Perseus Mining Limited · ASX:PRU
Perseus Mining — H1 FY2022 Earnings Presentation
10 slides from Perseus Mining's earnings presentation, Feb 23, 2022
Slide 1: West African Gold Producer, Developer and Explorer
WEST AFRICAN GOLD PRODUCER, DEVELOPER AND EXPLORER FEBRUARY 2022 ASX/TSX: PRU | WWW.PERSEUSMINING.COM
Slide 2: Cautionary Statements
CAUTIONARY STATEMENTS COMPETENT PERSON STATEMENT: Reserve estimates was first reported by the Company in a market announcement “Perseus Mining Updates Mineral Resources and Ore Reserves” released on 24 August 2021. The Company confirms that all material assumptions underpinning those All production
Slide 3: Half Year Gold Production & AISC in Line with Guidance
HALF YEAR GOLD PRODUCTION & AISC IN LINE WITH GUIDANCE Gold Production AISC Gold Price Producing gold at Positioned for 241,164 oz US$949/oz US$1,663/oz targeted rate of future growth 500,000oz/annum PERSEUS MINING 3
Slide 4: Strong Performance Against Key Financial Metrics
STRONG PERFORMANCE AGAINST KEY FINANCIAL METRICS REVENUE PROFIT AFTER TAX OPERATING CASH FLOW (2) NET TANGIBLE ASSETS INTERIM DIVIDEND A$545.7M A$126.9M A$245.9M A$1,020.3M 0.81 cents/ps Up 90%(1) Up 159%(1) Up 137%(1) Up 20%(1) (A$) (1) HY1 FY2022 compared to HY1 FY2021 (2) Net cash inflows from op
Slide 5: Growth in Earnings
GROWTH IN EARNINGS(1) EARNINGS (A$M Revenue EBITDA (2) Gross Profit from 252 A$545.7M A$252.4M Operations Up 90% Up 101% A$153.4M Up 91% 153 PROFIT AFTER TAX 127 GROSS PROFIT FROM OPS 126 126 EBITDA FROM OPS 83 81 FY21 Profit Basic Earnings Earnings Per after tax Per Share (3) Ounce (4) 48 49 30 A$1
Slide 6: Growth in Cashflow
GROWTH IN CASHFLOW(1) CASHFLOW FROM OPERATIONS (2) (A$M) 300 Operating Cash Flow from Operations 250 245.9 A$245.9M (2) Up 137% 200 Operating Cash Flow Per Share 150 20.04cps (3) Up 132.5% 103.6 100 85.6 73.2 Operating Cash Flow Per Ounce 50 23.8 A$1,020 (4) Up 35.2% 0 H1 FY2018 H1 FY2019 H1 FY2020
Slide 7: Growth in Net Tangible Assets
GROWTH IN NET TANGIBLE ASSETS(1) NET CASH POSITION A$ MILLION US$ MILLION (2) Borrowings reduced by Cash and bullion 291.6 211.8 US$50M (A$66.6M)(3) during 6 months Total Interest Bearing Liabilities (68.9) (50.0) Net Cash Position 31 December Focus on accelerated 222.7 161.8 2021 debt reduction TOT
Slide 8: Looking Forward – H2 FY2022
LOOKING FORWARD – H2 FY2022 OUNCES OF GOLD PRODUCED H2 FY2022 PRODUCTION AND COST GUIDANCE 2022 241,164 Dec 2021 June 2022 Financial 191,246 Half Year Half Year Year Metrics Units Actual Forecast Forecast 131,269 134,980 122,659 137,386 Group Gold ounces 241,164 230k –265k 471k – 506k Production US$
Slide 9: Dividend Declaration
DIVIDEND DECLARATION ➢ Perseus’ Dividend Policy aims to rewards shareholders while maintaining balanced capital structure and corporate growth aspirations: • Perseus intends to make semi-annual dividend payments representing cumulatively, at least 1% annual yield per year. • Maiden dividend of A$0.0
Slide 10: For more information please contact
For more information please contact: This presentation was authorised for release by Lee-Anne de Bruin Perseus’s Board of Directors Chief Financial Officer Leeanne.debruin@perseusmining.com ASX/TSX: PRU | WWW.PERSEUSMINING.COM