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REDIVIUM LIMITED — Investor Presentation 2011
Jun 27, 2011
65703_rns_2011-06-27_ea6aa511-93ce-4b13-8d7b-6487a50fae4e.pdf
Investor Presentation
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Hannans Reward Ltd (ASX:HNR)
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28 June 2011
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Hannans Group Structure
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Hannans
(ASX:HNR)
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Hannans Reward
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Hannans Investment
Management
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Corporate Board Services
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Transaction Services &
Corporate Management
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Australian Exploration
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Equities Investments
Cash
Convertible Notes
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International Exploration
(Resources & Rewards)
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The Charges Against Big Nickel (Extract)* FNArena News - June 23 2011 By Richard (Rick) Mills
Conclusion
Unlike gold there is no "emotional" component to the value of nickel. It isn't hoarded in safes, given as wedding presents, or dangled around women's necks. Instead you find it in buildings, cars, trains and bridges. China is the leading consumer of nickel and is competing for supplies with recovering US industrial demand, as well as India, Russia and Brazil.
The global automotive industry is using more and more nickel for electric and hybrid vehicles. Mining companies have shifted exploration efforts to more challenging locations like the Arabian Peninsula, east-central Africa, and the Subarctic because of a lack of discovery of new sulfide deposits in traditional mining camps. The largest nickel producing companies, Norilsk, Vale and Xstrata don't actually provide a lot of leverage to nickel as they are diversified miners - meaning they also produce iron, manganese, bauxite, aluminium, copper, coal, cobalt, potash, platinumgroup metals, gold and silver.
Pure nickel exploration plays aren't common. Are there one or two junior . nickel plays on your radar screen? If not maybe there should be
Richard (Rick) Mills [email protected] www.aheadoftheherd.com
- A full copy of this very interesting article is available at www.hannansreward.com
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Nickel and Gold exploration in the Goldfields Region of Western Australia Three major ‘belt positions 4
Exploring the northern extension of the rock units that host operating world class (grade is king) nickel mines Nickel price USD22,250/t
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Multiple phases of geology, geophysics and geochemistry RC drilling in progress at Lucy Rocks RC drill collar positions for next round of nickel sulphide drilling at Stormbreaker
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Major focus is gold
Significant amount of geochemistry, geology and geophysics completed by HNR at Mt Gordon….highly encouraging gold and nickel anomalies received **
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** Significant goldin-soil results define high priority gold targets Aiming for ‘oregrade’ gold intercepts in RC drilling over meaningful widths Detailed LJ gold ASX release planned on completion of interpretation
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RC drill collar positions for next round of gold and nickel sulphide drilling – scheduled to follow Forrestania: Skeleton Rocks RC drilling
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The basal contact at the Spargos Prospect at QVR remains to be tested 10
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Errawarra
Iron and Manganese
Photo by Tom Lyons
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Errawarra Iron and Manganese
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Hannans to develop new independent iron and manganese company, proposed to be called Errawarra
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Foundation asset to be the 3,000km[2] Jigalong Manganese Project in the South East Pilbara region of Western Australia adjacent to Atlas Iron Ltd and FerrAus Ltd iron projects
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Hannans to provide Newco with funding to implement its strategy
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Hannans shareholders as at 24 June 2011 to own 100% of new company
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Hannans to maintain 100% ownership of its precious & base metals projects, investment portfolio and convertible notes valued at approximately $25 million
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Subject to achieving critical scale Newco to likely raise additional capital through an Initial Public Offering on the ASX, TSX or AIM
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Shareholder meeting scheduled for early August 2011
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Consolidation…Who’s Next ?
Iron & Manganese Cross Shareholdings & Common Project Interests
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Atlas Iron (Fe) – Pilbara OM Holdings (Mn) – Northen Territory • • Warwick Resources (Fe) – Pilbara Shaw River Resources (Mn) – Pilbara
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• • Aurox Resources (Fe) – Pilbara Northern Iron (Fe) – Norway
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• • Giralia Resources (Fe) – Pilbara Scandinavian Resources (Fe) – Sweden
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• • FerrAus (Fe & Mn) – Pilbara Joint owner of Tshipi with Jupiter Mines (Mn) – Sth Africa
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• • Shaw River Resources (Mn) – Pilbara IronClad (Fe) – South Australia • Archer (Mn) – South Australia
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• Monax (Mn) – South Australia
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Wah Nam (Fe) – Pilbara Consolidated Minerals (Mn) – Pilbara • • Brockman Resources (Fe) – Pilbara BC Iron (Fe)
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• • FerrAus (Fe) – Pilbara OM Holdings (Mn) • Joint owner of Mindy Mindy with FMG (Fe)
Mineral Resources (Fe & Mn) – Pilbara & Yilgarn Jupiter Mines (Fe & Mn) – Sith Africa, Pilbara & Yilgarn • • Mesa Minerals (Mn) – Pilbara Joint owner of Tshipi with OM Holdings (Mn) – Sth Africa • Auvex Resources (Mn) – Pilbara • Polaris (Fe) – Yilgarn Existing Pilbara Players – BHPB, RIO Tinto, FMG , New Entrants – South Americans, Chinese, Indians, Russians ? Aquila, Hancock Prospecting ? Companies diversifying from magnetite in Mid West to Hematite in the Pilbara ?
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RC and diamond drilling planned for next Quarter to identify a manganese resource – Scheduled for September 2011
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Iron Targets – Hematite
RC drilling intercepts by HNR include: 4m @ 63.1% Fe from 36m 5m @ 62% Fe from 47m 2m @ 61.6% Fe from 55m all from within interval of 35m @ 47.6% Fe
Environmental studies in progress to gain approvals for next RC drilling program – scheduled to follow Lake Johnston gold drilling
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Hannans Cash Expenditure & Share Price
(All Quarters since ASX Listing)
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Cash Expenditure HNR Share Price
A$
2,000 1.00
Administration & Other
Exploration and Evaluation
HNR Share Price
1,800 0.90
1,600 0.80
1,400 0.70
1,200 0.60
1,640
1,000 0.50
1,364
800 0.40
1,347 1,121
600 661 721 0.30
403 418
546
339
400 667 541 475 0.20
131 272 388
390 196
330 245 69
200 92 158144 26199 158109 118 10477 19397 143106 246 265 268 135 69 305 281 219 292 386 145 228 14245 207 235 194 149 172 139 158 240 0.10
0 24 30 13 0.00
Dec 2003 Jun 2004 Dec 2004 Jun 2005 Dec 2005 Jun 2006 Dec 2006 Jun 2007 Dec 2007 Jun 2008 Dec 2008 Jun 2009 Dec 2009 Jun 2010 Dec 2010
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Exploration Manager
Mr Don Huntly, Geologist
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Mr Huntly holds a Masters Degree in Science (Ore Deposit Geology and Evaluation) from the University of Western Australia, a Bachelor of Applied Science (Geology) and is a full member of Australian Institute of Geoscientists (MAIG) as well as a Registered Professional Geoscientist (RPGeo). Mr Huntly is an experienced geologist having held senior exploration positions with major companies including Xstrata Nickel Australasia, Jubilee Mines NL, Goldfields of South Africa (Agnew Gold Operation) and WMC Resources Ltd (Leinster Nickel operation). Mr Huntly played a major role in the discovery of the Sinclair Nickel Deposit owned by Xstrata. He is a member of the Australian Institute of Geoscientists and is a Registered Professional Geoscientist.
Competent Persons Statement
The information in this document that relates to exploration results is based on information compiled by Mr Donald Huntly, Exploration Manager who is a Full Member of the Australian Institute of Geoscientists and a Registered Professional Geoscientist. Mr Huntly is a full-time employee with Hannans Reward Ltd. Mr Huntly has sufficient experience, which is relevant to the style of mineralisation and types of deposits under consideration and to the activity which has been undertaken to qualify as a Competent Person as defined by the 2004 edition of the “Australian Code for the Reporting of Exploration Results, Mineral Resources and Ore Reserves”. Mr Huntly consents to the inclusion in the report of the matters based on the information in the form and context in which it appears.
Contact: +61 8 9324 3388
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Hannans Group Structure
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Hannans
(ASX:HNR)
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Hannans Reward
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Hannans Investment
Management
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Corporate Board Services
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Transaction Services &
Corporate Management
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Australian Exploration
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Equities Investments
Cash
Convertible Notes
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International Exploration
(Resources & Rewards)
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Hannans Investment Management
| Valuation of Equities | Valuation of Equities | |||
|---|---|---|---|---|
Company |
Type | Number | Price | Value |
| AGO | FPO | 6,401,334 | $3.36 | $21,508,482 |
| SCR | FPO | 1,835,001 | $0.35 | $642,250 |
| Other | FPO | 20,000 | $0.17 | $3,400 |
| FPO | 125,000 | $0.20 | $25,000 | |
| $22,179,132 | ||||
| Convertible Notes | Amount | Conversion Price |
Interest Rate | |
| SCR | $2.5m | $0.33 | 12.5% pa | |
| SCR | $1.25m | $0.66 | 12.5% pa | $3,750,000 |
| $25,929,132 | ||||
| Hannans Reward Ltd Capital Structure | ||||
| Type | Number | Expiry | ||
| FPO | 131,648,715 | |||
| Options (ex. 80c) | 2,250,000 | 30-Jun-11 | ||
Options (ex. 20c) |
2,000,000 | 31-Jul-11 | ||
Options (ex. 80c) |
1,000,000 | 30-Jun-12 | ||
Options (ex. 40c) |
100,000 | 30-Jun-12 | ||
Options (ex. 80c) |
1,000,000 | 30-Jun-13 | ||
| Options (ex. 20c) | 300,000 | 20-Jul-13 | ||
| Options (ex. 75c) | 300,000 | 20-Jul-13 | ||
Options (ex. 100c) |
300,000 | 20-Jul-13 | ||
Fully diluted FPO |
133,948,715 | |||
| HNR market capitalisation at $0.16 |
$21,063,794 | |||
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Hannans Group Structure
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Hannans
(ASX:HNR)
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Hannans Reward
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Hannans Investment
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Corporate Board Services
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Transaction Services &
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Australian Exploration
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Equities Investments
Cash
Convertible Notes
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International Exploration
(Resources & Rewards)
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Transaction Services & Corporate Management
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Wholly owned business unit of Hannans
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CBS revenue reduces Hannans’ fixed costs
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CBS offers Hannans shareholders opportunities to access new offerings
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(e.g. Scandinavian Resources Ltd, Naraccota Resources Ltd, Lithex Ltd)
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CBS utilises expertise of Hannans corporate team to provide transaction services and corporate management services to listed and unlisted private and public companies
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Authorised Representative of AFSL holder – in progress
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Call +61 8 9324 3388
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Clients
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www.hannansreward.com Tel: +61 8 9324 3388
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