Presentation is loading. Please wait.

Presentation is loading. Please wait.

International Mining & Infrastructure Corporation PLC UK Cameroon Trade & Investment Forum | 7 May 2014 Unlocking the Value of African Iron Ore.

Similar presentations


Presentation on theme: "International Mining & Infrastructure Corporation PLC UK Cameroon Trade & Investment Forum | 7 May 2014 Unlocking the Value of African Iron Ore."— Presentation transcript:

1 International Mining & Infrastructure Corporation PLC UK Cameroon Trade & Investment Forum | 7 May 2014 Unlocking the Value of African Iron Ore

2 Disclaimer The information contained in these slides together with any other material provided ("Presentation Materials") does not comprise an admission document, listing particulars or a prospectus relating to International Mining & Infrastructure Corporation plc (the "Company") or to Afferro Mining Inc. (“Afferro”) or any of their respective subsidiaries. The Presentation Materials have not been approved by any regulatory authority in the United Kingdom, Canada or elsewhere, and do not constitute an offer or invitation to purchase or subscribe for any securities of either the Company or Afferro (“Securities”) and should not be relied on in connection with a decision to purchase or subscribe for any such Securities. The Presentation Materials should not be distributed, published, reproduced or otherwise made available in whole or in part to any other person and, in particular, should not be distributed in or into the United States of America (the “United States”), the Republic of South Africa, Australia or Japan or in any other country outside the United Kingdom where such distribution may lead to a breach of any legal or regulatory requirement (each a “Restricted Territory”). Any failure to comply with these restrictions may constitute a violation of the laws of the relevant jurisdiction. No securities commission or similar authority in Canada has in any way passed on the merits of the Securities and any representation to the contrary is an offence. Accordingly, subject to certain exceptions, the Securities may not, directly or indirectly, be offered or sold within a Restricted Territory. The Presentation Materials do not constitute, or form part of, any offer or invitation to sell or issue, or any solicitation of any offer to subscribe for or purchase any Securities, nor shall it, or the fact of its distribution, form the basis of, or be relied upon in connection with, or act as any inducement to enter into, any contract or commitment whatsoever with respect to such Securities. In particular, the Presentation Materials have not been approved by an authorised person pursuant to Section 21 of the Financial Services and Markets Act 2000 ("FSMA") and accordingly it is being delivered in the United Kingdom only to persons to whom the Presentation Materials may be delivered without contravening the financial promotion prohibition in Section 21 of the FSMA. Those persons are described in the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 ("Order") and include persons who have professional experience in matters relating to investments and who fall within the category of persons set out in Article 19 of the Order and are “investment professionals” or high net worth bodies corporate, unincorporated associations or partnerships and trustees of high net worth trusts as described in Article 49 of the Order. Any investment activity to which the Presentation Materials relates in the United Kingdom is available to, and will only be engaged with such persons and the Presentation Materials should not be acted or relied upon in the United Kingdom by persons of any other description. The Presentation Materials and the accompanying verbal presentation do not constitute a recommendation regarding any decision to sell or purchase Securities and have been solely prepared by the Company and is being delivered for informational purposes only to a limited number of persons to assist them in deciding whether or not they have an interest in investing in the Company. The Presentation Materials do not purport to contain all information that a prospective investor may require. Neither the Company nor its shareholders, directors, officers, agents, employees, or advisors give, has given or has authority to give, any representations or warranties (express or implied) as to, or in relation to, the accuracy, reliability or completeness of the information in the Presentation Materials, or any revision thereof, or of any other written or oral information made or to be made available to any interested party or its advisers (all such information being referred to as "Information") and liability therefore is expressly disclaimed. Accordingly, neither the Company nor any of its shareholders, directors, officers, agents, employees or advisers take any responsibility for, or will accept any liability whether direct or indirect, express or implied, contractual, tortuous, statutory or otherwise, in respect of the accuracy or completeness of the Information or for any of the opinions contained herein or for any errors, omissions or misstatements or for any loss, howsoever arising from the use of the Presentation Materials. In furnishing the Presentation Materials, the Company does not undertake or agree to any obligation to provide the recipient with access to any additional information or to update the Presentation Materials or to correct any inaccuracies in, or omissions from, the Presentation Materials which may become apparent. The Presentation Materials are confidential information and are the property of the Company and are made available strictly for the purposes referred to above. Some of the Information has not yet been announced pursuant to the AIM Rules of the London Stock Exchange and as such may constitute relevant information for the purposes of section 118 of FSMA and non-public price sensitive information for the purpose of the Criminal Justice Act Information relating to Afferro, AIOG and Chinese entities has been extracted from publicly available information and has not been independently verified by the Company or any of its shareholders, directors, officers, agents, employees or advisers. Recipients of the Presentation Materials are deemed to undertake to the Company not to deal in any way in Securities until the earlier of the date of: (i) a formal announcement by the Company in connection with the proposed placing; and (ii) recipients are informed that the Company is not proceeding with the proposed placing. Dealing in Securities in advance of this date may result in civil and/or criminal liability. The Presentation Materials and any further confidential information made available to any recipient must be held in complete confidence and documents containing such information may not be reproduced, used or disclosed without the prior written consent of the Company. The Presentation Materials shall not be copied, published, reproduced or distributed in whole or in part at any time without the prior written consent of the Company. By accepting delivery of the Presentation Materials, the recipient agrees to return it to the Company at the request of the Company. The Presentation Materials should not be considered as the giving of investment advice by the Company or any of its shareholders, directors, officers, agents, employees or advisors. Each party to whom the Presentation Materials are made available must make its own independent assessment of the Company after making such investigations and taking such financial, and or legal, advice as may be deemed necessary. In particular, any estimates or projections or opinions contained herein necessarily involve significant elements of subjective judgment, analysis and assumption and each recipient should satisfy itself in relation to such matters. The Securities have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the “US Securities Act”) or with any securities regulatory authority of any state or other jurisdiction of the United States and may not be offered or sold within the United States or to, or for the account or benefit of, any US Person as that term is defined in Regulation S under the US Securities Act except pursuant to an exemption from or in a transaction not subject to the registration requirements of the applicable securities legislation. The Company has not been registered and will not be registered under the United States Investment Company Act of 1940, as amended. Some statements contained in the Presentation Materials or in documents referred to in it are or may be forward-looking statements, including, but not limited to, statements as to future operating results, reserves, work plans and potential acquisitions and contracts. Such statements reflect the Company’s current views with respect to future events and there can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Although the Company believes that such forward-looking statements, which speak only as of the date of the Presentation Materials, are reasonable, no assurance can be given that they will prove to be correct. Accordingly, you should not place undue reliance on forward-looking statements due to the inherent uncertainty therein. Actual results may differ from those expressed in such statements, depending on a variety of reasons. The development and production plans and estimates set out herein represent the current views of the Company's management. The Company’s board of directors reviews the production estimates on an ongoing basis. All planning is subject to available funding and capital allocation decisions. None of the Company’s agents nor advisors intends to update these forward-looking statements and expressly disclaim any obligation to update or revise any forward-looking statements, whether as a result of new information, future developments or otherwise, except as may be required by applicable law. In accordance with AIM Rule 26, all required information on the Company is published on its website: 2

3 The IMIC team Babacar NdiayeRilwanu LukmanGuoping Liu Non Executive Directors Andrew Buxton John NegroponteMagnus EricssonCarson Wen Advisory Board  Highly experienced executive, non-executive and advisory team  Corporate, financial, diplomatic and geo-political expertise  Track record of running iron ore projects in Africa Haresh Kanabar Chairman Ousmane Kane CEO James Ward FD Khalifa Beyah COO Executive Management 3

4 4 IMIC’s ambition Shipping the first iron ore ever to be produced from Cameroon

5 IMIC: overview  Innovative approach to unlock the value of iron ore in Africa, facilitating economic and social development  Infrastructure and offtake are at the forefront of our strategy  We work closely with major Chinese companies and other partners  Own four, high quality iron ore licences in Cameroon  Quoted on AIM market of London Stock Exchange 5

6 Cameroonian assets  World class asset at Nkout: located 330km from the natural deep sea port; 2.5 billion tonnes of indicated and inferred resource high grade product of up to 70% Fe  Potential for early revenues from smaller Ntem project Located < 80km from Kribi deep-water port 115 million tonnes of initial indicated and inferred resource high grade product of up to 70% Fe  Two further licences: Ngoa and Akonolinga 6

7 Nkout: Pre-feasibility study  Pre-feasibility study at Nkout set for completion in Q  PFS undertaken by highly experienced and regarded entities 7 PFS Key roles: Overall PFS Lead Manager Hatch Rail Line and Port Facility Component CREEC Geology and Mineral Resource Estimate Component SRK Mining Component AMC Environmental and Social Impact Assessment ERM PFS Key roles: Overall PFS Lead Manager Hatch Rail Line and Port Facility Component CREEC Geology and Mineral Resource Estimate Component SRK Mining Component AMC Environmental and Social Impact Assessment ERM

8 Ntem: fast-tracking production  Plan to transport ore via a slurry pipeline to Kribi  Potential to use power from locally produced gas  Existing resource estimate supports production of 4mtpa  Definitive feasibility study to begin in Q  Production could begin within months – the first iron ore ever to be shipped from Cameroon  High level study showing exceptionally low capex and opex and high returns

9 Our experience  IMIC has worked in Cameroon for the past year  Supportive Government committed to developing the region’s mining resources  Assisted by an attractive mining code  Significant infrastructure projects already delivered and substantial projects planned  Availability of competitive sources of energy  A stable and supportive environment in which to do business  Kribi Area Development Programme is supportive of Mining Investment in Cameroon 9

10 10 Thank you


Download ppt "International Mining & Infrastructure Corporation PLC UK Cameroon Trade & Investment Forum | 7 May 2014 Unlocking the Value of African Iron Ore."

Similar presentations


Ads by Google