Pt Merdeka Copper Gold Tbk · IDX:MDKA
Pt Merdeka Copper Gold Tbk — FY2023 Earnings Presentation
9 slides from Pt Merdeka Copper Gold Tbk's earnings presentation, Mar 28, 2024
Slide 1: FY2023 Financial Results Presentation
FY2023 Financial Results Presentation 28th March 2024 IDX: MDKA I www.merdekacoppergold.com
Slide 2: Disclaimer
Disclaimer This presentation has been prepared by PT Merdeka Copper Gold Tbk (“Merdeka” or “MDKA”) and its subsidiaries and consists of written materials/slides for a presentation concerning Merdeka. By reviewing/attending this presentation, you agree to be bound by the following considerations: No
Slide 3: FY2023 Highlights
FY2023 Highlights Consolidated revenue and EBITDA of US$1.7 billion (+96.2% YoY) and US$242 million (+2.6% YoY), respectively, primarily driven by a strong gold performance and recognising a full year of nickel operations. MBMA's revenue surged to US$1.3 billion (+192% YoY), with EBITDA of US$98 mil
Slide 4: Financial Highlights
Financial Highlights In US$ million FY2023 FY2022 Commentary Profit & Loss • A significant increase in revenue of US$837 million is Consolidated revenue 1,707 870 attributable to reflecting a full year of nickel operations Cost of revenue (1,561) (705) • The increase in cost of revenue is reflective
Slide 5: Revenue Contribution
Revenue Contribution Revenue (US$ million) Commentary Revenue increase is attributable to: Gold & Silver Copper HGNM NPI Limonite • A full year of contribution from the nickel operations 1.707 including o Additional revenue of US$335 million from ZHN o Additional revenue of US$439 million from the 8
Slide 6: EBITDA Contribution
EBITDA Contribution EBITDA (US$ million) Commentary Gold & Silver Copper HGNM Nickel 1 Others • EBITDA of US$242 million represents a 2.6% increase from FY2022 • The higher operating EBITDA in FY2023 is attributable to US$98 million nickel contribution from 235 242 MBMA, offset by lower gold and cop
Slide 7: Project Developments
Project Developments Pani Gold Project • Pani FS confirms attractive Haul Road & FPP • Haul road upgrade completed in economics for a large scale, long- August 2023, enabling MBMA to life and low-cost gold mining commence delivery of saprolite operation ore to its RKEF smelters at IMIP. • Merdeka in
Slide 8: Summary and 2024 Guidance
Summary and 2024 Guidance 2024 gold and copper production guidance of 100,000 – 120,000 ounces at a total cash cost of US$900 to 1,050/oz and 14,000 to 16,000 tonnes at a total cash cost of US$3.25 to 4.00/lb, respectively 2024 NPI and nickel matte production guidance of 85,000 to 92,000 tonnes at a
Slide 9: Click to edit Master text styles
Click to edit Master text styles For more information, please contact or visit investor.relations@merdekacoppergold.com www.merdekacoppergold.com 9
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