Southgobi Resources Ltd. · TSXV:SGQ
Southgobi Resources — Q2 2015 Earnings Presentation
5 slides from Southgobi Resources's earnings presentation, Aug 13, 2015
Slide 1: 2015 Second Quarter Financial Results
2015 Second Quarter Financial Results August 13, 2015 2015 Second Quarter Results Presentation AUGUST 2015 | 1
Slide 2: Cautionary statement
Cautionary statement Forward-looking statements Except for statements of fact relating to the Company, certain information contained herein constitutes forward- looking statements. Forward-looking statements are frequently characterized by words such as “plan”, “expect”, “project”, “intend”, “believ
Slide 3: Q2 2015 highlights and subsequent events
Q2 2015 highlights and subsequent events • The Company resumed production smoothly in Q2 with no lost time injury year to date 2015. • Coal market conditions in China remained challenging, sales volume of the Company was low in Q2 despite higher average selling prices due to improvement in sales mix
Slide 4: Q2 2015 financial results
Q2 2015 financial results Q2 2015 Q1 2015 Remarks Raw coal production (millions of tonnes) 0.62 - Production resumed in Q2 Coal sales (millions of tonnes) 0.19 0.18 Average realized price ($/tonne) 17.42 12.66 Improvement in product mix $ in millions Revenue 3.0 1.6 Operating expenses (4.6) (1.9) In
Slide 5: Outlook
Outlook Outlook Market outlook – Slowdown in China’s economy – Coal market expected to remain challenging but demand for cleaner coal will grow 2015 and medium-term objectives – Execute improvement in Company’s sales, marketing and logistics capabilities by expanding the Company’s customer base furt