Akobo Minerals Ab · OSL:AKOBO
Akobo Minerals Ab — Investor Presentation (May 2025)
14 slides from Akobo Minerals Ab's investor presentation, May 2025
Slide 1: Akobo Minerals Company Presentation May 2025
Akobo Minerals Company Presentation May 2025 Euronext – AKOBO OTC – AKOBF www.akobominerals.com
Slide 2: Disclaimer
Disclaimer This presentation has been prepared by Akobo Minerals AB (the “Company”) for informational purposes only. It does not constitute, and shall not be construed as, an offer to sell, or a solicitation of an offer to buy, subscribe for, or otherwise acquire any securities of the Company in any
Slide 3: Executive summary
Executive summary Current operations • The Segele Mine is in operation with a modern processing plant. Current production levels are limited due to constrained underground access • A new vertical shaft is planned to provide consistent access to high-grade zones and support sustainable production lev
Slide 4: Akobo Minerals – an Ethiopian gold producer
Akobo Minerals – an Ethiopian gold producer Operating in Ethiopia • Exploration & mining licenses in Gambella region & Dima Woreda Officially a Gold Producer • 15+ years of on-the-ground activity • Strong local foothold built on ethics, transparency & communication 20 kg gold produced so far • Liste
Slide 5: First gold production and sales
First gold production and sales • The first gold sale completed with the National Bank, and the initial royalty payment to the Ministry of Mines • Gold inventory build-up: Establishing a small gold bank in tailings, to be processed with the CIL startup Tons Recovery Gr. gold in Revenues in Revenues
Slide 6: Nature of a nuggety ore body and grade variability
Nature of a nuggety ore body and grade variability Gold distribution is uneven • Nuggety deposits have irregular concentrations, unlike disseminated deposits Samples can be misleading • One drill hole may hit a rich nugget, while another finds little to no gold Grades fluctuate • Daily or weekly pro
Slide 7: Production update – recent months
Production update – recent months Stable operations • Mining, processing, and smelting have performed well • No major technical or operational disruptions Lower-than-expected grade • Gold grade has been below expectations in the last few months • This is a result of working in zones between known hi
Slide 8: Early indicators of improved production performance
Early indicators of improved production performance Variability in grade clearly visible across short distances • High-grade block (up to 666 g/t) sits next to low-grade zones (1–3 g/t) • Highlights the need for selective mining and careful grade control Gold smelted on 5th May from just 3 days of p
Slide 9: New vertical shaft will provide better consistency
New vertical shaft will provide better consistency Technical details ▪ Will replace the planned incline shaft and save time and money ▪ Depth of vertical shaft: approximately 130 m ▪ 4 levels to be developed; first level at -40 m from surface ▪ Capacity: 100 to 150 tons per day (compared to 10 to 20
Slide 10: Production going forward – rough estimates
Production going forward – rough estimates Key mine metrics Total Mineral Resource 69 kOz, 22,7 g/t Nugget effect need to blend from different sources Total gold value 200 mUSD at 3.000USD/oz gold price Expected mined out by end of 2028 Illustration on gold production showing potential estim
Slide 11: Monetary Metals restructuring
Monetary Metals restructuring Agreement announced on 13 May 2025 Akobo Minerals and Monetary Metals have signed a Memorandum of Understanding (MoU) outlining revised terms intended to provide Akobo with greater financial flexibility. The MoU is subject to closing conditions as listed below. Key elem
Slide 12: Potential funding alternatives and ongoing processes
Potential funding alternatives and ongoing processes Offtake Agreement ▪ Active discussions with two large international buyers ▪ Potential value: ~USD 6 million ▪ Supported by strong relationships with Sutton and Monetary Metals Strategic partnerships ▪ Continuous discussions with potential strateg
Slide 13: Use of funds
Use of funds Convertible loan (Short-Term Bridge) ▪ Secures funding to cover operations for the next two months, even without gold sales ▪ Provides a time window to evaluate and possibly finalize offtake Vertical shaft targeted to enter production or equity financing alternatives before year-end Det
Slide 14: Main terms of convertible loan announced on 14 May 2025
Main terms of convertible loan announced on 14 May 2025 Loan amount Conversion events and mechanics • Approx. NOK 11 million (divided on NOK 10.2 million and EUR • At lender's discretion by written notice 100,000) • At borrower's discretion by written notice • Automatic at maturity Disbursement date