Slide 1: December 2017 Half Year Results Presentation
December 2017 Half Year Results Presentation – 20 February 2018 Access this presentation at: http://webcasting.brrmedia.com/broadcast/5a70fba99677b06417edeaed OR www.sandfire.com.au Page: 1
Slide 2: Important Information and Disclaimer
Important Information and Disclaimer Forward-Looking Statements This presentation has been prepared by Sandfire Resources NL. This document contains background information about Sandfire Resources NL current at the date of this presentation. The presentation is in summary form and does not purport b
Slide 3: Important Information and Disclaimer
Important Information and Disclaimer Competent Person’s Statement – Ore Reserves and Mine Plan ► The information in this report that relates to Ore Reserves and Mine Plan is based on information compiled by Mr Neil Hastings who is a Member of The Australasian Institute of Mining and Metallurgy. Mr H
Slide 4: Important Information and Disclaimer
Important Information and Disclaimer Exploration and Resource Targets ► Any discussion in relation to the potential quantity and grade of Exploration Targets is only conceptual in nature. While Sandfire is confident that it will report additional JORC compliant resources for the DeGrussa Project, th
Slide 5: Operating Results – 1HFY2018
Operating Results – 1HFY2018 Karl Simich – Chief Executive Officer Page: 5
Slide 6: 1HFY2018 in Review
1HFY2018 in Review ► 1HFY2018 production: 31,521t copper and 18,799oz gold; C1 US$1.00/lb ► FY2018 production guidance maintained: 63-66kt of contained copper, 35-38koz gold; C1 cash cost US$1.00-1.05/lb ► Safety TRIFR reduced: 5.0 (June 2017) to 4.6 (December 2017) ► Monty Copper-Gold Project (Spri
Slide 7: Financial Results – 1HFY2018
Financial Results – 1HFY2018 Matthew Fitzgerald – Chief Financial Officer Page: 7
Slide 8: Headline Financial Results for the Half Year ended December 2017
Headline Financial Results for the Half Year ended 31 December 2017 Sandfire maintains strong operational and financial performance ► Record sales revenue and price adjustment gains of $296.2M ► Strong cash flow from operating activities of $106.3M ($122.5M prior to payments for exploration and eval
Slide 9: Sandfire increases dividend payments
Headline Financial Results for the Half Year ended 31 December 2017 Sandfire increases dividend payments ► Maintaining dividend stream from profitable operations and increased copper price ► Interim dividend for 1HFY2018 of 8.0cps (fully franked) ► Continuing to balance shareholder returns and growt
Slide 10: December 2017 Half Year Presentation – Headline Income
December 2017 Half Year Presentation – Headline Income Income Statement Review – Key Results ($’000) Dec 2017 Dec 2016 Sales revenue and price gains 296,200 259,909 Profit before net finance and 84,193 53,707 income tax expense Net finance income (expense) 1,223 (793) Profit before income tax expens
Slide 11: December 2017 Half Year Presentation – Balance Sheet
December 2017 Half Year Presentation – Balance Sheet Balance Sheet Review ($‘000) December 2017 June 2017 ► Cash of $164.4M – Increased ASSETS $37.7M following $39.2M Cash and cash equivalents 164,422 126,743 income tax, $20.5M final Trade and other receivables 16,670 15,970 FY2017 dividend and $14.
Slide 12: December 2017 Half Year Presentation – Balance Sheet
December 2017 Half Year Presentation – Balance Sheet Balance Sheet Review ($’000) December 2017 June 2017 ► Income tax payable - LIABILITIES $39.2M paid during the half Trade and other payables 36,998 35,478 year Interest bearing liabilities 439 1,567 Income tax payable 15,657 20,460 ► Deferred tax
Slide 13: Summary and Outlook
Summary and Outlook Continued strong outlook for FY2018 and beyond ► Consistent, low-cost copper-gold production • 1HFY2018 performance: 31,521t Cu, 18,799oz Au at C1 US$1.00/lb • FY2018 guidance maintained: 63-66kt Cu, 35-38koz Au at C1 US$1.00-1.05/lb ► Monty Copper-Gold Project development (Sprin
Slide 14: Contact Details: Sandfire Resources NL
Contact Details: Sandfire Resources NL Registered Office and Principal Place of Business Level 1, 31 Ventnor Avenue, West Perth, Western Australia 6005 T +61 8 6430 3800 F +61 8 6430 3849 www.sandfire.com.au Page: 14