Slide 1: June 2016 Annual Results Webcast
For personal use only June 2016 Annual Results Webcast 30 August 2016 Access this presentation at: http://webcasting.boardroom.media/broadcast/57b3 9986f2668ad859df3956 or www.sandfire.com.au
Slide 2: Important Forward-Looking Statements
Important Forward-Looking Statements This presentation has been prepared by Sandfire Resources NL (Sandfire). This document contains background information Information and ► about Sandfire current at the date of this presentation. The presentation is in summary form and does not purport be all inclu
Slide 3: Important Competent Person's Statement – Ore Reserves and Mine Plan
Important 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 Information and ► Hastings who is a Member of The Australasian Institute of Mining and Metallurgy. Mr Hastings is
Slide 4: Important Exploration and Resource Targets
Important Exploration and Resource Targets Any discussion in relation to the potential quantity and grade of Exploration Targets is only conceptual in nature. While Information and ► Sandfire is confident that it will report additional JORC compliant resources for the DeGrussa Project, there has bee
Slide 5: Operating Results – FY2016
For personal use only Operating Results – FY2016 Karl Simich – Managing Director and CEO 5
Slide 6: FY2016 in Review
FY2016 in Review Strong, safe and consistent production; new VMS discovery at DeGrussa, strong outlook For personal use only ► FY2016 production: Record 68,202t copper and 37,612oz gold; C1 US$0.95/lb ► Safety TRIFR reduced: 9.5 (FY2015) to 7.1 (FY2016) ► C5 grade control and Resource definition dri
Slide 7: FY2016 in Review
FY2016 in Review Strengthened business development pipeline; net cash positive For personal use only ► Increased stake in Tintina Resources (TSX-V: TAU) to 57%: developing the high-quality Black Butte Copper Project, central Montana, USA; Mine Operating Permit lodged December 2015 ► 10.6MW DeGrussa
Slide 8: Financial Results – FY2016
For personal use only Financial Results – FY2016 Matthew Fitzgerald – Chief Financial Officer 8
Slide 9: Headline Financial Results for the Year Ended 30 June 2016
Headline Financial ► Sales revenue of $497.2M Results for the ► Strong cash flow from operating activities of $133.9M For personal use only Year Ended ($166.5M prior to payments for exploration and evaluation expenses) 30 June 2016 ► DeGrussa Mine segment earnings before net finance and income tax o
Slide 10: Headline Financial Results – Dividends
Headline Financial ► Final dividend for FY2016 of 9.0cps (fully franked) Results for the ► Maintaining dividend stream with profitable operations despite reduced copper For personal use only Year Ended price 30 June 2016 Dividend FY2016 FY2015 Interim dividend (cps) 2.0 (fully franked) 3.0 (unfranke
Slide 11: Income Statement Review – Key Results
June 2016 Full Year Presentation – Headline Income Income Statement Review – Key Results For personal use only ($’000) June 2016 June 2015 Sales revenue 497,165 548,610 Profit before net finance and 75,956 119,658 income tax Net finance expense (6,580) (14,876) Profit before income tax 68,376 104,78
Slide 12: Balance Sheet Review – Assets
June 2016 Full Year Presentation Balance Sheet Review ($‘000) June 2016 June 2015 ► Cash – $70M debt repayments, For personal use only ASSETS $19M dividend payments Cash and cash equivalents 66,223 107,154 Trade and other receivables 20,467 9,813 ► Exploration and evaluation – Inventories 30,070 30,
Slide 13: Balance Sheet Review – Liabilities
June 2016 Full Year Presentation Balance Sheet Review ($’000) June 2016 June 2015 ► Finance facility – $70M repaid For personal use only LIABILITIES during FY2016, $50M Trade and other payables 30,885 39,115 remaining (non-current under Interest bearing liabilities 1,767 20,493 $85M Revolver Facilit
Slide 14: Cash Flow and Dividends
June 2016 Full Year Presentation Cash Flow and Dividends For personal use only 14
Slide 15: Summary and Outlook
Summary and Outlook Continued strong outlook for FY2017 and beyond For personal use only ► Consistent, low-cost copper-gold production • FY2016 performance: 68,202t Cu, 37,612oz gold at C1 US$0.95/lb • FY2017 guidance: 65-68,000t Cu, 35-40,000oz Au at C1 US$0.95-1.05/lb ► New chapter of discovery su
Slide 16: Contact Details: Sandfire Resources NL
For personal use only 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 16
Slide 17: Mineral Resource, Ore Reserve and Mine Plan
Mineral Resource, Ore Reserve and Mine Plan Table 1 – December 2015 Comparison of the Underground Mine Plan, Mineral Resource and Ore Reserve For personal use only DeGrussa Underground Mine Tonnes (Mt) Copper (%) Gold (g/t) Contained Copper (t) Contained Gold (oz) Mine Plan 8.1 4.4 1.7 357,000 443,0