Jameson Resources Limited · ASX:JAL
Jameson Resources — Mines & Money Hong Kong 2017
22 slides from Jameson Resources's conference presentation, Apr 4, 2017
Slide 1: Investor Presentation April 2017 - Mines & Money Hong Kong
For personal use only INVESTOR PRESENTATION APRIL 2017 MINES & MONEY HONG KONG
Slide 2: Investment Highlights
Investment Highlights For personal use only POSITIONED IN WORLD CLASS Jameson is a pure coking coal Company with its flagship project, Crown Mountain, METALLURGICAL FIELDS located within Canada’s prolific Elk Valley coal field. PROXIMAL TO Crown Mountain is proximal to a road network and an extensiv
Slide 3: Financial Snapshot
Financial Snapshot For personal use only Share Capital Recent Share Price A$0.08 Shares Outstanding 223m Market Capitalisation A$18m Trading Range (6 month) A$0.05 to A$0.12 Cash Reserves* Cash on Hand A$2.0m Options Options (A$0.105 exercise price) 7.1m Ownership Top 20 Shareholders 62.6% JP Morgan
Slide 4: Highly Experienced Management Team
Highly Experienced Management Team only Art Palm – Chief Executive Officer and Chairman • Mining engineer with over 40 years of experience CANADA • Engineering, Operations & Executive positions at major US coal personal use producers • Extensive experience designing and managing mines (surface and u
Slide 5: Key Short Term Drivers
Key Short Term Drivers For personal use only • The flagship Crown Mountain Coking Coal Project is drawing increased outside interest due to the recovery in coking coal prices and the Project’s key attributes: – Relatively low operating cost structure – 84 percent of product is hard coking coal – Coa
Slide 6: Crown Mountain: Flagship Canadian Coking Coal Asset
Crown Mountain Flagship Canadian Coking Coal Asset For personal use only • The Crown Mountain Coking Coal Project is located in southeast British Columbia • The high quality nature of the North and East Block coking coal is comparable to the best Hard Coking Coal produced in British Columbia • Briti
Slide 7: Exploration
For personal use only Exploration 7
Slide 8: North Block Geology
For personal use only North Block Geology 8
Slide 9: South Block Geology
For personal use only South Block Geology 9
Slide 10: Resources and Reserves
Resources and Reserves For personal use only RESOURCE AREA Measured Indicated Measured & Inferred Measured, • The 2014 PFS determined a (Mt) (Mt) Indicated (Mt) Indicated & total reserve base at Crown (Mt) Inferred (Mt) Mountain of 56 million tonnes. North Block 8.0 6.0 14.0 0 14.0 • Confidence in t
Slide 11: Coal Quality
Coal Quality For personal use only Crown Mountain Coking Coal1 Canadian Canadian Central NEBC SEBC North and South Alberta2 HCC2 HCC2 East Blocks Block Total Moisture (% as received) 8-9 8-9 8-9 8-9 8-9 Volatile Matter (% dry) 20.5 18 23 - 24.5 21 - 27 17 - 27 Ash Content (% dry) 9 9 8.3 - 8.6 8.5 -
Slide 12: Proposed Project Facilities
Proposed Project Facilities For personal use only 12
Slide 13: Crown Mountain 2014 PFS Mining Options and Outcomes
Crown Mountain 2014 PFS Mining Options and Outcomes For personal use only • The Crown Mountain PFS was executed by Norwest 2014 PFS Parameter (All Unit Value Corporation of Calgary, Alberta, Canada and focused only on Scenarios) the Measured and Indicated resources identified by Norwest. ROM Reserve
Slide 14: CAD:USD Devaluation Provides Potentially Large Operating Cost Savings
CAD:USD Devaluation Provides Potentially Large Operating Cost Savings For personal use only • A significant devaluation of the CAD:USD has occurred since the completion of the 2014 PFS leading to potentially large operating cost savings under all scenario’s considered in the 2014 PFS as shown in the
Slide 15: CAD:USD Devaluation Impact on Met Coal Pricing Requirements
CAD:USD Devaluation Impact on Met Coal Pricing Requirements For personal use only 2014 PFS 2014 PFS Assumed Coal Prices Assumed Coal Prices Update (CAD:USD 0.92) (CAD:USD 0.76) Current Benchmark Year 5 Year 5 Pricing (FOB Australia) Year 1-4 onwards Year 1-4 onwards Q1 2017 HCC FOB Vancouver (US$/t)
Slide 16: PFS Update Items
PFS Update Items For personal use only • A PFS update is underway incorporating not only the aforementioned change in exchange rate, but a number of identified potential Capex and Opex reductions that may provide considerable upside to the existing project economics, including: ‒ Potential for using
Slide 17: Environmental Studies
Environmental Studies For personal use only • In addition to having successfully the completed the PFS in 2014, the company has been progressing the pre-application stage of environmental permitting process over the past two years. • Extensive environmental baseline studies are required prior to sub
Slide 18: EA Progress To-Date and Timing
EA Progress To-Date and Timing For personal use only • The company has continued to progress the pre- application stage of the EA process, with the Application Information Requirements (‘AIR’) expected to be completed and accepted in Q2-17. • The AIR is essentially the blueprint for preparing the Ap
Slide 19: Investment Highlights
Investment Highlights For personal use only POSITIONED IN WORLD CLASS Jameson is a pure coking coal Company with its flagship project, Crown Mountain, METALLURGICAL FIELDS located within Canada’s prolific Elk Valley coal field. PROXIMAL TO Crown Mountain is proximal to a road network and an extensiv
Slide 20: Disclaimer
Disclaimer For personal use only This document has been prepared as a summary only, and does not contain all information about the Jameson Resources Limited’s (the “Company”) assets and liabilities, financial position and performance, profits and losses, prospects and the rights and liabilities atta
Slide 21: Competent Persons Statement
Competent Persons Statement For personal use only Competent Person Statements Mineral Reserves and Pre Feasibility Study Results The information in this presentation relating to the Mineral Reserve Estimate and Pre Feasibility Study Results of the Company’s Crown Mountain Coal Project are extracted
Slide 22: Australian and Canadian Offices
For personal use only AUSTRALIAN OFFICE (Corporate) CANADIAN OFFICE Suite 5, 62 Ord Street, Suite 800, 1199 West Hastings Street West Perth Western Australia 6005 Vancouver, BC V6E 3 T5 T: +61 (8) 9200 4473 T: +1 (604) 629-8605 www.jamesonresources.com.au E: admin@jamesonresources.com.au