Develop Global Limited · ASX:DVP
Develop Global — Investor Presentation (August 2024)
11 slides from Develop Global's investor presentation, Aug 2, 2024
Slide 1: Updated Investor Presentation
s ASX Announcement 2 August 2024 Updated Investor Presentation Develop Global Limited (ASX: DVP) (“Company”) advises that Managing Director Bill Beament has today delivered an updated Investor Presentation. In the presentation, Mr Beament discusses the Company’s recent entry into a term sheet for a
Slide 2: Woodlawn Funding/Offtake Details and Updated Valuation
ASX: DVP WOODLAWN FUNDING/OFFTAKE DETAILS AND UPDATED VALUATION 02 AUGUST 2024
Slide 3: Develop will utilise the power of people to produce clean metals
DEVELOP WILL UTILISE THE POWER OF PEOPLE TO PRODUCE CLEAN METALS AND HELP DECARBONISE THE WORLD.
Slide 4: Our flagship asset is our people
OUR FLAGSHIP ASSET: IS OUR PEOPLE • The mines of the future will be underground • Demand for underground skills is soaring • Develop’s Executives have one of the largest networks of underground personnel in the Australian industry • Develop has built its world class underground capability • We have
Slide 5: Develop 5-Year Business Plan: What's been achieved in <24 months
DEVELOP 5-YEAR BUSINESS PLAN WHAT’S BEEN ACHIEVED IN <24 MONTHS HYBRID BUSINESS MODEL: MINE OWNERSHIP AND MINING SERVICES BUSINESS UNITS Build world-class Be one of the most Produce some of Aim for annual Mining Services underground socially responsible the world’s metal output of in capability to o
Slide 6: Woodlawn Asset Copper/Zinc Mine
A QUALITY PROJECT FOR THE ENERGY REVOLUTION WOODLAWN ASSET COPPER/ZINC MINE • Purchased in May-22 for A$100M • Inherited ~A$340m of prior capital expenditure • Develop has spent ~A$60m on the mine Major achievements of this spend are; • Key operational team in place • Resource increased by 55% to 11
Slide 7: Funding & Offtake Agreement
WORLD-CLASS CAPABILITY FUNDING & OFFTAKE AGREEMENT • Leading base metals commodity trader, Trafigura, has agreed terms to provide a ~A$100M pre-payment/loan facility to bring Woodlawn into production. Funding terms are flexible • As part of the funding, Develop has also agreed to a ~5 year offtake a
Slide 8: Trafigura – Debt & Offtake Partner
WORLD-CLASS CAPABILITY TRAFIGURA – DEBT & OFFTAKE PARTNER Trafigura is a leading supplier of commodities and has a large share of the global base metals market. It manages complex supply chains to move minerals, metals and energy from where they are produced to where they are needed • Trafigura has
Slide 9: Woodlawn Restart Key Update Results
A QUALITY PROJECT FOR THE ENERGY REVOLUTION WOODLAWN RESTART KEY UPDATE RESULTS Pre-Tax NPV7%1 A$M July 24 Update 728 April 2024 Release 658 Payback Mths 23 24 • Pre-tax NPV increases by 11% to A$728m Free Cash-flow A$M 1,101 1,003 • Pre-tax free cashflow increases to A$1.1b Maximum Cash Down A$M 78
Slide 10: Important Information and Disclaimer
IMPORTANT INFORMATION AND DISCLAIMER Cautionary Statement The information contained in this document (“Presentation”) has been prepared by DEVELOP Global Limited (“Company”). This Presentation is being used as a presenter’s aid with summarised information. See DEVELOP’s other and periodic disclosure
Slide 11: Mineral Resources and Ore Reserves Statement
IMPORTANT INFORMATION AND DISCLAIMER Mineral Resources Statement Resource Tonnes Cu % Pb % Zn % Ag gpt Au gpt Category (Mt) WOODLAWN Measured 1.3 2.1 1.6 5.2 47.7 0.9 Indicated 6.8 1.8 1.7 4.7 34.6 0.4 Inferred 3.1 1.6 3.3 8.5 70 0.5 Total 11.3 1.8 2.1 5.8 46.0 0.5 JORC Code disclosures for the Wood