Aurelia Metals Limited · ASX:AMI
Aurelia Metals — Shareholder Meeting (November 2024)
18 slides from Aurelia Metals's shareholder meeting presentation, Nov 26, 2024
Slide 1: 2024 Annual General Meeting
2024 ANNUAL GENERAL MEETING MANAGING DIRECTOR AND CHIEF EXECUTIVE OFFICER’S PRESENTATION ASX Code: AMI 26 November 2024
Slide 2: Forward Looking Statements
FORWARD LOOKING STATEMENTS This presentation has been prepared by Aurelia Metals Limited (‘AMI’ or the ‘Company’). It should By its very nature, production and exploration for gold and base metals is a high risk business and is not not be considered as an offer or invitation to subscribe for or purc
Slide 3: FY24 Highlights
FY24 HIGHLIGHTS FY24 Share Price $0.25 Performance +92% increase $0.20 ✓ Improved operating performance $0.15 Margins and profitability ✓ significantly enhanced $0.10 ✓ Federation Project on track $0.05 to deliver first stope ore Exploration results support ✓ $0.00 Jan-24 Jul-23 Jul-24 Oct-23 Apr-24
Slide 4: Group Financial Performance
GROUP FINANCIAL PERFORMANCE Group output Units FY24 FY23 % change EBITDA – statutory $M 72.1 55.8 29 EBITDA – underlying $M 81.0 55.7 45 EBITDA Margin - underlying % 26.1 15.1 73 Net Profit/(Loss) After Tax – statutory $M (5.7) (52.2) 89 Net Profit/(Loss) After Tax – underlying $M 0.6 (37.7) 102 Bas
Slide 5: Operational and Financial Performance
OPERATIONAL AND FINANCIAL PERFORMANCE Group AISC Margin Mine Operations Cash Flow ($M)1 75 A$1,136/oz A$382/oz 57 A$2,315/oz A$2,035/oz FY23 FY24 FY23 FY24 AISC AISC Margin Achieved Gold Price Underlying EBITDA ($M) Cash Flow from Operations ($M) 81 101 56 46 FY23 FY24 FY23 FY24 1. Mine operations c
Slide 6: Strong Cash Balance to Fund Growth
STRONG CASH BALANCE TO FUND GROWTH 1 Group Cash & Liquidity A$M 75.0 ~152 116.5 111.3 6.3 (64.8) (11.4) 56.8 15.6 38.9 Jun-23 Mine Growth Exploration Corporate, Jun-24 Total cash bal. ops capital Interest cash bal. Liquidity 2 + refinance cash flow & Other 1. Mine operations cash flow includes Peak
Slide 7: Our People Are Vital to Our Success
OUR PEOPLE ARE VITAL TO OUR SUCCESS ANNUAL GENERAL MEETING | 26 NOVEMBER 2024 | PAGE 7
Slide 8: Copper and Base Metals Future
COPPER AND BASE METALS FUTURE Leveraging people, infrastructure and geology EXPLORATION GREAT COBAR & PEAK EXPANSION 5 4 FEDERATION Nymagee and more REGIONAL MODEL 3 Final investment decision Ramp up 2 PEAK WHERE WE ARE TODAY 1 Identify efficiencies Stable operation ANNUAL GENERAL MEETING | 26 NOVEM
Slide 9: Our Growth Projects
OUR GROWTH PROJECTS Federation mine Great Cobar Study Peak plant expansion ANNUAL GENERAL MEETING | 26 NOVEMBER 2024 | PAGE 9
Slide 10: Exploration
Highly prospective Cobar Basin tenements EXPLORATION COBAR DISTRICT FY24 in review: • 43km drilled • $12 million invested • Chesney & Jubilee North • Federation • Nymagee • Queen Bee • Other regional targets FY24 Active Exploration NYMAGEE DISTRICT ANNUAL GENERAL MEETING | 26 NOVEMBER 2024 | PAGE 10
Slide 11: Social Responsibility and Sustainability
SOCIAL RESPONSIBILITY AND SUSTAINABILITY $89M $273K $32M Contributions to Community Net payments to local procurement Grants Governments Photos: Opening of the Cobar Community Hub (top left) and the partnership with the Copper City Men’s Shed (above right). ANNUAL GENERAL MEETING | 26 NOVEMBER 2024
Slide 12: FY25 Key Focus Areas
FY25 KEY FOCUS AREAS The developer and operator of choice for critical base metals that power the future 1 Federation mine production ramp-up 2 Continue to safely improve operational performance 3 Attract and retain talent 4 Cobar Optimisation and Great Cobar Investment Decision 5 Exploration to del
Slide 13: Contact
CONTACT T: +61 7 3180 5000 E: office@aureliametals.com.au Level 17, 144 Edward Street BRISBANE QLD 4000 GPO Box 7 BRISBANE QLD 4001 aureliametals.com Photo: Peak head frame and ROM stacker
Slide 14: Appendix 1 | FY25 Guidance Detail
APPENDIX 1 | FY25 GUIDANCE DETAIL Measure Units FY25 Group gold production koz 40 – 50 Peak gold production * koz 37.5 – 45.0 Dargues gold production koz 2.5 – 5.0 Copper produced * kt 2.5 – 3.5 Zinc produced * kt 14 – 20 Lead produced * kt 13 – 19 Group Operating Costs $M 185 – 220 Peak $M 160 – 18
Slide 15: Appendix 2 | Mineral Resources and Ore Reserves
APPENDIX 2 | MINERAL RESOURCES AND ORE RESERVES Group Mineral Resource Estimate as at 30 June 2024 Category Tonnes (kt) Cu (%) Au (g/t) Zn (%) Pb (%) Ag (g/t) Measured 2,400 1.2 2.2 0.8 0.6 9 Indicated 14,000 1.4 1.0 2.6 1.6 8 Inferred 9,700 1.7 0.4 1.7 0.9 13 Total 26,000 1.5 0.9 2.1 1.3 10 Group O
Slide 16: Appendix 3 | Group Mineral Resources Estimate
APPENDIX 3 | GROUP MINERAL RESOURCES ESTIMATE Group Mineral Resource Estimate as at 30 June 2024 Project Category Tonnes (kt) Cu (%) Au (g/t) Zn (%) Pb (%) Ag (g/t) Peak Mine copper Measured 1,700 1.4 1.9 0.1 0.1 6 Indicated 7,900 1.8 1.0 0.0 0.0 5 Inferred 6,300 2.0 0.5 0.1 0.0 7 Total 16,000 1.8 0
Slide 17: Appendix 4 | Group Ore Reserve Estimate
APPENDIX 4 | GROUP ORE RESERVE ESTIMATE Group Ore Reserve Estimate as at 30 June 2024 Project Category Tonnes (kt) NSR (A$/t) Cu (%) Au (g/t) Zn (%) Pb (%) Ag (g/t) Peak Mine copper Proved 560 280 1.5 2.5 0.1 0.0 6 Probable 1,400 240 1.8 1.5 0.0 0.0 4 Total 2,000 250 1.7 1.8 0.0 0.0 5 Peak Mine zinc
Slide 18: Appendix 5 | Group Production Target Estimate
APPENDIX 5 | GROUP PRODUCTION TARGET ESTIMATE Group Production Target Estimate as at 30 June 2024 Project Category Tonnes (kt) NSR (A$/t) Cu (%) Au (g/t) Zn (%) Pb (%) Ag (g/t) Peak Mine Measured portion 730 310 1.3 2.9 1.2 0.8 9 Indicated portion 2,400 250 1.9 1.4 0.4 0.3 6 Inferred portion 1,100 2