Lycopodium Limited · ASX:LYL
Lycopodium — Shareholder Meeting (November 2019)
30 slides from Lycopodium's shareholder meeting presentation, Nov 21, 2019
Slide 1: Annual General Meeting 2019
Annual General Meeting 2019 Delivering engineering excellence, value and innovation 21 November 2019 Delivering engineering excellence, value and innovation Annual General Meeting 2019
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). Delivering engineering excellence, value and innovation Annual General Me
Slide 3: Corporate Overview
Corporate Overview Share Price (as at 15.11.19) $5.30 Market Capitalisation Shares on Issue ~$217.7m Michael (Mick) Caratti Chairman 39.7m Peter De Leo Managing Director Bruno Ruggiero Executive Director Peter Dawson Executive Director Cash at Bank (as at 30.6.19) $60.5m Justine Campbell Lawrence (L
Slide 4: People First
People First HSE year-to-date as at end of October 2019: • 2.4 million manhours controlled • Zero LTI, MTI or debilitating injury of any kind • LTIFR – 0 • TRIFR – 1.811 1 Against Construction Industry frequency rate of 8.1 (Safe Work Australia, Australian Workers’ Compensation Statistics, 2016-17)
Slide 5: Core Capabilities
Core Capabilities Sectors Services Resources Infrastructure Industrial Processes • Gold and Precious Metals • Railways • Pharmaceuticals • Feasibility Studies • Base Metals • Roads • Biotechnology • Process Development and Optimisation • Battery Metals • Ports • Chemical and Energy • Engineering and
Slide 6: Locations
Locations Toronto CA Manila PH Johannesburg During FY2019: SA Brisbane AUS • Established additional offices Cape Town SA in South Africa to support Perth AUS African operations. Newcastle • Relocation of Manila office AUS Melbourne within the Bonfacio Global City AUS (BGC). Delivering engineering ex
Slide 7: FY2019 Group Highlights
FY2019 Group Highlights Operational • Continued to expand geographical reach within Revenue NPAT Fully Franked Resources sector. Dividend $154.0m $16.4m 30 cents • Delivered projects via a range of contracting models and further developed capability to deliver EPC projects. • Established Orway IQ jo
Slide 8: FY2019 Revenue by Sector
FY2019 Revenue by Sector FYE Jun-19 4% Sector A$’000 7% Resources 136.8 Infrastructure 11.6 Industrial Processes 5.7 89% 154.1 Delivering engineering excellence, value and innovation Annual General Meeting 2019
Slide 9: FY2019 Revenue by Geography
FY2019 Revenue by Geography FYE Jun-19 9% 19% 6% Sector A$’000 Australia 29.6 Africa 100.8 Americas 9.7 Other 14.0 66% 154.1 Delivering engineering excellence, value and innovation Annual General Meeting 2019
Slide 10: FY2019 Balance Sheet
FY2019 Balance Sheet June 19 June 18 Strong Cash on hand of A$m A$m Balance $60.5m Current Assets 102.8 118.5 Sheet as at 30 June 2019 Total Assets 119.8 114.4 Total Liabilities 40.4 62.0 Net Tangible Assets per Share Minimal 182.9 cents Debt Equity 79.4 79.3 Delivering engineering excellence, value
Slide 11: Reward and Retention Policy
Reward and Retention Policy • The Remuneration Committee has developed an Executive and Key Staff Reward and Retention Policy. • These key personnel are critical to the current and future success of the Company and the scheme is designed to reward above- average performance for both existing and fut
Slide 12: Major Projects
Major Projects Delivering engineering excellence, value and innovation Annual General Meeting 2019
Slide 13: 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 Delivering engineering excellen
Slide 14: Cobre Panama goes commercial – one of the smoothest ramp-ups
“Cobre Panama goes commercial – one of the smoothest ramp-ups we have seen.” Summary: FM declared commercial production at Cobre Panama as at September 1, a month ahead of guidance and two weeks ahead of our expectation. Total copper production through the end of September is 87kt, in line with our
Slide 15: Ity
Ity SECTOR Resources CLIENT Endeavour Mining Corporation LOCATION Côte d’Ivoire COMMODITY Gold • EPCM services for the gold CIL plant SCOPE • EPCM services to increase capacity to 5 Mtpa PROCESSING 5 Mtpa CAPACITY Delivering engineering excellence, value and innovation Annual General Meeting 2019
Slide 16: Endeavour Declares Commercial Production of Its Ity CIL Project
Endeavour Declares Commercial Production of Its Ity CIL Project at Full Nameplate Capacity April 8, 2019 – Endeavour Mining Corporation is pleased to announce commercial production of its Ity CIL project, in Côte d'Ivoire, at its full nameplate capacity following a quick ramp up phase. Sébastien de
Slide 17: Toka Tindung
Toka Tindung SECTOR Resources CLIENT PT Archi Indonesia LOCATION Indonesia COMMODITY Gold • EPCM services for throughput upgrade of the process plant SCOPE facilities • Capacity increase from 2.4 Mtpa to 3 Mtpa PROCESSING 3 Mtpa CAPACITY Delivering engineering excellence, value and innovation Annual
Slide 18: Wahgnion
Wahgnion SECTOR Resources CLIENT Teranga Gold Corporation LOCATION Burkina Faso COMMODITY Gold • Full EPCM services for the design and construction of the process plant SCOPE • Engineering design for support infrastructure, including accommodation village PROCESSING 2.7 Mtpa CAPACITY Delivering engi
Slide 19: Bonasika
Bonasika SECTOR Resources CLIENT Guyana Industrial Minerals LOCATION Guyana COMMODITY Bauxite • Detailed engineering SCOPE • Technical procurement support PROCESSING • 350 Ktpa CAPACITY Delivering engineering excellence, value and innovation Annual General Meeting 2019
Slide 20: 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 Delivering engineering excellence, value and innovation Annual General Meeting 2019
Slide 21: Sanbrado
Sanbrado SECTOR Resources CLIENT West African Resources LOCATION Burkina Faso COMMODITY Gold • Full Engineering, Procurement SCOPE and Construction Management (EPCM) services PROCESSING 2 to 2.7 Mtpa CAPACITY Works currently on schedule and budget Delivering engineering excellence, value and innovat
Slide 22: Mt Cattlin
Mt Cattlin SECTOR Resources CLIENT Galaxy Lithium Australia LOCATION Ravensthorpe, WA COMMODITY Lithium • Design and construction of four new process modules to increase yield optimisation of SCOPE the existing lithium processing facility • Awarded and delivered via Mondium Delivering engineering ex
Slide 23: Feasibility Studies
Feasibility Studies SECTOR Resources PROJECT CLIENT LOCATION COMMODITY COMMENTS Boto IAMGOLD Senegal Gold Preferred EPCM Corporation partner Toliara Base Resources Madagascar Mineral sands In conjunction with Mineral Technologies Yanqul Mazoon Mining Oman Copper, gold Company Bomboré Orezone Gold Bu
Slide 24: Infrastructure Projects
Infrastructure Projects SECTOR Infrastructure PROJECT CLIENT LOCATION SCOPE Newcastle Downer EDI New South Engaged to support the Light Rail Limited Wales development of the operating and maintenance manuals of the project’s infrastructure Pacific Pacific Across Provision of Rail National National A
Slide 25: Industrial Processes Projects
Industrial Processes Projects SECTOR Industrial Processes PROJECT CLIENT LOCATION SCOPE Geo40 Geo40 New Design and commissioning of a Silica Zealand new facility for the extraction of Extraction silica from geothermal fluids Plant Karratha EcoMag Western Further develop the overall plant Magnesium A
Slide 26: Process Optimisation: Orway IQ
Process Optimisation: Orway IQ • Orway IQ is a joint venture between Lycopodium subsidiary company Orway Mineral Consultants (OMC) and Process IQ Pty Ltd. • Orway IQ was formed to deliver a remote optimisation consulting service – MillROC (Milling Remote Optimisation Consulting) – to the minerals pr
Slide 27: Strategy and Outlook: Overarching
Strategy and Outlook: Overarching • Strong pipeline of projects and key identified prospects. • Continue to secure EPC projects and further establish Mondium as a leading EPC contractor. • Further geographical expansion – pursue opportunities in large markets where we are under-represented. • Pursue
Slide 28: Strategy and Outlook: Sectors
Strategy and Outlook: Sectors Resources Infrastructure Industrial Processes • Diversified offering – broad range of • Market rationalisation to fit with core • Continue to leverage expertise – commodities and geographies. services we provide. complex chemistry, heat and mass transfer and solid/liqui
Slide 29: Thank You
Thank You The commitment and talent of our people is fundamental to achieving our success Delivering engineering excellence, value and innovation Annual General Meeting 2019
Slide 30: Thank you for your attendance today, we are happy to answer your questions
Thank you for your attendance today, we are happy to answer your questions Delivering engineering excellence, value and innovation Annual General Meeting 2019