Kingsgate Consolidated Limited · ASX:KCN
Kingsgate Consolidated — Shareholder Meeting (October 2003)
10 slides from Kingsgate Consolidated's shareholder meeting presentation, Oct 30, 2003
Slide 1: Chairman's Address and Managing Director's Presentation
ABN 42 000 837 472 30 October 2003 Lodged by ASXOnline – 10 pages The Manager Announcements Company Announcement Office Australian Stock Exchange Ltd Dear Sir CHAIRMAN’S ADDRESS AND MANAGING DIRECTOR’S PRESENTATION Attached please find a copy of the Chairman’s address and the Managing Director’s pre
Slide 2: Chairman's Address
KINGSGATE CONSOLIDATED LIMITED ANNUAL GENERAL MEETING 30 OCTOBER 2003 AT 11.00 A.M. CHAIRMAN’S ADDRESS The 2003 financial year was a very successful one for Kingsgate as the company has continued to develop as a significant gold producer, with improved growth potential. In our first full year of ope
Slide 3: Chairman's Address (continued)
enhanced program to be undertaken. This will include an extensive geophysical program involving airborne activity. In order to adequately finance this program and to further develop mine infrastructure, the company finalized a share placement in August 2003, followed by a share purchase plan offered
Slide 4: Kingsgate – Who We Are
Annual General Meeting Kingsgate – Who We Are October 2003 • Gold Mining and Exploration Company • Operating mine in Thailand • One of World’s Lowest Costs • Listed Australian Stock Exchange - KCN Annual General Meeting • Shares issued 85.0 million (0.2 M options) October 2003 • Market Capitalisatio
Slide 5: Gold Production, Head Grade and Throughput
Annual Annual General Meeting Gold Production General Meeting Quarterly Head Grade October 2003 October 2003 Gold Poured kozs 48 7 42 6 5.6 36 5.2 4.6 Milled Grade ( g/t ) 5 30 4.4 4.2 3.8 4 24 3.5 3 2.8 18 2 12 6 1 0 0 Dec 01 Mar 02 Jun 02 Sep 02 Dec 02 Mar 03 Jun 03 Sep 03 Dec 01 Mar 02 Jun 02 Sep
Slide 6: Hedging, Divestiture and What We're Doing
Annual Annual Hedging Divestiture General General Meeting Meeting October 2003 October 2003 • Requirement for 51% “Thai ownership” • Hedging is ‘remnant’ of Project Financing • Kingsgate has structuring flexibility • Hedged via Puts and Calls • Actively investigating alternatives • Reviewing opportu
Slide 7: Plant Expansion Construction Photos
Annual Annual New Construction Steelwork New SAG Mill Off-loading in Bangkok General General Meeting Meeting October 2003 October 2003 Annual Annual New SAG Mill Off-loading in Bangkok New SAG Mill Off-loading in Bangkok General General Meeting Meeting October 2003 October 2003 Annual Annual New SAG
Slide 8: Reserves and Exploration Strategy
Annual Annual General Meeting Kingsgate – What We’re Doing General Meeting The Site October 2003 October 2003 • Expanding Process Throughput • To 1.8 Mt/a ( + 50% ) • US$ 8 M from cash flow • Commission January 2004 • Operating Excellence • Seeking Business Opportunities • Vigorous Exploration Annua
Slide 9: Prospects A, K and B Exploration
Annual Annual General Meeting Short Term General Meeting Medium October 2003 October 2003 Term A ‘Resource’ • Major ‘Reserve’ Structures K C D H B Annual Annual General Meeting Prospects A & K General Meeting Prospect B 18m @ 3.6 g/t October 2003 October 2003 22m @ 4.8 g/t 23m @ 3.1 g/t Prospect A 2
Slide 10: Kingsgate – Where We're Going
Annual Annual General Meeting Kingsgate – Where We’re Going General Meeting October 2003 October 2003 • GROWTH • Vigorous Exploration • Short Medium and Long Term • Increased Production • Acquire New Business • PROFITABILITY • Strong Dividends • Strong Safety & Sustainability Performance To Enhance
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