Geodrill (GEO) LD Micro Invitational presentation summary

Business overview and strategy

• Over 25 years of mineral exploration drilling experience with a focus on recurring revenue from top-tier mining clients.

• High-performance rig fleet and state-of-the-art facilities drive operational value and efficiency.

• Operates in growth jurisdictions with long-term contracts, ensuring revenue visibility and geographic diversification.

• Founder-led and innovation-driven, aligning management interests with investors.

Financial performance and growth

• Achieved record revenue, reaching $154.8M, supported by significant contract wins.

• Delivered consistent 10% revenue growth and strong profitability, reinforcing financial stability.

• Maintains a strong cash position, enabling expansion to meet increasing demand.

• Over 12 years, experienced three distinct 4-year revenue growth cycles, with each new rig adding ~$1.5M in revenue and ~15% ROCE.

Market positioning and contract wins

• Secured $150M in multi-year contracts with major mining companies and an additional $50M in South America.

• Positioned to benefit from high commodity prices and depletion of mineral reserves, driving demand for drilling services.

• Trades at a compelling valuation with further upside potential due to strong gold prices and expansion.