Ramelius Resources Limited · ASX:RMS
Ramelius Resources — H1 FY2024 Earnings Presentation
11 slides from Ramelius Resources's earnings presentation, Feb 20, 2024
Slide 1: H1 FY24 Financial Results
Ramelius Resources Limited For personal use only Mark Zeptner Ben Ringrose Managing Director Acting Chief Financial Officer ASX:RMS H1 FY24 Financial Results February 2024 H1 FY24 FINANCIAL RESULTS • FEBRUARY 2024 1
Slide 2: Qualification & Non-IFRS Financial Information
QUALIFICATION & NON-IFRS FINANCIAL INFORMATION Forward Looking Statements For personal use only This presentation contains certain forward looking statements with respect to Ramelius Resources Ltd’s (Ramelius) financial condition, results of operations, production targets and other matters that are
Slide 3: FY24 Gold Production Guidance - Well Placed for Record Gold Production
FY24 GOLD PRODUCTION GUIDANCE - WELL PLACED FOR RECORD GOLD PRODUCTION For personal use only # Mid-point of FY24 Production Guidance, see ASX Release “December 2023 Quarterly Activities Report”, 30 January 2024 H1 FY24 FINANCIAL RESULTS • FEBRUARY 2024 3
Slide 4: H1 FY24 Mining & Production
H1 FY24 MINING & PRODUCTION ORE TONNES MILLED For personal use only ORE TONNES MINED MINED GRADE MILLED GRADE 1.7 2.27 ↑ 7% 2.0 ↑ 2% 2.02 ↑3% ↑ 15% million tonnes mined grams per tonne million tonnes milled grams per tonne Over 4.0Mt at 1.11g/t stockpiled Impact of increasing contribution Excellent
Slide 5: H1 FY24 Financial Results
H1 FY24 FINANCIAL RESULTS REALISED GOLD PRICE CASH & GOLD1 For personal use only REVENUE EBITDA $348.5 ↑ 14% $140.2 ↑ 39% A$2,809 ↑ 12% $281.8 ↑4% million per ounce of gold million million EBITDA margin maintaining +40% Improving A$ spot price, reduced Record Half-Year revenue generated Liquidity of
Slide 6: EBITDA by Operation
EBITDA BY OPERATION EBITDA MARGIN For personal use only 40% A$1,133 as a percentage of revenue per ounce sold Very well placed within peer group ff EBITDA BY OPERATION Contribution from Mt Magnet increasing with improved contribution from Penny H1 FY24 FINANCIAL RESULTS • FEBRUARY 2024 6
Slide 7: Cash Flow
CASH FLOW UNDERLYING CASH FLOW1 For personal use only $52.4 million Consistent +$50M underlying cash flow ff CAPITAL INVESTMENT RETURN TO SHAREHOLDERS $89.8 $17.3 million million Including mine development, Plus $4.9 million in dividend exploration, and the acquisition of reinvestment, total shareho
Slide 8: Balance Sheet Strength
BALANCE SHEET STRENGTH WORKING CAPITAL1 For personal use only NET ASSETS CASH & GOLD $294.2 0% $1,145.7 ↑ 22% $281.8 ↑ 4% million million million Remains strong after Musgrave Over one billion in net assets, driven Liquidity of $381.8 million including $100 acquisition & dividend payments by Musgrav
Slide 9: Ramelius - Well Positioned for 2024 and Beyond
RAMELIUS - WELL POSITIONED FOR 2024 AND BEYOND For personal use only Proven management team adept in either greenfields development or refurbishment Operational Excellence & operation of both open pit and underground mines Strong balance sheet, disciplined approach to capital management with a focus
Slide 10: Questions?
QUESTIONS? For personal use only Ramelius Resources Limited ASX Code: RMS Level 1, 130 Royal Street East Perth WA 6004 Authorised for release to the ASX by the Managing Director. For further information contact: Investor enquiries: Media enquiries: Mark Zeptner Ben Ringrose Luke Forrestal Managing D
Slide 11: Appendix 1: H1 FY24 Financial Summary
APPENDIX 1: H1 FY24 FINANCIAL SUMMARY Units H1 FY24 H1 FY23 Change For personal use only Key Financials Revenue A$M 348.5 304.8 + 14% EBITDA A$M 140.2 101.1 + 39% EBIT A$M 59.1 44.0 + 35% NPAT A$M 41.2 29.1 + 42% Cash Flow from Operations A$M 119.8 114.8 + 4% Underlying Cash Flow1 (includes mvmt in