Minbos Resources Limited · ASX:MNB

Minbos Resources — Investor Presentation (February 2017)

21 slides from Minbos Resources's investor presentation, February 2017

  1. Slide 1: 121 Mining Investment Presentation February 2017

    121 MINING INVESTMENT Presentation February 2017

  2. Slide 2: Key Points

    Key Points Merger • Merger with Joint Venture Partner creates Congo Releases Basin phosphate company with near term cashflow Value and long term project pipeline. Low Cost • BFS for Cacata deposit underway. Free digging, low Start-up strip ratio, simple beneficiation, located 0.5km from a bitumen hi

  3. Slide 3: Capital Structure

    Capital Structure Millions Current Shares on Issue 2,458 Current Performance Rights 60 Cash at 31 December 2016 A$4.3M Current Diluted Market Cap (0.7cps) A$18M Merger Shares 2,073 Merger Options exercisable upon at 1c (A$3.85M) 385 Performance Rights pursuant to merger 416 Incentive Shares 300 FULL

  4. Slide 4: Waterfront Project Locations

    Waterfront Project Locations Cabinda Province  BFS for 800,000tpa Cacata Project underway  High grade, low impurities, easy beneficiation  60km sealed road access  Major airport at Cabinda  New port under construction at Porto de Caio  Global Resource 391.3Mt at 9.2% P2O5 Zaire Province ( Petr

  5. Slide 5: Current Asset Ownership

    Current Asset Ownership Petril Projects 50% 50% Cabinda Licences ~70% Lucunga Licences Pedra de Feitico 100% Licences

  6. Slide 6: Merged Assets

    Merged Assets Petril Projects Shareholders ~50% 100% Cabinda Licences ~70% Lucunga Licences 100% Pedra de Feitico Licences

  7. Slide 7: Cacata Long Section – Shallow Ore, High Grade

    Cacata Long Section – Shallow Ore, High Grade

  8. Slide 8: Pilot Plant Bulk Samples

    Pilot Plant Bulk Samples Target ~26% P205 Target ~32% P205

  9. Slide 9: Bulk Sample Test Work

    Bulk Sample Test Work BULK SAMPLES WET ROUTE DRY ROUTE 18 tonnes representing Wet Scrubber Roll crusher ~6Mt of dry DSO and Screen -2.5mm to 150um Drying to <3% moisture ~10Mt of Scrub+Screen ore Drying to <3% moisture Air classification -100um

  10. Slide 10: Results Exceed Expectations

    Results Exceed Expectations PARAMETERS 2012 STUDY1 DRY2 WET3 Feed Grade %P2O5 27% 30.5% 29.5% Mass Recovery 77% 81-88% 80% P2O5 Recovery 85% 86-91% 92% Product Grade % 30% 33-34% 31-32% 1. ASX Release 6 June 2012 “Cacata Project – Scoping Study Produces Positive Results.” The scoping study test work

  11. Slide 11: M&I Grade Tonnage Options

    M&I Grade Tonnage Options Preliminary Optimisation suggests: • Wet beneficiation will be suited to 9-11Mt of the M&I resources at a cut-off of 26% P2O5 • Dry beneficiation will be suited to 6-8Mt of the M&I resources at a cut off around >28% P2O5 WET DRY Mine engineering studies will optimise the va

  12. Slide 12: Cacata Capex Savings

    Cacata Capex Savings  Bulk sampling confirmed free digging material will not require ripping.  No filter press for product dewatering  Transport distance to Porto de Caio is 38km less than 2012 option  Dry Beneficiation will not require process water supply and tailings disposal The decision bet

  13. Slide 13: Deepwater Port

    Deepwater Port Porto de Caio Cabinda  Located in Cabinda 60km by road from Cacata  12.5m depth ideally suited to phosphate vessel size. Letter of Intent  800tpa port capacity  Construction commenced  Stage 1 completion scheduled for end 2017

  14. Slide 14: BFS Contractors

    BFS Contractors prime • EISA • BFS Lead resources • Geology & • Equipment Mining • Process Test • Equipment work • Geotech & • Market study Hydrology

  15. Slide 15: News and Activities

    News and Activities  Appointment of BFS Contractors   EISA, Hydrology and Port components of BFS commenced   Caio Porto construction commenced   Bulk sample test work completed   Market Study to Completed   Trade-off Study Completed Feb 2017  Notice of meeting for Merger Mar 2017  Budge

  16. Slide 16: Board and Management

    Board and Management Partner at Steinepreis Paganin since July 2005. A Mining Engineer with 30 years experience in Wide ranging experience in all forms of commercial and exploration, development, operations and corporate Peter Wall corporate law, with a particular focus on resources finance. Lindsay

  17. Slide 17: Angola – A Resource Economy

    Angola – A Resource Economy  Angola is the Africa’s third largest producer of both oil and diamonds and became the largest supplier of oil to China in July 2016 overtaking Russia and Saudi Arabia.  The 5.2Mtpa Angola LNG plant recommenced production in June 2016 after commissioning difficulties. 

  18. Slide 18: Disclaimer

    Disclaimer DISCLAIMER The Company has prepared this document based on information available to it at the time of preparation, from sources believed to be reliable and subject to the qualifications in this document. To the maximum extent permitted by law, the Company and it of affiliates, related bod

  19. Slide 19: Disclaimer – Competent Person

    Disclaimer Competent Person The information in this presentation that relates to the Exploration Results and Phosphate Resources, Production Targets and Cost Estimation was extracted from Minbos’s ASX announcement dated 6 June 2012, 16 October 2013, 5 December 2013 and 5th December 2016, respectivel

  20. Slide 20: Disclaimer

    Disclaimer Minbos confirms that: a) it is not aware of any new information or data that materially affects the information included in the original ASX announcements; 30 June 2016 Annual Report and 31 December 2015 Half Year Report b) all material assumptions and technical parameters underpinning th

  21. Slide 21: Contact Details

    Contact Details Australia: 245 Churchill Avenue Subiaco WA 6008 Australia Phone: +61 8 6270 4610 Email: info@minbos.com Website: www.minbos.com

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