Aurelia Metals Limited · ASX:AMI
Aurelia Metals — Q4 2023 Earnings Presentation
16 slides from Aurelia Metals's earnings presentation, Jul 20, 2023
Slide 1: June Quarterly Update and Outlook
rsonal use only JUNE QUARTERLY UPDATE AND OUTLOOK 20 July 2023 ASX Code: AMI
Slide 2: Forward Looking Statements and Outlook
FORWARD LOOKING STATEMENTS AND OUTLOOK QUARTER UPDATE This presentation has been prepared by Aurelia Metals Limited (“AMI” or the By its very nature, production and exploration for gold and base metals is a high rsonal use only “Company”). It should not be considered as an offer or invitation to sub
Slide 3: June 2023 Quarter Highlights
3 JUNE 2023 QUARTER HIGHLIGHTS Record safety FY23 guidance Balance sheet Remobilised to New MD and CEO rsonal use only performance achieved to fund growth Federation appointed ✓ Zero Recordable ✓ FY23 production ✓ Financing package ✓ Underground ✓ Appointment of Injuries for six and cost guidance wi
Slide 4: FY23 Guidance Delivered
4 FY23 GUIDANCE DELIVERED AND OUTLOOK QUARTER UPDATE Demonstrates improved operational stability rsonal use only June March FY23 FY23 Group Output Quarter Quarter Guidance1 Group AISC ($/oz) Actual Actual Actual 5% 3,000 Gold koz 16.0 26.1 86 83 2,500 2,642 Copper kt 0.5 0.6 2 2 2,000 1,998 Zinc k
Slide 5: Safety and Environment
5 SAFETY AND ENVIRONMENT AND OUTLOOK QUARTER UPDATE Superior safety performance delivered rsonal use only • Zero Recordable Injuries for six months to June 2023 • 12-month moving average Recordable Environmental Incident Frequency Rate (REIFR) reduced by 17% to 2.91 (30 Jun 22: 3.50) • Named as fina
Slide 6: Record Safety Performance at Dargues
6 RECORD SAFETY PERFORMANCE AT DARGUES AND OUTLOOK QUARTER UPDATE Demonstrating effectiveness of safety programs rsonal use only • Dargues Mine achieved 12 months recordable injury free in May which reduced the site’s TRIFR to zero • Outcome underpinned by high compliance with proactive safety leade
Slide 7: Performance | Peak
7 PERFORMANCE | PEAK AND OUTLOOK QUARTER UPDATE Ongoing initiatives to lift performance Peak Gold Equivalent Production & AISC ($A/oz) rsonal use only 30 3,000 • Consistent quarterly ore production at 109kt (MarQ: 107kt) and processing volumes at 107kt 25 2,500 (MarQ: 106kt) 20 2,000 (kEqOz) • Highe
Slide 8: Performance | Dargues
8 PERFORMANCE | DARGUES A$/t (m) Dargues Development (metres) AND OUTLOOK QUARTER UPDATE Sustained operational performance 1,000 120 100 rsonal use only 800 • Strong production volumes with mined ore 3% 80 600 higher at 88kt (MarQ: 86kt) and a 5% uplift in ore 60 400 processed to 99kt (MarQ: 94kt) 4
Slide 9: Performance | Hera
9 PERFORMANCE | HERA AND OUTLOOK QUARTER UPDATE Facilities on care and maintenance with last gold bar poured rsonal use only • Care and Maintenance completed on schedule and on budget • Contractors, plant and personnel demobilised during the June quarter • Care and maintenance program in place to pr
Slide 10: Working Smarter Summary
10 WORKING SMARTER SUMMARY AND OUTLOOK QUARTER UPDATE Embedding a continuous improvement culture rsonal use only Banked savings A$25.62M A$24M target A$25.6M • Working Smarter program launched in November Service Crew C at Peak implemented a Loadscan scanner 2022 at Peak and New Cobar. • 601 initiat
Slide 11: Federation Project Timeline
11 FEDERATION PROJECT TIMELINE AND OUTLOOK QUARTER UPDATE Decline development to resume early FY24 Michelle Tracey appointed as Project Director rsonal use only Deep project experience globally • Project delivery in Australia, Peru and Canada • Study delivery in Jamaica, Peru, Columbia, Australia an
Slide 12: Financial Outcomes
12 FINANCIAL OUTCOMES AND OUTLOOK QUARTER UPDATE Balance sheet now debt free following refinance rsonal use only • Strong cash flow from operations of A$14.9M, mainly from Peak and Dargues • Hera care and maintenance transition now complete. Ongoing costs less than A$1M per quarter • Cash balance at
Slide 13: Financial Close of New Facilities
13 FINANCIAL CLOSE OF NEW FACILITIES AND OUTLOOK QUARTER UPDATE Balance sheet fully funded to develop Federation and Great Cobar rsonal use only • Existing term loan fully repaid and performance bonds fully cash backed • Institutional equity raise proceeds received in June • Proceeds from retail ent
Slide 14: CEO's 100-Day Plan
14 CEO’S 100-DAY PLAN AND OUTLOOK QUARTER UPDATE Roadmap to unlock significant shareholder value rsonal use only STABILISE CEO’s 100-Day Plan ACCELERATE REPLICATE *Complete *Active Now ✓ Returned operations to cash • Finalise revised Vision and Strategy • Implement Cobar Province model to • Step out
Slide 15: Aurelia Snapshot
15 AURELIA SNAPSHOT AND OUTLOOK QUARTER UPDATE rsonal use only ASX: AMI Share price (19 July 2023) A$0.096 Shares on issue 1,685M Shareholder register composition Market capitalisation A$161M Net Cash (30 June 2023) A$30.7M 22% Australian institutions International institutions Board and management
Slide 16: Contact
rsonal use only CONTACT T: +61 7 3180 5000 E: office@aureliametals.com.au Level 17, 144 Edward Street BRISBANE QLD 4000 GPO Box 7 BRISBANE QLD 4001 aureliametals.com