Allied Gold Corporation · TSX:AAUC
Allied Gold — Investor Presentation (February 2025)
22 slides from Allied Gold's investor presentation, February 2025
Slide 1: Investor Presentation February 2025
TSX: AAUC INVESTOR PRESENTATION February 2025
Slide 2: Disclaimers
Disclaimers CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION AND STATEMENTS This presentation contains "forward-looking information" and future-oriented financial information (“FOFI”) under applicable Canadian securities legislation. Except for statements of historical fact relating to the
Slide 3: Highlighting Optionality
Highlighting Optionality(1) Allied Gold provides all the aforementioned benefits and, most significantly, promising exploration prospects with an extensive mineral inventory poised for growth Gold companies are assessed At its core, our business In a rising gold price based on a range of measures, i
Slide 4: Unparalleled Optionality and Growth
Unparalleled Optionality and Growth(1) Large existing New discoveries being Growing production and mineral inventory identified and proven lowering costs Allied Gold has a unique presence on two of the world’s most abundant gold belts: the Birimian Greenstone Belt and the Arabian-Nubian Shield Notes
Slide 5: Well Positioned to Deliver on Growth and Realize Upside Optionality
Well Positioned to Deliver on Growth and Realize Upside Optionality(1) Significant in- Fully permitted Geopolitically Fiscal stability country knowledge mines and established in each jurisdiction and presence development stage jurisdictions in which projects with for mining we operate established Co
Slide 6: Opportunity Overview
Opportunity Overview(1) • Established mid-tier producer: Sustainable production base of 375koz-400koz per year from three mines • Large-scale, long-life assets: Mineral Reserves of 11+ Moz Au, M&I Mineral Resources of 16+ Moz Au and Inferred Mineral Resources of 1.8 Moz Au(2), all expected to increa
Slide 7: Sadiola Overview
Sadiola Overview(1) Large mineral inventory with significant exploration prospects in the mining license and at nearby satellite deposits including Korali-Sud • Have entered into protocol agreement and implemented provisions • Advancing further discussions for regional consolidation, • Encompasses l
Slide 8: Côte d'Ivoire Complex Overview
Côte d’Ivoire Complex Overview(1) Oume (Dougbafla), the mineralized area north of Bonikro, represents a meaningful opportunity to Bonikro extend mine life while Agbaou’s potential for new West resources leading to mine life extension is now coming into focus • Reduced costs are anticipated due to lo
Slide 9: Kurmuk Overview
Kurmuk Overview(1) There is gold everywhere and we have already begun to find it • Advancing development on schedule and on budget, with planned production beginning in Q2 2026 • Considerable upside and optionality are available • Extensive exploration continues, working to increase inventory over t
Slide 10: Executing Financing Strategy
Executing Financing Strategy(1) • Allied continues to enhance its financial flexibility to support its growth plans. The recent equity issuance, streaming agreement, and prepay arrangement were designed to deliver long-term shareholder value by funding growth and optimization initiatives with substa
Slide 11: Preliminary Fourth Quarter Performance
Preliminary Fourth Quarter Performance Q4 2024 Production 99,632 ounces of gold Q4 was materially stronger, showcasing an annualized production platform • Fourth-quarter production gains were driven by strong contributions from Korali-Sud at Sadiola, and continued solid performance from the Côte d’I
Slide 12: Significant near-term growth with longer-term upside
Significant near-term growth with longer-term upside(1) ~800 Increasing production and cost improvements are set to deliver robust cash flows growth, exceeding the rate of >600 production growth Short-term: Additional oxide ore at Sadiola, expansion of 375-400 Sadiola Phase 1, optimization and LOM e
Slide 13: Platform for Significant Value Growth
Platform for Significant Value Growth(1) EBITDA: Material upside potential(2) ~5x Growth With the plan to increase ~US$1,000M production by 50% by 2026 and ~3.0x approximately double by Growth 2028, EBITDA is anticipated to triple by 2026 and increase ~US$600M again to almost five times by 2029 ~US$
Slide 14: Compelling Valuation and Improving Liquidity
Compelling Valuation and Improving Liquidity(1) Alliedisisundervalued Allied undervaluedacross acrossall allmetrics, metrics,with withsignificant significantre-rate re-ratepotential potential asits as itsunderlying underlyingvalue valueisisdemonstrated demonstrated Operating Case NAV Operating Case
Slide 15: Case Studies in Value Creation
Case Studies in Value Creation(1) Changes in Lundin Gold valuation from the start of the Centamin Deal – The read-through value of the recent acquisition of Centamin by AngloGold Ashanti highlights the financing to September 2024 value potential at Kurmuk. Applying the implied valuation metrics from
Slide 16: Driving Sustainable Growth and Value Creation
Driving Sustainable Growth and Value Creation Addressing Valuation Headwinds Navigating Comprehensive Stock geopolitical financing market and fiscal strategy liquidity issues Will Discount Continue? We’re at an Inflection Point • We’ve signed a protocol agreement in Mali • We’re delivering on a comp
Slide 17: Appendices
Appendices
Slide 18: Appendix A Mineral Reserves and Mineral Resources
Appendix A Mineral Reserves and Mineral Resources As of December 31, 2023 Proven Mineral Reserves Probable Mineral Reserves Total Mineral Reserves Mineral Property Tonnes (kt) Grade (g/t) Content (koz) Tonnes (kt) Grade (g/t) Content (koz) Tonnes (kt) Grade (g/t) Content (koz) Sadiola Mine 18,612 0.
Slide 19: Appendix A Year-End 2023 Mineral Reserves and Resources
Appendix A Year-End 2023 Mineral Reserves and Resources Reporting Notes SADIOLA KURMUK Mineral Resources: Mineral Resources: • The Sadiola Mineral Resource Estimate is listed at 0.5 g/t Au cut-off grade, • The Kurmuk Mineral Resource Estimate is listed at 0.5 g/t Au cut-off grade and constrained wit
Slide 20: Appendix A Year-End 2023 Mineral Reserves and Resources
Appendix A Year-End 2023 Mineral Reserves and Resources Reporting Notes BONIKRO AGBAOU Mineral Resources: Mineral Resources: • The Mineral Resource estimate for Bonikro and Agbalé are listed at 0.5 g/t Au cut-off • The Agbaou Mineral Resource Estimate is listed at 0.5 g/t Au cut-off grade, grade, co
Slide 21: Appendix B Non-GAAP Financial Measures
Appendix B Non-GAAP Financial Measures NON-GAAP FINANCIAL PERFORMANCE MEASURES The Company has included certain non-GAAP financial performance measures and ratios to supplement its Consolidated Financial Statements, which are presented in accordance with IFRS, including the following in this present
Slide 22: Appendix B Non-GAAP Financial Measures
Appendix B Non-GAAP Financial Measures AISC PER GOLD OUNCE SOLD AISC figures are calculated generally in accordance with a standard developed by the World Gold Council (“WGC”), a non-regulatory, market development organization for the gold industry. Adoption of the standard is voluntary, and the sta