Grange Resources Limited · ASX:GRR
Grange Resources — Investor Presentation (July 2014)
15 slides from Grange Resources's investor presentation, Jul 4, 2014
Slide 1: Investor Presentation - China
For personal use only Australia’s most experienced magnetite producer Investor Presentation - China 4 July 2014
Slide 2: Disclaimer
Disclaimer For personal use only The material in this presentation (“material”) is not and does not constitute an offer, invitation or recommendation to subscribe for, or purchase, any security in Grange Resources Limited (“GRR”) nor does it form the basis of any contract or commitment. GRR makes no
Slide 3: Company Highlights
Company Highlights For personal use only Most EXPERIENCED magnetite producer Over 45 years of operational experience at Savage River STRONG Safety Culture Over 1,430 days LTI free LONG LIFE producer of PREMIUM iron ore pellets High quality ore reserves (52% DTR) producing 65.5% Fe BF pellets S
Slide 4: Company Snapshot
Company Snapshot For personal use only Capital Structure (A$) Share Price and Volume Ordinary Shares on issue 30 June 2014 1,157m Share Price 30 June 2014 $0.16 Market Capitalisation 30 June 2014 $185m Cash and Term Deposits 31 March 2014 $146m Current Ownership Structure (30 June 2014) Research Cov
Slide 5: 2014 - Continuing to Focus on the Basics
2014 - Continuing to Focus on the Basics For personal use only Our fundamentals are very sound Experienced magnetite producer with a long life project close to the Asian market Producer of a high quality iron ore product (65.5% Fe) that receives a premium price over lump and fines Strong bal
Slide 6: 2014 - Year To Date Highlights
2014 - Year To Date Highlights For personal use only STAYING WITH THE BASICS Exceptional safety record continues Over 1,430 days Lost Time Injury Free Successfully completed an expanded annual common equipment shutdown Completed additional preparatory work for AG Mill replacement Minimised
Slide 7: 2014 - Year To Date Highlights
2014 - Year To Date Highlights Maintained access to high grade ore through For personal use only continued investment in mine development Weight recovery averaged 50% during the March 2014 quarter, an increase of approximately 56% from the March 2013 quarter Pellet production of 504,170 for th
Slide 8: 2014 - Year To Date Highlights
2014 - Year To Date Highlights For personal use only Navigating through a challenging iron ore market We are seeing growing interest from alternate markets such as Japan, India, Malaysia and the Middle East, and actively negotiating sales into these markets Continue to attract a quality premiu
Slide 9: Assets Strategy
Assets Strategy For personal use only Australia’s Most Experienced Magnetite Producer Savage River (100%) Southdown Project (70%) Focusing on Reassessing the the fundamentals project concept Quality assets in Tasmania and Western Australia. 4 July 2014 – Investor Presentation Slide 9
Slide 10: Savage River LOM Strategies
Savage River LOM Strategies Grow Reserves & Develop Multiple Mining Locations For personal use only North Pit South Deposit High quality, long life resources Defined reserve Supporting operations to 2030 and beyond Supporting LOM tailings infrastructure development Centre Pit South Long Plai
Slide 11: Savage River LOM Strategies: Developing Multiple Mining Locations
Savage River LOM Strategies Developing Multiple Mining Locations For personal use only North Pit Production Stripping Ore supply for 2014 North Pit Mine Development East wall cut-back Reducing risk associated with a single pit operation South Deposit Mine Development Ore supply for 2014/15 P
Slide 12: Savage River LOM Strategies: Value Adding Downstream Infrastructure
Savage River LOM Strategies Value Adding Downstream Infrastructure For personal use only Concentrator Pipeline Pellet Plant & Port - Autogenous milling and magnetic - 85km pipeline connecting Savage River - Four furnace lines capable of producing separation process to Port Latta 2.4mtpa of iron ore
Slide 13: Southdown Project Strategy
Southdown Project Strategy For personal use only Continue the search for a new equity partner to take a strategic share of the Company’s interest Maintain reduced project expenditure during 2014 Maintain all tenements, permits and project assets in good order Conduct internal review of defin
Slide 14: Grange - Basics Strategies Recapped
Grange – “Basics” Strategies Recapped For personal use only Broaden customer base to take advantage of market opportunities and to diversify geographic customer risk Drive operating costs down further and maintain access to high grade ore Continue investment in mine development - progress next
Slide 15: Primary Contact
Primary Contact For personal use only Primary Contact: Wayne Bould Managing Director +61 3 6430 0222 managingdirector@grangeresources.com.au Notes: - A lower cut-off grade of 15% DTR was used in the calculation of both the Mineral Resources and Ore Reserves - A detailed statement of Mineral Resource