Aurelia Metals Limited · ASX:AMI
Aurelia Metals — Q3 2023 Earnings Presentation
15 slides from Aurelia Metals's earnings presentation, Apr 20, 2023
Slide 1: March Quarterly Update and Outlook
personal use only MARCH QUARTERLY UPDATE AND OUTLOOK 20 April 2023 ASX Code: AMI
Slide 2: Forward Looking Statements
FORWARD LOOKING personal use only STATEMENTS QUARTER UPDATE AND OUTLOOK This presentation has been prepared by Aurelia Metals Limited (“AMI” or the By its very nature, production and exploration for gold and base metals is a high “Company”). It should not be considered as an offer or invitation to s
Slide 3: Strong Results for the March Quarter
3 personal use only STRONG RESULTS FOR THE MARCH QUARTER
Slide 4: Sustainable Progression
4 MARCH FY23 QUARTER UPDATE 20 APRIL 2023 personal use only AND OUTLOOK 20 5 25 10 15 - Mar-20 May-20 Jul-20 Sep-20 Nov-20 Jan-21 Mar-21 May-21 Jul-21 Sep-21 Nov-21 Jan-22 Mar-22 (12-month moving average) May-22 Jul-22 Sep-22 Nov-22 SUSTAINABLE PROGRESSION Group Total Recordable Injury Frequency Rat
Slide 5: March Quarter Operating Results
5 MARCH QUARTER OPERATING RESULTS personal use only QUARTER UPDATE AND OUTLOOK Strong set of results with significant improvement across production and cost March Group Gold Production (koz) Group Copper Production (kt) FY23 Group Output H1 Actual Quarter Guidance1 100 3.0 Actual 80 2.5 Gold koz 44.
Slide 6: Performance Improvement | Peak
6 PERFORMANCE IMPROVEMENT | PEAK personal use only QUARTER UPDATE AND OUTLOOK Marked improvement in production and cost • Gold, zinc and lead metal production increased more than 20% above the December quarter, benefitting from higher grades in the ore feed • Peak’s AISC reduced to A$1,279/oz (DecQ:
Slide 7: Performance Improvement | Hera
7 PERFORMANCE IMPROVEMENT | HERA personal use only QUARTER UPDATE AND OUTLOOK Exceptional performance in final production quarter • Higher ore processed, gold grade and gold recovery resulted in a 43% increase in gold production QoQ • Strong mined ore delivery allowed processing to continue at full
Slide 8: Performance Improvement | Dargues
8 PERFORMANCE IMPROVEMENT | DARGUES personal use only QUARTER UPDATE AND OUTLOOK Continues to be a steady source of gold providing exposure to higher gold prices • High ore processing rates enabled increased gold production of 9.6koz (DecQ: 8.7koz) • Site operating costs reduced by 4% from the previ
Slide 9: Financial Outcomes
9 FINANCIAL OUTCOMES personal use only QUARTER UPDATE AND OUTLOOK Strong operational performance significantly improves cash balance Cash flow from Operations of A$30.2M (DecQ: A$20.1M) Cash balance at 31 March 2023 of A$39.3M (DecQ: A$23.7M) $4.1M term loan repayment and $5.1M of cash backing
Slide 10: Organisational Renewal Program Driving Value
10 personal use only ORGANISATIONAL RENEWAL PROGRAM DRIVING VALUE
Slide 11: Organisational Renewal Program
11 ORGANISATIONAL RENEWAL PROGRAM personal use only QUARTER UPDATE AND OUTLOOK HERA-FEDERATION PEAK DARGUES Complete Complete Complete New Hera mine plan implemented with Transition to owner-mining complete Regulatory approval to increase strong Mar Qtr finish New General Manager with signif
Slide 12: Federation Mine: Project Update
12 FEDERATION MINE: PROJECT UPDATE1 Federation NPV Waterfall – Spot Pricing and FX personal use only QUARTER UPDATE AND OUTLOOK Value enhanced since the 2022 Feasibility Study Optimised Mine Plan and Design • Mine plan reworked to schedule earlier stope ore • Design refinements to improve operabilit
Slide 13: Cobar Exploration
13 COBAR EXPLORATION personal use only QUARTER UPDATE AND OUTLOOK Recent results highlight the value of the tenement package Chesney East Gold Lens1 Burrabungie (Chesney South)1 Queen Bee 1 • 10m from existing underground 100m from existing underground • 10km from Peak Mine development development i
Slide 14: Contact
personal use only CONTACT T: +61 7 3180 5000 E: office@aureliametals.com.au Level 17, 144 Edward Street BRISBANE QLD 4000 GPO Box 7 BRISBANE QLD 4001 aureliametals.com
Slide 15: Aurelia Snapshot
15 AURELIA SNAPSHOT personal use only QUARTER UPDATE AND OUTLOOK Our vision is to be a mining business recognised for creating ASX: AMI exceptional value through our people and a portfolio of gold and base metals assets. Share price (19 April 2023) A$0.14 We value Integrity, Certainty, Courage and S