Petra Diamonds Limited · LSE:PDL
Petra Diamonds — Q3 FY2024 Earnings Presentation
8 slides from Petra Diamonds's earnings presentation, Apr 16, 2024
Slide 1: Q3 FY 2024 Operating Update
Q3 FY 2024 Operating Update 16th April 2024
Slide 2: Your presenters
Your presenters Q3 FY2024 Operating Update 9.30am BST, Tuesday 16 April 2024 Richard Duffy, CEO Please see press release here: www.petradiamonds.com/investors/news/ Jacques Breytenbach, CFO 2
Slide 3: Highlights vs Q2 and Q1 FY 2024 – safety and production
Highlights vs Q2 and Q1 FY 2024 – safety and production Safety (LTIFR) Safety (LTI) Ore processed (Mt) Diamonds produced (kcts) 3 3 3.0 697 731 0.20 2.8 2.9 666 0.18 2 0.12 Q1 FY24 Q2 FY24 Q3 FY24 Q1 FY24 Q2 FY24 Q3 FY24 Q1 FY24 Q2 FY24 Q3 FY24 Q1 FY24 Q2 FY24 Q3 FY24 3
Slide 4: Market update - benefiting from increased demand for provenance
Market update - benefiting from increased demand for provenance Rough diamond prices appear to have bottomed1 Petra’s av. price split by run-of-mine (ROM) and Exceptional Stones (US$15 million or higher)1 250.0 180 US$/ct 160 Index (US$, rebased to 100) 200.0 140 120 150.0 149.1 100 80 100.0 60 40 5
Slide 5: Highlights vs Q2 and Q1 FY 2024 – financial
Highlights vs Q2 and Q1 FY 2024 – financial Revenue1 (US$m) Average carat price (US$/ct) Gross debt (US$m) Net debt (US$m) 138 300 232 98 124 296 280 212 90 192 105 66 Q1 FY24 Q2 FY24 Q3 FY24 Q1 FY24 Q2 FY24 Q3 FY24 End-Sep 23 End-Dec 23 End-Mar 24 End-Sep 23 End-Dec 23 End-Mar 24 Note 1: Revenue re
Slide 6: Outlook and business resilience
Outlook and business resilience Operations Diamond market ✓ Continued focus on identifying and mitigating safety risks ✓ Indications of price stabilisation despite seasonal weakness ✓ Ongoing stabilisation of operations at Cullinan Mine, 78- ✓ Renewed marketing push by De Beers and Real, Rare, Level
Slide 7: Q&A
Q&A
Slide 8: Thank you
Thank you Please email investorrelations@petradiamonds.com with any further questions