St. Barbara Ltd. · ASX:SBM
St. Barbara — Melbourne Mining Club Cutting Edge Series (September 2009)
25 slides from St. Barbara's conference presentation, Sep 16, 2009
Slide 1: Presentation to the Melbourne Mining Club's Cutting Edge Series
ASX Announcement St Barbara For personal use only Presentation to the Melbourne Mining Club’s Cutting Edge Series . Attached is a copy of a presentation given by Mr Tim Lehany, Managing Director and CEO to the Melbourne Mining Club’s Cutting Edge Series on Tuesday 15 September, 2009. Ross Kennedy Ex
Slide 2: A successful and growing Australian gold company
For personal use only A successful and growing Australian gold company Presentation to the Melbourne Mining Club Cutting Edge Series Tim Lehany, Managing Director & CEO 1 15 September, 2009
Slide 3: Disclaimer
Disclaimer For personal use only This presentation has been prepared by St Barbara Limited (Company). The material contained in this presentation is for information purposes only. This presentation is not an offer or invitation for subscription or purchase of or a recommendation in relation to secur
Slide 4: Presentation Overview
Presentation Overview For personal use only • Company Profile • Assets • Leonora Operations • Southern Cross Operations • Exploration • Outlook • Key Points 3
Slide 5: Company Profile – Key Facts
Company Profile – Key Facts For personal use only • Top ASX200 listed Australian gold company Significant Holders [Sep 09] • Mkt Cap - A$440M [Sep 09] M&G Group 9.3% • Two gold producing operations [200,000ozs pa+] JPMorgan Chase & Co 7.2% • Reserves 2.6M ozs [Jun 09] Resource Capital Funds LLC 5.2%
Slide 6: St Barbara's Cornerstone Asset
Gwalia – St Barbara’s Cornerstone Asset For personal use only 5
Slide 7: New MW power plant
Gwalia – New 17 MW power plant For personal use only 6
Slide 8: Paste Fill Plant
Gwalia – Paste Fill Plant For personal use only 7
Slide 9: New Mining Operation in Fresh Rock
Gwalia – New Mining Operation in Fresh Rock For personal use only 8
Slide 10: Value Increases with Depth
Gwalia - Value Increases with Depth For personal use only 2009 – 10 Production areas June 2009 June 2011 June 2012 9
Slide 11: Robust Long Life Operation
Gwalia – Robust Long Life Operation For personal use only • Priority for FY10 is driving the Hoover Decline and level accesses • Development rates now achievable • Operational cash flow re- invested in development in FY10 • Long term potential of the mine remains unchanged • First quartile cash cost
Slide 12: Production Sequence FY
Gwalia - Production Sequence FY 09 For personal use only 11
Slide 13: Production Sequence FY
Gwalia - Production Sequence FY 10 For personal use only 12
Slide 14: Production Sequence FY
Gwalia - Production Sequence FY 11 For personal use only 13
Slide 15: Production Sequence FY
Gwalia - Production Sequence FY 12 For personal use only 14
Slide 16: Southern Cross – Focus on value
Southern Cross – Focus on value For personal use only 15
Slide 17: Southern Cross – Positive Cash Flows
Southern Cross – Positive Cash Flows For personal use only • Marvel Loch Underground generates positive cash flows koz A$/oz • Overall operation de-risked • Improved plant performance • Opportunities for third party ore 16
Slide 18: Southern Cross - Three Year Mining Plan Marvel Loch
Southern Cross -Three Year Mining Plan Marvel Loch For personal use only 17
Slide 19: Potential Reserve Extensions at Marvel Loch
Potential Reserve Extensions at Marvel Loch For personal use only • New lodes close to existing development are under explored • Depth extensions of existing lodes anticipated • Funding $3.6M to convert resources to reserves 18
Slide 20: Exploration – Prospective land bank
Exploration – Prospective land bank For personal use only 19
Slide 21: NSW green field gold targets
NSW green field gold targets For personal use only • Significant land position in the Lachlan Fold Belt • Well-endowed porphyry Cu-Au belts • First phase of geophysical surveys completed • Follow-up gravity and aeromagnetic surveys planned 22
Slide 22: South Australian green field gold targets
South Australian green field gold targets For personal use only • Located in prospective Gawler Craton • Gravity survey planned to refine and prioritise targets for drill testing • Target Style: – Olympic Dam – Prominent Hill 23
Slide 23: Outlook
Outlook For personal use only • Gwalia key to long term value • FY 10 cash flow directed to Gwalia koz koz u/g development • Strong cash flows FY11+ • Solid three year plan • Southern Cross to generate positive net cash in each year • Positioning to capture growth opportunities through development,
Slide 24: Key Points
Key Points Two established gold operations For personal use only • Growing production profile • Reducing cost profile • Gwalia mine +9 years of reserves • Strong sustainable cash flows from FY2011 Opportunities • Unhedged • Project pipeline • Prospective land bank • Available plant capacity 25
Slide 25: Thank you
For personal use only 26 ….thank you 26
St Barbara — Melbourne Mining Club Cutting Edge Series (September 2009) on 6ix