Metal Bank Ltd · ASX:MBK
Metal Bank — Investor Presentation (July 2012)
15 slides from Metal Bank's investor presentation, Aug 1, 2012
Slide 1: Metal Bank Limited to be renamed Scott Creek Coal Limited
For personal use only Metal Bank Limited to be renamed* to Scott Creek Coal Limited Coking coal in the Bowen Basin, Qld July 2012 *Subject to Shareholder Approval 1
Slide 2: Acquisition of Scott Creek Coal
Acquisition of Scott Creek Coal For personal use only • Metal Bank Limited (MBK) is to acquire 100% of Scott Creek Coal Pty Limited (SCC) for 57.125 million shares, plus a potential milestone payment of 20 million shares, subject to conditions. • MBK to be renamed to “Scott Creek Coal Limited” as pa
Slide 3: Investment Highlights
Investment Highlights For personal use only • SCC intends to grow its Queensland coking coal focus • All of the current EPCs have the potential for the discovery of coking and/or PCI coal • All of the projects are in close proximity to existing coking/PCI coal mines • Flagship project next to Peabod
Slide 4: Location of SCC Tenements
Location of SCC Tenements For personal use only Location Map Bowen Basin Queensland and Scott Creek tenement area (red) 4
Slide 5: EPC 2235 (100%) Location and Infrastructure
EPC 2235 (100%) For personal use only Location and Infrastructure: • Granted EPC located 25km east of Moranbah in northern Bowen basin • Adjoins Peabody Energy’s Millennium coal mine expansion project • The Peak Downs Highway is 3km north of the tenement and EPC 2235 is located within 10km of an exi
Slide 6: EPC 2235 (100%) Exploration Potential
EPC 2235 (100%) For personal use only Exploration Potential: • Three coal seams potentially occur within tenement (in descending order) – Leichhardt – Millennium – Vermont • At the Millennium mine; Previous Exploration: – Leichhardt is 4-5m thick • Two historic holes drilled at the west side – Mille
Slide 7: EPC 2381 (100%) Location and Infrastructure
EPC 2381 (100%) For personal use only Location and Infrastructure: • Granted EPC, 180km west of Mackay • Directly west of BMA’s Norwich Park coking coal mine • Project is traversed by the Middlemount Road and is within 1km of the main railway line to Mackay • Anglo Coal and BHP Coal also hold nearby
Slide 8: EPC 2381 (100%) Previous Exploration and Potential
EPC 2381 (100%) For personal use only Previous Exploration: Exploration Potential: • Regional program of drilling by • Drilling is required to determine if: Queensland Geological Survey (QGS) – – Intrusive activity has affected 1973-1975 potential coal seam(s) – The identified regional seam sub- • N
Slide 9: EPC 2636/2641 Priority Applications
EPC 2636/2641 Priority Applications For personal use only Location and Infrastructure: • SCC holds applications for EPC 2636 and 2641, covering 24km2 area, located 170km west of Mackay • Project area located just 10km from Peabody’s Olive Downs development-stage project • Project area is around 18km
Slide 10: EPC 2636/2641 Priority Applications: Exploration Potential
EPC 2636/2641 Priority Applications For personal use only Previous Exploration: Exploration Potential: • No data on the coal seams within EPC • Due to proximity to Olive Downs: 2636 and 2641 – Leichhardt & Vermont seams • But at Olive Downs (10km west) potentially occur within project area Leichhard
Slide 11: Other MBK Assets
Other MBK Assets For personal use only MBK owns the following exploration assets: Spinifex Ridge East Bowen Basin Assets • 80% interest in a copper and iron ore • EPM 15668, located 30km west of the project in WA town of Bowen. EPM is prospective for • Adjacent to Moly Mines’ (ASX: MOL) low-tonnage,
Slide 12: Corporate
Corporate For personal use only • Capital structure of MBK assuming that all approvals are granted by shareholders and the Company issues 40 million ordinary shares: Existing Shares on Issue 52,485,001 (including 11,350,000 Ordinary Shares under escrow until 2 March 2013) Ordinary Shares to be issue
Slide 13: Board
Board For personal use only The Board to be in place following approvals is as follows: Name Role Background Non Executive 30 years of Accounting and Corporate Finance experience. Substantial Vince Fayad Chairman experience in the mining and resource industry. Qualified Engineer with 30 years experi
Slide 14: Contact Us
For personal use only CONTACT US Guy Robertson Company Secretary (612) 9078 7670 guy@alexandercable.com.au
Slide 15: Disclaimer
Disclaimer For personal use only This presentation has been prepared by Metal Bank Limited (“MBL”) or the “Company”). It should not be considered as an offer or invitation to subscribe for, or purchase, any securities in the Company or as an inducement to make an offer or invitation with respect to