Shareholder Presentation - Alcyone Resources

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USE OF FUNDSUse of Funds $MRedeem Convertible Notes $2.3Repay Promissory Notes/Bridging Facility $1.8Payout Creditors $3.5Plant and equipment upgrades $3.0Working Capital / Costs $3.4Total Required $14.0FUNDING SOURCES $MSilver Prepay Facility $10.0Entitlements Offer $4.0 – $14.6Total to be Secured $14.0 – $24.6Funds raised over the $14M minimum will be used to further reduce debt, enable a review of the company's exploration program andstrengthen the company’s working capital position.Slide: 6
REDUCING COSTSCrushing CircuitITEM UPGRADE EST. IMPLEMENTATION COST FINANCIAL BENEFITStage One – Upgradeprimary crushing circuitInstall an additional cone crusher which willact as tertiary crusher and surge bin tocontrol product flow. This will provide anincrease in tonnages by reducing thereduction ratio from 7:1 to 3:1. Theadditional crusher has already beenpurchased$80KFirst stage of an overall increase from700,000 tonnes to 1.1M tonne p/aStage Two – Fines BypassProjectRemoves or scalps the sub 4mm particlefrom the Quad Rolls crusher feed.The result of this upgrade will be a 30% –35% increase in capacity to achieve thetargeted1.14 m tpa, representing aconservative 95% of nameplate capacity$100KWill deliver cost savings for reagents andmanganese usage in the second half ofthe circuit.Construction of a newpower lineWill provide the operation with access togrid power. Approved by all relevant Stateregulatory bodies Will reduce power costsfrom 0.39c per kW/hr to 0.18c per kW/hr$1M Monthly ongoing cost saving of $100kMining EquipmentPurchase key mining equipment currentlyhired.$1MReduction in overheads of 125K permonthConstruction of a cyanidemixing facilityEnables Company to directly purchasecyanide from Asia.Will reduce costs per tonne from $4,900 toan average of $3,200 - $3,800 per tonne.$800KCost saving of over 100K per month or$1.2M per yearEXPECTED NET IMPACT ON ALL IN CASH COST OF PRODUCTION : $2 – $3 PER OUNCESlide: 7
Page 1 and 2: INVESTOR PRESENTATION - MAY 2013ASX
Page 3 and 4: CURRENT SITUATIONALCYONE (ASX:AYN)
Page 5: ENTITLEMENT OFFER3 for 2 non renoun
Page 9 and 10: INDICATIVE TIMELINEEVENT 2013Announ
Page 11 and 12: NEXT STEPSComplete Capital Raising
Page 13 and 14: CONTACTASX Code: AYNPaul D’Sylva
Page 15 and 16: COMPETENT PERSONS STATEMENTThe info
Page 17 and 18: PRO FORMA BALANCE SHEETConsolidated
Page 19: INCENTIVE PLANSIncentive Shares for

Shareholder Presentation - Alcyone Resources

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