Nordic Mining Asa · OSL:NOM
Nordic Mining Asa — Q4 2016 Earnings Presentation
25 slides from Nordic Mining Asa's earnings presentation, Feb 21, 2017
Slide 1: Minerals for a sustainable future
Ti Pt Lighter aircrafts Clean air Pd Minerals for a sustainable future OAX: NOM Electric cars Li Renewable energy Si 1
Slide 2: Q4 2016 Presentation
OAX: NOM Q4 2016 Presentation Oslo, 21 February 2017 Exploration and production of high-end minerals and metals Nordic Mining ASA | N-0250 Oslo | Norway | Tel +47 22 94 77 90 | Fax +47 22 94 77 01 | Org. no 989 796 739 | post@nordicmining.com 2
Slide 3: Disclaimer
Disclaimer This document has been used by Nordic Mining during an oral presentation. Therefore, this document is incomplete without the oral explanations, comments and supporting instruments that were submitted during the referred presentation. To the extent permitted by law, no representation or wa
Slide 4: Introduction, Financial status, Update on projects
1. Introduction 2. Financial status 3. Update on projects - Keliber by CEO Pertti Lamberg - Engebø rutile and garnet 4. Questions
Slide 5: Developing high-value assets in the Nordic Region
Developing high-value assets in the Nordic Region Platinum, Palladium Titanium - natural rutile (100%) High Purity Quartz Lithium (25%) Seabed minerals 5
Slide 6: Diverse and unique properties, key to a greener society
Ti Diverse and unique properties Key to a greener society Li 6
Slide 7: Introduction, Financial status, Update on projects
1. Introduction 2. Financial status 3. Update on projects - Keliber by CEO Pertti Lamberg - Engebø rutile and garnet 4. Questions
Slide 8: Consolidated Income Statements
Consolidated Income Statements Q4-2016 Q4-2015 Acc. 2016 2015 Unaudited Unaudited Amounts in NOK million Unaudited Audited - - Sales - - (2.1) (1.2) Payroll and related costs (7.8) (6.6) - - Share-based payment (1.4) - - - Impairment of exploration assets (1.3) - (6.6) (1.7) Other operating expences
Slide 9: Consolidated Statements of Financial Position
Consolidated Statements of Financial Position 31.12.2016 31.12.2015 Amounts in NOK million Unaudited Audited ASSETS Evaluation and exploration assets 21.2 9.8 Property, plant and equipment 0.3 0.1 Investment in an associate 15.0 6.2 Total non-current assets 36.6 16.1 Cash 66.1 29.8 Trade and other r
Slide 10: Reverse share split completed in December 2016
Reverse share split completed in December 2016 • A reverse share split was completed 8 December 2016 • The reverse split was executed at a ratio of 6:1 (6 old shares gave 1 new share) • New par value of the Nordic Mining share is NOK 0.60 10
Slide 11: Private placement completed in December 2016/January 2017
Private placement completed in December 2016/January 2017 • Private placement with gross proceeds of NOK 26.7 million completed • Four investors subscribed (in two tranches) 8,620,000 shares at a price of NOK 3.10 per share • The following investors subscribed in the issue: • Spencer Trading AS • A
Slide 12: Shareholder structure and share price development
Shareholder structure and share price development Largest shareholders* Share overview and share price development* Name of shareholder No. of shares % Share overview 1 NORDNET BANK AB (NOMINEE) 8 362 717 8,8 % Number of issued shares 94 825 468 2 NORDEA BANK FINLAND (NOMINEE) 4 406 641 4,6 % Owned
Slide 13: Introduction, Financial status, Update on projects
1. Introduction 2. Financial status 3. Update on projects - Keliber by CEO Pertti Lamberg - Engebø rutile and garnet 4. Questions
Slide 14: Introduction, Financial status, Update on projects
1. Introduction 2. Financial status 3. Update on projects - Keliber by CEO Pertti Lamberg - Engebø rutile and garnet 4. Questions
Slide 15: Engebø rutile and garnet
Engebø rutile and garnet One of the world’s largest deposits of natural rutile Highest grade among current producers and projects Significant content of garnet Impurities at background levels Located next to tidal waters and European markets Permitted for 50 years of operation 1 5
Slide 16: ESA has closed complaint cases regarding the Engebø tailings deposit
ESA has closed complaint cases regarding the Engebø tailings deposit 1 6
Slide 17: Rutile concentrate has three main applications
Rutile concentrate has three main applications: Ti Titanium (12%) TiO2 Pigment (64%) 93 - 95% TiO2 790,000 tpa TiO2 Welding rods (24%) Titanium has unique properties both as oxide and metal
Slide 18: Garnet, mineral with a growing market
Garnet, mineral with a growing market ● Primary markets for garnet are in waterjet cutting, abrasives, blasting and water filtration Waterjet cutting ● In waterjet cutting, garnet is the dominant abrasive medium ● Previous test work has demonstrated that Engebø garnet is of high quality, well suited
Slide 19: Compact orebody with significant resource potential
Compact orebody with significant resource potential 1 km Dual mineral project with good scaleability 19
Slide 20: PFS – study, status of ongoing activities
PFS – study, status of ongoing activities Comprehensive test work program is challenging the time schedule Communition and processing • Processing is key to achieve the right quality products at viable recoveries • Wet processing test work (gravimetric and magnetic) has been completed with good resu
Slide 21: PFS – study, progress of work packages
PFS – study, progress of work packages 2016 2017 Activities Aug. Sept. Oct.. Nov. Des. Jan. Feb. Mar. Apr Mai Jun. Jul. Resources & Reserves Mining Phase 1 Phase 2 Crushing - Milling Processing Tailings & Waste rock Infrastructure Engineering Market Financial analyses Phase 1 PFS report PFS completi
Slide 22: Timeline and milestones towards production
Timeline and milestones towards production 2016 2017 2018 2019 Resource classification Process testwork Water & power supply Eng. & cost review Pre-feasibility Study Pilot production Basic engineering Market/offtake Def. feasibility study (DFS) Project financing FEED Investment decision Sufficiently
Slide 23: Lithium Titanate LTO high performance cells
Lithium Titanate LTO high performance cells Get the real LTO cells and realted products from GWL - click here The advantages of Lithium Titanate Oxide (lithium titanium oxide) battery technology are significant and they are incorporating a number of economical as well as ecological aspects that are
Slide 24: Introduction, Financial status, Update on projects
1. Introduction 2. Financial status 3. Update on projects - Keliber by CEO Pertti Lamberg - Engebø rutile and garnet 4. Questions
Slide 25: Safety – Environment - Innovation
Safety – Environment - Innovation www.nordicmining.com 2 5