tsx.v: lix - lithium-x · advances in lithium extraction. so how does lix plan to take advantage of...
TRANSCRIPT
TSX.V: LiX
1/16
Forward Looking Statements
This Presentation includes and is based on forward-looking information and statements that are subject to risks and uncertainties that could cause actual results to differ. Factors that might cause or contribute to such differences include, but are not limited to, economic conditions globally, the impact of competition, political and economic developments in the countries in which the Company operates, regulatory developments in Nevada and internationally and changes in lithium prices and in the margins for the Company’s products. These expectations, estimates and projections are generally identifiable by statements containing words such as "expects", "anticipates", "targets", "goals", "projects", "intends", "plans", "believes", "seeks", "estimates", variations of such words, and similar expressions. Important factors that could cause actual results to differ materially from those expectations include, among others, economic and market conditions in the geographic areas and industries that are or will be major markets for the Company’s businesses, lithium prices, market acceptance of new products and services, changes in governmental regulations, interest rates, fluctuations in currency exchange rates and such other factors as may be discussed from time to time. Although the Company believes that its expectations and the information in this Presentation were based upon reasonable assumptions at the time when they were made, it can give no assurance that those expectations will be achieved or that the actual results will be as set out in this Presentation. The Company is not making any representation or warranty, expressed or implied, as to the accuracy, reliability or completeness of the information in the Presentation, and neither the Company nor any of its directors, officers or employees will have any liability to the reader or any other persons resulting from the reader's use of the information in the Presentation. The Company undertakes no obligation to publicly update or revise any forward-looking information or statements in the Presentation. The reader should consult any further disclosures the Company may make in documents it files with the applicable securities regulators.
The Presentation is intended for educational and informational purposes only and does not replace independent professional judgment. Statements of fact and opinions expressed are those of the participants individually. The information is not designed to provide financial, tax planning, accounting, investment, business or legal advice, in any way whatsoever. The reader should consult with a lawyer, accountant and other professionals in respect of contents hereof. Furthermore, the information in no way should be construed or interpreted as, or as a part of, an offering or solicitation of securities. Investors are advised to discuss any trading with a registered securities broker or personal finance professional prior to investing.
The technical content of this Presentation has been reviewed and approved by Timothy S. Oliver PE, P.Eng. for the Company, who is a Qualified Person as defined by National Instrument 43–101 with the ability and authority to verify the authenticity and validity of technical and scientific data.
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LiX Mission: Develop economically viable and environmentally conscious lithium to empower the battery revolution. Build the strongest team in the lithium exploration and development business and finance in a way that's constructive for existing and future shareholders.
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The LiTHIUM X team has created several multi-billion dollar companies from scratch and has access to a global network of business, government and philanthropic leaders.
The team are major shareholders in LiTHIUM X and are focused on maintaining a sound share structure and financing the company in ways that benefit existing and future shareholders.
The technical and project personnel are leading experts in environmental permitting and resource projects in the United States, and have a notable track record in the area.
why invest?
1. team 2. asset 3. timing
LITHIUM X’s main asset is adjacent to the only producing lithium brine operation in North America.
Other companies in the area have created significant shareholder value in a short period of time by exploring for lithium.
Technology is making recovery more environmentally friendly than ever before.
Proving up a resource is likely to cost far less than in other commodities.
Management is actively pursuing strategies to enhance its project portfolio.
The energy storage revolution is generating high demand for lithium, with some analysts forecasting order-of-magnitude demand increases.
Battery giants are scaling up lithium-ion production with mega factories and actively acquiring raw materials through long-term offtake agreements.
Companies already producing lithium are attempting to increase production. However, the majority of current production (both brine and hard-rock operations) are capacity constrained with geopolitical risk affecting some of the world’s major production areas.
Brian Paes-Braga Founder & CEO
1997 2004 2007
merger
mergermerger
formed
Paul Matysek Executive Chairman
Dan Kriznic CFO
Fiore Management & Advisory Corp Founder & Corporate Finance
Tim Oliver VP Project Development
lix team
$1.8b
$3.1b
merger
$112M
$2.4b
Transactions the team has been involved in:
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2011 2012
acquisition
$434M
* All numbers are approximate
issued & outstanding
capital structure
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28mwarrants
0options
2.8Mfully diluted
30.8mcash
2.2minsider
ownership
30%
* All numbers are approximate
Albemarle’s Silver Peak brine evaporation pond project, the only commercially producing lithium project in North America
commitment to source domestic raw material first
to be invested
tesla gigafactory Albemarle’s Silver Peak brine evaporation pond project
in tax incentives
drive
Nevada is the single best mining jurisdiction in the U.S.#1 #3 ranked globally by the
respected, "FraserInstitute's annual Surveyof Mining Countries."
$4.5b $1.3b
3.5 hours
strategically located property / clayton valley, nevada
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teslagigafactory
Albemarle only producing Lithium mine in North America since 1967
Pure Energy NI 43-101 inferred resource of 816,000 LCE (tons of Lithium)
LiTHIUM X Clayton Valley North claims cover 4,360 acres
lithium processing plant
producing wells
drill holes
Clayton Valley North claims cover
4,360 acres
Contiguous to Albemarle’s Silver Peak mine, the only producing lithium operation in North America, with 2 production wells bordering the property.
property
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Batteries have long powered gadgets. They now have started to power cars, and pretty soon will be helping to keep the lights on, opening up a “massive” and “untapped” opportunity for investors.
MarketWatch, october 2015
1m
industry momentum
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Political / Social
Business
elon musk announces that it'stesla mandate to acquireresources within the USA
2014-2015
tesla reveals plans to build$5b gigafactory in nevada
tesla takes $800m in pre-orders for its new home batteries in just 2 weeks
obama revealsclean energy plan
the us deems lithium a strategic metal
in september the 1 miilionth electric car is built apple plans to ship
driverless cars by 2019FMC announced 15% increase in lithium price
google's self driving cars reach the milestone of 1 million milestsx-v listed company
agreement to supplytesla with lithium
hydroxide
volkswagen dieselgate scandal causes uproar
stock price fallsby 30%
unprecedented Demand Growth
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Key demand driversthrough 2025
demand is forecast to outstrip supplyby 25% by 2020
Lithium hydroxide “sold out” in 2015 Luke Kissam, CEO Albemarle, Aug 2015
source: credit suisse, 2014
2008
2009
2010
2011
2012
2013
2014
e
2015
e
2016
e
2017
e
2018
e
2019
econsumer
cagr8-10%
transportation
cagr20-30%
renewablegrid storage
cagr>30%
2020e
40%
adjustedsupply
demand effectiveoperatingrate
scenario 1 scenario 2 scenario 3
0
50
100
150
200
250
300
350
400
‘000tonnes
50%
60%
70%
80%
90%
100%
110%
120%
global supply
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Hard rock
Brine
current hard rock and brine projects are capacity constrained
geopolitics restrict production in some areas
of US lithiumis imported
source: USGS Mineral Commodity Summaries
Liz Jarvis-Shean, a Tesla spokeswoman said in an e-mail. - Bloomberg, March 2014
claytonvalley, nv
chile argentina
australia
china
4%
42%
80% 36%
14%
Tesla's commitment to source domestic raw materials: “It will enable us to establish a supply chain that is
local and focused on minimizing environmental impact while significantly reducing battery cost.”
price increase
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Lithium prices could increase dramatically without noticeably affecting retail prices of consumer electronics, electric vehicles or large storage batteries.
Pricing for lithium carbonatehas tripled since 2003
source: roskill and signumbox source: Stormcrow
historical prices
price forecast
lithium carbonate
lithium carbonate
2002 $2,000$7,390
$7,970
$8,430
$8,830
$9,200
$2,000
$4,000
$5,000
$6,000
2004
2006
2008
2012
2016
2018
2020
2022
2024
USD/ton 99.5%
USD/ton
FMC recently announced “across theboard 15% increase in price”
lithium
of battery cost=$ ~2%
* All numbers are approximate
faster (not weather dependent)
higher purity
compact and cheaper
sustainable and more
environmentally friendlyTenova Bateman: LiSX Technology
posco: POSLX Technology
Outotec Lithium Production Technology
Stria
Simbol
Enirgi
Candidate Processes:
anticipated advantages of advanced technology vs. solar evaporation ponds
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By being strategically positioned adjacent to the only producing lithium mine in North America and leveraging modern advances in lithium extraction.
So how does LiX plan to take advantage of this opportunity?
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#3123 – 595 Burrard Street, Bentall IIIVancouver, BC V7X 1A0Canada
contact
HEAD OFFICE
Brian [email protected]
ceo
Mario Vetro+1-604-687-7130 ext. [email protected]
INVESTOR RELATIONS
www.lithium-x.com
WEB CONTACT