Slide 1: Tivan: Online Investor Briefing
2 August 2024 Tivan: Online Investor Briefing The Board of Tivan Limited (ASX: TVN) (“Tivan” or the “Company”) is pleased to confirm today’s online briefing session to discuss the Pre-Feasibility Study and pathway to project funding for the Speewah Fluorite Project (see ASX announcement of 30 July 2
Slide 2: Investor Briefing
Investor Briefing 2 August 2024
Slide 3: The Speewah Fluorite Project is Tivan's path to free cash flow
Tivan: The Speewah Fluorite Project is Tivan's path to free cash flow 2 Key Financial Metrics Project free cashflow (ungeared, A$) Figure 2: Free Cashflow. See PFS for further details. Figure 1: Speewah Fluorite Project – Key Metrics. See PFS for further details. Including all material assumptions i
Slide 4: Opportunities for enhancing the Speewah Fluorite Project
Tivan: Opportunities for enhancing the Speewah Fluorite Project 3 Principal Path • Resource expansion, adding to mine life and/or project throughput. Secondary Paths • Metspar as a by-product (modest addition in capex, for more revenue) • Use of 'min-waste' & lower-grade ore toward end of mine life.
Slide 5: Imminent supply/demand imbalance & project gap in global Fluorspar markets
Tivan: Imminent supply/demand imbalance & project gap in global Fluorspar markets 4 Fluorspar Market Balance Acidgrade Fluorspar Project Gap Figure 4: Fluorspar market balance forecast by Benchmark Minerals Intelligence. See PFS for further details. Leading market intelligence firms are forecasting
Slide 6: PFS underpinned by an empirical and transparent commodity price forecast
Tivan: PFS underpinned by an empirical and transparent commodity price forecast 5 Commodity price forecast based on: • Long term Fluorspar time series (35 years of Acidgrade Fluorspar: Trend Model data) & China's FOB price (China's exported price, past 10 years) • Extension of 10 year trend to price
Slide 7: Monthly tracking of China's exports/imports confirms shift in balance of payments
Tivan: Monthly tracking of China's exports/imports confirms shift in balance of payments 6 China: Cumulative Monthly Imports of Fluorspar China: Cumulative Monthly Exports of Fluorspar Figure 7 & 8: China monthly import and export of Fluorspar. See PFS for further details. China has shifted from the
Slide 8: A world-class resource, set for expansion, uniquely positioned in Asia
6 Tivan: A world-class resource, set for expansion, uniquely positioned in Asia 7 Global Fluorspar Peer Resource Comparison Figure 9: See Appendix 1 & 2 for data resources. See PFS for further details. Cautionary Statement With respect to the historical estimates and/or foreign estimates of minerali
Slide 9: Speewah's proximity to Asian markets provides a durable competitive advantage
6 Tivan: Speewah's proximity to Asian markets provides a durable competitive advantage 8 Speewah is ideally located to supply Asian markets. Offtake customers are principally based in: - Japan (with prescribed tonnage reserved for customers of Japan) - Republic of Korea - India - Republic of China (
Slide 10: Project funding pathway
6 Tivan: Project funding pathway 9 Critical Minerals Project Facilitation – Australia Tivan & Sumitomo Corporation are working closely together to maximise government facilitation for the Speewah Fluorite Project, in Australia and Japan. Figure 11: Government facilitation potentially 1 The Japan Org
Slide 11: Capital efficiency at Tivan
6 Tivan: Capital efficiency at Tivan 10 Tivan – Shares on Issue, Rebased Tivan's efficiency & productivity is illustrated by the incremental addition in Shares on Issue rebased at the change of control date to 100mn shares. On this basis, Shares on Issue have increased 23% over 21 months, inclusive
Slide 12: A high-performance company, with a growing team of values-aligned professionals
Tivan: A high-performance company, with a growing team of values-aligned professionals 11 Figure 13: Team Tivan
Slide 13: Appendix 1 – Global Fluorspar Peer Resource Comparison – Tier 1 Data Quality
Tivan: Appendix 1 – Global Fluorspar Peer Resource Comparison – Tier 1 Data Quality 12 Figure 14: See PFS for further details Cautionary Statement With respect to the historical estimates and/or foreign estimates of mineralisation of the peer resources disclosed in tables below: • with the exception
Slide 14: Appendix 2 – Other Global Fluorspar Projects & Deposits – Tier 2 Data
Tivan: Appendix 2 – Other Global Fluorspar Projects & Deposits – Tier 2 Data Quality 13 Figure 15: See PFS for further details
Slide 15: Q&A
14 Q&A
Slide 16: Questions received before 3pm AEST
Tivan: Questions received before 3pm AEST 15 "hi gw - congratulations on achieving the PFS. may i ask your view on why didnt the share price react more positively to such a great study?" Jenny "Question mark over the JV structure also with Sumitomo. The PFS is for the fluorite project but if there i
Slide 17: Disclaimer: Reliance
Disclaimer: Reliance 16 Reliance and Forward Looking Statements In all cases, this presentation is provided on the basis that the recipient will conduct their own investigation and analysis of the information set forth in this presentation independently and without reliance on Tivan Limited or any o
Slide 18: Competent Person's Statement
Competent Person’s Statement 17 Speewah Fluorite Project – Production Target and Forecast Financial Information This presentation includes information extracted from the Company’s ASX announcement entitled “Pre -Feasibility Study for Speewah Fluorite Project” dated 30 July 2024 in relation to a prod
Slide 19: Tivan Critical Minerals Company
of tivan 2 critical minerals company Registered Office Level 1, 16 Bennett Street Darwin NT 0800 Australia Contact +618 9327 0900 engagement@tivan.com.au tivan Limited ABN 12 000 817 023 ASX Code: TVN tivan.com.au