for personal use only - asx.com.au · 5/13/2015 · 6. production phase 6 4. resource definition,...
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A Resource Company FactoryRIU Resources Round UpRIU Resources Round Up
Nick Mather – Managing Director13 May 2015
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The Resource Factory ModelThe Resource Factory ModelProduction & dividends
5. Development /
6. Production
dividends
Phase 6
4. Resource definition, secondary raisings
Corporate takeover
Phase 5
3. Exploration programs
y g
Phase 4
2. Seed raising, proof of concept, IPO
Ph 2
Phase 3
DGR ZAMBIA1. Choose commodity, region and country
Phase 2
Phase 1
DGR ZAMBIA
Reinvest inReinvest in new project development
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Since we last saw youSince we last saw you Sold Orbis - $26m cash event
G f DGR – modest maiden dividend planned for July 2015
Armour Energy– Ripple project compiled
$9 2 R&D f d– $9.2m R&D refund
SolGold – Hole 9 at Cascabel, a 1.3 km intersection
IronRidge – Raised £9.7m @ 10p & listed on AIM (London)
AusTin Mining $ ( )– Raised $1.4m (subject to shareholder approval)
– Pilot trial mine – Extra high grade targets
Navaho Gold – Argentinian opportunities – Neil Stuart (ex Cerro Negro) appointment – Small scale coal strategy
Archer Resources Archer Resources – Planned raising and listing
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The Blueprint – A Repeatable ProcessThe Blueprint A Repeatable ProcessWE DO IT BY Creating exploration assets with geoscience
• We don’t buy them Provincial Scale ground positions
• Focuses capital, excludes competition, dominates infrastructure and political agendas• Mostly 100% owned
Maturity from Idea – Cash target approximately $15m every 2 years
WE DO IT WITH Extraordinarily qualified, experienced talented invested executives & lateral geoscientists Extraordinarily qualified, experienced talented invested executives & lateral geoscientists Technological advancements which deliver paradigm shifts – geophysics
WE LOOK FOR C diti d d d b th b i ti f 4 billi l i 35 Commodities demanded by the urbanisation of 4 billion people in 35 years
• Gas, Iron, Copper, Agri resources, potash phosphate, water, land, access rights The oldest form of money – gold
WE DO IT IN Countries with manageable risk settings and ethical standards. Yellow light countries.
Opportunities are enduring. Risk changes Regions with the scale of structure and geological pedigree to deliver very rich projects Africa, South America, Australia
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Passionate ExecutivesPassionate Executives
• Invested ExecutivesThey did it..
Invested Executives Capital investment that matters Strong industry experience Peter Lynch Richard Laufmann
No distractions Big thinkers
yWaratah Coal Ballarat Gold
Nick DaviesArrow Energy
They’ll do it.. Peter SpiersO bi G ldOrbis Gold
Vince MascoloIron Ridge Resources
Robbert de WeijerArmour Energy
Neil Stuart Navaho Gold
Peter Williams AusTin Mining
Jason BecktonProposed Archer Iron Ridge Resources Armour Energy AusTin Mining p
Resources
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Targeting from the top leads to great projects in your portfolioprojects in your portfolio
Orbis Gold’s Birimian gold projectsOrbis Gold s Birimian gold projectswere sourced from a top-down search strategy
IronRidge’s Gabonese iron ore projectswere sourced from a top-down search strategy
NavGas’ Proterozoic oil and gas projects were once in the company of giantsF
or p
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A Big StoryA Big Story
• Provinces attract:Armour Energy’s gas province
• Provinces attract: Governments Majors C it l Capital
• Provinces give you: Room to partially fail
and relinquish Access redundancy A cookie cutter for
success
IronRidge Resources iron ore province
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Incentivised, qualified, accomplished, experienced geologists
IDEA GENERATORS
Projects generated within DGR:• Shale oil and gas assets in Northern Australia
(Armour Energy)• Gabonese iron assets (IronRidge Resources)• Rannes gold and silver districts in Queensland a es go d a d s e d st cts Quee s a d
(SolGold)• Nickel, cobalt and platinum prospects in Australia
(Aus Tin Mining)• Zinc / lead deposits in Northern Australia (Ripple
Resources)Peter BubendorferNeil Wilkins
Resources)Projects generated prior to the formation of DGR• Galilee Basin Waratah Coal project for Mineralogy • Original CSG assets for Arrow Energy• Northern Energy coal projects• Pooncarrie mineral sands project for BeMaX• Gold Ridge gold project in the Solomon Islands• Frieda – Nena discovery in PNG• Gold deposits at Tick Hill• Shinas and Hatta copper-gold mines in Oman
Luke Titus
Neil Stuart
pp g• Cerro Negro Gold project, Argentina• Epithermal gold and base metal deposits in New
Caledonia, and the Andean cordillera of northwestern Argentina and Patagonia.
• Precious and base metals provinces in north-• Precious and base metals provinces in north-western Mexico.
• Exploring beneath glacial till for base metals in Proterozoic terrain of Northern Sweden
Jason Ward Josh Bluett
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Global Resources Landscape - A New Dawnp
• Urbanisation of 4bn people will drive steady p p yglobal growth
• Capital delivery out of sync with community demanddemand
• Price variability has a 5 to 7 year cycle
• Get set now • Emerging nations• Using paradigm shifts in
technology and;• Talented geoscientists• Talented geoscientists
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You won’t go wrong in the right commodityYou won t go wrong in the right commodity Iron
To build it
GasTo power it
CopperTo wire it
Urbanise 3.5 billion people in 35 years –Resource prices are going up
FertilisersTo feed us
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A Highly Diversified Portfolio78% Focused on emerging Nations/Regions/Economies78% Focused on emerging Nations/Regions/Economies
Australia22%
Africa 28%
22%South America
50%
Iron Ore
Cash
19%
57%
Copper & Gold
Oil and Gas
13%
10%
0% 10% 20% 30% 40% 50% 60%
Tin 1%
Interests by market cap of holding 11
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Exploration excites investorsHigh grade, high valueHigher debt
Exploration excites investors
ProductionFeasibilityDebt fund
f d
Value Valley
Lower grade, lower debt
Don’t overdo it!
$ Va
lue Inferred resource
Don’t fundEquity fund
$, £ ExpendedBe an explorer
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The Outputs – Minimal Cost, Maximum ReturnThe Outputs Minimal Cost, Maximum Return• All assets created in-house• A diversified portfolio currently valued at approximately $32 million
$30,000,000 Cost Vs Value of Investment
• Growth of ~95% per annum in net listed asset value per share since 2007• Access to a pipeline with further projected value of $100 million
$25,000,000 Sold for cash
$15 000 000
$20,000,000
SOLG
ANW
$10,000,000
$15,000,000 NVG
AJQ
OBS
IRR
$5,000,000
IRR
$‐
Cost of investment Value of investment
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Good News: The Market is Beginning to SpendGood News: The Market is Beginning to Spend
Raise to advance or preserve
Raising is difficult
Raise to createFor
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Demonstrated Outstanding Value CreationDemonstrated Outstanding Value Creation$
60m 600
DGR relative performance compared against ASX Indicies60m
500
600
ue
400
wth*
DG
R A
sset
Val
u
30m 300
ased
Inde
x Grow
S&P/ASX Emerging Companies Index
S&P/ASX Small Ordinaries
S&P/ASX 300
DGR NTAD
200
Reb
0
100
* DGR NTA measures DGR asset growth year on year
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06/30/2009 6/30/2010 6/30/2011 6/30/2012 6/30/2013 6/30/2014 5/12/2015
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The Next World Class Cu Au Porphyry DiscoveryThe Next World Class Cu-Au Porphyry Discovery
• Cascabel porphyry copper gold project(85% ownership via ENSA)
• Port, power, water, labour all accessible • Ecuador in the Andean Copper Belt• DGR holds 10% (74.5m shares)• This year –second
drill rig, faster cheaper drilling results
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The Next World Class Cu Au Porphyry DiscoveryThe Next World Class Cu-Au Porphyry Discovery
• Top 10 historic discovery Hole 5• Magnetics tracks copper grades• 3km long belt, 1km vertical of high
magnetic, copper gold rich zones
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New Regional Gas GiantNew Regional Gas Giant
DGR
• Key milestones achieved to date- 100% owned and currently cover 130 000km2
DGR Investment
in AJQ25%
($3.8m)
100% owned and currently cover 130,000km- Discovery of two new active petroleum systems- Significant and numerous gas targets identified- Close and constructive liaison with Native Title
groups- R&D refunds $20m to date
• Key rerating events- Major commercial agreementj g
• Targeted milestone events- Conditional gas sales agreements from Queensland
projectsp j- Resource certification - Well pilots in Queensland and the Northern Territory- Ripple Resources zinc project- Production acquisition/merger
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A New African Iron Ore ExplorerA New African Iron Ore Explorer
• A new hematite iron province• D.S.O potential• High tonnage potential • Completed $9.7m IPO London p $• Major shareholder Assore Limited • Close to port• Whole province tenure• 100% owned100% owned • Mining friendly Gabon reinvests $14Bn in
infrastructure• Falcon gravity, magnetics give us the edge.
Assore Sumitomo
30%32%
Assore Sumitomo
DGR Global Other Investors
12%
32%
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Colour image shows magnetic intensity: gravity anomalies are outlined in black
26%
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DGR News Flow, 6 MonthsDGR News Flow, 6 Months• DGR Global
o Acquire high grade, low risk mine for high returns. o Ultimate dividends
• AusTin Miningo Small scale pilot mine to be cash positiveo Ore benefication, metal credits, extra resources for upside
• Armour EnergyArmour Energyo Tawallah Group prospectivityo Proterozoic province o Targeting production asset o Ripple Zinc
• SolGold• SolGold o Faster, cheaper results o Second drill rig o Diverted holes o 12 month resource target
• IronRidge Resources• IronRidge Resourceso SRK to manage field program o Field work commencing
• Navaho Gold o Argentinian coal, gold & base metalso Roma shelf oil o Proterozoic oil
• Archer Resources o South east Queensland – copper, gold, zinco Executive appointmento Capital raising
20Photo (right) – Chalcopyrite in drill core from
Hole 5 at SolGold’s Cascabel Project
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DisclaimerDisclaimerForward Looking StatementWhil t b d i f ti f id d li bl DGR Gl b l Li it d it di tWhilst based on information from sources considered reliable, DGR Global Limited, its directors,employees and consultants do not represent, warrant or guarantee, expressly or impliedly, that theinformation in this document and presentation is complete or accurate. To the maximum extentpermitted by law, DGR Global Limited, disclaims any responsibility to inform any recipient of thisdocument and presentation of any matter that subsequently comes to its notice, which may affect any
f th i f ti t i d i thi d t d t tiof the information contained in this document and presentation.
JORC and Competent Person StatementInformation herein relating to Exploration Targets and Results is based on information compiled byNicholas Mather B Sc (Hons) who is a Member of The Australasian Institute of Mining and MetallurgyNicholas Mather B.Sc (Hons), who is a Member of The Australasian Institute of Mining and Metallurgy.Mr Mather is employed by DGR Global Limited, as Chief Executive Officer.
Mr Mather has more than five years experience relevant to the style of mineralisation and type ofdeposit being reported and to the activity which he is undertaking to qualify as a Competent Person asg y g ydefined in the 2012 Edition of the ‘Australasian Code for Reporting of Exploration Results, MineralsResources and Ore Reserves’ (the JORC Code). This report is issued with the prior written consent ofthe Competent Person as to the form and context in which it appears.
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DGR Global ContactsDGR Global Contacts
Nick Mather | CEO [email protected]
Priy Jayasuriya | Chief Financial [email protected]
Karl Schlobohm| Company Secretary k hl b h @d l b [email protected]
ASX:DGR | www.dgrglobal.com.auASX:DGR | www.dgrglobal.com.au
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