Iron Road Ltd · ASX:IRD
Iron Road — Investor Presentation (June 2016)
20 slides from Iron Road's investor presentation, Jun 16, 2016
Slide 1: Share Placement and Entitlement Offer
Share Placement and Entitlement Offer For personal use only 16 June 2016
Slide 2: Competent Persons' Statements
Competent Persons’ Statements Cautionary The information in this report that relates to the Inferred Mineral Resources (Oxide and Transitional) estimated for the Murphy South - Boo-Loo/Dolphin prospect is based on and fairly represents information and supporting documentation compiled by Mr Iain Sta
Slide 3: Cautionary Statements: Forward Looking Statements
Cautionary Forward Looking Statements This presentation contains certain statements with respect to future matters which may constitute "forward-looking statements". Such statements are only predictions and are subject to inherent risks and uncertainties which could cause actual values, results, Sta
Slide 4: Central Eyre Iron Project (CEIP)
Central Eyre Iron Project (CEIP) For personal use only
Slide 5: Maintaining Development Momentum
Maintaining • Key partners and relationships established Development • High quality concentrate, tested in real life conditions – the For personal use only Momentum product for the times • CEIP offers complete solution – from resource to steel mill • Important studies complete and government approva
Slide 6: Recently Announced Project Partners
Recently Announced For personal use only Project Partners Tripartite agreement with China Railway Group and Shansteel Strategic Co-operation Agreement with China Railway Group MOU with Emerald Grain (Sumitomo) 6
Slide 7: Tripartite Co-Operation Agreement
Tripartite Co-Operation Agreement For personal use only Historic agreement signed in April 2016 – designed to drive development of the CEIP Major event in the life of CEIP project Collectively advancing CEIP towards a Final Investment Decision over next 12 months These works will be funded l
Slide 8: Strategic Co-operation Agreement with China Railway Group
Strategic Co-operation Agreement with China Railway Group For personal use only o Signed Agreement 5 April 2016 with China Railway Oriental International Construction Corporation, a wholly owned subsidiary of China Railway Group Limited (CREC) o Underpins momentum towards Financial Close for CEIP o
Slide 9: MOU with Emerald Grain
MOU with Emerald Grain • For personal use only To explore potential use of CEIP’s port and rail infrastructure for grain exports • Subsidiary of major Japanese conglomerate, Sumitomo
Slide 10: Who is China Railway Group?
Who is China Railway Group? For personal use only Shanghai Port Beijing International Airport Terminal 3 China Railway Group has developed and built over 90% of the high-speed railway in China Also highways, marine works, tunnels (nearly 7000km), bridges (over 9000km), mineral resources, manufacturi
Slide 11: Who is Shandong Iron and Steel?
Who is Shandong Iron For personal use only and Steel? MOU signing between Shandong and Iron Road Steel production, ShanSteel H-Beams 7th largest producer of steel in China In 2014, Shandong Iron and Steel produced • 23.4 millions of tonnes of iron ore; and • 23.3 million tonnes of steel 100% owner o
Slide 12: Offer Overview
Offer Overview • Entitlement offer – 1 for 9 non-renounceable entitlement For personal use only offer at an offer price of $0.10 per share to raise up to $6.46 million (offer will not be underwritten) • Institutional placement – $1.05 million to certain institutional shareholders of Iron Road • Sent
Slide 13: Details of the Offer
Details of the Offer For personal use only • Institutional Placement and Sentient Placement to raise $4.8 million, before costs • Entitlement Offer to raise up to $6.46 million, before costs (expected to raise at least $4.43 million based on confirmations and indications received) Structure • Maximu
Slide 14: Offer Timeline
Offer Timeline Event Date For personal use only Announcement of Placements and Entitlement Offer Thursday, 16 June 2016 Ex-date Monday, 20 June 2016 Record date Tuesday, 21 June 2016 (7pm AEST) Despatch Notice of EGM, Offer booklet and Entitlement and Acceptance Forms Thursday, 23 June 2016 Entitlem
Slide 15: The Opportunity
The Strong relationships with major shareholders Opportunity • Sentient Fund IV has indicated their intention to participate in the Sentient Placement For personal use only (subject to shareholder approval) and Entitlement Offer • Directors Peter Cassidy and Ian Hume have indicated that they will fu
Slide 16: Investment Proposition
Investment High quality iron ore project •CEIP’s higher quality, lower emission product well placed to weather cyclical weakness in iron ore prices due to a competitive industry cost Proposition profile underpinned by definitive feasibility and optimisation studies For personal use only •3 party agr
Slide 17: Momentum is Building
Momentum is Project Commercialisation Programme over next Building For personal use only 12 months • Finalising bankable construction contracts • Iron concentrate sales contracts • Equity and Debt financing procurement • Building to Final Investment Decision Next Steps • CREC to provide consultancy
Slide 18: A time of volatility... is a time for opportunity
For personal use only A time of volatility... is a time for opportunity 动荡的时期…孕育着机会 Key project partners established Thirty years supply of premium product Benefits to customers quantified and understood Capital raising to support Iron Road through Project Commercialisation Programme
Slide 19: CEIP Ore Reserve Summary
Appendix 1 For personal use only CEIP Ore Reserve Summary Metric Tonnes Fe SiO2 Al2O3 Resource Classification (Mt) (%) (%) (%) Proved 2,131 15.55 53.78 12.85 Probable 1,550 14.40 58.58 12.64 Total 3,681 15.07 53.70 12.76 The Ore Reserves estimated for CEIP involving mine planning is based on and fai
Slide 20: CEIP Global Mineral Resource
Appendix 2 For personal use only Table 2 – CEIP Global Mineral Resource Tonnes Fe SiO2 Al2O3 P LOI Location Classification (Mt) (%) (%) (%) (%) (%) Measured 2,222 15.69 53.70 12.84 0.08 4.5 Murphy South/Rob Roy Indicated 474 15.6 53.7 12.8 0.08 4.5 Inferred 667 16 53 12 0.08 4.3 Boo-Loo/Dolphin Indi