Nmr feb2013

326 views

Published on

Perth-based Nimrodel Resources (ASX: NMR) is a mineral exploration company with exploration projects in Africa and Australia. Nimrodel’s current focus is on two adjacent thermal coal projects in Botswana, Takatokwane and Takatokwane South, located approximately 195km west of the capital Gaborone, in Botswana.
In August 2012, the Company announced an upgraded Inferred Resource of 6.9 Bt of raw coal giving a total of 4.51 Bt of washed thermal coal.
NMR is also exploring at the Specimen Reef IOCG prospect at Savage River in Tasmania. The company also holds the Makete, high grade PGE Project in south western Tanzania. This was a presentation delivered to the African mining Conference in Livingstone by MD Allan Mulligan.

Published in: Investor Relations
0 Comments
0 Likes
Statistics
Notes
  • Be the first to comment

  • Be the first to like this

No Downloads
Views
Total views
326
On SlideShare
0
From Embeds
0
Number of Embeds
2
Actions
Shares
0
Downloads
3
Comments
0
Likes
0
Embeds 0
No embeds

No notes for slide

Nmr feb2013

  1. 1. For personal use only TAKATOKWANE COAL PROJECT EMERGING POWERHOUSE Allan Mulligan - AMC 2013 Nimrodel Resources Limited ASX: NMR
  2. 2. Takatokwane Botswana’s Largest Thermal Coal ResourceFor personal use only  Located next to sealed highway 195km from Gaborone  Located on planned Trans Kalahari Rail or planned Transwana Rail  6,88 billion tonnes in Inferred Resource  Nimrodel holds ~67% in two JV’s 2 Nimrodel Resources Limited ASX: NMR
  3. 3. Consistent, Flat and Close to SurfaceFor personal use only WA21 WA22 P2-3 P1-3 0.0 Seam 2 3 -100m 4 5 6 7 50m Scale Bottom of Karoo 2000m 3 Nimrodel Resources Limited ASX: NMR
  4. 4. Significantly Bigger Compared to PeersFor personal use only Published Raw Gross Tonnes in Situ (000’s) 7000 6000 5000 4000 3000 2000 1000 0 Takatokwane Morupule Sese Morupule Mmamabula Kweng Mmamantswe Lechana South 4 Nimrodel Resources Limited ASX: NMR
  5. 5. Unlocking ValueFor personal use only 5 Nimrodel Resources Limited ASX: NMR
  6. 6. Market Activity in Southern AfricaFor personal use only 6 Nimrodel Resources Limited ASX: NMR
  7. 7. “Starter Mine” DesignFor personal use only 7 Nimrodel Resources Limited ASX: NMR
  8. 8. Innovative Transport ApproachFor personal use only = 48 tonnes/load which is 17 tonnes (54%) over the average 8 Nimrodel Resources Limited ASX: NMR
  9. 9. Board and Management Owns 19%For personal use only ASX Code NMR Total Ordinary Shares 546.5m 546.5m Total Unlisted Options 20.6m 20.6m Price at 31/10/12 $0.02c Market Cap at 31/10/12 $8 m $10.9m Cash on Hand $3,5 m $2.8m Enterprise Value $4,5 m $8.1m Shareholders 1530 1530 Top 20 Shareholders 40% 40% Board & Management ~19 % ~19% 9 Nimrodel Resources Limited ASX: NMR
  10. 10. Diversification into Tanzanian CopperFor personal use only • 1st of a few Agreements into known copper area • Hundreds of PML’s being worked with oxide copper ore trucked out to Dar es Salaam • No historical, organised or formal exploration 10 Nimrodel Resources Limited ASX: NMR
  11. 11. Why Invest?For personal use only • NMR is a small junior explorer that can operate on the smell of a oily rag • NMR is WELL POSITIONED to capitalise on the expanding Southern African and international coal market • Takatokwane will interest international thermal coal players • The diversification will reduce commodity risk and provide a broader platform for growth • The Company is currently undervalued 11 Nimrodel Resources Limited ASX: NMR
  12. 12. DisclaimerFor personal use only Forward-Looking Statements This presentation includes certain “Forward-Looking Statements.” All statements, other than statements of historical fact, included herein, including without limitation, statements regarding forecast cash flows and potential mineralisation, resources and reserves, exploration results and future expansion plans and development objectives of Nimrodel Resources Limited are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Competent Person – Dr Ian D. Blayden Information in this announcement above relating to Coal Resources at Takatokwane is based on information compiled by Dr Ian D. Blayden of Geological and Management Resources Pty Ltd which provides geological consulting services to Optiro Pty Ltd. Dr Blayden is a Member of the Australasian Institute of Mining and Metallurgy and has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity which he is undertaking to qualify as a Competent Person as defined by the 2004 edition of the “Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves”. Dr Blayden consents to the inclusion in the document of the information in the form and context in which it appears. Competent Person – Mr Alan Golding The information in this announcement that relates to exploration results at Takatokwane South is based on data compiled by Mr Alan Golding who is a member of the South African Geological Society, the South African Institute of Engineering Geologists and a Fellow of the Geological Society of London. Mr Golding has sufficient experience relevant to the style of mineralisation and the type of deposit under consideration to qualify as a competent person as defined in the 2004 edition of the Australasian Code for the Reporting of Exploration Results, Mineral Resources and Ore Reserves. Mr Golding consents to the inclusion in this announcement of the matters based on his information in the form and context in which they appear. 12 Nimrodel Resources Limited ASX: NMR
  13. 13. For personal use only Takatokwane Coal NIMRODEL RESOURCES LTD Level 3, 681 Murray Street WA 6005 Australia PO Box 263 West Perth WA 6872 Australia T: +61 8 6298 7511 E: allanm@nimrodel.com.au Nimrodel Resources Limited ASX: NMR

×