Ecograf Ltd. · ASX:EGR
Ecograf — Kibaran Resources — Africa Down Under Conference 2017
21 slides from Ecograf's conference presentation, Sep 7, 2017
Slide 1: ASX Announcement: Company Presentation
7 September 2017 ASX ANNOUNCEMENT Company Presentation Kibaran Resources (ASX:KNL) is pleased to advise that Managing Director, Andrew Spinks presented at the Africa Down Under Conference yesterday in Perth, Western Australia. The presentation “Developing a high-quality graphite project for the rapi
Slide 2: Africa Down Under Presentation
Africa Down Under Presentation ASX:KNL FSE:FMK
Slide 3: Disclaimer
DISCLAIMER Securities Disclaimer This presentation is for informational purposes only and does not constitute an offer to sell, or solicit to purchase, any securities. Such offer can be made only through proper subscription documentation and only to investors meeting strict suitability requirements.
Slide 4: Our Vision
OUR VISIONOUR V I S I O N “To become a major producer of high-value, premium quality large flake graphite in Tanzania as a long-term stable supplier of graphite for the high growth battery market” 3
Slide 5: Tanzanian Update - Latest
TA N Z A N I A N U P D AT E - L AT E S T MINING LEGISLATIVE CHANGES ▪ Regulations supporting recent legislative changes being drafted ▪ Minister for Minerals and Commission under President’s office yet to be appointed ▪ Majority of the new provisions are not expected to impact Epanko given graphite
Slide 6: The Right Team to Advance Epanko
T H E R I G H T T EA M TO A DVA N C E E PA N KO Board and Management A strong mix of mining, commercial and graphite experience Robert Pett (Non-Executive Chairman) Minerals Economist with over 30 years’ experience in developing resources and mines in Australia and Africa. Founding Chairman of Resol
Slide 7: Overview – The Case for Kibaran
OVERVIEW – THE CASE FOR KIBARAN ▪ Increased Bankable Feasibility Study (BFS) production case to 60ktpa to support new demand Epanko ▪ BFS conforms with international project financing positioned for standards, IFC and World Bank Guidelines development ▪ RAP completed ▪ All key documents in place for
Slide 8: BFS Key Highlights
BFS KEY HIGHLIGHTS ▪ 50% increase in production to 60ktpa over an 18 year life of mine positions Kibaran to be a major baseload supplier of high value graphite products to traditional and emerging graphite markets ▪ Low pre-production capital of US$88.9m ▪ C1 operating costs FOB Dar es Salaam of US$
Slide 9: Funding Strategy
F U N D I N G S T R AT E G Y ▪ Completed BFS is a key catalyst for lenders, with bank financing demanding the highest technical, social and environmental standards ▪ Recently finalised RAP establishes critical project implementation plans and is a pre-requisite for lender credit approval processes ▪
Slide 10: Supported by Existing Infrastructure
SUPPORTED BY EXISTING INFRASTRUCTURE Established Regional Infrastructure ▪ Existing road access to Mahenge provides an effective logistics solution to Dar es Salaam ▪ Product to be exported from the port of Dar es Salaam ▪ Diesel power for first 2 years of operation prior to connection to grid power
Slide 11: A High Quality Graphite Deposit with Scale
A HIGH QUALITY GRAPHITE DEPOSIT WITH SCALE Epanko Mineral Resource Estimate >8% TGC JORC Tonnage Contained Classification (Mt) Graphite (t) Measured 7.5 738,900 Indicated 12.8 1,280,000 Inferred 10.4 1,030,600 Total 30.7 3,049,500 Epanko Drill Core Rock Texture Epanko rocks have undergone extremely
Slide 12: Epanko - Western Zone View
E PA N KO - W EST E R N ZO N E V I E W West Pit Outline 11
Slide 13: Grade and Flake Size Comparison
G R A D E A N D F L A K E S I Z E C O M PA R I S O N ▪ Grade combined with flake size determines value ▪ High grade with high proportion of large flake size (>150 micron) provides high margins 12
Slide 14: Graphite Pricing Assumptions
GRAPHITE PRICING ASSUMPTIONS ▪ No “heroic” pricing assumptions in determining base case basket pricing ▪ Epanko project returns exclude further value capture from battery graphite Kibaran Pricing v Peer Assumptions Peer Group Price Range No value capture for battery products assumed in Kibaran <150
Slide 15: Sales and Offtake Agreements
S A L E S A N D O F F TA K E A G R E E M E N T S ▪ Sales growth driven by lithium-ion battery demand in 3 key markets outside of China 14
Slide 16: Battery Grade (Spherical) Graphite
B AT T E R Y G R A D E ( S P H E R I C A L ) G R A P H I T E ▪ Production of battery graphite for anode battery market to add significant value ▪ Feasibility Study commenced by GR Engineering with results expected Q3-2017 ▪ Advanced discussions underway for sales of battery grade graphite production
Slide 17: Battery Grade Graphite Results
B AT T E R Y G R A D E G R A P H I T E R E S U LT S ▪ Outstanding results achieved with battery graphite meeting customer specifications with impurities below specified levels ▪ Successful production of battery anode material using Epanko Battery (Spherical) Graphite ▪ Electrochemical testing and be
Slide 18: Positive Market Outlook
POSITIVE MARKET OUTLOOK ▪ Europe is leading the world in electric automobile adoption rates 17
Slide 19: Community Development & Engagement
COMMUNITY DEVELOPMENT & ENGAGEMENT Bridge2Aid Kibaran is a founding donor to Bridge2Aid Australia which commenced last year. The charity is now up and running, with several Australian volunteer dentists already to Tanzania in May this year. www.bridge2aid.com.au Sponsorship of Local Youth – Training
Slide 20: Key Value Drivers
KEY VALUE DRIVERS UPGRADED BFS TO ▪ Positions Kibaran to be a significant and high 60KTPA margin graphite producer ▪ Discussions with leading German carbon ADDITIONAL SALES groups for both natural flake products and AGREEMENTS downstream processed products well advanced DEBT FINANCING ▪ Progressing
Slide 21: Kibaran Resources Limited
Kibaran Resources Limited Level 1/18 Richardson Street WEST PERTH WA 6005 Ph: +61 8 6424 9000 www.kibaranresources.com 20
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