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DGR GLOBAL LIMITED — Investor Presentation 2021
Jul 13, 2021
64771_rns_2021-07-13_d19492a7-b2f8-4877-9b68-c8021100f599.pdf
Investor Presentation
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July 2021 Nicholas Mather | CEO DGR Global
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CAUTIONARY STATEMENT
This presentation has been prepared by DGR Global Limited (“DGR Global” or “The Company”). By accessing this presentation you acknowledge that you have read and understood the following statement.
Forward-looking Statements
This document, including but not limited to all forward looking figures, contain certain forward-looking statements with respect to the financial condition, results of operations and business of DGR Global. The words “intend”, “aim”, “project”, “anticipate”, “estimate”, “plan”, “believes”, “expects”, “may”, “should”, “will”, “target”, “set to” or similar expressions, commonly identify such forward-looking statements. Forward-looking statements involve known and unknown risks, uncertainties, assumptions and other factors set forth in this presentation. In light of the risks, uncertainties and assumptions, actual results could be materially different from projected future results expressed or implied by these forward-looking statements which speak only as to the date of this presentation. Except as required by applicable regulations or by law, DGR Global does not undertake any obligation to publicly update or revise any forward-looking statements, whether as a result of new information or future events. The Company cannot guarantee that its forward-looking statements will not differ materially from actual results. In this presentation, all figures are Australian Dollars unless stated otherwise.
Disclaimer
Neither this presentation, nor any part thereof, may be distributed, published or reproduced in any form, except as permitted by DGR Global. This presentation contains a number of non-IFRS financial measures. DGR Global management considers these to be key financial and / or commercial performance indicators of the business and they may not defined and/or reconciled in DGR Global’s audited financial statements or Annual Report. Reference to external figures or statistics or predictions of growth, commodity demand and pricing, etc are not based on DGR Global’s own opinions, estimates or forecasts, and are compiled and published without comment from, or endorsement or verification by, DGR Global. Third party information is referenced to its source. By referencing any third party information, DGR Global does not imply that it endorses, confirms or expresses a view on that information. Any such information is provided for informational purposes only and is not intended to, nor does it, constitute investment advice or any solicitation to buy, hold or sell securities or other financial instruments. No warranty or representation, either express or implied, is made by DGR Global or its affiliates, or their respective directors, officers and employees, in relation to the accuracy, completeness or achievability of the consensus figures and, to the fullest extent permitted by law, no responsibility or liability is accepted by any of those persons in respect of that information.
This presentation should read in conjunction with the audited financial statements of DGR Global, and where applicable, its other publicly available information such as market releases and presentations.
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DGR GLOBAL CORPORATE TREE
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UNLISTED LISTED
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Through these companies ,
DGR Global offers an entry
point to:
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Gold
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Copper
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Tin
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Coking Coal
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Oil & Gas
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Zinc
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As at 30 June 2021
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DIVERSE RANGE OF MARKETS
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A CONTINUAL PIPELINE FROM IDEAS TO CASH
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Maturity
Create
New
Projects
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DGR Global Market Cap – Significant discount to net assets
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DGR GLOBAL VALUE EXCEEDS PRICING
Listed assets only mark-to-market
“Price is what you pay, Value is what you get.” - Warren Buffett
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THE DGR GLOBAL INVESTMENT PROPOSITION
PORTFOLIO OFFERS ONE ENTRY POINT FOR EXPOSURE TO:
Traditional resources (Gold, Copper, Gas) and technologydriven resources (Lithium, Cobalt, Tin)
Multiple financial A diverse range of A diverse range of markets and operational and commodities international jurisdictions exchanges Long-term growth Underlying project Ongoing project underpinned by interests ranging and resource forecast commodity from infancy to company growth maturity generation
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Historical highs : Gold prices Historical highs : Copper prices Resilience of the resources sector during Covid-19 Gas led recovery post Covid-19 Historical highs : Tin prices Lithium demand : EV Revolution Oil & Gas: A vital part to play in the green energy transition
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DGR GLOBAL - BETTER THAN PAPER MONEY
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COPPER, GOLD, GAS, GREEN POWER
FUTURE FOCUS: WHAT CAN WE EXPECT?
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GLOBAL GROWTH – DEMAND FOR COMMODITIES
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From 2008 – 2021 we have had 13 years of quantitative easing, a blowout in money supply & fiscal stimulus packages.
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The blowout in the money supply has meant the gold price has increased from 2008 to what it is in 2021.
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As a result of an increase in world population and stimulus packages there is going to be massive increase in demand for iron ore, gold, copper, gas and coking coal .
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THE DATA TELLS THE STORY – GOLD & COPPER Strong price and demand forecasts
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SOURCE GOLDMAN SACHS AND WORLD BANK
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DGR GLOBAL INVESTMENTS COMPANY UPDATES AS AT 30 JUNE 2021
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SOLGOLD | LSE/TSX: SOLG | 8.9% Owned by DGR Global
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¡ Alpala is one of the most significant copper-gold discoveries in over 10 years
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¡ Alpala is a well defined and large porphyry ore-body, which will produce a copper-gold-silver concentrate for the international market
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¡ Large direct investments from BHP, Newcrest and Franco-Nevada totalling over US$275m endorsing SolGold and Ecuador as a future mining jurisdiction
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¡ Largest tenement holder in Ecuador with the most geologists on the ground and a highly prospective pipeline of projects
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¡ Ecuador is one of the most important new mining provinces
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¡ The share of underground copper production will rise considerably from ~25% in 2020 to over 35% by 2040*
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¡ The bull market for copper is now fully underway
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¡ Green electrification to support strongest decade for global copper demand growth
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IRONRIDGE RESOURCES | LSE: AIM | 14.5% Owned by DGR Global
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¡ Listed on LSE:AIM (IRR)
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¡ African-focused explorer with lithium and gold projects across Ghana, Ivory Coast and Chad
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¡ Major shareholders are DGR Global, Assore Limited and Sumitomo Corporation
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¡ Projects are well located with easy access to operational infrastructure.
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¡ The Company recently announced its intention to demerge the gold assets to unlock the value in the Cape Coast Lithium portfolio and create a new gold focussed entity to fully realise value for shareholders.
GHANA - LITHIUM
- ¡ IronRidge Resources has entered into a conditional binding agreement with Piedmont Lithium, a Nasdaq listed lithium exploration and development company, to fully fund and fast track the Ewoyaa Lithium Project as part of the Company's Ghanaian Cape Coast Lithium Portfolio, to production
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IRONRIDGE RESOURCES | LSE: AIM | 14.5% Owned by DGR Global
CÔTE D'IVOIRE - GOLD
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¡ 3,982km2 gold portfolio which includes flagship Zaranou gold project with the identification of 47km long gold prospective structure
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¡ Multiple high-grade gold intersections including highlights of 24m @ 13.59g/t from 136m, 6m @ 15.11g/t gold from 26m, 22m @ 3.39g/t gold from 8m, 4m at 17.9g/t gold from 44m, 5m at 11.4g/t gold from 38m, 68m @ 1.4g/t from 20m and 64m @ 1.41g/t from 100m
CHAD – GOLD
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¡ Potentially uncovered a new intrusion related gold province and secured a 746km2 portfolio including drill ready Dorothy project
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¡ Trenching has returned highlights of 84m at 1.66g/t gold (including 6m at 5.49g/t & 8m at 6.23g/t), 4m at 18.77g/t gold and 32m at 2.02g/t gold (including 18m at 3.22g/t) over a 3km by 1km area of artisanal workings and veining
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¡ The Company recently announced its intention to demerge the gold assets to unlock the value in the Cape Coast Lithium portfolio and create a new gold focussed entity to fully realise value for shareholders
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ARMOUR ENERGY | ASX: AJQ |16.18% Owned by DGR Global
- ¡ Listed on ASX (AJQ).
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¡ 17% interest in Armour Uganda’s Oil Project.
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¡ Forecasts for gas as an energy source remain strong through to 2040 under international climate change scenarios.
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¡ Existing conventional gas producer with material resources supplying into premium East Coast Gas Market.
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¡ Owner/Operator of significant dedicated processing, storage & pipeline infrastructure.
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¡ Existing processing with available capacity and significant, low cost expansion potential.
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¡ Significant uncontracted 2P Sales Gas Reserves.
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¡ Programmes in Surat, Northern Basins, Cooper & Southern Basins to establish multi-TCF gas supply.
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¡ Demerger of Northern Basin assets to provide gas supply into Top End gas markets (Mt Isa, NT).
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¡ Proposed $40M cash injection - 33% equity in McArthur Oil & Gas.
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ARMOUR ENERGY | ASX: AJQ |16.18% Owned by DGR Global
McArthur Oil & Gas
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¡ McArthur Oil & Gas (subject to successful demerger from Armour Energy)1 will hold a commanding position across the McArthur Basin
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¡ 100% ownership of contiguous McArthur Basin acreage portfolio covering 89,000km2
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¡ Compelling valuation compared to peers (Tamboran Resources, Empire Energy, Cooper Energy) - Prospective Resource valuation of ~$3/TJ – vs Peers of $6-8+/TJ 2
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¡ Active regional exploration program which has already delivered strong exploration results
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Shallow targets with low exploration/appraisal cost
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¡ Glyde conventional high quality gas discoveries in proven Coxco Dolomite Pay - 3 million cubic feet per day
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With early commercialisation and gas sales pathways - Retention Licenses Application lodge, first step towards production licenses
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¡ Large untapped conventional exploration potential - Conventional Prospective Recoverable Resources: 4.6 TCF 3(best expected)
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¡ Plus significant unconventional follow-up resources - Unconventional Prospective Recoverable Resources: 28.1 TCF 3 (best expected)
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NEWPEAK METALS | ASX: AIM | 9.66% Owned by DGR Global
- ¡ NewPeak’s 2021 goal is to substantially increase its market value through making a significant discovery in one or more of the Company’s Gold projects, as well as Lakes Blue Energy recommencing trading and advancing in value
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¡ Successful completion of maiden drilling at Cachi Gold in Argentina. Small amount of drilling completed has confirmed there is a vast fertile mineralised precious metals system spanning over 10km across and 5km wide
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¡ Drilling the Presagio West and Belleza, Las Opeñas Gold targets in Argentina to define JORC Resources
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¡ Exploration drilling in New Zealand completed with encouraging results. Chasing Orogenic Gold nearby OceanaGold’s large Macraes Mine. A large portfolio of exploration permits obtained through acquisition and application in the Otago Goldfield
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¡ Finland Gold resource definition drilling secured. Most advanced Finland prospects Satulinmaki and Hopeavuori, have drill rigs secured and will begin July 2021 to define JORC Resources
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¡ Prospectivity study completed at the Bergslagen Strategic Metals properties in Sweden. Anomalous Tungsten confirming historical results and elevated levels of Copper, Zinc, Lead and Molybdenum
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AUS TIN MINING | ASX: ANW | 12.18% Owned by DGR Global
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Four point plan targeting improved shareholder value
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¡ Listed on ASX (ANW).
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¡ Investment Rationale for Aus Tin Mining based on:
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¡ Leverage to global economic recovery through metallurgical coal.
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¡ Leverage to minerals for future electrification (tin, copper, cobalt, nickel).
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AUBURN RESOURCES | 39.13% Owned by DGR Global
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Auburn Resources Ltd is a currently unlisted mineral resource and exploration company with a particular focus on discovery and development of Tier 1 zinc, copper and gold targets in Queensland and the Northern Territory.
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¡ 100% Ownership
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¡ 9 Projects, including 4 district-scale flagships (+9,300km2)
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¡ Under-explored parts of most endowed provinces
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¡ Multiple Tier 1 targets
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¡ Proposed IPO and listing with $10m capital raise
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ARMOUR UGANDA | 83.16% Owned by DGR Global
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¡ Highly Prospective Rift Basin (85% success rate)
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¡ Multi-stacked play – 300 – 400 million barrel targets
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¡ Next Steps
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Seismic
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Data Processing
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Basin Analysis Phase 2
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Capital Raising and Market listing
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First Well
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¡ Current Program
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Surface sampling
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Seismic survey
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Data processing
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Basin study
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§ Proposed listing and capital raise
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CONTACT
CEO Nick Mather [email protected]
Media Sarah Schuiringa [email protected]
Company Secretary Karl Schlobohm [email protected]
https://twitter.com/DGRGlobal
https://au.linkedin.com/company/dgrglobal
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