Cokal Limited · ASX:CKA
Cokal — Shareholder Meeting (December 2020)
27 slides from Cokal's shareholder meeting presentation, Dec 15, 2020
Slide 1: AGM 2020 Presentation - Amended
T +61 2 8319 9299 E info@cokal.com.au Level 5, 56 Pitt Street Sydney NSW 2000 ABN 55 082 541 437 (ASX: CKA) www.cokal.com.au ASX ANNOUNCEMENT 15 December 2020 For personal use only AGM 2020 Presentation - Amended Cokal Limited (ASX:CKA, “Cokal” or “the Company”) provides disclosure in respect of the
Slide 2: Company Presentation AGM 2020
For personal use only Company Presentation AGM 2020 24th November, 2020 1 AGM 2020
Slide 3: Cokal Board
Cokal Board For personal use only Mr Martino Mr Hanna Mr Bangur Mr Delbridge 2 AGM 2020
Slide 4: Cokal Management
Cokal Management For personal use only Mr Yayha Mr Coleman Mr Sukardi – BBM Mr Huei – BBM General Manager - Chief Executive Officer Project Project Mines Mr Hui Mr Ichwan Mr Wilianto Mr Cahyono Site Manager Finance Manager Geology Manager Mine Planning Manager 3 AGM 2020
Slide 5: Vision and Mission Statement
Vision and Mission Statement For personal use only BBM will differentiate the company from others, by focusing on: • Building a Global Metallurgical Coal Business. Geographical, political and partnership diversification in areas of high potential value generation; in a commodity we understand, and b
Slide 6: Cokal's Project Portfolio & Development
Cokal’s Project Portfolio & Development For personal use only Projects Preparation / Exploration Production BBM • Permitted (Bumi Barito Mineral) • Production to 60% owned by Cokal commence in 2021 TBAR • Exploration licence extended until 2022 (Tambang Benua Alam • Exploration plan being prepared R
Slide 7: Developing a new Coking Coal Province
Developing a new Coking Coal Province For personal use only 6 AGM 2020
Slide 8: BBM Concession and location
BBM Concession and location For personal use only PIT 1 PIT 4 7 AGM 2020
Slide 9: Developing a new Coking Coal Province
Developing a new Coking Coal Province For personal use only • Most developed coalfields in Indonesia are low rank thermal coals: *Data from ESDM • All the coal in Cokal’s tenements is metallurgical coal • Metallurgical coals comprise anthracite, PCI coal and coking coal, used primarily to make steel
Slide 10: BBM Permitted
BBM Permitted For personal use only All Approvals in place for BBM : • IUP (Exploration) on ‘Clean & Clear’ List • PT BBM approved Foreign Owned company (PMA status) • Cokal Shareholding of PT BBM approved by BKPM (Central Government Foreign Investment Co-ordination Board) • Forestry Permit already
Slide 11: BBM JORC Resources – 266Mt
BBM JORC Resources – 266Mt For personal use only Sufficient Resource to underwrite 2Mtpa1 initial open cut production plan Resources by Seam and Category Refer ASX announcement 29 January 2015, 29 April 2016 and 30 September 2016 Resources by Category and Depth of Cover 10 Refer ASX announcement 29
Slide 12: Coal Quality
Coal Quality For personal use only Coking Coal Quality of J Seam Calorific Inherent Volatile Fixed Total Relative Phos- Product Yield Ash Value CSN Moisture Matter Carbon Sulphur Density phorus Kcal/kg Raw Coal 100 1.0 13.2 17.6 68.2 0.38 7,412 9 1.39 0.007 Washed 81 0.7 5.3 18.1 76.0 0.42 8,300 9 1
Slide 13: BBM Life Of Mine Reserves and Costs
BBM Life Of Mine Reserves and Costs For personal use only The reportable reserves within final pit designs for BBM are shown in the table below: Reserves Proved (Mt) Probable (Mt) Proved + Probable (Mt) Av. SR (bcm/t) All Pits 13.0 7.2 20.2 20.9 Extracted from ASEAMCO statement of reserves – July 20
Slide 14: Milestones Achieved - 2020
Milestones Achieved - 2020 For personal use only Milestones achieved this year despite several challenges & global slow down due to the ongoing COVID crisis: • Platinum debt release; • BBM Minority Share settlement; • Mining Services tender release and award despite the ongoing COVID crisis; • Secur
Slide 15: Haul Road Development
Haul Road Development For personal use only 14 AGM 2020
Slide 16: Proposed Jetty Location
Proposed Jetty Location For personal use only • BBM has in principle approval from one of existing jetty owner/operator to use their jetty to load coal onto barges for the initial period of 1-2years while its permanent jetty is being built which will be located in the adjacent area also • The same e
Slide 17: Proposed Jetty Locations
Proposed Jetty Locations For personal use only 16 AGM 2020
Slide 18: Logistics
Logistics For personal use only • Former logging road, with the eastern 52km of which is still at a high standard of maintenance and repair. BBM has obtained the exclusive right to use this road. • Total of 98km dedicated coal haul road from Pit to Bumban jetty. • This eliminates the necessity to us
Slide 19: Logistics
Logistics For personal use only • After completing a bathymetric survey, the results of which helped defined an all year round jetty at Bumban, offering a minimum 2.5m water depth. • In addition, special purpose built shallow draught self propelled high tonnage barges are also part of the BBM logist
Slide 20: Barging
For personal use only 19 AGM 2020 Barging
Slide 21: Potential ISP
Potential ISP For personal use only 20 AGM 2020
Slide 22: Logistics
Logistics For personal use only • Coal will be loaded to bulk carrier from the larger conventional barges either by using the ship’s gear or using a Conventional Transhipment Facility at Taboneo. • Taboneo is 176km from Kelanis. Ship Loading 21 AGM 2020
Slide 23: Offtake Markets and Potential Customers
Offtake Markets and Potential Customers For personal use only • PCI coal will be sold as a priority to local steel industry • Leading Japanese trading houses expressed keen interest on our coking coal • coking coal will be sold into Indonesia, Japan , Korea, Taiwan , China, Vietnam and India • Tier
Slide 24: PT Harmoni Panca Utama (HPU) – Awarded Mining Contractor for BBM
PT Harmoni Panca Utama (HPU) – Awarded Mining Contractor for BBM For personal use only Letter of Award Handover Ceremony – Cokal/BBM offices Jakarta Nov 2020 23 AGM 2020
Slide 25: For personal use only
For personal use only “HPU has a total annual capacity of 120 – 150 Mbcm spread over 11 x sites”. https://hpu-mining.com/ 24 AGM 2020
Slide 26: Thank You...
For personal use only Thank You... T: +62 21 579 03265 F: +62 21 5790 3269 Wisma GKBI 23rd Floor Suite 2302 Jl. Jend. Sudirman No. 28 Jakarta 10210 Indonesia info@cokal.com.au 25 AGM 2020
Slide 27: Disclaimer
Disclaimer For personal use only This presentation has been prepared by Cokal Limited (“CKA”). The information contained in this presentation is a professional opinion only and is given in good faith. The material in this presentation (“material”) is not and does not constitute an offer, invitation