Kingsgate Consolidated Limited · ASX:KCN
Kingsgate Consolidated — Shareholder Meeting (November 2009)
21 slides from Kingsgate Consolidated's shareholder meeting presentation, Nov 9, 2009
Slide 1: CEO's Presentation 2009 Annual General Meeting
For personal use only 9 November 2009 Via ASX Online (21 pages including cover) For Public Release The Manager Company Announcements Office Australian Securities Exchange Dear Sir/Madam, CEO’S PRESENTATION 2009 Annual General Meeting Please find attached the CEO’s Presentation for our 2009 Annual Ge
Slide 2: A Golden Year
Kingsgate Consolidated Limited A For personal use only Golden Year AGM 09-11-09
Slide 3: Chairman's Address
Kingsgate For personal use only Consolidated Limited Chairman’s Address 09 November 09 Ross Smyth-Kirk Chairman
Slide 4: MD & CEO's Summary
For personal use only Kingsgate Consolidated Limited A Golden Year AGM 09-11-09 MD & CEO’s Summary Gavin Thomas Managing Director & CEO
Slide 5: Disclaimer
For personal use only Disclaimer Forward Looking Statements: These materials These materials include include forward forward looking looking statements. statements. Forward Forward looking looking statements statements inherently inherently involve involve subjective subjective judgment judgment &&
Slide 6: A Golden Year - 2009
For personal use only A Golden Year - 2009 Returned to: Low Cost Gold Production Solid Profits from High margins Dividends Share price appreciation Reserve Growth New Discoveries
Slide 7: Return to Full Production
For personal use only Return to Full Production Successful Ramp-up after new lease grant Low Cash Cost/ounce Forecast: Upper end of 120-140,000oz FY’10 A Pit K East New mining areas at Chatree North
Slide 8: Low Cost Gold Producer
Gold Price US$use only Low Cost Gold Producer Lowest 20% of World Production 1000 Low Cost Drivers: 800 Global Cash Cost Grid Power Curve 2008 For personal Cash margin Local workforce 600 Local suppliers 400 Average Efficient safe mine 2008/09 200 Kingsgate June Half ‘09 (US$467/oz)
Slide 9: Current Operations
For personal use only Current Operations A Pit A Pit Plant K East A Pit K East Slip cleared C North Underpass for Chatree North ore High Grade >3g/t
Slide 10: Current Operations, C North
For personal use only Current Operations, C North September Current
Slide 11: Strong Profit & Dividends
For personal use only Strong Profit & Dividends Solid profit Solid profit from from strong strong second second half half Profit: A$33M year performance year performance inin FY FY 2008/09 2008/09 EPS: A$0.35/share Revenue A$114M Revenue A$114M FY’09 FY’09 A$19M cash A$19M cash at at 30 30 Sept Sept
Slide 12: Kingsgate's Value Drivers
For personal use only Kingsgate’s Value Drivers Low Cost Gold Producer Low cost / high margin In lowest 20% of industry in ‘09 Low cost at low grades Organic Growth Chatree Chatree Expansion- double throughput Reserve/resource growth coming Gold Near mine discoveries Belt
Slide 13: Expansion: Close to finalised
For personal use only Expansion: Close to finalised Capex ~US$100M Capex ~US$100M going going forward forward Mills purchased; Mills purchased; Banks Banks visited visited site site BOI application BOI application for for new new Plant Plant Current Plant Plant Expansion 2.4 mtpa + 2.6 m
Slide 14: Reserve Growth – Larger Pits
Reserve Growth – Larger Pits ‘A’ Pit- ‘A’ Pit- Chatree Chatree North North For personal use only Current Larger Pit Larger Pit potential potential Mining A Hill A Hill at higher at higher US$950/oz US$950/oz gold gold price price without changing without changing grade grade Chatree Total Chatree To
Slide 15: Reserve Growth – Larger Pits (Section)
Reserve Growth – Larger Pits ‘A’ Pit- ‘A’ Pit- Chatree Chatree North North (Section) (Section) For personal use only Larger Pit Larger Pit potential potential at at higher higher gold gold price price Current Mining 30m @ 16g/t gold Deep Drilling Focus 12m @ 30g/t gold for late ‘09
Slide 16: New Discoveries
New Discoveries Phitsanulok For personal use only Province Delivering on the First Mover Resistivity Resistivity Anomalous Anomalous Advantage: Granted Zones Zones Phetchabun New Discoveries Province Chatree 75 Near mine (<10km) North North km Chatree North Chatree Suwan - Satellite deposit Chat
Slide 17: Suwan Discovery
Suwan For personal use only Discovery Discovery under cover: Near mine (<10km) Four prospects; two with 6 open pit potential km Wide low grade gold mineralisation intersected Rockchi High grade veins also 1,030 1000 metres
Slide 18: Chokdee Discovery
Chokdee For personal use only Discovery Rockchips up to 1,030 g/t gold
Slide 19: Excellent Track Record
For personal use only Excellent Track Record World’s Safest Gold Mine 6 years – No incidents Zero Environmental Incidents ISO standards on all activities Only mining company granted Social Accountability SA8000 Training focus - 99% Thai 31% women in management High quality, stable
Slide 20: Golden Future
For personal use only Golden Future Upper end Upper end of of forecast forecast production production Low Cost Production Back to Back to higher higher grades grades in in Dec Dec Qtr Qtr Drilling extensions Drilling extensions to to pits pits Reserve Growth High grade High grade veins veins beneath
Slide 21: For personal use only
For personal use only
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