Kingsgate Consolidated Limited · ASX:KCN

Kingsgate Consolidated — H1 FY2010 Earnings Presentation

9 slides from Kingsgate Consolidated's earnings presentation, Feb 24, 2010

  1. Slide 1: Kingsgate Consolidated Limited: Half Year Financials Update

    Kingsgate Consolidated Limited Low Cost Gold Producer Growing in a Gold Province Update Half Year Financials 24 February 2010

  2. Slide 2: Disclaimer

    Disclaimer Forward Looking Statements: These materials include forward looking statements. Forward looking statements inherently involve subjective judgment & analysis & are subject to significant uncertainties, risks & contingencies, many of which are outside of the control of, & may be unknown to,

  3. Slide 3: P & L: Costs Contained

    P & L : Costs Contained Strong profit Profit: A$33M - Chatree in full production Impacted by foreign exchange Revenue: A$88M - $A7M unrealised FX Loss Thai Baht/AUD Adding back unrealised FX Loss (A$7M) ‘Underlying Profit’ Approach used by most Resource Equity Analysts A$40 million Dividend announce

  4. Slide 4: Income Statement (A$M)

    Income Statement (A$M) A$ Million : Dec 09 HY Revenue + Other Income 88.5 Direct Costs (42.9) Employee Benefits (5.7) D&A (7.6) Finance Costs (1.0) Exploration Expenses (0.1) Forex (8.0) Inventory 14.2 Other (4.9) Tax 0.7 Profit 33.2 Comparison with December 2008 Half Year not valid as mine only ret

  5. Slide 5: Low Cost Production

    Low Cost Production 69,526 oz Half Yr Gold Production Low Cost Gold US$332/oz Half Yr Cash Costs Half Year 2009 including US$72/oz Thai Royalty Production Up - Forecast: 120-140,000 oz June FY10 Upper End Forecast Will produce @ Upper End of Range Due to ‘Asian Advantage’ Lowest 20% of Unit Costs st

  6. Slide 6: Low Cost Gold Producer

    Low Cost Gold Producer Lowest 20% of World Production 1000 Low Cost Drivers: 800 Global Cash Cost Gold Price US$  Grid Power Cash Curve 2008 margin  Local workforce 600  Local suppliers Average 400 2008/09 (US$467/oz)  Efficient safe mine 200 Kingsgate Dec Half‘09 Average Gold Only  Robust depo

  7. Slide 7: Costs Maintained

    Costs Maintained Production Grade 50 2.3 2.5 2.0 40 1.7 2 43,036 1.5  Unit Costs stable 30 32,992 40,224 1.5 29,302  Costs/oz vary with grade 20 1 10 0.5 0 0 Mar 09 Jun 09 Sep 09 Dec 09 Mining av $7.30 Processing av $6.40 Site Support av $2.40 Quarterly Gold Production & Grade plus Grade Control i

  8. Slide 8: 1st Millionth oz poured Feb 2010

    1st Millionth oz poured Feb 2010 Chatree Mine History 8+ years operating 1993-95 Discovery Av Cash Costs: 2000-01 Construct 1Mtpa Plant 2001 First gold pour (Nov ’01) US$232/oz 2006 Expansion 2Mtpa Plant 2008 New Mining Leases 2010 1st millionth ounce

  9. Slide 9: Solid Investment Drivers

    Solid Investment Drivers  Low Cost Asian Gold Producer  Production Growth - Expansion  Deposit & Reserve growth potential  Satellite pit potential  New discoveries  Control of a Gold Province  3rd Largest ASX Gold Producer  Strong Financials, No debt

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