Hillgrove Resources Limited · ASX:HGO

Hillgrove Resources — H1 FY2014 Earnings Presentation

12 slides from Hillgrove Resources's earnings presentation, Sep 16, 2013

  1. Slide 1: FY14 Half Year Results

    For personal use only FY14 HALF YEAR RESULTS GREG HALL IIIII CEO & MANAGING DIRECTOR RUSSELL MIDDLETON IIIII CHIEF FINANCIAL OFFICER 16 SEPTEMBER 2013

  2. Slide 2: Disclaimer - Important Notice

    DISCLAIMER - IMPORTANT NOTICE No representation or warranty is or will be made by any person (including Hillgrove Resources Limited ACN 004 297 116 (“Hillgrove”, “HGO”, or the “Company”) and For personal use only its officers, directors, employees, advisers and agents) in relation to the accuracy or

  3. Slide 3: Successful Changes to Crusher and Mining Operations - Highlights

    SUCCESSFUL CHANGES TO CRUSHER AND MINING OPERATIONS HIGHLIGHTS For personal use only  Net Profit after Tax of A$4.0 million  EBITDA of A$18.6 million  Sales Revenue of A$58.6 million  New primary crusher system installed on time and within budget  Mill throughput above nameplate of 2.8mtpa sinc

  4. Slide 4: Operating Results

    4 For personal use only OPERATING RESULTS

  5. Slide 5: Benefits from Improvements at Kanmantoo Being Realised

    BENEFITS FROM IMPROVEMENTS AT KANMANTOO BEING REALISED PRODUCTION VOLUMES For personal use only 6 months 6 months to July 2013 to July 2012 Change  Increase in ore presented to ROM Production Volumes as a result of increased ore Copper (t) 7,040 6,154 14.4% exposure and lower strip ratios Gold (oz)

  6. Slide 6: Financial Results

    6 For personal use only FINANCIAL RESULTS

  7. Slide 7: Statutory Profit Driven by Improved EBITDA

    STATUTORY PROFIT DRIVEN BY IMPROVED EBITDA INCOME STATEMENT (A$ million) 6 months to 31 July 2013 31 July 2012 For personal use only Revenue 58.6 50.1 Cost of production (29.4) (43.0) Changes in inventories of ore and concentrate (1.5) 3.6 Employee benefits expense (3.8) (3.1) Unrealised gains/ (los

  8. Slide 8: Key Investment in Infrastructure - Balance Sheet

    KEY INVESTMENT IN INFRUSTRUCTURE BALANCE SHEET For personal use only 6 months to 6 months to  The reduction in cash is a direct A$ million 31 July 2013 31 January 2013 result of continued investment in Current Assets 52.4 58.8 mine infrastructure Cash 17.1 27.4 Receivables 1.8 6.4  Trade Payables

  9. Slide 9: Outlook

    9 For personal use only OUTLOOK

  10. Slide 10: Continued Improvements Will Achieve Targeted Results - Guidance

    CONTINUED IMPROVEMENTS WILL ACHIEVE TARGETED RESULTS GUIDANCE For personal use only FY2014 FY2015 Key milestones  Ramp up mining fleet to 420k  600k BCM/month BCM/month initially, then to  Open up new satellite pits 600k BCM/month by year end  Implement controlled  Plant throughput above potent

  11. Slide 11: Positive Changes to Mining Will Generate Increased Revenue

    POSITIVE CHANGES TO MINING WILL GENERATE INCREASED REVENUE SUMMARY For personal use only  Management focused on actioning key improvements to operations and production to realise targets and continue to enhance positive cash flow at the Kanmantoo Copper Mine  Production guidance of between 80,000

  12. Slide 12: Competent Person Statements / About Hillgrove

    COMPETENT PERSON STATEMENTS ABOUT HILLGROVE For personal use only Hillgrove is an Australian mining company listed on the Australian Securities Exchange (ASX: HGO) focused on the operation of the Kanmantoo Copper Mine in South Australia, and exploration on its Indonesian tenements. The Kanmantoo Cop

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