Elementos Limited · ASX:ELT
Elementos — Gold Coast Investment Showcase (June 2021)
26 slides from Elementos's conference presentation, Jun 24, 2021
Slide 1: Tin for an Electric Tomorrow
ASX:ELT TIN FOR AN ELECTRIC TOMORROW For personal use only Investor Presentation June 2021
Slide 2: Cautionary statement
Cautionary statement For personal use only The Economic Study (Study) referred to in this announcement has been undertaken for the purpose of assessing the technical and economic Statements in this release regarding the Elementos business or proposed business, which are not historical facts, are for
Slide 3: Corporate overview
Corporate overview Mark Wellings (Eurotin) 9.1% For personal use only Share price Market capitalisation Directors & $A0.018 $69.4m Management 18 June 2021 18 June 2021 12.5% 52 week high 0.024c, low $0.010c Shares on issue Cash Keo 3,858m $7.56m Projects 2.6% 18 June 2021 31 March 2021 balance and $
Slide 4: What metal is most impacted by new technology and electrification?
Q For personal use only What metal is most impacted by new technology and electrification? A It’s elementary. Tin, for its use in ASX:ELT batteries and as an electrical contact. elementos.com.au 4
Slide 5: Tin for an electric tomorrow
Tin for an electric tomorrow Source: Rio Tinto | MIT For personal use only Tin is key electrical contact ASX:ELT in electronic circuits (solder). Plays role in battery anodes, chemical stabilizers and the elementos.com.au humble tin can (tin plate). 5
Slide 6: Tin remains at near historic highs in June 2021
Tin remains at near historic highs in June 2021 For personal use only • Prices increased this year on the LME Spot Tin Price US$/tonne back of declining stockpiles and 40K 18 June 2021 strong industrial demand particularly US$31,709 for semi-conductors and electronics. 35K • Tin spot prices have rem
Slide 7: Tin is now mainstream news
Tin is now mainstream news For personal use only ASX:ELT elementos.com.au 7
Slide 8: New tin production required
New tin production required For personal use only • Global tin demand is steadily increasing as it services the technology revolution. • Electronics, communications, IT, renewable energy, and electric vehicles all need more tin. • Very few low risk Environmental, Social, Governance (ESG) projects in
Slide 9: Tin for an electric tomorrow
Tin for an electric tomorrow For personal use only Our vision is to become a major global tin producer. • Two world class tin projects with large JORC Resource • 44-hole resource drill program currently underway at bases and significant exploration potential in mining- Oropesa. friendly (non-conflic
Slide 10: Five value catalysts
Five value catalysts 05 For personal use only Unlock value from the 04 Cleveland Tin Project in Tasmania via drilling and engineering Feasibility study 03 development. completion, declare maiden JORC Ore Reserve, finalise Finalise Oropesa offtake and financing. 02 environmental and permitting, ASX:E
Slide 11: Oropesa Tin Project
Oropesa Tin Project For personal use only • Project acquired in 2019 (100%) with more than US$26 million historically invested in project development. • Planned open-cut mining operation and conventional processing facility producing tin concentrates to be shipped to smelters in Europe and Asia. • S
Slide 12: Oropesa Tin Project - JORC Resources
Oropesa Tin Project For personal use only One of the world’s highest JORC Resources1 grade open-cut tin projects Measured Indicated Sub Total Inferred Total 0.33 Mt 9.01 Mt 9.34 Mt 3.20 Mt 12.54 Mt • May 2020 Economic Study 1.09% Sn 0.53% Sn 0.55% Sn 0.52% Sn 0.54% Sn Production Target derived from
Slide 13: Oropesa Tin Project - Economic Study (May 2020)
Oropesa Tin Project For personal use only Economic Study (May 2020) Oropesa Economic Study follows extensive drilling, geological, geotechnical, feasibility and metallurgical test work programs over more than 10 years. Annual ore feed Annual metal production Tin price Annual gross revenue Gross reve
Slide 14: Oropesa Economics Sensitivity Net Present Value 8%
Oropesa Tin Project For personal use only Economics Sensitivity Net Present Value 8% US$94.3m Tin price US$19,750/tonne (Economic Study) US$333.9m ASX:ELT Spot tin price US$31,709/tonne elementos.com.au (www.lme.com, 18 June 2021) 14
Slide 15: Oropesa Tin Project cash cost position
Oropesa Tin Project For personal use only • Oropesa cash cost compares favourably Potential to be bottom quartile cash cost against other tin developments around the world. Cash cost (US$/tonne of tin) • Resource optimisation 40,000 and drilling program has potential to improve project economics. 30
Slide 16: Oropesa Tin Project Geological Program
Oropesa Tin Project For personal use only Geological Program Drilling and optimisation Economic Study outcomes were positive but there were a number of geological goals identified that have the potential started in October 2020 with to enhance the project’s economics. the goal of increasing Oropesa’
Slide 17: Oropesa Feasibility Development Programs
Oropesa Tin Project For personal use only Feasibility Development Programs Elementos has commenced The programs will optimise previously identified opportunities, mitigate previously identified risks and generally increase the feasibility development maturity level of engineering for the project. pr
Slide 18: Exploration drilling program on track
Oropesa Tin Project For personal use only Exploration drilling program on track Drilling update: to deliver on its stated goals 37 holes completed 1 currently underway 6 remaining Shallow mineralisation target ASX:ELT elementos.com.au 500m 18
Slide 19: Cleveland Tin Project
Cleveland Tin Project For personal use only • Cleveland Tin Project (100%-owned) located in mineral rich north- west Tasmania. • Operated as an underground mine by Aberfoyle Resources from 1968 to 1986 – demonstrated mining and metallurgical outcomes. • Significant endowment of tin-copper tailings,
Slide 20: Cleveland Tin Project - Exploration
Cleveland Tin Project - Exploration For personal use only Exploration activities at the • Initial reconnaissance geological confirmation mapping and rock chip sampling in February has confirmed the Cleveland Project resumed in prospectivity of the untested anomalies which were first identified by a
Slide 21: Cleveland Tin Project – 2021 Drilling Program
Cleveland Tin Project – 2021 Drilling Program For personal use only • The company will drill four diamond drill holes (for a total of 1,000m) later this year after final approvals are received. This drilling will test for tin and copper mineralisation along strike and to the northeast of the histori
Slide 22: Strong Leadership
Strong Leadership For personal use only Our team has extensive experience in the mining and resources sector with vast expertise in project acquisition and Andy Greig Chris Dunks Joe David development. Non-Exec Chairman Executive Director Chief Executive Officer ASX:ELT Andy has 35 years of experien
Slide 23: Strong Leadership
Strong Leadership For personal use only Corey Nolan Calvin Treacy Brett Smith Non-Exec Director Non-Exec Director Non-Exec Director ASX:ELT Corey is an accomplished public Calvin has over 20 years senior Mr Smith has over 30 years’ experience company director whose 30-year career management experien
Slide 24: Why invest?
Why invest? For personal use only 01 03 May 2020 Updated Economic Study shows very Strategy to become a significant global tin producer strong investment case for the Oropesa Tin Project. within five years. Tin price forecasts show strong commodity pricing for the foreseeable future – underpinning a
Slide 25: Disclaimer
Disclaimer For personal use only Forward-looking statements *8 – “Cleveland Tin Project –Exploration Re-Commences” released on 4th March 2021.The Company also confirms that all material assumptions and technical parameters underpinning the estimates in the This document may contain certain forward-l
Slide 26: Get in touch
Get in touch For personal use only Joe David Elementos Limited Level 6, 10 Market Street Chief Executive Officer Brisbane Queensland 4000 0419 187 430 Phone: +61 7 3212 6299 jd@elementos.com.au elementos.com.au
Elementos — Gold Coast Investment Showcase (June 2021) on 6ix