Quantum Graphite Ltd · ASX:QGL
Quantum Graphite — Shareholder Meeting (November 2019)
29 slides from Quantum Graphite's shareholder meeting presentation, Nov 27, 2019
Slide 1: Annual General Meeting
Annual General Meeting 27 November 2019
Slide 2: Disclaimer
Disclaimer This presentation includes certain statements that may be deemed forward-looking statements. All statements ln these presentation materials (other than statements of historical facts) which address future production, reserve potential, exploration activities and events or developments tha
Slide 3: Agenda
Agenda 1. Formal Business 2. Recap of developments since 2018 AGM (November 2019) – Corporate – Full Metallurgical Results – Updated Mineral Resource Estimate – Updated Mining Study 3. Definitive Feasibility Study Update and Q & A Meeting Close
Slide 4: Formal Business
Formal Business Annual Financial Report – 2019 To receive and consider the 2019 Annual Financial Report of the Company and its controlled entities and the reports of the Directors and of the Auditors for the financial year ended 30 June 2019. Resolution Business For Against Abstain Open 1 Remunerati
Slide 5: Formal Business
Formal Business Resolution Business For Against Abstain Open 5a Issue of Shares for Future Remuneration to Sal Catalano 1,410,489,112 64,839,335 12,602,364 769,395,331 5b Issue of Shares for Future Remuneration to Steven Chadwick 2,748,575,433 64,839,335 48,602,364 769,395,331 5c Issue of Shares for
Slide 6: Corporate
Corporate Unmarketable Parcels • Total of 58,233,563 shares sold on behalf of 3,151 shareholders • Average market price achieved, 0.30 cents per share • Manageable shareholder number now approx. 1,040 Consolidation • Issued share capital to be consolidated on the basis of 1 for 35 Shares • Estimate
Slide 7: Metallurgical Results
Metallurgical Results Comprehensive metallurgical test work program completed • Includes all variations of carbon (C) within Uley 2 over LOM • At an average grade of approx. 12% graphitic carbon (gC) Results highlights • Medium to Extra-Large Flake material supporting 73% of overall production of gr
Slide 8: Mineral Resource Estimate
Mineral Resource Estimate MRE Highlights • 117% increase in Measured Resources • 39% increase in Total Resources to 6.31 million tonnes at an average grade of 11.1% total graphitic carbon (TGC) • 79% or 5.0 million tonnes of Total Resources are classified in the Measured and Indicated categories Cla
Slide 9: DFS Update and Q & A
DFS Update and Q & A DFS in final stages • DFS results expected to be announced next month and will provide the Uley 2 base case scope, schedule and budget • The Mining Study and Ore Reserve Estimate, announced today, was the final of the critical technical studies necessary for completion of the DF
Slide 10: Close of Meeting
2019 Annual General Meeting Close of Meeting
Slide 11: Investor Presentation
Investor Presentation 27 November 2019
Slide 12: Uley 2 Process Plant Layout
Quantum Graphite Uley 2 Process Plant Layout
Slide 13: At a Glance…
At a Glance… Structure Key Assets and Permitting • Shares on Issue (on a fully diluted basis • JORC 2012 Mineral Resources of post consolidation) approx. 6.3 million tonnes at average grade 218.875million of graphitic C of 11.1% of which 5.0 million tonnes @ 11.2% constitutes • Top 50 Shareholders J
Slide 14: Geology and Mineral Resources
Uley 2 Geology and Mineral Resources
Slide 15: Geometallurgical Domains
Geometallurgical Domains Geodomain code Description Fresh Unweathered mineralisation Saprock Moderately weathered mineralisation Saprolite Highly weathered mineralisation Carbonate Elevated C as CO3 (>1%) mineralisation Clay Clay mineralisation
Slide 16: Mineralisation
Mineralisation • 5 domains based on mineralogy, weathering and carbonate content • Used to guide sampling for metallurgical testwork
Slide 17: Exploration Strategy
Exploration Strategy Targets generated from electromagnetic surveys 1. Eastern conductor 2. Central conductor (interpreted to host the Uley 2 Resource) 3. Western conductor The Western, Central and Eastern Conductors, all located within the Mining and Retention Lease boundaries, represent large and
Slide 18: Eastern Conductor
Eastern Conductor • 3 drill holes intersecting high-grade mineralisation within the eastern conductor • Orientation of mineralisation is similar to the high-grade folding at Uley 2 • Opportunity for an eastern extension of Uley 2
Slide 19: Central and Western Conductor
Central and Western Conductor • Drilling at the central conductor is limited to the Uley 2 Resource and a single drill hole to the south • High grade mineralisation is interpreted at the southern extension of the Resource and likely to extend south • Drilling at the western conductor is limited to t
Slide 20: Metallurgy and Processing
Uley 2 Metallurgy and Processing
Slide 21: Uley 2
Uley 2 Flyover inserted here…
Slide 22: Uley 2 Hold Flowsheet
Quantum Graphite Mining t Crushing { SAG Mill Oversize ‘Scrubbing, ¥ Slimes Tailings Destiming v Tailings Rougher Floatation Concentrate v Polishing 1. ¥ Drying LPG ‘Screening (4 Fractions) Bagging ‘ $$$ Cleaner 1 Overfiow Decant Make-up Concentrate v Reagents (as required) Polishing 2 7 Cleaner 2 T
Slide 23: Control of Clay Critical
Control of Clay Critical Clay • Control of clay is critical for optimum flotation and reuse of water • Represent 3% of LOM ore, but much higher percentage initially at surface • Mine schedule modified to stockpile clay to waste or blend into feed Comminution • Ore is soft and not abrasive; sizer cru
Slide 24: Floatation and Polishing
Floatation and Polishing Slimes/clay treatment • Rejection via cycloning Flotation/polishing process • Graphite floats readily - single stage rougher floatation plus 4 stages sequential polishing and cleaning o Polishing stages 1 & 2 via conventional horizontal ball mills o Polishing stages 3 & 4 vi
Slide 25: Other Processes
Other Processes Filtration & Drying • Via plate and frame filter, followed by LPG fired rotary dryer Screening & Bagging • Via gyratory motion screens into 4 fractions; bagging on dayshift only • Significant coarse graphite production Thickening & Tailing Deposition • Via conventional thickener • HD
Slide 26: Costs and Opportunities
Costs and Opportunities Major Cost Centres • These represent opportunities for further improvement o Labour o Power o Water o LPG o Concentrate bags Further Opportunities • Mine scheduling, to avoid current high up front and rehandling cost • Increased production; plant design already allows this •
Slide 27: Marketing Overview
Quantum Graphite Uley 2 Marketing Overview
Slide 28: Dual Market Strategy plus Optionality
Dual Market Strategy plus Optionality Refractories/Thermal Applications: Exploit previous customer relationships • Target early sales to established/major Western European refractory manufacturers previously supplied by the company • Identify other major refractory manufacturers (outside of China) r
Slide 29: Disclaimer
Disclaimer This presentation includes certain statements that may be deemed forward-looking statements. All statements ln these presentation materials (other than statements of historical facts) which address future production, reserve potential, exploration activities & events or developments that
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