Geodrill (GEO) investor relations material

Operational excellence and business model

• Over 25 years of exploration drilling experience with a focus on operational excellence and innovation.

• Recurring revenue streams secured through long-term contracts with top-tier mining clients.

• High-performance rig fleet and state-of-the-art maintenance facilities ensure efficiency and value.

• Strong balance sheet with low leverage, high liquidity, and disciplined capital allocation.

• Asset-backed strength supported by a modern, well-maintained fleet.

Market positioning and growth drivers

• Benefiting from elevated gold prices, which drive increased exploration and drilling activity.

• Operations span two continents and six countries, with a focus on growth jurisdictions.

• Strategic reinvestment in rig fleet to capture future growth cycles.

• Trading at a lower EV/EBITDA multiple (3.0x) compared to peers (3.8x average), indicating potential undervaluation.

• Macro tailwinds and strong fundamentals support unmatched rig utilization and business resilience.

Customer base and revenue visibility

• Majority of revenue derived from long-term contracts with established senior mining clients.

• Blue-chip customer base includes Newmont, Kinross, Barrick, Endeavour Mining, AngloGold Ashanti, ATEX Resources, Capstone Copper, and Antofagasta PLC.

• Geographic diversification across West Africa, Egypt, and South America.

• Sustained cash generation and revenue visibility from recurring business.