Kingsgate Consolidated Limited · ASX:KCN
Kingsgate Consolidated — FY2009 Earnings Presentation
14 slides from Kingsgate Consolidated's earnings presentation, Aug 27, 2009
Slide 1: Low Cost Gold Production - Full Year Financials
For personal use only Kingsgate Consolidated Limited Low Cost Gold Production Full Year Financials 27 August 2009
Slide 2: Disclaimer
For personal use only Disclaimer Forward Looking Statements: These materials These materials include include forward forward looking looking statements. statements. Forward Forward looking looking statements statements inherently inherently involve involve subjective subjective judgment judgment &&
Slide 3: Increasing Revenue & Profit
For personal use only Increasing Revenue & Profit Solid profit Solid profit from from strong strong second second half half Profit: $32.5M year performance year performance EPS: 35c/share Chatree returns Chatree returns to to full full production production 2nd Half Turnaround Higher average Higher
Slide 4: Return to Dividends
For personal use only Return to Dividends Solid Cash $30 Million $30 Million at at hand hand Position No debt No debt Return to 15 cent 15 cent per per share share Dividends fully franked fully franked dividend dividend
Slide 5: Income Statement - Solid Base
Income Statement - Solid Base $ Million : 2008-09 2007-08 For personal use only Revenue Gold/Silver 113 74 Interest 1 2 Investment Sales - 44 Mining Costs (49) (39) Employee Costs (12) (8) Admin Costs (8) (6) D&A (12) (9) Finance Costs (2) (4) Exploration / Development - (1) Hedge FX Accounting 2 (5
Slide 6: Operations: Financial Impact
For personal use only Operations: Financial Impact nd Return to Full Production in 2nd Half New pits New pits commenced commenced at at Chatree Chatree North North Operations returned Operations returned to to full full production production in in Jan Jan ’09 ’09 Higher grade Higher grad
Slide 7: Kingsgate's Value Drivers
For personal use only Kingsgate’s Value Drivers Lowest cost gold producer on ASX200 Gold Production Increasing 120-140,000 oz forecast FY10 Low cost / high margin gold operation Chatree Chatree Growing reserves / resources Expanding to double throughput Gold Belt Solid bala
Slide 8: Growing Thai Gold
Growing Thai Gold Chatree North For personal use only Mining Leases Thai focus - listed in ASX 200 Key asset - Chatree Gold Mine Gold producer for 7 years Mine life 14 years or 7-10+ years with expansion Rural area; good infrastructure A$30 million cash; no debt ASX:KCN Mkt Cap: ~A$650
Slide 9: Production Ramp-up Half
nd For personal use only Production Ramp-up 2 Half Successful Ramp-up •Increased ounces •Increased grade Lowest Cash Cost/ounce on ASX200 76,028ozs @ US$288/oz K East A Pit New mining areas opening up
Slide 10: Lowest Cost Gold Producer on ASX200
Lowest Cost Gold Producer on ASX200 Price (US$)use only Lowest 10% of World Production 1000 Kingsgate in Kingsgate in 800 Global Cash Cost lowest quartile lowest quartile Curve 2008 personal 600 Low unit Low unit cost cost per tonne per tonne 400 treated: treated: Global Cash Cost Average 20
Slide 11: Access to Higher Grades
For personal use only Access to Higher Grades C North C North high high grades grades (>3g/t) (>3g/t) Mining A Pit & C North Slip slowed Slip slowed production production profile profile Higher grades & varies & varies short short term term forecast forecast A Hill C North Underpass for Chatree Nort
Slide 12: 3D Section, A Pit, Chatree North
3D Section, “A” Pit, Chatree North A Hill A Hill Current For personal use only Recent Mining drilling 30m @ 16g/t gold 12m @ 30g/t gold Resource ‘A’ Pit + 300g/t silver Higher 1.8 Moz Gold Drilling grade Reserve ‘A’ Pit focus underground 1.1 Moz Gold potential for late ‘09
Slide 13: Future's Improving
For personal use only Future’s Improving Production Growth Successful Ramp-up Successful Ramp-up Costs reduced reduced Higher Grades Costs Resource Growth Drilling extensions Drilling extensions to to orebodies orebodies Resource growth growth within within leases leases Extend mining areas Resource
Slide 14: For personal use only
For personal use only
Kingsgate Consolidated — FY2009 Earnings Presentation on 6ix