Minbos Resources Limited · ASX:MNB
Minbos Resources — Investor Presentation (November 2016)
20 slides from Minbos Resources's investor presentation, November 2016
Slide 1: Cacata Project BFS Update
CACATA PROJECT BFS Update November 2016
Slide 2: Disclaimer: Competent Person
Disclaimer Competent Person The information in this presentation that relates to the Exploration Results and Phosphate Resources, Production Targets and Cost Estimation was extracted from Minbos’s ASX announcement dated 6 June 2012, 16 October 2013 and 5 December 2013 respectively entitled “Cacata P
Slide 3: Disclaimer
Disclaimer DISCLAIMER The Company has prepared this document based on information available to it at the time of preparation, from sources believed to be reliable and subject to the qualifications in this document. To the maximum extent permitted by law, the Company and it of affiliates, related bod
Slide 4: Key Points
Key Points Simple • Bulk sample confirms free dig mining without Mining & ripping, and either a DSO or Scrub and Screen Beneficiation flowsheet to produce high grade Rock Phosphate. Low Capex • Pilot scale test work has identified significant Low Opex equipment reductions on the 2012 Desktop Study H
Slide 5: Angola – A Resource Economy
Angola – A Resource Economy Angola is the Africa’s third largest producer of both oil and diamonds and became the largest supplier of oil to China in July 2016 overtaking Russia and Saudi Arabia. The 5.2Mtpa Angola LNG plant recommenced production in June 2016 after commissioning difficulties.
Slide 6: Current Ownership Structure
Current Ownership Structure Petril Projects 50% 50% Mongo Tando Limited BVI Mongo Tando Ltda Cabinda Licences
Slide 7: High Value Core Projects and Exploration Upside
High Value Core Projects and Exploration Upside Cabinda Project Scope 800,000tpa Rock Phosphate Cacata stage 1 high grade DSO or scrub and screen Cacata stage 2 flotation beneficiation to >32% Global Resource 391.3Mt at 9.2% P2O5 40 kilometer Angolan trend containing high grade Chivovo and C
Slide 8: Deepwater Port
Deepwater Port Porto de Caio Cabinda Located in Cabinda 60km by road from Cacata 12.5m depth ideally suited to phosphate vessel size. Letter of Intent 800tpa port capacity Construction commenced Stage 1 completion scheduled for end 2017
Slide 9: Cacata Long Section – Shallow Ore, High Grade
Cacata Long Section – Shallow Ore, High Grade
Slide 10: Pilot Plant Bulk Samples
Pilot Plant Bulk Samples Target ~26% P205 Target ~32% P205
Slide 11: Bulk Sample Test work
Bulk Sample Test work BULK SAMPLES WET ROUTE DRY ROUTE 18 tonnes representing Wet Scrubber Roll crusher ~5Mt of dry DSO and Screen -2.5mm to 150um Drying to <3% moisture ~10Mt of Scrub+Screen ore Drying to <3% moisture Air classification -100um
Slide 12: Preliminary Results Exceeds Expectations
Preliminary Results Exceeds Expectations PARAMETERS 2012 STUDY1 DRY2 WET3 Feed Grade %P2O5 27% 30-32% 26-29% Mass Recovery 77% 78-85% P2O5 Recovery 85% 87-89% Product Grade % 30% 33-34% 31-32% 1. ASX Release 6 June 2012 “Cacata Project – Scoping Study Produces Positive Results.” The scoping study te
Slide 13: M&I Grade Tonnage Options
M&I Grade Tonnage Options Preliminary Test work suggests: • Wet beneficiation will be suited to 9-11Mt of the M&I resources at a cut-off or 22-24% P2O5 • Dry beneficiation will be suited to 5-7Mt of the M&I resources grading around 26-28% P2O5 WET DRY Mine engineering studies will optimise the value
Slide 14: Reduced Capex Expectations
Reduced Capex Expectations CAPITAL EXPENDITURE AREA $USM MAJOR ITEMS 2012 STUDY DRY WET MINING 9.5 Owner Operator BENEFICIATION PLANT 54.8 Attrition Scrubber Preliminary Test work indicates significant Roll Sizer flowsheet reductions for either the Wet or Dry beneficiation alternatives compa
Slide 15: Opex Savings
Opex Savings Bulk sampling confirmed free digging material will not require ripping. No cyclones and thickener for the tailings undersize. No filter press for product dewatering Transport distance to Porto de Caio is 38km less than 2012 option Dry Beneficiation will not require process wat
Slide 16: BFS Contractors
BFS Contractors prime • EISA • BFS Lead resources • Geology & • Equipment Mining • Process Test • Equipment work • Geotech & • Market study Hydrology
Slide 17: News and Activities
News and Activities Appointment of BFS Contractors Bulk samples shipped and test work commenced EISA, Hydrology and Port components of BFS commenced Caio Porto construction commenced Bulk sample test work completed Dec 2016 Market Study to commence Jan 2017 Trade-off Study Comp
Slide 18: Capital Structure & Shareholders
CAPITAL STRUCTURE & SHAREHOLDERS Capital Structure Millions Fully Diluted Shareholdings Current Shares on Issue 2,074 Sofosa Performance Rights 238 Pro-Forma Shares 2,312 Diluted Market Capitalisation at 0.7cps A$16M Cash at 30 September 2016 A$1M 1cps Options 30 December 2016 696
Slide 19: Board and Management
Board and Management Partner at Steinepreis Paganin since July 2005. A Mining Engineer with 30 years experience in Wide ranging experience in all forms of commercial and exploration, development, operations and corporate Peter Wall corporate law, with a particular focus on resources finance. Lindsay
Slide 20: Contact Details
Contact Details Australia: 245 Churchill Avenue Subiaco WA 6008 Australia Phone: +61 8 6270 4610 Email: info@minbos.com Website: www.minbos.com
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