Aeon Metals — Investor Presentation (November 2012)
20 slides from Aeon Metals's investor presentation, November 2012
Slide 1: A Leading Copper/Molybdenum Resource Company
Aeon Metals Limited ASX: AQR A Leading Copper/Molybdenum Resource Company November 2012 1
Slide 2: Disclaimer
DISCLAIMER Presentation November 2012 DISCLAIMER: This document has been prepared by Aeon Metals Limited ("Aeon") for the purpose of providing a comprehensive company and technical overview to interested analysts and investors. Any statements, opinions, projections, forecasts or other material conta
Slide 3: Aeon's Market – Copper & Moly Leverage
AEON’S MARKET – COPPER & MOLY LEVERAGE Presentation November 2012 Copper: not enough to go around+hard to find Molybdenum: 2012 Unkind • Supply/Demand pointing to continued price • Moly oxide prices weakened considerably in strength: 2012: • Underperforming mine supply over past • Strong supply grow
Slide 4: Corporate Overview
CORPORATE OVERVIEW (as at 23 November, 2012) Presentation November 2012 Capital Structure Share Price Graph • Aeon Metals Limited (ASX:AQR) • 168,822,440 shares on issue • 13.3m options1 with 15c strike price • Cash position – ~$900k • Share Price - ~$0.079 • Market Capitalisation – ~$13m ¹ 6.4m con
Slide 5: 2012 Market Reality vs Asset Base
2012 MARKET REALITY vs ASSET BASE Presentation November 2012 • Market Reality: • Risk capital left the market in May and has not AS39 Small-Cap Resources Index returned. • Liquidity in small cap resource companies evaporated. Simply no buyers. • Capital raising and asset growth difficult. • Value no
Slide 6: Corporate Vision & Growth Strategy
CORPORATE VISION & GROWTH STRATEGY Presentation November 2012 Aeon’s vision is to become a pre-eminent Australian base metals company focused on growing JORC resources, internally and externally, to enable mine developments. This is to be achieved via a 2-prong growth strategy: 1. Organic growth: ad
Slide 7: Corporate Vision & Growth Strategy (cont.)
CORPORATE VISION & GROWTH STRATEGY (cont.) Presentation November 2012 2. Corporate growth via “asset leverage”: Corporate and/or asset mergers and acquisitions: a) Identification and acquisition of copper and/or molybdenum assets with JORC resources or potential to advance to JORC status; and/or b)
Slide 8: Asset Location
ASSET LOCATION Presentation November 2012 Aeon Metals’ • Extensive copper and DARWIN Tenements molybdenum porphyry province. Townsville • Aeon controls large, Northern contiguous tenement Territory holding within province. Gladstone Western Bundaberg Queensland • Significant resource AustralIa BRISB
Slide 9: Projects Overview
PROJECTS OVERVIEW Presentation November 2012 • 30kms west of Monto, 110km south of Gladstone – best in class location. • Controls 10 contiguous tenements: • Rio Tinto earn-in and JV agreement has vindicated regional geological model - onsite this week. • SLWQ deal: • adjoins Rio JV tenement • extend
Slide 10: Greater Whitewash Polymetallic Project
GREATER WHITEWASH POLYMETALLIC PROJECT Presentation November 2012 • Large project supported by large (242mt) independent expert (SRK) JORC resource1. Total MoEq Contained Metal JORC MoEq MoEq Mo Cu Ag Mo Cu Ag Classified Cut Off Mt ppm ppm ppm ppm lb t Oz INDICATED 425 185 615 263 1189 1.55 108,533,
Slide 11: Greater Whitewash Polymetallic Project (cont.)
GREATER WHITEWASH POLYMETALLIC PROJECT (cont.) Presentation November 2012 • The resource remains open at depth, along strike and across strike in many places. • Additional drilling could materially increase resource. • Substantial drill program required to bring to measured status. • Conceptual proj
Slide 12: John Hill Copper/Molybdenum Project
JOHN HILL COPPER/MOLYBDENUM PROJECT Presentation November 2012 • Maiden drill campaign in Jan 2012 discovered new and effectively blind large porphyry copper mineralised body: • Nominee in Queensland Explorer of the Year Award based on John Hill discovery. • 10km north along strike from Greater Whit
Slide 13: Combined John Hill & Kiwi Carpet
COMBINED JOHN HILL & KIWI CARPET Presentation November 2012 • The known mineralisation at the combined John Hill and Kiwi Carpet system is 6.3km long and 2km wide. • 59 holes have been drilled into Kiwi Carpet (1970’s), 1km north of John Hill, by Kennecott. • Few, if any, of these Kennecott hole wer
Slide 14: High Potential New Targets
HIGH POTENTIAL NEW TARGETS Presentation November 2012 • The further prospectivity of the remaining tenements of the company’s holding in the Rawbelle Porphyry Province is highlighted by: • recent discovery (Nov 2012) of previously unknown high grade outcropping porphyry copper mineralisation at 7B,
Slide 15: Value Equation - Comparable Analysis
VALUE EQUATION - COMPARABLE ANALYSIS Presentation November 2012 • There are only a few “pure” molybdenum companies. Aeon is well positioned amongst these peers: • large indicated tonnes; • positive metallurgy; and • access to infrastructure; • high probability to delineate further large tonnages. •
Slide 16: Next Steps
NEXT STEPS Presentation November 2012 • Implement growth strategy: • Organic growth: • Advance defined new targets (7B & Juicy Fruit) – drill • John Hill/Kiwi Carpet resource delineation • Greater Whitewash process flowsheet • Greater Whitewash/John Hill/Kiwi Carpet mine development synergy review.
Slide 17: Appendix – Copper Stats
APPENDIX 1 – Copper Stats (Source: Macquarie Research, Sept 2012) Presentation November 2012 17 www.aeonmetals.com.au
Slide 18: Appendix – Molybdenum Stats
APPENDIX 2 – Molybdenum Stats (Sources: Macquarie Research, Sept 2012) Presentation November 2012 18 www.aeonmetals.com.au
Slide 19: Appendix 3: JORC Resource Estimate (Notes)
APPENDIX 3: JORC RESOURCE ESTIMATE (Notes) Presentation November 2012 The information in this report that relates to Resources is based on information compiled by Danny Kentwell, a full time employee of SRK Consulting (Australasia) who is a Member of The Australasian Institute of Mining and Metallur
Slide 20: Appendix 4: Competent Person Statement
APPENDIX 4: COMPETENT PERSON STATEMENT Presentation November 2012 The information in this report that relates to exploration results and mineral resources is based on information compiled by Mr. John Goody, Executive Director of Exploration, Aeon Metals Limited (“Aeon”) and supervised by Mr Martin I