Slide 1: December 2018 Half Year Presentation
December 2018 Half Year Presentation 19 February 2019 Access this presentation at: http://webcasting.brrmedia.com/broadcast/5c 5783f9a5daa339d94c6db8 or http://www.sandfire.com.au Slide : 1
Slide 2: Important Information and Disclaimer
Important Information and Disclaimer This presentation has been prepared by Sandfire Resources NL (Sandfire). This document contains background information about Sandfire current at the date of this presentation. The presentation is in summary form and does not purport to be all inclusive or complet
Slide 3: Operating Results – 1HFY2019
Operating Results – 1HFY2019 Karl Simich – Chief Executive Officer Slide : 3
Slide 4: 1HFY2019 in Review
1HFY2019 in Review ► 1HFY2019: 34,813t of contained copper and 21,567oz of contained gold produced; C1 US$0.87/lb ► FY2019 guidance maintained: upper end of both 63-67kt of contained copper and 37-40koz of contained gold; C1 costs lowered to ~US$0.90-0.95/lb ► Safety TRIFR: 7.3 (December 2018) vs 7.
Slide 5: Financial Results – 1HFY2019
Financial Results – 1HFY2019 Matthew Fitzgerald – Chief Financial Officer Slide : 5
Slide 6: Financial Results for the Half Year ended 31 December 2018
Financial Results for the Half Year ended 31 December 2018 Sandfire maintains strong financial performance ► Revenue of $272.3M post treatment and refining charges and price adjustment losses from value of metal payable sold of $303.5M ► Strong cash flow from operating activities of $97.5M ($121.9M
Slide 7: Sandfire continues dividend payments
Financial Results for the Half Year ended 31 December 2018 Sandfire continues dividend payments ► Maintaining dividend stream from profitable operations ► Interim dividend for 1HFY2019 of 7.0cps (fully franked) ► Continuing to balance shareholder returns and growth (dividends, business development a
Slide 8: Half Year ended 31 December 2018 – Income Statement
Half Year ended 31 December 2018 – Income Statement Income Statement Review – Key Results USD/mt AUD/mt AUD/USD Spot ($000) Dec 2018 Dec 2017 LME Copper Cash Price Per Metric Tonne ($) Revenue 272,286 277,434 Profit before net finance income and 70,144 84,193 income tax expense Net finance income 2,
Slide 9: Half Year ended 31 December 2018 – Balance Sheet: Assets
Half Year ended 31 December 2018 – Balance Sheet Balance Sheet Review - Assets ($000) Dec 2018 Jun 2018 ►Cash of $179.0M – increase from ASSETS operations offset by acquisition of Cash and cash equivalents 179,022 243,367 Talisman Mining Ltd’s 30% Springfield Trade and other receivables 13,854 13,77
Slide 10: Half Year ended 31 December 2018 – Balance Sheet: Liabilities
Half Year ended 31 December 2018 – Balance Sheet Balance Sheet Review - Liabilities ($000) Dec 2018 Jun 2018 ► Income tax payable - $51M paid LIABILITIES during the half year Trade and other payables 49,397 39,898 ► Deferred tax liability – a result of Interest bearing liabilities 445 1,611 taxable
Slide 11: Summary and Outlook
Summary and Outlook Continued strong outlook for FY2019 and beyond ► Consistent, low-cost copper-gold production • 1HFY2019: 34,813t of contained copper and 21,567oz of contained gold produced; C1 US$0.87/lb • FY2019 guidance maintained: upper end of both 63-67kt of contained copper and 37-40koz of
Slide 12: Contact Details: Sandfire Resources NL
Contact Details: Sandfire Resources NL Registered Office and Principal Place of Business Level 2, 10 Kings Park Road, West Perth, Western Australia 6005 T +61 8 6430 3800 / F +61 8 6430 3849 www.sandfire.com.au Slide : 12