POSITIONED FOR EXCEPTIONAL GROWTH MINERAL COMMODITIES LTD PRESENTATION - 7th GRAPHITE & GRAPHENE CONFERENCE LONDON - 7th SEPTEMBER 2018 ASX: MRC | www.mineralcommodities.com
DISCLAIMER AND COMPETENT PERSON STATEMENT This document has been prepared by Mineral Commodities Ltd (MRC or disseminate any updates or revisions to any forward looking statements in The information from Mr du Toit was prepared under the JORC Code the Company) and comprises written materials / slides for a presentation these materials to reflect any change in expectations in relation to any (2012). Mr du Toit consents to inclusion in the report of the matters concerning MRC. This is not a prospectus, disclosure document or forward looking statements or any change in events, conditions or based on this information in the form and context in which it appears. offering document. circumstances on which any statement is based. Nothing in these materials The information in this presentation which relates to Mineral Resources shall under any circumstances create an implication that there has been no for Munglinup is based on information compiled by Mr Adriaan du Toit This document is for information purposes only and does not constitute or change in the affairs of MRC since the date of this presentation. who is a member of the AusIMM and an independent consultant to Gold form part of any offer or invitation to acquire, sell or otherwise dispose of, Terrace Pty Ltd. Mr du Toit is the Director and Principal Geologist of or issue, or any solicitation of any offer to sell or otherwise dispose of, The information in this presentation which relates to Exploration Results, AEMCO Pty Ltd and has over 26 years’ of exploration and mining purchase or subscribe for, any securities, nor does it constitute investment Mineral Resources or Ore Reserves for Xolobeni is based on information experience in a variety of mineral deposits and styles. Mr du Toit has advice, nor shall it or any part of it nor the fact of its distribution form the compiled by Mr Allen Maynard, who is a Member of the Australian Institute of sufficient experience which is relevant to the style of mineralisation and basis of, or be relied on in connection with, any contract or investment Geosciences (“AIG”), a Corporate Member of the Australasian Institute of type of deposit under consideration and to the activity he is undertaking decision. Mining & Metallurgy (“ AusIMM ”) and independent consultant to the Company. to qualify as a Competent Person as defined by the JORC Code (2012). Mr Maynard is the Director and Principal Geologist of Al Maynard & Certain statements in this presentation are forward looking statements. Associates Pty Ltd and has over 37 years’ of exploration and mining The information from Mr du Toit was prepared under the JORC Code You can identify these statements by the fact that they use words such as experience in a variety of mineral deposit styles. Mr Maynard has sufficient (2012). Mr du Toit consents to inclusion in the report of the matters “anticipate”, “estimate”, “expect”, “project”, “intend”, “plan”, “believe”, based on this information in the form and context in which it appears. experience which is relevant to the style of mineralisation and type of deposit “target”, “may”, “assume” and words of similar import. These forward under consideration and to the activity which he is undertaking to qualify as a The information in this presentation which relates to the Ore Reserve for looking statements speak only as at the date of this presentation. These Competent Person as defined in the 2004 Edition of the Australasian Code Munglinup is based on information compiled by Mr Daniel Hastings, statements are based on current expectations and beliefs and, by their for reporting of Exploration Results, Exploration Targets, Mineral Resources who is a Member of the AusIMM. Mr Hastings is an employee of nature, are subject to a number of known and unknown risks and and Ore Reserves (“JORC Code (2004 )”) . This information was prepared and Hastings Bell Pty Ltd and a consultant to the Company. Mr Hastings has uncertainties that could cause the actual results, performances and first disclosed under the JORC Code (2004). It has not been updated since sufficient experience relevant to the type of deposit under achievements to differ materially from any expected future results, to comply with the 2012 Edition of the Australasian Code for Reporting of consideration to qualify as a Competent Person as defined by the JORC performance or achievements expressed or implied by such forward Exploration Results, Mineral Resources and Ore Reserves (“JORC Code Code (2012). Mr Hastings consents to the inclusion in the report of the looking statements. No representation, warranty or assurance (express or (2012 )”) on the basis that the information has not materially changed since it matters based on the reviewed information in the form and context in implied) is given or made by MRC that the forward looking statements was last reported. Mr Maynard consents to inclusion in the report of the which it appears. contained in this presentation are accurate, complete, reliable or adequate matters based on this information in the form and context in which it appears. or that they will be achieved or prove to be correct. Except for any The information in this presentation that relates to metallurgy, the The information in this presentation which relates to Exploration Results, statutory liability which cannot be excluded, each of MRC, its related process plant and infrastructure design for Munglinup is based on Mineral Resources or Ore Reserves for Tormin is based on information companies and the respective officers, employees and advisers expressly information compiled and reviewed by Mr David Pass, who is a Member compiled by Mr Adriaan du Toit, who is a Member of the AusIMM and was disclaim any responsibility for the accuracy or completeness of the forward of the AusIMM. Mr Pass is an employee of Battery Limits Pty Ltd. Mr previously an independent consultant to the Company. Mr du Toit is the looking statements and exclude all liability whatsoever (including Pass has sufficient experience relevant to process plant and Director and Principal Geologist of AEMCO Pty Ltd and has over 26 years’ of negligence) for any director in direct loss or damage which may be infrastructure design thereof to qualify as a Competent Person as suffered by any person as a consequence of any information in this exploration and mining experience in a variety of mineral deposits and styles. defined by the JORC Code (2012). Mr Pass consents to the inclusion in presentation or any error or omission there from. Mr du Toit has sufficient experience which is relevant to the style of the report of the matters based on the reviewed information in the form mineralisation and type of deposit under consideration and to the activity Subject to any continuing obligation under applicable law or any relevant and context in which it appears. which he is undertaking to qualify as a Competent Person as defined in the listing rules of the ASX, MRC disclaims any obligation or undertaking to JORC Code (2012). 2
OVERVIEW AND RECENT ACHIEVEMENTS ● Board & Management team - proven history of project delivery on time and on budget ● Diversified - emerging commodity and jurisdictional ● Proven Performance – YoY financial and production improvement ● Dividend – peer leading 5.1% yield* ● Tormin, South Africa – 4 years operational history, highest grade mineral sands mine in the world ● Tormin Expansion - near-term expansion development project, potential 10 year mine extension ● Munglinup Graphite Project, Western Australia - defined near-term pathway to development ● Western Australian exploration prospects - portfolio of lithium, gold, copper, iron ore, vanadium ● Iran mining sector - first mover advantage ● Business strategy – near-term fully funded from existing cashflow * Based on annual dividends of 1.2 Australian cps and closing price of 23.5 Australian cps at close of business 31 July 2018 3
CORPORATE PROFILE ASX : MRC SUBSTANTIAL SHAREHOLDERS – Top 20 hold 90.73% Au Mining Limited 26.7% SHARES ON ISSUE 418,591,571 Zurich Bay Holdings Pty Ltd 18.6% Tormin Holdings Limited 14.8% PERFORMANCE RIGHTS 5,300,000 M&G Investment Management Limited 8.8% MARKET CAPITALISATION Mr & Mrs Anthony C Lowrie 6.6% A$98.4m at A$0.235* BOARD OF DIRECTORS BORROWINGS Mark Caruso Executive Chairman/Chief Executive Officer US$3.0m at 30 June 2018 Joseph Caruso Non-Executive Director CASH BALANCE Peter Torre Non-Executive Director/Company Secretary US$10.2m at 30 June 2018 (+US$10.4m in trade & other receivables) Ross Hastings Non-Executive Director Guy Walker Non-Executive Director *Share price at close of business 31 July 2018 4
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