Ramaco Resources, Inc. · NASDAQ:METC

Ramaco Resources — BMO Global Metals & Mining Conference (December 2018)

9 slides from Ramaco Resources's conference presentation, December 2018

  1. Slide 1: Ramaco Resources Presentation

    Ramaco Resources Presentation BMO Global Metals & Mining Conference

  2. Slide 2: Disclaimer

    Disclaimer Forward Looking Statements The information in this presentation includes “forward-looking statements.” All statements, other than statements of historical fact included in this presentation, regarding our strategy, future operations, financial position, estimated revenues and losses, proj

  3. Slide 3: A Unique Growth and Income Proposition in the Met Coal Space

    A Unique Growth and Income Proposition in the Met Coal Space  Ramaco,LLC was created in 2011 as a coal reserve, acquisition and development company to acquire cost and geologically advantaged reserves.  Ramaco Resources was spun out of Ramaco, LLC in 2015 as a “pure play” metallurgical coal operat

  4. Slide 4: Met Asset Portfolio with Competitive Advantages

    Met Asset Portfolio with Competitive Advantages Central Appalachian Operations  Elk Creek (production in Dec 2016)  Berwind (Q2 2017 production)  Knox Creek (Q3 2017 production) ─ 98 million tons of High Vol. Met ─ 72 million tons of Low Vol. ─ 61 million tons of primarily High Vol. A ─ Thick coa

  5. Slide 5: Near Term Growth Production Ramp Up with Significant Low Cost Advantage

    Near Term Growth Production Ramp Up with Significant Low Cost Advantage Production Profile 7.0 $77 $78 $78 $79 $79 $77 $80 $66 $70 6.0 $65 $61 $62 $59 $59 $56 $57 $57 $60 5.0 $54 $55 $53 4.3 4.4 4.3 4.1 4.1 $50 Production (MMTPY) 4.0 4.1 Cash Costs ($/ton) 3.9 4.0 3.4 3.5 $40 3.0 2.8 2.4 2.5 2.5 2.5

  6. Slide 6: Ramaco is Among the Lowest Cost Met Coal Producers in the U.S.

    Ramaco is Among the Lowest Cost Met Coal Producers in the U.S. U.S. Domestic Met Coal Total Cash Cost Curve 20171 (FOB mine) LTM Sep 2016 Domestic Met Coal Productivity Curve (TPEH)2 $140 8.0 $120 7.0 6.0 $100 3 5.0 $ per ton TPEH $80 4.0 $60 3.0 $40 2.0 1.0 Elk Creek Complex4 $20 - $0 - 10,000 20,0

  7. Slide 7: Fortress Balance Sheet with No Debt, Minimal Liabilities, Excess Cash Liquidity

    Fortress Balance Sheet with No Debt, Minimal Liabilities, Excess Cash Liquidity  Ramaco is debt free, with minimal ARO liability  Fully funded for production and $50 million of additional cash liquidity post build-out  Relative to peers… structurally de-risked, manage for free cash flow, plan to

  8. Slide 8: Knox Creek and Elk Creek Preparation Plants

    Knox Creek and Elk Creek Preparation Plants Knox Creek Facilities Elk Creek Preparation Plant under Construction 8 CONFIDENTIAL

  9. Slide 9: NASDAQ Symbol: METC

    NASDAQ Symbol: “METC” Ramaco Resources, Inc. 250 West Main Street, Suite 210 Lexington, Kentucky 40507 www.ramacoresources.com 9 CONFIDENTIAL

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