Ramaco Resources, Inc. · NASDAQ:METC

Ramaco Resources — Q3 2018 Earnings Presentation

10 slides from Ramaco Resources's earnings presentation, Nov 8, 2018

  1. Slide 1: Ramaco Resources, Inc. Third Quarter Earnings Release

    2018 November 8th Ramaco Resources, Inc. Third Quarter Earnings Release

  2. Slide 2: Elk Creek Feet Per Shift

    £ ‘= W) i ® oO — ® ® LL x ® ® O = Lu Ramaco Deep FPS - TTM 300 250 ° =) a 185 lm Alma 001 ——Elk FPS Avg. jem Berwind 001 Budget FPS gT-auny gt-Aew study sT-yueW 8T-Aeniqa4 gt-Alenuey LT-4aquiasaq £T-asnsny RESOURCES

  3. Slide 3: Elk Creek Produced Tons

    Elk Creek Produced Tons 160,000 lames Ram HWM. mmm Ram Surface mmm #2 Gas 120,000 mmm Eagle mmm Alma 002 mmm Alma 001 mmm Contract Miner 80,000 || ___ Total Monthly Tons 40,000 January-17 February-17 March-17 ‘August-17 RAMACO RESOURCES September-17 2017-18 Elk Creek Clean Tons Produced January-18 M

  4. Slide 4: 2018 Coal Sales – Domestic Tons Sold YTD

    2018 Coal Sales – Domestic Tons Sold YTD Domestic Tons Sold YTD (Metallurgical Unless Noted Otherwise) 19,697 Customer #1 - High Vol. 56,381 Customer #1 - Low Vol. Customer #2 241,558 Customer #3-High Vol. Customer #3-Spot 251,390 Customer #3-Low Vol. 9,882 Customer #4 87,432 Customer #5 Spot Steam

  5. Slide 5: 2019 Coal Sales – Domestic Tons Committed

    2019 Coal Sales – Domestic Tons Committed 2019 Domestic Tons Committed (Metallurgical Unless Noted Otherwise) Customer #1 - High Vol. 340,000 Customer #1 - Low Vol. 550,000 Customer #2 Customer #3 200,000 150,000 Total Domestic Tons 1,240,000 4

  6. Slide 6: Domestic Average Contract Sales Price Per Ton

    Domestic Average Contract Sales Price Per Ton (Excludes Spot and Potential Carryover Tons) Domestic 2019 Domestic 2018 $0 $20 $40 $60 $80 $100 $120 Domestic 2018 Domestic 2019 5

  7. Slide 7: 2018 Coal Sales – Export Tons Sold YTD

    2018 Coal Sales – Export Tons Sold YTD Export Tons Sold YTD (Metallurgical Unless Noted Otherwise) 23,247 36,637 117,849 Customer #1 Customer #2 118,261 Customer #3 Customer #4 - High Vol. 158,293 Customer #4 - Low Vol. Customer #5 160,595 Total Export Tons Including Spot Tons: 614,881 6

  8. Slide 8: 2018 And 2019 Export Commitments

    2018 And 2019 Export Commitments Tons Sold 250,000 210,199 201,496 200,000 150,000 117,849 118,261 100,000 88,000 88,000 76,500 52,037 50,000 23,247 0 Customer Customer Customer Customer Customer Customer #1 #2 #3 #4 - High #4 - Low #5 Vol. Vol. 2018 Export Commitments 2019 Export Commitments 723,08

  9. Slide 9: Elk Creek Processing Infrastructure – Proposed Bypass

    Elk Creek Processing Infrastructure – Proposed Bypass Belt System Location 8

  10. Slide 10: Ramaco Resources, Inc. Lexington, Kentucky

    Ramaco Resources, Inc. 250 West Main Street, Suite 1800 Lexington, Kentucky 40507

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