LIONTOWN RESOURCES LIMITED ersonal use only
Fast charging towards a low carbon future
Introduction to Liontown Resources
February 2022
ASX: LTR
Important Information
Cautionary Statement
onlyThe production targets and forecast financial information referred to in the Definitive Feasibility Study (DFS) and Downstream Scoping Study (DSS) were based on Proven Ore Reserves (3.4%), Probable Ore Reserves (79.4%) and Inferred Mineral Resources (17.2%). The Inferred material included in the inventory was 14.3Mt @ 1.1% Li2O & 120 ppm Ta2O5. The Inferred material was scheduled such that less than 10% of the Inferred material is mined in the first ten years, with the remainder mined through to the end of the mine life.
The Inferred material does not have a material effect on the technical and economic viability of the project.
There is a low level of geological confidence associated with inferred Mineral Resources and there is no certainty that further exploration work will result in the determination of indicated Mineral Resources or that the production target itself will be realised.
Forward looking statements
useThis Presentation contains forward -looking statements which are identified by words such as 'may', 'could', 'believes', 'estimates', 'targets', 'expects', or 'intends' and other similar words that involve risks and uncertainties. These statements are based on an assessment of present economic and operating conditions, and on a number of assumptions regarding future events and actions that, as at the date of this Presentation, are considered reasonable. Such forward-looking statements are not a guarantee of future performance and involve known and unknown risks, uncertainties, assumptions and other important factors, many of which are beyond the control of the Company, the Directors and the management. The Directors cannot and do not give any assurance that the results, performance or achievements expressed or implied by the forward-looking statements contained in this Presentation will actually occur and investors are cautioned not to place undue reliance on these forward-looking statements. The Directors have no intention to update or revise forward-looking statements, or to publish prospective financial information in the future, regardless of whether new information, future events or any other factors affect the information contained in this Presentation, except where required by law or the ASX listing rules.
ersonalDisclaimer
Whilst care has been exercised in preparing and presenting this presentation, to the maximum extent permitted by law, Liontow n Resources Limited and its representatives:
2
Competent person statement
The Information in this Presentation that relates to Exploration Results and Mineral Resources for the Kathleen Valley Project is extracted from the ASX announcement "Strong progress with Kathleen Valley Definitive Feasibility Study as ongoing work identifies further key project enhancements" released on 8 April 2021 which is available on www.ltresources.com.au.
The Information in this Presentation that relates to metallurgical testwork and process design, Ore Reserves, Production Target and DFS for the Kathleen Valley Project is extracted from the ASX announcement "Kathleen Valley DFS confirms Tier-1 global lithium project with outstanding economics and sector-leading sustainability credentials" released on 11 November 2021 which is available on www.ltresources.com.au.
The Information in this Presentation that relates to the DSS for the Kathleen Valley Project is extracted from the ASX announcement "Updated Downstream Scoping Study Highlights Next Growth Horizon for Kathleen Valley Project" released on 11 November 2021 which is available on www.ltresources.com.au.
The Information in this Presentation that relates to Mineral Resources for the Buldania Project is extracted from the ASX announcement "Liontown announces maiden Mineral Resource Estimate for its 100%-owned Buldania Lithium Project, WA" released on the 8 November 2019 which is available on www.ltresources.com.au.
The Company confirms that it is not aware of any new information or data that materially affects the information included in the original market announcements and that all material assumptions and technical parameters underpinning the estimates or production targets or forecast financial information derived from a production target (as applicable) in the relevant market announcements continue to apply and have not materially changed. The Company confirms that the form and context in which the Competent Person's findings are presented have not been materially modified from the original market announcements.
Authorisation
This Presentation has been authorised for release by the Board.
February 2022
Investment Highlights
onlyuse ersonal3
Globally significant Tier 1 project
Robust lithium thematic, timed to perfection
Clear long-term strategy with material value upside
ESG core to strategy |
Well capitalised with strong flexibility |
Foundational offtake agreement with LG Energy Solution
Experienced leadership strongly aligned to shareholders
| LIONTOWN RESOURCES | February 2022 |
Liontown Corporate Overview
Liontown is focused on the development of the world-class Kathleen Valley Lithium Project
Projects | ||
only | ||
Kathleen Valley World-class scale and economics | ||
156Mt @ 1.4% Li2O & 130ppm Ta2O5 | ||
High-grade | ||
Buldania | 15Mt @ 1.0% Li2O | |
use | Resource upside | |
Strategy | KATHLEEN | |
VALLEY | ||
We aim to be an ESG-leader, and a globally | ||
ersonal | ||
significant provider of battery materials for | ||
the rapidly growing clean energy market | Kalgoorlie | |
Perth | ||
4 | LIONTOWN RESOURCES |
Corporate snapshot (4 Feb 2022)
ASX: LTR
Market Cap. | Share price ($/s) | ||||
A$3.2bn | A$1.46 | ||||
Shares on issue1 | Major shareholders | ||||
2,192m | Top 20 | ||||
50% (incl. ~15% | |||||
held by | |||||
Chairman - | |||||
Tim Goyder) | |||||
Cash and term deposits2 | Research coverage | ||||
A$474m |
- Includes 7.8m SPP shares issued on 4 February 2022.
- Unaudited balance as of 31 December 2021, plus SPP proceeds of A$13m.
February 2022
Board and Management
Highly experienced Board and Executive Leadership Team, with a track record of delivering shareholder value
Board of Directors | |
only | Tim Goyder |
Chairman | |
+40 years (Mining Executive) | |
Founder of Chalice Mining | |
use | Anthony Cipriano |
Non-Executive Director | |
+30 years (Chartered | |
Accountant) | |
Former Senior | |
ersonal | Partner at Deloitte |
Steven Chadwick | |
Non-Executive Director
+40 years (Metallurgist) Director of Lycopodium Limited
5 | LIONTOWN RESOURCES
Craig Williams
Non-Executive Director +40 years (Geologist)
Founder and CEO of Equinox Minerals
Jennifer Morris
Non-Executive Director
+20 years (Corporate Executive)
Director of Fortescue Metals and
Sandfire Resources
Tony Ottaviano
Managing Director
+30 years (Mech. Engineer)
Former BHP, Rio Tinto, and Wesfarmers executive
Executive Leadership Team
Tony Ottaviano
Managing Director / CEO
+30 years (Mech. Engineer)
Former BHP, Rio Tinto, and Wesfarmers executive
Adam Smits
COO
+20 years (Mech. Engineer)
Former COO
Nzuri Copper
Craig Hasson
CFO
+15 years (Chartered Accountant) Commercial & Financial experience
Clint McGhie
Company Secretary
+15 years (Chartered Secretary and Chartered Accountant)
Commercial & Governance experience
February 2022
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Disclaimer
Liontown Resources Limited published this content on 08 February 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 08 February 2022 01:50:02 UTC.
