Slide 1: Full Year Results
For personal use only Full Year Results For the year ending 30 June 2016
Slide 2: Forward Looking Statement
Forward Looking Statement For personal use only This presentation includes certain statements, estimates and projections with respect to the future performances of Resolute. Such statements, estimates and projections reflect various assumptions concerning anticipated results, which assumptions may p
Slide 3: Resolute is a global gold producer, explorer, developer and innovator
For personal use only Resolute is a global gold producer, explorer, developer and innovator. 3
Slide 4: FY16: A Transformational Year
FY16: A Transformational Year For personal use only Balance sheet strengthened Record Net all senior and secured Profit FY16 debt repaid Developing long mine life Applying our operational operations expertise globally at our existing projects 4
Slide 5: FY16 Highlights
FY16 Highlights Outstanding Transformational Performance For personal use only Financial Operating Balance Sheet Performance Performance Total Cash and bullion at A$213m FY16 net profit after tax 340,540oz Total gold sold for FY16 A$102m market value Revenue from gold and Average price for total gol
Slide 6: Financial performance
Financial performance For personal use only 2016 Revenue from Gold and Silver Sales A$555m Gross Profit from Operations A$167m Net Profit After Tax A$213m Return on Equity 129% Diluted Earnings per Share 27.6cents 6
Slide 7: Operating performance
Operating performance For personal use only 2016 Total Gold Sold 340,540oz Total Gold Sold Average Price A$1,624/oz (US$1,184/oz) Total Annual Gold Production 315,169oz All-in-Sustaining Cost A$1,200/oz (US$874/oz) 7
Slide 8: Balance sheet and cash flow
Balance sheet and cash flow For personal use only 2015 2016 Secured Debt / Convertible Notes A$89m - Cash & Bullion A$54m A$102m Net Cash, bullion / (debt) A$-64m A$75m Net Operating Cash Flows A$62m A$193m 8
Slide 9: Resolute gold dividend
Resolute gold dividend For personal use only Resolute has partnered with The Perth Mint to provide shareholders with the unique opportunity to receive dividend payments in gold. See ASX Announcement dated 30 August 2016 for dividend details. Mr John Welborn, Managing Director & CEO and Mr Richard Ha
Slide 10: Transformation
Transformation For personal use only ASX: RSG Gross Profit Share Price Market Cap from operations 2016 2016 2016 $167m $1.88 $1.2Bn 2015 2015 2015 $71m $0.24 $154m 10
Slide 11: Financial highlights FY16
Financial highlights FY16 For personal use only Gross Profit Gold Price Per Ounce $180 1,800 $160 USD AUD 1,700 $140 1,600 $120 1,500 $100 A$M 1,400 $80 1,300 $60 1,200 $40 1,100 $20 1,000 $0 Jun-14 Jun-15 Jun-16 Debt Net of Cash/Bullion $ RSG Share Price 80 2.60 60 2.40 2.20 40 2.00 20 1.80 1.60 0
Slide 12: Strong cash flow
Strong cash flow For personal use only Quarterly Cash & Bullion FY2016 Cash Flows A$M A$M 260 110 240 100 220 200 90 180 80 160 70 140 120 60 100 50 80 40 60 40 30 20 20 0 10 0 Jun-15 Sep-15 Dec-15 Mar-16 Jun-16 12
Slide 13: Investment Highlights
Investment Highlights For personal use only • Two high margin operating gold mines and a longer term development project • Currently operating the 250koz Syama Gold Mine in Mali and the 100koz+ Ravenswood Gold Mine in Queensland, Australia • Bibiani Gold Project in Ghana provides longer term growth
Slide 14: FY17: Transformation Continues
FY17: Transformation Continues For personal use only Prioritising Diversifying our sustainable dividends production base Ambition to be producing Reducing All-in-Sustaining Costs (AISC) >450kozpa through innovation from 3 operations by 2020 14
Slide 15: Appendix
For personal use only Appendix
Slide 16: Key financial performance indicators
Key financial performance indicators For personal use only 30 June 2016 30 June 2015 Improvement Revenue from gold and silver sales A$M 555 462 93 20% Gross profit from operations A$M 167 71 96 135% Net profit/(loss) after tax A$M 213 (569) 782 N/A Diluted earnings/(loss) per share A$ 0.276 (0.784)
Slide 17: Key operating performance indicators
Key operating performance indicators For personal use only Syama Syama Syama Total Ravenswood GROUP GROUP Units Sulphide Oxide 2016 2016 2016 Total 2016 Total 2015 2016 UG lateral development - capital m - - - 456 456 958 UG lateral development - operating m - - - 1,351 1,351 2,020 Total UG lateral
Slide 18: Going underground at Syama
Going underground at Syama: developing a robust, long life flagship gold mine. For personal use only Life of U/G Mine All-in-Sustaining-Cost US$881 Initial 12 year per ounce Operating life Pre-production capital of US$95 million fully funded 18
Slide 19: Ravenswood Extension Project
Ravenswood Extension Project: a strong future beyond Mt Wright. For personal use only Sarsfield Buck Reef West 1.2Moz Reserve & 1.2Moz Resource 1.3Moz Resource Targeting a 10+ year Nolans East 71koz Reserve Extension Project 19
Slide 20: Bibiani: Feasibility Study confirms viable pathway to production
Bibiani: Feasibility Study confirms viable pathway to production. For personal use only Initial Ore Reserve of Life of Mine All-in-Sustaining-Cost 5.4Mt @ 3.7g/t US$858/oz containing per ounce 640,000oz of gold Pre-production capital of US$72 million 9 month timeline to production
Slide 21: For personal use only
For personal use only ASX:RSG | www.rml.com.au