Ecora Royalties Plc · LSE:ECOR
Ecora Royalties — Anglo Pacific Group — Merger or Acquisition (June 2014)
8 slides from Ecora Royalties's merger presentation, June 2014
Slide 1: Maracás Royalty Acquisition
Anglo Pacific Group PLC June 2014 Maracás Royalty Acquisition
Slide 2: Important Notice and Disclaimer
Important Notice and Disclaimer Certain statements in this presentation, other than statements of historical fact, are forward-looking statements based on certain assumptions and reflect the Company’s expectations and views of future events. Forward-looking statements (which include the phrase ‘forw
Slide 3: Transaction Overview
Transaction Overview » Anglo Pacific Group PLC has entered into a definitive agreement to acquire a secondary, privately held, 2% NSR (1) royalty on all mineral products sold from the area of the Maracás Vanadium Mine to which the royalty relates (the “Maracás Royalty”) » The Maracás Mine is owned a
Slide 4: Royalty Overview
Royalty Overview The Maracás Royalty The Maracás Vanadium Mine (Bahia Province, Brazil) » The mine is located in an established mining jurisdiction in Brazil and connected to existing power, water and road infrastructure BAHIA Brazil MARACAS » Owned and operated by Largo Resources Maracás project SA
Slide 5: The Maracás Mine
The Maracás Mine Maracás mine construction and commissioning complete Connection to the National Grid First ore being trucked to the stockpile Primary crusher and conveyor leading to ROM stockpile Kiln warm-up in progress Source: Anglo Pacific Group site visit, February 2014 Anglo Pacific Group PLC
Slide 6: Vanadium Demand Outlook
Vanadium Demand Outlook (1) Demand Expected to Outpace Steel Forecast Global Growth Rates (CAGR 2012-17E) 8% » Vanadium is used to produce high strength steel 6% 6.5% 4% » Over 90% of vanadium is used in steel production, although the 2% 2.9% 3.2% vanadium grade within alloyed steel is also a key de
Slide 7: Acquisition Consistent with Anglo Pacific’s Stated Growth Strategy
Acquisition Consistent with Anglo Pacific’s Stated Growth Strategy Near-term cash flow generation » Largo has announced that commissioning of the Maracás Mine is complete, and the final kiln warm-up has begun (1) » V2O5 production is expected in the near term (1) Established mining jurisdiction
Slide 8: Endnotes
Endnotes Third party information As a royalty holder, the Company often has limited, if any, access to non-public scientific and technical information in respect of the properties underlying its portfolio of royalties, or such information is subject to confidentiality provisions. As such, in prepari
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