Slide 1: Half Year Results Presentation, 23 February 2024
23 FEBRUARY 2024 ASX/TSX: PRU | WWW.PERSEUSMINING.COM
Slide 2: Cautionary Statements
CAUTIONARY STATEMENTS COMPETENT PERSON STATEMENT: CAUTION REGARDING FORWARD LOOKING INFORMATION: All production targets referred to in this report are underpinned by estimated Ore Reserves which have been prepared by This report contains forward-looking information which is based on the assumptions,
Slide 3: December 2023 Half Year: A Market-Leading Performance
DECEMBER 2023 HALF YEAR: A MARKET-LEADING PERFORMANCE GOLD PRODUCED ALL-IN SITE COST AVG GOLD SALE PRICE NOTIONAL CASHFLOW(1) NET CASH & BULLION 261,577 oz US$979 US$1,951/oz US$254M US$642M(2) At 31-Dec-23 Upper half of Below cost guidance Up 4% Up 7% Increase of $120m guided production from H2 FY2
Slide 4: Translated to Strong Performance Across All Key Financial Metrics
TRANSLATED TO STRONG PERFORMANCE ACROSS ALL KEY FINANCIAL METRICS REVENUE PROFIT AFTER TAX OPERATING CASH FLOW (2) NET TANGIBLE ASSETS INTERIM DIVIDEND US$489.0M US$164.7M US$211.2M US$1,285M 1.25 Australian cents Up 10%(1) Up 21%(1) Up 2%(1) Up 16%(1) per share (1) H1 FY24 compared to H1 FY23 (2) N
Slide 5: Growth in Earnings
GROWTH IN EARNINGS(1) Revenue EBITDA (2) Gross Profit from US$280.5M Operations US$489.0M Up 10% Up 18% US$210.3M Up 26% Profit after tax Basic Earnings Earnings Per Per Share (3) Ounce (4) US$164.7M Up 21% 10.61cps US$655.88 Up 19% Up 26% (1) H1 FY24 compared to H1 FY23 (2) Gross profit from operat
Slide 6: Growth in Cashflow
GROWTH IN CASHFLOW (1) (2) CASHFLOWS FROM OPERATIONS (US$M) 250.0 Operating Cash Flow from Operations US$211.2M (2) 200.0 Up 2% 150.0 Operating Cash Flow Per Share 15.40cps (3) 100.0 Up 1.6% Operating Cash Flow Per Ounce 50.0 US$807 (4) Up 4.7% - H1 FY2020 H1 FY2021 H1 FY2022 H1 FY2023 H1 FY2024 (1)
Slide 7: No Debt
GROWTH IN NET TANGIBLE ASSETS NET CASH POSITION US$ MILLION Cash and bullion(1) 642 NO DEBT Total Interest-Bearing Liabilities - US$300m of undrawn capacity Net Cash Position 31 December 2023 642 TOTAL ASSETS NET TANGIBLE ASSETS NET TANGIBLE ASSETS PER SHARE US$1.8B US$1.3B US$0.94 PERSEUS MINING 7
Slide 8: Trend of Gold Production at Attractive Margins Continues
TREND OF GOLD PRODUCTION AT ATTRACTIVE MARGINS CONTINUES • All 3 mines performing well, consistently achieving or exceeding production & AISC market guidance • While gold production and AISC have been consistent period-on- period, gold price has risen • Cash margin has been steadily rising leading t
Slide 9: Production & Cost Market Guidance – June 2024 Half Year
PRODUCTION & COST MARKET GUIDANCE – JUNE 2024 HALF YEAR PARAMETER UNITS DECEMBER 2023 JUNE 2024 HALF 2024 FINANCIAL HALF YEAR (ACTUAL) YEAR FORECAST YEAR FORECAST Yaouré Gold Mine Production Ounces 134,379 100,000 to 113,000 235,000 to 247,000 All-in Site Cost USD per ounce 805 $1,150 to $1,300 $900
Slide 10: Interim Dividend Declaration
INTERIM DIVIDEND DECLARATION ➢ Perseus’s Dividend Policy aims to reward shareholders while maintaining balanced capital structure and capacity to fund corporate growth. ➢ Considering Perseus’s H1 FY24 financial performance, the Board has declared an Interim Dividend of: ▪ 1.25 Australian cents per s
Slide 11: For more information please contact
For more information please contact: This presentation was authorised for release by Lee-Anne de Bruin Perseus Chairman and Chief Executive Officer, Jeff Quartermaine Chief Financial Officer Leeanne.debruin@perseusmining.com ASX/TSX: PRU | WWW.PERSEUSMINING.COM