Catalyst Metals (CYL) Corporate Presentation summary

Corporate overview and financials

• Market capitalization stands at A$490m with an enterprise value of A$451m and share price of $2.17 as of September 2024.

• 226 million shares on issue, with A$44m in cash and bullion and minimal debt (1,480oz gold, repaid in quarterly installments).

• Board and management hold 5% of shares, with institutional investors holding 19%.

Operational performance and growth

• Gold production increased by 46% year-on-year since acquiring Superior Gold in July 2023, with group production reaching 110koz per annum.

• Tonnes processed and head grade improved by 47% and 45% respectively, reflecting operational turnaround.

• A$28m debt repaid and A$13m working capital improvement achieved, with A$12m invested in exploration and project development.

• Operating cashflow of A$54m generated at an average realized gold price of A$3,014/oz.

Asset portfolio and reserves

• Two operating gold mines: Plutonic Gold Belt (WA) and Henty Gold Belt (Tasmania), plus exploration in Bendigo Gold Belt (Victoria).

• Group reserves doubled to 1.0Moz (+105% in 12 months), underpinning a three-year growth plan.

• Group resources total 3.6Moz at 2.8g/t, with Plutonic holding 2.9Moz and Henty 462koz.