Beacon Minerals Limited · ASX:BCN
Beacon Minerals — FY2022 Earnings Presentation
9 slides from Beacon Minerals's earnings presentation, Sep 5, 2022
Slide 1: 2022 Financial Year Results
A WESTERN AUSTRALIAN GOLD PRODUCER For personal use only 2022 Financial Year Results 5 September 2022 ASX:BCN
Slide 2: Forward Looking Statements and Disclosures
FORWARD LOOKING STATEMENTS AND DISCLOSURES Forward Looking Statements For personal use only This presentation contains certain forward looking statements with respect to Beacon Minerals Limited (Beacon) financial condition, results of operations, production targets and other matters that are subject
Slide 3: Corporate Summary
CORPORATE SUMMARY Capital Structure Gold Production & Guidance For personal use only ASX Code BCN FY22 Gold Production 29,770 ozs Share Price 2 $0.024 Shares on issue 2 3,756 M FY23 Guidance 24,000 to 28,000 oz’s Market Cap (A$) 2 $90.16 M Ore Reserve – Jaurdi Proved3 1.3 million tonnes @ 1.4 g/t go
Slide 4: FY22 Production Highlights
FY22 PRODUCTION HIGHLIGHTS Ore Milled (DMT) (‘000) Ore Mined (BCM) (‘000) 28,434 oz sold For personal use only 543 533 791 (3%) on 2021 573 306 422 A$2,526 oz sold 0 0 3% on 2021 FY 19 FY 20 FY 21 FY 22 FY 19 FY 20 FY 21 FY 22 306,000 BCM Ore Mined (74%) on 2021 Gold Produced (oz) (‘000) Gold Sold (
Slide 5: FY22 Financial Highlights
FY22 FINANCIAL HIGHLIGHTS Financials Units FY22 FY21 Change Revenue 3% lower due to decrease in For personal use only sales Revenue A$’000 $71.2 $73.7 Cost of Goods Sold A$’000 $45.8 $37.9 COGS increased by 21% as a result of significant mill throughput increase of EBITDA A$’000 $35.7 $40.0 38%
Slide 6: Cash Generation
CASH GENERATION For personal use only Movement in Cash ($M) Cash decreased $9.3M over the year with a cash and cash equivalent at the year end of $12.7M Cash flow margin has decreased on year end due to an increase in operational costs $5.0M debt facility, $1.12M drawn down at 30 June 2022 ASX
Slide 7: Strengthening Balance Sheet
STRENGTHENING BALANCE SHEET For personal use only Cash Balance ($M) Working Capital ($M) 22.0 Strong balance sheet with 29.5 23.4 excellent liquidity 12.7 20.7 15.3 14.2 $5.0M debt facility, $1.12M drawn down at 30 June 2022 4.9 $12.7M in cash with 1,833 ozs of FY 19 FY 20 FY 21 FY 22 FY 19 FY
Slide 8: Return to Shareholders
RETURN TO SHAREHOLDERS FY22 DIVIDENDS RETURN FOR SHAREHOLDERS For personal use only • Interim fully franked dividend of $0.00125 • Payout rate of 37% of operating cash flows ($4.5M) paid April 2022 • Return $304/oz produced in dividends • Final fully franked dividend of $0.00125 ($4.5M) paid October
Slide 9: Focus for FY23
FOCUS FOR FY23 For personal use only • Continue to focus on meeting guidance, managing costs and improving OPERATIONAL EXCELLENCE safety • Guidance for FY22/23 is 24,000 to 28,000 oz’s • Focus on increasing Resources and Reserves HIGH IMPACT EXPLORATION • A$2.9M exploration budget for FY23 • Continu