Minergy : Results – Year ended 30 June 2022 | (1Mb)

Minergy Results - Year Ended 30 June 2022

Tough nine-months followed by phenomenal market turnaround catapulting Minergy forward

DISCLAIMER

› This document is for information purposes only and does not Pioneering the Botswana coal industry comprise a prospectus or other offering document under the laws

of any jurisdiction, including Botswana law , and will not be lodged with the Companies and Intellectual Property Authority, nor any other regulatory body in terms of any other laws.

• This document does not constitute or form part of any invitation, offer for sale or subscription or any solicitation for any offer to buy or subscribe for any securities in Minergy Limited (the "Company"). In particular this document does not constitute an offer to sell, or a solicitation of an offer to buy securities, in Botswana or any other jurisdiction outside of Botswana.
• The contents of this document are not to be construed as legal, financial or tax advice. You are urged to make every effort to familiarise yourself with the implications and the consequences of the non-attainment of objectives and profit estimates and other estimates and forecasts and timelines outlined in the document. You are responsible for obtaining such financial, legal, and tax advices as it considers necessary or appropriate with regards to this document. You are urged to obtain independent financial, legal and tax and investment advice.
• The Company has prepared this document based on information available to it at the time of preparation. No representation or warranty, express or implied, is made as to the fairness, accuracy or completeness of the information, opinions and conclusions contained in this Presentation. To the maximum extent permitted by law the Company and its officers, directors, employees, advisers and agents of those entities do not accept any responsibility or liability, including without limitation, any liability arising from fault or negligence on the part of any person, for any loss arising from the use of the document or its contents or otherwise arising in connection with it.

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OVERVIEW OF THE YEAR

Funding		Operational		Markets and sales
		Plant construction		Majority of financial year faced
Debt restructured		completed with		oversupply in regional market from
to stabilise the		Stage 4		Transnet Freight Rail problems, customer
business		Mining & FTP		breakdowns, freak rainfall and
		records		intermittent power outages buoyed by
				Ukraine war in Q4

Burgeoning

Coal price US$/T

500

coal prices

450

and export

400

opportunities

350

300

boosted last

250

two months of

200

financial year

150

100

21-Sep

21-Oct

21-Nov

21-Dec

22-Jan

22-Feb

22-Mar

22-Apr

22-May

22-Jun

22-Jul

22-Aug

22-Sep

Q4 set tone for a recovery to profitability for FY23

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Operational overview

Improved performance supporting stable production environment

HEALTH AND SAFETY

• Outstanding safety record
• One minor lost time injury
• 146 Covid-19 cases (86 FY22)
• 97% of total workforce is vaccinated

TOTAL STAFF

	442
	•
353	•
	•
2021	2022

88% male

12% female Bolstering of

management team

with first female manager appointed as process engineer

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