Anson Resources Limited · ASX:ASN
Anson Resources — Future Energy Conference 2021
24 slides from Anson Resources's conference presentation, Oct 21, 2021
Slide 1: Future Energy Conference Presentation
ASX: ASN, ASNOC OTC: ANSNF For personal use only Future Energy Conference Presentation 21 October 2021 Paradox Brine Project - A clean “green “ energy project with strong ESG credentials 1
Slide 2: Disclaimer
DISCLAIMER The information contained in this confidential document ("Presentation") has been prepared by Anson Resources Limited (the "Company"). It has not been fully verified and is subject to material updating, revision and further amendment. The Information many not be distributed to others at a
Slide 3: Corporate Summary
CORPORATE SUMMARY Overview § Proven track record of 13 years in exploration, Board For personal use only Bruce ASX code ASN mining and production in public and private Richardson, companies. Issued capital 994m B.A (Hons) – § >30 years of international business Executive Options on issue: experience
Slide 4: Investment Opportunity – Paradox Brine Project
INVESTMENT OPPORTUNITY – PARADOX BRINE PROJECT For personal use only § Focused on developing the Paradox Brine Project - brine containing Lithium (LCE), Bromine (Br), Iodine (I) & Boron (B) ü Lithium carbonate (Li2CO3) or lithium hydroxide monohydrate (LiOH.H2O), Sodium Bromide (NaBr) & boric acid –
Slide 5: Lithium Rising Exponentially
LITHIUM RISING EXPONENTIALLY For personal use only § Lithium price has grown from US$6,000/ton (Jan 21) to $22,000/ton (Sept 21) § Anson financial estimates based on long term price of US$15,000/ton 5 5 ASX: ASN
Slide 6: Strong Battery Demand into the Next Decade
STRONG BATTERY DEMAND INTO THE NEXT DECADE For personal use only 6 6 ASX: ASN
Slide 7: Paradox Project Development Plan
PARADOX PROJECT DEVELOPMENT PLAN § Lithium Project to be developed in 2 stages For personal use only § Stage 1 - 2,700 tpa lithium carbonate equivalent § DFS to be completed Q1 2022 § Plant commissioning Q2 2024 § Stage 2- expanded lithium carbonate equivalent plant, with size to be set after step o
Slide 8: Stage PEA - 15ktpa NaBr & 2,674t Li2CO3
STAGE 1 PEA - 15KTPA NABR & 2,674MT LI2CO3 20 years For personal use only Unlevered Annual EBITDA CAPEX US$5,280/t NaBr After-tax NPV7 Annual Revenue After-tax IRR US$97m US$203m US$15,000/t US$468m US$129m 31% LCE Resource Category Clastic Zone Brine Contained (‘000t) Tonnes Li2CO3 BR2 NaBr (Mt) In
Slide 9: High Purity – High Performance Lithium Products
HIGH PURITY – HIGH PERFORMANCE LITHIUM PRODUCTS § Anson has produced both lithium carbonate and lithium hydroxide monohydrate For personal use only product, test work in laboratories and battery cells indicate high purity/performance § Anson products tested by leading 3rd party laboratories and by e
Slide 10: Objective: Produce Sustainable Lithium Products
OBJECTIVE: PRODUCE SUSTAINABLE LITHIUM PRODUCTS For personal use only § Adopt new “sustainable” technologies – lithium extraction & processing § Produce a “ESG” product that will gain acceptance in the market – “green lithium” § Minimal disturbance to the physical environment, recreational activitie
Slide 11: Sustainable Processing – Existing Commercial Plants
“SUSTAINABLE” PROCESSING – EXISTING COMMERCIAL PLANTS For personal use only § Technology already commercialised § De-risked - 3 lithium carbonate plants of comparable size in production to final product and sales § Uses Direct Lithium Extraction (DLE) § Lithium only selected by resin (Absorption) -
Slide 12: Unconventional Li Resource Provides Advantage
UNCONVENTIONAL LI RESOURCE PROVIDES ADVANTAGE For personal use only § Located in Utah, USA in the Paradox Basin § Brine to be extracted from 6,500 feet not in a salar or salt lake § Not from and oil and gas horizon, but from a salt clastic level § Brine flows to the surface under its own pressure an
Slide 13: Roberts Rupture Is Not Only the Source of the Brine but a Source of Energy
ROBERTS RUPTURE IS NOT ONLY THE SOURCE OF THE BRINE BUT A SOURCE OF ENERGY! For personal use only 13 ASX: ASN 13
Slide 14: Sustainable Extraction of Brine
“SUSTAINABLE” EXTRACTION OF BRINE For personal use only § Natural over-pressuring (4,500psi) used to bring the brine to the surface without pumping minimising emissions § Technology and engineering applied to maximise flow rate while retaining sufficient pressure to transport brine to processing pla
Slide 15: Sustainable Extraction of Brine
“SUSTAINABLE” EXTRACTION OF BRINE § At surface For personal use only § a well-head and connected to a large diameter pipe that will transport the brine to processing § A solar panel to power a valve should the flow need to be stopped § No pumping, no generators, no fuel storage § Lower capital & ope
Slide 16: Sustainable Transport of Brine
“SUSTAINABLE” TRANSPORT OF BRINE For personal use only § By taking advantage of the high-pressure engineers have been able to reduce the number of extraction wells § Design provides energy to bring brine to surface using its own pressure § Extraction from existing wells would have resulted in new gr
Slide 17: Sustainable Logistics Using Existing Infrastructure
“SUSTAINABLE” LOGISTICS USING EXISTING INFRASTRUCTURE For personal use only § Existing pipeline corridor from wells to production site to be used to transport brine to the processing plant § Existing powerline § Existing roads § No additional surface disturbance § Less capital required 17 ASX: ASN 1
Slide 18: ESG Strategy - Expected Achievements
ESG STRATEGY - EXPECTED ACHIEVEMENTS For personal use only § Leveraging existing infrastructure = less new ground disturbance/visual impact § No power required for extraction or brine transport = less emissions § Less chemicals in DLE process = less logistics/emissions § Produce own water = less imp
Slide 19: Funding and Project Development – Next Steps
FUNDING AND PROJECT DEVELOPMENT – NEXT STEPS • Production wells and aim to increase JORC For personal use only Drilling Resource • Q4 2021 / Q1 2022 Funded by • 14 MW power mains power secured recent US$6 Energy Study • Assess optimal use of solar power and batteries and other options – “green lithi
Slide 20: Funding Plan
FUNDING PLAN For personal use only • Exercise of options Equity • Potential to provide up to A$31.5m of capital Stage 1 CAPEX • Expiry dates timed to $203 mill match plant funding needs Lithium component • In discussion with arrangers $150 mill Debt of debt financing including • Seeking 70% debt fin
Slide 21: Significant Upside – Project Expansion
SIGNGIFICANT UPSIDE – PROJECT EXPANSION § Total combined Federal & State ground 95 For personal use only square kilometers § 1,084 Bureau of Land Management (BLM) federal government unpatented placer claims § 2 State of Utah mineral lease, 3 SITLA sections & 80 acres partial section. § 3 State of Ut
Slide 22: Paradox Brine Project: Exploration
PARADOX BRINE PROJECT: EXPLORATION § Review of historical drilling data confirms a massive, supersaturated brine aquifer in the Mississippian Leadville For personal use only Limestone within the Paradox Project claims at approx. 8,000 ft. Leadville Limestone Porosity Density Brine Li Grade Li Li2CO3
Slide 23: Thank You - Contact Anson
Thank You - Contact Anson For personal use only Telephone: +61 478 491 355 Email: info@ansonresources.com Website: www.ansonresources.com Level 1, 35 Outram Street West Perth WA 6005 Australia 23
Slide 24: Competent Persons' Statements
COMPETENT PERSONS’ STATEMENTS Competent Person’s Statement 1: The information in this presentation that relates to exploration results and geology is based on information compiled and/or reviewed by Mr Greg Knox, a member in good standing of the Australasian Institute of Mining and Metallurgy. Mr Kn