Rum Jungle Resources Limited Presentation Microcap Investor Conference Oct 2014
22.10.2014 | ABN Newswire
Perth, Australia (ABN Newswire) - Rum Jungle Resources Ltd.'s (ASX:RUM) strategic intent is to create shareholder value from phosphate and potash fertiliser mineral projects, located in proximity to existing transport infrastructure, primarily in the Northern Territory.- An Australian company with both phosphate and sulphate of potash resources that are both essential for efficient agriculture and critical components of the global food supply value chain. Almost all projects 100% owned by RJR (ASX:RUM)
- Strategically positioned to leverage growth in food demand, including higher value foods, the need for higher crop yields per unit of arable land and therefore growth in demand for fertilisers in Asia Pacific region, including Australia
- Ammaroo phosphate project is Australia's largest JORC rock phosphate resource and is now at a pre-feasibility level of development. Process underway to establish funding for a bankable feasibility study
- Most of the world's seaborne traded phosphate products emanate out of the Middle East and North Africa. In comparison, Australia's geopolitical stability offers opportunity for buyers to diversify and de-risk supply
- Karinga Lakes sulphate of potash project is undergoing a scoping study and may represent an opportunity for a small scale, low capital start-up operation
- Significant misalignment between the market capitalisation of the company and the potential value of the projects
- Potential to create a significant fertiliser business in the Northern Territory, enabling regional economic development and employment, underpinning support from the Territory and Federal Governments. Agriculture is a key plank in 'Developing Northern Australia' initiative
- Institutional shareholder base of over 35% with a demonstrated history of support
To view the presentation, please visit:
http://media.abnnewswire.net/media/en/docs/ASX-RUM-413553.pdf
About Rum Jungle Resources Limited:
Rum Jungle Resources Ltd. (ASX:RUM) is an Australian Securities Exchange listed, diversified junior explorer focused on highly prospective land located in Australia’s Northern Territory and Queensland.
A Northern Territory and Queensland focussed mineral explorer with a portfolio including: Uranium, Potash, Phosphate and Base Metals.
Rum Jungle Resources has strategic alliances with other major Northern Territory explorers increases exposure to additional exploration areas.
Rum Jungle Resources has experienced geological management backed up by a solid financial base to fund exploration budgets.
Contact:
Rum Jungle Resources Ltd.
T: +61-8-8942-0385
F: +61-8-8942-0318
www.rumjungleresources.com.au