The Path to 150,000 ounces pa
Ramelius Resources Limited
Diggers & Dealers - August 2016
Forward Looking Statements
This presentation contains certain forward looking statements with respect to Ramelius'financial condition, results of operations, production targets and other matters that are subject to various risks and uncertainties. Actual results, performance or achievements could be significantly different from those expressed in or implied by those forward looking statements. Such forward looking statements are not guarantees of future performance and involve known and unknown risks, uncertainties and other factors that are beyond the control of Ramelius that may cause actual results to differ materially from those expressed in the forward looking statements contained herein. Ramelius Resources Limited gives no warranties in relation to the information and statements within this presentation.
Competent Persons Statement
The Information in this report that relates to Exploration Results, Mineral Resources and Ore Reserves is based on information compiled by Kevin Seymour (Exploration Results), Rob Hutchison (Mineral Resources) and Mark Zeptner (Ore Reserves), who are Competent Persons and Members of The Australasian Institute of Mining and Metallurgy. Kevin Seymour, Rob Hutchison and Mark Zeptner are full-time employees of the company and have sufficient experience that is relevant to the style of mineralisation and type of deposit under consideration and to the activity being undertaken to qualify as a Competent Person as defined in the 2012 Edition of the "Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves". Kevin Seymour, Rob Hutchison and Mark Zeptner consent to the inclusion in this report of the matters based on their information in the form and context in which it appears.
Production Targets
Production targets presented for Vivien and Kathleen Valley projects include Inferred Resources. For details covering the Mineral Resource and Ore Reserve classifications and proportions relating to the production targets refer to slide 27. Further evaluation work and appropriate studies are required to establish sufficient confidence that this target will be met.
Capital Structure (as at 29 July 16)
|
Shares on Issue*
|
525M
|
Market Cap (at $0.55 per share, $A:US$ 0.75)
|
A$289M (US$217M)
|
Cash & Gold Estimate*
|
A$75M (US$56M)
|
Corporate Debt
|
Nil
|
Enterprise Value
|
A$214M (US$161)
|
3 Month Trading Range
|
A$0.360 - $0.645
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Board & Management
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Non-Executive Chairman
|
Robert Kennedy
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Managing Director
|
Mark Zeptner
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Non-Executive Director
|
Kevin Lines
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Non-Executive Director
|
Mike Bohm
|
Company Secretary
|
Dom Francese
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Chief Financial Officer
|
Simon Iacopetta
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Chief Operating Officer
|
Duncan Coutts
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GM - Exploration & BD
|
Kevin Seymour
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Mine Geology Manager
|
Rob Hutchison
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*Includes placement of 50M shares to institutional investors at $0.50 per share - see ASX Release 26 July 2016
Major Shareholders (as at 30 June 16)
|
Citicorp Nominees Pty Ltd
|
6.9%
|
HSBC Custody Nominees (Aus.) Ltd
|
6.9%
|
JP Morgan Nominees (Aus.) Ltd
|
5.7%
|
National Nominees Ltd
|
2.2%
|
Guina Energy & Investments Pty Ltd
|
2.1%
|
Offer Details
12 Month Trading History
-
26 July 2016 - announcement of share placement to high quality institutional investors primarily in North America
-
50M new shares issued at $0.50 per share raising A$25M
-
Funds to fast-track Mt Magnet project development and
brownfields exploration
-
Potential to increase production up to 150 koz in FY18 with commensurate reduction in AISC per ounce
-
Immediately addresses low institutional representation on RMS share register compared to peers
0.70
0.60
0.50
Share Price (A$)
0.40
0.30
0.20
0.10
Jul-15
0.00
20,000,000
18,000,000
16,000,000
14,000,000
Volume
12,000,000
10,000,000
8,000,000
6,000,000
4,000,000
2,000,000
Jul-16
0
Aug-15
Sep-15
Oct-15
Nov-15
Dec-15
Jan-16
Feb-16
Mar-16
Apr-16
May-16
Jun-16
Volume Share Price Placement Offer Price