METAROCK GROUP LIMITED only | Investor presentation |
use | |
Metarock Group Limited (ASX:MYE) | |
personalr | |
Tony Caruso, Managing Director
Brett Maff, Chief Financial Officer
Nick Woolrych, Chief Executive Officer ‐ PYBAR Mining Services
Wilsons Rapid Insights Conference - May 2022
Presenting Today
onlyuseTony has held a number of senior management positions in contracting services with over 30+ years working across major underground mining projects in QLD and NSW
personalJoining Mastermyne in 2005, under Tony's
le dership the company has hit many milestones including the ASX listing in 2010
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Brett has over 25 years experience in senior financial and executive roles in the mining resources and mining services industries
Brett joined Mastermyne in 2018, and is responsible for the overall finance and reporting functions
Brett is a qualified Accountant and holds a CPA designation
Nick Woolrych
Chief Executive Officer
PYBAR Mining
Services
Nick is a mining engineer with over 20 years' experience in the mining industry in operational, project development, commercial and investment roles across a range of commodities and geographies.
Joined PYBAR in August 2014, appointed CEO in March 2021.
Investor presentation | METAROCK 2
Metarock Group Limited
A leading Australian diversified underground mining services group
only | Specialised | Diversified | ~2,000 number | Experienced |
underground | commodity | of employees | management | |
use | exposure | team | ||
mining services | ~$140 million | |||
group | equipment fleet | |||
personalr | ||||
Quality client | Exposed to | Significant | ||
Strong market | ||||
position | base, | strong mining | financial upside | |
geographically | industry growth | with strong | ||
diversified | order book |
Not s: (1) As at 19 May 2022
Key Metrics
Market capitalisation | $63 million1 |
Enterprise value | $133.2 million |
Share price | $0.481 |
12 month high / low | $1.26 / $0.465 |
FY23 revenue | $700-$750 million |
guidance | |
FY23 EBITDA | $80-$95 million |
guidance | |
FY23 EBITA | $24-$39 million |
guidance | |
Order book | $1.9 billion |
Investor presentation | METAROCK 3
Outlook ‐ Metarock Strategy in Action
Mine operations and the diversification into hard rock mining delivers strong growth and a higher margin business | |||||||||
only | Coal Contracting | Mine Operations | Hard Rock Contracting | ||||||
Revenue Split | |||||||||
Guidance ($m) | |||||||||
Employee Numbers | 950 1,150 | 130 378 | 1,100 1,220 | ||||||
(from - to in the next 12 months) | |||||||||
use | ∙ Operating for 25 years, with long standing tier one | ∙ Mine Operations strategy allows us to operate mines in | ∙ | Operating for 28 years, with long standing tier one | |||||
clients with average relationships lasting 7+ years | |||||||||
clients with average relationships lasting 10+ years | our own right | ||||||||
Overview | ∙ | Contracts tied to production and development | |||||||
∙ | Contracts tied to production activities | ∙ Underpinned by Crinum Mine and Cook Colliery Mine | |||||||
activities | |||||||||
∙ Leading share of underground coal contracting | operations contracts | ||||||||
∙ | Diversified commodity exposures across copper, | ||||||||
market | ∙ Long term, repeatable revenue with increased margins | ||||||||
lead, zinc and gold | |||||||||
Brands | |||||||||
personalr | ∙ | Contractors will continue to play a strategic role in | ∙ Coal assets will continue to change hands with many new | ∙ | Contractors will continue to play a strategic role in | ||||
Outlook | |||||||||
owners assets supporting production, providing cost | owners needing to outsource underground operating | new development and production, providing cost | |||||||
flexibility and lowering operating costs | capability | flexibility and lowering operating costs | |||||||
Paul Green ∙ Joined Mastermyne in March 2020, appointed | Dave Sykes | Nick Woolrych | |||||||
CEO of Coal Contracting in November 2021 | ∙ Joined Mastermyne in April 2012, appointed | ∙ Joined PYBAR in August 2014, | |||||||
CEO of Mine Operations in November 2021 | appointed CEO in March 2021 | ||||||||
∙ Paul was well known to the Mastermyne | |||||||||
∙ David began his career in the UK performing | ∙ Nick is a mining engineer with over 20 | ||||||||
business through a close association over many | |||||||||
Pe ple | various operational and statutory roles. He has | years' experience in the mining industry | |||||||
years. Paul has over 25 years' experience in | |||||||||
worked in senior management positions across | in operational, project development, | ||||||||
operational management in roles at | a number of underground coal operations | commercial and investment roles | |||||||
Gordonstone Coal, Illawarra Coal and Ensham | |||||||||
including Moranbah North, Dartbrook and | across a range of commodities and | ||||||||
Coal. He has also worked in strategic | |||||||||
Central Colliery in roles including Mine Manager | geographies | ||||||||
development and organisational change roles | |||||||||
and SSE/General Manager | |||||||||
across the Australian coal mining industry | |||||||||
Investor presentation | METAROCK 4 |
High Quality Underlying Customer Base Located Across Australia
Combined group's addressable market has significantly expanded
only∙ National Footprint across a broad base of commodities
∙ Increased exposure to forward facing commodities
∙ Assets trending to underground mining methods as deposits get deeper and costs increase accordingly
∙ Exposed to emerging markets through "New Energy" usematerials
∙ Australia remains a long-term low risk producer as global demand for resources is projected to grow at a steady rate over coming decades
Select clients personalr
Investor presentation | METAROCK 5
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Mastermyne Group Ltd. published this content on 25 May 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 26 May 2022 06:08:05 UTC.
