Genesis Minerals Limited · ASX:GMD
Genesis Minerals — Investor Presentation (May 2023)
16 slides from Genesis Minerals's investor presentation, May 30, 2023
Slide 1: On track
For personal use only On track ASX GOLD 30th May 2023
Slide 2: Important Information
Important Information IMPORTANT: YOU MUST READ THE FOLLOWING SECTION BEFORE CONTINUING For personal use only The following notices and disclaimers apply to this presentation (Presentation) and you are therefore advised to read this carefully before reading or making any other use of this Presentatio
Slide 3: Important Information: Forward-looking Statements
Important Information Forward-looking Statements For personal use only Some statements in this Presentation regarding estimates or future events are forward-looking statements. They include indications of, and guidance on, future matters. Forward-looking statements include, but are not limited to, s
Slide 4: JORC Compliance Statement (continued)
Important Information JORC Compliance Statement (continued) For personal use only The information in this Presentation that relates to Ore Reserves and Mineral Resources referable to St Barbara is extracted from Genesis' ASX announcement dated 17 April 2023 and entitled “Reporting on St Barbara’s Le
Slide 5: On track to create a leading Australian gold house, 100% focused on Leonora
On track to create a leading Australian gold house, 100% focused on Leonora Simple, clean, transaction: For personal use only ► Genesis to acquire St Barbara’s (SBM) Leonora assets for A$625m Dominant position in the prolific Leonora District on a cash free, debt free basis; Completion anticipated 3
Slide 6: Genesis transaction ticks all the boxes
On track to create a leading Australian gold house, 100% focused on Leonora Genesis (GMD) transaction ticks all the boxes For personal use only Strategy Consistent with “open for business” Leonora consolidation strategy first released to ASX April 20221 Pairing of GMD’s new Ulysses mine with SBM’s G
Slide 7: Logical consolidation of the Leonora District
On track to create a leading Australian gold house, 100% focused on Leonora Logical consolidation of the Leonora District: For personal use only ► Creation of the central player in the Overview tier-one Leonora District Key mines / projects • Gwalia (St Barbara) • Ulysses (Genesis) ► Home ground adv
Slide 8: Right ores in the right mills
Right ores in the right mills Processing facility Ore source Current size1,2 For personal use only Gwalia Underground Resource: 27.6Mt @ 5.5g/t for 4.9Moz ► The addition of Ulysses Underground enables “quality > quantity” mining strategy (GMD ACQUIRING) Leonora Mill PRODUCING ► Reduced mining rate t
Slide 9: Sustainable growth to +300,000 ounces per annum
Sustainable growth to +300,000 ounces per annum Simple plan with significant new mine optionality: Genesis’ VISION For personal use only +300kozpa¹ assumes delivery of near-term growth options: “The premium Australian gold producer - Sustainable, Leonora Mill - 1.4Mtpa high quality, +300kozpa” ► Gwa
Slide 10: Unique synergy #1 - Ulysses
Unique synergy #1 - Ulysses Ulysses offers an unparalleled opportunity to restore Leonora up to 200kozpa1 with lower costs and lower risk: For personal use only ► Gwalia / Ulysses operated as one mine - Two becomes one Neighbouring deposits just 35km apart Gwalia Ulysses full scale4 Combined ► Ulyss
Slide 11: Unique synergy #2 - Mt Morgans mill
Unique synergy #2 - Mt Morgans mill Mt Morgans mill and GMS offer an unparalleled opportunity For personal use only Harbour Lights to unlock value from Tower Hill (just 2km north of Gwalia): 0.7Moz Resource ► Key value driver: Mt Morgans milling solution + GMS owner- Airport operator open pit mining
Slide 12: Unique synergy #2 - Mt Morgans mill
Unique synergy #2 - Mt Morgans mill Enable re-evaluation of Reserves at lower milling Leonora mill: For personal use only and G&A costs, and lower mining costs using GMS: ► Build: 1982 (refurbished 2008) ► Capacity: ~1.4Mtpa Tower Hill: ► Available: ~0.4Mtpa ► Resource: 20,682 kt @ 1.8g/t = 1.177Moz
Slide 13: Re-building the Foundations
Re-building the Foundations Conservative management committed to “future-proofing” Leonora: For personal use only GWALIA STRATEGIC REVIEW - December half 2023 …THE LAUNCH - March quarter 2024 ► Investment to ensure a new lease of life for ► Five-year outlook including: Gwalia in the long-term: ► Pro
Slide 14: Genesis - On track
Genesis - On track Genesis transaction is on-strategy, fully-funded, and delivers unique synergies to the prolific For personal use only ► Leonora District that will generate unparalleled shareholder value ► Genesis is targeting sustainable, high-quality earnings with capital-light production growth
Slide 15: APPENDIX A - Pro-forma capitalisation
APPENDIX A - Pro-forma capitalisation Pro-forma ~A$1.3b market capitalisation, A$175m cash (excludes ~A$40m transaction costs), no debt: For personal use only Current Tranche 2 Genesis Capital raising Transaction Pro-forma Genesis Basic shares outstanding1 m 476 348 205 1,029 Price2 A$/share 1.245 1
Slide 16: Contact Details
For personal use only Contact Details: Troy Irvin Corporate Development Officer phone: +61 8 6323 9050 email: investorrelations@genesisminerals.com.au www.genesisminerals.com.au