ESG: Our 'Beyond Compliance' Approach
NEAR TERM ORGANIC GROWTH
EVANDER MINES' 8 SHAFT - 25 & 26 LEVEL EXTENSION
Key economic and financial metrics - Internal study
Key metric
Input ZAR
Gold price assumption*
R882,060/kg
Discount rate** (RAT)*
10.71%
Recovered grade
Peak funding
Input USD
USD1,770/oz
10,71%
6.73 g/ton
6.73 g/ton
R807 million
US$52.1 million
Payback period***
5 years
5 years
AISC
R601,054/kg
US$1,206/oz
Gold produced
18,257 kg
586,984 oz
NPV10,71%
R1,239.1 million
US$79.9 million
RATIRR*
45%
45%
*RAT - Real After Tax | *RATIIR- Real After Tax Internal Rate of Return | *Exchange rate - ZAR/USD:15,50 |
**The discount rate used is the WACC rate for Evander u/g as calculated annually by an independent valuation team
***From commencement of project development
ZAR (m)
Recovered Gold (Oz)
100 000
80 000
60 000
40 000
20 000
0
1 500
1 000
500
0
NEAR TERM
ORGANIC GROWTH
Evander Mines' recovered gold (oz) forecast including
24, 25, 26 Levels
YI Y2 Y3 Y4 Y5 Y6 Y7 Y8 Y9 YIO YII Y12 Y13
Evander 8# Pillar
Evander 24 Level
Evander 25-26 Level
Project Funding - Internally funded in current gold
price environment
YI
Y2
Y3
■Evander 8 Shaft pillar and 24 Level ungeared cummulative cash flows
■25 and 26 Level cumulative capital schedule (Pre-commissioning)
Y4
24View entire presentation