Aurelia Metals Limited · ASX:AMI
Aurelia Metals — Q1 2023 Earnings Presentation
17 slides from Aurelia Metals's earnings presentation, Oct 27, 2022
Slide 1: September Quarterly Update and Outlook
rsonal use only SEPTEMBER QUARTERLY UPDATE AND OUTLOOK 27 October 2022 ASX Code: AMI
Slide 2: Forward Looking Statements
FORWARD LOOKING STATEMENTS AND OUTLOOK QUARTER UPDATE This presentation has been prepared by Aurelia Metals Limited (“AMI” or the By its very nature, production and exploration for gold and base metals is a high rsonal use only “Company”). It should not be considered as an offer or invitation to sub
Slide 3: September 2022 Quarter and Outlook
3 SEPTEMBER 2023 QUARTER AND OUTLOOK QUARTER UPDATE Integrity I Certainty I Courage I Performance rsonal use only • Peak re-sized and transition to owner mining complete, driving tonnes at lower cost and improved margin PERFORMANCE • Hera mined tonnes recovered during month of September, a 60% incre
Slide 4: Sept Q Operating Result
4 SEPTQ OPERATING RESULT AND OUTLOOK QUARTER UPDATE Production to plan; costs lower and expected to continue to track down rsonal use only SepQ JunQ Group output Metric FY23e Result Result Copper kt 0.5 1.4 2.5 Gold koz 22.5 22.0 87 Zinc kt 6.8 5.5 29 Lead kt 6.2 4.7 22 ASIC (A$/oz) 2,643 2,803 1,90
Slide 5: Performance Recovery - Peak
5 PERFORMANCE RECOVERY - PEAK AND OUTLOOK QUARTER UPDATE Scaled to manage risk and drive tonnes at lower cost rsonal use only Transition to owner mining Mine production scaled Forecast reduction in $/t to better align operations to ~550ktpa, prioritising processed from FY22 with business priorities
Slide 6: Performance Recovery - Hera
6 PERFORMANCE RECOVERY– HERA Hera gold production AND OUTLOOK QUARTER UPDATE Maximising volume as grade declines rsonal use only Improved underground 3 active stoping operating Forecast reduction in $/t loader availability and areas during improving ore processed from FY22 reduced ground support del
Slide 7: Performance Recovery - Dargues
7 PERFORMANCE RECOVERY– DARGUES AND OUTLOOK QUARTER UPDATE Solid operational performance with focus on grade Dargues gold production rsonal use only Stage 3 TSF lift completed Consent Modification Continued infill drilling and to decouple processing submitted to increase geological modelling to oper
Slide 8: Federation: A Compelling Investment
8 FEDERATION: A COMPELLING INVESTMENT Federation Feasibility Study confirms a high-grade, low capex development project, leveraging existing strategic infrastructure Summary Investment highlights rsonal use only Operations1 Zn-Pb-Cu-Au-Ag underground long-hole stoping with Capital-light development
Slide 9: Federation Progress
9 FEDERATION PROGRESS AND OUTLOOK QUARTER UPDATE Exploration decline ready for development rsonal use only • Finalisation of boxcut excavation and wall support • First blast of exploration decline occurred 12 September • 90m of exploration decline developed before being paused to allow appropriate f
Slide 10: Federation Progress
10 FEDERATION PROGRESS AND OUTLOOK QUARTER UPDATE rsonal use only Steel sets installed 90m of centreline advance Change house SEPTEMBER FY2023 27 October 2022 Aerial view of site Gatehouse and boom gates MIA Genset
Slide 11: Federation Funding Update
11 FEDERATION FUNDING UPDATE AND OUTLOOK QUARTER UPDATE Assessing optimal funding structure rsonal use only • Funding options being progressed include debt and equity at both a company and asset level • Funding discussions well progressed • Timeline remains leading example of an accelerated mine dev
Slide 12: Financial Outcomes
12 FINANCIAL OUTCOMES AND OUTLOOK QUARTER UPDATE Quarterly cashflow waterfall rsonal use only Inventory build at Peak of A$13.0M due to timing of shipments • Cash position on 30 September 2022 was A$46.5M (JunQ: A$76.7M) and liquidity of A$66.5M (JunQ: A$96.7M) SEPTEMBER FY2023 • A$4.1M of term loan
Slide 13: Appendix
13 rsonal use only APPENDIX
Slide 14: Aurelia Snapshot
14 AURELIA SNAPSHOT AND OUTLOOK QUARTER UPDATE rsonal use only Our vision is to be a mining business recognised for creating ASX: AMI exceptional value through our people and a portfolio of gold and base metals assets. Share price (26 October 2022) A$0.10 We value Integrity, Certainty, Courage and S
Slide 15: Investment Highlights
15 INVESTMENT HIGHLIGHTS AND OUTLOOK QUARTER UPDATE Compelling near-term base metals growth rsonal use only Cobar Basin reweights business towards foundational base metals with precious metals hedge • Polymetallic, minerals rich asset base with a leading position in the underexplored Cobar Basin 1 •
Slide 16: Strategy
16 SEPTEMBER FY2023 QUARTER UPDATE 27 October 2022 AND OUTLOOK rsonal use only STRATEGY
Slide 17: Contact
rsonal use only CONTACT T: +61 7 3180 5000 E: office@aureliametals.com.au Level 17, 144 Edward Street BRISBANE QLD 4000 GPO Box 7 BRISBANE QLD 4001 aureliametals.com.au