Presentation on theme: "Queensland Industrial Minerals Holdings Ltd Queensland Industrial Minerals Holdings Ltd Project Development Plan."— Presentation transcript:
Queensland Industrial Minerals Holdings Ltd Queensland Industrial Minerals Holdings Ltd Project Development Plan
2 QIMH Development Plan Queensland Industrial Minerals Holdings Ltd QIMH Prepared in October 2014
3 Queensland Industrial Minerals Holdings Ltd (QIMH) (1) A unlisted public company (2) 76 shareholders (3) Issued share numbers: 117,058,447 Queensland Industrial Minerals Pty Ltd (QIM) An operating entity Wateranga Project EPM km2 MDL km2 MLA km2 Company Structure 100% ownership of Queensland Industrial Minerals Holdings Ltd (QIMH) An unlisted public company Queensland Industrial Minerals Pty Ltd (QIM) An operating entit y
4 Chairman & Director David Li Non- Executive Directors Felix Cheung Harry Mavrolefterou Yi Wei Shi Company Secretary Tony Tao Ian Mitchell The Board of Director
5 MDL 355 Size: km 2 Date Granted: 01 August 2004 Minerals Sought: Ilmenite, Feldspar, Apatite, Zircon, Iron-Magnetite, Corundum, Rutile and Scandium Location: 25km SE of Mount Perry Town EPM Size: 77.6 km 2 Date Granted: 06 March 2001 Minerals Sought: All Minerals other than coal Location: 25km SE of Mount Perry Town MLA Size: km 2 Term Sought: 50 Years Minerals Sought: Ilmenite, Feldspar, Apatite, Zircon, Iron-Magnetite, Corundum, Rutile and Scandium Tenement
6 Development Overview Environmental Impact Statement (EIS) was lodged on 05 April CHMP was approved by QLD Government on 03 September EIS was approved and Draft EA (MLA 80116) was received on 19 September 2014 Mining Lease Application (MLA 80116) is to be approved in due course in accordance with statutory timeframe. MLA Underlying Land Parcel - Native Title extinguished New drilling program is started in Northern tenement.
7 Construction & Mining Plans Construction Plan Mine Construction expects to commence in High Level Process Plant Design is completed and verified by independent third party expert. Detailed modular plant has been confirmed. Plant & Equipment suppliers have been identified. Capex ranges have been verified. Potential EPC has been identified.
8 Construction Plan Plant & Infrastructure Design Document Generation Detailed Design Tender Packages & Procurement Tender Packages & Construction Commissioning & Operation Mine & Infrastructure Detailed Mine Design Mine Schedule Waste Management Plan Procurement & QA Mining
9 Mine Plan
10 Mining & Backfilling Sequencing
11 ASX Listing Plan Investment Highlights IPO – BBY Lead Manager for ASX Listing Australia’s largest independent stock broker Significant high grade JORC Resource 69Mt JORC classified 5.1% Upside from Additional Resource Drilling in the contiguous northern section indicate significantly higher resources at higher yields. Initial estimates indicate a further 40Mt of additional resource. Low Cost Operation Minimal overburden with no drilling and blasting required Simple Processing Flow sheet
12 ASX Listing Plan Investment Highlights Close Proximity to Existing Infrastructure (1) Located next to the Burnett River (2) 150km to Port of Bundaberg for shipment (3) 2 economical routes to be chosen to haul without further refurbishment. Advanced Regulatory Approvals Expected Strong Cash flows & Investor Returns (1) NPV of $25M before capital raising (2) Expected potential IRR over 60% (3) Expected Payback period less than 3 years Attractive Discount for Pre-IPO Subscription
13 Key Infrastructure Power Road Access 4 Port Access & Facilities Water
14 Power Cummins 1000KW C2G DIESEL GENERATOR SET KMS-1000KW C2G Diesel Generator Set is equipped with Cummins KTA38-G9 diesel engine made by CCEC Cummins Engine Company, Ltd. as original power. It is consisted of three-phase pure copper brushless AC alternator. Besides Solar Power, a KMS-1000KW DIESEL GENERATOR SET will be our power alternative before the Government's power line stretched into out sites a few years later.
16 Road Access The most economical route is travelling north from the site to Bundaberg Port by road via Mt Perry and GinGin. Northern route to Bundaberg port - 150km
17 Port Access & Facilities Memorandum of Understanding has been signed with Queensland Sugar Limited (Port facilities owner) and Port authority in term of the utilisation of Bundaberg BST Shiploading Facilities for mineral sands exports and land for further development. QIMH will have privilege to its loading facilities and indoor pile sites.