Overview of. Citigold Corporation Limited

Transcription

1 Overview of Citigold Corporation Limited

2 Index 1. Current Statistics 2. Management Team 3. Recent Corporate History 4. Citigold Values 5. Strategy 6. Core Gold Business 7. Citigold s s Share Price 8. Business Outlook

3 Current Statistics $ 205m Market capitalisation,, S&P/ASX Top 300 Co. $ 87.33m Paid up capital. $ m Audited assets at 31 December $ 0 Zero secured or term debt. $ 52.5m Revenue est Fin. Year. 10m/oz In A$ = US$0.82 Gold deposit 311,000kg, upside 1,600,000 kg Offices Charters Towers, Brisbane, Dubai. Incorporated in Australia, Dubai subsidiary Citigold FZCO Stock Exchange Listings ASX & DIFX

4 Current Statistics SHARE STRUCTURE Top 20 shareholders hold 40.2% of issued shares. Ordinary Shares on issue 626 m Options on issue 13.1 m (A15c - A37c exercise) plus Directors & mgt options ~19 m (A50c exercise, triggers are A73c & A$1 share price) Total shareholders 8,370 TOP 5 SHAREHOLDERS hold 28% 1.Lynch Lynch family 2.ANZ ANZ Nominees 3.K.L.Tan K.L.Tan 4.Citicorp Citicorp Nominees 5.J J P Morgan Nominees

5 Management Team Experienced Board of Directors John Foley Chairman (Non Executive) BD, LLB (Syd), BL (Dub) Chairman - Barrister since years' experience in the gold mining industry, Former Director of the Australian Gold Council. Mr Mark J Lynch, FAICD - Managing Director - Private and public gold exploration and mining companies for 28 years. Specializes in innovation and strategic planning. Director of the Queensland Resources Council. Mark Lynch Managing Director/CEO Terence V Willsteed BE(Mining) Hons (Qld) BA FAusIMM MMICA MSME Director. Mining engineer. 1st Class Mine Manager's Certificate, 48 years experience mining operations, corporate management. Terence Willsteed Non- Executive Director

6 Corporate History 1993 Listed in ASX 2002 Office in Dubai opened by Hon. Peter Costello, current Treasurer of Australia Acquired 100% of goldfield Underground mining commenced. 10 million oz (311,000 kg) gold deposit defined Gold mine pours first gold S&P/ASX Top 300 company. Citigold shares list on DIFX Dubai.

7 DIFX The Gate

8 Citigold Values 1. Citigold operates for the benefit of its shareholders. 2. In all things we do we aim to add value for all shareholders share price & dividends. 3. Gold is our only business. 4. Unlock the value in the giant CITIGOLD Goldfield in a way that best benefits shareholders in the long term.

9 Growth of Assets $180 $160 $140 Asse ts (million dollars) $120 $100 $80 $60 $40 $20 $ Year Thank you

10 Financial Summary As of December 2006: Net Assets $136.2 Million Issued Capital $84.8 Million Current Assets $7.6 Million Equity Raised $40.2 Million As of 12 June 2007: Market Capitalization $221 Million Shares Outstanding 641,902,700 Top 20 Shareholders 40.2% of shares Inferred Mineral Resources 10 Million oz (23 14g/t) Probable Ore Reserves 330,000 oz (800,000

11 $0.60 $0.55 $0.50 $0.45 $0.40 $0.35 $0.30 $0.25 $0.20 $0.15 $0.10 CTO Versus the ASX Top 300 Index CTO Share S&P/ASX 16,928 14,928 12,928 10,928 8,928 6,928 4,928 Jun-05 Sep-05 Dec-05 Apr-06Jul-06Oct-06 Jan-07May-07 2,928

12 Citigold s Share Price 1. Performance to date : 5 year return on investment 600% 2. Never pay more than 10% of the gross value of the metal in the ground mining analyst, Australia million US$680 per ounce = 10% = 650m shares =US$1.05 per share million = US$2.10 per share m/ozs = What will the value of the share be??? 5. US $1000/oz =?? 6. Gold 250,000 50% profit = US$85 million potential profits = dividend multiple??

13 Gold Demand Supply fell 13% in tonnage terms in 2006, including a 50% reduction in net selling by central banks South African gold production, the world s largest producer of gold in the world, fell 7.5% in 2006 to the lowest level in 84 years and almost 50% less then in Demand for gold in 2006 rose by 22% to register a third annual successive record of $65.3 billion. India recorded a demand of 317 Tons which Values to half of the Global Mine production.

14 Strategy 1. Grow gold production aim revenue $170m, profits $85 million/year. 2. Fund gold production growth equity, JV, debt, profit reinvestment. 3. Grow gold deposit to 1,600,000 kgs. 4. Float new gold backed products on DIFX profit & branding. 5. Acquire mines Australia, India. 6. Reduce mining costs increase profits. 7. Increase speed of execution. 8. Buying pressure on stock Aussie ASX, Middle East DIFX, USA ADR s.

15 Business Outlook 1. Gold is perfect asset, and Citigold has lots of gold est. 50mOzs (1,600,000 Kgs). 2. Gold price in long term uptrend driven by demand fueled by world US$ weakness & world political instability. 3. Huge potential for gold related financial products and create world gold brand.

16 Rated as the safest country for Foreign investments. Australia s Richest Goldfield 5 Years Return on Investment 600%. Shareholders come First. World s No. 1 Branded Gold

17 How to Buy CitiGold shares Want to become a Owner of a Gold Mine Contact Dubai Office. Manan Desai mdesai@citigold.com gold@citigold.com dubai@citigold.com

18 Citigold Corporation Limited DISCLAIMER Important Notice The purpose of this presentation is to provide general information about Citigold Corporation Limited (Citigold). It is not recommended that any person makes any investment decision in relation to Citigold based on this presentation. This presentation contains certain statements which may constitute "forward-looking statements". Such statements are only predictions and are subject to inherent risks and uncertainties which could cause actual values, results, performance or achievements to differ materially from those expressed, implied or projected in any forward-looking statements. No representation or warranty, express or implied, is made by Citigold that the material contained in this presentation will be achieved or prove to be correct. Except for statutory liability which cannot be excluded, each of Citigold, its officers, employees and advisers expressly disclaims any responsibility for the accuracy or completeness of the material contained in this presentation and excludes all liability whatsoever (including in negligence) for any loss or damage which may be suffered by any person as a consequence of any information in this presentation or any error or omission there from. Citigold accepts no responsibility to update any person regarding any inaccuracy, omission or change in information in this presentation or any other information made available to a person or any obligation to furnish the person with any further information. Suite 5A, 19 Lang Parade Milton, Queensland,