Tres Quebradas (3Q) Lithium Project Investor Presentation TSX.V: NLC; OTCQX:NTTHF September 2017
Forward-Looking and Cautionary Statements This presentation is strictly confidential and intended to be strictly informational. The Company reserves the right, at its sole discretion, to modify all or any part of this presentation without any liability or notification to any person. This presentation includes statements which may be considered forward- looking. These forward-looking statements are based largely on the expectations of management of the Company as at the date hereof and are subject to uncertain events and circumstances which are beyond the control of the Company. Actual results could differ materially from those anticipated. You acknowledge that any reliance on or use by you of this information shall be at your own risk. In no event shall the Company, its directors, officers, employees, agents or advisors be liable for any damages of any kind arising out of or relating to the use of this presentation, including, but not limited to, any of loss of income or profits, incidental, special, indirect or consequential or any similar losses or damages, whether or not advised of the possibility of damages, and on any theory of liability, arising out of or in connection with the use of the information contained herein. This document does not constitute, nor should be construed as, an offer or solicitation of an offer for the purchase of any securities of the Company, nor investment advice or an offering memorandum. No securities commission or similar authority or stock exchange in any jurisdiction has in any way passed on any of the information contained herein. The results described herein are exploratory in nature and there can be no assurance that they are indicative of Mineral Resources as defined in accordance with National Instrument 43-101. The technical contents of this presentation have been reviewed and approved by Dr. Waldo Perez, Ph.D., P. Geo., a qualified person pursuant to National Instrument 43-101 ( “ NI 43-101 ” ). Mr. Perez is CEO and President of the Company, and is a Ph.D in Geology with a technical background in mineral exploration, including lithium brines. Additional information on sample results and estimates at Tres Quebradas are available in the Company ’ s technical report titled “ Technical Report on Tres Quebradas Lithium Project Catamarca Province, Argentina ” with an effective date of June 6, 2016. 1
2 One of the Largest High Grade New Lithium Projects The Right Asset Unique Resource • • Located in the Lithium Triangle M&I resource of 714kt of LCE at 716 mg/L Lithium • • One of the highest grade lithium brine Inferred resource of 1,340kt of LCE at 713 mg/L Lithium • projects in the world Lowest combined impurity of any known salar • • Large salar footprint >150km 2 Significant upside potential on tonnage and porosity • Clean Structure 100% owned and fully permitted • Clean balance sheet with no debt • Strong s/h base: institutional ~40% and insiders ~20% Why Neo Lithium? Fast Track to Development The Right People • • Financed to feasibility with $26M The CEO, - discovered 5 mines - 3 in • Camp/road, laboratory, process production and 2 in development, studies and pilot pond completed including Lithium Americas • • Process studies underway Chairman, sold Neo Materials for $1.3B • • PEA on track for October 2017 Retained world renowned lithium brine engineering firm 2
Project Updates Neo Lithium has successfully delivered results and is on track to develop its 3Q Project 05 Winter Winter season program successfully completed Season 04 Ponds and Weather monitoring station and pilot pond evaporation Weather successfully implemented and data is currently being 03 Data analyzed for production scale pond design Permits EIA Environmental Impact Assessment required for final mining permit 02 expected for Q1 2018 – Baseline data completed for summer, fall and winter Surface Property Surface easement for mine construction granted by mining authorities 01 PEA Preliminary Economic Assessment expected for October 2017 – Based on production rate of 35,000 tonnes per year of lithium carbonate 3
4 The Right Management Team Waldo Perez, Constantine Karayannopoulos, Ph.D. P. Geo . President & CEO Chairman • 28 years of experience – discovered 5 mines (2 in Non Executive Chairman of Neo Performance Materials Board of • production and 3 in development) Directors. Director of the Canada China Business Council and is a member of the Advisory Board at the University of Toronto ’ s • Founder and technical leader of the Cauchari project Department of Chemical Engineering and Applied Chemistry. He acquired through Lithium Americas Corp., holds Bachelor and Master of Applied Science degrees in Chemical Engineering from the University of Toronto. • Previously he served as CEO of Latin American Minerals Inc (LAT), Senior Geologist for Barrick Gold, Previously he served as Chairman and interim President and Chief • IAMGOLD, Apex Geoscience and Opawica Exploration Executive Officer of Molycorp and President and Chief Executive Officer of Neo Material Technologies (Sold to Molycorp Corp for $1.3 B). Director of Lithium Americas Corp. from 2011 to 2015. • Carlos Vicens, Thomas Pladsen, MBA – CFO Director • 15 years of experience financial markets experience • 20 years experience in the exploration and mining • Former Vice President in Scotiabank ’ s Investment industry. Banking Mining team and participated in +$10B of M&A transactions and +$5B in equity and debt • Mr. Pladsen is a director of Carrie Arron Resources Inc., issuances EPM Mining Ventures Inc., KWG Resources Inc., Northfield Capital Corporation and White Pine Resources Inc. Paul Fornazzari, Gabriel Pindar, B.Sc. LLM – Director Director • Currently a partner at the law firm Fasken Martineau • 22 years of experience as a Project Executive in LLP the development of mining projects and large • Former Chairman of Lithium Americas Corp. scale infrastructure (rail and port) in Argentina, • Paul has a broad experience advising boards. Peru, Mexico, Australia, Canada, West Africa and executive teams and investment dealers and acts for United Kingdom. domestic and foreign clients in various industries 4
5 Capital Structure TSX.V: NLC; OTCQX:NTTHF $1.03 ~$90M Ticker Price (September 7, 2017) Market Cap 89.8 ~$26M nil Issued & Outstanding Shares Cash (June 30, 2017) Debt 109.6M ~40%* ~20% FD Outstanding Shares Institutional Ownership Insider Ownership Note: all numbers in Canadian dollars except per share data * Major shareholders include M&G, BlackRock, JPMorgan, Mackenzie, RBIM, Sprott 5
Lithium is the Key Ingredient in Today’s Technology Tablet Power Tools Tesla Model S Up to 30g Up to 60g U p t o 5 0kg Smartphones Laptops Electric Vehicles Up to 3g Up to 40g Up to 65kg Energy Storage E-Bikes Hybrid EVs >500kg Up to 1kg U p t o 2 kg 6
Lithium Industry The Lithium industry is considered to have an oligopoly in production and location of supply Brazil Portugal Zimbabwe Others 3% USA 1% 2% 18% 3% China Albemarle 10% 32% Chile 37% FMC 10% Argentina 11% Tianqi 17% SQM Australia 23% 33% Non-battery demand Batteries (traditional markets) 800 Lithium demand by application (LCE kt) E-Bikes Electric Vehicles 700 Energy Storage Bull 600 The Lithium industry Bear New Curve 500 has strong demand 400 fundamentals led by electric vehicles 300 New Curve includes 7% 200 EV penetration when VW 100 is saying 25% - 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Source: company reports, industry studies and market data 7
The Electric Car Revolution is Accelerating “ “ “ If more than a quarter of our cars This announcement marks the It is definitely true that the are to be electronic vehicles in end of the solely combustion fundamental enabling technology the in the foreseeable future then engine-powered car. for electric cars is lithium-ion. we are going to need approximately three million Hakan Samuelsson - CEO “ “ Elon Musk – Founder/CEO batteries a year. Matthias Müller - CEO “ Over 10 Car Manufacturers have launched or announced plans for electric vehicles 8
Argentina Overview & Turn Around De-Risking Argentina has come a long way in the last 18 months since new Government and President Macri took over 3Q The institutional framework improved dramatically with clear respect Project for the rule of Law Favourable policies towards foreign investors is attracting capital Currency controls were lifted allowing free flow of funds Peso devaluated 50% lowering development costs Export taxes on mineral products were lifted Import restrictions were lifted Provinces are encouraged to attract mining investment Improved outlook on international credit front promoting large infrastructure investments Strong support from national and provincial environmental agencies on Mining Politically-driven environmental activism is on retreat 9
Recommend
More recommend
