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“As iron ore was the boom commodity over the past 10 years, we highlight potash as the commodity for the next decade.” – Goldman Sachs Investor presentation – August 2014 For personal use only

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“As iron ore was the boom commodity over the past 10 years, we highlight

potash as the commodity for the next decade.”

– Goldman Sachs

Investor presentation – August 2014

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Global Resources Corporation

This presentation has been prepared as a summary only, and does not contain all information about Global Resources Corporation Limited’s(“Global”) assets and liabilities, financial position and performance, profits and losses, prospects, and the rights and liabilities attaching toGlobal’s securities. The securities issued by Global are considered speculative and there is no guarantee that they will make a return on thecapital invested, that dividends will be paid on the shares or that there will be an increase in the value of the shares in the future. Global doesnot purport to give financial or investment advice. No account has been taken of the objectives, financial situation or needs of any recipient ofthis report. Recipients of this report should carefully consider whether the securities issued by Global are an appropriate investment for them inlight of their personal circumstances, including their financial and taxation position.

Forward Looking StatementsSome of the statements contained in this report are forward looking statements. Forward looking statements include but are not limited to,statements concerning estimates of potash tonnages, expected costs, statements relating to the continued advancement of Global’s projects andother statements which are not historical facts. When used in this report, and on other published information of Global, the words such as“aim”, “could”, “estimate”, “expect”, “intend”, “may”, “potential”, “should” and similar expressions are forward-looking statements.

Although Global believes that its expectations reflected in the forward-looking statements are reasonable, such statements involve risk anduncertainties and no assurance can be given that actual results will be consistent with these forward-looking statements. Various factors couldcause actual results to differ from these forward looking statements include the potential that Global’s projects may experience technical,geological, metallurgical and mechanical problems, changes in product prices and other risks not anticipated by Global.

Competent Person’s StatementThe information in this investor presentation that relates to Exploration Results is based on information reviewed by Mr Laurie Mann, who is afellow of AusIMM. Mr Mann is a consultant to Global Resources Corporation Limited and was the Registered Manager for Shark Bay Salt JointVenture, a solar salt operation in Western Australia. Mr Mann has in excess of 5 years’ experience which is relevant to the types of depositsunder consideration and to the activity which he is undertaking to qualify as a Competent Person as defined in the 2012 Edition of the“Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves”. Mr Mann consents to the inclusion in thispresentation of the matters based on this information in the form and context in which it appears.

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Disclaimer

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Global Resources Corporation

Share capital

Share price

Ordinary shares

In-the-money options

Diluted market capitalisation

12 month price range

Balance sheet

Cash

Debt

Top shareholders

Tim Lyons

Reward Minerals

Mark Savich

Terra Capital

Walloon Securities

Top 20

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Corporate snapshot

Directors and management

Stephen Everett, Non-Executive Chairman

Chemical engineer with more than 35 years of management and board experience in the international resources industry. Has held senior executive and chairman positions of various private and ASX listed companies. Also chairman of MetroCoal Ltd.

Mark Savich, Executive Director

Chartered financial analyst with over 10 years of experience dealing with technical and corporate aspects of resource companies, from early stage exploration through to production. Skilled in project identification, technical and economic evaluation and corporate development. Also a director of Regal Resources Ltd.

Alec Pismiris, Non-Executive Director and Company Secretary

Director of Capital Investment Partners. Has over 25 years experience as director and company secretary for various ASX listed companies. Also a director of Cardinal Resources Ltd, Mount Magnet South NL, Aguia Resources Ltd and Papillon Resources Ltd.

Tom Lyons, General Manager – Exploration & Development

Geologist with broad experience in a range of commodities including industrial minerals, precious and base metals and bulks. Has previously worked throughout a number jurisdictions, including the East Pilbara region of Western Australia.

$0.17/share

81.1m

16.2m

$16.5m

$0.04 – $0.20/share

$1.5m

$0.0m

11.4%

9.3%

7.8%

7.5%

5.6%

51.6%

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Potash Industry

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The food security story

United Nations forecasts approximately 71 million new mouths to feed each year

While at the same time arable land is shrinking around the world

Emerging markets will need to improve agricultural yields through the use of fertiliser

For many countries outside the OECD, particularly China and India, food security is still a key concern

Potash is a late cycle commodity and should experience demand growth even as the industrialisation phase in developing countries winds down

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Rising food consumption is a long term trend

“It now appears they [BHP Billiton] are picking a megatrend (food consumption – fertiliser) and

choosing the most attractive commodity within this (in this case, potassium over nitrogen and phosphate)”

– Macquarie Bank

Source: Goldman Sachs

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What is SOP

SOP (K2SO4) is 17.5% sulphur and contains no chloride, compared to MOP (KCl) which contains 46% chloride

A premium form of potash that is used on high value crops such as vegetables, fruit and tree nuts

Essential for chloride-sensitive crops and advantageous in saline and arid soils

SOP improves crop yield, quality and shelf life, generally if it needs to look good and taste good it needs SOP

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Demand is driven by high value crops

Chloride intolerant crops

Chloride tolerant crops

tobaccotea

grapesalmondspotatoes

strawberriesorangescoffee

sugar beetcoconut

date palmcerealsoil crops

sugar canerubbercotton

Orange without SOP Orange with SOP

Source: IC Potash

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Potash market

Global potash production is 64Mt per annum, including 55Mt of muriate of potash (MOP) and 6Mt of sulphate of potash (SOP)

The SOP market is worth circa US$3.5 billion per annum

SOP is far more strategic and geologically scarce than MOP

More than 50% of the world’s SOP is produced from upgrading MOP, via the Mannheim process or sulphate salts reaction

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SOP is a highly strategic commodity

MOP

SOPNOPSOPM

Total potash market(~64 million tonnes per annum)

Primary SOP

Mannheim

Reacted Salts

Total SOP market(~6 million tonnes per annum)

Source: CRU

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Potash market

Potash supply is highly concentrated, both geographically and at a corporate level

The major deposits being mined – in Russia, Belarus and Canada – all produce MOP

For the past decade, circa 65% of the world’s potash production has been marketed by an oligopoly:

• Canpotex representing PotashCorp, Mosaic and Agrium

• Belarus Potash Company (BPC) representing Uralkali and Belaruskali

In July 2013, Uralkali withdrew from BPC

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A highly concentrated supply side

MOP installed capacity (million tonnes per annum)

SOP production (million tonnes per annum)

Source: Compass Minerals, Company websites

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SOP market

There are only three primary producers of SOP – SDIC in China, Compass Minerals in the USA and SQM in Chile

All three producers are exploiting brine deposits via low cost pumping and solar evaporation techniques

More than 50% of global SOP production, or 4Mt per annum, comes from high cost secondary sources

The Mannheim process is energy intensive and uses MOP as the primary input, therefore providing a price floor for SOP

The hydrochloric acid by-product from the process is becoming increasing costly and environmentally hazardous to dispose of

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Brine producers sit at the bottom of the cost curve

Source: EPM Mining Ventures, CRU, Company websites, Parthenon Analysis

SOP industry operating cost curve Global brine operations – MOP and SOP

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SOP market

More than 4Mt per annum of high cost secondary production to be displaced

Most new projects are extremely capital intensive, i.e. both IC Potash and Potash Ridge have a CAPEX requirement of over US$1 billion

Production expansions which are planned by Chinese companies and Compass Minerals are likely to be challenging

Greenfields developments include:

IC Potash – project financing stage on the Ochoa hard-rock deposit (polyhalite) in USA

Potash Ridge – feasibility stage on the BlawnMountain alunite deposit in USA

Reward Minerals – scoping level stage on the Lake Disappointment brine deposit in Australia

South Boulder Mines – pre-feasibility stage on the Colluli hard-rock deposit in Eritrea

EPM Mining Ventures – feasibility stage on the Sevier Lake brine deposit in USA

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New sources of SOP are extremely scarce

Potential SOP production (million tonnes per annum)

Source: Compass Minerals, Company websites

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SOP market

In July 2013 Uralkali withdrew from BPC and caused a price shock in MOP

Uralkali is the world’s lowest cost producer with the most unused capacity and publicly stated that in future it would prioritise volume over price

SOP prices have remained very stable and since 2011 there has been a widening in the price differential between MOP and SOP

Compass Q2 2014 financial results quoted an average selling price of US$670/ton FOB (short tons)

Compass forecasts an average selling price of US$725/ton – US$750/ton for 2H14

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Prices remain strong post-BPC break up

Source: Compass Minerals

Compass Minerals – 2H14 Outlook Summary

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Mackay Project

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Mackay Project

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Overview

Project background:

Applicant to five Exploration Licences covering 2,276km2 in Western Australia

Situated on Lake Mackay, the largest salt lake in Western Australia

Arid environment is well suited to low cost solar evaporation

A program of 24 shallow holes were drilled in 2009 which tested for SOP

Global’s initial site visit confirmed the Project’s potential

Location:

Located 540km north-west of Alice Springs

All sealed and unsealed access roads are in excellent condition and well maintained

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Mackay Project

A program of 24 shallow drill holes was completed in September 2009

Drilling was completed using a helicopter supported and purpose built Vibrocore rig

The holes were drilled on wide spaced grid of 10km by 10km

Drilling was completed to a maximum depth of only 4m

Drill core was collected in sealed tubes to recover the lake sediments as well as the entrained brine

Samples of brine were submitted for analysis to Ultratrace Laboratories Pty Ltd in Perth

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2009 drilling program

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Mackay Project

Recent site visit confirmed favourable logistical conditions from Alice Springs

Work program:

All technical and commercial data acquired from Reward Minerals is being thoroughly reviewed

Previous drilling data is being verified and used in calculating a Mineral Resource Estimate, compliant with the JORC Code, 2012 Edition

Desktop studies are being progressed to assess key project parameters

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Current activities

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Mackay Project

The Lake Mackay region benefits from a very hot, windy and dry environment with excellent evaporation conditions

Low cost solar evaporation techniques could result in very competitive capital intensity and operating costs

There are five solar evaporation operations in Western Australia, including Rio Tinto’s three salt operations (Lake Macleod, Dampier and Port Hedland) and Mitsui & Co.’s two salt operations (Onslow and Shark Bay)

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Conceptual development plan

Source: Mitsui & Co. (these are not Global’s operations)

Conventional processing route: trenching evaporation harvesting milling & SOP conversion

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Great Sandy Desert Project

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Great Sandy Desert Project

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Overview

Project background:

Extensive land position covering 2,570km2 in the East Pilbara

Situated in a new globally significant SOP province

Arid environment is well suited to low cost solar evaporation

Heritage Agreement has been executed

Desktop Study is being undertaken by Golder Associates

Location:

95km south of the Great Northern Highway and accessible via well maintained roads

25km from the Telfer gas pipeline

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Great Sandy Desert Project

Tenements cover approximately half of the Waukarlycarly Embayment, a major depositional sink for inflowing brines

Permian sediments of the Poole Sandstone and Paterson Formation represent the targeted geological horizon

The underlying Grant Group is interpreted to exist at depths of between 500 to 600m

Surface sampling in the Waukarlycarly Embayment confirmed economically significant levels potassium and sulphate in brines

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Geological model

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Great Sandy Desert Project

Very hot and arid environment combined with saline water flow has resulted in the widespread presence of salt lakes

Many salt lakes host known occurrences of potash-bearing brines and some host existing Mineral Resources*:

Lake Disappointment: Indicated Resource of 24.4Mt of SOP

Karly: Exploration Target of between 384 – 960Mt of SOP

These resources and targets demonstrate that this is potentially a world class SOP province which needs further exploration

Brines may exist to a much larger extent within ancient buried lake systems (palaeovalleys) and consolidated sedimentary aquifers

Based on reports by Geoscience Australia (GA), the palaeovalleys are interpreted to flow north-west throughout the region

The Waukarlycarly Embayment is believed to be a large regional depositional sink at the end of the flow

Surface sampling undertaken in 2013 (on adjoining tenements owned by Reward Minerals) has confirmed significant levels of potassium with brine chemistry suggested suitable for SOP

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Regional brine flows

Source: Geoscience Australia* Projects are owned by Reward Minerals

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Great Sandy Desert Project

Waukarlcarly Embayment is a large graben feature composed of Canning Basin sediments up to 3.5km deep

Embayment is possibly acting as a major depositional sink for groundwater flow from the Canning Palaeoriver

Permian sandstone units throughout the Embayment are a potential aquifer/s for brine

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Seismic data demonstrates scale of embayment

Source: Geoscience Australia

Note: Depth to Proterozoic basement map

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Great Sandy Desert Project

Airborne electromagnetic (AEM) survey has indicated that the WaukarlycarlyEmbayment is highly prospective for potash bearing brines

Government funded $2.7 million AEM survey conducted in 2008

Survey covered ~50,000km² in the Paterson Province

Conductive unit extends throughout the Embayment and is likely to correlate with saline groundwater

Sampling of near surface brines at Lake Waukarlycarly returned an average potassium grade of 10.02kg SOP/m³ of brine*

Historical drilling by BHP and others near Lake Waukarlycarly intersected considerable saline groundwater flows – never assessed for water quality

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Airborne electromagnetic data suggests brine exists

Source: Geoscience Australia* Average has been calculated from the brine analysis results published by Reward Minerals on 10 December 2013 in the ASX Release titled: “HIGHLY ENCOURAGING POTASH BRINE ANALYSES”

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Global Resources Corporation

Strategic focus on exploration and development of high value sulphate of potash (SOP) deposits

SOP price has increased from US$250/t in 2004 to over US$700/t in 2014 and market fundamentals remain strong

SOP is a geologically scarce commodity and global supply is highly concentrated

Brine hosted deposits have attractive cost structures and typically lie in the first quartile of industry cost curves

Focussed on two large scale SOP assets, both 100% owned and located in Western Australia

1. Mackay Project:

Subject to 24 shallow drill holes in 2009 which tested for SOP

Drill holes were drilled to a maximum depth of only 4m

Excellent potential to increase the size of the deposit at depth

2. Great Sandy Desert Project:

Large land position in an emerging and globally significant potash province

Greenfields conceptual target based on AEM survey is extremely large

Close to high quality infrastructure including roads and gas pipeline

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Company summary

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