Ferrum Crescent Limited
Value Focused, Restructured
September 2016
AIM/ASX/JSE (FCR)
Disclaimer
This publication has been prepared by Ferrum Crescent Limited ('FCR', 'Ferrum' or 'the Company', ASX, AIM and JSE Code: FCR). It should not be considered as an offer or invitation to subscribe for or purchase any securities in the Company, or as an inducement to make an offer or invitation with respect to those securities. No agreement to subscribe for securities in the Company will be entered into on the basis of this document. This publication may contain forecasts and forward-looking information. Such forecasts, projections and information are not a guarantee of future performance, and involve unknown risks and uncertainties. Actual results and developments will almost certainly differ materially from those expressed or implied. A number of risks, both specific to FCR and of a general nature, may affect the future operating and financial performance of FCR and the value of any investment in it, including, but not limited to, economic conditions, stock market fluctuations, demand for iron and price movements for same, timing of access to infrastructure, timing of environmental approvals, regulatory risks, operational risks, reliance on key personnel, reserve and resource estimations, legislation in the Republic of South Africa ('the RSA'), Australia and other jurisdictions, foreign currency fluctuations, and mining development, construction and commissioning risk. You should not act or refrain from acting in reliance on this presentation material. This overview of FCR does not purport to be all-inclusive or to contain all the information that its recipients may require in order to make an informed assessment of FCR prospects. You should conduct your own investigation and perform your own analysis in order to satisfy yourself as to the accuracy and completeness of the information, statements and opinions contained in this presentation before making any decision with respect to FCR.
Competent person's statement
The information that relates to Exploration Results and Mineral Resources in this presentation, is based on information compiled by Stewart Nupen, who is registered with the South African Council for Natural Scientific Professionals (Reg. No. 400174/07) and is a member of the Geological Society of South Africa. Mr Nupen is employed by The Mineral Corporation, which provides technical advisory services to the mining and minerals industry. Mr Nupen has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity which he is undertaking to qualify as a Competent Person as defined in the 2012 Edition of the 'Australasian Code for Reporting Exploration Results, Mineral Resources and Ore Reserves' and as defined in the June 2009 Edition of the AIM Note for Mining and Oil and Gas Companies. Mr Nupen consents to the inclusion in this presentation of the matters based on his information in the form and context in which it appears.
Restructured management
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Low cost opportunity (Zinc)
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Targeting new JORC resources
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Significant value before drilling
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Viable mine plan
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Established mining region, low political risk
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Right skills, right place for our assets, our advisers and most of our investors
Value creation with limited dilution
Key changes in 2016
Executive Chairman - Justin Tooth (UK), 20 years in equity markets and mining
Non-exec Director - Evan Kirby (Aus), 30 years in metallurgy, project development and design
Corporate team - Streamlined globally with UK operational oversight
Merlin Marr-Johnson (UK consultant)
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Geologist
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Extensive Hispanic experience
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Resources finance professional
Option to acquire Toral & Lago zinc projects, Spain
Moonlight iron ore project, South Africa
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PFS complete; BFS starting soon,
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Farm-out underway, new partnerships