For personal use only June 2019 1 Disc laimer For personal use - PowerPoint PPT Presentation

For personal use only June 2019 1

Disc laimer For personal use only R: T he info rma tio n in this pre se nta tio n is a n o ve rvie w a nd do e s no t c o nta in a ll info rma tio n ne c e ssa ry fo r inve stme nt de c isio ns. I n ma king inve stme nt de c isio ns in COMPANY DISCL AIME c o nne c tio n with a ny a c q uisitio n o f se c uritie s, inve sto rs sho uld re ly o n the ir o wn e xa mina tio n a nd c o nsult the ir o wn le g a l, b usine ss a nd/ o r fina nc ia l a dvise rs. T his do c ume nt ha s b e e n ma de a va ila b le fo r info rma tio n purpo se s o nly a nd do e s no t c o nstitute a pro spe c tus, sho rt fo rm pro spe c tus, pro file sta te me nt o r o ffe r info rma tio n sta te me nt. T his do c ume nt is no t sub je c t to the disc lo sure re q uire me nts a ffe c ting disc lo sure do c ume nts unde r Cha pte r 6D o f the Co rpo ra tio ns Ac t 2001 (Cth). T he info rma tio n in this do c ume nt ma y no t b e c o mple te a nd ma y b e c ha ng e d, mo difie d o r a me nde d a t a ny time b y the Co mpa ny, a nd is no t inte nde d to , a nd do e s no t, c o nstitute re pre se nta tio ns a nd wa rra ntie s o f the Co mpa ny. Que e nsla nd Pa c ific Me ta ls Pty L td do e s no t ha ve a sig nific a nt o pe ra ting histo ry o n whic h to b a se a n e va lua tio n o f its b usine ss a nd pro spe c ts. T he re fo re , the info rma tio n c o nta ine d in this do c ume nt is inhe re ntly spe c ula tive . F urthe r, se c uritie s o f c o mpa nie s suc h a s the Co mpa ny g e ne ra lly invo lve a hig he r de g re e o f risk a nd a re mo re vo la tility tha n se c uritie s o f mo re e sta b lishe d c o mpa nie s. Ac c o rding ly, a n inve stme nt in the Co mpa ny must b e c o nside re d a s spe c ula tive . T he info rma tio n c o nta ine d in this do c ume nt ha s b e e n pre pa re d in g o o d fa ith, ne ithe r the Co mpa ny, Que e nsla nd Pa c ific Me ta ls Pty L td, o r a ny o f the ir re spe c tive dire c to rs, o ffic e rs, a g e nts, e mplo ye e s o r a dviso rs g ive a ny re pre se nta tio n o r wa rra nty, e xpre ss o r implie d, a s to the fa irne ss, a c c ura c y, c o mple te ne ss o r c o rre c tne ss o f the info rma tio n, o pinio ns a nd c o nc lusio ns c o nta ine d in this do c ume nt. Ac c o rding ly, to the ma ximum e xte nt pe rmitte d b y la w, no ne o f the Co mpa ny, Que e nsla nd Pa c ific Me ta ls Pty L td, the ir re spe c tive dire c to rs, e mplo ye e s o r a g e nts, a dvise rs, no r a ny o the r pe rso n a c c e pts a ny lia b ility whe the r dire c t o r indire c t, e xpre ss o r limite d, c o ntra c tua l, to rtuo us, sta tuto ry o r o the rwise , in re spe c t o f, the a c c ura c y o r c o mple te ne ss o f the info rma tio n o r fo r a ny o f the o pinio ns c o nta ine d in this do c ume nt o r fo r a ny e rro rs, o missio ns o r missta te me nts o r fo r a ny lo ss, ho wso e ve r a rising , fro m the use o f this do c ume nt. T his do c ume nt ma y c o nta in sta te me nts tha t ma y b e de e me d “fo rwa rd lo o king sta te me nts”. F o rwa rd risks, unc e rta intie s a nd o the r fa c to rs, ma ny o f whic h a re o utside the c o ntro l o f the Co mpa ny c a n c a use a c tua l re sults to diffe r ma te ria lly fro m suc h sta te me nts. T he Co mpa ny ma ke s no unde rta king to upda te o r re vise suc h sta te me nts, b ut ha s ma de e ve ry e nde a vo ur to e nsure tha t the y a re fa ir a nd re a so na b le a t the time o f ma king this do c ume nt. I nve sto rs a re c a utio ne d tha t a ny fo rwa rd-lo o king sta te me nts a re no t g ua ra nte e s o f future pe rfo rma nc e a nd tha t a c tua l re sults o r de ve lo pme nts ma y diffe r ma te ria lly fro m tho se pro je c te d in a ny fo rwa rd-lo o king sta te me nts ma de . : I nfo rma tio n in this pre se nta tio n re la ting to the pro c e ssing a nd me ta llurg y is b a se d o n te c hnic a l da ta c o mpile d b y Mr Bo yd Willis, a n I nde pe nde nt COMPE T E NT PE RSON ST AT E ME NT Co nsulta nt tra ding a s Bo yd Willis Hydro me t Co nsulting . Mr Willis is a F e llo w a nd Cha rte re d Pro fe ssio na l o f T he Austra la sia n I nstitute o f Mining a nd Me ta llurg y (AusI MM). Mr Willis ha s suffic ie nt e xpe rie nc e whic h is re le va nt to me ta l re c o ve ry fro m the style o f mine ra lisa tio n a nd type o f de po sits in Ne w Ca le do nia whe re the o re will b e so urc e d (fro m third pa rtie s pursua nt to a n o re supply a g re e me nt) a nd to the a c tivity whic h the y a re unde rta king to q ua lify a s a Co mpe te nt Pe rso n unde r the 2012 E ditio n o f the ‘ Austra la sia n Co de fo r re po rting o f E xplo ra tio n Re sults, Mine ra l Re so urc e s a nd Ore Re se rve s’ . T his inc lude s o ve r 21 ye a rs o f e xpe rie nc e in me ta l re c o ve ry fro m L a te rite o re s. Mr Willis c o nse nts to the inc lusio n o f the te c hnic a l da ta in the fo rm a nd c o nte xt in whic h it a ppe a rs. 2

A Value-Add Business Oppor tunity for Austr alia For personal use only T ownsville E ne rg y Che mic a ls Hub – “T E CH Proje c t” QPM is a wholly owne d subsidia ry of Pure Mine ra ls L imite d (ASX:PM1). A c ritic ism of the Austra lia n re sourc e s se c tor is the la c k of downstre a m proc e ssing for our na tura l re sourc e s. QPM’s T E CH Proje c t will re ve rse this tre nd by proc e ssing e xte rna l sourc e s of ore to produc e va lue - a dde d c he mic a ls for the e me rg ing ba tte ry se c tor. E V Ma r ke t: Ne w Ca le donia : T ownsville : 25,000tp a Ni sulpha te I mpo rta tio n o f 600ktpa Ne w mo de rn re fine ry + 3,000tpa Co sulpha te hig h g ra de Ni-Co o re suppo rte d b y infra struc ture + Va lua b le c o -pro d uc ts a nd ric h histo ry o f nic ke l pro duc tio n 3

Investment Highlights For personal use only  600ktpa pro c e ssing pla nt Po sitive  25,000tpa Ni Sulpha te + 3,000tpa Co Sulpha te + va lua b le c o -pro d uc ts Sc o ping Study M pro c e ss – lo we r c a pe x a nd o pe x c o mpa re d to HPAL  DNi T  Se c ure d hig h g ra d e Ni-Co o re supply a g re e me nt with two Ne w Ca le d o nia mining c o mpa nie s Hig h Gra de  E xpe c te d g ra d e s 1.6% Ni / 0.17% Co (Co ntra c t minimum 1.4% Ni, 0.15% Co )  Re lia ble so urc e tha t pre vio usly supplie d Que e nsla nd Nic ke l Re fine ry fro m 1989 until c lo sure Ore Supply  L o w mining / e xplo ra tio n risk Ne a r T e rm  Ore supply se c ure d – fe a sib ility a nd a ppro va ls wo rk to c o mme nc e in re spe c t to c o nstruc tio n o f the pro c e ssing pla nt Pro duc tio n  Co nstruc tio n o f the pro c e ssing pla nt c a n po te ntia lly b e c o mme nc e d within 18 mo nths  Stro ng fund a me nta ls fo r b a tte ry c he mic a ls (Ni Sulpha te / Co Sulpha te ) Ba tte ry Ma rke t  Nic ke l re surg e nc e F unda me nta ls  Ma jo rity o f wo rld ’ s c o b a lt c o me s fro m DRC – QPM o ffe rs supply fro m a sta b le jurisd ic tio n  E xte nsive infra struc ture ne two rk inc lud ing Po rt, Ra il a nd Ro a d T o wnsville  L o ng te rm histo ry o f ha nd ling a nd pro c e ssing impo rte d o re fro m Ne w Ca le d o nia / Philippine s/ I nd o ne sia L o c a tio n  Skille d la b o ur a nd e ng ine e ring suppo rt  Co mb ine d 75+ ye a rs nic ke l la te rite e xpe rie nc e a nd e xpe rie nc e in Ne w Ca le d o nia E xpe rie nc e d  E xte nsive e xpe rie nc e with d e a ling with o ffta ke rs fo r nic ke l a nd c o b a lt Ma na g e me nt  Stro ng pro je c t d e ve lo pme nt e xpe rie nc e 4

Cor por ate Over view For personal use only Boar d Capital Str uc tur e / Shar e Pr ic e E d d ie K ing 347.7M Non E xe c Chair man Shar e s on issue Jo hn Do wnie 1.9c Managing Dir e c tor Shar e Pr ic e Ca me ro n Mc le a n $6.6M Non E xe c Dir e c tor Mar ke t Cap De fe r r e d Conside r ation Shar e s (subje c t 333.3 to pe r for manc e mile stone s) Shar e holde r s 181.2 3c Options Directors and 2.0 10 Management, 11.89% Other, 43.24% 1.8 8 Acquisition of Share Price (cents) Volume (millions) QPM finalised 1.6 6 1.4 4 1.2 2 Top 20 (ex Directors and Mgt), 44.87% 1.0 0 1-Apr-19 15-Apr-19 29-Apr-19 13-May-19 27-May-19 10-Jun-19 5

T ownsville – T he Ideal L oc ation F ig ure : Port of T ownsville For personal use only y – thro ug h Que e nsla nd Nic ke l Re fine ry, o ve r 50 millio n we t to nne s in Ne w Ca le do nia Ni-Co fe e d ha s b e e n • L ong T e r m Histor impo rte d a nd pro c e sse d in T o wnsville o ve r 30 ye a rs. • e – Po rt, ro a d, ra il, po we r a nd wa te r. Infr astr uc tur • Politic s – po litic a l a lig nme nt to c re a te industry in T o wnsville a nd No rth Que e nsla nd in g e ne ra l – Skille d la b o ur wo rkfo rc e a va ila b le re g io na lly. • Skille d L abour ial Re gion – Stro ng e ng ine e ring suppo rt a nd lo ng te rm histo ry o f industria l a c tivity. • E stablishe d Industr • y Hub – I mpe rium3 is pla nning to c o nstruc t a b a tte ry fa c to ry in T o wnsville . F utur e Batte r • ogistic s – c lo se pro ximity to Ne w Ca le do nia minimising o c e a n fre ig ht c o sts. L • Ac id Supply – Sulphuric a c id pro duc e d in T o wnsville (Sun Me ta ls re fine ry) a nd Nitric a c id pro duc e d in Gla dsto ne . 6