Lycopodium Limited · ASX:LYL
Lycopodium — Investor Presentation (February 2020)
24 slides from Lycopodium's investor presentation, Feb 26, 2020
Slide 1: Investor Presentation – 1H FY2020
Investor Presentation – 1H FY2020 26 February 2020
Slide 2: About Lycopodium
About Lycopodium Lycopodium is an innovative and value driven process, engineering and project delivery group. The Company is headquartered in Perth, Western Australia and is listed on the Australian Stock Exchange (ASX: LYL). Investor Presentation – 1H FY2020
Slide 3: Corporate Overview
Corporate Overview Share Price (as at 25.2.20) Market $6.00 Capitalisation Shares on Issue ~$238.2m Bruno Ruggiero Michael (Mick) Caratti Chairman 39.7m Peter De Leo Managing Director Executive Director Peter Dawson Executive Director Cash at Bank (as at 31.12.19) $112.8m Justine Campbell Lawrence (
Slide 4: Core Capabilities
Core Capabilities Sectors Services Resources Infrastructure Process Industries • Gold and Precious Metals • Railways • Pharmaceuticals • Feasibility Studies • Base Metals • Roads • Biotechnology • Process Development and Optimisation • Battery Metals • Ports • Chemical and Energy • Engineering and D
Slide 5: Locations
Locations Toronto CA Manila PH Johannesburg Brisbane SA AUS Cape Town SA Perth AUS Newcastle AUS Melbourne AUS Investor Presentation – 1H FY2020
Slide 6: 1H FY2020 Highlights
1H FY2020 Highlights Operational • Continuing to develop EPC capability – in delivery of Fully Franked Perseus’ Yaouré Project and West African Resources’ Revenue NPAT Dividend Sanbrado Project. $110.3m $8.9m 15 cents • Development of a Corporate Shared Services model to standardise processes and op
Slide 7: 1H FY2020 Revenue by Sector
1H FY2020 Revenue by Sector December 19 8% 2% Dec 19 Dec 18 Sector A$’000 A$’000 90% Resources 99.3 63.9 Infrastructure 8.3 6.3 December 18 4% 9% Process Industries 2.6 2.9 110.3 73.1 87% Investor Presentation – 1H FY2020
Slide 8: 1H FY2020 Revenue by Geography
1H FY2020 Revenue by Geography December 19 1% 3% 17% Dec 19 Dec 18 Geography* A$’000 A$’000 79% Australia 18.1 14.7 Africa 87.3 42.6 December 18 14% 20% Americas 1.6 5.5 8% Other 3.3 10.2 110.3 73.1 * By project location 58% Investor Presentation – 1H FY2020
Slide 9: 1H FY2020 Balance Sheet
1H FY2020 Balance Sheet Dec 19 June 19 Balance Sheet Cash on hand of A$’000 A$’000 provides capacity for investment $112.8m Current Assets 179.4 102.8 as at 31 Dec 2019 Total Assets 204.8 119.8 Net Tangible Operating Total Liabilities 122.2 40.4 Cashflow Assets per Share Equity 82.6 79.4 168.0 cents
Slide 10: Major Projects
Major Projects Investor Presentation – 1H FY2020
Slide 11: Western Turner Syncline Phase 2
Western Turner Syncline Phase 2 Sector Resources Client Rio Tinto Location Pilbara, Western Australia Commodity Iron Ore • Engineering, design, procurement and construction of the mineral processing facilities and Scope associated non-process infrastructure • Awarded and delivered via Mondium Proces
Slide 12: Yaouré
Yaouré Sector Resources Client Perseus Location Côte d’Ivoire Commodity Gold • Engineering, procurement and Scope construction (EPC) services Processing 3.0 Mtpa Capacity Investor Presentation – 1H FY2020
Slide 13: Boto
Boto Sector Resources Client IAMGOLD Corporation Location Senegal Commodity Gold • Engineering and procurement Scope (EP) services Processing 3.0 Mtpa Capacity Investor Presentation – 1H FY2020
Slide 14: Sanbrado
Sanbrado Sector Resources Client West African Resources Location Burkina Faso Commodity Gold • Full Engineering, Procurement Scope and Construction Management (EPCM) services Processing 2.0 to 2.7 Mtpa Capacity Investor Presentation – 1H FY2020
Slide 15: Cobré Panama
Cobré Panama Sector Resources Client First Quantum Minerals Location Panama Commodity Copper, gold, molybdenum • Process plant design • Services to non-process Scope infrastructure buildings • Field engineering • Plant commissioning support Processing 85 Mtpa Capacity Investor Presentation – 1H FY20
Slide 16: Bonasika
Bonasika Sector Resources Client Guyana Industrial Minerals Location Guyana Commodity Bauxite • Detailed engineering Scope • Technical procurement support Processing 350 Ktpa Capacity Investor Presentation – 1H FY2020
Slide 17: Montepuez Ruby Mines
Montepuez Ruby Mines Sector Resources Client Gemfields Location Mozambique Commodity Gemstones • Installation and commissioning of the Recovery Plant Scope • Designed to incorporate UV- sorting technology Investor Presentation – 1H FY2020
Slide 18: Feasibility Studies
Feasibility Studies Sector – Resources Project Client Location Commodity Comments Motheo Sandfire Botswana Copper Optimised Feasibility Study (OFS) Resources and commencement of front-end engineering design (FEED) Toliara Base Resources Madagascar Mineral sands In conjunction with Mineral Technologi
Slide 19: Infrastructure Projects
Infrastructure Projects Sector – Infrastructure Project Client Location Scope Botany Rail Duplication Project ARTC NSW Services survey and investigation Inland Rail S2P ARTC NSW Design services Lochinvar Train Support Facility ARTC NSW Concept track design Maryvale Crossing Loop John Holland Rail (C
Slide 20: Process Industries Projects
Process Industries Projects Sector – Process Industries Project Client Location Scope AEIP Energy Department of Victoria Renewable energy and energy efficiency reviews Assessments Jobs, Precincts, for opportunity identification and CCE as Regions (DJPR) independent assessment of Government funding p
Slide 21: Subsidiaries
Subsidiaries Mondium • Incorporated joint venture with Monadelphous, providing engineering, procurement and construction (EPC) services to the minerals processing sector. • Recently awarded major contract by Rio Tinto, valued at approximately $400 million, for the design and construction of the West
Slide 22: Subsidiaries (continued)
Subsidiaries (continued) Orway IQ • Joint venture between Lycopodium subsidiary company Orway Mineral Consultants (OMC) and Process IQ Pty Ltd. • Formed to deliver a remote optimisation consulting service – MillROC (Milling Remote Optimisation Consulting) – to the minerals processing industry. • The
Slide 23: Strategy and Outlook
Strategy and Outlook • Strong pipeline of projects and key identified prospects, including new projects and sustaining capital works. • Continue to develop project pipeline with a suitable balance of EPCM and EPC contracted work. • Further establish Mondium as a leading EPC contractor. • Further geo
Slide 24: Questions?
Questions? Investor Presentation – 1H FY2020