Bci Minerals Ltd · ASX:BCI
Bci Minerals — BC Iron — Global Iron Ore & Steel Forecast Conference 2017
19 slides from Bci Minerals's conference presentation, Mar 29, 2017
Slide 1: Committed to Iron Ore and Growing a Broader Minerals Portfolio
For personal use only Committed to Iron Ore and Growing a Broader Minerals Portfolio Global Iron Ore & Steel Forecast Conference Alwyn Vorster – Managing Director March 2017 1
Slide 2: Important Notices
Important Notices For personal use only This presentation has been prepared by BC Iron Limited ABN 21 120 646 924 (“BC Iron”). This document contains background information about BC Iron current at the date of this presentation. The presentation is in summary form, has not been independently verifie
Slide 3: Highlights
Highlights For personal use only Strong existing iron ore business with complementary assets Stable low-risk earnings from Iron Valley Development upside at Buckland Clear strategy to diversify and add exposure to other commodities Solid platform to execute iron ore and diversification str
Slide 4: Corporate and Financial Overview
Corporate and Financial Overview Capital Structure (28-Mar-17, unless stated) Earnings History For personal use only Ordinary Shares 392.5m 10 5 Share Price $0.185 Earnings ($M) - Market Capitalisation $72.6m (5) Cash (31-Dec-16) $32.3m (10) Deferred Royalties (31-Dec-16) $3.9m (15) Enterprise Value
Slide 5: Committed to Iron Ore
For personal use only Committed to Iron Ore Iron Valley Buckland Current Earnings Growth 5
Slide 6: Iron Ore Market
Iron Ore Market For personal use only Iron ore price outperformed Iron Ore Price (US$/dmt CFR 62% Fe) expectations in 2016 and 2017 YTD 100 90 Recent price rally strong and 80 sustained at >US$80/dmt 70 Demand and prices supported by 60 ongoing Chinese infrastructure 50 investment 40 Price v
Slide 7: Location of Key Iron Ore Projects
Location of Key Iron Ore Projects For personal use only 7
Slide 8: Iron Valley Mine
Iron Valley Mine Royalty-type agreement with Mineral Iron Valley mine For personal use only Resources Limited (MIN) providing low-risk cash flows for BCI MIN has consistently outperformed production forecasts Simple DSO operation and ~50% lump production with a price premium Potential mine l
Slide 9: Buckland Project
Buckland Project Development project located in the West Pilbara For personal use only Bungaroo South deposit Mine at Bungaroo South with Ore Reserves of 134Mt 1 Private haul road linking the mine with a 20 Mtpa transhipment port at Cape Preston East All primary permits and approvals secured
Slide 10: Other Iron Ore Royalties
Other Iron Ore Royalties BCI has a portfolio of iron ore royalties established through the sale of non-core assets For personal use only Project Owner Royalty Status Nullagine Up to 2% FOB revenue On care & maintenance Can be restarted rapidly should Fortescue elect to Koodaideri 2% FOB reve
Slide 11: Asset Portfolio Targets
Asset Portfolio Targets Diversifying the asset portfolio to broaden commodity exposure For personal use only Iron Ore Agricultural & Industrial Gold / Base Metals Key Asian infrastructure Global food consumption, Political/economic factors Drivers investment population growth and reduction in
Slide 12: Developing Agricultural & Industrial Portfolio
For personal use only Developing Agricultural & Industrial Portfolio Carnegie Mardie Sulphate of Potash Salt 12
Slide 13: Carnegie Potash
Carnegie Potash For personal use only BCI’s objective is to become a significant player in the emerging Australian sulphate of potash (SOP) industry SOP is a high quality potassium-containing fertiliser, with attractive long term demand fundamentals linked to an increasing global population and
Slide 14: Australian SOP Peers
Australian SOP Peers The Carnegie Potash Project can contribute significant value to BCI within 12 months as it For personal use only progresses through the development phases 100 90 80 Market Capitalisation ($M) Agrimin 70 Salt Lake Potash 60 Reward Minerals 50 Kalium Lakes 40 30 Australian Potash
Slide 15: Mardie Salt
Mardie Salt Located on the Pilbara coast near For personal use only BCI’s proposed Cape Preston Karratha East port Cape Preston East Site geometry allows natural inflow of seawater Excellent climate conditions for a solar salt evaporation operation North West Near existing infrastructure Coa
Slide 16: Building a Diversified Portfolio
Building a Diversified Portfolio BCI is targeting an asset portfolio covering multiple commodities For personal use only and development phases to provide steady growth and Agricultural & diversification of earnings Industrial Minerals Potential Acquisitions Carnegie Potash JV Gold & Base Metals Pot
Slide 17: Summary
Summary For personal use only Strong cash position and solid Iron Valley earnings underpin growth strategy Committed to current attractive iron ore portfolio, but also diversifying to mitigate commodity risk 2017 priorities: Confirm Buckland business case to allow construction; Progress st
Slide 18: Board and Management
Board and Management Brian O’Donnell Jennifer Bloom Simon Hodge For personal use only Non-Executive Chairman Non-Executive Director Chief Financial Officer Director, Finance and Extensive business 25 yrs’ experience in various Investments for Australian background with experience corporate rol
Slide 19: For personal use only
For personal use only Iron Valley Bungaroo South (Buckland) Level 1, 15 Rheola Street Cape Preston East (Buckland) West Perth, WA, Australia Phone : +61 8 6311 3400 Email : info@bciron.com.au Web : www.bciron.com.au 19
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