Gr Engineering Services Ltd · ASX:GNG

Gr Engineering Services — Shareholder Meeting (November 2011)

20 slides from Gr Engineering Services's shareholder meeting presentation, Nov 10, 2011

1. Slide 1: AGM Company Presentation

   For personal use only AGM Company Presentation 10 November 2011 Ref: 90038 1584:P:jm

2. Slide 2: Disclaimer

   DISCLAIMER For personal use only This document has been prepared by GR Engineering Services Limited (“GR Engineering”) to provide an overview and update of GR Engineering‟s activities and 2010/2011 financial performance. Any statements, opinions, projections or other material contained in this docum

3. Slide 3: Presentation Outline

   PRESENTATION OUTLINE For personal use only  About GR Engineering  FY11 Financial Results  FY12 Outlook  Recent and Current Project Photos 3

4. Slide 4: About GR Engineering

   ABOUT GR ENGINEERING For personal use only  Australian based Engineering Design and Construction Contractor servicing the mining and minerals processing industry.  Specialising in Engineering, Procurement and Construction (EPC) contracting to provide turnkey project delivery with secure cost, time

5. Slide 5: About GR Engineering: Clients

   ABOUT GR ENGINEERING For personal use only GR Engineering’s Clients Gold Base Metals Other 5

6. Slide 6: FY11 Financial Results

   FY11 FINANCIAL RESULTS For personal use only  NPAT of $21.1 million against IPO forecast of $18.8 million.  Revenue of $142.5 million against IPO forecast of $138.3 million.  Fully franked dividend of 4 cents as per IPO forecast, payable 10 November 2011. In line with target 50% - 60% payout poli

7. Slide 7: FY11 Financial Results: Revenue and EBIT history

   FY11 FINANCIAL RESULTS For personal use only  Revenue and EBIT history. Revenue ($ Millions) Earnings Before Interest and Tax ($ Millions) 28.3 160.0 142.5 30.0 128.2 23.7 140.0 25.0 21.1 120.0 106.2 20.0 100.0 79.1 12.6 80.0 15.0 60.0 10.0 40.0 5.0 20.0 0.0 0.0 2008A 2009A 2010A 2011A 2008A 2009A

8. Slide 8: FY11 Financial Results: Revenue Analysis

   FY11 FINANCIAL RESULTS For personal use only  Revenue Analysis Revenue by Service Studies & Studies & Consulting 6% Consulting 11% 2010A 2011A Project Design Project Design & Construction & Construction 94% 89% Revenue by Commodity Nickel Nickel 15% 18% 2010A Other Gold 2011A 2% Other 64% 21% Gold

9. Slide 9: FY12 Outlook

   FY12 OUTLOOK For personal use only  Maintain robust financial performance:  Carrying forward $100M revenue into FY12.  Since won a further $55M of work resulting in $150M revenue for FY12 on basis of conversion of Conditional Letter of Intent.  Currently undertaking 25 feasibility studies of whi

10. Slide 10: FY12 Outlook

    FY12 OUTLOOK For personal use only  Continue with proven business model.  Rising costs to be recognised in study estimates and tenders.  Maintain strong OHSE performance (current LTIFR for FY11 onwards is zero).  Maintain excellent industry track record and reputation for cost efficient, timely,

11. Slide 11: Xstrata Nickel – Cosmos Plant Upgrade

    RECENT AND CURRENT PROJECT PHOTOS For personal use only Xstrata Nickel – Cosmos Plant Upgrade 11

12. Slide 12: Integra Mining – Randalls Plant Upgrade

    RECENT AND CURRENT PROJECT PHOTOS For personal use only Integra Mining – Randalls Plant Upgrade 12

13. Slide 13: First Quantum Minerals – Ravensthorpe Bagging Plant 3

    RECENT AND CURRENT PROJECT PHOTOS For personal use only First Quantum Minerals – Ravensthorpe Bagging Plant 13

14. Slide 14: Ramelius Resources – Mt Magnet Plant Refurbishment

    RECENT AND CURRENT PROJECT PHOTOS For personal use only Ramelius Resources – Mt Magnet Plant Refurbishment 14

15. Slide 15: Newcrest Mining – Telfer Flotation Upgrade

    RECENT AND CURRENT PROJECT PHOTOS For personal use only Newcrest Mining – Telfer Flotation Upgrade 15

16. Slide 16: CBH Resources – Rasp Project

    RECENT AND CURRENT PROJECT PHOTOS For personal use only CBH Resources – Rasp Project 16

17. Slide 17: CBH Resources – Rasp Project

    RECENT AND CURRENT PROJECT PHOTOS For personal use only CBH Resources – Rasp Project 17

18. Slide 18: Oz Minerals – Prominent Hill Paste Plant

    RECENT AND CURRENT PROJECT PHOTOS For personal use only Oz Minerals – Prominent Hill Paste Plant 18

19. Slide 19: Mineral Resources – Christmas Creek Desands Plant 9

    RECENT AND CURRENT PROJECT PHOTOS For personal use only Mineral Resources – Christmas Creek 1 Desands Plant 19

20. Slide 20: Raub Australian Gold Mines – Raub Plant Upgrade (Malaysia)

    RECENT AND CURRENT PROJECT PHOTOS For personal use only Raub Australian Gold Mines – Raub Plant Upgrade (Malaysia) 20

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