Geodrill Limited · TSX:GEO
Geodrill — Q3 2024 Earnings Presentation
13 slides from Geodrill's earnings presentation, November 2024
Slide 1: We Are Geodrill
WE ARE GEODRILL TSX: GEO OTCQX: GEODF Investor Presentation November Investor 2024Presentation, November 2024 | 1
Slide 2: Forward Looking Statements
FORWARD LOOKING STATEMENTS This presentation contains “forward-looking information” and “financial outlook” within the meaning of applicable Canadian securities laws and may contain forward looking information attributed to third party industry sources. These statements and information are predictio
Slide 3: Hard Core Mineral Drillers
HARD CORE MINERAL DRILLERS 25 years operating in exploration drilling Uniquely Positioned Tier-1 Customers drives recurring revenue ESSENTIAL High Performance Rig Fleet bolsters TO THE MINING profitability INDUSTRY Innovative & Founder-led business aligns with investors Investor Presentation, Novemb
Slide 4: The Mineral Drilling Business
The Mineral Drilling Business Discovery In-fill Drilling Mine Drilling Drilling for Resource Modeling De-risking & Resource Expansion LIFE OF MINE $10-25M $2-5M $10-25M ANNUALLY Drilling activity Greenfield exploration Pre-feasibility study Feasibility study Mine construction Life of mine extension
Slide 5: Keep It Turning, Keep It Earning
KEEP IT TURNING KEEP IT EARNING Our Business Model 1 High-utilization of Rigs keep fleet operational and maximizing revenue 2 Long-term Contracts providing stable revenue 3 Geographical Diversification supports stability and mitigates risk 4 Fleet Expansion & Upgrades to meet growing demand 5 Financ
Slide 6: What Sets Geodrill Apart
What Sets Geodrill Apart Our Competitive Advantage HIGH PERFORMANCE RIG FLEET •Multi-purpose rig fleet attracts top tier clients •High performance rigs drive high value results STATE-OF-THE-ART FACILITY •Network of maintenance and support facilities ensures our fleet is well-maintained •Workshop man
Slide 7: Fundamentals Bolsters Demand
FUNDAMENTALS BOLSTERS DEMAND The Market Opportunity for Drilling Services is being WE INVESTED IN THE CYCLE Driven by: Revenue EBITDA Rig Count Diminishing Mineral Reserves: 160 100 • As existing mineral reserves are 138.6 95 140 depleted, mining companies are 130.5 91 90 investing more in explorati
Slide 8: 95 Rigs Across 4 Key Markets
Operational Excellence Drives Growth 95 Rigs Across 4 Key Markets Egypt Expanded market share with newly secured 5-year contract West Africa Leading market share of 40% Peru Gained broader Chile presence with additional rigs Secured new significant multi-rig multi-year contracts with Tier-1 miners $
Slide 9: Tier-1 Customers with World Class Projects
Tier -1 Customers with World Class Projects Long-Term Contracts Drives Revenue Visibility Investor Presentation, November 2024 | 9
Slide 10: Financial Performance Overview
Financial Performance Overview Revenue EBITDA Earnings Revenue EBITDA Earnings Forecast $55.0 $150.0 $140.0 $140.0 $130.0 $45.0 Actual $120.0 $109.9 $110.0 Actual $100.5 $35.0 $34.1 $100.0 Millions USD $30.3 $90.0 Millions USD YTD REV $110M $80.0 +10% Y/Y $25.0 Q3 REV $34M $70.0 +13% Y/Y EBITDA $25M
Slide 11: Growth is Key Driver to Re-Rate Potential
Growth is Key Driver to Re-Rate Potential Analysts’ consensus price target for Geodrill is C$3.58, implying a forecasted upside of ~30% GEO: Historical Valuation Trends Share Capitalization Gold $1800/oz TSX: GEO Dec 2010, Exchange/Symbol IPO OTCQX:GEODF Basic Shares 47.2M Outstanding* Gold $2600/oz
Slide 12: Why Own Geodrill
WHY OWN GEODRILL 1 Established High-quality cash-generating business that trades at discounted multiples 2 Commodity tailwind - investing in the business that IS essential to the supply chain & runway to grow 3 Strategically positioned with a portfolio of long term contracts for stable revenue platf
Slide 13: Growth, Long-Term Contracts, Discounted Valuation
GROWTH strategically positioned for upcycle LONG-TERM contracts generates recurring revenue and free cash flow DISCOUNTED VALUATION TSX: GEO.T OTCQX: GEODF 13 Investor Presentation, November 2024 | 13