St. Barbara Ltd. · ASX:SBM
St. Barbara — Shareholder Meeting (October 2022)
22 slides from St. Barbara's shareholder meeting presentation, Oct 26, 2022
Slide 1: Presentations to 2022 Annual General Meeting and webcast
26 October 2022 Presentations to 2022 Annual General Meeting and webcast Attached are the Chair’s address and the Managing Director and CEO’s presentation to the 2022 Annual General Meeting being held today. The meeting will be held as a hybrid meeting in person at the Melbourne Hotel, 33 Milligan S
Slide 2: Chair's Address
CHAIR’S ADDRESS The present global economic climate is the most volatile and unique seen in many decades. The COVID-19 pandemic gave rise to unprecedented fiscal and monetary stimulus measures around the world. Regarding fiscal measures, in wealthier democracies, voters provided governments their ta
Slide 3: Chair's Address (continued)
invasion of Ukraine and the global competition between the Western democracies and the authoritarian regimes of China, Russia and others. These global forces have already had a profound impact on the gold mining industry and on our company, with this impact expected to continue to be felt well into
Slide 4: Chair's Address (continued)
the region have large processing capacity with lower mineral endowment. Marrying the two is a capital efficient option compared to St Barbara building the capacity, especially in the current inflationary environment. Other potential benefits from consolidation could include management synergies, com
Slide 5: Chair's Address: remuneration and outlook
price. Nonetheless, as stewards of St Barbara, the board and management are obliged to plan conservatively. For a variety of reasons, our company has had a tough few years. Notwithstanding this, we are working hard to rapidly build on the foundations of recent successes. At Leonora, the acquisition
Slide 6: Annual General Meeting October 2022
2022 Annual General Meeting 26 October 2022
Slide 7: Disclaimer
2 Disclaimer This presentation has been prepared by St Barbara Limited (“Company”). The material contained in this presentation is for information purposes only. This presentation is not an offer or invitation for subscription or purchase of, or a recommendation in relation to, securities in the Com
Slide 8: Acknowledgement of Country
3 Acknowledgement of Country We at St Barbara acknowledge the First Nations people of the ancestral lands on which we operate in Australia, Canada and Papua New Guinea. We pay our respects to all First Nations people, and to Elders past, present, and emerging. We recognise the unique cultural herita
Slide 9: Agenda
4 Agenda • Welcome • Meeting instructions • Chair’s address • Items of business per Notice of Meeting • Receive annual report • Resolutions • MD & CEO presentation • General questions (from Shareholders and Proxies) • Close meeting
Slide 10: Managing Director & CEO presentation
Managing Director & CEO presentation Craig Jetson Managing Director & CEO
Slide 11: Safety Always
Safety Always TOTAL RECORDABLE INJURY FREQUENCY RATE (TRIFR)1 5.0 3.9 3.4 3.0 2.1 FY18 FY19 FY20 FY21 FY22 1. Total Recordable Injury Frequency Rate (12 month avg.), total recordable injuries per million hours worked Atlantic Operations Emergency Response Team confined space training
Slide 12: Performance in FY22
7 Performance in FY22 FY22 Operational Results FY22 Consolidated Performance AISC -12% FY21 FY22 (A$/oz) 2,290 Gold Production koz 328 281 2,007 1,711 1,649 1,623 1,587 A$/oz 1,616 1,848 1,517 1,492 AISC Sustaining capital A$M 91 69 Growth capital A$M 49 61 Cash contribution after A$M 208 77 GOLD PR
Slide 13: Generating operating cash flow
8 Generating operating cash flow FY22 Financial Results Cash flow from Underlying EBITDA1 Underlying NPAT1 (A$M) (A$M) operating activities (A$M) 197 24 88 Underlying EBITDA Margin1 EPS Gearing ratio (%) (Underlying, A$ cents ) (Debt/Equity)2 29 3 15% 1. Non-IFRS financial measures, the details of t
Slide 14: Delivering against our three-stage uplift strategy
9 Delivering against our three-stage uplift strategy Uplift 2 Uplift 1 Uplift 3 Deliver Building Execute brownfield Grow through Brilliance in expansion projects acquisitions and operations and exploration extend mine life Gwalia organic growth Bardoc Gold - 2022 - Old Gwalia South Turning around Gw
Slide 15: Uplift 1: Turning around Gwalia
Uplift 1: Turning around Gwalia Achievements in FY22 1,200 Ore and Waste movement to 1,000 800 Increased ore delivery to surface (kt) 600 859 surface to 859kt 400 200 FY16 FY17 FY18 FY19 FY20 FY21 FY22 Ore Waste Increased development meters 3,000 Lateral Operating development 2,500 2,000 Leonora ach
Slide 16: Uplift 2: Tower Hill and Old South Gwalia deliver organic growth
11 Uplift 2: Tower Hill and Old South Gwalia deliver organic growth Tower Hill Open Pit Mineral Resource Old South Gwalia Mineral Resource 20.7mt @ 1.8g/t Au for 1.2Moz 1.9mt @ 3.7g/t Au for 218koz Railway line
Slide 17: Uplift 3: Acquisition of Bardoc accelerates the Leonora Province Plan
12 Uplift 3: Acquisition of Bardoc accelerates the Leonora Province Plan Accelerates the filling of the Leonora Processing Plant • Two advanced ore bodies ready for development • First production for Zoroastrian expected in Q1 FY24 Immediate Mineral Resource Growth • Added > 3Moz of gold to group Mi
Slide 18: The Year Ahead
13 The year The Year ahead… Ahead
Slide 19: Supplementary slides
Supplementary slides
Slide 20: Non-IFRS Measures
15 Non-IFRS Measures We supplement our financial information reporting determined under International Financial Reporting Standards (IFRS) with certain non-IFRS financial measures, including cash operating costs. We believe that these measures provide meaningful information to assist management, inv
Slide 21: Investor Relations enquiries
Investor Relations enquiries Chris Maitland Kasun Liyanaarachchi Head of Investor Relations Manager - Investor Relations T: +61 3 8660 1914 T: +61 8 9380 7854 M: +61 477 120 070 M: +61 499 538 252 E: chris.maitland@stbarbara.com.au E: kasun.liyanaarachchi@stbarbara.com.au E: info@stbarbara.com.au Sc
Slide 22: St Barbara
StBarbara