Fortress Minerals Limited · SGX:OAJ
Fortress Minerals — FY2022 Earnings Presentation
18 slides from Fortress Minerals's earnings presentation, 2022
Slide 1: Fortress Minerals Limited Results Presentation FY2022
Fortress Minerals Limited Results Presentation FY2022 Malaysia - Singapore
Slide 2: Important Notice
IMPORTANT NOTICE: This presentation does not constitute or form any part of any offer for sale or subscription of, or solicitation of any offer to buy or subscribe for, any securities in Fortress Minerals Limited (“Fortress Minerals” or the “Group”) in Singapore or any other jurisdiction nor shall i
Slide 3: Competent Person's Statement
Competent Person’s Statement: Mengapur Mineral Resource The information in this announcement that relates to the Mengapur Mineral Resources is based on information compiled by Ms Leesa Collin who is a Member of The Australasian Institute of Mining and Metallurgy. Ms Collin, is a Director and Princip
Slide 4: Fortress Overview
01 Fortress Overview
Slide 5: Fortress at a glance
Fortress at a glance Bukit Besi, We employ over Our Location Terengganu We are a (Mining site 1) 1ST producer and exporter of marketable 400 employees and contractors Mengapur Sri Jaya, Pahang iron ore company listed and high-grade (Mining site 2) Petaling Jaya on Catalist Board of SGX-ST iron ore H
Slide 6: Corporate achievements
Corporate achievements FY2021 to 2022 ACQUISITION OF FORTRESS MENGAPUR FY2020 FY2018 FY2017 FIRST IRON ORE COMPANY FY2016 COMMERCIAL LISTED ON SGX-ST • Gross consideration of COMPLETION OF JORC PRODUCTION LAUNCH US$ 30.0 million plus DRILLING CAMPAIGN • S$15.0 million in gross proceeds 1.25% Gross R
Slide 7: Management team
Management team Talents responsible for the stewardship and long-term sustainable success of the Group Dato’ Sri Ivan Chee Ng Mun Fey Fionne Chua • Responsible for the overall • Responsible for the overall • Responsible for all finance management and operations of management and day-to-day and accou
Slide 8: Our strategic assets
02 Our strategic assets Mining project overview
Slide 9: At a glance: Mining assets of Fortress Minerals
At a glance: Mining assets of Fortress Minerals Bukit Besi, Terengganu (Mining site 1) Mengapur Sri Jaya, Pahang Bukit Besi Bukit Besi (renewable) (Mining site 2) Mining land of 526.20 hectare 13 years mining license granted till 2033 Mengapur Mengapur (renewable) Four Mining Leases by two subsidiar
Slide 10: Bukit Besi Mine Strategic location supported by good Infrastructure
Bukit Besi Mine Strategic location supported by good Infrastructure Daily trucking to Customers’ stockyards Bukit Besi Area 526.2 h Airport 1.5 hour Mobility Easy access to highways convenience Seamless transportation flows Domestic customers Proximity to customers’ stockyards Bukit Besi Kemaman Por
Slide 11: Bukit Besi Mineral Resource
Bukit Besi Mineral Resource A closer look RESOURCE SUMMARY: West, Valley and East Deposits (Bukit Besi) * WAG ^ 45.90% 45.34% 42.31% 43.25% 41.7% Fe Fe Fe Fe Fe 7.18 In million tonnes 6.18 0.96 5.77 5.41 5.41 1.18 0.77 0.58 1.13 Bukit Besi’s 3.61 Operation 2.24 1.36 Site 3.58 3.57 East (Inferred) Va
Slide 12: Quick Snapshot & Introduction Mengapur
Quick Snapshot & Mengapur Introduction Mineral Resource Type and Estimate Other minerals If encountered, will be stockpiled for future processing Mengapur Gold Larger & Ready for development Primary focus: Copper Bk Besi 526.2ha Magnetite iron ore 14.77 Million Tonnes – Sri Jaya 172 km 10.72 (Inferr
Slide 13: Financial Results
03 Financial Results
Slide 14: Financial results for FY2022
Financial results for FY2022 Resilient operational performance supported by strategic growth efforts Financial Revenue Margin Earnings performance US$ 43.4 Million 77.0 % US$ 24.5 Million Gross Revenue 9.1% Gross Profit Margin 0.6ppt Underlying EBITDA 7.9% Balance sheet Operating cash flow Liquidity
Slide 15: Financial highlights
Financial highlights , US$ million Revenue Strategic growth efforts continue to support strong operating cash flow 45.0 40.0 47.7 - 9.1% 43.4 Financial metrics FY2020 FY2021 FY2022 35.0 + 84.2% 30.0 US$’ million 25.0 20.0 15.0 10.0 25.9 Revenue 5.0 25.9 47.7 43.4 - FY20 FY21 FY22 US$ million NPAT an
Slide 16: Strong gross profit margin
Strong gross profit margin Driven by low unit cost and good throughput productivity GROSS PROFIT (US$ Million) and Gross Profit Margin (%) Decreased volume Margin amidst COVID-19 Decreased US$ million from lower 50.0 76.4% 77.0% 100 .0% lockdown and focus volume 95. 0% 66.7% 90. 0% 85. 0% 80. 0% on
Slide 17: Financial performance A quick glance
Financial performance A quick glance 17
Slide 18: Thank You
THANK YOU Stay in touch with us Address 9-1, Jalan PJS 8/18, Dataran Mentari, 46150 Petaling Jaya, Selangor Darul Ehsan, Malaysia. Registered Office 8 Robinson Road #03-00 ASO Building Singapore 048544 Contact info Email: corporate@fortress.sg Website: www.fortress.sg Telephone Office phone: +603 56