Aurelia Metals Limited · ASX:AMI
Aurelia Metals — FY2020 Earnings Presentation
20 slides from Aurelia Metals's earnings presentation, Aug 26, 2020
Slide 1: 2020 Full Year Financial Results
~ aurelia METALS Ltd. 2020 Full Year Financial Results ASX: AMI This presentation has been approved for release by the Board of Directors of Aurelia Metals
Slide 2: Forward Looking Statements
Forward Looking Statements This presentation has been prepared by Aurelia Metals Limited ("AMI" or the “Company’). It should not be considered as an offer or invitation to subscribe for or purchase any securities in the Company or as an inducement to make an offer or invitation with respect to those
Slide 3: Strategy Objectives for FY20
Strategy Objectives for FY20 Building the Next Mid-Tier Gold and Base Metals Producer Optimise Existing Operations Leverage Infrastructure * Increased development and Pb / Zn + Identify new high NSR material circuit upgrade + Extend asset operating lives * Mine life extension and ongoing efficiency
Slide 4: Sustainability
Sustainability Key Business Drivers Safety Aurelia Metals - Safe Metals program Driving a 50% reduction in TRIFR over 2 years Certainty in the controls for fatal hazards Environment Aurelia Metals - Green rules program Certainty in the controls for compliance Driving a reduction in incidents through
Slide 5: Highlights
Highlights ‘On-Strategy’ Execution NSR and Margin Approach Extension of Strategy to Continue Beyond Current Assets Peak Pb / Zn circuit delivered, = Group gold production guidance = The ‘shaping up’ of Federation development up 43% midpoint of 85koz at AISC of becoming significant A$1,625/0z Group g
Slide 6: FY20 Financial Results
aurelia METALS Ltd. FY20 Financial Results
Slide 7: FY20 Financial Results Summary
Financials FY19 Change Revenue $'m 331.8 295.0 36.8 5 6 Profit after tax $'m 29.4 36.0 (6.6) FY20 Financial EBITDA $'m 103.4 103.1 0.3 Results oan Operating Mine Cash Flow $'m 124.6 126.7 (2.1) Su mM m a ry Net Mine Cash Flow $'m 45.3 71.8 (26.5) Group Cash Flow $'m (25.2) 37.4 (62.6) EBITDA Margin
Slide 8: Net sales price impact +A$48.6m
▪ ▪ ▪ ▪ Net sales price impact +A$48.6m
Slide 9: Net Profit
Net Profit = 43% increase in development metres at Peak accounts for the vast majority of the increased mining costs = Higher processing and transport costs primarily driven by increased throughput at Peak and base metal volumes = Inventory movement was due to a reduction in base metal concentrate a
Slide 10: Cash Flow
Cash Flow Group Cash Flow (A$M) = Netcash position of $79.1m (30 June 2019: $104.3m) 140 120 = Combining investment in growth and exploration with shareholder returns 100 = Growth capital comprising entirely of the Pb/Zn circuit upgrade at Peak = Exploration investment increased by $5.3m (77% increa
Slide 11: Business Outlook
aurelia METALS Ltd. Business Outlook
Slide 12: GROUP FY21 outlook
GROUP FY21 outlook Gold (koz) 80-90 92 Lead (kt) 21.9 - 24.4 21.6 Zinc (kt) 23.5 - 26.2 20.1 Copper (kt) 41-45 6.3 AISC (A$/oz) 1,500 - 1,750 1,520 FY2 1 G rou p Sustaining capital (ASM) 40-45 43 G id Growth capital (A$M) 18-21 36 Uu I a nce Exploration & evaluation (ASM) 22-26 12 Gold hedged (koz)
Slide 13: FY21 Guidance: By Asset
FY21 Guidance: By Asset PEAK FY21 outlook FY20 actual HERA FY21 outlook FY20 actual Gold (koz) 58 -63.5 46.6 Gold (koz) 22 - 26.5 45.0 Lead (kt) 12.7-14.0 12.1 Lead (kt) 9.2- 10.4 9.5 Zinc (kt) 9.6 - 10.5 6.7 Zinc (kt) 13.9- 15.7 13.3 Copper (kt) 4.1-4.5 6.3 Copper (kt) - AISC (A$/oz) 1,350 - 1,500
Slide 14: Strategy Progression
aurelia METALS Ltd. Strategy Progression
Slide 15: Federation
Federation ‘Shaping Up’ with Significant Potential Conceptual underground mine design for Federation = Clear evidence of the value accretive, organic nature of regional investment in the drill bit = Discovery announced May 2019, Maiden Resource in June 2020": = 2,6Mt at 7.7% Pb, 13.5% Zn, 0.8g/t Au
Slide 16: Y0 Y1 Y2 Y3
400 400 350 350 300 300 250 250 200 200 150 150 100 100 50 50 0 0 Y0 Y1 Y2 Y3
Slide 17: Strategy Progression
Strategy Progression A targeted, returns focused, extension of strategy beyond existing assets = Leverage off a strategic asset base in the Cobar Basin = Maximise returns via mine life extensions and operating discipline driving margin "Growth profile underpinned by financial discipline and tension
Slide 18: Summary
Summary aurelia
Slide 19: Corporate snapshot
Corporate snapshot Major shareholders (as at 3 Aug 2020) Perennial Value 5.7% Eley Griff 5.5% Australian Super 5.5% Vinva 4.7% VanEck Global 4.2% Shareholder register composition = Australian institutions m International institutions = Other a3 auretia ‘ METALS Led. ASX: AMI Share price (25 August 2
Slide 20: Contact
Contact Telephone: +61 7 3180 5000 Email: office@aureliametals.com.au Level 17, 144 Edward Street BRISBANE QLD 4000 GPO Box 7 BRISBANE QLD 4001 aureliametals.com.au aurelia METALS Ltd. +