Peninsula Energy Limited · ASX:PEN
Peninsula Energy — Shaw and Partners Uranium Conference 2021
20 slides from Peninsula Energy's conference presentation, Feb 4, 2021
Slide 1: Peninsula Energy attending Shaw and Partners Uranium Conference
For personal use only 4 February 2021 Companies Announcement Office Via Electronic Lodgement PENINSULA ENERGY ATTENDING SHAW AND PARTNERS URANIUM CONFERENCE Peninsula Energy Limited (Peninsula or Company) is pleased to advise that the Company will be attending the Shaw and Partners Uranium Conferenc
Slide 2: A US Focus with a Clear Pathway to Resume Uranium Production
For personal use only A US Focus with a Clear Pathway to Resume Uranium Production Shaw and Partners Uranium Conference 4 February, 2021 CODE : PEN CODE : PENMF
Slide 3: Disclaimer & Competent Person
Disclaimer & Competent Person This presentation is provided on the basis that the Company nor its representatives make any warranty (express or implied) as to the accuracy, For personal use only reliability, relevance or completeness of the material contained in the Presentation and nothing containe
Slide 4: Cautionary & Inferred Resources Notice
Cautionary & Inferred Resources Notice The Feasibility Study completed for the Lance Projects includes measured and indicated resources and an assumed resource conversion of 60% For personal use only (inferred to indicated or greater). The purpose of the Feasibility Study is to demonstrate the Lance
Slide 5: Uranium Stocks Are Heating Up: Compelling Sector Catalysts
Uranium Stocks Are Heating Up For personal use only Compelling Sector Catalysts Strong, long term demand fundamentals for nuclear energy Continuing under production of uranium Long lead times to restart mines, much longer for new mines Utilities returning to contracting after prolonged hiatus Renewe
Slide 6: A Restart Ready Uranium Producer
A Restart Ready Uranium Producer Peninsula is led by a highly experienced and For personal use only technically sound Board and Management Team A six month pathway to production following a Final Investment Decision Funded for future activities with an established uranium contract book generating si
Slide 7: Corporate Overview
Corporate Overview For personal use only Key Details Share Price Chart Shares on Issue 893.4m Share Price (29 Jan 21) A$0.13 Market Capitalisation A$116m Term Debt Nil Cash (as of 31 Dec 2020) US$8.4m Board of Directors Management Team Mr John Harrison Non-Executive Chairman Combined 150-plus years
Slide 8: Share Trading Liquidity Enhancements
Share Trading Liquidity Enhancements Peninsula was added to the Global X Uranium ETF (URA) Index For personal use only Inclusion in the Global X composition with effect from 1-Feb-2021 Uranium ETF Index (URA) Global X URA has net assets of USD 270 million Global X is currently accumulating shares of
Slide 9: Lance Uranium In-Situ Recovery (ISR) Project
For personal use only Lance Uranium In-Situ Recovery (ISR) Project Wyoming, USA PENINSULA ENERGY LIMITED
Slide 10: A Modern, Large Scale and Long-Life Asset
A Modern, Large Scale and Long-Life Asset Lance is one of the largest US uranium projects in size and scale For personal use only 53.6M lbs U3O8 JORC (2012) compliant resource base1 Current market capitalisation undervalues the resource base when compared to peer group Lance is licensed to produce u
Slide 11: Applying Industry-Leading Low pH ISR Process
Applying Industry-Leading Low pH ISR Process 57% of global uranium produced in 2019 was via low pH ISR For personal use only Low pH ISR is the leading method of Lowest quartile cash cost uranium mines are all low pH ISR uranium production Lance is the only US-based uranium project authorised to use
Slide 12: Active Low pH Field Demonstration
Active Low pH Field Demonstration For personal use only 12 to 18 month duration started in August 2020 Three full scale production patterns in a newly developed area within Mine Unit 1 Maintaining design flow rate of 75 GPM Acidification approaching completion Testing alternatives for oxidants Solid
Slide 13: A Well-Defined Pathway to Production
A Well-Defined Pathway to Production For personal use only INSTALL TRANSITION 6 MONTHS FACILITIES/ URANIUM PRODUCTION (OLD FIELD AREAS) DEVELOPMENT FOR URANIUM TECHNICAL FURTHER PRODUCTION FID* OPTIMISATION OFFTAKE > 12 MONTHS FROM NEW FIELD ACTIVITIES AGREEMENTS AREAS & STUDY & FUNDING UPDATES * Lo
Slide 14: Uranium Sales and Marketing
Uranium Sales and Marketing For personal use only PENINSULA ENERGY LIMITED
Slide 15: Established Uranium Sales Contract Book
Established Uranium Sales Contract Book For personal use only The only junior uranium producer with long-term sales contracts extending to 2030 Representing ~15% of projected Lance FS LOM production Current contracts in place for up to 5.5M lbs at US$51-$53 / lb U3O8, with major utilities in both th
Slide 16: Nuclear Energy Market Drivers
Nuclear Energy Market Drivers For personal use only PENINSULA ENERGY LIMITED 15
Slide 17: Key US Uranium Market Opportunities
Key US Uranium Market Opportunities For personal use only US Domestic Uranium Reserve Bipartisan support for a long-term buying program from US uranium mines US$75 million approved in US FY21 Budget to purchase US produced U3O8 Legislation advancing in the US Senate to support Advanced Nuclear Energ
Slide 18: A Compelling Proposition
A Compelling Proposition For personal use only Low capex Transitioning to low Lance is the only US- requirement of $6m pH ISR method to based uranium project and 6-month re-start provide significant authorised to use potential for the Lance operational and industry leading low pH Project financial u
Slide 19: Contact Details
For personal use only Contact Details REGISTERED OFFICE Suite 22, 44 Kings Park Road West Perth, Western Australia 6005 Australia Phone: +61 8 6263 4461 www.pel.net.au info@pel.net.au FURTHER INFORMATION Wayne Heili Managing Director/CEO +1 (307) 467-5995 PENINSULA ENERGY LIMITED
Slide 20: Appendix – Resources
Appendix 1 – Resources For personal use only Lance Projects Resource Estimate as at 31 December 2019 Tonnes Classification U3O8(kg) Grade (ppm U3O8) U3O8(lbs) (million) Measured 3.4 1.7 489 3.7 Indicated 11.1 5.5 496 12.1 Inferred 36.2 17.2 474 37.8 Total 50.7 24.4 480 53.6 1) JORC Table 1 included
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