St. Barbara Ltd. · ASX:SBM
St. Barbara — ASX International Investor Conference, Hong Kong 2009
27 slides from St. Barbara's conference presentation, Oct 29, 2009
Slide 1: ASX Announcement: Presentation by Tim Lehany
ASX Announcement Presentation by Mr Tim Lehany, Managing Director and CEO For personal use only Attached is a copy of a presentation to be given by Mr Tim Lehany, Managing Director and CEO, to the ASX International Investor Conference in Hong Kong on Thursday 29 October, 2009. Ross Kennedy Executive
Slide 2: Growing Australian Gold Producer
For personal use only Growing Australian Gold Producer ASX Hong Kong Conference Tim Lehany, Managing Director & CEO 1 29 October, 2009
Slide 3: Disclaimer
Disclaimer For personal use only This presentation has been prepared by St Barbara Limited (Company). The material contained in this presentation is for information purposes only. This presentation is not an offer or invitation for subscription or purchase of or a recommendation in relation to secur
Slide 4: Presentation overview
Presentation overview For personal use only • Company Profile • Operations and Growth • Exploration • Capital Management • Key Points 3
Slide 5: Company profile
Company profile For personal use only • Australian gold company 200kozpa+ • Two producing operations • Reserves 2.5M ozs (June 09) • Resources 9.5M ozs (June 09) • Low political risk • Established infrastructure and all licences to operate • Exploration land bank 14,000+ kms2 prospective for discove
Slide 6: Company structure and finance
Company structure and finance For personal use only • ASX Market Cap – A$515M# • No hedging • Ordinary shares -1,494M • Cash - A$83M* [inc restricted cash A$21M] • Conv. Notes - A$77.1M – SGX listed # October 2009 *30 September 2009 • Other liabilities - A$19.5M* Significant Shareholders Holders M&G
Slide 7: Gwalia, Leonora – St Barbara's cornerstone asset
Gwalia, Leonora – St Barbara’s cornerstone asset For personal use only 6
Slide 8: Gwalia – Power plant designed for expansion
Gwalia – Power plant designed for expansion For personal use only 7
Slide 9: Gwalia – Long life, low cost operation
Gwalia – Long life, low cost operation For personal use only 1. • High grade (9g/t), long life 8+ yrs Three year forecast 250 • Established mining method • Geotechnical characteristics well 200 understood 150 • Increasing grades in FY11 and FY12 100 • First quartile cash cost by FY12 • Available pla
Slide 10: Gwalia – New mining operation in fresh rock
Gwalia – New mining operation in fresh rock For personal use only Three year production focus 1100-1400 mbs 9
Slide 11: Gwalia - Production sequence
Gwalia - Production sequence FY 09 For personal use only 10
Slide 12: Gwalia - Production sequence
Gwalia - Production sequence FY 10 For personal use only 11
Slide 13: Gwalia - Production sequence
Gwalia - Production sequence FY 11 For personal use only 12
Slide 14: Gwalia - Production sequence
Gwalia - Production sequence FY 12 For personal use only 13
Slide 15: Tower Hill – 2km from Gwalia mill
Tower Hill – 2km from Gwalia mill For personal use only 14
Slide 16: Tower Hill – Growth opportunity
Tower Hill – Growth opportunity For personal use only • 350koz over 6yrs* • Grade 4.5 g/t gold • Cash costs < A$800/oz • Capital cost < A$25 mill • Full feasibility underway – Decision March Qtr 2010 – Potential production Jan 2011 • Open at depth • Higher mill utilisation delivers lower treatment *
Slide 17: Tarmoola
For personal use only Tarmoola 16
Slide 18: Tarmoola higher grade
Tarmoola higher grade For personal use only • New high grade interpretation of underground mineralisation • Development options and sale process progressing in parallel 17
Slide 19: Southern Cross – Leverage to A$ gold price
Southern Cross – Leverage to A$ gold price For personal use only 18
Slide 20: Marvel Loch Underground – Southern Cross Cornerstone
Marvel Loch Underground – Southern Cross Cornerstone For personal use only 19
Slide 21: Marvel Loch Underground – Three year outlook
Marvel Loch Underground – Three year outlook For personal use only • Reliable production Three year forecast koz • Surplus plant capacity (>1Mtpa) 140 • Options to extend mine life 120 – New lodes close to existing mine 100 development are under explored 80 – Drilling for depth extensions for 60 exi
Slide 22: Growth opportunities at Southern Cross
Growth opportunities at Southern Cross For personal use only • Western Australia’s third most richly endowed gold belt • Nevoria under evaluation • Evaluating potential of previous mines on our land 21
Slide 23: Exploration = Upside Opportunities
Exploration = Upside Opportunities For personal use only 22
Slide 24: Targets for potential discoveries
Targets for potential discoveries For personal use only • Good position in the Lachlan Fold Belt, NSW • Well-endowed porphyry Cu-Au province • Prospective ground in the Gawler Craton, SA • Gravity survey planned to refine and prioritise targets for drill testing 23
Slide 25: Capital management
Capital management For personal use only • Focus on shareholder returns • Strong cash flows FY12 onwards • FY 10 cash flow directed to Gwalia u/g development • Potential redemption of $77 M convertible notes on 4 June ’10 • Growth opportunities identified • A$50M equity standby facility • SBM’s acce
Slide 26: Positioned for Growth
Positioned for Growth For personal use only • Growing gold production from 200- 240koz in FY10 to 300-340koz in FY12 • Reliable delivery to forecast • Strong underground mining capability • Reducing cost profile • Leverage to A$ gold price • Organic growth opportunities 25
Slide 27: Investor Relations Enquiries
For personal use only Growing Australian Gold Producer Investor Relations Enquiries Ross Kennedy, Executive General Manager, Corporate Services Xian Davies, Investor Relations & Communications Tel + 61 (3) 8660 1900 Email : xian.davies@stbarbara.com.au www.stbarbara.com.au 26 26
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