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SCIDEV LTD AGM Information 2017

Nov 29, 2017

65761_rns_2017-11-29_23538268-b7fa-4113-89f3-f1f9e1b42639.pdf

AGM Information

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Managing Director’s Presentation Annual General Meeting – November 2017

SciDev Ltd (ASX:SDV) - November 2017

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Achievements in 2017

  • Completed oversubscribed Placement and Share Purchase Plan

  • Capital raising enabled company to acquire remaining 50% of Science Developments Pty Ltd

  • Assumed operational control of Science Developments Pty Ltd

  • OptiFlox® System permanently installed under a two-year contract at Peabody Energy mine – Adoption of SDV chemical and technology offering by Peabody Energy at Wilpinjong coal mine confirms its value to global coal producer

  • First deployment of an OptiFlox® System in the Australian dairy industry – Acceptance of SciDev chemical and technology offering by Lion Dairy & Drinks confirms its value to major dairy manufacturer

  • Conditional divestment of Zeehan Zinc Project to Tartana Resources Limited – notional transaction value of $2 million (cash & scrip)

SciDev Ltd (ASX:SDV) - November 2017

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Objectives for 2018

  • Achieve positive cashflow for Australian business

  • Speed up roll-out of OptiFlox® technology in Australia

  • Target for 2017 was 6 systems, only achieved two installations with two pending

  • Maintain focus on current customer groups & industries, but increase focus on explicit revenue benefits to customers

  • For example, in coal, undertake trial of technology in coal flotation circuit i.e. product side of plant (Ist Qtr)

  • Evaluate opportunities in mineral sands with target of trial in first half of 2018

  • US market entry via:

  • Agreement to establish manufacturing operations in US via partnership/joint venture (Ist Qtr)

  • Licencing arrangements for OptiFlox® technology with targeted manufacturer(s) of de-watering equipment with existing customer facing relationships in target industry sectors

SciDev Ltd (ASX:SDV) - November 2017

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Objectives for 2018

  • Identify appropriate partners for evaluation/trial of OptiFlox® technology in:

  • phosphate industry (Ist half); and

  • potash industry

  • Continuation of R&D activities with focus:

  • on additional industry applications of OptiFlox® technology; and

  • improvements in manufacturing processes

  • Complete divestment of Zeehan Zinc Project

SciDev Ltd (ASX:SDV) - November 2017

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Conditional Divestment of Zeehan Zinc Project

  • Conditional divestment of Zeehan Zinc Project to Tartana Resources Limited (Tartana)

  • Tartana is a public unlisted Australian base metal explorer and developer

  • Divestment subject to:

  • SDV shareholder approval at AGM;

  • Tartana completing a minimum level of capital raising; and

  • Various regulatory approvals.

  • Transaction terms:

  • SDV to hold 37.5%* position in Tartana;

  • 15 million shares at notional issue price of $0.10 ($1.5m); and

  • $0.5m cash payment in two tranches over the next 4-6 months.

  • Maintains optionality of commercialisation routes for Zeehan Zinc project while defraying risks and costs of developing asset further

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Zeehan Zinc Project, Tasmania

  • Prior to any further share issue and/or IPO by Tartana Resources Limited

SciDev Ltd (ASX:SDV) - November 2017

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Conditional Divestment of Zeehan Zinc Project

  • Successful divestment gains exposure to Tartana’s project portfolio including the recently acquired Tartana Base Metal Project

  • Advanced stage Tartana Base Metal Project is located 40 km NW of Chillagoe, North Queensland, comprises:

  • four granted mining leases;

  • a plant suitable for treating oxide Cu ores/residues - established offices, workshop & accommodation;

  • several copper prospects; and

  • a zinc prospect *

  • Tartana Base Metal Project adjoins Auctus Minerals’ King Vol Zinc Project, currently being developed with funding from Denham Capital

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Tartana Base Metal Project, North Queensland

  • Refer ASX announcement 25 October 2017

SciDev Ltd (ASX:SDV) - November 2017

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Corporate Snapshot

Corporate Overview
ASX Code SDV
Cash (as at 31 Oct 2017)* ~517,000
Market Cap (at $0.011 per share) ~$5.4m
52 week high $0.025
52 week low $0.01
Shares on issue 494.8m
Options on issue** 34.5m
  • $0.5 million pending conditional divestment of Zeehan Zinc Project **Exercisable at $0.025, expiry on 28/11/19
Board & Management
Non-Executive Chairman Trevor Jones
Managing Director Kieran Rodgers
Non-Executive Director Don Cronin
Company Secretary Heath Roberts
Technical Advisor Paul Pembroke
Board & Management No. of %
shareholdings shares
Kieran Rodgers 23.5m 4.8%
Paul Pembroke 20.0m 4.1%
Trevor Jones & Don Cronin 10.4m 2.1%
Total 53.9m 11%

SciDev Ltd (ASX:SDV) - November 2017

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Contact

Managing Director – Kieran Rodgers

[email protected] +61 (0) 438 675 510

Suite 105

48 Atchison Street St Leonards NSW 2065 Australia

www.scidev.com.au

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SciDev Ltd (ASX:SDV) - November 2017

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Disclaimer

Important Information

This presentation has been prepared by SciDev Ltd (SciDev) based on information available to it as at the date of this presentation. The information is provided in summary form and does not contain all information necessary to make an investment decision. Hence, no representation is made as to the accuracy, completeness or reliability of the information. In addition, neither SciDev nor any of its subsidiaries, directors, employees, shareholders nor any other person shall have liability whatsoever to any person for any loss, including without limitation from any fault or negligence arising from this presentation or any information supplied in connection with it.

This presentation may contain forward-looking statements and projections. These reflect SciDev’s current expectations, based on what it believes to be reasonable assumptions. SciDev gives no warranty or representation as to its future financial performance or any future matter. Except as required by law or ASX listing rules, SciDev is not obliged to update this presentation after its release, even if matters change materially. This presentation does not constitute financial advice. Further, this presentation is not and should not be construed as an offer to sell or a solicitation of an offer to buy Intec securities and may not be relied upon in connection with any purchase of SciDev securities.

SciDev Ltd (ASX:SDV) - November 2017

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