Terracom Limited · ASX:TER
Terracom — Shareholder Meeting (January 2022)
14 slides from Terracom's shareholder meeting presentation, Jan 31, 2022
Slide 1: TerraCom Annual General Meeting Presentation
TerraCom Annual General Meeting Presentation For personal use only 31 January 2022 “The Company has initiated a Balance Sheet transformation and over the next 12 months TerraCom is focused on debt reduction and capital returns to shareholders” ASX : TER www.terracomresources.com 1
Slide 2: Disclaimer: Important Notice
DISCLAIMER For personal use only IMPORTANT NOTICE This presentation (Presentation) has been prepared to provide investors (Recipients) with information about TerraCom Limited ACN 143 533 537 (TerraCom) and its business of being a resource explorer with a large portfolio of operating assets in Austra
Slide 3: Important Notice (Continued)
DISCLAIMER For personal use only IMPORTANT NOTICE (CONTINUED) Nothing in this document should be construed as authorising the distribution of this Presentation outside of the Commonwealth of Australia. The law in or from certain jurisdictions may restrict the distribution or possession of this Prese
Slide 4: Contents
For personal use only 1 Highlights 1H FY2022 CONTENTS 2 3 Euroclear Bond Debt Reduction Company Trading Analysis www.terracomresources.com 4
Slide 5: Highlights 1H FY2022
For personal use only HIGHLIGHTS 1H FY2022 5
Slide 6: Key Highlights
KEY HIGHLIGHTS For personal use only 6 months July 2021 to December 2021 December 2021 Quarter Operating EBITDA1 Strong export coal prices resulted $140.6 million in an operating (EBITDA)1 cash margin of $118 per sold - Blair Athol $95.3 million - South Africa $45.3 million tonne being achieved for
Slide 7: Operational Performance
OPERATIONAL PERFORMANCE For personal use only • Production and sales remain solid July to December 2021 MANAGED TONNES3 EQUITY TONNES2 Export Domestic Total Annualised Export Domestic Total Annualised (000’s) (000’s) (000’s) (Millions) (000’s) (000’s) (000’s) (Millions) Australia 1,067 - 1,067 2.13
Slide 8: Euroclear Bond Debt Reduction
EUROCLEAR BOND DEBT REDUCTION For personal use only • Bond long form documents executed reflecting an extended maturity date of the existing Euroclear Bond to 31 December 2022. No change to the commercial terms of the facility, except principal and interest to be repaid monthly via cash sweep based
Slide 9: Company Trading Analysis
For personal use only COMPANY TRADING ANALYSIS 9
Slide 10: Company Trading Analysis
COMPANY TRADING ANALYSIS For personal use only 28 January 2022 6 Months (Jul-Dec 2021) Annualised Equity Coal Sales of 5.4Mt October 2018 October 2019 Newc Index at US$225 Blair Athol Sep18 Quarter Prior to Universal Coal plc Acquisition Share Price A$0.198 $0.85 Annualised Equity Coal Sales of 2.6M
Slide 11: Company Trading Analysis
COMPANY TRADING ANALYSIS For personal use only • 31 May 2017 • 30 June 2020 • Blair Athol Acquired (no production) • 100% Universal Coal plc Acquired. • Newc Index at US$74 • Equity Coal Sales increased by 216% to • Share Price A$0.31 5.6Mt2 • Market Cap A$84M • Newc Index at US$52 • October 2018 •
Slide 12: References & Appendices
For personal use only REFERENCES & APPENDICES 12
Slide 13: References
REFERENCES For personal use only 1. Non IFRS measure. Based on management accounts. The data presented represents 100% of the result from the South Africa Business Unit and therefore includes other equity holders, noting TerraCom’s equity interest in the operating mines ranges from 48.9% to 49.0%. T
Slide 14: Thank You
For personal use only THANK YOU 14