Tawana Resources NL : Technology and Low Emission Minerals Conference Presentation

Technology and Low Emission Minerals Conference Presentation - November 2018

Disclaimers

The information contained in this presentation has been prepared by Tawana Resources NL (Tawana). This presentation is not an offer, invitation, solicitation or other recommendation with respect to the subscription for, purchase or sale of any securities in Tawana. This presentation has been made available for information purposes only and does not constitute a prospectus, short form prospectus, profile statement or offer information statement. This presentation is not subject to the disclosure requirements affecting disclosure documents under Chapter 6D of the Corporations Act.

This presentation may contain certain forward looking statements and projections, including regarding estimated resources and reserves, production and operating costs profiles, capital requirements and strategies and corporate objectives. Such forward looking statements/projections are estimates for discussion purposes only and should not be relied upon as representation or warranty, express or implied of Tawana. They are not guarantees of future performance and involve known and unknown risks, uncertainties and other factors many of which are beyond the control of Tawana. The forward looking statements/projections are inherently uncertain and may therefore differ materially from results ultimately achieved.

Tawana does not make any representations and provide no warranties concerning the accuracy of the forward looking statements, and disclaim any obligation to update or revise any forward looking statements based on new information, future events or otherwise, except to the extent required by applicable laws. While the information contained in this presentation has been prepared in good faith, neither Tawana , nor any of its directors, officers, agents, employees or advisors give any representation or warranty, express or implied, as to the fairness, accuracy, completeness or correctness of the information, opinions and conclusions contained in this presentation. Accordingly, to the maximum extent permitted by law, neither Tawana , nor any of its directors, officers, employees, agents or advisers, nor any other person accepts any liability whether direct or indirect, express or limited, contractual, tortious, statutory or otherwise, in respect of the accuracy or completeness of the information or for any of the opinions contained in this presentation or for any errors, omissions or misstatements or for any loss, howsoever arising, from the use of this presentation.

Tawana does not provide any financial or investment 'advice' as that term is defined in the South African Financial Advisory and Intermediary Services Act, 37 of 2002, and we strongly recommend that you seek professional advice.

Notes

All figures throughout this presentation regarding the Project are, unless expressly stated otherwise, presented on a 100% of Project basis. Tawana, through its 100% owned subsidiary Lithco No. 2 Pty Ltd owns a 50% interest in the Project comprising the Bald Hill tenements, the processing plant and infrastructure at Bald Hill, and all minerals from the Bald Hill tenements under the terms of the Bald Hill Joint Venture Agreement. Refer to announcement of 24 October 2017.

All material assumptions and technical parameters underpinning the Mineral Resource and Mineral Reserve estimates in the ASX announcement dated 6 June 2018 continue to apply and have not materially changed since it was last reported.

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Company Highlights

Corporate
Track record of fast growth	Fast tracked to lithium production - under 16 months to production.
Experienced Mgt team & board	Strong senior leadership team with proven track record of creating shareholder value.
Merger to create sizeable producer	Proposed merger of Bald Hill JV partners Tawana and Alliance to create a sizeable producer of quality lithium concentrate.
Bald Hill Lithium & Tantalum Mine
Premium lithium product	Top quality +1mm spodumene concentrate (low mica, low iron).
Premium tantalum product	Premium tantalum concentrates: Exceptionally low U, Th, As, Sb.
Ramping up	Targeting 55,000t to 60,000t of spodumene concentrate between July '18 and December '18.
Increased throughput	Fines Circuit upgrade commenced: targeting throughput increase to 300tph & increased recovery.
Resource Growth Potential	Significant resource growth potential from successful step out drilling, and new areas identified.

Corporate Overview

Capital Structure TAW

ASX/JSE Code

TAW

Issued Shares

578M

Options Issued (Exc $0.06 - $0.50)

18.7M

Cash (as at 30 September 2018 )

A$11.4M

Market Capitalisation ($A0.28c) (as at 12 Nov '18)

Supportive Shareholder Base

Major Shareholders (as at 14 Sept 2018)

A$162M

%

Weier Antriebe und Energietechnik GMBH 13.18%

Tribeca Investment Partners 11.03%

Merriwee Pty Ltd 5.34%

CG Nominees (Australia) Pty Ltd 4.84%

Mr Mark Calderwood 3.78%

Institutional Holders

~17%

12 Month Share Price Performance

0.60

0.50

0.40

0.30

0.20

0.10

0.00

Nov-17

Dec-17

Jan-18

Feb-18

Mar-18

Board & Management

Apr-18

May-18

Rob Benussi Non-Executive Chairman

Jun-18

Jul-18

Aug-18

Sep-18

Oct-18

• ▪ Extensive experience in Finance, Corporate Advisory, Stockbroking and Business Development.

Mark Calderwood Managing Director

10,000,000 8,000,000

6,000,000

4,000,000 2,000,000 0

Nov-18

• ▪ 30 years' mineral exploration including 7+ years in pegmatite minerals

• ▪ Co-Author of "Pegmatites of Western Australia"

• ▪ CP Member AusIMM

Bob Vassie Non-Executive Director

• ▪ Mining Engineer with 33 years' international mining industry experience

  Top 20

  63%

• ▪ 18 years' experience in a range of senior management roles

• ▪ MD & CEO of St Barbara (SBM)

Mark Turner Non-Executive Director

• ▪ Mining Engineer with 30 years of experience in the resources sector

• ▪ Fellow AusIMM

Vicki Xie Non-Executive Director

• ▪ 16+ years' experience in Accounting and Finance

• ▪ Experience in fund raising, acquisition and private equity investment

Bald Hill Project overview

• ▪ Tawana owns 50% of the Bald Hill Lithium and Tantalum Mine in JV with Alliance Mineral Assets Limited (SGX: 40F).

• ▪ The Bald Hill Project is located south east of Kambalda in the Eastern Goldfields of Western Australia.

• ▪ The Bald Hill Project comprises 769km2.

• ▪ First Western Australian lithium mine into production since 2016 (excluding DSO).

Pegmatite-hosted mines, deposits & prospects South West, WA.

Source: DMIRS