This document discusses North American Palladium as an investment opportunity. It presents NAP as a growth-oriented precious metals producer with palladium and gold mining operations in mining-friendly jurisdictions. It notes that palladium supply is constrained, with global mine production of only 6.8 million ounces annually, while demand is increasing due to growth in the automotive sector. The document also highlights NAP's strong financial position with $95.7 million in working capital and $110 million in pro forma cash to fund development programs.
PetroMagdalena Energy Corp. presented its investor presentation for January 2012. The presentation focused on staying the course with their strategy by increasing production and reserves through exploration success at Cubiro in 2011 and increased development activity in 2012 in the Llanos Basin. Their goals are to improve operating cash flow by enhancing netbacks, reducing costs, and increasing efficiency across their diversified portfolio. They achieved an 86% increase in reserves at Cubiro in 2011 and expect production to increase from 2,800 boed in 2011 to a range of 4,300-4,700 boed in 2012, which would generate an estimated $82 million in operating cash flow for the year.
NAP is an investment opportunity in the palladium market. It owns the Lac des Iles mine, one of only two primary palladium mines globally. The mine is undergoing an expansion to increase production and reduce costs per ounce. Palladium fundamentals are strong due to constrained supply and increasing demand from the automotive sector. NAP offers production growth through the mine expansion and exploration upside on its properties.
This document provides an overview of North American Palladium's Lac des Iles mine. It summarizes that the mine has increased proven and probable reserves to 1.3 million ounces of palladium through 2019. It also notes 57 million tonnes of measured and indicated resources beyond reserves, and 15.7 million tonnes of inferred resources. The presentation outlines plans to increase mining rates to 5,000 tonnes per day by the end of 2014 in order to lower costs and extend the mine life.
Sage Gold is developing the Clavos gold deposit in Timmins, Ontario with the goal of near-term production to generate cash flow. Key points:
- Clavos has permits and infrastructure in place from previous operations, reducing upfront costs.
- A PEA estimates production of 145,000 oz over 7 years with an IRR of 71% at $1,500/oz gold price.
- Near-term plans are to refurbish existing underground workings and begin production at 700 tpd.
- Resource consists of 1.3M oz indicated and 0.8M oz inferred with potential to expand along strike and at depth.
NAP operates the Lac des Iles mine in Ontario, Canada, one of only two primary palladium mines in the world. The presentation provides an overview of NAP's operations including:
1) Guidance for 2014 of producing 170-175k ounces of palladium at a cash cost of $550/ounce, declining to $450/ounce in Q4.
2) An updated life of mine plan extending the mine life to 2019 with proven and probable reserves of 1.3 million ounces of palladium.
3) Exploration and development upside from existing infrastructure with a $10 million exploration budget to expand resources at depth and along strike.
4) Q1 2014 results that exceeded guidance with
Sage Gold's short term plan is to develop its Clavos deposit into production to generate cash flow for further exploration and development. The Clavos deposit is located in the prolific Timmins gold camp near existing infrastructure. A preliminary economic assessment estimates the project could have strong economics, including a 71% pre-tax IRR at a gold price of $1500/oz. Near term plans are to dewater the mine, upgrade resources to reserves, and begin initial tonnage extraction in 2013-2014 with commercial production targeted for 2015.
NAP is an investment opportunity in the palladium market. It owns the Lac des Iles mine, one of only two primary palladium mines globally. The mine is undergoing an expansion to increase production and reduce costs per ounce. Palladium fundamentals are strong due to constrained supply and increasing demand from the automotive sector. NAP offers production growth through the mine expansion and exploration upside on its properties.
This investor presentation provides an overview of North American Palladium Ltd. (NAP) and its Lac des Iles palladium mine in Ontario, Canada. Some key points:
- The palladium market is expected to remain in deficit due to growing demand from automotive sector and constrained supply from Russia and South Africa.
- NAP's LDI mine is a world-class asset with significant exploration upside potential to increase reserves and resources.
- In 2014, NAP aims to increase production to 170,000-175,000 ounces of palladium at a lower cash cost of $450/ounce by the fourth quarter through expanding mining rates and operational improvements.
- NAP has a strong balance
PetroMagdalena Energy Corp. presented its investor presentation for January 2012. The presentation focused on staying the course with their strategy by increasing production and reserves through exploration success at Cubiro in 2011 and increased development activity in 2012 in the Llanos Basin. Their goals are to improve operating cash flow by enhancing netbacks, reducing costs, and increasing efficiency across their diversified portfolio. They achieved an 86% increase in reserves at Cubiro in 2011 and expect production to increase from 2,800 boed in 2011 to a range of 4,300-4,700 boed in 2012, which would generate an estimated $82 million in operating cash flow for the year.
NAP is an investment opportunity in the palladium market. It owns the Lac des Iles mine, one of only two primary palladium mines globally. The mine is undergoing an expansion to increase production and reduce costs per ounce. Palladium fundamentals are strong due to constrained supply and increasing demand from the automotive sector. NAP offers production growth through the mine expansion and exploration upside on its properties.
This document provides an overview of North American Palladium's Lac des Iles mine. It summarizes that the mine has increased proven and probable reserves to 1.3 million ounces of palladium through 2019. It also notes 57 million tonnes of measured and indicated resources beyond reserves, and 15.7 million tonnes of inferred resources. The presentation outlines plans to increase mining rates to 5,000 tonnes per day by the end of 2014 in order to lower costs and extend the mine life.
Sage Gold is developing the Clavos gold deposit in Timmins, Ontario with the goal of near-term production to generate cash flow. Key points:
- Clavos has permits and infrastructure in place from previous operations, reducing upfront costs.
- A PEA estimates production of 145,000 oz over 7 years with an IRR of 71% at $1,500/oz gold price.
- Near-term plans are to refurbish existing underground workings and begin production at 700 tpd.
- Resource consists of 1.3M oz indicated and 0.8M oz inferred with potential to expand along strike and at depth.
NAP operates the Lac des Iles mine in Ontario, Canada, one of only two primary palladium mines in the world. The presentation provides an overview of NAP's operations including:
1) Guidance for 2014 of producing 170-175k ounces of palladium at a cash cost of $550/ounce, declining to $450/ounce in Q4.
2) An updated life of mine plan extending the mine life to 2019 with proven and probable reserves of 1.3 million ounces of palladium.
3) Exploration and development upside from existing infrastructure with a $10 million exploration budget to expand resources at depth and along strike.
4) Q1 2014 results that exceeded guidance with
Sage Gold's short term plan is to develop its Clavos deposit into production to generate cash flow for further exploration and development. The Clavos deposit is located in the prolific Timmins gold camp near existing infrastructure. A preliminary economic assessment estimates the project could have strong economics, including a 71% pre-tax IRR at a gold price of $1500/oz. Near term plans are to dewater the mine, upgrade resources to reserves, and begin initial tonnage extraction in 2013-2014 with commercial production targeted for 2015.
NAP is an investment opportunity in the palladium market. It owns the Lac des Iles mine, one of only two primary palladium mines globally. The mine is undergoing an expansion to increase production and reduce costs per ounce. Palladium fundamentals are strong due to constrained supply and increasing demand from the automotive sector. NAP offers production growth through the mine expansion and exploration upside on its properties.
This investor presentation provides an overview of North American Palladium Ltd. (NAP) and its Lac des Iles palladium mine in Ontario, Canada. Some key points:
- The palladium market is expected to remain in deficit due to growing demand from automotive sector and constrained supply from Russia and South Africa.
- NAP's LDI mine is a world-class asset with significant exploration upside potential to increase reserves and resources.
- In 2014, NAP aims to increase production to 170,000-175,000 ounces of palladium at a lower cash cost of $450/ounce by the fourth quarter through expanding mining rates and operational improvements.
- NAP has a strong balance
The document is an investor presentation for North American Palladium. It discusses NAP's investment case including its clear growth strategy to increase palladium production and lower costs through expanding its LDI mine. As one of only two primary palladium producers, NAP is uniquely positioned to benefit from constrained mine supply and rising demand driven by global vehicle production growth. NAP operates in a low-risk jurisdiction with exploration upside and excess milling capacity to accelerate production from new discoveries.
North American Palladium operates the Lac des Iles mine in Ontario, Canada, one of only two primary palladium mines in the world. The presentation outlines NAP's investment proposition including existing infrastructure with excess capacity, increasing production and decreasing costs, and significant exploration potential. It provides guidance for 2015 including payable palladium production of 185,000 to 205,000 ounces at a cash cost of $440 to $466 per ounce.
NAP's Lac des Iles mine in Ontario, Canada is one of only two primary palladium mines in the world. The presentation discusses expanding production at LDI through mine expansion projects which offer production growth and decreasing cash costs. It also notes significant development and exploration upside at LDI and other properties to complement existing mill capacity and infrastructure. Management is experienced and aims to reduce risks through projects at LDI, which has been producing palladium for 20 years.
This document discusses North American Palladium's investment case. It notes that NAP is a growth-oriented precious metals producer with operations in mining-friendly jurisdictions. It has the Lac des Iles palladium mine, one of only two primary palladium mines in the world, and a gold division. NAP has a pipeline of projects to increase palladium and gold production and significant exploration commitments. It also has an experienced management team and a strong balance sheet with no long-term debt.
The document provides an overview of North American Palladium's Lac des Iles palladium mine in Ontario, Canada. It discusses the constrained global palladium supply outlook and growing demand drivers. NAP's Lac des Iles mine is a world-class asset with significant exploration potential and excess processing capacity. The mine is forecast to increase production to over 200,000 ounces of palladium per year while lowering costs, leveraging existing infrastructure. Drilling programs aim to expand reserves and resources in high priority areas of the mine.
The document provides an overview of Sage Gold Inc., a mining company with gold and copper-silver-gold projects in Ontario, Canada. Sage Gold plans to develop its existing Clavos gold and Lynx copper-silver-gold resources to generate near-term cash flow. The Clavos project has permits to reopen the mine and has indicated resources of over 1.2 million tonnes at 4.81 g/t gold. A preliminary economic assessment on Clavos shows potential for positive economics. Sage Gold aims to increase resources at both projects through continued drilling and advance the projects to production.
Sage march 2013 investor presentation currentSagegold
Sage Gold's short term plan is to develop the existing resource at their Clavos deposit to generate cash flow through near term production. A Preliminary Economic Assessment shows a robust project with a 71% pre-tax IRR. Existing infrastructure and permits are in place to begin re-opening the Clavos mine in 2013. Sage also has a JV with St Andrew Goldfields providing access to a mill and existing underground development at the Clavos property in the prolific Timmins gold camp of Ontario. The updated NI43-101 shows indicated resources of 194,600 ounces and inferred resources of 120,000 ounces of gold at the Clavos deposit.
Sage Gold is a junior mining company focused on developing its Clavos gold and Lynx copper-silver-gold projects in Ontario, Canada into production to generate cash flow. Key points:
1) Sage plans to initially generate cash flow through developing production at its permitted Clavos gold project, which has an existing resource and positive
Rowan is focused on strong financial returns through execution, cost control, and optimal capital allocation. The company aims to reduce unbillable operational downtime for its jack-up rigs to 2.5% of available rig days and maintain low out-of-service time. Cost control initiatives include reducing general and administrative expenses. Capital will be allocated to the ultra-deepwater and high-specification jack-up markets with the highest returns.
This investor presentation provides an overview of North American Palladium Ltd.'s Lac des Iles palladium mine in Ontario, Canada. Some key points:
- The palladium market is expected to remain in deficit due to constrained global supply and growing demand from the automotive sector.
- Lac des Iles is a world-class asset with significant exploration potential. Production is increasing while costs are decreasing.
- In 2014, guidance includes producing 170,000-175,000 ounces of palladium at a cash cost of around $550/ounce, declining to $450/ounce by Q4.
- Exploration drilling continues to show promise in expanding the Offset Zone resource at depth and along strike.
- PetroMagdalena Energy is building on past success by focusing on organic cash flow opportunities in its portfolio in Colombia through activities like enhancing netbacks, reducing costs, and increasing efficiency.
- The company plans to increase development activity in 2012 in the Llanos Basin following exploration success there.
- The 2012 work program is estimated between $70-80 million, with 65% directed towards light oil exploration and development in key areas like Cubiro and Arrendajo. This includes 10 development wells and 3 exploration wells for the rest of the year.
This investor presentation provides an overview of Rowan Companies and highlights reasons for investing in the company. Some key points include:
- Rowan has differentiated itself in the offshore drilling industry by focusing on demanding wells and owning a fleet of high-specification rigs well-positioned for key markets.
- The company has a large, diversified contract backlog that extends into 2018 and a strong balance sheet to pursue growth opportunities.
- Industry dynamics are favorable for Rowan as older rigs nearing the end of their lifespans will need to be replaced, and the company's rigs have scored well above average in capability assessments.
- Palladium prices are forecasted to reach historical highs of up to $1,000/oz due to a supply deficit. Demand has historically exceeded mine supply and is expected to continue growing.
- Mine supply is constrained and unable to match rising demand. Over 80% of global mine supply comes from Russia and South Africa, which are high-risk jurisdictions.
- Only 6.3 million ounces of palladium are produced annually worldwide from mines. Major producers in Russia and South Africa have shown constrained production.
416-204-3170
C. Nigel Lees
President & CEO
nlees@sagegoldinc.com
William D. Love
VP Business Development
wlove@sagegoldinc.com
Robert Ryan
CFO
rryan@sagegoldinc.com
Pacific Coal aims to become Colombia's leading independent coal producer by expanding its existing producing assets and securing infrastructure capacity. The company's strategy involves vertical integration across the coal supply chain from raw material production to marketing value-added products. Pacific Coal has a fully funded capital expenditure budget of $191 million from 2011-2012 to execute its strategy through exploration, development, acquisitions, infrastructure investments, equipment purchases, and pending projects. It has a strong capital structure as a publicly traded company with institutional investor support and no long-term debt issues.
The document discusses PVA's transition from a natural gas producer to an oil and liquids producer through acquisitions in the Eagle Ford Shale. It has grown its oil and natural gas liquids production significantly and expanded its acreage position in the Eagle Ford. PVA's strategy is to continue developing the Eagle Ford, expanding its oil and liquids reserves and production, while retaining its substantial gas assets. This transition has shifted the value of PVA towards oil as oil and natural gas liquids prices have increased relative to natural gas prices.
This document discusses Penn Virginia's (PVA's) presentation at the BMO Capital Markets 10th Annual Unconventional Resource Conference on January 8, 2012. It begins with forward-looking statements and definitions of proved, probable and possible oil and gas reserves. It then provides a high-level overview of PVA, including its transition to focus on oil and liquids-rich plays like the Eagle Ford Shale. The document summarizes PVA's key assets and highlights its multi-year drilling inventory in the Eagle Ford Shale play.
The document is an investor presentation for North American Palladium that provides an overview of the company and investment case. It discusses North American Palladium's Lac des Iles mine expansion which aims to increase production and lower costs. It also summarizes the palladium market fundamentals of constrained supply and rising demand driven by automotive sector growth.
The document presents an investment case for investing in palladium mining company North American Palladium. It notes that palladium prices are forecast to rise significantly due to strong demand fundamentals and constrained mine supply. Demand is expected to continue growing from the automotive sector, while mine production is concentrated in risky jurisdictions like Russia and South Africa and unable to keep up with demand. North American Palladium offers palladium production growth through mine expansion and has an experienced management team and prudent financial position to support further development.
This document provides an investor presentation for PetroMagdalena Energy Corp. It discusses the company's focus on increasing production, reserves, and cash flow from its portfolio of oil and gas assets in Colombia. Some key points:
- The company aims to increase organic cash flow through exploitation and exploration opportunities across its assets. This includes increased development activity in 2012 at its Cubiro block in the Llanos Basin following exploration success there in 2011.
- At Cubiro, the company increased 2P reserves by 86% to 10.8 million barrels of oil equivalent based on a technical report. 1P reserves increased 73% to 3 million barrels.
- The company is also working to maximize value from its
This document provides an overview of Sage Gold Inc., a mining exploration company focused on developing their Clavos gold project and Lynx copper-silver-gold project into production. Key points include:
- Sage Gold plans to generate cash flow from developing existing resources at Clavos and Lynx through near-term production.
- Clavos has a positive preliminary economic assessment showing potential for strong returns, with permits in place for initial development.
- Lynx also has defined resources and potential for open-pit mining, and Sage Gold has an agreement to purchase a nearby mill.
- The company aims to finance production and further increase resources through exploration to realize its goal of "near term production."
Worldwise Education is a company that helps schools raise funds by selling student artwork on merchandise like greeting cards. They work with over 400 schools across 14 states. Products are sold through school fundraisers, retailers like Whole Foods, and their online store. Revenues have grown from $800k in 2008 to over $11M in 2011. They are seeking $2M to expand their school and retail channels and launch a new online marketplace for teachers called WExchange.com.
The document is an investor presentation for North American Palladium. It discusses NAP's investment case including its clear growth strategy to increase palladium production and lower costs through expanding its LDI mine. As one of only two primary palladium producers, NAP is uniquely positioned to benefit from constrained mine supply and rising demand driven by global vehicle production growth. NAP operates in a low-risk jurisdiction with exploration upside and excess milling capacity to accelerate production from new discoveries.
North American Palladium operates the Lac des Iles mine in Ontario, Canada, one of only two primary palladium mines in the world. The presentation outlines NAP's investment proposition including existing infrastructure with excess capacity, increasing production and decreasing costs, and significant exploration potential. It provides guidance for 2015 including payable palladium production of 185,000 to 205,000 ounces at a cash cost of $440 to $466 per ounce.
NAP's Lac des Iles mine in Ontario, Canada is one of only two primary palladium mines in the world. The presentation discusses expanding production at LDI through mine expansion projects which offer production growth and decreasing cash costs. It also notes significant development and exploration upside at LDI and other properties to complement existing mill capacity and infrastructure. Management is experienced and aims to reduce risks through projects at LDI, which has been producing palladium for 20 years.
This document discusses North American Palladium's investment case. It notes that NAP is a growth-oriented precious metals producer with operations in mining-friendly jurisdictions. It has the Lac des Iles palladium mine, one of only two primary palladium mines in the world, and a gold division. NAP has a pipeline of projects to increase palladium and gold production and significant exploration commitments. It also has an experienced management team and a strong balance sheet with no long-term debt.
The document provides an overview of North American Palladium's Lac des Iles palladium mine in Ontario, Canada. It discusses the constrained global palladium supply outlook and growing demand drivers. NAP's Lac des Iles mine is a world-class asset with significant exploration potential and excess processing capacity. The mine is forecast to increase production to over 200,000 ounces of palladium per year while lowering costs, leveraging existing infrastructure. Drilling programs aim to expand reserves and resources in high priority areas of the mine.
The document provides an overview of Sage Gold Inc., a mining company with gold and copper-silver-gold projects in Ontario, Canada. Sage Gold plans to develop its existing Clavos gold and Lynx copper-silver-gold resources to generate near-term cash flow. The Clavos project has permits to reopen the mine and has indicated resources of over 1.2 million tonnes at 4.81 g/t gold. A preliminary economic assessment on Clavos shows potential for positive economics. Sage Gold aims to increase resources at both projects through continued drilling and advance the projects to production.
Sage march 2013 investor presentation currentSagegold
Sage Gold's short term plan is to develop the existing resource at their Clavos deposit to generate cash flow through near term production. A Preliminary Economic Assessment shows a robust project with a 71% pre-tax IRR. Existing infrastructure and permits are in place to begin re-opening the Clavos mine in 2013. Sage also has a JV with St Andrew Goldfields providing access to a mill and existing underground development at the Clavos property in the prolific Timmins gold camp of Ontario. The updated NI43-101 shows indicated resources of 194,600 ounces and inferred resources of 120,000 ounces of gold at the Clavos deposit.
Sage Gold is a junior mining company focused on developing its Clavos gold and Lynx copper-silver-gold projects in Ontario, Canada into production to generate cash flow. Key points:
1) Sage plans to initially generate cash flow through developing production at its permitted Clavos gold project, which has an existing resource and positive
Rowan is focused on strong financial returns through execution, cost control, and optimal capital allocation. The company aims to reduce unbillable operational downtime for its jack-up rigs to 2.5% of available rig days and maintain low out-of-service time. Cost control initiatives include reducing general and administrative expenses. Capital will be allocated to the ultra-deepwater and high-specification jack-up markets with the highest returns.
This investor presentation provides an overview of North American Palladium Ltd.'s Lac des Iles palladium mine in Ontario, Canada. Some key points:
- The palladium market is expected to remain in deficit due to constrained global supply and growing demand from the automotive sector.
- Lac des Iles is a world-class asset with significant exploration potential. Production is increasing while costs are decreasing.
- In 2014, guidance includes producing 170,000-175,000 ounces of palladium at a cash cost of around $550/ounce, declining to $450/ounce by Q4.
- Exploration drilling continues to show promise in expanding the Offset Zone resource at depth and along strike.
- PetroMagdalena Energy is building on past success by focusing on organic cash flow opportunities in its portfolio in Colombia through activities like enhancing netbacks, reducing costs, and increasing efficiency.
- The company plans to increase development activity in 2012 in the Llanos Basin following exploration success there.
- The 2012 work program is estimated between $70-80 million, with 65% directed towards light oil exploration and development in key areas like Cubiro and Arrendajo. This includes 10 development wells and 3 exploration wells for the rest of the year.
This investor presentation provides an overview of Rowan Companies and highlights reasons for investing in the company. Some key points include:
- Rowan has differentiated itself in the offshore drilling industry by focusing on demanding wells and owning a fleet of high-specification rigs well-positioned for key markets.
- The company has a large, diversified contract backlog that extends into 2018 and a strong balance sheet to pursue growth opportunities.
- Industry dynamics are favorable for Rowan as older rigs nearing the end of their lifespans will need to be replaced, and the company's rigs have scored well above average in capability assessments.
- Palladium prices are forecasted to reach historical highs of up to $1,000/oz due to a supply deficit. Demand has historically exceeded mine supply and is expected to continue growing.
- Mine supply is constrained and unable to match rising demand. Over 80% of global mine supply comes from Russia and South Africa, which are high-risk jurisdictions.
- Only 6.3 million ounces of palladium are produced annually worldwide from mines. Major producers in Russia and South Africa have shown constrained production.
416-204-3170
C. Nigel Lees
President & CEO
nlees@sagegoldinc.com
William D. Love
VP Business Development
wlove@sagegoldinc.com
Robert Ryan
CFO
rryan@sagegoldinc.com
Pacific Coal aims to become Colombia's leading independent coal producer by expanding its existing producing assets and securing infrastructure capacity. The company's strategy involves vertical integration across the coal supply chain from raw material production to marketing value-added products. Pacific Coal has a fully funded capital expenditure budget of $191 million from 2011-2012 to execute its strategy through exploration, development, acquisitions, infrastructure investments, equipment purchases, and pending projects. It has a strong capital structure as a publicly traded company with institutional investor support and no long-term debt issues.
The document discusses PVA's transition from a natural gas producer to an oil and liquids producer through acquisitions in the Eagle Ford Shale. It has grown its oil and natural gas liquids production significantly and expanded its acreage position in the Eagle Ford. PVA's strategy is to continue developing the Eagle Ford, expanding its oil and liquids reserves and production, while retaining its substantial gas assets. This transition has shifted the value of PVA towards oil as oil and natural gas liquids prices have increased relative to natural gas prices.
This document discusses Penn Virginia's (PVA's) presentation at the BMO Capital Markets 10th Annual Unconventional Resource Conference on January 8, 2012. It begins with forward-looking statements and definitions of proved, probable and possible oil and gas reserves. It then provides a high-level overview of PVA, including its transition to focus on oil and liquids-rich plays like the Eagle Ford Shale. The document summarizes PVA's key assets and highlights its multi-year drilling inventory in the Eagle Ford Shale play.
The document is an investor presentation for North American Palladium that provides an overview of the company and investment case. It discusses North American Palladium's Lac des Iles mine expansion which aims to increase production and lower costs. It also summarizes the palladium market fundamentals of constrained supply and rising demand driven by automotive sector growth.
The document presents an investment case for investing in palladium mining company North American Palladium. It notes that palladium prices are forecast to rise significantly due to strong demand fundamentals and constrained mine supply. Demand is expected to continue growing from the automotive sector, while mine production is concentrated in risky jurisdictions like Russia and South Africa and unable to keep up with demand. North American Palladium offers palladium production growth through mine expansion and has an experienced management team and prudent financial position to support further development.
This document provides an investor presentation for PetroMagdalena Energy Corp. It discusses the company's focus on increasing production, reserves, and cash flow from its portfolio of oil and gas assets in Colombia. Some key points:
- The company aims to increase organic cash flow through exploitation and exploration opportunities across its assets. This includes increased development activity in 2012 at its Cubiro block in the Llanos Basin following exploration success there in 2011.
- At Cubiro, the company increased 2P reserves by 86% to 10.8 million barrels of oil equivalent based on a technical report. 1P reserves increased 73% to 3 million barrels.
- The company is also working to maximize value from its
This document provides an overview of Sage Gold Inc., a mining exploration company focused on developing their Clavos gold project and Lynx copper-silver-gold project into production. Key points include:
- Sage Gold plans to generate cash flow from developing existing resources at Clavos and Lynx through near-term production.
- Clavos has a positive preliminary economic assessment showing potential for strong returns, with permits in place for initial development.
- Lynx also has defined resources and potential for open-pit mining, and Sage Gold has an agreement to purchase a nearby mill.
- The company aims to finance production and further increase resources through exploration to realize its goal of "near term production."
Worldwise Education is a company that helps schools raise funds by selling student artwork on merchandise like greeting cards. They work with over 400 schools across 14 states. Products are sold through school fundraisers, retailers like Whole Foods, and their online store. Revenues have grown from $800k in 2008 to over $11M in 2011. They are seeking $2M to expand their school and retail channels and launch a new online marketplace for teachers called WExchange.com.
Thor investor presentation 2.4.14 final v001-r65kg4Thor_Industries
Thor Industries is the world's largest manufacturer of RVs, with a 34.4% market share of overall RVs sold in the US and Canada. It has over 8,300 employees and 107 facilities. In its second quarter of 2014, Thor saw a 9.3% decrease in towable RV revenue due to winter weather and production changes, but a 42.5% increase in motorized RV revenue, resulting in overall sales decreasing slightly from the prior year. Thor has a strategic plan focused on growth and margin improvements through product innovation and capacity expansion.
This document provides an overview of Power Integrations, Inc., a leader in energy-efficient high-voltage power conversion. It discusses Power Integrations' secular growth story in enabling clean technology through efficient appliances, lighting, and transportation. It highlights the company's expertise, innovation, intellectual property portfolio, and expansion into higher power products and markets. The presentation outlines Power Integrations' long-term growth drivers and track record of outperforming peers, with a well-diversified revenue mix, growing cash flow, strong balance sheet, and return of capital to shareholders.
Sage Gold is developing the Clavos gold deposit in Timmins, Ontario with the goal of near-term production to generate cash flow. Key points:
- Clavos has a NI 43-101 resource of 1.3M oz gold and permits to reopen the existing mine.
- A PEA shows strong economics for the project, with a pre-tax IRR of 71% and NPV of $23.2M at $1500/oz gold.
- Sage plans to dewater and rehabilitate the mine in 2013, then start initial tonnage extraction in late 2013 or early 2014 to achieve commercial production in 2015.
- Existing infrastructure and underground development will allow for potentially
Power Integrations provides energy-efficient power conversion solutions that enable clean technology. They have a secular growth story in analog semiconductors as the leader in high-voltage power conversion. Their products allow for highly integrated and efficient power supplies that replace legacy discrete components. Power Integrations has a track record of growth over a decade and a half, with diversified revenue streams and strong cash generation and balance sheet. They are well positioned in key growth areas like LED lighting, mobile device charging, and higher power applications.
The document summarizes information about Thor Industries, a leading manufacturer of recreational vehicles. Some key points:
- Thor has a decentralized operating structure and owns several RV brands, making it the #2 overall producer of RVs in North America.
- The company has seen record sales and profits in recent years due to strong consumer demand and its diverse product portfolio.
- Thor maintains a strong balance sheet to support growth initiatives like acquisitions and capacity expansion.
- Industry conditions remain competitive but consumer confidence in RVs has improved, driving increases in both wholesale and retail sales.
Third Point Reinsurance Ltd. Investor Presentationirthirdpointre
Third Point Reinsurance provides the following key information:
1) It is a Bermuda-based specialty property and casualty reinsurer with an A- rating from A.M. Best and a total return business model designed to deliver superior returns through flexible underwriting and superior investment management by Third Point LLC.
2) It has experienced strong growth since inception in 2012 as shown by a 40.6% increase in diluted book value per share and maintains a diversified premium base across business lines and geographies.
3) It takes a flexible and opportunistic approach to underwriting and leverages relationships to access attractive opportunities while maintaining a focus on risk management and controlling its exposure.
This document is the transcript of a speech given by Emilio Botin, Chairman of Banco Santander, at the bank's 2011 Investor Day. The summary is:
1) Botin outlines how Santander has remained profitable and strengthened its capital position during the financial crisis, growing through acquisitions.
2) He describes Santander's unique strategic positioning, including geographic diversification, prudent risk management, an autonomous subsidiary model, integration creating synergies, and a global brand.
3) Botin expects Santander to achieve a 12-14% return on equity and 16-18% return on tangible equity by 2014, creating shareholder value through organic growth and higher profitability across its markets
Investor Relations Podcasts Using BuzzsproutIR Smartt Inc.
This document provides guidance on using Buzzsprout to create investor relations podcasts. It outlines setting up a Buzzsprout account, optimizing the podcast profile with company branding and description, submitting the podcast to directories like iTunes, and optionally setting up a custom podcast domain. Burning an RSS feed through Feedburner is also recommended for advanced metrics and features. The goal is to effectively reach investors and audiences with podcasts hosted on Buzzsprout.
Sage Gold's short term plan is to develop near term gold production at its Clavos deposit to generate cash flow. The Clavos deposit is located in the prolific Timmins gold camp and has existing underground infrastructure in place. Sage is completing the earn in of a 60% interest in the Clavos deposit and will focus on expanding resources through continued drilling. Sage also has potential for strategic partnerships for production and development with nearby operators.
Thor Industries provides concise summaries in 3 sentences or less:
Thor Industries is a leading manufacturer of RVs with over $3 billion in annual sales. It acquired the assets of Livin' Lite, an innovative RV manufacturer, to expand into new markets. Thor also developed a 3-year strategic plan focused on growth and margin improvement through product innovation, capacity expansion, and improved quality and content.
This document provides an overview of Power Integrations, Inc., a leader in energy-efficient high-voltage power conversion. It discusses Power Integrations' secular growth story in enabling clean technology through efficient appliances, lighting, and electric transportation. It also outlines Power Integrations' comprehensive expertise, relentless innovation, vast addressable market, and long-term growth drivers in areas like ongoing transition to integrated circuits, energy efficiency standards, LED lighting, and expanding to higher power products. The presentation highlights Power Integrations' track record of consistent growth, diversified revenue mix, strong cash flow and balance sheet, and recognition as a leader in clean technology.
This presentation provides an overview of Sage Gold's path to production and exploration potential. It summarizes the Clavos gold project which has permits to mine and an existing resource estimated in a PEA. The presentation also describes the Lynx copper-silver deposit which has an NI 43-101 resource estimated and blue sky exploration potential. Finally, it outlines why Sage Gold represents a good investment opportunity due to its two potential low capex deposits and very low market capitalization.
This document discusses Thor Industries, a manufacturer of recreational vehicles. Some key points:
- Thor is the world's largest manufacturer of RVs, with over $3 billion in annual sales.
- They have a diverse portfolio of towable and motorized RVs sold under multiple brands.
- Thor has a strong balance sheet and profitable growth strategy focused on innovation, acquisitions, and margin expansion.
- Industry conditions have improved in recent years with growing RV shipments and dealer inventory at appropriate levels for demand.
Investor relations online. IR website BowenCraggs Moscow Nov2010 RUSAndrey Podderegin
Investor relations: What to do online? David Bowen`s presentation at "Advanced IR" Conference, Moscow, November 2010
This presentation gives:
A suggested general approach
Best practices from around the web
Specific ideas to consider
Clients New Credit Policy
Clients New Credit Policy
This document provides an overview of Banco BI&P's results for the fourth quarter of 2013. Some key points:
1) BI&P concluded the second phase of its strategic restructuring program launched in 2011 through joint ventures, acquisitions, and a capital increase.
2) The expanded credit portfolio grew 26.1% year-over-year to R$3.9 billion, with higher quality assets rated AA to B comprising 87.1% of the portfolio.
3) A loss of R$10 million was reported for the quarter due to a more conservative lending approach and additional loan loss provisions related to prior loans
This document discusses forward-looking statements and risks related to Thor Industries' financial performance. It provides an overview of Thor Industries, including its market leadership positions in various RV categories, operations across North America, and focus on customer needs. The document outlines Thor's strategic vision of disciplined and profitable growth, sustainable business model, and strong balance sheet. It discusses factors that make Thor different from competitors and provide competitive advantages, such as its decentralized structure and focus on relationships. The document also addresses current RV industry conditions and trends among RV consumers.
This document provides an overview of Power Integrations, Inc. It discusses Power Integrations' focus on energy-efficient power conversion, the secular growth drivers in their markets including the transition to IC-based power supplies and increasing demand for energy efficiency. It also outlines their product portfolio and technology leadership in areas such as LED lighting, mobile device charging, and industrial motor drives. Financial details are provided showing Power Integrations' consistent revenue growth and cash generation as well as their strong balance sheet position.
This document was prepared by Adam Mitchell, Limco Development, CEO based on the current perception of the Company’s business and prospects. It was not prepared specifically as an offering document and does not contain risk factors or other risk disclosure language typically found in offering documents. It is for discussion purpose only.
This document discusses North American Palladium as an investment opportunity. It presents NAP as a growth-oriented precious metals producer with palladium and gold mining operations in mining-friendly jurisdictions. It notes that palladium supply is constrained, with NAP operating one of only two primary palladium mines globally. It also discusses increasing demand for palladium from the automotive sector and forecasts growing global light vehicle production in the coming years. Finally, it highlights NAP's strong financial position with over $95 million in working capital to fund development programs.
This document discusses North American Palladium as a diversified precious metals producer with its core asset being the Lac des Iles palladium mine in Canada. It notes that palladium supply is constrained by major producers in Russia and South Africa and that demand is growing, driven primarily by the automobile sector. The presentation outlines NAP's investment case as a growth-oriented palladium producer with a pipeline of projects and exploration upside, an experienced management team, and a strong balance sheet.
This document discusses North American Palladium as an investment opportunity. It presents NAP as a growth-oriented precious metals producer with its main operations being the Lac des Iles palladium mine in Canada, which is one of only two primary palladium mines in the world. It also has a gold division. The document notes NAP has a robust pipeline of projects, experienced management, and a strong balance sheet with no long-term debt to fund growth. It then discusses the investment case for palladium, noting constrained mine supply and increasing demand driven by automotive and electronics use.
This document discusses North American Palladium's Lac des Iles palladium mine. It provides the following key points:
1) Lac des Iles is one of only two primary palladium mines in the world and is transitioning to a long-life, low-cost operation through a mine expansion project involving sinking a shaft.
2) Production is expected to increase to 145,000-155,000 ounces of palladium in 2011 and exceed 250,000 ounces annually once mining reaches 5,500 tonnes per day from the shaft in 2015.
3) Cash costs are forecast to decline significantly once shaft mining is established, improving the already strong investment case for North American Palladium as a growth-oriented
This document discusses North American Palladium as an investment opportunity. It highlights that NAP is a growth-oriented precious metals producer with operations in mining-friendly jurisdictions. It operates the Lac des Iles palladium mine, one of only two primary palladium mines in the world. It also has a gold division. The document notes NAP has a robust pipeline of projects, experienced management, and a strong balance sheet without long-term debt, positioning it for growth. It provides context on the palladium and gold markets, noting constrained palladium supply and increasing demand driven by automotive and electronics use that is expected to outpace mine production.
This document discusses North American Palladium's Lac des Iles palladium mine. It notes that LDI is transitioning to long-life, low-cost operations by expanding underground mining via shaft. Production is expected to significantly increase to over 250,000 ounces per year once shaft mining reaches 5,500 tonnes per day by 2015. The mine expansion is on track and has a low execution risk due to the company's experience at LDI and existing infrastructure.
- Lac des Iles mine is one of only two primary palladium mines in the world and has been in production since 1993.
- The mine is transitioning from an open pit mine to an underground mine via ramp access and eventually shaft access to achieve long-term, low-cost production.
- Mine expansion plans are underway to increase production from underground ore zones via a new shaft currently under construction. Commercial production from the shaft is targeted for Q4 2012 and will significantly increase production and lower costs over the long-term.
This presentation provides an investment case for North American Palladium. It notes that NAP is transitioning into a long-life, low-cost palladium producer with steady production growth. It highlights NAP's leverage to rising palladium prices and attractive jurisdiction compared to South African peers. The presentation also outlines NAP's development and exploration upside, experienced management team, and strong balance sheet to fund growth.
This document discusses forward-looking statements and contains three key points:
1) It cautions readers that certain information in the presentation constitutes "forward-looking statements" which are inherently uncertain and subject to significant risks and uncertainties.
2) It notes that the forward-looking statements are based on a number of assumptions that may prove to be incorrect, including assumptions about metal prices, exchange rates, production levels, costs, and timelines.
3) It disclaims any obligation to update forward-looking statements except as required by law, and warns readers not to put undue reliance on such statements due to their inherent uncertainty.
This document discusses forward-looking statements and contains projections for a mining company's future performance. It notes that metal prices, exchange rates, costs, and other factors could differ from management's expectations and impact results. The document also provides an investment case for the company, highlighting its transition to being a long-life, low-cost palladium producer with growth potential. Tables show the company's market statistics and cash position. Additional sections analyze the palladium market, noting constrained supply and increasing fabrication demand driven by automotive production growth.
This document discusses forward-looking statements and contains three key points:
1) It cautions readers that certain information in the presentation constitutes "forward-looking statements" which are inherently uncertain and subject to significant risks and uncertainties.
2) It notes that the forward-looking statements are based on a number of assumptions that may prove to be incorrect.
3) It disclaims any obligation to update the forward-looking statements except as required by law.
This presentation provides an overview of North American Palladium's investment case. It discusses NAP's transition into a long-life, low-cost palladium producer through expansion of its Lac des Iles mine in Ontario, Canada. The expansion includes sinking a new shaft to increase underground mining rates and production to over 250,000 ounces of palladium annually by 2015 at cash costs of around $200 per ounce. Near-term catalysts include commissioning the new shaft by the end of 2012 and growing production to 150,000-160,000 ounces in 2012. The presentation also reviews positive fundamentals for palladium including constrained mine supply and increasing demand from auto catalysts.
- North American Palladium is a growth-oriented precious metals producer focused on palladium and gold.
- It operates the Lac des Iles palladium mine in Ontario, one of only two primary palladium mines globally. Lac des Iles is transitioning to a long-life, low-cost mine.
- The company also operates the Sleeping Giant gold mine in Quebec, which provides a foundation for growth, and has a pipeline of projects to increase production.
- North American Palladium is a growth-oriented precious metals producer focused on palladium and gold.
- It operates the Lac des Iles palladium mine in Ontario, one of only two primary palladium mines worldwide. Lac des Iles is transitioning to a long-life, low-cost mine.
- It also operates the Sleeping Giant gold mine in Quebec, which provides a foundation for growth and has potential to serve nearby projects.
NAP is an intermediate palladium producer with its primary asset being the Lac des Iles mine in Ontario, Canada. The presentation discusses NAP's investment case which includes commodity fundamentals that are positive for palladium with constrained supply and growing demand from the automotive sector. NAP is undertaking an expansion at LDI to transition it into a long-life, low cost mine with steady production growth to over 250,000 ounces per year. The expansion is on track and low risk due to NAP's experienced team and existing infrastructure.
- North American Palladium is a growth-oriented precious metals producer focused on palladium and gold.
- It operates the Lac des Iles palladium mine in Canada, one of only two primary palladium mines globally. Lac des Iles is transitioning to a long-life, low-cost mine.
- The company also operates the Sleeping Giant gold mine in Canada and has exploration projects that could expand palladium and gold production.
This presentation provides an overview of North American Palladium and its Lac des Iles palladium mine. It highlights NAP's strong balance sheet, experienced management team, and the compelling investment case for palladium given constrained mine supply and growing demand. The presentation also details the expansion underway at LDI mine, including sinking a new shaft to increase production capacity and lower costs. Once mining rates reach 5,500 tpd in 2015, annual production is projected to exceed 250,000 ounces of palladium with cash costs of around $200 per ounce.
This presentation provides an overview of North American Palladium's Lac des Iles mine and expansion plans. Key points include:
1) The Lac des Iles mine is a world-class palladium asset located in Ontario, Canada and is one of only two primary palladium mines globally.
2) The mine is undergoing a major expansion to increase production and lower costs through sinking a new shaft to allow for higher underground mining rates of up to 5,500 tonnes per day.
3) The expansion is on track and expected to significantly grow palladium production to 150,000-160,000 ounces in 2012 and beyond as underground mining rates ramp up over the next few years.
The presentation provides an overview of North American Palladium's Lac des Iles mine and expansion plans. Key points include:
1) The mine is undergoing a major expansion to increase production and reduce costs by transitioning from ramp access to shaft access and increasing underground mining rates.
2) A new shaft is being sunk to 795 meters and will allow for high-volume bulk mining of 7,000 tonnes per day.
3) The expansion targets underground mining rates of 3,500 tonnes per day by Q1 2013 and 5,500 tonnes per day by Q1 2015 to significantly grow palladium production.
- Palladium prices are forecasted to reach highs of $1,000/oz due to a supply deficit as demand has historically exceeded mine supply.
- Majority of palladium demand comes from the automobile sector where light vehicle production is expected to increase 4% annually through 2016.
- Constrained mine supply is unable to match growing demand, with over 80% of global mine supply coming from high-risk jurisdictions in Russia and South Africa.
- Only 6.3 million ounces of annual palladium production worldwide, and production from major producers Russia and South Africa has remained constrained.
Similar to Nap investor presentation november 2011 (20)
North American Palladium provides an investor presentation covering their flagship Lac des Iles mine. Key points:
1) Lac des Iles is a world class palladium asset that offers production growth potential through increasing mining rates and decreasing costs.
2) As one of only two primary palladium producers globally, North American Palladium is well positioned to benefit from constrained mine supply and growing demand driven by automotive sector growth.
3) The presentation highlights the mine's expansion plans, exploration upside, and leveraging of existing infrastructure to provide future production growth opportunities at Lac des Iles.
NAP's flagship LDI mine offers production growth potential through increasing mining rates and decreasing cash costs. The mine has excess mill and shaft capacity, and exploration upside remains. Palladium prices are expected to remain strong due to constrained mine supply and growing demand from automotive sector emissions regulations. NAP is well positioned to benefit from rising palladium prices as a primary producer.
NAP is a primary palladium producer with its LDI mine in Ontario, Canada. It has a clear strategy to increase production at LDI to 170,000-175,000 ounces in 2014 while lowering costs to $450/ounce. LDI provides leverage to rising palladium prices driven by constrained mine supply and growing demand for palladium from the automotive sector. NAP has additional upside from exploration and development at LDI to leverage its existing infrastructure. The presentation provides an overview of NAP's assets and investment opportunity.
NAP's Lac des Iles mine is a world-class palladium asset that is nearing completion of an expansion to increase production. The expansion targets reaching approximately 4,000 tonnes per day by 2014 through utilization of a new shaft and bulk mining methods. This is expected to lower costs and increase profitability. Additionally, there is significant exploration and development upside to leverage existing infrastructure including at depth, laterally, and through evaluation of a new mining method. The document outlines NAP's investment proposition including production growth, leverage to rising palladium prices, attractive jurisdiction, and development/exploration upside at Lac des Iles.
The document is an investor presentation for a mining company that discusses the investment case for palladium. It notes that global palladium supply is constrained, with over 80% coming from Russia and South Africa, which face operating challenges. Demand is growing, led by the automotive sector where palladium is used in catalytic converters. Stricter emissions regulations are driving increased palladium loadings in converters. The company is well positioned to benefit from these supply and demand fundamentals as a primary palladium producer.
The document discusses North American Palladium's investment case and provides an overview of the company. It summarizes that NAP operates the Lac des Iles mine, one of only two primary palladium mines in the world. NAP is undergoing an expansion to increase palladium production to over 250,000 ounces annually at reduced cash costs below $300 per ounce. The Lac des Iles mine has additional exploration upside and excess milling capacity to support future production growth.
The document is an investor presentation that provides an overview of North American Palladium (NAP). It discusses NAP's growth strategy of expanding production at its Lac des Iles mine while lowering costs. It highlights NAP's leverage to rising palladium prices given constrained mine supply and increasing demand from the automotive industry. The presentation also provides market statistics on palladium and an investment case for NAP based on its world-class palladium asset at Lac des Iles.
The document presents an investment case for North American Palladium. It discusses the fundamentals of the palladium market including constrained mine supply and strong demand growth from the automotive sector. It highlights NAP's Lac des Iles mine as a world class asset, currently undergoing expansion. The presentation provides an overview of NAP's financial position and market valuation.
The document presents an investment case for North American Palladium. It discusses the fundamentals of the palladium market including constrained mine supply and strong demand growth from the automotive sector. It highlights NAP's Lac des Iles mine as a world class asset, currently undergoing expansion. The presentation provides an overview of NAP's financial position and market valuation.
- The presentation provides an investment case for Napier Ventures Inc. (NAP), a palladium mining company, highlighting NAP's commodity growth potential, strong balance sheet, and experienced management team.
- NAP's Lac des Iles mine expansion offers production and cost profile improvements while significant development and exploration upside is complemented by excess mill capacity and infrastructure.
- At a market capitalization of US$242 million and share price of US$1.39, the presentation argues NAP presents a compelling entry point for investment in the palladium mining sector.
- The document is an investor presentation for Napier Ventures Inc. discussing the investment case for palladium.
- Palladium prices are forecasted to return to historical highs around $1,000/oz due to constrained mine supply and growing demand from the automotive sector.
- Major palladium producers Russia and South Africa face challenges increasing supply. Demand is expected to grow with increasing vehicle production, particularly in emerging markets.
- Tightening emissions standards are increasing palladium loading in catalytic converters, supporting continued strong demand growth.
- Napier Ventures is an investor presentation for a mining company that produces palladium.
- The company's Lac des Iles mine in Ontario, Canada is a world class palladium asset that has been in production for 20 years and is undergoing an expansion.
- In the first half of 2012, the mine produced over 81,000 ounces of palladium at a cash cost of $404 per ounce as it works towards its 2012 guidance of 150,000 to 160,000 ounces.
This investor presentation provides an overview of North American Palladium as an investment opportunity in the palladium market. It highlights North American Palladium's production growth outlook through expansion of its Lac des Iles mine, a strong balance sheet to fund development programs, and an experienced management team. The presentation also notes positive supply and demand fundamentals for palladium and identifies Canada as an attractive jurisdiction for platinum group metal investments compared to South Africa.
- The presentation provides an overview of North American Palladium's Lac des Iles mine, a primary palladium producer located in Ontario, Canada.
- In the first half of 2012, the mine produced over 81,000 ounces of palladium at a cash cost of $404 per ounce, in line with guidance for the year of 150,000 to 160,000 ounces at a cash cost of $375 to $400 per ounce.
- The mine is undergoing an expansion to increase production and reduce costs through higher mining rates and mill throughput while maintaining grade and recovery.
SATTA MATKA DPBOSS KALYAN MATKA RESULTS KALYAN CHART KALYAN MATKA MATKA RESULT KALYAN MATKA TIPS SATTA MATKA MATKA COM MATKA PANA JODI TODAY BATTA SATKA MATKA PATTI JODI NUMBER MATKA RESULTS MATKA CHART MATKA JODI SATTA COM INDIA SATTA MATKA MATKA TIPS MATKA WAPKA ALL MATKA RESULT LIVE ONLINE MATKA RESULT KALYAN MATKA RESULT DPBOSS MATKA 143 MAIN MATKA KALYAN MATKA RESULTS KALYAN CHART
SATTA MATKA DPBOSS KALYAN MATKA RESULTS KALYAN CHART KALYAN MATKA MATKA RESULT KALYAN MATKA TIPS SATTA MATKA MATKA COM MATKA PANA JODI TODAY BATTA SATKA MATKA PATTI JODI NUMBER MATKA RESULTS MATKA CHART MATKA JODI SATTA COM INDIA SATTA MATKA MATKA TIPS MATKA WAPKA ALL MATKA RESULT LIVE ONLINE MATKA RESULT KALYAN MATKA RESULT DPBOSS MATKA 143 MAIN MATKA KALYAN MATKA RESULTS KALYAN CHART
Best Competitive Marble Pricing in Dubai - ☎ 9928909666Stone Art Hub
Stone Art Hub offers the best competitive Marble Pricing in Dubai, ensuring affordability without compromising quality. With a wide range of exquisite marble options to choose from, you can enhance your spaces with elegance and sophistication. For inquiries or orders, contact us at ☎ 9928909666. Experience luxury at unbeatable prices.
SATTA MATKA DPBOSS KALYAN MATKA RESULTS KALYAN MATKA MATKA RESULT KALYAN MATKA TIPS SATTA MATKA MATKA COM MATKA PANA JODI TODAY BATTA SATKA MATKA PATTI JODI NUMBER MATKA RESULTS MATKA CHART MATKA JODI SATTA COM INDIA SATTA MATKA MATKA TIPS MATKA WAPKA ALL MATKA RESULT LIVE ONLINE MATKA RESULT KALYAN MATKA RESULT DPBOSS MATKA 143 MAIN MATKA KALYAN MATKA RESULTS KALYAN CHART KALYAN CHART
AI Transformation Playbook: Thinking AI-First for Your BusinessArijit Dutta
I dive into how businesses can stay competitive by integrating AI into their core processes. From identifying the right approach to building collaborative teams and recognizing common pitfalls, this guide has got you covered. AI transformation is a journey, and this playbook is here to help you navigate it successfully.
Enhancing Adoption of AI in Agri-food: IntroductionCor Verdouw
Introduction to the Panel on: Pathways and Challenges: AI-Driven Technology in Agri-Food, AI4Food, University of Guelph
“Enhancing Adoption of AI in Agri-food: a Path Forward”, 18 June 2024
SATTA MATKA DPBOSS KALYAN MATKA RESULTS KALYAN CHART KALYAN MATKA MATKA RESULT KALYAN MATKA TIPS SATTA MATKA MATKA COM MATKA PANA JODI TODAY BATTA SATKA MATKA PATTI JODI NUMBER MATKA RESULTS MATKA CHART MATKA JODI SATTA COM INDIA SATTA MATKA MATKA TIPS MATKA WAPKA ALL MATKA RESULT LIVE ONLINE MATKA RESULT KALYAN MATKA RESULT DPBOSS MATKA 143 MAIN MATKA KALYAN MATKA RESULTS KALYAN CHART
Adani Group's Active Interest In Increasing Its Presence in the Cement Manufa...Adani case
Time and again, the business group has taken up new business ventures, each of which has allowed it to expand its horizons further and reach new heights. Even amidst the Adani CBI Investigation, the firm has always focused on improving its cement business.
NIMA2024 | De toegevoegde waarde van DEI en ESG in campagnes | Nathalie Lam |...BBPMedia1
Nathalie zal delen hoe DEI en ESG een fundamentele rol kunnen spelen in je merkstrategie en je de juiste aansluiting kan creëren met je doelgroep. Door middel van voorbeelden en simpele handvatten toont ze hoe dit in jouw organisatie toegepast kan worden.
Satta matka fixx jodi panna all market dpboss matka guessing fixx panna jodi kalyan and all market game liss cover now 420 matka office mumbai maharashtra india fixx jodi panna
Call me 9040963354
WhatsApp 9040963354
Efficient PHP Development Solutions for Dynamic Web ApplicationsHarwinder Singh
Unlock the full potential of your web projects with our expert PHP development solutions. From robust backend systems to dynamic front-end interfaces, we deliver scalable, secure, and high-performance applications tailored to your needs. Trust our skilled team to transform your ideas into reality with custom PHP programming, ensuring seamless functionality and a superior user experience.
Prescriptive analytics BA4206 Anna University PPTFreelance
Business analysis - Prescriptive analytics Introduction to Prescriptive analytics
Prescriptive Modeling
Non Linear Optimization
Demonstrating Business Performance Improvement
❼❷⓿❺❻❷❽❷❼❽ Dpboss Matka Result Satta Matka Guessing Satta Fix jodi Kalyan Final ank Satta Matka Dpbos Final ank Satta Matta Matka 143 Kalyan Matka Guessing Final Matka Final ank Today Matka 420 Satta Batta Satta 143 Kalyan Chart Main Bazar Chart vip Matka Guessing Dpboss 143 Guessing Kalyan night
The report *State of D2C in India: A Logistics Update* talks about the evolving dynamics of the d2C landscape with a particular focus on how brands navigate the complexities of logistics. Third Party Logistics enablers emerge indispensable partners in facilitating the growth journey of D2C brands, offering cost-effective solutions tailored to their specific needs. As D2C brands continue to expand, they encounter heightened operational complexities with logistics standing out as a significant challenge. Logistics not only represents a substantial cost component for the brands but also directly influences the customer experience. Establishing efficient logistics operations while keeping costs low is therefore a crucial objective for brands. The report highlights how 3PLs are meeting the rising demands of D2C brands, supporting their expansion both online and offline, and paving the way for sustainable, scalable growth in this fast-paced market.
The Most Inspiring Entrepreneurs to Follow in 2024.pdfthesiliconleaders
In a world where the potential of youth innovation remains vastly untouched, there emerges a guiding light in the form of Norm Goldstein, the Founder and CEO of EduNetwork Partners. His dedication to this cause has earned him recognition as a Congressional Leadership Award recipient.
The Most Inspiring Entrepreneurs to Follow in 2024.pdf
Nap investor presentation november 2011
1. Investor November 2011
William J. Biggar
PRESENTATION President & CEO
2. Forward Looking
STATEMENTS
Certain information included in this presentation, including any information as to our future production,
exploration, financial or operating performance and other statements that express management's
expectations or estimates of future performance, constitute „forward-looking statements‟ within the meaning
of the „safe harbor‟ provisions of the United States Private Securities Litigation Reform Act of 1995 and
Canadian securities laws. The words „expect‟, „believe‟, „will‟, „intend‟, „estimate‟ and similar expressions
identify forward-looking statements. Forward-looking statements, including future-oriented financial
information, are necessarily based upon a number of estimates and assumptions that, while considered
reasonable by management, are inherently subject to significant business, economic and competitive
uncertainties, risks and contingencies, including the possibility that operations at the Lac des Iles and Sleeping
Giant mines may not proceed as planned, that other properties may not be successfully developed, and that
metal prices, foreign exchange assumptions and operating costs may differ from management‟s
expectations. The Company cautions the reader that such forward-looking statements involve known and
unknown risks, uncertainties and other factors that may cause the actual financial results, performance or
achievements of North American Palladium to be materially different from the Company‟s estimated future
results, performance or achievements expressed or implied by those forward-looking statements and that the
forward-looking statements are not guarantees of future performance. For more details on these estimates,
risks, assumptions and factors, see the Company‟s most recent Form 40-F/Annual Information Form on file with
the U.S. Securities and Exchange Commission and Canadian provincial securities regulatory authorities. The
Company disclaims any obligation to update or revise any forward-looking statements, whether as a result of
new information, events or otherwise, except as expressly required by law. Readers are cautioned not to put
undue reliance on these forward-looking statements.
All dollar amounts in Canadian currency unless otherwise stated, all references to production refer to payable
production, and all reference to tonnes refer to metric tonnes.
U.S. investors are encouraged to refer to the “Cautionary Note to U.S. Investors Concerning Estimates of
Measured, Indicated and Inferred Resources” in the appendix.
1
3. Investment Case
FOR NAP
• Growth-oriented precious metals producer in mining-friendly
jurisdictions:
• LAC DES ILES, one of only two primary palladium mines in the world,
transitioning into a long-life, low-cost operation
• GOLD DIVISION provides foundation for growth
• Robust pipeline of projects to increase palladium and gold production
• Significant commitment to palladium and gold exploration
• Experienced senior management and operating teams
• Strong balance sheet to fund development programs
2
4. Diversified Precious Metals
PRODUCER
LDI:
One of only two primary
palladium mines in the world
Producing palladium since 1993
Transitioning into a long life, low
cost mine
Significant exploration upside
QUEBEC Sleeping Giant:
ONTARIO
VEZZA Producing gold for over 20 years
Gold Mine
LAC DES ILES
Palladium Mine SLEEPING GIANT Growth potential at depth
Gold Mine
Underutilized mill has potential to
Timmins
Val d‟Or serve NAP‟s nearby projects in
Thunder Abitibi
Bay
Sudbury
Montreal
Vezza:
Toronto
Currently being advanced to be
“production ready” in Q1, 2012
3
5. Market Statistics:
A VERY LIQUID STOCK
STOCK SYMBOLS NYSE Amex: PAL $9.00
TSX: PDL $8.00
$7.00
MARKET CAPITALIZATION US $567 M $6.00
$5.00
SHARE PRICE US $3.50 $4.00
$3.00
SHARES OUTSTANDING 162.4 M
$2.00
52-WEEK HIGH/LOW US $7.92/$2.10 $1.00
$0.00
3-MONTH AVERAGE NYSE Amex: 2,137,952
TRADING VOLUME TSX: 358,997
Information as at Nov. 4, 2011, Thomson One.
4
6. Market Statistics:
STRONG STREET FOLLOWING
ANALYST COVERAGE RBC Capital Markets
Leon Esterhuizen
Cormark Securities
Rajiv Chail Scotia Capital
Credit Suisse Leily Omoumi
Nathan Littlewood
Stifel Nicolaus
GMP Securities George Topping
Andrew Mikitchook
Haywood Securities
Chris Thompson TOP 5 INSTITUTIONAL INVESTORS
Macquarie 1. RBC Global Asset Management
Daniel Greenspan
Merrill Lynch 2. T. Rowe Price Associates
Michael Parkin
3. Mackenzie Financial Corporation
Octagon Capital
Annie Zhang 4. Chilton Investment Company
Raymond James
Bart Jaworski 5. Soros Fund Management
5
7. Financial
STRENGTH
• $95.7 M in working capital (including $37.5 M in cash) as at Sept. 30, 2011
• $60 M operating line
• $72 M term debt financing closed on Oct. 4, 2011
– Increasing Sept. 30, 2011 pro-forma cash to $110 M
6
9. Palladium Market:
MINE SUPPLY
RUSSIA
NORTH
AMERICA 40%
9%
ONLY 6.8 M oz. ANNUAL PRODUCTION WORLDWIDE
SOUTH AFRICA
42%
Source: CPM Group, June 2011
Note: Other producing countries (9%) include Zimbabwe, Australia, Botswana, China, Serbia and
Montenegro; Excludes secondary supply of 1.7 M oz. 8
10. Palladium Market:
SUPPLY
Constrained Mine Supply From Major Producers
(000’s ounces)
3,500
Russia South Africa
3,000
2,500
2,000
1,500
1,000
500
0
2006 2007 2008 2009 2010
• Russian state stockpiles believed to be at or near exhaustion
Source: CPM Group, June 2011
9
11. Palladium Market:
DEMAND
2010 Fabrication Demand: 7.5 M oz.
Refining Dental
Automotive 6% 10% Other
58% 3%
Jewellery
7%
Electronics
16%
Source: CPM Group, June 2011
10
12. Palladium Market:
DEMAND
Global Light Vehicle Production – 5 Year Forecast
(000‟s)
97M 100M
100,000 92M
88M Other1
90,000 84M
80,000 72M 75M
Europe
70,000
60,000
North
50,000 America
40,000
30,000 BRIC
20,000 Economies2
10,000
0
2010 2011 2012 2013 2014 2015 2016
(Actual)
Source: IHS Global Insight Automotive, June 2011
1. Other includes: Japan, Korea, Middle East and Africa
2. BRIC Economies include: Greater China, South America and South Asia
• Majority of demand derived from automobile sector for autocatalysts
• Strongest growth in regions outside of North America, Europe and Japan
11
13. Palladium Market:
DEMAND
Adoption of Stricter Emission Control Standards
2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015
Europe Euro IV Euro V Euro VI
Beijing Euro III Euro IV Euro V
China
Nationwide Euro II Euro III Euro IV
Select Cities Euro III Euro IV
India
Nationwide Euro II Euro III
Russia Euro I Euro II Euro III Euro IV Euro V
USA Tier 2 and LEV II
Brazil Prconve 3 Prconve 4 Prconve 5 Prconve 6
Japan Japan 05 Source: CPM Group, June 2011
• Emerging economies have adopted emission control standards that mandate the
use of catalytic converters
• Advancing to a higher level of emission controls results in higher PGM loadings in
the catalytic converter
• Tightening emission control regulations for heavy-duty trucks
12
14. Use of Palladium in
CATALYTIC CONVERTERS
Gasoline Engines Hybrids & Other New Forms
• Use +90% palladium (of total required • Neutral impact on PGM use
PGM content) • Gasoline hybrids tend to use as much
palladium as normal gasoline engines
Diesel Engines • Currently account for only 1% of global
cars sales1
• Historically used platinum due to
technical requirements • Forecasted to be 14% of overall market
by 20202
• Currently use 25% palladium, with scope
to increase to 50% due to advent of low
sulphur diesel fuel Electric
• No requirement for catalytic converters
• Challenged by lack of infrastructure to
recharge, high costs, long charging
periods and short driving range
• Forecasted to account for only 2% of
global car sales by 20202
1. CPM Group, June 2010
2. Stefan Bratzel, director of the Centre of Automotive Management in Germany;
as reported in Mitsui Global Precious Metals “Pole Position” Report, June 2010 13
15. Palladium Market:
DEMAND
Exchange Traded Funds' Physical Palladium Holdings
Thousand Ounces Thousand Ounces
2,500 2500
SPAL-LSE
SPDM-LSE
2,000 WITE 2000
GLTR
1,500 Julius Baer 1500
MSL (Australia)
PALL-NYSE
1,000 1000
Palladium ZKB
PHPD -LSE
500 500
0 0
20-Apr-07 20-Jan-08 20-Oct-08 20-Jul-09 20-Apr-10 20-Jan-11
• Increasing investment demand driven by perceived positive supply/demand
fundamentals for palladium and automotive industry outlook
Source: CPM Group, as at October 5, 2011 14
16. Palladium Market:
INCREASING PRICE
Recent performance of Palladium (US$/oz) Average Annual Price Forecast (US$/oz)
$900.00 2011 2012
$800.00 BNP Paribas $860 $810
$700.00
CPM Group $849 $908
$600.00
JP Morgan $838 $938
$500.00
$400.00 Credit Suisse $803 $950
$300.00 Barclays $820 $860
$200.00 UBS $800 $825
$100.00 RBC Capital Markets $780 $850
$0.00
1/2/2008 1/2/2009 1/2/2010 1/2/2011 Historic High: US $1,090 (2001)
Recent Price: US $651 (Nov. 4, 2011)
YTD Average Price: US$746
Best performing metal of 2010
Sources: Thomson One and available equity research.
15
18. LDI:
A WORLD CLASS MINE
• One of only two primary palladium mines in the world
• Open pit commenced operations in 1993 (now exhausted)
• Underground mining from the Roby Zone (via ramp) began in 2006
• Total production of ~2.5 M oz of palladium (+ Pt, Au, Ni, Cu) since 1993
• Mine expansion underway with production from the Offset Zone (via shaft)
targeted for Q4 2012
• 15,000 tpd underutilized mill
• 200 employees
17
16
19. LDI:
OPERATING METRICS
2011
Q1 2011 Q2 2011 Q3 2011 YTD
Forecast
Payable Palladium 145,000 -
30,661 46,971 34,871 112,503
Production (oz) 155,000
Tonnes of Ore Mined 332,523 428,692 477,923 1,239,138 1,460,000
Avg. Head Grade
3.9 g/t 5.0 g/t 3.5 g/t 4.1 g/t 4.2 g/t
Milled
Palladium Mill
78.8% 83.2% 76.4% 79.7% 80%
Recovery
Cash Costs1 ($US/oz) $519 $335 $496 $436 $450
1. Total cash costs per ounce is a non-IFRS measure. For reconciliation of historical total cash costs per ounce to production
costs, please refer to the Company‟s financial statements. Cash costs per ounce are presented net of byproduct credits
and can be materially affected by changes in byproduct metal prices, as well as the Canadian/US dollar exchange rate. 18
20. LDI:
MINE EXPANSION PLAN
• Transitioning from mining via ramp to via
shaft Surface
• High-volume, large scale bulk mining OPEN PIT
method:
– long-hole stoping with primary & ROBY
secondary stoping blocks ZONE
SHAFT
• Currently sinking a shaft to the 4,815 mine
level (700 m from surface)
• Shaft is being sized for 7,000 tpd
685 Metres
• Completion of Phase I of shaft scheduled
for Q4, 2012
• Target shaft mining rate: OFFSET
ZONE
– 3,500 tpd (Q4 2012)
– 5,500 tpd (Q1 2015)
• Once mining at 5,500 tpd:
1,345 Metres
– Production expected to exceed 250,000
oz/yr
The underground design schematic of LDI, showing the deposit and
– Cash costs are expected to decline to underground ramp infrastructure, looking east.
~US$200/oz
19
21. LDI:
MINE EXPANSION IN PROGRESS
HEAD FRAME
ORE BIN
HOIST HOUSE
Sept. 28, 2011
• Est. Capex: $175 M in 2011, $75 M in 2012
• YTD Sept. 30, 2011 Capex: $99 M
• Focus of 2011 Development Work:
– Constructing the head frame, hoist room and electrical substation
– Installing the service cage and production hoists
– Completing the shaft raise bore & ventilation raise bore
– Advancing the ramp towards the 4570 mine level
– Developing the 4790 mine level in preparation for production
20
22. LDI Mine Expansion:
LOW EXECUTION RISK
• Over 17 years of mining experience at LDI with a solid track record of underground
development
• Experienced 20-person development team on site overseeing all aspects of the
expansion with the support of industry-leading contractors
• Brownfield expansion vs. greenfield project
• Utilizes existing Roby Zone development platform
• Underutilized mill and tailings facilities in place
• No long lead items
• No capex currency risk (all expenditures are in C$)
21
23. LDI:
NEW UNDERGROUND ZONES
Roby Zone
Offset Zone
Cowboy Zone Offset
Cowboy Zone
Outlaw Zone Zone
Cross Section View
Mineralization Extension
Trend
Other
Cowboy & Outlaw Zones discovered in 2009
Sheriff Zone
Mineralization
Plan View
Trend
Offset Zone
Sheriff Zone discovered in 2010
New zones have potential to increase production 22
24. LDI:
CONTINUING FOCUS ON EXPLORATION
Growing Through the Drill Bit
Significant 2011 Exploration Program*:
• Budget: $8.8M
• 32,000 m of drilling:
– 25,000 m at LDI
– 3,000 m at Legris Lake
– 4,000 m at NAP‟s other nearby properties
* Excludes 46,000 metres of expansion project drilling
23
25. LDI:
EXPLORATION UPSIDE NEAR MINE
+30,000-acre PGM land package
North VT
North Rim
VT Rim Mineralized
Trend
North Pit
LDI PROPERTY
Target
Legris Lake
LDI Mine & Mill
Legris Lake
Sheriff
LDI & Legris Lake cover the most
Zone
South Pit Target
N prospective mafic complexes in the area
• LDI represents a rare palladium-rich asset with excellent infrastructure
• LDI complex has only been drilled in a 1km x 1km area & remains largely underexplored
• Multiple targets identified for follow up exploration 24
26. LDI Exploration Potential
INDEPENDENT REVIEW
• Independent exploration review of LDI property conducted by Revelation
Geoscience, experts in PGE deposits
• Key findings:
– “Globally, there are few available advanced WE HAVE ONLY
PGE exploration investment opportunities as SCRATCHED THE SURFACE
attractive as LDI (technical quality risk, PGE
focus).”
– “Exploration opportunities at LDI are highly
ranked in comparison to most advanced PGE
properties on a global basis. Low overall risk
given existing infrastructure and permitting.
Clear path to expanding production.”
– “Several areas on the Mine Block Intrusion have
immediate potential for expanding the resource
base. Offset Zone south extension, Cowboy,
Outlaw & Sheriff zones. Good historical link
between exploration spend and resource quality
and size. Encouraged to continue with
aggressive exploration.”
25
28. Regional Portfolio
80-KM LAND PACKAGE
Vezza Discovery
Cameron Shear JV
Flordin
Florence
Sleeping Giant
Dormex
Harricana North
Laflamme
Total Reserves & Contained
Tonnes Au (g/t)
Resources Ounces
Proven & Probable 191,000 8.4 52,000
Localisation.
Measured & Indicated 6,397,000 4.1 846,000 Simplified Geology Map.
Inferred 4,241,000 3.9 533,000
OBJECTIVE: Achieve scale through organic growth
Potential to produce +100,000 oz of Gold per Year
27
29. Sleeping Giant
MINE
• 2011 transition year while development at depth is completed
• Operations and cost structure revised to focus on quality (grade) vs. quantity
(tonnage) to improve profitability
• 2011 gold production guidance: 15,000 – 20,000 oz.
• 110 employees currently at mine & mill site
28
30. Sleeping Giant:
ECONOMICS TO IMPROVE AT DEPTH
• 2011 mining focused on the areas
around the 975 m elevation & above
• Completed deepening the mine shaft
by 200 m to 1175 m to gain access to 3
new higher grade mining levels
• Development of new mining levels
commenced
• Expect to produce from the new mining
levels at the start of 2012 resulting in
improved profitability
200 m Deepening
Longitudinal Section
All depth references are in metres
29
31. Sleeping Giant:
UNDERUTILIZED CENTRAL MILL
Strategic Asset
• Ability to serve NAP‟s other gold projects
in Abitibi region
• 900 tpd mill currently operating at
½ capacity
– Future plans for expansion to1,250
tpd or 1,750 tpd
• In 2011, the Company will spend ~$2 M
on the expansion, which includes:
– geotechnical tests
– building & foundation designs
– detailed engineering work
– receiving the required construction
permits
– materials procurement, including
refurbished rod mill & jaw crusher
30
32. Vezza Gold Project
DEVELOPMENT
• 85 km by paved road to SG mill
• Advanced-stage project:
– Extensive drilling (+100,000 m)
– Hoist & 3-compartment shaft
– 4 underground levels down to a depth of 741 m
– Surface infrastructure in place Production Potential: 39,000 oz/yr
Mining Rate: 750 tpd
• 2011 exploration & development capex budget:
Mine Life: 9 years
$32M
• YTD Sept. 30, 2011 capex: $21 M
• 40,000-tonne bulk sample to be processed at SG mill
planned for Q4, 2011/Q1, 2012
• Being advanced to be “production ready” in Q1,
2012
31
33. Vezza Gold Project
DEVELOPMENT
2011 YTD Highlights:
Secured mining workforce contract
Advanced permitting
Progressed lateral development on 6
levels
Significant progress in surface and
underground construction work
Refined mining plan based on
recently completed studies of crown
pillars, rock mechanics, and
metallurgical tests
32
34. Other Gold Properties:
GROWTH POTENTIAL
2011 Trucking
Au Production
Project Resources* Exploration Distance to
Potential
Program SG Mill
Measured & Indicated:
162,035 oz Au (1.80 g/t) TBD
FLORDIN 4,500 m 70 Km
Inferred: (potential open pit)
97,651 oz Au (1.59 g/t)
Measured & Indicated:
237,000 oz Au (5.74 g/t) 44,000 oz /yr
DISCOVERY 8,000 m 80 Km
Inferred: (over 4 yrs)
294,000 oz Au (5.93 g/t)
TBD
DORMEX TBD 2,400 m Adjacent (potential fold of
Sleeping Giant)
Potential to produce over 100,000 oz per year
from expanded Sleeping Giant mill
* See Cautionary Note to U.S. Investors Concerning Estimates of Measured, Indicated and Inferred
Resources. Report sources can be found in the appendix.
33
35. 2011 Gold
EXPLORATION
• 70-km land package surrounding Sleeping Giant mill
• Budget: $9.1 M for 49,000 m of drilling
• 26,500 m at Sleeping Giant
• 22,500 m at NAP‟s other gold properties
Vezza
Discovery
Cameron Shear JV
Florence
Flordin
Harricana
North
Dormex
Sleeping Giant
Mine & Mill
Laflamme
Abitibi region, Quebec, Canada
34
36. NAP 2011
PRIORITIES
Priority Status
Progressing the LDI mine expansion In Progress
Completing the LDI resource update (Q2) Done
Updating the LDI mine expansion plan (Q3) Done
Completing the shaft deepening at Sleeping Giant (Q2) Done
Advancing the Vezza gold project towards a production In Progress
decision (year-end)
Continuing exploration programs aimed at increasing In Progress
reserves and resources at LDI and in the gold division
Raising debt financing to fund LDI mine expansion (Q4) Done
35
37. Why
INVEST?
PIPELINE OF PROJECTS TO
STRONG INCREASE
MANAGEMENT TEAM PRODUCTION
INVESTING IN FUTURE FINANCIAL
GROWTH STRENGTH
36
38. Shareholder
INFORMATION
North American Palladium‟s vision is to build a mid-tier diversified precious metals company operating in mining
friendly jurisdictions. Highly leveraged to palladium, the Company is also building its exposure to gold, and is
focused on investing in its current operations to grow its production of palladium and gold. NAP‟s experienced
management and technical teams have a significant commitment to exploration and are dedicated to
building shareholder value.
Corporate Office: Royal Bank Plaza, South Tower
200 Bay St., Suite 2350
Toronto, ON M5J 2J2
Stock Symbols: NYSE Amex – PAL
TSX – PDL
Website: www.nap.com
Investor Relations: Camilla Bartosiewicz
Manager, Investor Relations & Corporate Communications
camilla@nap.com
416-360-7590 ext. 7226
37
40. Senior
MANAGEMENT
William J. Biggar – President and CEO
An accomplished businessman with extensive experience in mining and in a broad range of industries. Mr. Biggar has held
senior positions with Barrick Gold Corporation, Horsham Corporation and Magna International. He also has over 12 years of
experience as an investment banker and private equity investor. A Chartered Accountant, he holds Master of Business
Administration and Bachelor of Commerce (with distinction) degrees from the University of Toronto.
Greg Struble – VP and COO
A mine engineer with over 30 years of experience in underground mining. Most recently, he served as Executive Vice
President and COO of Stillwater Mining Company, where he was responsible for two underground palladium mines as well as
smelter and refinery operations. Prior to this, he worked as underground project manager for Barrick Gold‟s Cortez Hills Joint
Venture. Mr. Struble has also worked internationally at a number of large gold mines.
Jeff Swinoga – VP, Finance and CFO
Eighteen years of experience in the resource, mining and finance industries. Mr. Swinoga has held CFO positions with HudBay
Minerals and MagIndustries, and was Director, Treasury Finance of Barrick Gold Corporation for seven years. A Chartered
Accountant, he also has an MBA from University of Toronto and an honours economics degree from University of Western
Ontario.
Trent Mell – VP, Corporate Development and General Counsel
Mr. Mell has previously worked at the corporate head offices of Barrick Gold Corporation and Sherritt International. Prior to
joining the mining industry, Mr. Mell worked with Stikeman Elliott LLP, where he practiced securities law. Mr. Mell has published
papers on NI 43-101, and holds a B.A., a B.C.L. (with distinction) and a LL.B. (with distinction), all from McGill University, as well
as a Masters degree in Securities Law from Osgoode Hall Law School.
39
41. Cautionary Note to U.S. Investors Concerning
MINERAL RESERVES AND MINERAL RESOURCE
• Mineral reserves and mineral resources have been calculated in accordance with National Instrument
43-101 as required by Canadian securities regulatory authorities. For United States reporting purposes,
Industry Guide 7, (under the Securities and Exchange Act of 1934), as interpreted by Staff of the Securities
Exchange Commission (SEC), applies different standards in order to classify mineralization as a reserve. In
addition, while the terms “measured”, “indicated” and “inferred” mineral resources are required pursuant
to National Instrument 43-101, the U.S. Securities and Exchange Commission does not recognize such
terms. Canadian standards differ significantly from the requirements of the SEC, and mineral resource
information contained herein is not comparable to similar information regarding mineral reserves
disclosed in accordance with the requirements of the U.S. Securities and Exchange Commission. U.S.
investors should understand that “inferred” mineral resources have a great amount of uncertainty as to
their existence and great uncertainty as to their economic and legal feasibility. In addition, U.S. investors
are cautioned not to assume that any part or all of NAP's mineral resources constitute or will be
converted into reserves. For a more detailed description of the key assumptions, parameters and
methods used in calculating NAP‟s mineral reserves and mineral resources, see NAP‟s most recent Annual
Information Form/Form 40-F on file with Canadian provincial securities regulatory authorities and the SEC.
• Michel Bouchard, P. Geo, a qualified person under NI 43-101, supervised the preparation of the technical
data in this presentation.
• Please refer to North American Palladium‟s Annual Information Form for the year ended December 31,
2010 and applicable technical reports available on www.sedar.com, www.sec.gov and www.nap.com
for further information.
40
43. LDI Mine
MINERAL RESERVES & RESOURCES
NOTES:
1.Prepared in accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101”) and the
Canadian Institute of Mining, Metallurgy and Petroleum classification system.
2.The mineral resource estimate for the Offset Zone was prepared by Antoine Yassa, P.Geo. and Eugene Puritch, P.Eng. of P&E
Mining Consultants Inc. both Independent Qualified Persons within the meaning of NI 43-101. The mineral resource calculation uses
a minimum 3.5 g/t Pd resource block cut-off, Assays were capped at various levels depending on metal grade distributions.
Resources were estimated to the 4070 Mine Level (-930 m elevation), a maximum depth of 1,430 m. The following metal price
assumptions were used: US$475/oz palladium, US$1,500/oz platinum, US$1,100/oz gold, US$9.00/lb nickel, and US$3.00/lb copper. A
US$/Cdn$ exchange rate of US$0.95 = CDN$1.00 was also applied.
3.The mineral reserve and resource estimate for the Roby Zone, open pit and and stockpiles were estimated as of June 30, 2010 by
Scott Wilson RPA and updated by David Penna, P.Geo., an employee of the Company and a Qualified Person under 43-101 to: (i)
to reflect additions to mineral reserves in the Roby Zone as a result of a lower cut-off palladium grade and higher palladium price
in the Roby Zone; (ii) depletion from production up to May 31, 2011, and (iii) mineral reserves from the crown pillar (supported by an
internal engineering report). The following cut-off grades were used: (i) 1.8 g/t PdEq for the Roby open pit, within an optimized pit
shell run below the current pit survey; (ii) 1.9 g/t PdEq for the mine stockpiles; and (iii) 5.8 g/t PdEq for the underground Roby
Zone. These cut-off grades were determined under the assumption that production would take place at a rate of 14,000
tpd. Metal price assumptions of US$350/oz palladium, US$1,400/oz platinum, US$850/oz gold, US$6.50/lb nickel, and US$2.00/lb
copper were used in the estimation of cut-off grade. A US$/Cdn$ exchange rate of 1.11 was also applied.
4.Palladium ounces are stated as contained ounces. Disclosure of contained ounces is permitted under Canadian regulations;
however, the SEC generally permits resources to be reported only as in place tonnage and grade. Since the closure of the open
pit operations, metallurgical recoveries at the LDI mine have been approximately 80.8% for palladium, 74.2% for platinum and
77.2% for gold.
5.Mineral resources which are not mineral reserves do not have demonstrated economic viability. The estimate of mineral resources
may be materially affected by environmental, permitting, legal, title, taxation, socio-political, marketing, or other relevant
issues. The quantity and grade of reported inferred resources in this estimation are uncertain in nature and there has been
insufficient exploration to define these Inferred resources as an Indicated or Measured mineral resource and it is uncertain if further
exploration will result in upgrading them to an Indicated or Measured mineral resource category.
6.The resource estimate was prepared by constructing 3D wireframes containing 37.9 million tonnes of mineralization with Gemcom
software and using inverse distance squared (1/d2) grade interpolation on capped composited assays.
42
44. Sleeping Giant Mine
MINERAL RESERVES & RESOURCES
December 31, 2010
Au Au
Type Tonnes (g/t) (Contained Oz.)
RESERVES
Proven 36,800 7.7 9,100
Probable 154,200 8.6 42,600
Proven & Probable 191,000 8.4 51,700
RESOURCES
Measured 15,400 5.9 2,900
Indicated 589,500 6.5 123,000
Measured & Indicated 604,900 6.5 125,800
Inferred 146,000 8.2 38,700
NOTES:
1. The mineral reserve and mineral resource estimate for the Sleeping Giant mine was prepared by Mr.
Vincent Jourdain, P.Eng., Ph.D, Donald Trudel, P.Geo. and Marc-André Lavergne P.Eng., qualified persons
under NI 43-101.
2. Mineral resources are exclusive of mineral reserves.
3. Mineral Resources are estimated at varying cut-off grades depending on the type of mining method
contemplated.
4. This updated mineral resource estimate assumes a long-term gold price of US $1,100.
5. CIM definitions were followed for Mineral Resources. See Cautionary Note to U.S. Investors Concerning
Estimates of Measured, Indicated and Inferred Resources. 43
45. Vezza Project
MINERAL RESOURCES
December 31, 2010
Au Au
Type Tonnes (g/t) (Contained Oz.)
RESOURCES
Measured 190,000 6.1 37,100
Indicated 1,524,000 5.8 283,800
Total Measured & Indicated 1,714,000 5.8 320,900
Inferred 633,000 5.0 102,100
NOTES :
1. This updated mineral resource estimate was prepared as of April 11, 2011 by M. Bernard Salmon, B.Sc., Eng., an
independent Qualified Person within the meaning of NI 43-101.
2. CIM definitions were followed for the estimation of Mineral Resources.
3. Mineral Resources are estimated at a cut-off grade of 3 g/t, using an average long-term gold price of US$1,200 per
ounce and a US$/C$ exchange rate of 1:1.
4. Minimum mining width of two metres was used.
5. Totals may not represent the sum of the parts due to rounding.
6. See Cautionary Note to U.S. Investors Concerning Estimates of Measured, Indicated and Inferred Resources.
44
46. Flordin Property
MINERAL RESOURCES
March 14, 2011
Au Au
Type Tonnes (g/t) (Contained Oz.)
RESOURCES
Measured 116,200 3.25 12,133
Indicated 2,679,600 1.74 149,902
Total Measured & Indicated 2,795,800 1.80 162,035
Inferred 1,915,700 1.59 97,651
NOTES:
1. This updated mineral resource estimate for a potential open pit mining method was prepared as of March 14,
2011 by Mr. Pierre-Luc Richard, B.Sc., Geo. of InnovExplo Inc., an independent qualified person under NI 43-101,
using a cut-off grade of 0.5 g/t and 3 metre minimum width.
2. CIM definitions were followed for the estimation of mineral resources.
3. See Cautionary Note to U.S. Investors Concerning Estimates of Measured, Indicated and Inferred Resources.
45
47. Discovery Project
MINERAL RESOURCES
August 1, 2008
Au
Au (Contained
Type Tonnes (g/t) ounces)
RESERVES
Measured 3,000 8.95 900
Indicated 1,279,000 5.74 236,000
Inferred 1,546,000 5.93 294,000
NOTES:
1. Source: NI 43-101 Technical Report, August 1, 2008
2. The mineral resource estimate for the Discovery Project was prepared by Mr, Carl Pelletier, B.Sc., P.Geo. of InnovExplo, an
independent qualified person under NI 43-101, assuming a gold price of U.S.$850 in the first 5 years, and U.S.$750
thereafter. Applied varying cut-off grades depending on the type of mining method contemplated.
3. The effective date of the estimate is June 17, 2008.
4. This estimate conforms with National Instrument 43-101 – Standards of Disclosure for Mineral Projects (NI 43-101). U.S. investors
should refer to the company‟s most recent 40F/Annual Information Form for an overview on how Canadian standards differ
significantly from U.S. requirements. Mineral Resources, having demonstrated economic viability, are not Mineral Reserves.
For further information, please refer to the report titled “Technical Report on the Scoping Study and Mineral Resource Estimate
for the Discovery Project (according to Regulation 43-101 and Form 43-101F1) dated August 1, 2008 and prepared by
InnovExplo Inc. It is filed on www.sedar.com under Cadiscor Resources Inc.
46