Sheffield Resources Limited · ASX:SFX
Sheffield Resources — Q4 2023 Earnings Presentation
9 slides from Sheffield Resources's earnings presentation, Jan 23, 2024
Slide 1: December 2023 Quarterly Report Webinar
DECEMBER 2023 Q UA R T E R LY R E P O R T WEBINAR BRUCE GRIFFIN EXECUTIVE CHAIR 23 January 2024 ASX: SFX www.sheffieldresources.com.au
Slide 2: Notice and Disclaimer
NOTICE AND DISCLAIMER IMPORTANT: You must read the following in conjunction with this document. Summary information in relation to Sheffield This document contains summary information about Sheffield Resources Limited (ACN 125 811 083) (Company or Sheffield), its subsidiaries and their activities wh
Slide 3: Sheffield Resources
SHEFFIELD RESOURCES Assembling a portfolio of global mineral sands development and production assets to generate cash returns and growth CORE ASSET KMS GROWTH S O U T H AT L A N T I C FUTURE GROWTH Thunderbird Mineral Sands Enhance KMS through South Atlantic Option Review of other quality mineral Mi
Slide 4: Production Commenced October 2023
PRODUCTION COMMENCED OCTOBER 2023 Q4 CY2023 ACTUAL AND 2022 BFS ASSUMPTIONS 300,000 3,000,000 Actual Performance 2022 BFS Assumptions1 250,000 2,500,000 9,000 200,000 2,000,000 46,000 8,000 Ore Tonnes Mined Product Tonnes 2022 BFS assumed 37,000 150,000 no 2023 1,500,000 production 6,000 5,000 30,00
Slide 5: First Ore Production in October 2023
FIRST ORE PRODUCTION IN OCTOBER 2023 TA I L I N G S S T O R A G E FA C I L I T Y MINE DECEMBER 2023 DECEMBER 2023 PROCESS PLANT HMC AND PRODUCT STOCKPILES DECEMBER 2023 Sheffield Resources Limited I ASX: SFX I Assembling a portfolio of global mineral sands development and production assets to genera
Slide 6: Design for Key Risks
DE RISKING RAMP UP Mining fleet and DMU sized for 1800tph vs WCP at 1,085tph ++ Main variability is proportion of oversize/undersize ++ Sub 12mm ore to WCP can be maintained even with high oversize Starter pit open in all directions ++ Main variability is proportion of oversize/undersize ++ Can mana
Slide 7: Fully Funded to Execute Proposed Work Program
FULLY FUNDED TO EXECUTE PROPOSED WORK PROGRAM A$23m cash balance at end of CY 2023, with adequate proceeds to fund work programs extending throughout CY2025 2024 2025 2026 Thunderbird Stage 1 Cashflow from KMS to Thunderbird Stage 1 Fully Funded: $75m of cash and undrawn facilities at the start of 2
Slide 8: Sheffield Resources
SHEFFIELD RESOURCES Assembling a portfolio of global mineral sands development and production assets to generate cash returns and growth CORE ASSET KMS GROWTH S O U T H AT L A N T I C FUTURE GROWTH Thunderbird Mineral Sands Enhance KMS through South Atlantic Option Review of other quality mineral Mi
Slide 9: Thank You
THANKYOU Registered and Corporate Office Sheffield Resources Limited Level 2, 41-47 Colin Street West Perth WA 6005 +61 8 6555 8777 info@sheffieldresources.com ASX: SFX www.sheffieldresources.com.au Sheffield Resources Sheffield Resources @Sheffield_ASX