Slide 1: June 2017 Full Year Results Webcast
http:// June 2017 Full Year Results Webcast – 30 August 2017 Access this presentation at: webcasting.boardroom.media/broadcast/5962dffcbca01739a3db417d OR www.sandfire.com.au S A N D F I R E R E S O U R C E S - A Q u a l I t y C o p p e r – G o l d P r o d u c e r Page: 1
Slide 2: Important Information and Disclaimer
Important Information and Disclaimer Forward-Looking Statements This presentation has been prepared by Sandfire Resources NL. This document contains background information about Sandfire Resources NL current at the date of this presentation. The presentation is in summary form and does not purport b
Slide 3: Important Information and Disclaimer
Important Information and Disclaimer Competent Person’s Statement – Ore Reserves and Mine Plan ► The information in this report that relates to Ore Reserves and Mine Plan is based on information compiled by Mr Neil Hastings who is a Member of The Australasian Institute of Mining and Metallurgy. Mr H
Slide 4: Important Information and Disclaimer
Important Information and Disclaimer Exploration and Resource Targets ► Any discussion in relation to the potential quantity and grade of Exploration Targets is only conceptual in nature. While Sandfire is confident that it will report additional JORC compliant resources for the DeGrussa Project, th
Slide 5: Operating Results – FY2017
Operating Results – FY2017 Karl Simich – Chief Executive Officer S A N D F I R E R E S O U R C E S - A Q u a l I t y C o p p e r – G o l d P r o d u c e r Page: 5
Slide 6: FY2017 in Review
FY2017 in Review ► FY2017 production: 67,088t copper and 38,623oz gold; C1 US$0.93/lb ► FY2018 production guidance maintained: 63-66,000t copper, 35- 38,000oz gold; C1 cash cost US$1.00-1.05/lb (FX 0.77 and gold US$1,240/oz) ► Safety TRIFR reduced: 6.3 (1HFY2017) to 4.9 (June 2017) ► Monty Copper-Go
Slide 7: Financial Results – FY2017
Financial Results – FY2017 Matthew Fitzgerald – Chief Financial Officer S A N D F I R E R E S O U R C E S - A Q u a l I t y C o p p e r – G o l d P r o d u c e r Page: 7
Slide 8: Headline Financial Results for the Full Year Ended 30 June 2017
Headline Financial Results for the Full Year Ended 30 June 2017 Sandfire maintains strong operational and financial performance ► Sales revenue and price adjustment gains of $532.5M ► Strong cash flow from operating activities of $216.1M ($248.3M prior to payments for exploration and evaluation expe
Slide 9: Headline Financial Results: Sandfire increases dividend payments
Headline Financial Results for the Full Year Ended 30 June 2017 Sandfire increases dividend payments ► Maintaining dividend stream from profitable operations and increased copper price ► Interim dividend for 1HFY2017 of 5.0cps (fully franked) ► Final dividend for FY2017 of 13.0cps (fully franked) ►
Slide 10: June 2017 Full Year Presentation – Headline Income
June 2017 Full Year Presentation – Headline Income Income Statement Review – Key Results ($’000) Jun 2017 Jun 2016 Sales revenue and price gains 532,548 485,817 Profit before net finance and 114,172 74,956 income tax expense Net finance expense (3,768) (6,580) Profit before income tax expense 110,40
Slide 11: June 2017 Full Year Presentation – Balance Sheet
June 2017 Full Year Presentation – Balance Sheet Balance Sheet Review ($‘000) June 2017 June 2016 ► Cash – $127M - $50M debt ASSETS repayment 31 January 2017, Cash and cash equivalents 126,743 66,223 $22M dividend payments Trade and other receivables 15,970 20,467 Inventories 26,473 30,070 ► Propert
Slide 12: June 2017 Full Year Presentation – Balance Sheet
June 2017 Full Year Presentation – Balance Sheet Balance Sheet Review ($’000) June 2017 June 2016 ► Income tax payable - $20M LIABILITIES payable for FY2017 Trade and other payables 35,478 30,885 Interest bearing liabilities 1,567 1,767 ► Finance facility – $50M Income tax payable 20,460 7,222 repai
Slide 13: June 2017 Full Year Presentation – Cash
June 2017 Full Year Presentation – Cash Cashflow and Dividends Sales Receipts and Gains $534.8M Operating cash flow prior to exploration and evaluation $248.3M 46% Margin S A N D F I R E R E S O U R C E S - A Q u a l I t y C o p p e r – G o l d P r o d u c e r Page: 13
Slide 14: Summary and Outlook
Summary and Outlook Continued strong outlook for FY2018 and beyond ► Consistent, low-cost copper-gold production • FY2017 performance: 67,088t Cu, 38,623oz Au at C1 US$0.93/lb • FY2018 guidance maintained: 63-66,000t Cu, 35-38,000oz Au at C1 US$1.00-1.05/lb ► New chapter of discovery and development
Slide 15: Contact Details: Sandfire Resources NL
Contact Details: Sandfire Resources NL Registered Office and Principal Place of Business Level 1, 31 Ventnor Avenue, West Perth, Western Australia 6005 T +61 8 6430 3800 F +61 8 6430 3849 www.sandfire.com.au S A N D F I R E R E S O U R C E S - A Q u a l I t y C o p p e r – G o l d P r o d u c e r Pa