Paladin Energy Ltd · ASX:PDN
Paladin Energy — Shareholder Meeting (November 2019)
10 slides from Paladin Energy's shareholder meeting presentation, Nov 19, 2019
Slide 1: Paladin Energy Ltd AGM Presentation
PALADIN ENERGY LTD AGM PRESENTATION Tuesday 19 November 2019 ASX: PDN
Slide 2: Disclaimer and Notes
DISCLAIMER AND NOTES This presentation contains summary information about the Company’s activities current as at the date of this presentation. The information in this presentation is of a general background nature and does not purport to be complete or contain all the information investors would re
Slide 3: Corporate Snapshot
CORPORATE SNAPSHOT MARKET SNAPSHOT ASX: PDN Shares on issue 2.027B Share price A$ (as at 18 November 2019) 0.09 Market capitalisation A$ 178.5M Market capitalisation US$1 (A$178.5M1) 121.3M Unrestricted Cash US$2 40.6M Debt US$3 135.4M Enterprise value US$ 216.1M SUBSTANTIAL SHAREHOLDERS4 Paradice,
Slide 4: We Are Delivering on Our Strategy
WE ARE DELIVERING ON OUR STRATEGY Focused on repositioning Langer Heinrich to be a low cost, early producer in an improving uranium market Developed opportunities to monetise non-core assets ▪ Kayelekera sale signed with Lotus Resources Limited Conserved cash by minimising remaining asset holding co
Slide 5: Langer Heinrich: Rapid Production Restart on Uranium Price Recovery
LANGER HEINRICH RAPID PRODUCTION RESTART ON URANIUM PRICE RECOVERY DESCRIPTION STATUS TIMING PURPOSE ▪ Low capital requirements for 5Mlb pa Completed February production capacity Concept Study 2019 ▪ Generated multiple improvement options ▪ Detailed restart plan (commissioning 12 months from funding
Slide 6: Kayelekera Mine Sale Announced
KAYELEKERA MINE SALE ANNOUNCED ▪ Significantly improves Paladin’s balance sheet and forward cash position ▪ Paladin (Africa) Ltd (PAL) signed an Agreement with Lotus Resources Ltd (formerly Hylea Metals Limited) in June 2019. PAL holds an 85% interest in Kayelekera Mine and associated leases Paladin
Slide 7: Paladin Provides a Unique Investment Opportunity
PALADIN PROVIDES A UNIQUE INVESTMENT OPPORTUNITY Langer Heinrich’s path to production is well understood and targeting 6.5Mlb pa capacity ▪ Prefeasibility Study has confirmed the lead time to bring Langer back into production is 12 months from a restart decision, compared to >3 years for new project
Slide 8: Lifecycle of a Mineral Discovery – Lassonde Curve
LIFECYCLE OF A MINERAL DISCOVERY – LASSONDE CURVE Paladin Paladin NOW Producer from 2007 - 2018 C&M PALADIN ENERGY LTD 8 8
Slide 9: Paladin Is Now in a Very Strong Market Position
PALADIN IS NOW IN A VERY STRONG MARKET POSITION Strong balance sheet allows us to withstand sustained low uranium prices ▪ US$40M unrestricted cash as of 30 Sept 2019 ▪ Proceeds from a successful Kayelekera sale to further strengthen Paladin’s balance sheet ▪ Fully licensed and ready for rapid resta
Slide 10: Contact Us
CONTACT US HEAD OFFICE INVESTOR RELATIONS Level 4, 502 Hay Street Scott Sullivan Subiaco Western Australia 6008 Chief Executive Officer T: +61 (0) 8 9381 4366 E: paladin@paladinenergy.com.au www.paladinenergy.com.au