Investor Presentaiton
POLYMETAL INTERNATIONAL PLC
2019 GUIDANCE
INVESTOR PRESENTATION
22
22
Further improvement in costs - first
2018 Actual
2019 Guidance
year of Kyzyl production at full
Production, Koz of GE
1562
1550
design capacity
Higher FCF yield above 5%
TCC, $/oz of GE
649
Down to 600-650
Stable and meaningful income to
AISC, $/oz of GE
861
Down to 800-850
shareholders
Capital expenditure, $m
395*
377
Reduced leverage
Free cash flow
Regular dividend
Net Debt/ Adjusted EBITDA
Assumptions
Gold, $/oz
Silver, $/oz
RUR/USD rate
Oil
176
Growth
$0.48/share
50% of underlying
net income
1.95
Down
2018 Actual
2019 Budget
1271
1200
15.7
15.0
63
65
68
70
*With the addition of loans that were extended to Nezhda and Prognoz before consolidation of these assets
Notes:View entire presentation