Polymetals Resources Ltd. · ASX:POL
Polymetals Resources — Polymetals Mining — Shareholder Meeting (November 2012)
14 slides from Polymetals Resources's shareholder meeting presentation, November 2012
Slide 1: Annual General Meeting November 2012
26 years delivering profitable Australian resources projects Annual General Meeting November 2012 ASX: PLY
Slide 2: Qualification & Competent Persons Statement
Qualification & Competent Persons Statement This presentation has been prepared by Polymetals Mining Limited To the maximum extent permitted by law, none of Polymetals, its (“Polymetals” or the “Company”) to provide existing and prospective related corporations or their directors, employees or a
Slide 3: 1. Chairman's Address
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Slide 4: Polymetals
Polymetals Successful public listing on ASX on 4 May 2011 Current production and cashflow Highly prospective asset portfolio Strong track record of success Sound growth potential “We intend to build Polymetals into a substantial resource company by applying our well-developed capabilities
Slide 5: 2. CEO's Report
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Slide 6: Corporate overview
Corporate overview At 7 November 2012 Item Item Value Value Share price A$0.46 Shares issued 38 million Market capitalisation A$18 million Available Cash A$11 million Debt nil Shareholder Structure Directors & staff 65.1% Retail investors 29.5% Soul Pattinson 5.4% June 2012 2012 November POLYMETALS.
Slide 7: History as an "OPERATOR" of assets
History as an “OPERATOR” of assets Financials ($M)1 FY2005 FY2006 FY2007 FY2008 FY2009 FY2010 FY2011 FY2012 Revenue 25.4 22.5 30.2 33.8 11.4 5.6 30.1 16.6 EBITDA 7.2 9.6 9.4 4.7 1.2 0.1 15.9 8.0 NPAT 2.2 5.8 6.3 2.9 1.0 (0.2) 8.4 5.7 Capital distributions2 1.1 1.1 - 4.9 2.6 0.9 5.0 - Production3 FY2
Slide 8: Financial Year 2012 Activity
Financial Year 2012 Activity Divestment of Non-core assets Boorara disposed for a pre-tax profit of $3.0M Focus on nearer term production assets Provided additional funding for enhanced near-mine exploration program Acquisition of additional 25% of White Dam Despite asset approaching end of
Slide 9: Financial Year 2012 Activity
Financial Year 2012 Activity Mt Boppy Development analysis progressed with a number of permits having been received Permitting in final stages, funding options being assessed, and analysis to prioritise capital allocation consistent with PLY strategy being concluded Exploration Activity Invest
Slide 10: Clear growth strategy
Clear growth strategy Mid 2012 Late 2012 2013 2013+ Turner River, WA Extensive exploration and assessment leading Opportunity identified and acquired late Sept 2012 to scoping study / PFS by circa QTR1 2013 Canbelego, NSW Mt Boppy assessment Mt Boppy feasibility in final stage & final approvals pend
Slide 11: Exploration drilling commenced at Turner River
Exploration drilling commenced at Turner River
Slide 12: Future Polymetals Focus
Future Polymetals Focus Strategy to successfully create a diverse portfolio of production, development and exploration assets that generate sustainable returns to shareholders Take calculated risks to establish a portfolio of assets that have greater operational longevity than previous assets wi
Slide 13: Future Polymetals Focus
Future Polymetals Focus Optimise the existing asset base to determine how to extract maximum value Capitalise on exploration capability Focus firstly on increasing the potential for near to medium-term production Generate targets that could be company makers, able to be followed up from oper
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Polymetals Mining — Shareholder Meeting (November 2012) on 6ix