RRS May Investor Lunch Series - Melbourne
ASX: BDC / Shares on Issue: 1.2 billion
Market Cap: $72 million
Presenter: Robert Ryan, Chief Executive Officer
Fresh from a highly successful $12M capital raising, Bardoc Gold Limited (ASX: BDC) is well on the way to building a substantial long-term gold business in WA’s Eastern Goldfields based on the newly-consolidated 2.6Moz Bardoc Gold Project, north of Kalgoorlie. And its growth strategy is being driven by some familiar names, including recently appointed Chairman Tony Leibowitz, Directors Neil Biddle and John Young (all founding Directors of Pilbara Minerals) and Rowan Johnston. Hear from newly-appointed CEO Robert Ryan (ex Norton Goldfields) about the dynamic company’s plans to become a recognised mid-tier gold producer through a combination of exploration, acquisition and strategic consolidation.
ASX: LTR / Shares on Issue: 1.5 billion
Market Cap: $60 million
Presenter: David Richards, Managing Director
Liontown Resources has rapidly emerged as one of the most exciting new growth stories in Australia’s lithium sector, underpinned by two high-quality West Australian lithium projects. Hear from Managing Director David Richards how a maiden high-grade Mineral Resource of 21.2Mt at 1.4% lithium and 170ppm tantalum for the flagship Kathleen Valley Project laid the foundations for a highly successful Scoping Study completed earlier this year on a new 2Mtpa hard-rock lithium project. Following an $8M capital raising in February, Liontown is now in the throes of a major resource expansion drilling program at Kathleen Valley which has indicated the potential for a >50Mt Mineral Resource with a 20 year mine life. Plus hear all about the upcoming drilling program at its second major lithium discovery, the Buldania Project, as it progresses towards a maiden Mineral Resource Estimate in Q3, 2019.
ASX: SVY / Shares on Issue: 177 million
Market Cap: $46 million
Presenter: Chris Cairns, Executive Chairman
Stavely Minerals is one of only a handful of ASX-listed juniors still pursuing genuinely “game-changing” greenfields exploration projects, in this case at its Stavely Copper-Gold Project in Western Victoria. The Thursday’s Gossan prospect has all the hallmarks of an emerging Tier-1 porphyry copper-gold discovery, and Stavely has been bravely drilling +1km deep diamond holes to locate the rich core of the porphyry system. Hear from Executive Chairman Chris Cairns about the recent progress of its drilling, the significance of some of the “whopper” intercepts it has been reporting, why it believes it could be close to the prize, and also why it has recently purchased the Beaconsfield gold plant in Tasmania.
NEW WORLD COBALT
ASX: NWC / Shares on Issue: 552 million
Market Cap: $6.5 million
Presenter: Michael Haynes, Managing Director
As its name suggests, New World Cobalt has been focusing on a high-grade cobalt project in the Idaho belt, USA – one of the world’s “hot spots” for “non-DRC” cobalt exploration. While it will keep progressing these assets (despite the recent lull in cobalt prices) the well-connected US-focused junior has recently added another significant string to its bow after securing a low-cost option over the Jones Hill volcanogenic massive sulphide (VMS) deposit in New Mexico. With a historical Mineral Resource estimate, the new acquisition offers the potential both for early cash-flow and significant “belt-scale” exploration upside given that VMS deposits generally occur in clusters. Hear from New World’s Managing Director Mike Haynes about the Company’s exciting new acquisition.
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