Caledonia Mining Corporation Plc · AMEX:CMCL
Caledonia Mining — Investor Presentation (May 2022)
21 slides from Caledonia Mining's investor presentation, May 2022
Slide 1: Corporate Presentation 2022
Corporate Presentation 2022 PROFITABLE GOLD PRODUCTION, FUTURE GROWTH
Slide 2: Disclaimer
Disclaimer This presentation does not constitute, or form part of, any offer to sell or issue or any solicitation of any offer to purchase or subscribe for, any shares in Caledonia Mining Corporation Plc (“Caledonia”), nor shall it (or any part of it) or the fact of its distribution, form the basis
Slide 3: A Strategy Focused on Genuine Returns for our Shareholders
A Strategy Focused on Genuine Returns for our Shareholders Central Shaft: Significant Committed to Attractive new near-term, increase return money opportunities low-risk growth in production in to shareholders 2022 NYSE/AIM/VFEX: CMCL 3
Slide 4: Caledonia Mining Overview
Caledonia Mining AN OVERVIEW A HIGHLY PROFITABLE CASH GENERATIVE GOLD PRODUCER WITH A STRONG GROWTH PROFILE • Established, profitable gold producer expanding AN ESTABLISHED MINE WITH SUBSTANTIAL PLANNED production from the Blanket Mine in the Gwanda PRODUCTION GROWTH AND COST REDUCTION Greenstone Be
Slide 5: Dividend
Dividend COMMITTED TO RETURN MONEY TO SHAREHOLDERS QUARTERLY DIVIDEND PAYMENTS 16 Quarterly dividend of 14 US$0.14 (14c) 12 Dividend yield 10 3.7% US Dollars *as 27 April 2022 8 6 Dividend payer since 4 2012 2 0 104% Increase Q1 2018Q2 2018Q3 2018Q4 2018Q1 2019Q2 2019Q3 2019Q4 2019Q1 2020Q2 2020Q3 2
Slide 6: Environment, Social & Governance
Environment, Social & Governance CALEDONIA IS A SOCIALLY CONSCIOUS & RESPONSIBLE BUSINESS CORPORATE GOVERNANCE & ETHICS HEALTH & SAFETY OUR PEOPLE • We operate on Honesty, Integrity, Respect & • We aim for a zero-harm work environment with • 100% of our employees are Zimbabwean, and Trust, and our C
Slide 7: Central Shaft
Central Shaft NEAR-TERM GROWTH 7
Slide 8: Investing in growth to 80koz/year from 2022
Investing in growth to 80koz/year from 2022 CONSTRUCTING A NEW MINE BELOW THE CURRENT WORKINGS (2015 TO 2022) Central Shaft will 6m diameter, 4-compartment shaft M&I Resources of 902koz (8.53Mt) at result in a major from surface to 1,200m 3.29g/t, Inferred resources of 866koz improvement in Commissi
Slide 9: New Central Shaft allows development of sub-750m zones
New Central Shaft allows development of sub-750m zones CONSTRUCTING A NEW MINE BELOW THE CURRENT WORKINGS CENTRAL SHAFT NO. 4 SHAFT JETHRO SHAFT 22 LEVEL (750M) Plan illustrative and not to scale NYSE/AIM/VFEX: CMCL 9
Slide 10: Solar PV Project
Solar PV Project OUR DRIVE TOWARDS A MORE SUSTAINABLE FUTURE APPROVED THE CONSTRUCTION OF A 12MW SOLAR PLANT AT A COST OF APPROXIMATELY $14 MILLION • Expected to provide approximately 27% of Blanket’s total daily electricity demand: reduce Blanket’s dependence on grid power and improve the quality a
Slide 11: New Opportunities
New Opportunities 11
Slide 12: The Zimbabwe Opportunity
The Zimbabwe Opportunity CALEDONIA IS ACTIVELY PURSUING NEW OPPORTUNITIES IN ZIMBABWE Zimbabwe has historically produced over 45 million ounces of gold Prior to 2000, Zimbabwe produced more gold than Mali, Tanzania, Burkina Faso, the DRC and Guinea Several prolific gold belts with potential for furt
Slide 13: The Zimbabwe Opportunity: Maligreen
The Zimbabwe Opportunity MALIGREEN Purchased the mining The total cash The property contains a Significant historical claims over the project consideration of $4 million NI 43-101 compliant exploration & evaluation situated in the Gweru inferred mineral resource work conducted on the mining district
Slide 14: Zimbabwe
Zimbabwe SINCE MUGABE THE GOVERNMENT HAS BEEN TRYING TO IMPROVE THE COUNTRY’S BUSINESS CLIMATE AND MAKE IT MORE ATTRACTIVE TO INVESTORS • Indigenisation requirement for all mines to be 51% owned by indigenous shareholders was scrapped in March 2019 • Exporters listed on the Victoria Falls Stock Exch
Slide 15: Outlook
Outlook A COMPANY IN THE ASCENDANCE 15
Slide 16: Caledonia's Vision
Caledonia’s Vision Target production from Central Shaft of 80,000 ounces a year Balance returning money to shareholders and investing in the Company's growth. Continues to evaluate investment opportunities in Zimbabwe and elsewhere to de-risk the business from being a single asset producer. The stra
Slide 17: Contacts
Contacts Website: www.caledoniamining.com Twitter: @CaledoniaMining Investment Research WH Ireland: www.whirelandplc.com Cantor Fitzgerald: www.cantor.com Share Codes: NYSE American / AIM / VFEX – CMCL Standard Bank: www.standardbank.com Caledonia Mining VFEX Advisor: IH Group AIM Broker/Nomad: Cenk
Slide 18: Appendix
Appendix A RESPONSIBLE MINER 18
Slide 19: Local Shareholdings in Blanket
Local Shareholdings in Blanket • Caledonia was the first indigenised Zimbabwean gold miner: 51% of Blanket was sold or donated to indigenous Zimbabweans in 2012 • 10% was bought by trust in favour of Blanket’s employees • 16% was bought by the National Indigenisation and Economic Empowerment Fund of
Slide 20: Corporate Overview
LISTING AND TRADING Corporate Overview Share price $14.72 STRONG, EXPERIENCED MANAGEMENT TEAM AND BOARD OF DIRECTORS (27 April 2022) Market Cap $183m (27 April 2022) RELATIVE PERFORMANCE VS GDXJ SHAREHOLDERS 52 week low/high (US$) 6.51– 29.39 12M Avg. daily liquidity 4% 70,654 (shares/day) 16% 7% CA
Slide 21: COVID-19
COVID-19 Continued support to the local Operations continued during the community in 2021 to assist with the further restrictions in 2021 Covid-19 pandemic: Phakama Clinic All Blanket Mine employees are fully vaccinated Progress on Central Shaft and the Solar Project was adversely affected by Covid-