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TRANSCRIPT
LASO-LIBSIntroduction for Investors
The problemDri l l cores are the most important source of
information for geologists in ore exploration.
Geologists “log” the dri l l cores mostly manually
and by eye. Based on logging, samples of the
dri l l cores are sent for laboratory analysis and
it takes 2-4 weeks to get results. In a
meanwhile you must continue dri l l ing
bl indfolded.
Our approach
We augment geologists with a
superpower: laser vision. With instant
and on-site analysis and visualization
geologists can dynamically adjust the
exploration project or mining
operations.
Value proposition
Augmented geologists can make more
informed decisions based on data leading
to increased selectivity in geochemical
analysis and exploration dri l l ing. They also
have fewer routine tasks.
This can result in an 11% cost saving on
an ore exploration project.
Alternatively put this provides explorers
with additional funds to dri l l the next hole
which could result in that elusive f ind .
Market size
Concentrations and size of the metal ore
bodies are especial ly cr it ical in metal ore
exploration and in operative metal mines.
That’s why they are in our primary focus.
According to the data and our calculations
they produce 40 mil l ion meters of dri l l cores
per year. This means the potential market
for on-site analysis services is 0.5-1 B$ .
D a t a s o u r c e s : G l o b a l M i n i n g S t a t i s t i c s 2 0 2 0 , S t a t i s t a ; T u k e s 2 0 1 7 ;
W o r l d M i n i n g D a t a , 2 0 2 0
Business model
Primary business model wi l l be an on-site
analysis service: A cl ient purchases a LASO-
LIBS device with subsidized price, uses i t for
scanning and pays per meter for an automated
analytical service which is of fered in near real -
t ime from the cloud service operated by us.
CONFIDENTIAL
Go to market plan
CONFIDENTIAL
Conf ident ia l . Ava i lab le upon request.
Financial estimates
CONFIDENTIAL
Conf ident ia l . Ava i lab le upon request.
Founders
Founders ’ prof i les ava i lab le upon request.
Thank you!
For more information, please
contact:
Antti Kotanen
+358 50 581 6319