Investor Presentaiton
QALA SHALLOWS
Fast-tracked Monetisation
Qala Shallows Financial Evaluation 3
AUG-22
WEST WITS
MINING
JUL-23
US$1.7B REVENUE OPPORTUNITY3
ā
Estimated peak funding of US$54m (ZAR 943M) over a three-year
period
All-in-Sustaining Cost (AISC) of Life-of-Mine (LOM): US$977/0z
Higher OPEX and CAPEX resulting from increased production
have been offset by revenue from increased production during
the 3-year funding period and favourable movements in the
Gold Price and South African Rand
FUNDING - FORMAL INTEREST FOR US$26 MILLION DEBT FUNDING RECEIVED
South African wealth fund, Industrial Development Corporation
(IDC), expressed formal interest in providing loan funds of ZAR300
million (US$15.9 million)
Largest shareholder Wingfield Partners LLC (Wingfield), expressed
formal interest and indicative terms to provide debt facility of
US$10 million (~A$15.7 million), re-affirming strong support and
confidence
Total Revenue (USD)
Total Free Cashflow (USD)
Peak Funding (USD)
LOM C1 Cost (USD/oz)
$ 1 170 million $ 1709 million
$ 268 million
$ 522 million
$ 63 million
$ 54 million
$917/oz
$ 818 / oz
LOM All-In Sustaining Cost (USD/oz)
Steady-State All in Sustaining Cost (USD/oz)
$ 1093/oz
$977/oz
$ 962/oz
$ 871/oz
5.0 years
4.1 years
Pre-Tax Net Present Value 7.5 (USD)
$ 180m
$ 367m
Post-Tax Net Present Value 7.5 (USD)
$ 125m
$ 255m
Pre-Tax Internal Rate of Return (%)
38%
61%
Payback (years)
ASX:WWI
Post-Tax Internal Rate of Return (%)
32%
53%
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