Orion Minerals Limited · ASX:ORN
Orion Minerals — Investor Presentation (April 2019)
17 slides from Orion Minerals's investor presentation, Apr 16, 2019
Slide 1: Pivotal BEE Transactions and Capital Raising
For personal use only ASX/JSE: ORN ASX/JSE: ORN Pivotal BEE Transactions and Capital Raising Developing a 21st century South African zinc-copper mine PAGE Media Presentation 2019
Slide 2: Disclaimer
DISCLAIMER For personal use only This presentation contains summary information about Orion Minerals • may include, among other things, statements regarding bodies corporate and affiliates and their officers, employees, agents, Ltd and its subsidiaries (Orion or Company) and their activities and is
Slide 3: Overview: A New Generation African Base Metal Mine Developer
OVERVIEW: A NEW GENERATION AFRICAN BASE METAL MINE DEVELOPER For personal use only • Fast-tracking development of the Prieska Zinc-Copper Project, Northern Cape, South Africa • Robust 10-year, Phase 1 Project outlined by December 2018 Scoping Study • Bankable Feasibility Study on track for Q2 2019;
Slide 4: Prieska: Reawakening a Global VMS Giant
PRIESKA: REAWAKENING A GLOBAL VMS GIANT For personal use only • Located in Northern Cape Province, 270km south-west of regional capital, Kimberley • Established mining region, yet least populous region of South Africa • Historically mined by AngloVaal (1971-1991) Skorpion/ • Recorded historical prod
Slide 5: Scoping Study: Confirms Robust Phase 1, 10-Year Project
SCOPING STUDY: CONFIRMS ROBUST PHASE 1, 10-YEAR PROJECT For personal use only Price and FX assumptions Unit Estimated value Financial performance Unit Estimated value Metal price – Cu (USD3.00/lb) USD/t 6,614 NPV (pre-tax) @12.5% discount rate AUD m 400 – 440 Metal price – Zn (USD1.30/lb) USD/t 2,86
Slide 6: A Dominant Land-Holding in an Under-Explored Belt
A DOMINANT LAND-HOLDING IN AN UNDER-EXPLORED BELT For personal use only • Highly prospective yet under-explored mineral province • 22 identified VMS occurrences historically confirmed by major mining houses • Reputed to have the highest concentration of zinc on the African continent1: • Large-scale
Slide 7: Prieska: Timeline to Development
PRIESKA: TIMELINE TO DEVELOPMENT For personal use only 1 2 3 Complete Prieska Project BFS Expand and upgrade Execute exploration program on highly Prieska Project resource prospective prospecting rights • Updated Deep Sulphide Resource and Scoping Study completed December 2018 • In parallel to BFS,
Slide 8: What the Changing Regulatory Landscape Means for Orion
WHAT THE CHANGING REGULATORY LANDSCAPE MEANS FOR ORION For personal use only Focus on creating meaningful empowerment structures • Exploration free of any BEE or Mining Charter impositions – aims to encourage greenfields exploration Orion • For Repli Mining Rights, 5 years to achieve 30% BEE ownersh
Slide 9: Intended Simplified Final Group Structure
INTENDED SIMPLIFIED FINAL GROUP STRUCTURE For personal use only Existing, current BEE New BEE entrepreneurs Orion entrepreneurs 100% 2 x BEE HoldCo (separate HoldCo for North and Prieska) North North 70% 20% Prieska Prieska Employees Community Employees Community Trust Trust Trust Trust North Employ
Slide 10: Community Engagement: Doing It Right from the Start
COMMUNITY ENGAGEMENT DOING IT RIGHT FROM THE START For personal use only Our communities are at the heart of our corporate responsibility activities. Some of the initiatives we have already undertaken include: • MoU with Siyathemba Local Municipality to cooperate on key community development initiat
Slide 11: Partner Profiles (BEE HoldCo): Black Star
PARTNER PROFILES (BEE HOLDCO) BLACK STAR For personal use only Black Star Minerals is a 75% black-female-owned mining investment business led by Prieska Born Jowell Tobias and business partner Sharon Matthews. Jowell Tobias spent almost 8 years at the Industrial Development Corporation and is an exp
Slide 12: Partner Profiles (BEE HoldCo): Kolobe Nala
PARTNER PROFILES (BEE HOLDCO) KOLOBE NALA For personal use only Kolobe Nala Investment Company is a family-owned company led by Billy Mawasha. Until six months ago, Billy was Rio Tinto Country Head for South Africa and the Managing Director of Richards Bay Minerals. He has a B.SC (Eng) (Electrical)
Slide 13: Partner Profiles (ORN Listed): Ubhejane
PARTNER PROFILES (ORN LISTED) UBHEJANE For personal use only Ubhejane Resource Investments is a resource investment company Godfrey Gomwe has extensive experience as an that was recently formed by long standing colleagues and business executive in metals and mining industries. He is the partners wit
Slide 14: Board of Directors
BOARD OF DIRECTORS For personal use only Denis Waddell Errol Smart Alexander Haller Mark Palmer Godfrey Gomwe Tom Borman Chairman Managing Director & Non-Executive Director Non-Executive Director Non-Executive Director Non-Executive Director Chief Executive Officer Denis is a Chartered Errol is a Ge
Slide 15: Senior Management
SENIOR MANAGEMENT For personal use only Errol Smart Martin Bouwmeester Walter Shamu Michelle Jenkins Louw van Schalkwyk Nelson Mosiapoa Managing Director & Chief Financial Officer & Chief Operating Officer Executive: Finance & Executive: Exploration Group Corporate Social Chief Executive Officer Com
Slide 16: Corporate Structure
CORPORATE STRUCTURE For personal use only Post Capital Primary listing on the ASX. Capital structure summary Current Raising1 Secondary listing on Main Board of the Johannesburg Shares on issue 1,874M 2,074M Stock Exchange. Options on issue 114M 215M Post capital Significant shareholders % Market ca
Slide 17: For further information, contact
For personal use only For further information, contact: Orion Minerals Limited Phone: +61 (0)3 8080 7170 Email: info@orionminerals.com.au ASX/JSE: ORN Website: www.orionminerals.com.au PAGE