
Lava Blue
Opportunity
Raising A$4M with a pre-money valuation of A$24.4M
Lava Blue is a science-led, unlisted public company, developing a High Purity Alumina project on granted mining and exploration permits in north Queensland.
Business Highlights
3 Divisions each with capacity to deliver significant returns
High Purity Alumina (>99.99%) for LEDs and Separators in Lithium Batteries:
- Owner of upstream resources and mid-stream processing IP, primary producer with value-add margins
- Core IP developed methodically over many years
- Technology licences with QLD Leading Companies, Licensee income to supplement sales revenue from second half 2024
Silicon Metal production:
- JORC- compliant upstream High Purity Quartz resource adjacent to relevant infrastructure
- Potential for mid-stream processing (smelting) to be a Silicon Metal primary producer with value-add margins
- Market for Silicon Metal expected to stay constrained
Specialty Minerals – Manganese, Cobalt, Tungsten, Other:
- Leveraging our knowledge and experience in Far North Qld has identified a range of critical mineral resources and exploration opportunities.
Clear and Resounding Advantages for Investment
- Technology-led in the right industries
- significant tailwinds, including fulfilling local content and jobs
- Generating early cash flow as foundation for the multiple avenues for significant shareholder returns
- Foundational work as unlisted company with science-partners – resource enables sustained growth strategy
- All business divisions deliver products for global energy transition and emissions reduction
- Management Team has diverse experience set to meet the challenge to maximise shareholder returns
Key Transaction Information
Financials
Offer Details
- Private round raising up to A$4M
- A$1M reserved for Strategic Investors (NDAs exchanged)
- Directors & Key Personal hold ~30%
- Lava Blue has been methodically de -risking scale -up of proprietary materials science processes. This is the last ‘fully private’ round before our HPA demonstration is operating
Offer Price
- A$24M pre -money
- A$3M sophisticated investor placement
- A$1M to Strategic Investors
Liquidity Profile
- Targeting September 2022 pre -IPO raising at substantial value up lift (A$75M -A$100M)
- Targeting 2023 ASX Listing
Use of Funds
-
- A$2M HPA pilot plant and product qualification
- A$0.5M: Silicon metal samples and refinery pre – feasibility study
- A$0.5M: Exploration program extending Four Ways poly metallic modules deposit, Lava Plains epithermal, NE Granites Tungsten, Lithium
- A$0.75M working capital