Element 25 Limited · ASX:E25
Element 25 — Montezuma Mining Company — Investor Presentation (July 2013)
18 slides from Element 25's investor presentation, July 2013
Slide 1: Montezuma Mining Company – July 2013
Insert pic of drill rig from website Montezuma’s vision is to build a sustainable multi mine, multi commodity mining business that operates safely and profitably whilst delivering real benefits for the communities within which we operate. July 2013
Slide 2: Investment proposition
Investment proposition Motezuma is well placed to leverage current market conditions to grow shareholder value • Strong capital position – cash and investments – to fund growth • Experienced Board • Strong management – transitioning company from explorer to producer • Existing assets – manganese and
Slide 3: Strong capital position
Strong capital position Substantial cash position… • $6.7m cash @ 30 June 13 • Recently extended option agreement for Resource and Investment NL (ASX:RNI) to purchase Montezuma’s interest in Peak Hill Project for: - $2.8m cash - issue of 8.4m fully paid ordinary shares in RNI - issue of 2.1m 35 cent
Slide 4: Experienced Board
Experienced Board Seamus Cornelius – Chairman • 21 years corporate experience in both legal and commercial negotiations • Corporate lawyer based in Shanghai and Beijing since 1993 • International partner for 10 years with one of Australia’s leading law firms, specialising in cross border investments
Slide 5: Strong management
Strong management Well positioned to transition MZM from explorer to producer Mike Moore – CEO • Mining engineer with 15 years’ experience in Australia, South Africa, West Africa and Europe • Senior management experience establishing new mineral sands mining operation in West Africa • Operations man
Slide 6: 100% owned Butcherbird Project
100% owned Butcherbird Project • Largest onshore manganese occurrence in Australia - Global Total Inferred JORC Resource of 174.9Mt @ 10.87% Mn including 119Mt @ 11.6% Mn (cut-off 10%) and 55.9Mt @ 9.3% Mn (cut-off 8-10%) - imminent 14 hole diamond drilling program to recover sample material for met
Slide 7: Positive scoping study based on 0.5-1Mtpa production
100% owned Butcherbird Project Positive scoping study based on 0.5-1Mtpa production • Projected NPV (10% discount rate) of up to $376m with IRR of up to 59% • Pre-feasibility work has commenced on processing options for the Mn ore Key assumptions • Long term manganese price of US$5.40/dmtu • Long te
Slide 8: Manganese
Manganese A critical element in steel manufacture with no satisfactory substitute • Fourth-most globally consumed metal by weight behind iron, aluminium and copper - 90% of supply is used in steel production; 10% used in battery production, chemicals and aluminium cans • While manganese is abundant
Slide 9: Growth strategy
Growth strategy To become a multi-mine and multi-commodity business through acquisition and organic growth… • Identifying high priority commodities and locations that leverage MZM’s previous experience and strengths • Actively seeking assets that will deliver near term production • Building a mid-ti
Slide 10: Growth strategy – target commodities
Growth strategy – target commodities Target commodities offer strong future demand characteristics 10
Slide 11: Growth strategy – target geographies
Growth strategy – target geographies Target geographies present low jurisdictional risk and excellent mineral prospectivity 11
Slide 12: In summary… Montezuma is well placed to grow
In summary… Montezuma is well placed to grow • Strong capital position – cash and investments • Experienced Board • Strong management team – transitioning MZM from explorer to producer • Existing assets – well located to infrastructure • Focused growth strategy – aim to deliver near term production
Slide 13: Appendix
Insert pic of drill rig from website Appendix
Slide 14: Corporate overview
Corporate overview Share price $0.30 $0.25 $0.20 $0.15 ASX Code: MZM 1Yr share price: $0.09 - $0.29 Substantial shareholders $0.10 Shareholder Holding % held Shares on issue: 70,464,350 JP Morgan Nominees Aust 6,326,070 8.98% Options on issue: 12,825,000 Duketon Mining Ltd 5,382,500 7.64% $0.05 Mark
Slide 15: Contact
Contact Montezuma Mining Company Phone: +61 8 6315 1400 Facsimile: +61 8 9486 7093 31 Ventnor Avenue, West Perth WA 6005 PO Box 910, West Perth WA 6872 www.montezumamining.com.au Mike Moore Ronn Bechler Chief Executive Officer Investor Relations, Market Eye P: +61-8 6315 1400 P: +61-400 009 774 E: m
Slide 16: Disclaimer
Disclaimer This presentation contains an overview of Montezuma Mining Company Ltd and its associated entities (Montezuma) and their respective activities and operations. The contents of this presentation, including matters relating to the geology of Montezuma’s projects, may rely on various assumpti
Slide 17: Competent person
Competent person The information in this presentation that relates to Exploration Results, and Mineral Resources is based on information compiled by Mr Justin Brown who is a full-time employee of the Company and is a member of the Australasian Institute of Mining and Metallurgy. Justin Brown has suf
Slide 18: Montezuma Mining Company – July 2013
Insert pic of drill rig from website Montezuma’s vision is to build a sustainable multi mine, multi commodity mining business that operates safely and profitably whilst delivering real benefits for the communities within which we operate. July 2013
Montezuma Mining Company — Investor Presentation (July 2013) on 6ix