Aguia Resources Limited · ASX:AGR
Aguia Resources — Investor Presentation (June 2017)
31 slides from Aguia Resources's investor presentation, Jun 20, 2017
Slide 1: Aguia Resources Limited June 2017
For personal use only June 2017 AGUIA Resources Limited ASX Code: AGR
Slide 2: Disclaimer
DISCLAIMER For personal use only This document has been prepared as a summary only, and does not contain all information about Aguia Resources Limited (the “Company”) assets and liabilities, financial position and performance, profits and losses, prospects and the rights and liabilities attaching to
Slide 3: AGUIA: A Brazilian Fertilizer Company
AGUIA: A Brazilian Fertilizer Company For personal use only Aguia Resources is focused on becoming the sole source of domestic phosphate supply to the fertilizer market in southern Brazil Manaus Sao Luis Trade-off studies completed as part of ongoing BFS indicating a significant reduction (up to
Slide 4: Global Agriculture Powerhouse
Global Agriculture Powerhouse World’s Largest Availability of Arable Land1 For personal use only 400 Global grain output will have to increase by 50% and meat output will have to increase by 200% 303 300 269 Hectares (million) to meet global demand based on FAO growth 219 projections 81 200 224 17
Slide 5: Domestic Cost Advantage
Domestic Cost Advantage For personal use only Brazil is the world’s 3rd largest consumer of fertilizer, but accounts for only 4% of global fertilizer production Brazil imports 65% of its phosphate and Southern Brazil is 100% reliant on phosphate imports with no new mines planned or under develop
Slide 6: Phosrock Price Forecast
Phosrock Price Forecast For personal use only PhosRock Prices – Cleared at Port of Rio Grande (US$/t) CAGR: 2.8% 241 251 224 230 212 218 199 201 207 189 189 195 181 175 177 183 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Source: Agroconsult (PEA) 6
Slide 7: Rio Grande Do Sul: Três Estradas
Rio Grande Do Sul: Três Estradas For personal use only JORC/43-101 compliant resource : 0.745Mt Measured @ 4.42% P2O5 15.07Mt Indicated @ 4.75% P2O5 58.9Mt Inferred @ 3.97% P2O51 38,000 meters of drilling now complete; full reserve expected end of August 2017 Sample from TRÊS ESTRADAS Rail
Slide 8: High-Grade Oxide Ore At Surface
High-Grade Oxide Ore At Surface For personal use only Shallow high-grade oxide in the first 25 meters from surface provides significant optionality with trade-off studies Shallow high- Focus of first grade oxide 4-5 years of from surface production 8
Slide 9: 2016/2017 Completed Drilling Campaign
2016/2017 Completed Drilling Campaign For personal use only Infill program to convert our inferred resources to measured and indicated Substantial ore horizon thickening has potential to improve strip ratio and reduce OPEX Drilling section 1250 NE of the Três Estradas deposit, showing the thicke
Slide 10: New Southeast Zone Discovery
New Southeast Zone Discovery New shallow discovery identified over +700 meters and remains open For personal use only Potential to increase shallow ore for early production Drilling section 950NE of the Três Estradas Insert on the bottom right shows cross Deposit, showing the new southeast zone
Slide 11: Rio Grande Do Sul Belt Consolidation
Rio Grande Do Sul Belt Consolidation For personal use only Adjacent targets being explored in an effort to expand the regional resource Option signed on 4,500 ha Terra Santa located adjacent to Três Estradas, expanding footprint by 30% Initial exploration underway in a zone where up to 11.57%
Slide 12: Mining Plan
Mining Plan For personal use only Open-pit truck and shovel operation mining Três Estradas 14 year life of mine 59 million tonnes of ROM mined with a strip ratio of 3.1:1 (waste to phosphate) ~50% increase in the mined tonnes compared to 2015 mining model Total phosphate rock production of
Slide 13: Processing Plant
Processing Plant For personal use only Production will be a +30% P2O5 concentrate with recoveries of approximately 80% Tailings of the phosphate rougher flotation will be subject to magnetic separation and mica flotation to produce high quality calcite concentrate Três Estradas has similar met
Slide 14: High Quality Calcite By-Product
High Quality Calcite By-Product For personal use only Metallurgical studies conducted by Eriez Flotation Division confirm a high quality calcite by-product suitable for aglime can be produced from the Três Estradas deposit1 From the rougher tailings of the phosphate flotation, a calcite concentr
Slide 15: Bankable Feasibility Study Fundamentals
Bankable Feasibility Study Fundamentals For personal use only Definition Phase Design Phase Nov/16 to Apr/17 Dec/17 Business and Engineering Alignment Fit for purpose Meeting – BEAM Differing structure when possible Mineral Reserve Simple administrative structures Collect Basic Data Cl
Slide 16: Engineering Trade-Off Studies
Engineering Trade-Off Studies For personal use only Highly experienced team of contractors engaged to develop the Bankable Feasibility Study of the Três Estradas Phosphate Project – now over 50% complete Production scale has been optimized, maximizing project value and establishing a seamless in
Slide 17: Major Advances Last Months
Major Advances Last 24 Months For personal use only Liquidity & Shareholder Base: Raised AUD$20M, increased institutional ownership to ~70% Conditional approval for dual listing on TSXV Signed MOU with strategic investor to conditionally fund 100% of debt for CAPEX Resource: Completed in exc
Slide 18: Objectives for Next Months
Objectives for Next 12 Months For personal use only Liquidity & Shareholder Base: Commence trading on the TSXV and develop a North American presence Finalize terms of project financing and commence offtake negotiations Resource: Issue new JORC/43-101 compliant resource based on results of infi
Slide 19: Experienced Board & Management
Experienced Board & Management For personal use only Justin Reid, Managing Director Paul Pint, Executive Chairman Geologist and capital markets executive with over 20 years Mr. Pint, is a capital markets professional with over 20 years of experience in experience focused exclusively in the mineral r
Slide 20: Local Photos
Local Photos For personal use only Photos (clockwise from top left): Yara’s facility at port of Rio Grande; TIMAC’s facility at port of Rio Grande; rolling countryside around Três Estradas; phosphate mineralization at surface; railway line that goes through the property 20
Slide 21: Capital Structure & Financing Activities
Capital Structure & Financing Activities Fully Diluted Equity For personal use only Ordinary Shares issued 90.8m AGR Performance 2017 YTD Options 3.45m Fully Diluted 94.25m Undiluted Market Cap at A$0.44 $41.5m (15 June 2017) Fully Diluted Market Cap at A$0.44 $49.3m 52 week range $0.36 – 0.73 Major
Slide 22: Rice paddies in Rio Grande do Sul
Rice paddies in Rio Grande do Sul – an example of local farming For personal use only 22
Slide 23: Pastures and fields of crops in Rio Grande do Sul
Pastures and fields of crops in Rio Grande do Sul For personal use only 23
Slide 24: Terrain at Três Estradas – cattle pastures
Terrain at Três Estradas – cattle pastures For personal use only 24
Slide 25: Terrain at Três Estradas – rolling farm fields
Terrain at Três Estradas – rolling farm fields with visible outcroppings at bottom right For personal use only 25
Slide 26: Rail line metres from edge of Três Estradas property
Rail line 200 metres from edge of Três Estradas property For personal use only 26
Slide 27: Thank You
For personal use only THANK YOU
Slide 28: Competent Persons Statement
Competent Persons Statement For personal use only The Três Estradas Phosphate Project has a current JORC/43-101 compliant mineral resource which includes Measured Resources of 0.745 Mt grading 4.42% P2O5. Indicated Resources of 15.07 Mt @ 4.75% P2O5 and Inferred Resources of 58.9 Mt @ 3.97% P2O5. Th
Slide 29: Enquiries and Offices
For personal use only Enquiries: Registered Office Head Office Suite 2, Level 10 Rua Antonio de Albuquerque, Justin Reid, Managing Director 70 Phillip Street 156 15º andar - Funcionarios jreid@aguiaresources.com.au Sydney NSW 2000, Belo Horizonte – MG, Brazil Australia Tel: +55 31 350 55200 Catherin
Slide 30: Três Estradas Mineral Resource
Três Estradas Mineral Resource For personal use only CaO as Resource Tonnage P2O5 CaO P2O5 as Domain Calcite Classification (T X 1,000) (%) (%) Apatite (%) (%) WMCBT 204 5.23 35.58 12.38 63.68 Measured MCBT 541 4.11 34.44 9.75 61.63 Total Measured Resources 745 4.42 34.75 10.47 62.19 Total pit-con
Slide 31: Principle Assumptions
Principle Assumptions For personal use only The Preliminary Economic Assessment (PEA) referred to in this presentation relies on the following assumptions: A long term price of USD$ 210/t phosrock for the entire Life of Mine. The price forecast reflects average prices cleared at the main Southern