Griffin Mining Limited · LSE:GFM
Griffin Mining — Investor Presentation (May 2022)
15 slides from Griffin Mining's investor presentation, May 2022
Slide 1: Griffin Mining Limited: Moving to the Next Level
GRIFFIN MINING LIMITED MOVING TO THE NEXT LEVEL CORPORATE PRESENTATION MAY 2022
Slide 2: Disclaimer
DISCLAIMER AIM:GFM This Presentation has been produced by Griffin Mining Ltd ( “Griffin”). This presentation is confidential and may not be reproduced or redistributed, in whole or in part, to any other person. This document contains certain forward-looking statements relating to the business, finan
Slide 3: Corporate Overview
CORPORATE OVERVIEW AIM:GFM 98.5p £172.3 million Share price* Market Cap* 174,892,894 194,993,727 Shares in Issue Shares fully diluted *as at 16/05/2022 DIRECTORS Mladen Ninkov, Chairman, Australian. Roger Goodwin, Finance Director, British. Adam Usdan, Non-executive Director, US. Clive Whiley, Indep
Slide 4: Introduction
INTRODUCTION AIM:GFM • Griffin holds 88.8% of the Caijiaying Mine through its joint venture with Hebei Hua Ao producing Zinc, Gold, Lead and Silver • Green Mine Certification • Cash generative, low-cost operations, debt free, long mine life • Strong management team with extensive experience in minin
Slide 5: Financial Results 2021
FINANCIAL RESULTS 2021 AIM:GFM • Revenue of $121.6 million (2020: $75.4 million). • Operating profit of $36.9 million (2020: $15.1 million). • Profit before tax of $36.5 million (2020: $14.5 million). • Profit after tax of $25.4 million (2020: $8.9 million). • Basic earnings per share 14.5 cents (20
Slide 6: Production Expansion
PRODUCTION EXPANSION AIM:GFM • Current mining operations at Zone III. Awarding of the Zone II mining licence will increase, throughput to 1.5Mtpa • Processing capacity increase completed by 2016 6 Griffin Mining Corporate Presentation May 2022
Slide 7: Zone II & Zone III Development
ZONE II & ZONE III DEVELOPMENT AIM:GFM • Development of Zone II expected to start July 2022 to enable 1.5mta to be extracted from the Caijaiying Mine in 2023 • Capital for development will be funded through operational cash generation 7 Griffin Mining Corporate Presentation May 2022
Slide 8: Mineral Resources
MINERAL RESOURCES Large existing resource with $20 billion in contained metal AIM:GFM Measured, indicated and inferred mineral resource at Zone III: • 47.0 million tonnes @ 4.0% zinc, 0.2% lead, 21.40g/t silver and 0.5 g/t gold at a 1% cut off • 1.89 million tonnes zinc, 819,000 ounces gold, 31.8 mi
Slide 9: Strong Metals Market
STRONG METALS MARKET Positive supply and demand dynamics driving zinc & gold prices AIM:GFM ZINC • Asia accounts for approximately 65% of global zinc consumption • Zinc price has rallied recently due to concerns high energy costs and lack of concentrate • Global stimulus packages have also driven pr
Slide 10: Entering the Next Level of Production
ENTERING THE NEXT LEVEL OF PRODUCTION Extensive growth strategy underway AIM:GFM • Significant organic growth CASH GENERATIVE POSITIVE METAL MARKETS • Cash generative • Positive metal markets • Sustainability • EXISTING CAPACITY AND Existing capacity and infrastructure SUSTAINABILITY EXPERIENCED INF
Slide 11: Contacts
CONTACTS GRIFFIN MINING LIMITED Telephone: +44(0)20 7629 7772 Mladen Ninkov - Chairman Roger Goodwin - Finance Director PANMURE GORDON (UK) LIMITED Telephone: +44 (0)20 7886 2500 John Prior BERENBERG Telephone: +44(0)20 3207 7800 Matthew Armitt Jennifer Wyllie Deltir Elezi BLYTHERAY Telephone: +44(0
Slide 12: Further Details re: the Caijiaying Mine
FURTHER DETAILS RE: THE CAIJIAYING MINE AIM:GFM • Project acquired in 1997 and constructed, commissioned and operated by Griffin since June 2005 • 5.36 square kilometres of mining and exploration tenements, including the mine and processing facilities • Located approximately 250 kilometres by road,
Slide 13: Directors
DIRECTORS AIM:GFM Mladen Ninkov, Chairman, Australian, holds a Master of Law Degree from Trinity Hall, Cambridge and Bachelor of Laws (with Honours) and Bachelor of Jurisprudence Degree from the University of Western Australia. He is the principal of Keynes Capital. He has a mining, legal, fund mana
Slide 14: Senior Executives
SENIOR EXECUTIVES AIM:GFM Dr Bo Zhou, General Manager China, Australian, holds a PhD in exploration geology from Sydney University and a BSc in economic geology from Peking University. He was Managing Director of Sinovus Mining Ltd, an ASX listed company with mineral interests in China. Dr Zhou has
Slide 15: Griffin Mining Corporate Presentation January 2021
15 Griffin Mining Corporate Presentation January 2021