Mountain Province Diamonds Inc. · OTC:MPVDF
Mountain Province Diamonds — Q4 2021 Earnings Presentation
16 slides from Mountain Province Diamonds's earnings presentation, Mar 29, 2022
Slide 1: Q4 & FY 2021 Webcast
TSX: MPVD Q4 & FY 2021 Webcas t TITLE SLIDE M a rc h 2 9 th, 2 0 2 2 1 WWW.MOUNTAINPROVINCE.COM
Slide 2: Forward Looking Statement
FORWARD LOOKING STATEMENT Cautionary Statement Regarding Forward Looking Information This Presentation contains certain “forward-looking statements” and “forward-looking information” under applicable Canadian and United States securities laws concerning the business, operations and financial perform
Slide 3: Notes to Investors
NOTES TO INVESTORS Non-IFRS Financial Performance Measures The Company has included non-IFRS measures in this presentation: adjusted EBITDA, adjusted EBITDA Margin (%), cash cost of production per tonne, cash cost of production per carat, and sustaining capital expenditures. The Company believes tha
Slide 4: Management
MANAGEMENT Mark Wall, MBA, FAusIMM Steven Thomas, FCA Reid Mackie President and Chief Executive Officer Chief Financial Officer (CFO) VP and Head of Diamond Marketing (CEO) • Over 25 years of mining industry experience across the spectrum of • Twenty-five years of financial and mining industry exper
Slide 5: Diamond Industry Fundamentals
DIAMOND INDUSTRY FUNDAMENTALS Market Rebound From 2020 Lows Remains Extremely Robust Subdued Supply Growth + Healthy Demand • In 2022, global natural diamond production has remained at multi-year • In 2021 Producers increased production volumes and pulled from lows in volume terms but rebound year-o
Slide 6: New NI 43-101 Technical Report Highlights
NEW NI 43-101 TECHNICAL REPORT HIGHLIGHTS Post-Tax NPV C$964M After-Tax/Royalty NPV Attributable to Mountain Province Diamonds Pre-Tax NPV C$ 1,233M Pre-Tax/Royalty NPV Attributable to Mountain Province Diamonds Reserve / Resources Growth 2.6M Carats in Reserve additions, before depletion Resource a
Slide 7: Q4 and FY 2021 Production Highlights
Q4 and FY 2021 PRODUCTION HIGHLIGHTS Q4 2020 Q4 2021 FY 2020 FY 2021 Ore and waste mined Tonnes 9,796 10,813 ‘000s 35,870 35,447 (100% basis) Ore mined Tonnes 840 1,020 ‘000s 3,287 3,561 (100% basis) Tonnes Treated ‘000s 736 813 (100% basis) 3,246 3,083 2.07 1.86 Grade (cts/t) 2.01 2.02 MPV Carats r
Slide 8: Q4 and FY 2021 Financial Highlights
Q4 and FY 2021 FINANCIAL HIGHLIGHTS (All figures in CAD unless otherwise specified) Q4 2020 Q4 2021 (‘000s) CAD FY 2020 FY 2021 $35,152 $25,000 Cash Position $35,152 $25,000 $31,813 $0 Dunebridge Revolving Credit Facility $31,813 $0 $22,823 $31,664 (Loss) Earnings from Mine Operations ($1,485) $113,
Slide 9: Strong Financial Performance Continues
STRONG FINANCIAL PERFORMANCE CONTINUES REVENUE ('000) CAD ADJUSTED EBITDA ('000) CAD $94,208 $41,171 $85,144 $37,874 $37,091 $75,147 $54,224 $19,178 Q1/21 Q2/21 Q3/21 Q4/21 Q1/21 Q2/21 Q3/21 Q4/21 CASH POSITION ('000) CAD $42,488 $34,538 $25,000 $14,314 Q1/21 Q2/21 Q3/21 Q4/21 MOUNTAINPROVINCE.COM T
Slide 10: 2022 Guidance Revision
2022 GUIDANCE REVISION (all figures quoted on a 100% basis) Total tonnes mined Ore tonnes mined Ore tonnes treated Carats recovered (Ore and Waste) Unchanged vs previous Unchanged vs previous Unchanged vs previous Incremental, previously unmodeled kimberlite will be incorporated into stockpile strat
Slide 11: 2022 Guidance Revision
2022 GUIDANCE REVISION (all figures quoted on a 100% basis) Production Unit Cost Production Unit Cost Sustaining CAPEX CAD$ / t treated CAD$ / carat recovered Increase to cost guidance a reflection Increase to cost guidance a reflection Unchanged vs previous of increases in fuel costs of increases i
Slide 12: Sustainable Development
SUSTAINABLE DEVELOPMENT Northern and Indigenous Employment Northern and Indigenous Procurement 583 FTE & Contractors CAD $292M Indigenous 58% Northern Northern 42% 70% Indigenous 38% Northern spend target (60%) exceeded for the fifth consecutive year. 10 Scholarships for NT women in STEM. > $670K CA
Slide 13: Exploration – Kennady North Project
EXPLORATION – Kennady North Project Gahcho Kué Mine Geophysics-based target areas KIM-based target areas Kennady North Kennady Faraday East NA Kimberlites P29 SA Drilling at South Anomaly (SA) G6 A286 Kelvin Kimberlite MZ Kimberlite KS Ground gravity and resistivity surveys are underway on A221 P10
Slide 14: Business Strategy
BUSINESS STRATEGY 1.- Optimize the Business Focus on Safety, Operations and Costs – drive the bottom line. Realize the maximum value for the product 2.- Drive Sustainable Development Reduction in CO₂ emissions. Focus on Environmental stewardship, Indigenous capacity building & local economic develop
Slide 15: Investment Thesis: NPV $1.2B
INVESTMENT THESIS NPV $1.2B Canadian Dollars De Beers Group, an experienced Joint Venture mining partner, coupled with Mountain Province, an Pre-Tax/Royalty, 2021 published NI 43-101 experienced diamond explorer. GK NAV per share $3.78 Post-Tax/Royalty, 2021 published NI 43-101 Total Corp. Adjustmen
Slide 16: Corporate Information
CORPORATE INFORMATION WWW.MOUNTAINPROVINCE.COM info@mountainprovince.com TSX & OTCQX: MPVD CORPORATE OFFICE 161 Bay Street, Suite 1410 Toronto, ON M5J 2S1 Canada MOUNTAINPROVINCE.COM TSX: MPVD 16 Tel. +1 (416) 361-3562
Mountain Province Diamonds — Q4 2021 Earnings Presentation on 6ix