Kingsgate Consolidated Limited · ASX:KCN

Kingsgate Consolidated — FY2007 Earnings Presentation

11 slides from Kingsgate Consolidated's earnings presentation, Aug 28, 2007

  1. Slide 1: Financials Summary Full Year 2007

    For personal use only Consolidated Limited Financials Summary Full Year 2007 28 August 2007

  2. Slide 2: Disclaimer

    For personal use only Disclaimer Forward Looking Statements: These materials include forward looking statements. Forward looking statements inherently involve subjective judgment & analysis & are subject to significant uncertainties, risks & contingencies, many of which are outside the control of, &

  3. Slide 3: Revenue & Profit

    For personal use only Revenue & Profit Down substantially due to: Profit: ($12.6m) • Low grades (1.2g/t) • Lower production Revenue: $52.6m • Delivery into hedges Slightly higher costs $9.4m profit – Goldstar sale Other Charges ($3.8m) exploration expense $3.1m prev. tax loss benefit Cost of Sales i

  4. Slide 4: P&L / Income Statement

    P&L / Income Statement 2006 - 07 2005 - 06 For personal use only Revenue + Other Income (A$m) 52.6 + 9.9 74.1 Direct Costs (A$m) (A$m) (48.8) (40.3) Employee Benefits (A$m) (8.2) (8.1) D & A (A$m) (8.4) (7.8) Finance Cost (A$m) (A$m) (2.6) (0.9) Exploration Expensed (A$m) (3.8) (2.9) Forex & Invento

  5. Slide 5: Operations: Financial Impact

    For personal use only Operations: Financial Impact Past Year With Leases Low grade; half prev year Increased feed grade Only 2 tight pits More open pits; increased Used low grade stockpiles flexibility to blend ore High mill throughput High mill throughput & recoveries maintained Constant 90% Recove

  6. Slide 6: Chatree Cash Costs/t - Stable

    Chatree Cash Costs/t - Stable Chatree Total Costs US$/t = Mining, Milling, Admin, Credits Percentage Change 3 yrs For personal use only 75% Oil price 60% Thai Baht vs USD 26% 30% 14% Chatree Cash Costs US$/t 0 Cash Costs US$/t Chatree Cash Chatree Cash Costs Costs US$/t US$/t 15 Range: Peer* Range:

  7. Slide 7: Trigger to Growth - Leases

    For personal use only Trigger to Growth - Leases Trigger: Chatree North Mine Lease Approval ƒ Environmental Approval GRANTED ƒ Provincial Mining Approvals COMPLETE ƒ Provincial Forestry Land Access COMPLETE ƒ Process moving to Bangkok & nearing completion ƒ Final Approval expected soon

  8. Slide 8: Approval Process – Trailblazing!

    For personal use only Approval Process – Trailblazing! Previous Pending Initial Applicatn Discussion (2004) Provincial approval – Dept Interior Geology Report (2005) National approval –Mines Dept, Mine Plan approved (Jan 06) Forestry, Industry EIA applicatn discussion (2005-06) Minister of Industry

  9. Slide 9: Mining Areas FY08

    Mining Areas FY08 Prior to Chatree Nth Leases: For personal use only ƒ Mining H West & H Cutback, plus minor feed: A, D pits H Cutback H Cutback With Chatree Nth Leases: ƒ Mining A Pit (Nth & Sth) & K East ƒ Mining soon after approval H West H West H Cutback H Cutback Focus within Focus within curre

  10. Slide 10: Mining Areas FY08

    Mining Areas FY08 Q Pits Q Pits Mining Chatree Mining North Mining Lease w leases w leases Applications For personal use only A Pit A Pit K East K East H Cutback H Cutback H West H West D Pit D Pit C-H Pit C-H Pit Focus within Focus within current leases current leases

  11. Slide 11: Going Forward

    For personal use only Going Forward Clean company & clean books: ƒ Unhedged ƒ Expensed all exploration ex-Thailand ƒ Assets “available for sale” = 3x debt position ƒ Costs per tonne low ƒ With higher grades come low costs per ounce Forecast: ƒ 110-120koz* FY08 * dependent on lease grant timing ƒ Wit

Kingsgate Consolidated — FY2007 Earnings Presentation on 6ix