Griffin Mining Limited · LSE:GFM
Griffin Mining — Investor Presentation (November 2024)
13 slides from Griffin Mining's investor presentation, November 2024
Slide 1: Griffin Mining Limited – Corporate Presentation November 2024
GRIFFIN MINING LIMITED – CORPORATE PRESENTATION NOVEMBER 2024
Slide 2: Disclaimer
DISCLAIMER AIM:GFM This Presentation has been produced by Griffin Mining Ltd ( “Griffin”). This presentation is confidential and may not be reproduced or redistributed, in whole or in part, to any other person. This document contains certain forward-looking statements relating to the business, finan
Slide 3: Corporate Overview
CORPORATE OVERVIEW AIM:GFM 144p £265.7 million Share price* Market Cap* 184,530,477 184,530,477 Shares in Issue Shares fully diluted *mid market as at close on 19/11/2024 Significant Shareholders TRELLUS MANAGEMENT (Adam Usdan) 15.6% ORA HOLDINGS (Richard Griffiths) 14% OVERBROOK MANAGEMENT (Andrew
Slide 4: Introduction
INTRODUCTION AIM:GFM • Griffin holds 88.8% of the Caijiaying Mine through its joint venture with Hebei Hua Ao producing Zinc, Gold, Lead and Silver • Green Mine Certification • Cash generative, low-cost operations, debt free, long mine life • Strong management team with extensive experience in minin
Slide 5: Financial Results 2023
FINANCIAL RESULTS 2023 AIM:GFM • Revenue of $146.0 million (2022: $94.4 million). • Operating profit of $23.8 million (2022: $15.6 million). • Profit before tax of $24.5 million (2022: $15.3 million). • Profit after tax of $15.2 million (2022: $7.7 million). • Basic earnings per share 8.0 cents (202
Slide 6: Production Expansion
PRODUCTION EXPANSION AIM:GFM • Current mining operations at Zone III • Awarding of the Zone II mining licence to sustain throughput to 1.5Mtpa for the foreseeable future • Processing capacity increase completed by 2016 6 Griffin Mining Corporate Presentation November 2024
Slide 7: Zone II & Zone III Development
ZONE II & ZONE III DEVELOPMENT AIM:GFM • Development of Zone II underway for extraction of ore therefrom in 2015 • Capital for development will be funded through operational cash generation 7 Griffin Mining Corporate Presentation November 2024
Slide 8: Mineral Resources
MINERAL RESOURCES Large existing resource AIM:GFM Measured, indicated and inferred mineral resource at Zone III: • 32.1 million tonnes @ 4.6% zinc, 0.2% lead, 24.9g/t silver and 0.6 g/t gold at a 1% cut off • 1.5 million tonnes zinc, 0.6 million ounces gold, 25.7 million ounces silver, 76,000 tonnes
Slide 9: Strong Metals Market
STRONG METALS MARKET Positive supply and demand dynamics driving zinc & gold prices AIM:GFM ZINC • Asia accounts for approximately 65% of global zinc consumption • Zinc price has rallied recently due to concerns high energy costs and lack of concentrate • Global stimulus packages have also driven pr
Slide 10: Entering the Next Level of Production
ENTERING THE NEXT LEVEL OF PRODUCTION Extensive growth strategy underway AIM:GFM • Significant organic growth CASH GENERATIVE POSITIVE METAL MARKETS • Cash generative • Positive metal markets • Sustainability • EXISTING CAPACITY AND Existing capacity and infrastructure SUSTAINABILITY EXPERIENCED INF
Slide 11: Contacts
CONTACTS AIM:GFM GRIFFIN MINING LIMITED Telephone: +44(0)20 7629 7772 Mladen Ninkov - Chairman Roger Goodwin - Finance Director PANMURE GORDON (UK) LIMITED Telephone: +44 (0)20 7886 2500 James Sinclair-Ford Kieron Hodgson Dougie McLeod BERENBERG Telephone: +44(0)20 3207 7800 Matthew Armitt Jennifer
Slide 12: Further Details re: the Caijiaying Mine
FURTHER DETAILS RE: THE CAIJIAYING MINE AIM:GFM • Project acquired in 1997 and constructed, commissioned and operated by Griffin since June 2005 • 5.36 square kilometres of mining and exploration tenements, including the mine and processing facilities • Located approximately 250 kilometres by road,
Slide 13: Caijiaying Mine Operational Facilities Winter 2024
CAIJIAYING MINE OPERATIONAL FACILITIES WINTER 2024 13 Griffin Mining Corporate Presentation January 2021
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