Aura Energy Ltd · ASX:AEE
Aura Energy — London Mines & Money 2014
14 slides from Aura Energy's conference presentation, Dec 3, 2014
Slide 1: Developing High Margin Uranium Projects at the Current U Price
London Mines & Money, 1-5 Dec 2014 For personal use only Aura Energy Limited – ASX: AEE Developing High Margin Uranium Projects... At the CURRENT U Price Peter Reeve – Executive Chairman BOOTH H4
Slide 2: Disclaimer & Competent Persons Statement
Disclaimer & Competent Persons Statement For personal use only This presentation has been prepared to provide information on Aura Energy Limited’s projects. It is not intended as an offer, invitation solicitation or recommendation with respect to the purchase or sale of any securities. This pres
Slide 3: Aura Energy Summary
Aura Energy Summary For personal use only • Aura holds a globally significant uranium resource base in 2 projects; • Reguibat 50 Mlbs – Mauritania • Häggån 800Mlbs – Sweden • Scoping Studies completed on both projects • Reguibat project provides near term production & cashflow • C1 Cash cost - US$30
Slide 4: Aura Projects C1 Cash Costs
Aura Projects C1 Cash Costs For personal use only 70 Uranium Long Term Price - $65/lb 60 50 Uranium Spot Price - $40/lb 40 $30/lb 30 $25/lb 20 $13.5/lb 10 0 Reguibat Häggån 1 Häggån 2
Slide 5: Reguibat Project's Extraordinary Natural Attributes
Reguibat Project’s Extraordinary Natural Attributes For personal use only Key project attributes: 1. Very shallow mining; 1-5 metres only 2. The uranium ore is simply upgradeable by up to 700% 3. Leach rate and extraction both very high Leads to a project that has; • Very small physical footprint •
Slide 6: Uranium Mineralisation; 1-5 Metres from Surface
Uranium Mineralisation;1-5 Metres from Surface For personal use only Metres 0 2 4 6 8 10 6
Slide 7: Reguibat Project Scoping Study
Reguibat Project Scoping Study For personal use only • Shallow mining ~120 tph (1.0 Mtpa) • Simple wash and screen for upgrade • 25 tph to small leach facility • Mined grade >420ppm U₃O₈ for 15 years • Leach feed grade of 2500ppm U3O8 • Production circa 1.0 Mlbs U₃O₈ per year • 15 year mine life • C
Slide 8: Reguibat Surface Mineralisation
For personal use only Reguibat Surface Mineralisation Friable mineralisation breaks down on digging Free dig truck and shovel mining Uranium Mineralisation - Carnotite 8
Slide 9: Mauritania – A Mining Country Attracting Substantial Investment
For personal use only Mauritania – A Mining Country Attracting Substantial Investment 9
Slide 10: Häggån Project Sweden
Häggån Project Sweden For personal use only Pyrite 10 Black Schist with Quartz
Slide 11: Häggån Project – Long Life, High Margin U3O8
Häggån Project – Long Life, High Margin U₃O₈ For personal use only Strategic European based uranium deposit 803Mlbs U₃O₈ in Inferred Resources – one of largest globally Completed Independent Scoping Study Key project attributes; 1. Simple open pit – thick continuous mineralisation from surface
Slide 12: Häggån – Low cost, Low risk, Mining Project
Häggån – Low cost, Low risk, Mining Project For personal use only C1 Cash Capital Produced Project Cost Cost U₃O₈ ~ Credits Mtpa $m Mlbs $/lb 5.0 190 1.4 25-30 30 540 7.8 13.50
Slide 13: Aura Energy - Corporate Snapshot
Aura Energy - Corporate Snapshot For personal use only Share price: 3.1 cents Market capitalisation: A$9.0 million Cash position: $1.7 M (23/11/14) Shares: 267 million Code: AEE (ASX) Board; Peter Reeve Executive Chairman Bob Beeson Managing Director Brett Fraser Non-Executive Board Member Jules Per
Slide 14: Aura Energy - Summary
Aura Energy - Summary Aura progressing low capex and low opex project developments For personal use only High margin projects imply significant value Aura can make money at today’s uranium price Reguibat Scoping Study successfully recently completed Reguibat’s beneficiation upgrade is simp