Regis Resources Limited · ASX:RRL
Regis Resources — Shareholder Meeting (November 2020)
22 slides from Regis Resources's shareholder meeting presentation, Nov 25, 2020
Slide 1: 2020 Annual General Meeting – Managing Director's Update
2020 Annual General Meeting – Managing Director’s Update JIM BEYER – MD & CEO 25 November 2020
Slide 2: Cautionary Statement
2 CAUTIONARY STATEMENT This presentation contains only a brief overview of Regis Resources Limited and its The Company confirms that it is not aware of any new information or data that materially associated entities (“Regis or RRL") and their respective activities and operations. The affects the inf
Slide 3: Consistency & Growth
3 CONSISTENCY & GROWTH Transparent Sustainability Reporting Strong Financial Position Consistent Dividend Payer Low Cost Producer MOOLART WELL 2.5Mtpa Consistent and Reliable Performance McPHILLAMYS PROJECT 2Moz Ore Reserve Potential ~200kozpa Au GARDEN WELL Internally Driven Value Growth Profile RO
Slide 4: Transparent Sustainability and ESG Reporting
4 TRANSPARENT SUSTAINABILITY AND ESG REPORTING Aligning to UN Sustainable Development Goals Safety & Environmental Health Stewardship Supply Chain Shared Values Risk with Host Management Communities Employment + Workforce Management Corporate Conduct Indigenous Opportunities + Respect for Culture Ou
Slide 5: COVID-19 Risk Management
5 COVID-19 RISK MANAGEMENT Health & Safety of our workforce of primary concern • Primary objective to protect the health and wellbeing of Regis employees, contractors, their families and the communities in which we operate • Health screening for all persons entering the operations • Extended rosters
Slide 6: People – The Foundation of Our Success
6 PEOPLE – THE FOUNDATION OF OUR SUCCESS Total 950 people – 338 employees & 612 contractors Lost Time Injury Frequency Rate 6.0 5.0 4.0 3.0 2.0 1.0 0.0 Renewed focus on safety performance and training Pockets of excellence but overall outcomes still inconsistent Risk management process upgrade impro
Slide 7: FY20 Highlights
7 FY20 HIGHLIGHTS Record NPAT of A$200M EBITDA1 Full Year Dividends NPAT Margin of 26% A$394m up 28% ROE of 24% 16c per share EBITDA Margin 52% WHILE ALSO PROGRESSING FUTURE GROWTH: McPhillamys Development Application submitted and Responses to Submissions lodged Bringing Rosemont Underground into p
Slide 8: Industry Leader in Low Cost Production
8 INDUSTRY LEADER IN LOW COST PRODUCTION ALL-IN SUSTAINING COSTS 2020 (US$/oz) $1,600 $1,400 $1,200 AISC (US$/oz) $1,000 $800 $600 $400 International peers (2020E) Australian peers (FY2020A) Source: Canaccord Genuity – Aug 2020. FX Assumption – 0.70AUD/1USD
Slide 9: Looking Forward – This Year
9 LOOKING FORWARD – This year Expecting a year of growth as Production continues to lift in line with the targeted growth Heading to 400,000oz pa Production rate is planned to lift above historic annual rate in the second half of the year FY21 GUIDANCE Gold Production 355,000 - 380,000 ounces C1 Cas
Slide 10: Three Key Elements of Internal Value Growth
10 THREE KEY ELEMENTS OF INTERNAL VALUE GROWTH Increasing Business Value Exploration & Optimisation Life Extension Growth McPhillamys Gold Project Step Change Growth Underground Contribution Incremental Growth Moolart Well Garden Well Rosemont Time
Slide 11: Internal Growth from Underground Operations
11 THREE KEY ELEMENTS OF INTERNAL VALUE GROWTH Internal Growth from Underground Operations Increasing Business Value Potential Incremental Additions at Duketon Garden Well Underground Baneygo and Rosemont Underground Gloster Underground Underground Contribution Incremental Growth Potential Productio
Slide 12: Incremental Growth from Underground
12 INCREMENTAL GROWTH FROM UNDERGROUND Value created with high grade UG ore displacing lower grade OP ore
Slide 13: Incremental Growth from Underground
13 INCREMENTAL GROWTH FROM UNDERGROUND Value created with high grade UG ore displacing lower grade OP ore Under evaluation More Projects in the evaluation pipeline
Slide 14: Internal Growth from McPhillamys Gold Project
14 THREE KEY ELEMENTS OF INTERNAL VALUE GROWTH Internal Growth from McPhillamys Gold Project Increasing Business Value Potential Incremental Additions at Duketon Garden Well Underground McPhillamys Gold Project Baneygo and Rosemont Underground Step Change Growth Gloster Underground Underground Contr
Slide 15: McPhillamys – Approvals in Final Phase
15 MCPHILLAMYS – APPROVALS IN FINAL PHASE MINERAL RESOURCE 2.29 Moz Au ORE RESERVE 2.02 Moz Au PRODUCTION Up to ~200koz Au SATELLITE PROJECT Discovery Ridge - 390koz Au Resource PRE-FEASIBILITY STUDY PHYSICALS1 Ore milled (Million tonnes) 60.1 Grade (g/t) 1.05 Recovery (%) 85 LOM gold produced (oz)
Slide 16: Internal Growth from Exploration & Project Optimisation
16 THREE KEY ELEMENTS OF INTERNAL VALUE GROWTH Internal Growth from Exploration & Project Optimisation Increasing Business Value Exploration & Optimisation Potential Incremental Additions at Duketon Life Extension Growth Garden Well Underground McPhillamys Gold Project Baneygo and Rosemont Undergrou
Slide 17: Ben Hur Acquisition Adds Mine Life
17 BEN HUR ACQUISTION ADDS MINE LIFE MINERAL RESOURCE 5.8Mt @ 1.6 g/t Au for 290koz Au POTENTIAL 2km long mineralised system open along strike and to depth
Slide 18: Moolart Well Optimisation
18 MOOLART WELL OPTIMISATION Conversion of low-grade resources into reserves • Conceptual work begun on the opportunities which may exist to extend the operating life if higher gold prices are used for Ore Reserve • Significant low-grade, oxide resources could potentially be exploited and extend the
Slide 19: Accelerating Discovery at Duketon
19 ACCELERATING DISCOVERY AT DUKETON Exploration budget increased Central to A$35m Zone Greenfields exploration Matts Bore MOOLART WELL portion now A$25m versus Betelgeuse A$5-7mpa historically Risden Well Accelerated exploration on ROSEMONT Campervan Ben Hur OP and high-grade UG GARDEN WELL extensi
Slide 20: Three Key Elements of Internal Value Growth
20 THREE KEY ELEMENTS OF INTERNAL VALUE GROWTH Increasing Business Value Exploration & Optimisation Life Extension Growth McPhillamys Gold Project Step Change Growth Underground Contribution Incremental Growth Moolart Well Garden Well Rosemont Time
Slide 21: Consistency & Growth
21 CONSISTENCY & GROWTH Transparent Sustainability Reporting Strong Financial Position Consistent Dividend Payer Low Cost Producer MOOLART WELL 2.5Mtpa Consistent and Reliable Performance McPHILLAMYS PROJECT 2Moz Ore Reserve Potential ~200kozpa Au GARDEN WELL Internally Driven Value Growth Profile R
Slide 22: Further information: Jim Beyer, Managing Director & CEO
Further information: Jim Beyer | Managing Director & CEO + 61 8 9442 2200
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