AIC Mines (IAUF.F) Earnings Call Presentation

Company Overview - AIC Mines has a share price of $0.32, with 718.5 million shares on issue, resulting in a market capitalization of $229.9 million[12] - The company holds $60.9 million in cash and has an enterprise value of $169.0 million[12] - FMR Investments is a substantial shareholder with 11.5% ownership, and directors hold 7.3% of shares[13] Operational Performance & Guidance - FY25 guidance achieved 12,863 tonnes of copper and 5,955 ounces of gold in concentrate, generating $27.4 million net mine cashflow[22] - Eloise Ore Reserve is 2.8 million tonnes grading 2.3% copper and 0.6g/t gold, containing 65,200 tonnes of copper and 56,500 ounces of gold[19] - Eloise Mineral Resource is 5.9 million tonnes grading 2.5% copper and 0.6g/t gold, containing 145,800 tonnes of copper and 120,800 ounces of gold[22] Jericho Development - Jericho Mineral Resource is 19.2 million tonnes grading 2.0% copper and 0.4g/t gold, containing 381,000 tonnes of copper and 245,500 ounces of gold[26] - Jericho Ore Reserve is 6.1 million tonnes grading 1.8% copper and 0.4g/t gold, containing 108,000 tonnes of copper and 70,900 ounces of gold[26] - Combined Eloise Region Mineral Resources total 28.4 million tonnes grading 2.0% copper and 0.4g/t gold for 563,000 tonnes of copper and 409,600 ounces of gold[26] Plant Expansion - Eloise plant expansion is underway with a fixed-cost EPC contract of $77.6 million, targeting commissioning in the December 2026 Quarter[29] - The expansion aims for a throughput capacity of 1.1 million tonnes per annum, with potential for a second stage expansion to 1.5 million tonnes per annum[29]