Goldplat Plc · LSE:GDP
Goldplat — Investor Presentation (February 2010)
25 slides from Goldplat's investor presentation, February 2010
Slide 1: Profitable and Highly Cash Generative Gold Producer Focussed in Africa
Profitable and Highly Cash Generative Gold Producer Focussed in Africa Presentation by Goldplat plc CEO, Demetri Manolis February y 2010
Slide 2: Important Notice
Important Notice These presentation materials (the “Presentation Materials”) are being distributed in the UK only to persons having professional experience in matters relating to investments and who are investment professionals as specified in Article 19(5) of the Financial Services and Markets Act
Slide 3: Overview
Overview AIM quoted profitable, highly cash generative, debt free gold producer focussed in Af i Africa Four primary assets: South Africa - gold recovery plant production totalled 21,068 oz Au for FY2009 Ghana - gold recovery plant Kenya - Kilimapesa Gold mining project Burkina Faso – Ny
Slide 4: Structure
Structure “Goldplat “G ld l t is i a profitable fit bl African Af i focussed f d gold company quoted on the AIM market of the London Stock Exchange” Goldplat plc UK 100% Gold Mineral Resources Limited Guernsey 100% Goldplat New Co. Nyieme y Gold Recovery Kilimapesa Gold Recovery JV signed - Ghana Li
Slide 5: Growth Strategy
Growth Strategy “Goldplat’s strategy is to create a mid-tier mining house focussed on gold production, leveraged through revenues generated from its gold recovery operations” Goldplat’s objectives remain to: Develop Kilimapesa Gold mine and increase production capacity Advance the prospective 24
Slide 6: Kilimapesa Gold Ltd, Kenya
Kilimapesa Gold Ltd, Kenya Project located within historically producing Migori Archaean Greenstone Belt in south westt Kenya K – 100% owned d Commenced processing development ore in January 2009 First gold sales due 2010 – revenue will be used to develop the mine and expand the plant’s produc
Slide 7: Kilimapesa Gold - Resource
Kilimapesa Gold - Resource Veins and Host Resource Classification Au Grade *Contained Au Tonnes (g/t) Ounces Measured 36,000 2.86 3,342 Indicated 373,000 2.32 28,074 Total 409,000 2.36 31,416 Inferred 1,242,000 2.43 97,895 Total 1,651,000 2.44 129,311 *Resources by category at a cut-off value of 1 g
Slide 8: Kilimapesa Gold - Resource
Kilimapesa Gold - Resource Colonial Tailings Resource Classification Au Grade *Contained Au Tonnes (g/t) Ounces Measured 11,800 1.70 648 Indicated 29,200 2.91 2,725 Total 41,000 2.56 3,373 Inferred 10,600 2.40 819 Total 51,600 2.52 4,192 *Resources by category at a cut cut-off off value of 1 g/t Au
Slide 9: Kilimapesa Gold - Production
Kilimapesa Gold - Production Initial plant refurbishment programme completed - improvements will enhance gold recovery rates and increase operational economies of scale Target to increase production to 3,000 tonnes per month Average grades expected to be in excess of 4 g/t Au yielding between
Slide 10: Kilimapesa Gold - Development
Kilimapesa Gold - Development Underground development intersected two new veins which are robust in nature, nature in addition to the existing south vein at the Kilimapesa Hill target Mid Vein – first 15m of chip sampling has returned an average gold value of 9.3 g/t Au over 115cms North Vein
Slide 11: Concession Maps – Future Targets
Concession Maps – Future Targets
Slide 12: Geophysical Plots - Resistivity
Geophysical Plots - Resistivity
Slide 13: Kilimapesa Hill Schematic
— Kilimapesa Hill Schematic North - South Section through Kilimapesa Hill North a South % me Seen GOLDPLAT:.
Slide 14: Nyieme Gold Project – Burkina Faso
Nyieme Gold Project – Burkina Faso
Slide 15: Nyeime Gold Project – Burkina Faso
Nyeime Gold Project – Burkina Faso Acquired option over the prospective 246 sq km Nyieme Gold Project located in southern Burkina Faso Aim to prove up the economic viability of the project, with the target of bringing it into production Previous exploration highlights general prospectivity of
Slide 16: Nyieme Project – Prospect Map
Nyieme Project – Prospect Map
Slide 17: Goldplat Recovery (Pty) Limited – SA
Goldplat Recovery (Pty) Limited – SA Market leader in precious metal recovery from by-products of the mining process such as woodchips, fine carbon and waste grease Provides an economic method for mines to dispose of waste materials while meeting environmental obligations Produced 13,960 oz Au
Slide 18: Gold Recovery Ghana Limited
Gold Recovery Ghana Limited Gold recovery plant at the free port of Tema, Ghana (Free Zone Status with accompanying i tax t benefits) b fit ) Strategic location provides access to raw materials from mines in Mali, Guinea, Burkina Faso, Benin, Cote D’Ivoire, Senegal, DRC and Mauritania Gold pro
Slide 19: Key Relationships
Key Relationships Strong relationships with major mining houses enable Goldplat to carry out its activities as they provide: Strong flow of materials for processing operations Avenues to new gold projects
Slide 20: Financials
Financials “Goldplat is profitable, therefore development is predominantly d i tl financed fi d through th h its it recovery operations” ti ” £6,000,000 £12,000,000 £5,000,000 £10,000,000 £4 000 000 £4,000,000 £8 000 000 £8,000,000 £3,000,000 £6,000,000 £2,000,000 £4,000,000 £1,000,000 £2,000,000 £0
Slide 21: Financial Results
Financial Results 6 months to 6 months to Year ended December 2009 December 2008 June 2009 £000 £000 £000 Revenue from precious metals 5,436 5,216 11,149 Cost of sales (3,796) (3,974) (8,226) Gross Profit 1,225 1,242 2,924 Administrative expenses (442) (450) (1 100) (1,100) Operating profit before f
Slide 22: Why Invest?
Why Invest? • Highly cash generative, generative un-hedged, un hedged debt free with a healthy cash position • Profitable gold recovery businesses in South Africa and Ghana • Solid client base - contracts with various mining majors providing raw materials for gold recovery and providing potential mi
Slide 23: Key Data
Key Data • Market AIM • Ticker GDP • Listing Date July 2006 • Share price (Mid) 10.25p (15.02.10) • Sh Shares i issue in i 111 72 111.72m • Market Cap £11.45m • Nom Advisor/Broker WH Ireland • Market Makers SCAP, KBC, WINS
Slide 24: Management Team
Management Team Brian B i Moritz M it Chartered Ch t d accountant t t and d former f S i Partner Senior P t att Grant G t Thornton, Th t Bi Brian i now a is Non Exec Chairman Director of a number of junior mining companies listed on AIM. Demetri Manolis Qualified mining engineer with over 15 years e
Slide 25: Contacts
Contacts Demetri Manolis Goldplat plc Tel: +27 (0) 11 4231203 Mobile: +27 (0) 82 454 7392 Email: demetri.manolis@goldplat.com