Slide 1: Faster, more accurate gold analysis
For personal use only Faster, more accurate gold analysis Q2 FY25 - Quarterly Investor Update 22 January 2025 Dirk Treasure, Managing Director and CEO Brett Coventry, CFO
Slide 2: Important notice
Important notice For personal use only The material in this presentation has been prepared by Chrysos Corporation Limited (ASX: C79) (“Chrysos” or the “Group") and is general background information about Chrysos’ current activities as at the date of this presentation. The information is given in sum
Slide 3: Financial & operating highlights
Financial & operating highlights Q2 FY25 Unaudited Revenue of $15.3m, reflecting 53% growth YoY For personal use only $15.3m 1.6m Unaudited Revenue Samples Processed • International (non-APAC) revenue continues above 50% of Unaudited Revenue • +53% growth YoY • +42% EMEA revenue growth YoY, +305% Am
Slide 4: Executing on our global PhotonAssay roll out
Executing on our global PhotonAssayTM roll out Strengthening relationships with Barrick and SGS For personal use only 34 Units Deployed ▪ Two new lease agreements signed: ▪ OceanaGold Corporation for a mine-based unit in New Zealand ▪ Leading laboratory business, SGS, in Kalgoorlie (its second in th
Slide 5: Diversifying regional revenues
Diversifying regional revenues Continued global adoption For personal use only Unaudited Revenue by Region $18,000 53% ■ Unaudited Revenue of $15.3m reflects an increase of 12% QoQ and $16,000 53% YoY driven primarily by international revenue and sample volume growth $14,000 Revenue per Region $12,0
Slide 6: Differentiated lease & operating models
Differentiated lease & operating models Best-fit approach broadens operational flexibility and applicability For personal use only Unit Leased by Laboratory to Service Unit Leased by Laboratory to Service Unit Leased by Miner & Unit Leased & Operated by Miner Multiple Mining Customers a Specific Min
Slide 7: Embedded value delivers market opportunities
Embedded value delivers market opportunities PhotonAssay’s multiple touchpoints position Chrysos for sustained growth For personal use only The value offering… PhotonAssayTM is embedded in the mining value chain PhotonAssayTM Value Add ■ Each year global miners are Exploration Fast turnaround for mi
Slide 8: Market reach extends across key miners
Market reach extends across key miners Ongoing adoption by global miners drives quarterly volume growth For personal use only Top 15 Gold Producing Companies (2023) Quarterly Samples Processed Actively using PhotonAssayTM 1,800,000 Testwork and other engagement Future potential 1,600,000 1,400,000 N
Slide 9: FY25 Guidance
FY25 Guidance Forecastable revenue model For personal use only FY25 Guidance1: Chrysos is on track to achieve FY25 Revenue & EBITDA Guidance ■ FY25 Revenue range of $60m to $70m ■ FY25 EBITDA range of $9m to $19m 1. Constant currency assumptions (AUD:USD 0.665, AUD:CAD 0.907, AUD:GBP 0.522, AUD:NZD
Slide 10: Summary
Summary Chrysos is well positioned for sustainable growth For personal use only ■ Continued top line growth in Q2 FY25, driven by increasing sample volumes ■ Two new PhotonAssayTM contracts signed and three new units deployed ■ Deepening relationship with one of the world’s leading laboratories, SGS
Slide 11: About Chrysos
For personal use only About Chrysos [Insert]
Slide 12: Chrysos – revolutionising the global mining industry
Chrysos – revolutionising the global mining industry Chrysos is a global provider of novel assay services through its proprietary PhotonAssayTM technology For personal use only Samples Processed (Half Yearly) Disruptive Minerals Analysis Service and Lease Model with 14,000 Technology Tier 1 Counterp
Slide 13: The Chrysos Vision
The Chrysos Vision To become the world’s leading provider of innovative assay services and technologies For personal use only Total Addressable Market (TAM) ▪ Convert gold mining projects in all key mining 700 hubs to PhotonAssayTM 610 Units 600 ▪ Focus on improved customer outcomes to drive sample
Slide 14: Our commercialisation journey
Our commercialisation journey The outcome of 20+ years of research and development For personal use only International Prototype Complete JORC and NI43-101 New Customer deployment continues 1st PhotonAssayTM Max unit Companies cite PhotonAssayTM Announcements Established Canadian & data in market an
Slide 15: PhotonAssay technology
PhotonAssayTM technology Efficient, effective and environmentally-friendly minerals analysis For personal use only Step 1 Step 2 Step 3 The crushed sample Automated high-energy X-ray Automated reporting. (2-3 mm) is loaded into analysis, activates and detects gold atoms. jars and scanned into Sample
Slide 16: Safe & sustainable analysis
Safe & sustainable analysis Meaningful OH&S and environmental benefits For personal use only As of 31 December 2024, Chrysos PhotonAssayTM has achieved: PhotonAssayTM provides improved OH&S through the elimination of hazardous chemicals, lead exposure, and the ultra-high temperatures used in convent
Slide 17: PhotonAssay growth potential
PhotonAssayTM growth potential Unlocking further market opportunities For personal use only Near Term Development Commercially Available Detectable Elements Optimising Mine Sites Detectable Elements ■ Concurrent moisture ■ Solution analysis Broader Potential ■ Other base metals Current / Core Photon
Slide 18: Experienced leadership team
Experienced leadership team Supported by a well-respected and tenured board For personal use only Senior leadership team Board of Directors Dirk Treasure Rob Adamson Kerry Gleeson Founding CEO & Managing Director Founder & Chairman Director • Metallurgist with a background in both • 20+ years’ exper
Slide 19: Thank you
Thank you For personal use only For more information, please visit chrysoscorp.com or contact us at investors@chrysoscorp.com