Microsoft PowerPoint - RNI - April 2016 Presentation V8 - Print Version 160425.ppt [Compatibility Mode]
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Drilling for high grade copper-gold discoveries in the heart of an exciting VHMS province
Investor Presentation - April 2016
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RNI - Corporate Snapshot
Corporate Structure
Non-Executive Chairman - Miles Kennedy
► 30 years' experience in the mining and exploration sectors. Former Chairman of Sandfire Resources and Macraes Mining
Non-Executive Director - Nanette Anderson
► 20 years' corporate and project development experience. Former Managing Director of Southern Gold and Jaguar Minerals
Non-Executive Director - Simon Heggen
► 30+ years' experience in strategic planning, corporate development, M&A and corporate finance within the resources sector. Director of Metals X and formerly held senior roles with WMC, Wesfarmers and Boral
Chief Executive Officer - David Morgan
► Professional engineer with 35 years' experience in mineral exploration, project development, operational and technical management
► Richard Pugh - General Manager Exploration
► Debbie Fullarton - Chief Financial Officer
Capital Structure
Share Price 1.5 cents
Shares on Issue1,2 1,175m
Market Cap A$17.6m
1 Plus 270m unlisted options exercisable between 3c and 60c 2 Plus Convertible Notes which can convert into 26m shares 3 Approximate cash balance as at 31 March 2016
Cash ~A$2.0m
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RNI - The Value Proposition
The Location: Bryah Basin
Our Advantages
Proven and emerging VHMS province
Highly prospective for VHMS Copper and Gold
Largely underexplored for VHMS deposits
The Commodities: Copper- Gold
The Explorer: RNI
Copper - Poised for a demand / supply rebalance
Gold - Strong underlying price support
Poised for imminent exploration success
Drilling commences this week
Low market capitalisation
Dominant tenement portfolio in the Bryah Basin
Systematic, effective and VALUE adding exploration
RNI offers investors VALUE exposure to the next discovery highly prospective Bryah Basin
The VALUE:
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RNI - Corporate Comparisons
► The leverage of discovery:
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Typical VHMS
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Sandfire DeGrussa
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Sirius Nova
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Talisman Monty
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RNI
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Pre-Discovery - Share Price
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~ $0.10
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~ $0.05
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~ $0.15
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~$0.015 (Mkt Cap ~ $18M)
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Post-Discovery - Share Price
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~ $2.00
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~ $2.75
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~ $0.55
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?
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Discovery Uplift
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2000%
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5500%
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370%
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?
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Current Share Price
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~ $5.90
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$2.60*
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~ $0.42
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~ $0.015
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► Monty Deposit valued @ $200M - $300M
► Current RNI Market Cap ~ $18M
► Potential RNI Market Cap post discovery ??
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