Gr Engineering Services Ltd · ASX:GNG
Gr Engineering Services — Shareholder Meeting (November 2012)
20 slides from Gr Engineering Services's shareholder meeting presentation, Nov 30, 2012
Slide 1: AGM Presentation – 30 November 2012
For personal use only AGM Presentation – 30 November 2012
Slide 2: Disclaimer
Disclaimer For personal use only This document has been prepared by GR Engineering Services Limited ACN 121 542 738 (GR Engineering) to provide an overview and update of GR Engineering’s activities and financial performance. Any statements, opinions, projections or other material contained in this d
Slide 3: Corporate Summary
Corporate Summary For personal use only Capital Structure Share Price Performance $2.50 5m Shares on issue1 m 150.0 $2.00 4m Share price (GNG.ASX) (29/11/12) $ 0.66 $1.50 3m Market capitalisation $m 99.0 $1.00 2m Cash (30 June 2012)2 $m 38.9 $0.50 1m Debt (30 June 2012) $m 0.5 $0.00 0m Nov-11 Jan-12
Slide 4: About GR Engineering
About GR Engineering For personal use only Australian based engineering design and FY12 Revenue by Commodity construction contractor servicing the mining and 5% minerals processing industry Specialising in engineering, procurement and 35% construction (EPC) contracting to provide turnkey project
Slide 5: FY12 Results Summary
FY12 Results Summary For personal use only Sales revenue - $152.8 million EBIT - $17.8 million PBT - $19.9 million Financial NPAT - $13.1 million Cash flow from operations - $16.2 million Net Cash - $38.4 million1 Final dividend of 4 cps - FY12 dividend of 8 cps (fully franked) Perio
Slide 6: Design and Construction
Design and Construction For personal use only Over 90% contribution to revenue in FY12 New contracts won with top tier mining companies in FY12 $75 million Rasp project for CBH Resources delivered on time and budget West African presence established in Ghana, Mali and the Ivory Coast – near
Slide 7: Studies & Consulting
Studies & Consulting For personal use only Over 30 studies and consulting engagements completed in FY12 for projects with estimated capital values of approximately $900 million1 Currently engaged on 18 studies, many for near term projects with estimated capital values of approximately $1.1 billi
Slide 8: GR Engineering’s Clients
GR Engineering’s Clients For personal use only GR Engineering is engaged by a variety of Selected Clients clients ranging from leading global diversified mining houses, mid-tier producers, developers and junior explorers EPC contracting method offers effective solutions for all client types • La
Slide 9: West African Strategy
West African Strategy For personal use only Significant progress made in FY12 on strategy to diversify into West Africa West African strategy delivering: Mali - currently undertaking detailed design and early procurement works for an EPCM expansion Ivory Coast - engaged on a brownfields EPCM
Slide 10: HS&E Performance
HS&E Performance For personal use only Maintained strong HS&E performance in FY12 Zero lost time injury frequency rate (LTIFR) 734 consecutive days of zero LTIFR for all employees and sub-contractors to 30 June 2012. No LTI’s recorded to date post FY12 – 887 consecutive days to date GR Engin
Slide 11: Market Conditions & Outlook
Market Conditions & Outlook For personal use only Studies and engineering activity levels remain robust Client contracting model preference in Australia is now EPC Project execution delays and deferrals have continued to adversely impact GR Engineering Caused predominantly by high industry o
Slide 12: Growth Strategy
Growth Strategy For personal use only Focus remains on winning EPC and EPCM construction projects for completed studies Mitigation of current conditions Continue and expand involvement in brownfields projects – less prevention hurdles Maintain low levels of capital intensity and preserve str
Slide 13: Contact
Contact For personal use only Joe Ricciardo Joe Totaro Managing Director CFO & Company Secretary +61 8 6272 6000 +61 8 6272 6000 joe.ricciardo@gres.com.au joe.totaro@gres.com.au 13
Slide 14: Zinc / Lead Processing Plant – New South Wales
Appendix: Project Photos For personal use only Zinc / Lead Processing Plant – New South Wales 14
Slide 15: Iron Ore Desands Plant – Western Australia
Appendix: Project Photos For personal use only Iron Ore Desands Plant – Western Australia 15
Slide 16: Copper / Gold Regrind Project – Western Australia
Appendix: Project Photos For personal use only Copper / Gold Regrind Project – Western Australia 16
Slide 17: Copper Mine Paste Backfill Plant – Western Australia
Appendix: Project Photos For personal use only Copper Mine Paste Backfill Plant – Western Australia 17
Slide 18: Gold Dump Leach Project – Western Australia
Appendix: Project Photos For personal use only Gold Dump Leach Project – Western Australia 18
Slide 19: Copper / Gold Mine Paste Back Fill Plant – South Australia
Appendix: Project Photos For personal use only Copper / Gold Mine Paste Back Fill Plant – South Australia 19
Slide 20: Gold Processing Plant Design – Western Australia
Appendix: Project Photos For personal use only Gold Processing Plant Design – Western Australia 20
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