Prescient presentation - Petmin

Recommendations

Info

Vision: To develop into a geographically diversified, multicommodity mining company that will deliver sustainable and superior returns to shareholders 18 Strategy Organic and acquisitive growth Focusing on a mix of quality cash-producing assets and projects that create “optionality” Capitalise on the steel value chain and focus on commodities that support infrastructure development and urbanisation COMMODITIES <strong>Petmin</strong> is focussed on infrastructure development and urbanisation commodities such as: • Copper • Iron Ore • Metallurgical coals (coking & anthracite) • Manganese • Chrome • Other steel additives • Potash PETMIN ACQUISITION Leadership STRATEGY Our “Leadership at the Corporate Centre” is tasked with implementing the Board Approved Strategies and setting the tone for the business The role of the Corporate Centre is to allocate capital and employ the best possible teams for the various projects/operations The management system is decentralised and each management team is disciplined, innovative and entrepreunaral Goal To deliver sustained and superior risk-adjusted returns (capital growth and dividend) to its stakeholders PETMIN – 2010 Market Cap ~ $250m JSE Main Board LSE Aim Market Anthracite/Silica Operations Iron Ore / Pig Iron Projects Predominantly South African Assets 2010 – 2015 Potentially through one transaction or a series of transactions GEOGRAPHIES <strong>Petmin</strong> will invest in politically-stable countries with security of tenure INVESTMENT CRITERIA • Opportunities must have a long potential life of mine i.e. >20 years • The ore body must be of high quality and yield a return (IRR) of at least 20% • Projects must have the ability to produce at least $30m PBT per annum at full production • Operations must be at the bottom 50% of the cost curve • Projects should be able to produce BFS within 36 months of initial investment • Dividend and gearing policies to be maintained PETMIN – 2015 Market Cap > $600m Listed on LSE Main Board FTSE 250 Infrastructure Based Commodities – mix of cash producing operations & projects South Africa Assets
Our strategy is based on key pillars 19 …Committed …A PLATFORM to growth, FOR dedicated GROWTH to value
Page 1 and 2: 1 Prescient Presentation The upside
Page 3 and 4: 3 Disclaimer No representation, war
Page 5 and 6: 5 Petmin’s share price outperform
Page 7 and 8: Current overview of Petmin 7 Red Cr
Page 9 and 10: 9 Significant upside potential as a
Page 11 and 12: Petmin Board and management governa
Page 13 and 14: Urbanisation and infrastructure Los
Page 15 and 16: Urbanisation has a double effect on
Page 17: The effect of urbanisation and infr
Page 21 and 22: Petmin valuation curve - Huge optio
Page 23 and 24: Investor presentation - 14 November
Page 25 and 26: Somkhele anthracite mine 25 More th
Page 27 and 28: Somkhele anthracite mine 27 …A ST
Page 29 and 30: 29 Performance Summary 2010 and 201
Page 31 and 32: Sale of SamQuarz silica mine 31 Pet
Page 33 and 34: Comprehensive and aggressive Petmin
Page 35 and 36: NAIC 35 …A STRONG …Committed PL
Page 37 and 38: NAIC 37 Executive Summary • Commo
Page 39 and 40: NAIC 39 Metallurgy • Ore dressing
Page 41 and 42: NAIC 41 Example of Drill Core Recon
Page 43 and 44: Iron Ore - Mount Ginka, Liberia 43
Page 49 and 50: Red Crescent Resources (RCR) and Si
Page 51 and 52: SIVAS 51 Note 1 • Phase 1 - Measu
Page 53 and 54: SIVAS $ 1.40 $ 1.20 $ 1.00 $ 0.80 $
Page 55 and 56: Petmin holds a 25% interest in Vere
Page 57 and 58: Petmin value curve - Veremo 57 …A
Page 59: Significant upside potential as at

Prescient presentation - Petmin

Create successful ePaper yourself

Delete template?

Save as template?