Ramelius Resources Limited · ASX:RMS
Ramelius Resources — Shareholder Meeting (November 2022)
20 slides from Ramelius Resources's shareholder meeting presentation, Nov 24, 2022
Slide 1: Ramelius Resources 2022 Annual General Meeting
For personal use only 24 November 2022 RAMELIUS RESOURCES LTD 2022 ANNUAL GENERAL MEETING Ramelius Resources Ltd (ASX:RMS) provides a copy of the: (a) Chair’s address; and (b) corporate presentation, 24 November 2022 ahead of its Annual General Meeting today, 24 November 2022, from 11am (WST). This
Slide 2: Chair's Address: Welcome and FY22 Results
Ramelius Resources Limited ACN: 001 717 540 Ramelius Resources Limited PO Box 6070 East Perth WA 6892 Level 1, 130 Royal Street, East Perth WA 6004 Tel: (08) 9202 1127 For personal use only Ladies and gentlemen, welcome to the 20th Annual General Meeting of Ramelius Resources Limited (ASX: RMS) (Ram
Slide 3: Chair's Address: Financial Strength and Operations
- Underlying Net profit after tax of $73 million; and - Net cash and bullion as at the end of June of $172.9 million after the acquisition of Apollo Consolidated and development of our new Penny Mine. For personal use only I am quoting “Underlying” performance figures as we did take a non- cash impa
Slide 4: Chair's Address: Edna May, Penny and Growth
and the series of open pits at our Marda operation. The team at Edna May has consistently performed since we acquired the operation in 2017. We continue to assess the Edna May Stage 3 pushback however we have found that, while gold prices remain strong, especially in Australian dollar terms, the esc
Slide 5: Chair's Address: Resources, Exploration and Diversity
Resources by a further 15% to 6.2 million ounces after mining depletion. Reserves were once again steady at 1.1 million ounces. With a view to further growth, the Company has budgeted to spend $25 million on exploration and resource development this financial For personal use only year, though it is
Slide 6: Chair's Address: Decarbonisation and Board
our actual decarbonisation journey. We are encouraged that our CO2 emissions intensity (in terms of emissions per ounce of gold produced) is lower than the gold industry average (please refer to the Sustainability Report). However we are well aware that this is driven largely by grade and open pit s
Slide 7: Thank you
Thank you. For personal use only ___________________________________________________________________________________________________________________________ www.rameliusresources.com.au Page 6 of 6
Slide 8: An Australian Gold Growth Story
Ramelius Resources Limited For personal use only Tim Manners Chief Financial Officer ASX:RMS An Australian Gold Growth Story ANNUAL GENERAL MEETING • NOVEMBER 2022 4 November 2022
Slide 9: Qualification: Forward Looking Statements
QUALIFICATION Forward Looking Statements For personal use only This presentation contains certain forward looking statements with respect to Ramelius Resources Ltd’s (Ramelius) financial condition, results of operations, production targets and other matters that are subject to various risks and unce
Slide 10: Corporate Summary
CORPORATE SUMMARY Corporate Structure Gold Guidance For personal use only Market Cap1 A$715M @ A$0.82 per share FY22 Production3 258,625oz @ AISC A$1,523/oz Cash & Gold2 A$177.2M FY23 Guidance4 240,000 – 280,000oz @ AISC of A$1,750 – 1,950/oz Debt2 Nil (Undrawn A$100M facility) Mineral Resources5 6.
Slide 11: Mission, Values, Strategy and the Essentials
MISSION, VALUES, STRATEGY AND THE ESSENTIALS For personal use only ANNUAL GENERAL MEETING • NOVEMBER 2022 7
Slide 12: FY22 Highlights – Building Our Sustainability Profile
FY22 HIGHLIGHTS – BUILDING OUR SUSTAINABILITY PROFILE For personal use only ANNUAL GENERAL MEETING - NOVEMBER 2022 8
Slide 13: FY22 Production Highlights
FY22 PRODUCTION HIGHLIGHTS For personal use only 258,625 oz prod. ↑ 5% on 2021 A$2,399/oz sold ↑ 5% on 2021 A$1,523/oz AISC ↑ 16% on 2021 ANNUAL GENERAL MEETING - NOVEMBER 2022 9
Slide 14: FY22 Underlying Financial Results
FY22 UNDERLYING FINANCIAL RESULTS For personal use only $603.9M $36.2M Revenue Underlying cash flow1 ↑ ↑ 5% on 2021 76% on 2021 $292.8M $172.9M Underlying EBITDA2 Cash & gold on hand ↑ ↑ 13% on 2021 26% on 2021 $73.0M 1.0 cps Underlying NPAT2 Final dividend ↑ 40% on 2021 ↑ 1.5cps on 2021 1 Underlyin
Slide 15: 3-Year Outlook
3-YEAR OUTLOOK* ➢ Includes Ore from: For personal use only ▪ Mt Magnet – Eridanus, Hill 60, Shannon, Galaxy, Vivien & Penny ▪ Edna May – Edna May underground, Tampia, Marda & Symes ➢ Production maintained between 250 – 300,000 oz p.a.^ ➢ AISC declining towards A$1,500/oz^ ➢ Expansion of AISC margin
Slide 16: Penny – Developing the Second Ore Drive
PENNY - DEVELOPING THE SECOND ORE DRIVE ➢ Mineral Resources - 530kt @ 17.2g/t for 290koz1 For personal use only . ➢ Ore Reserve - 490kt @ 15.0g/t for 230koz1 ➢ All upfront capital works complete, except for haul road upgrade – commenced ➢ Campaign haulage started this week; first ore through Mt Magn
Slide 17: Ramelius – Strong Cash Flows H2 FY23 and Beyond
RAMELIUS – STRONG CASH FLOWS H2 FY23 AND BEYOND For personal use only Proven management team adept in either greenfields development or Operational Excellence refurbishment & operation of both open pit and underground mines Strong balance sheet, disciplined approach to capital management with a Bala
Slide 18: Thank You
For personal use only THANK YOU ANNUAL GENERAL MEETING - NOVEMBER 2022 14
Slide 19: Appendix – 2022 Mineral Resource Statement
APPENDIX 1 - 2022 MINERAL RESOURCE STATEMENT For detailed information relating to Mineral For personal use only Resources see ASX Releases (RMS) “Resources and Reserves Statement 2022”, 13 September 2022. The Company confirms that it is not aware of any new information or data that materially affect
Slide 20: Appendix – 2022 Ore Reserve Statement
APPENDIX 2 - 2022 ORE RESERVE STATEMENT For detailed information relating to Ore Reserves For personal use only see ASX Releases (RMS) “Resources and Reserves Statement 2021”, 13 September 2022. The Company confirms that it is not aware of any new information or data that materially affects the info
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