Griffin Mining Limited · LSE:GFM
Griffin Mining — H1 2021 Earnings Presentation
10 slides from Griffin Mining's earnings presentation, August 2021
Slide 1: Moving to the next level - Interim Results Presentation
GRIFFIN MINING Moving to the next level Interim Results Presentation August 2021
Slide 2: An Introduction to Griffin Mining
AN INTRODUCTION TO GRIFFIN MINING AIM:GFM Moving to the next level… Polymetallic mining company primarily Milestone licence received that will trigger the producing zinc, but also gold, silver and lead at next stage of growth the Caijiaying Mine • Mining and processing rates already • Griffin holds
Slide 3: Production at the Caijiaying Mine
PRODUCTION AT THE CAIJIAYING MINE AIM:GFM H1-2021 H1-2020 H1-2019 Ore mined tonnes 426,632 314,690 410,819 Ore processed tonnes 475,785 323,536 432,592 Zinc in concentrate produced tonnes 19,876 13,448 16,692 Lead in concentrate produced tonnes 561 631 494 Silver in concentrate produced ounces 144,7
Slide 4: Interim Results 2021
INTERIM RESULTS 2021 AIM:GFM Financial • Revenues of $54.1 million (30th June 2020 - $21.3 million) up 154% • Gross Profit of $25.7 million (30th June 2020 – $4.2 million) up 512% • Profit before tax of ($15.5 million) (30th June 2020 – Loss $3.0 million) • Profit after tax of ($10.3 million) (30th
Slide 5: Entering the Next Level of Production
ENTERING THE NEXT LEVEL OF PRODUCTION Extensive growth strategy underway AIM:GFM SIGNIFICANT ORGANIC CASH GENERATIVE POSITIVE METAL GROWTH MARKETS • Development of Zone II and • Increase in cash position • Positive supply and demand expansion at Zone III to expected in 2021 supported dynamics drivin
Slide 6: Appendix
APPENDIX 6 Griffin Mining Corporate Presentation August 2021
Slide 7: Financials
Financials AIM:GFM 6 months to 6 months to Year to 30/06/2021 30/06/2020 31/12/2020 Unaudited Unaudited Audited $000 $000 $000 Consolidated Income Statement Revenue 54,072 21,321 75,403 Cost of sales (28,401) (17,153) (42,737) Gross profit 25,671 4,168 32,666 Net operating expenses (10,209) (7,204)
Slide 8: Key Performance Indicators
Key Performance Indicators AIM:GFM 6 months to 6 months to Year to 30/06/2021 30/06/2020 31/12/2020 Unaudited Unaudited Audited Average zinc price per tonne received $2,209 $1,304 $1,645 Average gold price per troy ounce received $1,675 $1,550 $1,318 Average silver price per troy ounce $20 $20 $18 C
Slide 9: Response to COVID-19
RESPONSE TO COVID-19 AIM:GFM • The safety of our employees is of the upmost importance • A number of procedures were put in order to protect employees including; • Entry restrictions to the Caijiaying Mine • Temperature and history screening • Decontamination of all possible surfaces • Extensive new
Slide 10: Disclaimer
DISCLAIMER AIM:GFM This Presentation has been produced by Griffin Mining Ltd ( “Griffin”). This presentation is confidential and may not be reproduced or redistributed, in whole or in part, to any other person. This document contains certain forward-looking statements relating to the business, finan