Lion Selection Group Ltd. · ASX:LSX
Lion Selection — Investor Presentation (May 2024)
15 slides from Lion Selection's investor presentation, May 2024
Slide 1: Lion Selection Group May 2024
Lion Selection Group ASX : LSX May 2024 www.lionselection.com.au
Slide 2: Disclaimer
This presentation does not constitute investment advice. Neither this presentation nor the information contained in it constitutes an offer, invitation, solicitation or recommendation in relation to the purchase or sale of shares in any jurisdiction. This presentation does not take into account any
Slide 3: $66.4M cash to invest into a falling market
$66.4M cash to invest1 Into a falling market Brightstar Resources: Gold [ASX:BTR] Erdene: Gold / Mongolia Development Ready [TSX:ERD] Atlantic Tin: Tin / Morocco Assembling a commodity [unlisted] diverse portfolio of pre- Plutonic Saturn Metals: Gold production Australian [ASX:STN] Great Boulder Koo
Slide 4: Opportunity: Lion's target asset class is down over 60%
Opportunity: Lion’s target asset class is down over 60% 1. Equity prices for micro-capitalisation Resources 2. Liquidity for the mining space has collapsed: very companies have collapsed, and are still falling challenging conditions for micro-capitalisation Resources companies to raise money Micro A
Slide 5: Valuation
“The biggest risk for investors under these Valuation1 Sum of the parts circumstances is to be 30 Apr 2024 illiquid.” Cash $66.4M 47.0cps Legacy Investments $10.4M 17.3cps New Investments2 $13.3M Tax -$0.7M Total Value $90.0M 63.8cps Market Capitalisation $59.3M 43.0cps The New Investment pool consi
Slide 6: Investment in Focus: Plutonic
Investment in Focus: Chasing hypergiant gold and copper deposits Ultra-leveraged to discovery Lion 49% shareholder3 Never-before considered mineral systems over a large area: District scale discovery potential Gold and copper anomalism within altered rocks Unique point of difference Plutonic unliste
Slide 7: Capital Deployment Philosophy
Highly • High deal flow (1,000’s per year) Capital Deployment selective • Detailed assessment of large watchlist Philosophy • Highly selective conversion to investment (7 new investments since sale of Indonesian assets) 26 years of deployment Contrarian • Target investment toward weak market (high p
Slide 8: Looking ahead
2024 Looking ahead Lion will invest in equities and projects Opportunity • Market has weakened severely Building Lion’s Portfolio of (low point in a long-term • Short term: equity prices weak whilst liquidity Mining Assets asset cycle) depressed • Long term: exceptionally healthy commodity fundament
Slide 9: Board & Management Strong Foundation
Board & Management Strong Foundation MANAGEMENT TEAM BOARD Barry Sullivan Peter Maloney Chris Melloy Robin Widdup Craig Smyth Hedley Widdup Non-Executive Director Non-Executive Director Non-Executive Director Executive Chairman CFO4 CEO4 Barry is a mining Peter has commercial Chris is a mining Robin
Slide 10: Exceptional access to people
Exceptional access to people Plutonic Limited Brightstar Resources Alto Metals Great Boulder Saturn Metals Sunshine Metals Koonenberry Gold ASX:LSX lionselection.com.au 10
Slide 11: LSX:ASX
LSX:ASX Lion Selection Group | Key Asset Cash | Purchasing Power Multiplying Powerful contrarian play in a weakened market Subscribe for Lion Announcements http://www.lionselection.com.au Level 2/175 Flinders Lane Melbourne VIC 3000 T +61 3 9614 8008 E info@lsg.com.au
Slide 12: The Lion Story
Founded in 1997 by Robin Widdup, Lion Selection Group has built a track record as a The Lion Story successful investor in mining assets and interpreter of the cycles of mining. In a 26 year history, Lion has been an early shareholder and contributed to the success of a long list of successful mining
Slide 13: Appendices: Notes and References
Appendices Notes and Lion Asset Selection Processes References 1. Refer to Lion Selection Group announcement to ASX on 7 May 2024 2. New investments are companies invested in by Lion for the first time after 1 January 2022. 3. Refer to Lion Selection Group announcement to ASX on 12 February 2024 4.
Slide 14: Commodities have differing risk profiles
Commodities have differing risk profiles Mineral commodities have differing “degrees of Difficulty difficulty”, that result from: Diamonds Hard to find & Diamond mafia • Process risk (how challenging to separate Mineral Sands, Industrial Minerals, Technically complex from host rocks and create Nicke
Slide 15: Proven Investing Process
Proven Investing Process 26 years of junior mining investing success Lion invests across the capital structure, seeking to balance capital protection with attractive returns Access to deal flow Experienced investment team Lion target investments In-house technical assessment Seek Large, broad ra
Lion Selection Group — Investor Presentation (May 2024) on 6ix