Slide 1: Faster, more accurate gold analysis
Faster, more accurate gold analysis Q2 FY24 - Quarterly Investor Update 24 January 2024 Dirk Treasure, Managing Director and CEO Brett Coventry, CFO
Slide 2: Important notice
Important notice The material in this presentation has been prepared by Chrysos Corporation Limited (ASX: C79) (“Chrysos” or the “Group") and is general background information about Chrysos’ current activities as at the date of this presentation. The information is given in summary form and does not
Slide 3: Financial and operating highlights
Financial and operating highlights Q2 FY24 Total Revenue1 of $10.1m, reflecting 57% growth YoY $10.1m 1.0m Total Revenue1 Samples Processed • MMAP Revenue of $8.9m, AAC Revenue of $1.2m • +29% growth YoY • +57% growth on YoY, +13% growth QoQ • +1% growth QoQ • +63% growth YoY, +14% growth QoQ (MMAP
Slide 4: Top line momentum continuing
Top line momentum continuing Secure forecastable revenue accounts for 88% of Q2 FY24 Unaudited Total Revenue Unaudited MMAP, AAC and Other Income +63% (MMAP +AAC only) ■ Minimum Monthly Assay Payments (MMAP) provide predictable and $11,000 sustainable minimum revenue $10,000 $9,000 ■ Q2 FY24 MMAP wa
Slide 5: Sample volume growth
Sample volume growth Ongoing adoption by global miners will drive quarterly volume growth Average Unit Utilisation & Samples Processed Strategically located ■ A growing network of units in global mining hubs provides revenue up-side ■ Western Australian Goldfields ■ Golden Triangle Canada 400,000 70
Slide 6: Executing on our global PhotonAssay roll out
Executing on our global PhotonAssayTM roll out Strong and sustainable growth underpinned by roll out of contracted units across the globe 25 Units Deployed1 Offices & Manufacturing Regions with PhotonAssayTM enquiries Deployed or installing regions 1. As of 24 January 2024 CHRYSOS CORPORATION LIMITE
Slide 7: Strong balance sheet to drive growth
Strong balance sheet to drive growth Successful Placement of $75m and increased debt facility to $95m $85m $95m Cash balance CBA debt facility Institutional Placement raising $75 million Additional $65 million debt facility with (before costs) the Commonwealth Bank of Australia (CBA) Positive
Slide 8: Chrysos, Barrick and MSALABS partnership
Chrysos, Barrick and MSALABS partnership Global partnership for delivery of PhotonAssayTM to Barrick mine sites across four continents Chrysos Barrick Gold MSALABS Faster, more accurate + One of the world’s largest + Fast-growing international laboratory business gold analysis gold miners ■ Three in
Slide 9: In summary
In summary Chrysos PhotonAssayTM well positioned for sustainable growth ■ Continued top line growth in Q2 FY24: ■ 13% QoQ increase in Total Revenue1 ■ 57% YoY increase in Total Revenue1 ■ 49 PhotonAssayTM units deployed or contractually-committed ■ 25 units deployed2, with 2 currently undergoing ins
Slide 10: About Chrysos
About Chrysos [Insert]
Slide 11: Chrysos – revolutionising the global mining industry
Chrysos – revolutionising the global mining industry Chrysos is a global provider of novel assay services through its proprietary PhotonAssayTM technology Disruptive Minerals Analysis Service and Lease Model with Industry Accepted Technology Technology Tier 1 Counterparties Displacing Traditional Fi
Slide 12: Our commercialisation journey
Our commercialisation journey The outcome of 20+ years of research and development Prototype Complete JORC and NI43-101 New Customer International deployment 1st PhotonAssayTM Max unit Companies cite PhotonAssayTM Announcements continues data in market announcements Barrick Bulyanhulu in Tanzania Es
Slide 13: The Chrysos Vision
The Chrysos Vision To become the world’s leading provider of innovative assay services and technologies Market Challenge: Traditional assay techniques are slow, labour intensive, complex, destructive to the assay sample, and involve Fully-quantitative analysis in as little as 2 minutes! dangerously
Slide 14: High barriers to entry
High barriers to entry High barriers to entry supported by global IP rights Barriers to competitive entry Long-term leases with Protected by global guaranteed minimums, IP rights embedded at customer site 20+ years of R&D and Superior product to the investment in technology alternative Attractive va
Slide 15: PhotonAssay technology
PhotonAssayTM technology Best in class gold assaying with measurable benefits over traditionally used methods PhotonAssayTM vs. Traditional Fire Assay1 PhotonAssayTM value proposition Fire Assay PhotonAssayTM Faster turnaround Lower costs Simple to operate Results in as little as 2 minutes Time per
Slide 16: Delivering tangible benefits for miners
Delivering tangible benefits for miners PhotonAssayTM enables timely decision making and additional gold recovery The opportunity… PhotonAssayTM is embedded in the mining value chain PhotonAssayTM Value Add ■ Each year global miners are Exploration Fast turnaround for mine estimated to lose >$2.0 bi
Slide 17: An environmentally-friendly solution
An environmentally-friendly solution Substantially better for the environment and significantly safer than fire assay PhotonAssayTM has a substantial positive environmental impact that will continue to grow in tandem with the uptake of the technology PhotonAssayTM reduces CO2 emissions and elimina
Slide 18: Large & unpenetrated TAM
Large & unpenetrated TAM Assay expenditure is a non-discretionary operating cost Existing PhotonAssayTM Reach TAM for PhotonAssayTM Units 700 610 Units 600 500 PhotonAssayTM Unit 410 On-site 400 Laboratories +561 Units Units 300 200 Off-site 100 200 Laboratories Offices & Manufacturing Regions with
Slide 19: Experienced leadership team
Experienced leadership team Supported by a well-respected and tenured board Senior leadership team Board of Directors Dirk Treasure Rob Adamson Kerry Gleeson Founding CEO & Managing Director Founder & Chairman Director • Metallurgist with a background in both • 20+ years’ experience in mining and •
Slide 20: Thank you
Thank you For more information, please visit chrysoscorp.com or contact us at investors@chrysoscorp.com