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Materi Pubex 2018€¦ · About PT Cakra Mineral Tbk Iron OreAsset “PT Persada Indo Tambang”...
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December 2018 PUBLIC EXPOSE
Transcript of Materi Pubex 2018€¦ · About PT Cakra Mineral Tbk Iron OreAsset “PT Persada Indo Tambang”...
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December 2018
PUBLIC EXPOSE
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Index
About PT Cakra Mineral Tbk
Cakra Mineral Projects
Cakra Mineral Structure
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2
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Financial Performance4
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About PT Cakra Mineral Tbk
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About PT Cakra Mineral Tbk
Iron Ore Asset “PT Persada Indo Tambang”
Diverse Line of Business
Collaborating with ZheJiang Jinfeng to build Ferronickel Smelter
Has Integrated Mining Business Segments Ranging from Exploration, Mining, Processing to Marketing
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Milestones
2016CKRA has conducted due diligence on several tenements and there is possibility on
acquiring Assets
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2 April 2012
2 June 2012 The Company acquired an Iron Ore tenement PT Persada Indo Tambang
January 2014 Indonesia government has banned on Raw Material Export
Joint Venture with ZheJiang Jinfeng on Nickel Smelter Factory
The Company acquired an iron ore tenement PT. Persada Indo Tambang
Redstone Resources acquired Cakra Mineral with 80.89% total Shares
Q3 2015
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Portfolio
Cakra Smelter Ferronickel Located in Southeast Sulawesi Indonesia
PROCESSING
Added Value
Added value to raw mineral resources
Cakra Mineral Tbk Located in Central Jakarta Indonesia
INVESTMENT
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Cakra Mineral Projects
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Cakra Mineral Projects
Zircon & Titanium
Ferro-nickel Smelter
Coking Coal
Iron Ore
Iron Ore
Persada Indo Tambang
Persada Indo Tambang
Iron Ore Mining
88%
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Persada Indo Tambang Overview
Iron Ore TenementTotal Resource of Iron Ore is around 4 million tones
Located in Sungai Kunyit, Padang, South Sumatra Province, Indonesia
Total Resource of Iron Ore is around 4 million tones
Total Capacity Production of 8000 MT / month
Ferro-nickel Smelter
Ferronickel Smelter Plan
Joint Venture
Zhejiang Jinfeng(China)
50.1%
Total Investment:
Production Capacity:
Ferronickel Grade:
Input vs Output:
± USD 68 Million
48,000 MT
8 – 12% of Ni content
12 : 1
Offtake Agreement with PT Jagad Rayatama for laterite nickel feedstock.Output Price:
Power Supply:USD 2,160 @LME USD 18,000
5-10 MW
The Net Present Value of the project is at USD 379 million
The Project IRR (10 year) is at 16.87%
Net Profit Margin at 15.45%EBITDA generated (full year) is at USD 18.2 million
Payback period is at 3,5 years without 1 year constructionperiod.
49.9%
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Coking Coal
Twinpine Management Ltd.
Tambang Benua Alam Raya Overview
Located in Murung Raya Regency, Central Kalimantan Province, Indonesia
Adjacent to BHP Biliton’s Juloi tenement, straddling the Barito River
High quality metallurgical coal project in Indonesia
±250 million Mt Measured, Indicated & Inferred Resource
Low ash, low sulphur, and high calorific value
Low operating cost & capital investment required (Infrastructure for ship loading already in placed)
Domestic Coking Coal demand is guaranteed, because Posco and Wisco’s major steel mills in Java need minimum of 20% coal come from Indonesia
Tambang Benua
Alam Raya
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Persada Indo Tambang Cakra Smelter FerronickelWest Sumatera Southeast Sulawesi
Current CKRA Structure
Persada IndoTambang
Cakra SmelterFerronickel
Working Interest
88% WorkingInterest
50,1%
Status Operation &Production
Status UnderConstruction
Resources ± 5 million tons Production CapacityAnnually
± 42,000 tones
Area 2,936 hectares Area 30 hectares
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Cakra Mineral Structure
Cakra Mineral “end game”
Holding Company
Takaras Inti
Lestari
Iron OreTwinpine Management
Ltd.
25% 88% 50.1%
Smelter
100%
Persada Indo
Tambang
Cakra Smelter
Ferronickel
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TBAR PersadaIndo
Tambang
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Financial Performance
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Description (in millions of Rupiah) Sep‐17 Sep‐18 %Change
Sales 44,326 0 ‐100.00%Cost of Goods Sold 50,071 0 ‐100.00%Profit (Loss) ‐28,707 ‐4,303 ‐85.01%Net Profit (Loss) ‐28,122 ‐4,309 ‐84.68%EBITDA ‐21,514 ‐4,253 ‐80.23%Total Assets 882,676 568,960 ‐35.54%Cash and Cash Equivalents 592 384 ‐35.14%Total Liabilities with Interest 26,551 18,924 ‐28.73%Equity 856,125 550,036 ‐35.75%Debt to Equity Ratio 3.10 3.44 10.94%
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