Investors
Investment case
Established gold producer with pathway to multi-asset production
- ~75koz per annum production at Blanket provides consistent cash flow
- Updated mineral reserves estimates indicates a life of mine to 2034, with the potential to extend past 2040
- Growth focus with pathway to +200koz pa by 2028
- Bilboes’ PEA indicates approximately 1.52Moz of gold produced over a 10-year life of mine
- Attractive exploration potential at Motapa, adjacent to Bilboes
Track record of shareholder returns
- Consecutive quarterly dividend payments since 2012 with over $60million distributed to shareholders
- Sector leading dividend yield
- Focus on safety in the pursuit of zero harm
- Proven track record of operating reliably and profitably in Zimbabwe
- Strong management team with excellent in-country relations
- Over $50 million in taxes paid over the last 10 years