Aurelia Metals Limited · ASX:AMI
Aurelia Metals — H1 FY20 Earnings Presentation
12 slides from Aurelia Metals's earnings presentation, Feb 21, 2020
Slide 1: H1 FY20 Interim Results Presentation
H1 FY20 Interim Results Presentation 21 February 2020 ASX Code: AMI
Slide 2: Forward looking statements
Forward looking statements This presentation has been prepared by Aurelia Metals Limited (“AMI” or the “Company”). It should not be considered as an offer or invitation to subscribe for or purchase any securities in the Company or as an inducement to make an offer or invitation with respect to those
Slide 3: Corporate snapshot
Corporate snapshot ASX code: AMI Share price (20 Feb 2020) $0.43 Shares on issue 874m Major shareholders Market capitalisation A$373m Australian Super 6% First Sentier 6% Board and management Managing Director and CEO Dan Clifford Non-Executive Chairman Cobb Johnstone Share register composition Lawr
Slide 4: Building Value in the Cobar Basin
Regional foothold Highly strategic asset base in the polymetallic Cobar Basin with two major processing plants possessing a combined capacity of 1.3Mtpa Building Value in High margin output Established, high-value gold and base metals production profile the Cobar Basin Leveraging a strategic asset N
Slide 5: H1 FY20 interim financial results summary
H1 FY20 interim financial results summary Key outcomes and achievements Financial H1 FY20 Achievements Outlook ▪ EBITDA of $50.1M ▪ Operating performance in line ▪ Investment in mine development ▪ Group EBITDA margin of 30% with plan at Peak – building operational ▪ Water self-sufficiency secured st
Slide 6: H1 FY20 interim financial results
H1 FY20 interim financial results Earnings outcomes in inline with expectations H1 FY20 H1 FY19 ▪ Sales maintained with increased base metals offsetting reduced Performance Indicators Unit Change gold revenue Sales Revenue A$k 165,191 165,463 (0%) Profit Before Tax A$k 24,830 43,455 (43%) ▪ Increase
Slide 7: Production and costs
H1 FY20 financial results Production and costs ▪ Hera: ▪ Reducing gold grade and higher base metal grades as scheduled ▪ Plant throughput decreased along with higher base metal grades ▪ Reduced gold sales together with increased processing costs and lower base metal prices resulted in AISC increasin
Slide 8: Key profit contributions
H1 FY20 financial results Key profit contributions ▪ Revenue maintained with increased base metal sales offsetting lower gold sales ▪ Gold comprised 64% of total revenue, 67% in the prior period ▪ Increased costs, relative to the prior period ▪ Hera $4.6M increase ($2.4M from increased direct costs,
Slide 9: Cash flow – investing in the future and returns to shareholders
H1 FY20 financial results Cash flow – investing in the future and returns to shareholders ▪ Net cash out flow of $40.7M – after $53.5M spent on growth capital and shareholder returns ▪ Operations strongly cash flow positive after significant investment in operating mine development at Peak ▪ Signifi
Slide 10: Delivering to plan
H1 FY20 interim financial results summary Delivering to plan Financial Business Performance Looking Forward ▪ Profitable, cash flow positive ▪ Operating performance in line with ▪ Delivering operational operations plan and expectations predictability ▪ Significant investment in future ▪ Delivering o
Slide 11: Corporate information
H1 FY20 financial results CORPORATE INFORMATION: Aurelia Metals Limited ABN 37 108 476 384 Email: office@ For further information please ASX Code: AMI Website: www.aureliametals.com.au aureliametals.com.au see Appendix 4D and H1 FY20 Registered Office: Level 2, 60-62 McNamara St Orange NSW Tel: +61
Slide 12: Key assets
Key assets Located in the highly endowed and productive Cobar Region Bourke Endeavour Zn/Pb/Ag (CBH- Toho) Australia CSA Cu (Glencore) NSW Nyngan Cobar Peak Au/Cu/Pb/Zn Mines Cobar Nymagee Cu Project Basin Hera Au/Pb/Zn Mine Federation Zn-Pb-Au-Cu-Ag Wonawinta Ag Mallee Bull Cu/Pb/Zn Project (Peel/C