Aurelia Metals Limited · ASX:AMI
Aurelia Metals — Shareholder Meeting (November 2020)
19 slides from Aurelia Metals's shareholder meeting presentation, Nov 19, 2020
Slide 1: Managing Directors Presentation to Shareholders 2020 AGM
This presentation has been approved for release by the Board of Directors of Aurelia Metals
Slide 2: Forward looking statements
Forward looking statements This presentation has been prepared by Aurelia Metals Limited ("AMI" or the “Company’). It should not be considered as an offer or invitation to subscribe for or purchase any securities in the Company or as an inducement to make an offer or invitation with respect to those
Slide 3: Agenda
Agenda 1. FY20: The year in review 2. Business outlook 3. Our strategic pathway auretia ‘ METALS Led.
Slide 4: FY20: The year in review
aurelia METALS Ltd. FY20: The year in review
Slide 5: Sustainability
Sustainability Safety Aurelia Metals - Safe Metals program Driving a 50% reduction in TRIFR over 2 years Certainty in the controls for fatal hazards Environment Aurelia Metals - Green rules program Certainty in the controls for compliance Driving a reduction in incidents through standards and line m
Slide 6: Strategy Objectives for FY20
Strategy Objectives for FY20 Building the Next Mid-Tier Gold and Base Metals Producer Optimise existing operations * Increased development and Pb/ Zn circuit upgrade * Mine life extension and ongoing efficiency at Hera Focus on Returns + Margin over volume or commodity preference + Accelerating acce
Slide 7: Optimise existing operations
EI Optimise existing operations Driving underground efficiency and operating flexibility = Increased underground development by 43% over FY19 at Peak * Peak Pb/Zn circuit upgrade unlocks Pb/Zn-rich ore throughput = Peak throughput increased by ~23% over FY19 = Mine life extension and ongoing efficie
Slide 8: Focus on returns
Focus on returns Capital discipline = Margin over volume or commodity preference = Accelerated access to higher margin material - Kairos = Group gold production of 91 koz = 30 June 2020 Cash position of $79.1M = FY20 dividend declared (1cps) = Second consecutive annual dividend after FY19 maiden aur
Slide 9: Leverage infrastructure
Leverage infrastructure 1.2Mtpa+ combined processing capacity; extensive UG infrastructure = — Identify new high NSR material = Build further high-margin resources = Convert opportunities and extend operating lives = Peak 2020 Ore Reserve increased to 3.3Mt (+18%) - Kairos - Chronos - Peak North = A
Slide 10: Full details in ASX release 9 June 2020
▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ 1. Full details in ASX release 9 June 2020 2. See ASX releases on 13 August & 4 November 2020
Slide 11: Financials
Financials Revenue $'m 331.8 295.0 36.8 H H Profit after tax $'m 29.4 36.0 (6.6) FY20 Financial EBITDA $'m 103.4 103.1 0.3 Results oan Operating Mine Cash Flow $'m 124.6 126.7 (2.1) Su mM m a ry Net Mine Cash Flow $'m 45.3 71.8 (26.5) Group Cash Flow $'m (25.2) 37.4 (62.6) EBITDA Margin % 31% 35% -1
Slide 12: Business outlook
aurelia METALS Ltd. Business outlook
Slide 13: A solid start
Asolid start Robust September quarter performance * 12-month moving average TRIFR reduced by 32% to 14.8 = Gold production of 30.0 koz at group AISC of A$1,000/oz = Lower Kairos decline reached the elevation of the initial stoping area = Federation Scoping Study progressed well = 30 September 2020 C
Slide 14: GROUP FY21 outlook
GROUP FY21 outlook Gold (koz) 80-90 92 Lead (kt) 21.9- 24.4 21.6 Zinc (kt) 23.5 - 26.2 20.1 Copper (kt) 41-45 6.3 AISC (A$/oz) 1,500 - 1,750 1,520 FY2 1 G rou p Sustaining capital (A$M) 40-45 43 G id Growth capital (A$M) 18-21 36 Uu | a nce Exploration & evaluation (ASM) 22-26 12 Gold hedged koz) =
Slide 15: Our strategic pathway
aurelia METALS Ltd. Our strategic pathway
Slide 16: Strategy
Strategy A targeted, returns focused, extension of strategy beyond existing assets = Leverage off a strategic asset base in the Cobar Basin = Maximise returns via mine life extensions and operating discipline driving margin = Growth profile underpinned by financial discipline and tension for the $ d
Slide 17: Dargues forecast LOM schedule
▪ ▪ ▪ ▪ ▪ ▪ 1. Full details in ASX release 13 November 2020 2. The forecast Dargues LOM schedule (with an effective start date of 1 July 2020) is based on the Production Target included in the Dargues Ore Reserves estimate report (see Appendix A of Aurelia's Investor Presentation released on 13 Nove
Slide 18: Summary
Summary aurelia
Slide 19: Corporate snapshot
Corporate snapshot Major shareholders (12 Nov 2020) Perennial Value 6.8% Eley Griff 6.1% Platypus Asset Mgt 4.8% Vinva 3.8% VanEck Global 3.7% Shareholder register composition (12 Nov 2020) ™ Australian institutions International institutions = Other auretia METALS Led. ASX: AMI Share price (18 Nov