Mastermyne Group Limited · ASX:MYE
Mastermyne — Noosa Mining Conference 2021
14 slides from Mastermyne's conference presentation, Jul 16, 2021
Slide 1: Noosa Mining Conference
Noosa Mining Conference For personal use only July 2021 Tony Caruso, CEO & Managing Director 1
Slide 2: Disclaimer
Disclaimer For personal use only The following disclaimer applies to this presentation and any information provided regarding the success of the strategies is subject to uncertainties and contingencies beyond Mastermyne’s information contained in this presentation (the Information). You are advised
Slide 3: Business Overview
Business Overview For personal use only • Mining services contractor supporting the underground coal sector • Large footprint in Qld’s Bowen Basin • Established in 1995 and ASX listing in 2010 • Order Book currently $1.1bn with blue chip customer base • Services linked to production activities • Lar
Slide 4: Business Update
Business Update For personal use only • Second half performance as expected with Full Year FY2021 Revenue range of between $230m to $240m • FY2021 EBITDA range of $22m to $23m with margins at ~10% • FY2021 Net cash position range between $15m and $20m which will support FY2022 growth • Continued foc
Slide 5: Keeping Our People Safe
Keeping Our People Safe • Working closely with Anglo for the safe re entry into Moranbah North and Grosvenor For personal use only mines after extended periods of limited work activities • All of our sites have now achieved long injury free periods • We are on track to achieve our full year Group TR
Slide 6: Met coal prices have recovered substantially and outlook is positive
Met coal prices have recovered For personal use only substantially and outlook is positive • Met coal prices have moved from ~$US 100/tonne to ~$US210 since December, with further recovery expected • Long term fundamentals are very strong for Met. Coal (95%+ of Mastermyne revenue exposure). • Austra
Slide 7: Gregory Crinum WOM Contract Update
Gregory Crinum WOM Contract For personal use only Update • Contracted executed for ~ 7 year term to re‐establish and operate underground mine owned by Sojitz Blue • Total Contract Value of $600‐660 million, delivering $80‐$100 million revenue per annum in full production • 180 full time personnel at
Slide 8: Moranbah North and Grosvenor Mines Recommenced Work Underground
Moranbah North and Grosvenor Mines For personal use only Recommenced Work Underground Moranbah North • Temporary suspension of underground operations on 20th February 2021 following the identification of a coal heating event • Re‐entry commenced on 7th May 2021 • Works proceeding with safety and com
Slide 9: WOM Projects Progressing
WOM Projects Progressing For personal use only • Tender process completed on second Whole of Mine project with Mastermyne progressing to preferred tenderer and now negotiating a contract with work expected to commence in 2H FY2022. • Bengal Coal, Dysart East project has progressed to a finalised Min
Slide 10: Expansion to Hard Rock Mining Building Strong Momentum
Expansion to Hard Rock Mining For personal use only Building Strong Momentum • Hard Rock sector is very buoyant which has created a strong pipeline of tenders which are currently being worked through • Recruitment of key management roles is well underway with candidates for key positions now shortli
Slide 11: Appendices
For personal use only Appendices
Slide 12: Corporate Overview
Corporate Overview For personal use only Shareholder composition Capital structure Retail Investors 51% Share price as at 14 July 2021 $0.88 Shares on issue* 106.2m Institutional Investors 33% Market capitalisation $93.5m Board & Management 16% Net Cash/(Debt) $15m Enterprise value $78.5m Two-year t
Slide 13: Board
Board For personal use only Colin Bloomfield Anthony Caruso Andrew Watts Gabriel Meena Julie Whitcombe Non-Executive Chairman Managing Director Non-Executive Director Non-Executive Director Non-Executive Director Colin’s former roles during his 27 Tony has held a number of senior Andrew co‐founded M
Slide 14: Thank you
For personal use only Thank you Contacts Tony Caruso Managing Director (07) 4963 0400 Brett Maff CFO/Company Secretary (07) 4963 0400 mastermyne.com.au