Robex Resources (RBX) 2025 Precious Metals Summit - Beaver Creek summary

Project status and development

• Construction is nearing completion with first gold pour targeted around Christmas, and ore processing to begin in early December.

• Over 80% of the life-of-mine plan is saprolite, with significant exploration upside and open mineralization at depth and along strike.

• All major contracts are signed, and the project is fully financed through first gold production.

• Advanced grade control is complete for over three million tonnes, with mining to commence by month-end.

• The team is self-performing construction and contract management, with 70% of SMP work done and electrical and piping underway.

Financials and corporate structure

• Market capitalization is just under AUD 900 million, with $55 million US in debt and strong cash reserves.

• 80 million warrants are in the money, with potential to accelerate and raise an additional CAD 150 million if share price conditions are met.

• NPV post-tax was over $650 million at January 2025 DFS gold price, and is estimated at $1.5 billion at current spot prices.

• Nampala asset generates over $3 million per month in free cash flow, with plans to extend mine life by at least another year.

Exploration and growth plans

• Significant exploration potential remains, with plans to expand drilling and resource inventory over the next 18 months.

• Focus on SGA and NEG deeps, with high-grade intercepts and plans for underground feasibility by end of next year or 2027.

• Aiming to join Sabali and Mansounia into a large super pit, with the ore body open at depth and along strike.

• Permit for Mansounia is pending presidential signature, expected by year-end, which will enable further expansion.