Slide 1: 2016 Half-Year Results
For personal use only 2016 HALF-YEAR RESULTS For the six month period ending 31 December 2015
Slide 2: Forward looking statement
For personal use only Forward looking statement This presentation includes certain statements, estimates and projections with respect to the future performances of Resolute Mining. Such statements, estimates and projections reflect various assumptions concerning anticipated results, which assumption
Slide 3: First Half FY16 Highlights
First Half FY16 Highlights For personal use only Strong operating Improving financial Stronger balance Gold price leverage performance in 1H2016 performance sheet • Gold production ▲11% • Spot gold prices • Gross profit of A$67m • Cash & Bullion on hand to 153,191oz decreased • Revenue from gold of
Slide 4: Strong Production Performance
Strong Production Performance For personal use only 2016 1H2016 1H2015 Guidance Combined Syama Ravenswood Total Syama Ravenswood Total Gold production oz 315,000 94,729 58,462 153,191 86,965 50,598 137,563 Gold sales oz 340,000 100,150 58,390 158,540 93,900 54,711 150,546 Gold price received A$/oz 1
Slide 5: Impressive return to Profitability
Impressive return to Profitability For personal use only 1H2016 1H2015 • Revenue from gold A$’000 A$’000 sales for the 1H2016 period ▲ 19% Revenue 248,592 208,599 • Average cash price received Costs of production (144,358) (133,854) on 158,540 ounces of gold sold Depreciation & amortisation (21,004)
Slide 6: Improving Financial Metrics
Improving Financial Metrics For personal use only ½ Yearly Gross Profit Gold Price Per Ounce $80 1,800 $70 1,700 1,600 $60 1,500 $50 1,400 1,300 A$M $40 1,200 $30 1,100 1,000 $20 $10 $0 Dec-13 Jun-14 Dec-14 Jun-15 Dec-15 USD AUD Debt Net of Cash/Bullion $ RSG Share Price 0 1.00 Dec-13 Jun-14 Dec-14
Slide 7: Strong Production Performance
Strong Production Performance For personal use only A#039;m 1H2016 Cash Flows Quarterly Cash & Bullion 140 $80 120 $70 100 $60 80 A$M $50 60 $40 $30 40 $20 20 $10 0 $0 Cash & Bullion Syama Net Ravenswood Net Debt Exploration Development & Bibiani Care & Cash & Bullion Opening Operating Operating (Repay
Slide 8: Cashing up for Development
Cashing up for Development Pipeline For personal use only • Cash & market value of bullion on hand 1H2016 1H2015 at 31 December 2015 increased to A$’000 A$’000 A$75m (June 2015: A$54m) • Cash: A$33m Net cash flows from operating activities 70,487 19,952 • Bullion on hand: A$42m Net cash used in inve
Slide 9: PRIORITY: Safety, Health, Security
PRIORITY: Safety, Health, Security For personal use only Group Safety Performance • Sustained Focus driving sustained improvement • Commitment to training key component Syama - Malaria control success • Comprehensive community education, hygiene, behavioural, and diagnostic programs • Reduction in c
Slide 10: Transformation has started
Transformation has started: For personal use only • Strengthening the balance sheet • Developing long mine life opportunities at our existing projects • Reducing operating costs • Driving a new performance based culture • Diversifying our production base • Providing shareholder returns • Investing i
Slide 11: Outlook
Outlook For personal use only The Company’s production guidance for FY2016 is maintained at 315,000 ounces at an average Cash Cost of A$990 (US$725) per ounce and an All-In-Sustaining Cost of A$1,280 (US$940) per ounce. Development activity in the coming quarter will be focused on: Syama Under
Slide 12: Why Invest in Resolute?
Why Invest in Resolute? For personal use only • Massive Reserve & Resource inventory • Operational expertise earned through 25+ years experience • Improving profitability • Cultural and performance Transformation underway • Undervalued based on key metrics • Organic growth opportunities: • Syama Und
Slide 13: For personal use only
For personal use only Resolute has the operational expertise and the ambition to turn potential into real value for shareholders and communities.
Slide 14: For personal use only
For personal use only ASX:RSG | www.rml.com.au