Central Asia Metals Plc · LSE:CAML
Central Asia Metals — Shareholder Meeting (May 2023)
18 slides from Central Asia Metals's shareholder meeting presentation, May 2023
Slide 1: Building the Business for the Future
BUILDING THE BUSINESS FOR THE FUTURE CAML UPDATE – 2023 AGM 1
Slide 2: Disclaimer
CENTRAL ASIA METALS PLC | AGM | MAY 2023 DISCLAIMER The information contained in this confidentia l document (“Presenta tion”) has been prepared by Central Asia Metals plc (the “Com pany ”). It has not been full y verified and is subject to material updating, revision and further amendment. This Pre
Slide 3: CAML Operations
CENTRAL ASIA METALS PLC | AGM | MAY 2023 CAML OPERATIONS SASA (100%) - Underground zinc and lead mine, northeast North Macedonia - Production commenced in 1960s - Life of mine to 2039 (reserves and resources) - 2022 production, 21,473t zinc and 27,354t lead - 2023 production guidance, 19,000-21,000t
Slide 4: 2022 Results Highlights
CENTRAL ASIA METALS PLC | AGM | MAY 2023 2022 RESULTS HIGHLIGHTS BUILDING THE BUSINESS FOR THE FUTURE - Du ring 2022 - 2021 Sustainability and Climate Change Reports were EBITDA published - Construction of the Kounrad Solar Power Plant commenced in Q4 $131.6m - Tr ansition to Paste F ill mining meth
Slide 5: Kounrad Copper Operation
CENTRAL ASIA METALS PLC | AGM | MAY 2023 KOUNRAD COPPER OPERATION Ko unrad Mine E astern D umps 7 5 6 2 20 S X -EW 9 -10 p l ant 13 Western D umps 2 1a 15 1a 16 Ko unrad vi llage R emaining recoverable resources Eastern 22 c.5,400t Dumps Western c.106,200t Dumps Total c.111,600t 5
Slide 6: 2022 Kounrad C1 Copper Cash Cost
CENTRAL ASIA METALS PLC | AGM | MAY 2023 2022 KOUNRAD C1 COPPER CASH COST 2022 C1 cash cost $0.65/lb (2021: $0.57/lb) Cost 2022 2021 2022 2021 $m $m $/lb $/lb $0.08/lb cost increase includes: Reagents 3.0 3.2 0.09 0.10 – Increase in payroll costs by $0.06/lb following agreed pay rises which were eff
Slide 7: Solar Power Plant
CENTRAL ASIA METALS PLC | AGM | MAY 2023 SOLAR POWER PLANT CONSTRUCTION COMMENCED IN Q4 2022 - Scoping study undertaken in 2021, and was approved by the Board - Detailed engineering work undertaken to firm up approach and costs in H1 2022, Board approval for project reiterated - Earthworks are under
Slide 8: Sasa Zinc and Lead Mine
CENTRAL ASIA METALS PLC | AGM | MAY 2023 SASA ZINC AND LEAD MINE - Skarn hosted deposit in North Macedonia - Underground mine - Sub-level caving operation - Transitioning to paste fill mining approach in 2023 - Reserves and resources to 2039 8
Slide 9: 2022 Sasa Run of Mine Costs
CENTRAL ASIA METALS PLC | AGM | MAY 2023 2022 SASA RUN OF MINE COSTS 2022 RoM unit cost $55.6/t (2021: $44.1/t) C1 cash cost 2022 2021 2022 2021 $m $m $11.5/t increase, includes: - Increase in electricity costs driven by price rises, $6.9/t RoM mine, t 806,069 818,609 - Fixed priced electricity cont
Slide 10: The Transition to Paste Fill Mining
CENTRAL ASIA METALS PLC | AGM | MAY 2023 THE TRANSITION TO PASTE FILL MINING Central Decline development Paste Backfill Plant Dry Stack Tailings Plant is well advanced construction underway design complete - Development continues from surface and - Preparatory earthworks and service culvert - Design
Slide 11: Our Purpose-Driven Approach
CENTRAL ASIA METALS PLC | AGM | MAY 2023 OUR PURPOSE-DRIVEN APPROACH OUR STRATEGIC OBJECTIVES OUR IMMEDIATE STRATEGIC OBJECTIVES OUR PURPOSE IS TO PRODUCE BASE METALS, ESSENTIAL FOCUS ON SUSTAINABILITY SUSTAINABILITY PILLARS FOR MODERN LIVING, PROFITABLY IN A SAFE AND This objective ensures that SUS
Slide 12: 2022 Climate Change Progress
CENTRAL ASIA METALS PLC | AGM | MAY 2023 2022 CLIMATE CHANGE PROGRESS TARGET – 50% REDUCTION IN GHG EMISSIONS* BY 2030 FROM A 2020 BASE Achievements to date CAML GHG Emissions - Scope 1 & 2 - 2021 agreement to purchase Kounrad solar power project to contribute solely renewable power in North 98,068
Slide 13: Unlocking Value for Our Communities
CENTRAL ASIA METALS PLC | 2022 RESULTS PRESENTATION | MARCH 2023 UNLOCKING VALUE FOR OUR COMMUNITIES CAML FUNDED ITS CHARITABLE FOUNDATIONS WITH $0.5M IN 2022 Sasa Foundation Kounrad Foundation – PrimePoint appointed to further – Financial support for the children's develop LEAP and LEDP, workshops
Slide 14: Capital Allocation Priorities
CENTRAL ASIA METALS PLC | AGM | MAY 2023 CAPITAL ALLOCATION PRIORITIES Returns to shareholders 2022 business development activities – 2022 final dividend, 10p – 2022 full dividend, 20p (2021: 20p) 2 site visit – 47% of FCF undertaken – CAML dividend policy, 30-50% FCF – Total dividends since 2012, $
Slide 15: Supportive Shareholder Base
CENTRAL ASIA METALS PLC | AGM | MAY 2023 SUPPORTIVE SHAREHOLDER BASE SEVEN ANALYSTS ROUTINELY COVER CAML Shareholders No. shares % holding J O Hambro 14,457,051 7.96% T. Rowe Price Associates 13,960,919 7.69% BlackRock 13,504,517 7.44% T. Rowe Price International 8,806,572 4.85% Fidelity 8,804,322 4
Slide 16: Board of Directors
CENTRAL ASIA METALS PLC | AGM | MAY 2023 BOARD OF DIRECTORS BOARD OF DIRECTORS M ike Prentis N ick Clarke N i gel Robinson Gavin Ferrar R oger Davey Da vid Swan S enior Independent Director Non-Executive CEO CFO NED NED Chairman - technical experience - accounting experience NED Chair Member - Capit
Slide 17: Summary and Outlook
CENTRAL ASIA METALS PLC | AGM | MAY 2023 SUMMARY AND OUTLOOK A strong sustainable business - Strong operational and financial performance - Producing the metals essential for modern living safely and sustainably Capital allocation priorities - 2022 dividend, 20p - Investment in the business - Lookin
Slide 18: Contact Details
CONTACT DETAILS GROUP INVESTOR RELATIONS MANAGER Emma Chetwynd Stapylton Sackville House 40 Piccadilly London W1J 0DR Emma.chetwyndstapylton@centralasiametals.com +44 (0) 207 898 9001 www.centralasiametals.com