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The Hon. Kon Vatskalis Minister for Mines & Energy.

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Presentation on theme: "The Hon. Kon Vatskalis Minister for Mines & Energy."— Presentation transcript:

1 The Hon. Kon Vatskalis Minister for Mines & Energy

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13 Trevor Tennant Managing Director Bootu Creek Resources

14 [ m Fully paid ordinary shares99.4 Unlisted options cents/share)3.5 Fully diluted capital102.9 $m Market Cash$ 30 DebtNil OM Holdings Limited Issued Capital

15 [ Key Objectives Develop an integrated manganese business that will enable OMH to become a global player in the Asian Manganese Business. Make use of established marketing skills to develop new business units that feed the Asian Steel Business.

16 [ OM Holdings has Three Business Units: Trading Alloy Production Manganese Ore Production

17 [ Bootu Creek Resources A wholly owned subsidiary of OM Holdings

18 [ Bootu Creek Resources Agreement with Scriven November 2000 Exploration Agreement with NLC September 2001 Granted EL September 2001 First Drill Hole October ,000 meters drilling completed by September 2003 Feasibility Study completed by August 2004

19 [ Mining Agreement & Haul Road Lease Agreements by October 2004 Tripartite Agreement completed in October 2004 Environmental Approvals September 2004 Site Access granted October 15 th 2004 Construction of Haul Road commenced October 16 th 2004 Bootu Creek Resources

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23 [ Key Success Factors Transport infrastructure Assistance by NT Geological Survey Co-operative Approach by NLC Support by special projects group by the Chief Minister’s Office Ready access to all levels of NT Government Consistent support by Member from Barkly

24 [ Mined in the 50’s BHP held the tenements in 1996/1997 EM Survey and Drilling Neil Scriven made application for EL10412 in 2000

25 [ Strata Bound Strike Persistent Parallel Seams Low Exploration Costs

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28 [ Bootu Creek Initial annual production rate: Lump 450,000 tonnes Fines 150,000 tonnes Mass Yield 50% Product Specification Mn 45% SiO2 12% Fe 5% P.04%

29 [ First Shipment Third Quarter 2005

30 [ Questions


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