Lycopodium Limited · ASX:LYL
Lycopodium — Shareholder Meeting (November 2021)
33 slides from Lycopodium's shareholder meeting presentation, Nov 18, 2021
Slide 1: Annual General Meeting Financial Year 2021
Annual General Meeting Financial Year 2021 18 November 2021
Slide 2: About Lycopodium
About Lycopodium Lycopodium is an innovative and value-driven process, engineering and project delivery organisation. The Company is headquartered in Perth, Western Australia and is listed on the Australian Stock Exchange (ASX: LYL). 2 Annual General Meeting 2021
Slide 3: Corporate Overview
Corporate Overview Michael (Mick) Caratti Peter De Leo Bruno Ruggiero Chairman Managing Director Executive Director Share Price Market Shares on Issue (as at 17.11.21) Capitalisation $4.50 39.7m ~$178.6m Shareholder Karl Cicanese Executive Director Rodney (Rod) Leonard Non-Executive Director Robert
Slide 4: People First
People First Delivering projects safely for our clients remains a fundamental metric of success and our excellent safety and environmental performance is a credit to our delivery teams on the ground FY2021 Current Target (rolling 12 months) Hours 1.9 million 1.6 million LTIFR 0.01 0.01 0.0 TRIFR 2.1
Slide 5: Core Capabilities
Core Capabilities Sectors Services Resources Infrastructure Industrial Processes • Railways • Pharmaceuticals • Feasibility Studies • Gold and Precious Metals • Roads • Biotechnology • Process Development and Optimisation • Base Metals • Ports • Chemical and Energy • Engineering and Design • Battery
Slide 6: FY2021 Financial Highlights
FY2021 Financial Highlights • In spite of the disruptions and uncertainties of FY2021, we continued to win work with existing and Profit new clients across our core operating sectors of Revenue EBITDA Before Tax Resources, Infrastructure and Industrial Processes $162.2m $26.5m $21.5m • This saw reve
Slide 7: FY2021 Revenue by Sector
FY2021 Revenue by Sector FY2021 4% FY2021 FY2020 9% Sector A$’000 A$’000 87% Resources 140.8 189.5 Infrastructure 14.0 16.2 Industrial Processes 7.4 5.4 FY2020 2% 162.2 211.1 8% 90% 7 Annual General Meeting 2021
Slide 8: FY2021 Revenue by Geography
FY2021 Revenue by Geography 24 % FY2021 4% FY2021 FY2020 8% 26% Geography* A$’000 A$’000 Australia 42.5 37.8 62% Africa 100.9 152.3 Americas 6.7 4.6 Other 12.1 16.4 FY2020 2% 8% 16% 18% 162.2 211.1 * By project location 79% 72% 8 Annual General Meeting 2021
Slide 9: FY2021 Balance Sheet
FY2021 Balance Sheet FY2021 FY2020 A$’000 A$’000 • Strong Balance Sheet provides capacity for investment Current Assets 128.7 134.3 • Minimal debt Total Assets 164.1 155.7 • Net Tangible Assets per Share – $2.04 Total Liabilities 76.4 77.8 Equity 87.7 77.8 9 Annual General Meeting 2021
Slide 10: FY2021 Operational Highlights Resources
FY2021 Operational Highlights Resources • Worked across most major commodities, including iron ore, gold, copper, nickel, lithium, graphite, diamonds, platinum and mineral sands • Projects spread across the globe – predominantly in Africa, Australia, Southeast Asia and North and Central America • Su
Slide 11: FY2021 Operational Highlights Infrastructure
FY2021 Operational Highlights Infrastructure • Continued to work with some of Australia’s largest rail operators, in both passenger and freight rail systems • Servicing greenfield and brownfield rail projects, provided design, engineering, technical advisory and rail infrastructure management (RIM)
Slide 12: FY2021 Operational Highlights Industrial Processes
FY2021 Operational Highlights Industrial Processes • Delivered projects and engineering services across key areas of expertise, including specialty chemicals, pharmaceutical, food and beverage production and heat/mass transfer • This included providing specialist services to Boeing in their aerospac
Slide 13: Business Improvement
Business Improvement • Commitment to improving organisational connectedness to support greater collaboration across the Company: – Ongoing embedment of Corporate Shared Services model during FY2021, supporting standardisation across key functions, including Finance, Information Technology and Busine
Slide 14: Innovation
Innovation Committed to fostering a culture of enquiry and innovation, we introduced an internal innovation award in 2021 to recognise and reward ideas that inspire us and have the potential to positively impact the business A number of innovative ideas were progressed during the year: Dry Mining Un
Slide 15: Continuing to Manage COVID-19
Continuing to Manage COVID-19 • FY2021 represented the first full year operating under the challenges presented by the global pandemic, with varying degrees of restrictions across our operational jurisdictions • Impact on operations has continued to be well managed, with open lines of communication
Slide 16: Our Community
Our Community Our engagement with the communities within which we live and work is an integral part of how we like to do business and in late FY2021 we established the Lycopodium Foundation, to provide a formal vehicle for the administration of our philanthropic, community engagement and sponsorship
Slide 17: FY2021 Major Projects
FY2021 Major Projects 17 Annual General Meeting 2021
Slide 18: Yaouré Gold Project
Yaouré Gold Project Sector Resources Client Perseus Mining Limited Location Côte d'Ivoire Commodity Gold Scope Engineering, Procurement and Construction (EP(C)) services Processing 3.3 Mtpa Capacity Yaouré was delivered ahead of schedule and under budget, despite the pandemic – construction continue
Slide 19: Bomboré Gold Project
Bomboré Gold Project Sector Resources Client Orezone Location Burkina Faso Commodity Gold Scope Engineering, Procurement and Construction Management (EPCM) services Processing 5.2 Mtpa Capacity 19 Annual General Meeting 2021
Slide 20: Western Turner Syncline Phase 2
Western Turner Syncline Phase 2 Sector Resources Client Rio Tinto Location Pilbara, Western Australia Commodity Iron Ore Scope Engineering, design, procurement and construction of the mineral processing facilities and associated non-process infrastructure Awarded and delivered via Mondium 20 Annual
Slide 21: Boto Gold Project
Boto Gold Project Sector Resources Client IAMGOLD Corporation Location Senegal Commodity Gold Scope Engineering and Procurement (EP) services Processing 2.7 Mtpa Capacity 21 Annual General Meeting 2021
Slide 22: Ahafo North Project
Ahafo North Project Sector Resources Client Newmont Ghana Gold Limited Location Ghana Commodity Gold Scope Engineering, Procurement and Construction Management (EPCM) services Processing 3.4 to 3.7 Mtpa Capacity 22 Annual General Meeting 2021
Slide 23: Séguéla Gold Project
Séguéla Gold Project Sector Resources Client Fortuna Silver Mines Inc Location Côte d’Ivoire Commodity Gold Scope Design, supply and project delivery services Processing 1.25 Mtpa Capacity 23 Annual General Meeting 2021
Slide 24: Tailings Retreatment Project
Tailings Retreatment Project Sector Resources Client Talison Lithium Location Greenbushes, Western Australia Commodity Lithium Scope Engineering, Procurement and Construction (EPC) services Awarded and delivered via Mondium Processing 2 Mtpa Capacity 24 Annual General Meeting 2021
Slide 25: Motheo Copper Project
Motheo Copper Project Sector Resources Client Sandfire Resources Ltd Location Botswana Commodity Copper, Silver Scope Engineering, Procurement and Construction Management (EPCM) services Processing 3.2 Mtpa Capacity 25 Annual General Meeting 2021
Slide 26: Cobre Ball Mill Project
Cobre Ball Mill 6 Project Sector Resources Client First Quantum Minerals Location Panama Commodity Copper, Gold, Silver, Molybdenum Scope Engineering Design, Procurement Support (Ep) and construction/commissioning support services Processing 100 Mtpa Capacity 26 Annual General Meeting 2021
Slide 27: Navachab Gold Mine Expansion
Navachab Gold Mine Expansion Sector Resources QKR Namibia Navachab Gold Mine Client Pty Ltd Location Namibia Commodity Gold Scope Engineering and Procurement (EP) services – subsequently awarded CM scope Processing 2.5 Mtpa Capacity 27 Annual General Meeting 2021
Slide 28: Recently Awarded New Work
Recently Awarded New Work 28 Annual General Meeting 2021
Slide 29: Recent Awards Resources
Recent Awards Resources Project Client Location Commodity Scope Chemical Grade Processing Engineering, Procurement and Construction Talison Lithium Western Australia Lithium Plant #3 (CGP3) Management (EPCM) services Phase 1 Integrated Project Lepidico Namibia & UAE Lithium EPCM services Navachab QK
Slide 30: Recent Awards Infrastructure
Recent Awards Infrastructure Project Client Location Scope Country Regional Network (CRN) Engineering investigation of the current condition of various 25 tonne Axle Load Upgrade John Holland Rail NSW operational lines across the CRN and development of a capital Assessments – various lines scope of
Slide 31: Recent Awards Industrial Processes
Recent Awards Industrial Processes Project Client Location Scope CSL Seqirus Flu Cell Culture CSL Seqirus VIC Design Consultancy services Chlor Alkali Facility Coogee Chemicals WA Design Consultancy services Synchrotron Biosax Beamline ANSTO Synchrotron VIC Site Construction and Safety Management se
Slide 32: Outlook and Strategy
Outlook and Strategy Outlook Strategy • Resource sector activity remains strong, supporting new • Development of a more formalised footprint in the renewable development and sustaining capital opportunities going energy sector with the establishment of Lycopodium Energy forward – value of iron ore r
Slide 33: Thank You
Thank You 33 Annual General Meeting 2021