Kingsgate Consolidated Limited · ASX:KCN
Kingsgate Consolidated — H1 2004 Earnings Presentation
47 slides from Kingsgate Consolidated's earnings presentation, Feb 23, 2004
Slide 1: Half Year Analyst Presentation ended 31 December 2003
Kingsgate Consolidated Limited ABN 42 000 837 472 23 February 2004 The Manager Announcements Company Announcements Office Australian Stock Exchange Limited Via ASX Online 47 pages (inclusive of cover page) Dear Sir/Madam Half Year Analyst Presentation ended 31 December 2003 Please find attached a co
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Slide 5: Milled Grade, Mill Throughput and Costs
Milled Grade (g/t) ° Head Grade 5.6 o 5.2 es ~ we aul DecO1 Mar02 Jun02 Sep02 Dec02 Mar03 Jun03 Sep03 Dec-03 Mill Throughput DecO1 Mar02 Jun02 Sep02 DecO2 Mar03 Jund3 Sep03 Dec-03 " ion Commissioned USSioz 4,600 eApansion OM MiIssOnes 400 ee . —_ - 400 Z 1400 Oe SS a | 360 31200 | 00 a 300 £ 250 ee
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Slide 8: Dividends and Net Cash
Wa : . ‘Dividends (AS/ share Net Cash (ASM) Exploration success on and near mine site
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Slide 10: Financial Performance
Financial Performance A$Million 2003 HY 2002 HY Revenue Cash Costs D&A Site EBIT Net Interest Admin/Other Profit Before Tax Tax Profit After Tax 35.8 (12.8) (5.2) 17.8 46.8
Slide 11: Net Profit Source of Change
Net Profit Source of Change
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Slide 13: Group Cash Flow
Group Cash Flow A$Million 2003 HY 2002 HY Receipts from Customers Payments to suppliers Net interest Operating Cash Flow Exploration PP&E and Development Investing Cash Flow Share issues Proceeds from borrowings Repayment of borrowings Dividends paid Financing Cash Flow 38.5 (18.2) 0.2 20.5 (5.5) (1
Slide 14: Group Cash Flow & Net Cash
Group Cash Flow & Net Cash Jun 02 HY Dec 02 HY Jun 03 HY Dec 03 HY (1 Operating CF Mm lnvesting CF mm Dividends =a Shares Issued ——Net Oper'ICF —=—Net Cash
Slide 15: Mine Assets
Mine Assets $60m Mine Assets comprising exploration andPPE | ash _generation & share placement for rehab/ Dividends employees & share placement
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Slide 17: Gold Hedging Positions
Gold Hedging Positions Bought Put & Sold Call Options| Price/oz 750 iii i. NN) 2003/04 2004/05 2005/06 2006/07 2007/08 C1US$ Puts MBB AS Puts MB US$ Calls MMB AS Calls o US$PutPrice —®™A$PutPrice ——US$Call Price —™=A$ Call Price
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Slide 26: Reserves and Resources
1 Million oz , Reserves | 000m [| Alteration system a Gold prospect Y | “Resource” ‘Reserve’ CHANTRA 0.4 Moz ( June ’03) il an 0.6 Moz ( June ’03) ll i i ini a
Slide 27: Prospects C, H & D
Prospects C,H&D ProspectA = Cumulative Production & Recovery
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Slide 29: Further Prospect H Drilling
nT He 0h vi |) a nh ones ‘aoaat ‘Sete BOON conan FURTHER PROSPECT H DRILLING Short Term Pic Outiine: 6m @ 11.3 git 14m @8.5 git 9m @ 8.0 g/t 29m @ 4.5 git 9m@3.1 g/t LEGEND (255 Holes Dill Bore 28 toy 2005. & (S407) Hodas Dtwe Since 28 daly 2005 Kingsgate CHATREE PROJECT Extension to Prospect H Oreb
Slide 30: Medium Term
Medium Term _*Major | Structures 1000m Alteration system Gold prospect “Resource” ‘Reserve’
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Slide 32: Exploration Results
K> 19m @ 6.3 git Exploration - Results 5m @ 4.1 g/t 5 m @ 2.7 git 38 m @ 2.4 git ~—S§m@ 8S git ! —t 6m @ 3.2 g/t Wh , a ne Sim 2.1 elt : nee i
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Slide 36: H Extension
H Extension
Slide 37: Long Term: First Mover
Long Term: FIRST MOVER il i ili ti il) ini )) . 8 ; 150 kilometres Loei-Petchabun Volcanic Belt
Slide 38: Long Term
Long Term Current SPL's Current ML's 10 kilometers
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Slide 40: Regional
Regional Chatree Mine +0 kilometres
Slide 41: Regional Prospects
Regional Prospects Chatree Mine Hie ti ||) 10 kilometres
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Kingsgate Consolidated — H1 2004 Earnings Presentation on 6ix