Cokal Limited · ASX:CKA
Cokal — Shareholder Meeting (November 2023)
19 slides from Cokal's shareholder meeting presentation, Nov 8, 2023
Slide 1: High Quality Metallurgical Coal Producer – Annual General Meeting
For personal use only HIGH QUALITY METALLURGICAL COAL PRODUCER ANNUAL GENERAL MEETING | November 2023
Slide 2: Important Information and Disclaimer
Important Information and Disclaimer This presentation has been prepared by Cokal Limited (the Company or CKA). The information contained in this presentation is a professional opinion only and is given in good faith. The material in this presentation (“material”) is not and does not constitute an o
Slide 3: Cokal is ramping-up production of high-quality metallurgical coal from its BBM mine
Cokal is ramping-up production of high-quality metallurgical coal from its BBM mine INVESTMENT HIGHLIGHTS ASX CODE SHARE PRICE Production has commenced at Cokal’s BBM Coal Mine, with near- term coal sales to generate cash flow CKA A$0.11a For personal use only ▪ Production currently ramping-up to in
Slide 4: Projects Located in Major Emerging Coking Coal Basin
Projects Located in Major Emerging Coking Coal Basin PROJECT SUMMARY PROJECT LOCATIONS ▪ Four prospective exploration & development coking coal Indomet Coal (Adaro) projects, in Central Kalimantan, Indonesia World-class development asset | Prod. 25Mtpa HCC | Opex - Globally significant coal basin, h
Slide 5: BBM is a high-quality producer of premium coking coal products
BBM is a high-quality producer of premium coking coal products BBM ACTUAL & TARGETED FORECAST PRODUCTION a Location Puruk Cahu Regency of Central Kalimantan, Indonesia Production (Kt) Overburden (mil. bcm) Production a 60.0 1.6 Saleable production of 0.5Mt in CY2024 | Ramping-up to 2.0Mtpa For perso
Slide 6: High-quality coal products to receive strong seaborne market demand
High-quality coal products to receive strong seaborne market demand COAL QUALITY ANALYSIS BBM COKING COAL SPECIFICATIONS ▪ BBM coking and PCI coal products have attractive attributes Fixed Total Calorific Relative - Low ash, low volatiles, low sulphur, high vitrinite and ultra-low phosphorus Yield M
Slide 7: Efficient and multi-faceted infrastructure solution
Efficient and multi-faceted infrastructure solution BBM LOGISTICS CHAIN BBM COAL EXPORT INFRASTRUCTURE SOLUTION 1 Full infrastructure solution in place. Cokal will access the lucrative coking coal Trucking seaborne export market through a logistics chain of: Haul road from 1.1 Trucking from the BBM
Slide 8: BBM – Key Milestones Achieved in 2022/2023
BBM – Key Milestones Achieved in 2022/2023 KEY MILESTONES BBM Production Successfully Commenced ▪ BBM commenced production after successful initial development. ▪ New coal mining contractor appointment to ramp up production. For personal use only ▪ Additional mine support infrastructure development
Slide 9: BBM - Mining & Production Performance
BBM - Mining & Production Performance KEY MILESTONES BBM Production Plan ▪ Forecast saleable production from BBM in CY2024 of 0.5Mt of metallurgical coal, at a strip ratio of 25 BCM : prod. t. For personal use only ▪ Life of mine production plan ramps up to 2.0 Mtpa from year 4 ▪ The in-pit ROM coal
Slide 10: BBM – Photos of Stockpiles in Batu Tuhup Jetty
BBM – Photos of Stockpiles in Batu Tuhup Jetty For personal use only Photo taken on 6 November 2023 10
Slide 11: Investment in Transport Infrastructure
Investment in Transport Infrastructure Ownership of transport infrastructure has material strategic & operational advantages, and financial rewards Cokal has established PT Barito Samudera Nusantara and is investing in barges and tugboats for transportation of coal from the Krajan Jetty to the Batu
Slide 12: BBM – Pit to Port – Coal Transport Progress Update
BBM – Pit to Port – Coal Transport Progress Update INFRASTRUCTURE DEVELOPMENT Mohing Haul Road ▪ 98km coal haul road from BBM Pit 3 to the Batu Tuhup For personal use only Jetty. ▪ Former logging road, licensed for BBM coal hauling operations. ▪ Exclusive usage rights from Km 52 to BBM Pit 3. ▪ Init
Slide 13: Batu Tuhup Permanent Jetty
Batu Tuhup Permanent Jetty BATU TUHUP PERMANENT JETTY - LOCATION ▪ BBM has purchased a 38 hectare site on the Barito River at Batu Tuhup for development of its permanent jetty named Batu Tuhup Jetty (BTJ) - Expected to be available for usage an average 280 For personal use only days/year based on us
Slide 14: Batu Tuhup Permanent Jetty – Construction Progress
Batu Tuhup Permanent Jetty – Construction Progress INFRASTRUCTURE DEVELOPMENT ▪ Jetty development works has achieved an overall 65% progress. ▪ Jetty Operations Permit for BBM Coal has been granted. For personal use only ▪ Piling work, foundations, rebar, and formwork on site have been completed by
Slide 15: BBM - Infill Drilling Programme
BBM - Infill Drilling Programme INFRASTRUCTURE DEVELOPMENT BBM Infill Drilling Update ▪ Infill drilling has progressed at BBM, targeting the For personal use only conversion of BBM’s significant resource base into additional reserves, translating to potential mine-life extensions and/or increased pr
Slide 16: TBAR – Drilling to commence on highly prospective project
TBAR – Drilling to commence on highly prospective project, with potential for extensive coal resources PROJECT LOCATION Project Overview ▪ Located in Central Kalimantan, Indonesia; adjacent to BBM - Cokal holds a 75% interest and is the project manager For personal use only - Large 18,850 ha. projec
Slide 17: Board & Key Management Profiles
Board & Key Management Profiles Cokal has a wealth of expertise and experience in its leadership team For personal use only Domenic Martino Allen Delbridge Karan Bangur Eddie Chin Pak Sukardi Non-Executive Chairman Non-Executive Director Director and CEO President Commissioner of President Director
Slide 18: Strategic Plan for 2023
Strategic Plan for 2023 Key Targets - 2023 ▪ Ramp-up metallurgical coal production at BBM, targeting 0.5Mt in 2024, 1.5Mt in 2025, and 2.0Mt in 2026 For personal use only ▪ Complete the drilling programme at the TBAR asset and declare an initial JORC Resource - Targeting commencement of mining in 20
Slide 19: Cokal Ltd contact details
Cokal Ltd Jakarta: The Bellezza Office Tower For personal use only 21 Floor, Unit 3 & 5 Arteri Permata Hijau Jalan Mayjen Soepeno Kav 34 Permata Hijau, Kebayoran Lama Jakarta Selatan 10210 Indonesia Karan Bangur (kb@cokal.com.au) Sydney: Level 5, 56 Pitt Street Sydney NSW 2000 Australia Domenic Mart