Minbos Resources Limited · ASX:MNB
Minbos Resources — London 121 (May 2020)
18 slides from Minbos Resources's conference presentation, May 20, 2020
Slide 1: London 121 Presentation May 2020
LONDON 121 PRESENTATION MAY 2020
Slide 2: Minbos won the tender for the Cabinda Phosphate Project
Minbos submitted and won the tender for the Cabinda Phosphate Project. The company benefits from the existing Cacata resource, A$20M of previous expenditure and ten years experience in Congo Basin phosphates. Our intention is to move rapidly to production, using local phosphate rock, to produce fert
Slide 3: African Agriculture: Yields Need to Rise and Fertilizer Is the Key
AFRICAN AGRICULTURE YIELDS NEED TO RISE AND FERTILIZER IS THE KEY CEREAL AND COARSE-GRAIN PRODUCTION - Fertilizer consumption on the African continent to reach 13.6 POTENTIAL, AFRICA, MILLIONS OF TONS4 million tonnes by 2030 compared to 7.6 million tonnes currently1 - Food demand value ~$313 billion
Slide 4: Overview
OVERVIEW ANGOLA CABINDA PHOSPHATE - Minbos won the international tender for the Cabinda Phosphate Project in March - A$20M spent on studies available. - Road, power, water and gas available. - Existing resource of 7Mt @ 30% P2O51 - DFS started to move quickly to production MADAGASCAR AMBATO RARE EAR
Slide 5: Company Capital Structure
COMPANY CAPITAL STRUCTURE Stock Code ASX:MNB Shares on Issue (million) 5,654m Share Price cps 0.1cps Market Cap A$m A$5.7m Cash at hand 31 Mar 2020 A$1m TOP 10 SHAREHOLDERS % JP MORGAN NOMINEES AUSTRALIA PTY LIMITED 37.92 MRS ELEANOR JEAN REEVES <ELANWI A/C> 3.74 BRIJOHN NOMINEES PTY LTD <NELSONIO A
Slide 6: Asset Overview
ASSET OVERVIEW OVERVIEW Ownership Minbos 85%, Local Partner 15% carried. Project Cacata Fertilizer Project Location Cabinda Province, Angola Commodity Phosphate Rock 3 Infrastructure Gas, Power, Roads and Regional Port Resources 7.3Mt @ 30% P2O5 within resource of 13.1Mt @ 26% P2O51 DFS UPDATING 201
Slide 7: Angola Project Scope
ANGOLA PROJECT SCOPE ROCK PHOSPHATE MINE Mine at Cácata can produce phosphate rock which will be trucked to Porto de Caio. Existing roads and utilities will be sufficient. GRANULATION PLANT AT PORTO DE CAIO Rock Phosphate will be granulated with MAP and micronutrients suitable for tropical soils, cr
Slide 8: Why Enhanced Phosphate Rock?
WHY ENHANCED PHOSPHATE ROCK? AG-TECH, DESIGNED FOR AFRICAN CONDITIONS, DEVELOPED BY THE IFDC. RAW CABINDA IMPORTED ENHANCED CABINDA PHOSPHATE ROCK FERTILIZER PHOSPHATE ROCK - Raw phosphate rock - 100% water soluble phosphate fertilizer 85% local phosphate rock/15% water - Unsuitable for use in Angol
Slide 9: IFDC Field Trial Results
IFDC FIELD TRIAL RESULTS GREENHOUSE TRIALS CONDUCTED BY THE IFDC have compared Cabinda Blend pots against fresh MAP pots in winter wheat and sorghum crops grown to maturity that confirm the blend almost matches the MAP relative agronomic effectiveness. Comparisons in residual greenhouse crops sugges
Slide 10: DFS Key Activities
DFS KEY ACTIVITIES GRANULATION FACTORY The IFDC granulation team and FEECO are working together to provide a quotation for a standard 20tph plant. It is the long lead item and will provide a budget estimate and delivery date to finalise our DFS and funding timeline. MINING RESERVES Proposals have be
Slide 11: Fast Track Schedule
FAST TRACK SCHEDULE Q2 - CY20 Q3 - CY20 Q4 -CY20 Q1 -CY21 Q2 -CY21 Q3 - CY21 MAY JUN JUL AUG SEP OCT NOV DEC JAN FEB MAR APR MAY JUN JUL AUG SEP CORPORATE Investment Contract DFS Capital Raising Construction Raising TECHNICAL Mining Reserves Granulation Design Updated DFS Long Lead Items COMMERCIAL
Slide 12: Our People
OUR PEOPLE BOARD & ADMINISTRATION - Peter Wall – Chairman, Corporate Law Partner at Steinepreis Paganin - Damian Black - Corporate Advisor, Aesir Capital, resources and technology. - Bill Oliver – Geologist and Mine Development in Australia, Africa and Portugal. - Dganit Baldar – Lawyer, with ten ye
Slide 13: Angola
ANGOLA ECONOMY & POPULATION INCREASE IN PRODUCTION OF - Population 30.8 million AGRICULTURE PRODUCTS 2012-2016 (%)1 - Third largest economy and population growth in Africa - 2019 real GDP 2019 grew 1.2% projected 3.2% in 2020 - Poverty incidence fell from 68% in 2000 to 37% in 2018 - Spending on foo
Slide 14: Funding
FUNDING DFS CAPITAL RAISING - Minbos is marketing for the first time with 85% ownership of the Cabinda Phosphate Project as COVID-19 travel and operational restrictions begin to relax - The Company is targeting an equity raising in Q3 2020 to fund an internal DFS, commence approvals, initiate contra
Slide 15: Ambato Rare Earths
Drill holes and soil contours on radiometric anomaly. AMBATO RARE EARTHS 2018 drilling1 to investigate a target delineated by historical reported a best intercept of 17 m @ 4.6% TREO. 2018 geophysics2 showed outlined a 2km radiometric anomaly mostly to the immediate north of the best drill hole. 201
Slide 16: Similar to Mountain Pass
SIMILAR TO MOUNTAIN PASS Generalised geologic map of most of the Mountain Pass district Interpreted geological map of the Ankazohambo deposit "The Ambato phlogopite associated with bastnaesite resembles the phlogopite from Bayan Obo REE deposit in China. The mineralization of the Ambato deposit is s
Slide 17: Disclaimer
DISCLAIMER statements are based on assumptions and are not guarantees or predictions of future performance. No ANGOLAN PHOSPHATE PROJECT representation is made that any of these statements or projections will come to pass or that any forecast result will be achieved, nor as to their accuracy, comple
Slide 18: Minbos is focused on bringing the Cabinda Phosphate Project into production
MINBOS IS FOCUSED ON BRINGING THE CABINDA PHOSPHATE PROJECT INTO PRODUCTION ...a de-risked project uniquely positioned to address the exponential agricultural growth in Middle Africa.