Investor Presentaiton
Key Highlights – 1H22
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Ore processed reached 1.82 Mt, 4% higher compared to 1.75 Mt in the same period last year. While the average gold head grade
of ore processed was 1.10 g/t, 35% lower compared to the same period last year of 1.70 g/t. As a resulted, gold production was
29% lower at 58.3 koz compared to 81.6 koz in the same period last year.
Consolidated revenue reached US$119.6 million, 16% lower compared to the same period last year of US$142.4 million. This
was mainly due to the 18% lower gold sold volume to 62.5 koz compared to 76.1 koz in the same period last year.
EBITDA reached US$49.3 million, 35% lower than the same period last year of US$75.5 million. Furthermore, the Company's net
profit reached US$14.1 million, 57% lower compared to the same period last year of US$32.6 million.
Total net debt was at US$313.7 million at 30 June 2022, thus, the Company's debt to equity ratio ("DER") as of 30 June 2022 was
1.3x.
Capex realized amounted to US$32.2 million during the period, mainly for development activities of mining infrastructure, tailing
storage facility and pit remediation post natural disasters.
Remediation process for pit affected by natural disasters is still on progress align with the Company's plan/targets, and is
expected to start the production by the fourth quarter of 2022.
The Company successfully maintained operational safety with current LTI free hours were 10.5 million hoursView entire presentation