Investor Presentaiton
KOMATSU
730
KOM AT SU
MOMATSU
690
60
KOMATSU
MINING MAGNESIUM ORE
Company signed Future Contract LOI with Galaxy Magnesium in
Dec 2021 for the sale of 234K tpa of Mg ore at $500/Mt
•
Mine construction following provincial permit approval; Mine
production of 250 ktpa to start in 2023;
Attractive economics and rapid payback with massive competitive
advantages over other deposits;
Open Pit high grade, oxide rich deposit with exceptional mineralogy
and free of harmful contaminants (asbestos, etc.)
Low Capex $5M due to existing infrastructure; Opex $20/t with
contracted seasonal mining/crushing operation;
Signed Future Contract LOI with Galaxy Magnesium for the sale of
234K tpa of Mg ore at $500/Mt FOB Rossland, BC, resulting in
EBITDA of over 110$M.
Recent corporate market cap suggests this attractive project
is deeply discounted despite substantial de risking from a
resource, permitting and planning perspective;
Mine Quarry expansion in year 2 for 1.0 Mtpa.
WHY.V | October, 2022
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