Copper 360 Limited · JSE:CPR
Copper 360 — Investor Presentation (April 2023)
20 slides from Copper 360's investor presentation, Apr 18, 2023
Slide 1: Company Presentation | JSE | 18 April 2023
Company Presentation | JSE | 18 April 2023 Presented by Jan Nelson - CEO
Slide 2: Who are we and what do we do?
Who are we and what do we do? We process and mine copper Our operations are in the Northern Cape Province of South Africa – 5km north of Springbok We are a diverse, technically able, operationally experienced and innovative team We list on 21 April 2023 and will offer the only pure copper play in So
Slide 3: Our Geographical Location
Our Geographical Location 2 1 – Copper Oxides: SX/EW Plant – In Production 2 – Rietberg Mine sulphides to Conc Plant – 8 months to production 3 – Nababeep Slag Plant – being constructed 4 – Nababeep Sulphide Plant – being constructed 4 3 1
Slide 4: What makes us different?
What makes us different? We are in production, cash flow positive and have a dividend policy We have process design and engineering build capability and capacity We have Mining Title to 70% of an entire copper district with good infrastructure Most of the mines are pre-developed and the ore defined
Slide 5: High margin return that is Green & Clean
High margin return that is Green & Clean East West Nababeep Glory Hole Thin Waste Cap Thin Waste Cap ~5m Benches High-grade Oxide Ore Oxide Ore
Slide 6: But why is Copper so critical?
But why is Copper so critical? Cu Cu Cu Cu Cu Cu Cu Cu Cu Cu Cu
Slide 7: Space shuttle to Earth "Houston, we have a problem…"
Space shuttle to Earth “Houston, we have a problem…” Volume and grade of current mining operations are decreasing exponentially By 2032 world consumption will be 30Mt of copper per annum Supply 12 Mt
Slide 8: Every EV requires 85kg of copper
Every EV requires 85kg of copper | EU target of 30% EV’s (500m EV’s) by 2040 requires 42 million tons of copper Copper supply currently of 20Mt is forecast to drop to 12Mt by 2034 We then have not added the copper requirement in terms of infrastructure development & renewable energy
Slide 9: What does the market look like?
What does the market look like?
Slide 10: Movie Short Time!
Movie Short Time!
Slide 11: What are our key value drivers
What are our key value drivers
Slide 12: Size, Grade and distribution of our Copper
Size,Grade and distribution of our Copper Copper Whale Analogy Weight of 150 tons 35m 12m If we assumed the whale had a copper grade of 1,5% Then the whale would represent: 150 tons x 1,5% Cu = 2,25 tons of copper 5m @ ZAR220,000/t it would mean the whale would have A value of approximately ZAR500k
Slide 13: Rietberg Mine – 11,000 whales ZAR 1,4bn
Rietberg Mine – One of only 12 mines we own 25,000 tons of copper metal X 11,000 whales 450m ZAR 1,4bn
Slide 14: 1,100,000 whales @ ZAR 500,000
Cluster of surface or near-surface resources IN ONE LOCALITY ALREADY PERMITTED 1,100,000 whales @ ZAR 500,000 ZAR 560bn copper in ground
Slide 15: What does 1,1m whales mean?
What does 1,1m whales mean? 1,100,000 whales at 35m length = 38,500km | Earth circumference is 40,075km Enough copper whales to make one trip around the circumference of the earth
Slide 16: Our In-house Design & Engineering capability
Our In-house Design & Engineering capability Engineering manufacturing Full in-house electrification Simulation of one of Launder tanks at SX plant
Slide 17: Historical Dataset
Historical Dataset Copper 360 Geological Database Our unseen foundation and competitive advantage Key to accelerated mine development yasits (already deline underground mines (p >3000 Geophysical Maps Over 600 geological reports € — — 6 Detailed 30 geological models in Micromine Integrated Mineral R
Slide 18: Our TEAM
Our TEAM
Slide 19: Our Strategic Partnerships
Our Strategic Partnerships Our Local Communities Metaltek
Slide 20: Our Future
Our Future ➢ In production and cash flow positive ➢ Growing copper production to 650t/month by year end ➢ Capital cost of less than ZAR260m and secured ➢ ROC less than 24 months ➢ AISC of US$4500/t of copper metal (Current Price US$9800/t) ➢ Listing on JSE on 21 April 2023 | Market cap – ZAR2,4bn ➢