Geodrill Limited · TSX:GEO
Geodrill — Investor Presentation (June 2021)
13 slides from Geodrill's investor presentation, June 2021
Slide 1: We Are Geodrill
WE ARE GEODRILL Investor Presentation June 2021 INVESTOR PRESENTATION 2021 | 1
Slide 2: Forward Looking Statements
FORWARD LOOKING STATEMENTS This presentation contains “forward-looking information” and “financial outlook” within the meaning of applicable Canadian securities laws and may contain forward looking information attributed to third party industry sources. These statements and information are predictio
Slide 3: Hard Core Mineral Drillers
HARD CORE MINERAL DRILLERS 25%CAGR 25 years Industry – Tier-1 rig Established Deliver Operating Leading Fleet Drives High-Quality Robust History in Financial & Highest Business 25% Profitability & West Africa Operational Utilization CAGR since Growth for Metrics and Inception 2021 Profitability INVE
Slide 4: Positioned for Growth
Positioned for Growth HIGH PERFORMANCE RIG FLEET • Multi-purpose rig fleet attracts top tier clients • Less downtime, more consistent results FINANCIAL FLEXIBILITY • Maintains pricing discipline • Remains efficient with strong margins FOCUS ON CORE MARKET • High-growth markets; focus on West Africa
Slide 5: Our Mechanical Advantage
Our Mechanical Advantage STATE-OF-THE-ART FACILITY DRIVES PRODUCITIVITY Facility ensures our fleet is well-maintained • Workshop manufactures up to 300 different frequently replaced parts including drill rods Workshops centrally located to client projects: • Able to reach projects to deliver repaire
Slide 6: Top-Tier Customer Base
Top-Tier Customer Base Egypt 2 Rigs Senegal Mali Niger 20% Market share Burkina Faso 35% Market share Peru Guinea 3 Rigs Benin Sierra Ghana Togo Ivory Coast Nigeria Leone 35% 35% Market Newmont Mako Gold Li Market share be share Kinross Perseus ria Golden Star West African Newcore Gold Resources Rox
Slide 7: Quarterly Rig Utilization/Revenue
Quarterly Rig Utilization/Revenue TOTAL NO. OF RIGS RIGS UTILISED REVENUE 90 $35 80 $30 70 67 67 67 67 67 67 67 67 $25 60 NO. OF RIGS $20 50 MILLIONS 47 47 43 40 37 35 $15 32 31 32 30 $10 20 $5 10 0 $0 Q2'19 Q3'19 Q4'19 Q1'20 Q2'20 Q3'20 Q4'20 Q1'21 INVESTOR PRESENTATION 2021 | 7
Slide 8: Financial Performance Demonstrates Strength of Our Platform
Financial Performance Demonstrates Strength of Our Platform Revenue (US) Gross Profit EBITDA Net Earnings 35.0 30.7 30.0 27.8 24.7 25.0 20.3 20.9 20.0 18.9 18.0 Millions USD 17.2 15.0 9.6 10.0 10.0 8.9 7.9 6.5 6.6 6.9 4.6 4.3 5.7 4.5 5.7 5.0 3.3 4.6 2.5 3.1 2.3 1.8 2.2 2.1 0.8 2.0 0.1 0.0 -1.0 -5.0
Slide 9: Q1 2021 Balance Sheet
Q1 2021 Balance Sheet Balance Sheet/Market Data As at Mar 31, 2021 Working Capital ~US$39.6M Total Debt ~US$6.5M $33.6M Cash ~US$5.9M Total Shareholders Equity ~US$78.9M $112.5M EBITDA ~US$10M Shares Outstanding (Basic) 44.3 million Total Assets Recent Share Price(TSX) ~C$2.60 Market Capitalization
Slide 10: Strong Platform for Growth
Strong Platform for Growth Market Fundamentals • Record gold prices • Surge in rig activity • West Africa remains a high growth region • Increase exploration spending with expanded budgets • Resilient to COVID Growing New Verticals • Mine Blast hole drilling Expansion into Latin America • Secured To
Slide 11: Our Commitment to ESG
Our Commitment to ESG We believe in doing what is right, not just what is required At the core of our vision and values is a commitment to the communities and environment in which we operate. To us, corporate responsibility means running our business with honesty and integrity. Geodrill is an equal
Slide 12: Why Own Geodrill
WHY OWN GEODRILL Disciplined focus drives best operating metrics in the industry Portfolio of long term multi-rig contracts provides stable revenue Strong balance sheet supports growth and torque for commodity up-cycle Established High-quality cash-generating business that trades at attractive low v
Slide 13: To Outperform
Right Business Right Geographic Focus Right Platform for Growth TO OUTPERFORM 13 INVESTOR PRESENTATION 2021 | 13