Metro Mining Limited · ASX:MMI

Metro Mining — MESCA Presentation May 2015

15 slides from Metro Mining's conference presentation, May 2015

  1. Slide 1: Diversified Commodities – Deliberate Focus

    Diversified Commodities – Deliberate Focus ASX : MMI | MESCA Presentation| May 2015

  2. Slide 2: Disclaimer

    DISCLAIMER Statements and material contained in this Presentation, particularly those regarding possible or assumed future performance, production levels or rates, commodity prices, resources or potential growth of Metro Mining Limited, industry growth or other trend projections are, or may be, forw

  3. Slide 3: Metro Mining – Who We Are

    Metro Mining – Who We Are (ASX : MMI) Metro Mining is an Australian diversified commodities company based in Brisbane, Queensland. The company explores globally for mineral development opportunities believing commodity diversification delivers better shareholder value and makes the company a more at

  4. Slide 4: Metro Mining – Our Portfolio

    Metro Mining – Our Portfolio Existing commodities in the Company’s portfolio include Bauxite and Coal. Bauxite Resources in Cape York – 61.5 Million Tonnes1 (49.9% Al2O3, 12.5% SiO2) Thermal Coal Resources in the Surat Basin – 4.5 Billion Tonnes2 MMI is also currently reviewing green and brownfields

  5. Slide 5: Flagship – Current Project

    Flagship – Current Project Metro Mining’s deliberate focus is their Bauxite Hills Project. The Bauxite Hills Project is located in the world renowned bauxite province of Cape York, in Queensland, Australia. The Bauxite Hills Resource in Cape York is 61.5 million tonnes1 including a Reserve of 12.1 m

  6. Slide 6: Deliberate Focus – Bauxite

    Deliberate Focus – Bauxite Project Bauxite Hills – Imminent Development  Direct Shipping Ore (DSO) product  Total Resource 61.5Mt (indicated and Inferred)  2Mtpa with 21 years* mine life – significant project  Simple construction and operation  Low CAPEX and OPEX  Positive Market Fundamentals

  7. Slide 7: Right Project – 21 year Mine Life

    Right Project – 21 year Mine Life  Simple DSO Project  Low CAPEX and OPEX  Production Q3 2016  Excellent NPV and Cash Flow 7

  8. Slide 8: Simple Operation: Mining and Transportation

    Simple Operation 1. Mining clear vegetation & remove overburden return overburden & replace topsoil - then revegetate strip mine bauxite Overburden (~0.5m) DSO Bauxite Horizon (~1.75m) Ironstone Mottled Zone 2. Transportation Haul ore 5-10km to stockpile & barge loading. Tranship ore 10km down Skard

  9. Slide 9: Right Schedule – First Shipment

    Right Schedule Completed Resource Estimate: 47Mt Completed Pre-Feasibility Study | Feb 2015 and increased Resource to 61.5 Mt Lodge Documents Draft EA Approval First Shipment FS Results Fully Funded Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Feasibility Study (FS) Environmental Approvals Financing Right To Negotiate P

  10. Slide 10: Right Economics – Key Results

    RightCommodity Right Economics – KeyIncreases – Demand Results Key Results A$ Real (unless stated otherwise) Bauxite Hills Pre-Feasibility NPV (15%) Real after tax A$197M IRR (100% Equity) 88% Mine life 21 years 2016 Construction Capex A$27.4M LOM sustaining CAPEX (Excl. 2016) A$18.1M Average Operat

  11. Slide 11: Right Location – Ocean Freight Advantage

    Right Location – Ocean Freight Advantage  Located close to international shipping  Cape York bauxite quality and characterises routes with low freight costs to China. well known to Chinese and other international alumina refineries.  Cape York has high quality, export grade bauxite with high alum

  12. Slide 12: Right Investment

    RIGHT INVESTMENT  Right Commodity  Global growth in Aluminium  Right Project consumption  Near term Production  Increased demand for Bauxite in  Simple DSO Project China  DSO Quality Bauxite  Long Mine Life  Low CAPEX and OPEX  Right Location  Xinfa and Metro Mining investigating  Wester

  13. Slide 13: Share Price Appreciation

    SHARE PRICE APPRECIATION Metro’s (ASX:MMI) share price increased from 2.7 cents on 31 December 2014 to 5.8 cents on 31 March 2015, which represented a 115% increase in the price. The trend has continued, since the end of the quarter, with the closing price on 30 April 2015 being 9 cents representing

  14. Slide 14: The Bauxite Hills Project is located in a remote site, 95km north of Weipa

    Metro Mining Policy The Bauxite Hills Project is located in a Site access is by sea and by air and remote site, 95km north of Weipa on road access is 4x4 drive access only Western Cape York in North Metro Mining has Core Policies on Queensland. OH&S, the Environment and the Proposed mine operations

  15. Slide 15: Corporate & Contact Details

    CORPORATE & CONTACT DETAILS ISSUED CAPITAL (31 December 2014) EXECUTIVE MANAGEMENT TEAM shares issued | 288,698,682 Mr Simon Finnis | Chief Executive Officer Unlisted employee and Mr Scott Waddell | CFO & Company Sec Directors’ Options | 2,000,000 Mr Mike O’Brien | Project Director Shareholders | 2,

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