Peninsula Energy Limited · ASX:PEN
Peninsula Energy — H.C. Wainwright & Co. Virtual Mining Conference 2020
19 slides from Peninsula Energy's conference presentation, Nov 30, 2020
Slide 1: Peninsula Energy to present at H.C. Wainwright Virtual Mining Conference
For personal use only 30 November 2020 Companies Announcement Office Via Electronic Lodgement PENINSULA ENERGY TO PRESENT AT H.C. WAINWRIGHT & CO. VIRTUAL MINING CONFERENCE Peninsula Energy Limited (Peninsula or Company) is pleased to advise that Managing Director / CEO Mr Wayne Heili will be provid
Slide 2: A Clear Pathway to Uranium Production
For personal use only A Clear Pathway to Uranium Production H.C. Wainwright Mining Conference November 30 – December 1, 2020 Virtual Conference CODE : PEN
Slide 3: Disclaimer & Competent Person
Disclaimer & Competent Person This presentation is provided on the basis that the Company nor its representatives make any warranty (express or implied) as to the accuracy, For personal use only reliability, relevance or completeness of the material contained in the Presentation and nothing containe
Slide 4: Cautionary & Inferred Resources Notice
Cautionary & Inferred Resources Notice The Feasibility Study completed for the Lance Projects includes measured and indicated resources and an assumed resource conversion of 60% For personal use only (inferred to indicated or greater). The purpose of the Feasibility Study is to demonstrate the Lance
Slide 5: A Restart Ready Uranium Producer
A Restart Ready Uranium Producer Led by a highly experienced and technically For personal use only sound Board and Management Team Peninsula is funded for future activities with an established uranium contract book generating significant long-term revenue Flagship Lance Project, located in Wyoming,
Slide 6: Corporate Overview
Corporate Overview For personal use only Key Details Share Price Chart Shares on Issue 891.7m Share Price (25 Nov 20) A$0.073 Market Capitalisation A$65.1m Term Debt Nil Cash (as of 30 Sept 2020) US$9.4m Board of Directors Management Team Mr John Harrison Non-Executive Chairman Combined 150-plus yea
Slide 7: Lance Uranium In-Situ Recovery (ISR) Project
For personal use only Lance Uranium In-Situ Recovery (ISR) Project Wyoming, USA PENINSULA ENERGY LIMITED
Slide 8: A Modern, Large Scale and Long-Life Asset
A Modern, Large Scale and Long-Life Asset Lance is one of the largest US uranium projects in size and scale For personal use only 53.6M lbs U3O8 JORC (2012) compliant resource base1 Current market capitalisation undervalues the resource base when compared to peer group Lance is licensed to produce u
Slide 9: Applying Industry-Leading Low pH ISR Process
Applying Industry-Leading Low pH ISR Process For personal use only Low pH ISR is the 57% of global uranium produced in 2019 was via low pH ISR leading method of Lowest quartile cash cost uranium mines are all low pH ISR uranium production globally Lance is the only US-based uranium project authorise
Slide 10: Building Blocks to Low pH ISR Production
Building Blocks to Low pH ISR Production For personal use only SEP 2018 JAN 2019 APR 2019 SEP 2019 JAN 2020 JUL 2020 Publication of Commencement Successful Commencement of Preparation of MU1A field low pH ISR of field leach trial completion of the low pH de-risking MU1A field demonstration Feasibili
Slide 11: A Well-Defined Pathway to Production
A Well-Defined Pathway to Production For personal use only INSTALL TRANSITION 6 MONTHS FACILITIES/ URANIUM PRODUCTION (OLD FIELD AREAS) DEVELOPMENT FOR URANIUM TECHNICAL FURTHER PRODUCTION FID* OPTIMISATION OFFTAKE > 12 MONTHS FROM NEW ACTIVITIES AGREEMENTS AREAS & STUDY & FUNDING UPDATES * Low pH i
Slide 12: Upcoming Workstreams and News Flow
Upcoming Workstreams and News Flow For personal use only Continuation of the MU1A field demonstration (12-18 months) - Uranium grade curves - Hard acidification uranium recovery curve - Performance of test oxidant - Acid consumption and wellfield flow rates - Results from use of ponds for fines mana
Slide 13: Uranium Sales and Marketing
Uranium Sales and Marketing For personal use only PENINSULA ENERGY LIMITED
Slide 14: Established Uranium Sales Contract Book
Established Uranium Sales Contract Book For personal use only The only junior uranium producer with long-term sales contracts extending to 2030 Representing ~15% of projected Lance FS LOM production Uranium sales Net Cash Margin of US$6-8 million secured in CY2021 Matching binding contract sales wit
Slide 15: Nuclear Fuel Market Drivers
Nuclear Fuel Market Drivers For personal use only PENINSULA ENERGY LIMITED 14
Slide 16: Key US Uranium Market Opportunities
Key US Uranium Market Opportunities For personal use only US Uranium Reserve – A Key NFWG Policy Recommendation Bipartisan support for a long-term buying program from US uranium mines US Budget proposal for appropriation of US$150 million to purchase US produced U3O8 Legislation introduced in US Sen
Slide 17: A Compelling Proposition
A Compelling Proposition For personal use only Low capex Transitioning to low Lance is the only US- requirement of $6m pH ISR method to based uranium project and 6-month re-start provide significant authorised to use potential for the Lance operational and industry leading low pH Project financial u
Slide 18: Contact Details
For personal use only Contact Details REGISTERED OFFICE Suite 22, 44 Kings Park Road West Perth, Western Australia 6005 Australia Phone: +61 8 6263 4461 www.pel.net.au info@pel.net.au FURTHER INFORMATION Wayne Heili Managing Director/CEO +1 (307) 467-5995 PENINSULA ENERGY LIMITED
Slide 19: Appendix – Resources
Appendix 1 – Resources For personal use only Lance Projects Resource Estimate as at 31 December 2019 Tonnes Classification U3O8(kg) Grade (ppm U3O8) U3O8(lbs) (million) Measured 3.4 1.7 489 3.7 Indicated 11.1 5.5 496 12.1 Inferred 36.2 17.2 474 37.8 Total 50.7 24.4 480 53.6 1) JORC Table 1 included
Peninsula Energy — H.C. Wainwright & Co. Virtual Mining Conference 2020 on 6ix