Geo Energy Resources Ltd. · SGX:RE4

Geo Energy Resources — Q3 2022 Earnings Presentation

8 slides from Geo Energy Resources's earnings presentation, Nov 22, 2022

  1. Slide 1: 3Q2022 Results Analysts and Investors Briefing

    3Q2022 RESULTS ANALYSTS AND INVESTORS BRIEFING 22 November 2022 TUNG KUM HON CEO/DIRECTOR

  2. Slide 2: 3Q2022 Highlights

    3Q2022 Highlights • The Group sold a total of 2.4 million tonnes of coal in 3Q2022, with 1.0 million tonnes of 4,200 GAR coal from the SDJ coal mine and 1.4 million tonnes from the TBR coal mine. This was a 9% decrease from 2.6 million tonnes in 3Q2021 mainly due to harsh weather conditions in South

  3. Slide 3: 5-Year Performance

    5-Year Performance US$’000 2018 2019 2020 2021 9M2022 Revenue 299,242 249,109 306,757 641,889 533,068 Net Profit (Loss) 18,001 (47,718) 95,149 179,076 141,654 Share price 2018 – Nov 2022 We managed to ride on the trend of high coal 0.70 prices and delivered exemplary results to our shareholders. How

  4. Slide 4: Going Forward

    Going Forward • We may only achieve 11 million tonnes of production and coal sales for 2022 as the temporary export ban in January and harsher weather conditions have impacted production in 3Q2022. • For October 2022, we delivered 0.9 million tonnes of coal sales (SDJ: 0.4 million tonnes and TBR: 0.

  5. Slide 5: Share Performance

    Share Performance Key Data Total Shareholders’ Return(1) Closing (15 Nov 2022) Day Range 5 Day (7%) S$ 0.365 52 Week Range S$0.360 – S$0.370 Market Cap 1 Month (4%) 0.365 SGD 15 November 2022 0.275 – 0.580 S$513M Shares Outstanding Public Float 3 Month 0% NA 41.95%(2) BETA Rev. Per Employee YTD(4) 4

  6. Slide 6: Geo Energy shares are undervalued - trading at less than 1x EV/EBITDA

    Geo Energy shares are undervalued - trading at less than 1x EV/EBITDA Geo Energy shares are undervalued given: • US$215 million of cash as at 30 September 2022; • trailing 12-months EBITDA of US$350 million as at 30 September 2022; and • trailing 12-months net profit of US$227 million as at 30 Septe

  7. Slide 7: Industry Outlook

    Industry Outlook Coal Price • Expected to remain strong in the near term with high natural gas prices lasting until 2025 and gas supply not expected to rapidly increase due to the global supply chain disruptions. • ICI price was US$87.76 per tonne as at 15 November 2022, with the SGX M42 Futures Ind

  8. Slide 8: Thank You

    Thank You For more information, please visit www.geocoal.com © G E O E N E R G Y R E S O U R C E S

Geo Energy Resources — Q3 2022 Earnings Presentation on 6ix