Coda Minerals Ltd · ASX:COD
Coda Minerals — Investor Presentation (September 2024)
25 slides from Coda Minerals's investor presentation, Sep 24, 2024
Slide 1: Coda Minerals Investor Presentation: Entitlements Issue
For personal use only ASX: COD Coda Minerals Investor Presentation Entitlements Issue | September 2024
Slide 2: Read in conjunction with the Prospectus
For personal use only This presentation is general in nature and must be read in conjunction with the Prospectus released to ASX on 23 September 2024. The Prospectus can be accessed at the following link: https://www.codaminerals.com/download/prospectus-entitlement-offer/ A 3D interactive version of
Slide 3: Important Notices
Important Notices Nature of this document: The purpose of this presentation is to provide general information about Coda Minerals Limited (ACN 625 763 957) (the ‘Company’). Unless otherwise stated herein, the information in this presentation is based on the Company’s own information and estimates as
Slide 4: Elizabeth Creek Major Cu-Co Resource
ASX: COD OLYMPIC DAM - BHP 114KM NN ROXBY DOWNS OAK DAM WEST - BHP For personal use only 16KM NE WOOMERA CARRAPATEENA - BHP CODA MINERALS 40KM EAST ELIZABETH CREEK Major Cu-Co Total Area: 701 km 2 Resource in an exceptional jurisdiction N PORT AUGUSTA SOUTH AUSTRALIA with massive upside 0 25 km 50 E
Slide 5: The right asset, the right team, at the right time for copper
ASX: COD CODA MINERALS The right asset, the right team, at the right time for copper For personal use only South Australia – Tier 1, low risk jurisdiction with simplified approvals LOCATION under SA Scoping Process and standout ESG credentials 29 Cu Copper EXPOSURE TO COPPER Over 1Mt Copper Equivale
Slide 6: Corporate Snapshot
ASX: COD CORPORATE SNAPSHOT BOARD OF DIRECTORS Cash at 30 June 2024 $3.4M Shares on issue 175,292,556 Keith Jones Paul Hallam Performance rights 7,530,664 NON-EXECUTIVE CHAIR NON-EXECUTIVE DIRECTOR For personal use only CODAK Options (Ex 7 -Nov 2025, $0.36) 3,747,002 CODAN Options (Ex 28 -Mar 2029 $
Slide 7: Entitlements Issue Framework
ASX: ASX: COD COD ENTITLEMENTS ISSUE FRAMEWORK • Coda is undertaking a non-renounceable entitlements issue offer on the basis of one (1) for every six (6) shares at the issue price of 7c per New Share to raise approximately $2.05m. For personal use only • Funds will primarily be applied to optimisat
Slide 8: Non-Renounceable Entitlements Issue, Timetable & Use of Funds
NON-RENOUNCEABLE ENTITLEMENTS ISSUE, TIMETABLE & USE OF FUNDS Key Terms Details Indicative Offer Timetable* Date (and time if relevant) For personal use only Record Date Thursday, 26 September 2024 Funds $2.05m Opening Date Tuesday, 1 October 2024 Issue Price 7 cents per share Closing Date Tuesday,
Slide 9: Scoping Study
ASX: COD SCOPING STUDY CAPEX • Phased approach to processing will see concentrate NET REVENUE NET CASHFLOW sales from MG14, followed by high value-add For personal use only (A$M) PRE-TAX hydromet processing (A$M) • Early cashflow and staged approach limits Pre- Production CAPEX & Total Financing Req
Slide 10: Coda's Copper Portfolio and JORC Resource Summary
Possible Borefield Location Emmie Bluff ASX: COD CODA’S COPPER PORTFOLIO Production Target: 31.81Mt @ 1.19% Cu, 0.06% Co (1.81% CuEq) Emmie Deeps JORC RESOURCE SUMMARY Discovery Hole: > 1 Million tonnes contained CuEq EB18, aggregate 35m @ >1% Cu from 797m 1 For personal use only Resource Confidence
Slide 11: Emmie East Advanced Target Generation
EMMIE EAST Advanced Target Generation • Extensive geophysical and historical drilling provides For personal use only EL 6316 (65% BHP, 35% Red Ti ger Resources) compelling evidence for growth proximal to Emmie Bluff EL 6518 (100% Coda Minerals) Resource. • Comprehensive survey by Mira Geoscience ide
Slide 12: Emmie Deeps – IOCG System
Oak Dam West EMMIE DEEPS – IOCG SYSTEM AD-232: 425.7m @ 3.04% Cu, 0.59g/t Au Carrapateena 900Mt @ 0.56% Cu, 0.24g/t Au, 2.6g/t Ag2 16km N 40km East IRON OXIDE COPPER GOLD (IOCG) • IOCG elephant country – 16km to Oak Dam For personal use only • Emmie Deeps – 5th major Gawler Craton IOCG Emmie Bluff 4
Slide 13: Kinloch Overview
KINLOCH Kinloch Overview • Kinloch project consists of four highly prospective For personal use only tenements situated in the northern Murray Basin covering an area totalling 3,184km 2. • Held with Boss Energy (Coda 25%, Boss 75%) • Proposed mineral rights sharing arrangement entitles Coda to 100%
Slide 14: Copper – The Next Boom
ASX: COD Lithium Carbonate – CNY/t COPPER – THE NEXT BOOM Data Source: Grad View Research, Data Bridge Market Research, Business Research Company Trading Economics 700,000 - Prices peaked 2022 following surging EV demand Lithium 600,000 and supply ramp up constraints. only 500,000 - Strong supply re
Slide 15: Copper Supply & Demand
ASX: COD COPPER SUPPLY & DEMAND 30 For personal use only 25 The world is facing a looming deficit of up 20 to 10mt per annum of copper by 2035. Mtpa 15 10 Incentive pricing required to bring additional supply online 5 Goldman Sachs: Bank of America: JP Morgan: $15,000 USD/t by $12,000 USD/t by $12,0
Slide 16: Copper's Supply Response
ASX: COD COPPER’S SUPPLY RESPONSE Addressing this shortfall will require every solution: Big Projects, Small Projects, Recycling and Substitution For personal use only Advanced Projects like Elizabeth Creek can be nimble and respond quickly to demand signals Low CAPEX Lower barrier to entry compared
Slide 17: Transformational short-term catalysts
ASX: COD CODA MINERALS Transformational short-term catalysts For personal use only STATUS WHAT’S NEXT Average Cu Recovery: 66-77% High reward test-work programme June 2024, new oxide collectors demonstrated 12% Results throughout Sept 2024 METALLURGY increase in Cu Recovery Life of Mine Production G
Slide 18: Coda's Strategy
CODA’S STRATEGY Transform Exceptional base asset provides platform for growth Exploration IOCG For personal use only Expand Emmie Deeps: Greenfields Discovery Increase Resource Exposure to globally significant Maximise Exploration driven value uplift IOCG province, uncapped exploration upside, open
Slide 19: Appendices
For personal use only Appendices
Slide 20: Appendix A: Statements – Mineral Resources
APPENDIX A: STATEMENTS Mineral Resources Mineral Resources and Exploration Targets For personal use only 1. MG14 Indicated Mineral Resource: The information is extracted from the report entitled "Confirmation Statements JORC" created on 26th October 2020 and is available to view at: https://cdn-api.
Slide 21: Appendix A: Competent Person Statement
APPENDIX A: STATEMENTS Competent Person Statement Competent Person Statement for JORC 2012 Mineral Resources For personal use only This report was prepared in accordance with the 2012 Edition of the ‘Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves’ (“JORC C
Slide 22: Appendix B: Metal Equivalent Calculations
APPENDIX B: METAL EQUIVALENT CALCULATIONS Statement Regarding Metal Equivalent Calculations Metal Equivalent grades are quoted for one or more of the Emmie Bluff, Windabout and MG14 Mineral Resources, or for exploration results considered by the company to be related directly to one of these Miner a
Slide 23: Appendix B: Metal Equivalent Calculations (continued)
APPENDIX B: METAL EQUIVALENT CALCULATIONS Statement Regarding Metal Equivalent Calculations (continued) The calculation of this metal equivalent is based on the following assumptions: For personal use only Metal Mining Dilution % Recovery % Payability % Forecast Price Price Unit Recovery % Copper 0.
Slide 24: Appendix C: Statements & References
APPENDIX C: STATEMENTS & REFERENCES Production Targets The information in relation to production targets included in this presentation specifically on slide 9 is taken from the Scoping Study published on 14 March 2024. For personal use only The company confirms that it is not aware of any new inform
Slide 25: For personal use only
For personal use only 6 Altona Street West Perth WA 6005 08 6270 6331 info@codaminerals.com
Coda Minerals — Investor Presentation (September 2024) on 6ix