded, Rapid Restart Potential
For personal use only Debt-Free & Well-Funded Rapid Restart Potential CODE : PEN
Slide 3: Disclaimer & Competent Person
Disclaimer & Competent Person This presentation is provided on the basis that the Company nor its representatives make any warranty (express or implied) as to the accuracy, For personal use only reliability, relevance or completeness of the material contained in the Presentation and nothing containe
Slide 4: Cautionary & Inferred Resources Notice
Cautionary & Inferred Resources Notice The Feasibility Study completed for the Lance Projects includes measured and indicated resources and an assumed resource conversion of 60% For personal use only (inferred to indicated or greater). The purpose of the Feasibility Study is to demonstrate the Lance
Slide 5: US-Focused Uranium Producer with Rapid Re-Start Potential
US - Focused Uranium Producer with Rapid Re-Start Potential Term debt-free and well-funded with over US$10m For personal use only in cash Direct access to the improving uranium market Low-capital pathway and rapid re-start potential following Final Investment Decision (FID) for Lance Applying a low
Slide 6: Corporate Overview
Corporate Overview For personal use only Key Details Share Price Chart Shares on Issue 882m Share Price (11 Sept 20) A$0.068 Market Capitalisation A$60m Term Debt Nil Cash (as of 30 June 2020) US$11.9m Board of Directors Management Team Mr John Harrison Non-Executive Chairman Combined 150-plus years
Slide 7: Lance Uranium In-Situ Recovery (ISR) Project
For personal use only Lance Uranium In-Situ Recovery (ISR) Project Wyoming, USA PENINSULA ENERGY LIMITED
Slide 8: A Tier-One, Long-Life Operation
A Tier-One, Long-Life Operation For personal use only Lance is one of the largest US uranium projects in size and scale 53.6M lbs U3O8 JORC (2012) compliant resource base1 Current market capitalisation reflects only a modest valuation of ~A$1.12 per pound of resources Lance is licensed to produce up
Slide 9: Applying Industry-Leading Low pH Process
Applying Industry-Leading Low pH Process Historically US uranium Lance was originally licensed for alkaline ISR For personal use only ISR projects utilised alkaline Laboratory testing in 2017 proved operational costs and production rates at Lance would significantly benefit from a low pH process
Slide 10: Technical Optimisation Activities
Technical Optimisation Activities For personal use only Q2 ‘20 Q3 ‘20 Q4 ‘20 Q1 ‘21 Q2 ‘21 Q3 ‘21 Q4 ‘21 • Drill rig on-site • Further optimise low pH transition planning to complete • New field demonstration commenced remaining wellfield • Unmined area not subject to alkaline activity required for
Slide 11: A Well-Defined Pathway to Production
A Well-Defined Pathway to Production For personal use only INSTALL TRANSITION 6 MONTHS FACILITIES/ URANIUM PRODUCTION (OLD FIELD AREAS) DEVELOPMENT FOR URANIUM TECHNICAL FURTHER PRODUCTION FID* OPTIMISATION OFFTAKE > 12 MONTHS FROM NEW ACTIVITIES AGREEMENTS AREAS & STUDY & FUNDING UPDATES * Low pH i
Slide 12: An Established Uranium Contract Book
An Established Uranium Contract Book For personal use only PENINSULA ENERGY LIMITED
Slide 13: Established and Proven Relationships
Established and Proven Relationships For personal use only Sales Net Revenue of US$6-8 million secured in CY21, through established uranium contract book Binding purchase agreement to procure 400,000 lbs U3O8 The only junior uranium producer with long-term sales contracts extending to 2030, represen
Slide 14: A Dynamic Uranium Market
A Dynamic Uranium Market For personal use only PENINSULA ENERGY LIMITED 13
Slide 15: Uranium Market Disruptions
Uranium Market Disruptions For personal use only The COVID-19 Pandemic has resulted in an unprecedented upheaval in the global uranium market Uranium demand has been quite resilient; however production disruptions have been significant; Global uranium leader Kazatomprom implemented major mine-site r
Slide 16: Key US NFWG Report Findings
Key US NFWG Report Findings For personal use only US DOE “Strategy to Restore American Nuclear Energy Leadership” A comprehensive outline of potential actions designed to revive the capabilities of the US uranium mining, milling and conversion industries Strategy has strong bipartisan support Key NF
Slide 17: Fully-Funded, Right-Team, Right Location
Fully-Funded, Right-Team, Right Location For personal use only Company is term-debt free and fully funded to meet all ongoing low pH ISR optimisation activities into CY2022 Peninsula is led by a highly-experienced and proven team with outstanding technical, operational and uranium experience Cash-fl
Slide 18: Contact Details
For personal use only Contact Details REGISTERED OFFICE Suite 22, 44 Kings Park Road West Perth, Western Australia 6005 Australia www.pel.net.au info@pel.net.au FURTHER INFORMATION Wayne Heili Managing Director +61 8 6263 4461 PENINSULA ENERGY LIMITED
Slide 19: Appendix – Resources
Appendix 1 – Resources For personal use only Lance Projects Resource Estimate as at 31 December 2018 Tonnes Classification U3O8(kg) Grade (ppm U3O8) U3O8(lbs) (million) Measured 3.4 1.7 487 3.7 Indicated 11.1 5.5 495 12.1 Inferred 36.2 17.2 474 37.8 Total 50.7 24.4 479 53.6 1) JORC Table 1 included
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