Petra Diamonds Limited · LSE:PDL
Petra Diamonds — H1 FY2012 Earnings Presentation
13 slides from Petra Diamonds's earnings presentation, Feb 1, 2012
Slide 1: Trading Update (6 Months to 31 December 2011)
Trading Update (6 Months to 31 December 2011) 1 February 2012
Slide 2: Important Notice
Important Notice These Presentation Materials do not constitute or form part of any invitation, offer for sale or subscription or any solicitation for any offer to buy or subscribe for any securities in the Company nor shall they or any part of them form the basis of or be relied upon in any manner
Slide 3: Highlights – Production
Highlights – Production • Production up 64% to 953,553 carats (H1 FY 2011: 582,102 carats) • Production growth mainly due to acquisition of Finsch on 14 September 2011 • Further production increase expected for H2 FY 2012 due to: • full 6 months contribution from Finsch • two additional ROM treatmen
Slide 4: Highlights – Sales
Highlights – Sales • Revenue up 13% to US$101.4 million (H1 FY 2011: US$90.0 million) • Revenue growth affected by weaker prices during H1 • Carats sold up 16% to 678,772 carats (H1 FY 2011: 584,234 carats) • Comparable sales volumes in H1 FY 2011 inflated due to higher than usual inventory levels •
Slide 5: Highlights – Corporate
Highlights – Corporate • Step-up from AIM to the Main Market of the London Stock Exchange – December 2011 • Petra expected to enter the FTSE 250 index in March 2012 • Appointment of Dr Patrick Bartlett and Gordon Hamilton as independent Non-Executive Directors • Completion of Finsch acquisition for
Slide 6: Diamond Prices
Diamond Prices Petra Average Diamond Prices* • Global economic uncertainty caused prices to fall from June 2011 highs Mine H1 FY 2012 Original FY 2011 FY 2010 • Petra announced on 15 Dec 11 that weaker prices guidance FY resulted in gross revenues being ca. US$23m lower Actual Actual Actual 2012 tha
Slide 7: Cullinan
Cullinan Unit Half Year ended Half Year ended Half Year ended 31 December 2011 30 June 2011 31 December 2010 ROM Production Tonnes treated Tonnes 1,225,117 1,136,345 1,187,058 Diamonds produced Carats 426,757 411,204 439,989 Grade Cpht 34.8 36.2 37.1 Tailings Production Tonnes treated Tonnes 370,344
Slide 8: Finsch
Finsch Unit Half Year ended Half Year ended Half Year ended 31 December 2011 30 June 2011¹ 31 December 2010¹ ROM Production Tonnes treated Tonnes 790,715 n/a n/a Diamonds produced Carats 305,215 n/a n/a Grade Cpht 38.6 n/a n/a Tailings Production Tonnes treated Tonnes 642,090 n/a n/a Diamonds produc
Slide 9: Koffiefontein
Koffiefontein Unit Half Year ended Half Year ended Half Year ended 31 December 2011 30 June 2011 31 December 2010 ROM Production Tonnes treated Tonnes 285,466 249,136 463,852 Diamonds produced Carats 14,364 7,749 27,390 Grade Cpht 5.1 3.1 5.9 Tailings Production Tonnes treated Tonnes 474,124 336,553
Slide 10: Kimberley Underground
Kimberley Underground Unit Half Year ended Half Year ended Half Year ended 31 December 2011 31 June 2011 31 December 2010 Total Production (all ROM) Tonnes treated Tonnes 287,187 267,128 176,527 Diamonds produced Carats 34,751 32,414 24,988 Grade Cpht 12.1 12.1 14.2 Sales Revenue US$M 8.1 13.3 4.9 D
Slide 11: Williamson
Williamson Unit Half Year ended Half Year ended Half Year ended 31 December 2011 30 June 2010 31 December 2010 ROM Production Tonnes treated Tonnes n/a n/a n/a Diamonds produced Carats n/a n/a n/a Grade Cpht n/a n/a n/a Alluvial Production Tonnes treated Tonnes 59,774 276,041 254,648 Diamonds produc
Slide 12: Conclusion & Outlook
Conclusion & Outlook Operations • Successful Finsch integration – expected to deliver over 1 million carats for FY 2012 • Petra on track to reach its production target for FY 2012 of over 2 million carats • On target to reach over 5 million carats by FY 2019 Outlook • Premium listing on Main Market
Slide 13: Petra Diamonds contact details
Petra Diamonds Cathy Malins cathym@petradiamonds.com +44 20 7318 0452 www.petradiamonds.com