Mark Zeptner - Managing Director
Diggers & Dealers - 8th August 2017ASX:RMS
QualificationForward Looking Statements
This presentation contains certain forward looking statements with respect to Ramelius Resources Ltd's (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 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 Duncan Coutts (Ore Reserves), who are Competent Persons and Members of The Australasian Institute of Mining and Metallurgy. Kevin Seymour, Rob Hutchison and Duncan Coutts 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 Duncan Coutts 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 Mt Magnet & Vivien projects include Inferred Resources. For details covering the Mineral Resource and Ore Reserve classifications and proportions relating to the production targets refer to slide "Exploration & Production Targets, Mineral Resources & Ore Reserves Note". Further evaluation work and appropriate studies are required to establish sufficient confidence that this target will be met.
Profitable operations, positioned for growth Mine-life extensions (> 4 Years)Extensional drilling ongoing at Mt Magnet & Vivien (WA)
Greenfields exploration follow up at Yandan (Qld)
Actively pursue value adding opportunities
Continue to accelerate project development wherever possible
• FY2018 target of 125-135,000 ounces at AISC A$1,120-1,220/oz
A$90M cash, no debt, forward sales @ A$1,711/oz to June 2019
Corporate Structure: at 30 June 2017 | |
Shares on Issue | 526M |
Market Cap | A$242M (US$181M) @ A$0.46/share |
Cash & Gold | A$90M (US$67M) |
Debt | Nil |
Enterprise Value | A$152M (US$114M) |
Liquidity | 30-day ave. 3.7M shares |
12-Month Share Price Performance (ASX:RMS)
0.80
Closing Price (A$)
0.70
0.60
0.50
0.40
0.30
0.20
0.10
Jul-16
Sep-16
Oct-16
Jan-17
Feb-17
0.00
Millions
100
80
Volume
60
40
20
Apr-17
Jun-17
Jul-17
0
Aug-16
Nov-16
Dec-16
Mar-17
May-17
Major Shareholders: at 30 June 2017 | |
Ruffer LLP | 7.4% |
Van Eck Ass. Corp. | 6.3% |
USAA Investment Mgt. Co. | 2.4% |
Dimensional Fund Advisors LP | 2.3% |
Credit Suisse Group | 2.2% |
Acorn Capital Ltd | 2.1% |
Robert Kennedy | 2.0% |
Top 20 | 37.9% |
Volume Price
Board | |
Robert Kennedy | Non Executive Chairman |
Mark Zeptner | Managing Director |
Kevin Lines | Non Executive Director |
Mike Bohm | Non Executive Director |
Dom Francese | Company Secretary |
Management | |
Duncan Coutts | Chief Operating Officer |
Tim Manners | Chief Financial Officer |
Kevin Seymour | GM Exploration & BD |
Rob Hutchison | Mine Geology Manager |
Tim Blyth | GM - Mt Magnet |
Paul Marlow | Mine Manager - Vivien |
Ramelius Resources Limited published this content on 08 August 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 08 August 2017 00:11:01 UTC.
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