Flagship Minerals Limited · ASX:FLG
Flagship Minerals — Investor Presentation (July 2022)
37 slides from Flagship Minerals's investor presentation, Jul 4, 2022
Slide 1: Pan Asia Corporate Presentation - Exploring a Better Future
PAN ASIA CORPORATE PRESENTATION 04 July 2022 Exploring a Better Future ®
Slide 2: Mining with principles
“Mining with principles is the promise we make to our stakeholders that in the process of mining we will do everything possible to maximise the benefit to society of the operations of mining and the products that are so essential to the lives we lead, and we will minimize the possibility of harm to
Slide 3: Company Purpose: WHY we exist
COMPANY PURPOSE WHY we exist We are here to be part of the new energy and technology revolution. Pan Asia Metals enters the revolution with conviction, integrity and determination, always retaining sustainability as a core goal, aiming to achieve a Zero Carbon Footprint. Because we believe that this
Slide 4: Company Purpose: HOW we matter
COMPANY PURPOSE HOW we matter We are exploring for the metals that make a difference in the world. Pan Asia Metals explores for the battery critical metals that will power the new energy future. Any impact we’ll have will always be offset by the goods we’ll help to produce, activities that will help
Slide 5: Company Purpose: WHAT we do
COMPANY PURPOSE WHAT we do We have 3 highly prospective exploration projects in the Southeast Asian Tin-Tungsten Belt. Pan Asia Metals is currently exploring future opportunities for battery and critical metals. THAILAND We are positioned to add value to what we mine: Bangkok • we aim to be producin
Slide 6: The world is changing. And mining is changing with it.
PROBLEM The world is changing. And mining is changing with it. Technology is moving at a breakneck pace to keep up with new Mining is essential to achieving a new energy future, but there is demands of a sustainable world, and humanity urgently needs a real need to ensure no errors of judgement are
Slide 7: A view to success. An eye for empowerment.
SOLUTION A view to success. An eye for empowerment. Pan Asia Metals have successfully navigated Thailand’s stringent In addition to minimising our footprint on the land, Pan Asia Metals exploration approval processes, engaging all the necessary sponsors local education through an initiative we’ve la
Slide 8: Why Now
WHY NOW The Southeast Asian Tin-Tungsten Belt is underexplored. Geo-strategic advantages. • Positioned for lower capex and opex operating outcomes The region offers a rich selection of low-cost project opportunities, = lower production costs with huge value-added potential. • Situated in the advance
Slide 9: Our Lead Project: The Reung Kiet Lithium Project
OUR LEAD PROJECT The Reung Kiet Lithium Project (Pan Asia Metals 100%) Other Manufacturing Option 3 ( ) Bangkok Provinces 2 Li Chemical to EEC 256 Very low volume m Bang I Tum Prospect L 1/ 85k Road (180Km) Rail (750Km) Drilling to recommence JSP Eastern Economic Rajjaprabha Corridor Hydro Power Sta
Slide 10: Mineral Resource infill and extensional drilling underway
OUR LEAD PROJECT Mineral Resource infill and extensional drilling underway PAM is the only lithium explorer in SE Asia with advanced lithium projects: • PAM's projects are aligned with Thai Govt. EV and LIB manufacturing policies • PAM has federal, provincial and local Govt. and community support •
Slide 11: Project and exploration highlights
OUR LEAD PROJECT Project and exploration highlights Extensive open pit tin mining in project area up to the 1980’s – RKDD030 – 20.7m @ 0.69% Li2O from 46.2m Lepidolite rich pegmatites identified in late 1960’s – RKDD036 – 17.75m @ 0.53% Li2O from 97.95m incl. 8.7m @ 0.60% Li2O from 103.4m and 5.1m @
Slide 12: Reung Kiet Lithium Project - Reung Kiet Prospect
OUR LEAD PROJECT Reung Kiet Lithium Project - Reung Kiet Prospect PAN ASIA Exploring a Better Future 12
Slide 13: What Next: Our near term plans
WHAT NEXT Our near term plans. We are moving rapidly to a Scoping Study, and then on to Feasibility RKLP Mineral Res. Complete RK Finalise Ore Sorting RKLP 10.4Mt @ 0.44% Li2O Exploration Drilling Preliminary and other Feasibility Drill holes Reung Kiet Prospect Metallurgical Test Work Work RKDD001
Slide 14: Focus on low-cost projects with strong value-add potential
BUSINESS MODEL Pan Asia Metal’s focus is to secure low-cost projects with strong value-add potential. Value adding provides more opportunity for enterprise expansion and profit growth. • With the right geography, and the right Capex and Opex dynamics, an exploration company can position to extend do
Slide 15: What does Value Adding mean?
BUSINESS MODEL What does Value Adding mean? Value adding positions the value adder for higher revenues and greater customer diversity7 200,000t 10,000t SC6 Li2O Con 95.5% Li2CO3 25x vs @ $2,000/t = @ $40,000/t = 20x $400M pa $400M pa 15x Revenues Revenues Li2CO3 / SC6 Ratio (12 Months) Period Averag
Slide 16: Chemical Processing Options
CHEMICAL PROCESSING OPTIONS Li Chemical process route investigations are underway. In selecting a process route PAM is seeking a balance between the carbon footprint, toxicity of reagents, waste and by-products, risk and capital, whilst ensuring we produce battery grade lithium chemicals. 3 Chemical
Slide 17: The Cost Curve - Lepidolite in Context
THE COST CURVE - LEPIDOLITE IN CONTEXT Lepidolite as a source of lithium chemicals is not new and has distinct cost advantages4. PAM seeks opportunities which present options for low production cost, near to zero waste streams, and low to zero carbon emissions Lepidolite is a source of lithium with
Slide 18: Market Potential: Global EV Growth
MARKET POTENTIAL Global EV Growth - The race is on and the writing is on the wall3. Automakers are accelerating their electrification plans, they have been fleshing out their EV business strategies to try and capture market share by maintaining a competitive edge Manufacturer 2021 Sales 2030 BEV % E
Slide 19: Competitive Advantages: Low cost and cost stable environment
COMPETITIVE ADVANTAGES PAM is in a low cost and cost stable environment5 Thailand is a low cost environment: Underground Hardrock ‘Mining Costs’ (2016, US$/t, Aus. Mines) 245 • The adjacent chart measures Australian underground mining costs on a A$ per tonne mined basis (blue diamonds) 210 Unit Cost
Slide 20: Projects proximal to Thailand's and Asia's EV and LIB hubs
COMPETITIVE ADVANTAGES PAM's projects are proximal to Thailand's and Asia's EV and LIB manufacturing hubs6. Ayutthaya Prachinburi Thailand's EV policies deliver incentives to • HONDA • HONDA the EV supply chain and EV consumers Bangkok Chachoengsao (EEC) • SUBARU • TOYOTA Thailand has a deep Thai Au
Slide 21: Pan Asia Metals has distinct advantages over the competition
COMPETITIVE ADVANTAGES Pan Asia Metals has 3 distinct advantages over the competition: • We’re in close proximity to our inputs and markets, reducing costs and carbon footprint. • We’re located in a low cost environment and Thailand is an advanced industrial economy. • We’re positioning to move beyo
Slide 22: Meet the Explorers: Board & Management
MEET THE EXPLORERS Introducing the people who understand Southeast Asia: the Board & Management at Pan Asia Metals. Why us? Paul Lock - Chairman & Managing Director • Paul has been focused on mineral resources in Southeast Asia • Decades of experience, including across the Southeast Asia since 2013
Slide 23: Meet the Explorers: Board & Management
MEET THE EXPLORERS Introducing the people who understand Southeast Asia: the Board & Management at Pan Asia Metals. David Docherty - Non-Executive Director Supriya Sen - Non-Executive Director • David’s involvement in the resource sector began in London, 1965 • Supriya is a Senior Advisor at a leadi
Slide 24: ESG Framework
ESG FRAMEWORK Sustainability Strategy. We'll adopt a primary focus on 3 SDGs: Pan Asia is ahead of its direct peer group with its Sustainability Strategy, and our aim is to embed this mindset early, maturing as our projects mature. Our ESG framework is modelled on the 21 core metrics outlined by the
Slide 25: Why Invest?
WHY INVEST? Pan Asia Metals is the only lithium Asia provides us with numerous explorer in Southeast Asia. geo-strategic advantages. • We have 2 lithium projects -- the Reung Kiet Lithium Project and • We are strategically positioned near the advanced industrial the Kata Thong Geothermal Li and Hard
Slide 26: Corporate Snapshot
CORPORATE SNAPSHOT Capital Structurei Key Shareholders Market Cap (04 July 2022) $62.4M @ 42.5c/share Paul Lock 42.1M 28.7% Cash (31 Mar 2022) $ 6.0M Thai Goldfields NLii 20.2M 13.8% Shares on issue 146,855,590 Holicarl Pty. Ltd. 7.0M 4.8% Options / Warrants Nil Citicorp Nominees 6.5M 4.5% Notes Nil
Slide 27: Portfolio Project - Kata Thong Lithium
PORTFOLIO PROJECT - KATA THONG LITHIUM Kata Thong Geothermal Li & Hard Rock Li/Sn Project (Pan Asia Metals 100%) DSPLA 5 Kata Thong North Prospect Project points: Rajjaprabha • Kata Thong positions PAM as a Hydro Power potential geothermal lithium producer Station 240 MW and provides PAM with the po
Slide 28: Kata Thong Geothermal Li & Hard Rock Li/Sn
PORTFOLIO PROJECT - KATA THONG LITHIUM Kata Thong Geothermal Li & Hard Rock Li/Sn Project (Pan Asia Metals 100%) Project highlights: • Kata Thong positions PAM: i. As a potential geothermal lithium producer • Kata Thong consists of: ii. With the potential to expand its hard rock lepidolite style lit
Slide 29: Portfolio Project - Khao Soon Tungsten
PORTFOLIO PROJECT - KHAO SOON TUNGSTEN Khao Soon Tungsten Project (Pan Asia Metals 100%) Project points: • Historic Khao Soon Tungsten Mine nd d Tre en O 3 estimated average grades of Tr mW 1.7k 3 2-4% WO3 O W T1 North km Rabbit Prospect d 5 • Over 10 individual prospects, n 5. Prospect Tre combined
Slide 30: Khao Soon Tungsten Project - Than Pho West Prospect
PORTFOLIO PROJECT - KHAO SOON TUNGSTEN Khao Soon Tungsten Project - Than Pho West Prospect Khao Soon Tungsten Project - Than Pho West Prospect 3 03 A DD KS KS DD0 01 03 2 2 DD 0 KS DD0 23.4m @ 0.58% inc. 13.4m at 0.75% KS 3 00 DD KS 40 51.2m @ 0.50% A .6 inc. 12.8m at 1.07% m 59.4m @ 0.43% inc. 22.1
Slide 31: Khao Soon Tungsten Project highlights
PORTFOLIO PROJECT - KHAO SOON TUNGSTEN Khao Soon Tungsten Project (Pan Asia Metals 100%) Project highlights: • Best intersections include: i. KSDD001 – 51.5m @ 0.50% WO3 from 0m, incl. 12.8m @ 1.07 WO3 • Khao Soon mine production to 1979: from 14.8m i. Historic production grades est. at 2-4% WO3 ii.
Slide 32: We invite you to Explore A Better Future with us
We invite you to Explore A Better Future with us. ® exploreabetterfuture.com PAN ASIA Exploring a Better Future 32
Slide 33: Important Information
IMPORTANT INFORMATION PAN ASIA Exploring a Better Future 33
Slide 34: Important Information - Disclaimer
IMPORTANT INFORMATION Disclaimer Competent Persons Statement for Reung Kiet Lithium Project MRE This presentation has been prepared by Pan Asia Metals Limited, a Singapore based company with Reg. The information in this report that relates to Mineral Resources is based on information compiled by Ms
Slide 35: Notes and References
IMPORTANT INFORMATION Notes and References Data is generally sourced from professional and company reports and presentations, and PAM Companies Operating Overseas (Asia and Oceania)" sourced from https://www.jetro.go.jp/ research. Any peer group comparisons comprise primarily listed companies althou
Slide 36: Relevant ASX Releases
IMPORTANT INFORMATION Relevant ASX Releases Readers are advised to refer to the following ASX releases for 03 Dec 2021: Drilling Update - Reung Kiet Lithium Project details on other technical data reported in this presentation: 07 Dec 2021: Drilling Update - Reung Kiet Lithium Project KHAO SOON TUNG
Slide 37: Pan Asia
PAN ASIA Copyright 2022 Pan Asia Metals Limited. All Rights Reserved.
Flagship Minerals — Investor Presentation (July 2022) on 6ix