Investor Presentaiton
LEGAL DISCLAIMERS
Forward Looking Statements
This presentation contains inside information and includes forward-looking statements
which reflect the Company's or, as appropriate, the Directors' current views,
interpretations, beliefs or expectations with respect to the Company's financial
performance, business strategy and plans and objectives of management for future
operations. These statements include forward-looking statements both with respect to
the Company and the sector and industry in which the Company operates. Statements
which include the words "expects", "intends", "plans", "believes", "projects", "anticipates",
"will", "targets", "aims", "may", "would", "could", "continue", "estimate", "future", "opportunity",
"potential" or, in each case, their negatives, and similar statements of a future or
forward-looking nature identify forward-looking statements. All forward-looking
statements address matters that involve risks and uncertainties because they relate to
events that may or may not occur in the future. Forward-looking statements are not
guarantees of future performance. Accordingly, there are or will be important factors
that could cause the Company's actual results, prospects and performance to differ
materially from those indicated in these statements. In addition, even if the Company's
actual results, prospects and performance are consistent with the forward-looking
statements contained in this document, those results may not be indicative of results in
subsequent periods. These forward-looking statements speak only as of the date of this
presentation. Subject to any obligations under the Prospectus Regulation Rules, the
Market Abuse Regulation, the Listing Rules and the Disclosure and Transparency Rules
and except as required by the FCA, the London Stock Exchange, the City Code or
applicable law and regulations, the Company undertakes no obligation publicly to
update or review any forward-looking statement, whether as a result of new information,
future developments or otherwise. For a more complete discussion of factors that could
cause our actual results to differ from those described in this presentation, please refer to
the filings that Company makes from time to time with the United States Securities and
Exchange Commission and the United Kingdom Financial Conduct Authority, including
the section entitled "Risk Factors" in the Company's Annual Report on Form 20-F for the
fiscal year ended December 31, 2021.
Non-IFRS Measures
This presentation contains references to certain non-IFRS measures including Adjusted
EBITDA and mining margin, each of which are not recognized under International
Financial Reporting Standards ("IFRS"). Our management team uses these non-IFRS
financial measures to evaluate our profitability and efficiency, to compare operating
results to prior periods, and to measure and allocate financial resources internally. The
Company believes that these non-IFRS financial measures may be helpful to investors
because they provide consistency and comparability with past financial performance
and may assist in comparisons with other companies, some of which use similar
non-IFRS financial information to supplement their IFRS results. The non-IFRS financial
information is presented for supplemental informational purposes only, and should not
be considered a substitute for financial information presented in accordance with IFRS,
and may be different from similarly titled non-IFRS measures used by other
companies. Adjusted EBITDA and mining margin each have limitations as analytical
tools, and you should not consider any of these measures either in isolation or as a
substitute for other methods of analyzing the results as reported under IFRS.
Exchange Rates
For the convenience of the reader, in this presentation, unless otherwise indicated,
translations from pound sterling into U.S. dollars were made at the rate of £1.00 to
$1.2161. Such U.S. dollar amounts are not necessarily indicative of the amounts of U.S.
dollars that could actually have been purchased upon exchange of pound sterling at
the dates indicated or any other date.
2
argoView entire presentation