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    MMI   AU000000MMI6

METRO MINING LIMITED

(MMI)
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Metro Mining : Managing Director presents at Proactive Investors CEO Series

04/08/2019 | 07:53pm EDT

Proactive Investors CEO Series

April 2019

Investment Highlights

12018 Bauxite Production of 2.04M Wet Metric Tonnes (WMT) - Guidance met

2Bauxite Hills Profitable - Mine EBITDA of A$8.6M in December Quarter 2018

3Expansion nearing completion - 2019 Production Guidance of 3.5M WMT

4Mining has recommenced - first ship booked and on schedule

5Stage 2 Definitive Feasibility being refreshed - 6.0M WMT pa Production Target for 2021

6Bauxite Market - Remains Strong with Steady and Attractive Pricing

2 | ASX : MMI | April 2019

2018 - Year of Delivery!

Forecast: Pre - Production

Delivered

Production - 2018

2.0Mt

2.037Mt

Production - 2019

3.0Mt

3.5Mt

Sales

50% Pre-sold 2018

76% Pre-sold 2019

Customers

1

5

Chinese Bauxite Imports

82Mt 2018

~90Mt 2019

Mine Site Cost - 2018

A$24.30/WMT

A$24.30/WMT

Delivering on our Promises

Building a Major Independent Bauxite Producer

3 | ASX : MMI | April 2018

Share Price & Corporate Structure

Share Price Performance

Price ($)

Volume (m)

$0.35

$0.30 $0.25 $0.20 $0.15 $0.10 $0.05

$0.00

Jan-17Apr-17Jul-17Oct-17Jan-18Apr-18Jul-18Oct-18Jan-19

Board of Directors

Independent Chairman

Stephen Everett

Managing Director & Chief Executive Officer

Simon Finnis

Non-Executive Director

Mark Sawyer

Independent Non-Executive Director

Philip Hennessy

Independent Non-Executive Director

Fiona Murdoch

Capital Structure

Share Price (05 April 2019)

A$0.14

Shares on Issue

1,383.4M

Market Capitalisation

A$193.6M

Options Unlisted

30.1M

Cash and Receivables (31-Dec-2018)

A$40.5M

Debt Facilities

A$41.8M

Enterprise Value

A$194.9M

Share Register

19.8%

Greenstone

Balanced Property

38.3%

BlackRock

15.9%

DADI

Other Institutions

10.2%

Other Shareholders

9.5%

6.1%

4 | ASX : MMI | April 2019

Simple DSO Project

Operational simplicity and specialist transhipment contractor means an easy to manage operation

Dry season only operations to ameliorate the risk of weather impact

Site location, geological setting and layout provides low operating costs

Mining

Clear vegetation & remove overburden

Overburden(~0.5m)

DSO Bauxite Horizon (~1.75m)

Ironstone

Mottled Zone

Return overburden & replace topsoil - then revegetate

Strip mine bauxite

Logistics

Camp Site

Airstrip

5| ASX : MMI | April 2019

This is an excerpt of the original content. To continue reading it, access the original document here.

Disclaimer

Metro Mining Limited published this content on 09 April 2019 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 08 April 2019 23:52:04 UTC


ę Publicnow 2019
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Financials
Sales 2021 158 M 115 M 115 M
Net income 2021 -95,9 M -69,6 M -69,6 M
Net Debt 2021 25,5 M 18,5 M 18,5 M
P/E ratio 2021 -0,91x
Yield 2021 -
Capitalization 50,8 M 36,8 M 36,9 M
EV / Sales 2021 0,48x
EV / Sales 2022 0,31x
Nbr of Employees -
Free-Float 90,7%
Chart METRO MINING LIMITED
Duration : Period :
Metro Mining Limited Technical Analysis Chart | MarketScreener
Full-screen chart
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 1
Last Close Price 0,02 AUD
Average target price 0,07 AUD
Spread / Average Target 336%
EPS Revisions
Managers and Directors
Simon Wensley Chief Executive Officer, MD & Director
Duane Woodbury Chief Financial Officer
Douglas Campbell Walter Ritchie Independent Non-Executive Chairman
Graham Tanner Operations Manager
Stephen Craig Everett Non-Executive Director