Slide 1: FY18 Full Year Results Presentation
ASX Code: AMI Building the Next Mid-Tier Gold and Base Metals Producer • Can we get access to some images of Peak to use on the cover here? FY18 Full Year Results Presentation 27 August 2018 Jim Simpson, Managing Director & CEO Tim Churcher, Chief Financial Officer & CoSec This presentation is a sum
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: FY18 Financial Results Summary
FY18 Financial Results Summary • FY18 a transformational year for Aurelia – operational diversity & cash flow enhanced with Peak acquisition • Gold production more than doubled to 97,374 oz at an AISC of $509/oz • 127% increase in sales revenue to $249M, relative to the prior year (70% from gold) •
Slide 4: Profit – driven by increased metal production at lower cost
FY18 Profit – driven by increased metal production at lower cost • An exceptional year driven by strong gold and base metal production • Key profit driver being the 113% increase in gold production at 47% lower Group AISC • Hera produced a record 59,822 oz at an AISC of $430/oz (full year) • Peak pr
Slide 5: Profit – key contributions
FY18 Profit – key contributions • Hera increased profit contribution from increased gold, lead and zinc volumes, at higher metal prices ($25.8M from gold and $20.9M from base metals) • Increased throughput and activity at Hera resulted in increased operating costs • Peak contributed EBITDA of $62.6M
Slide 6: Revenue contribution
FY18 Revenue contribution • Aurelia’s revenue is predominantly gold in nature (70%) • By-product contribution from copper, lead and zinc (addition of copper from Peak). • Future revenue mix will depend on the outcome of exploration at Hera and Peak for high grade gold extensions. • The contribution
Slide 7: Cash Flow
FY18 Cash Flow • Hera cash flow ($77.5M after site capital) supported early Glencore debt repayments and the Peak acquisition • The $93.4M acquisition cost for Peak largely repaid in the first quarter of ownership • Equity of $85M funded the acquisition, supported working capital and enabled debt re
Slide 8: Balance Sheet
FY18 Balance Sheet • Significantly improved balance sheet with elimination of all debt and build in cash • Current balance sheet and cash flow planned to fund internal projects under consideration (Peak Pb/Zn process expansion, Great Cobar mine development, Nymagee mine development and Hera Cu circu
Slide 9: Financial Results
FY18 Financial Results For further information please see Appendix 4E and FY18 Financial Statements released to ASX on 27 August 2018 CORPORATE INFORMATION: Aurelia Metals Limited ABN 37 108 476 384 ASX Code: AMI Website: www.aureliametals.com.au Email: office@ aureliametals.com.au Registered Office