Investors
Investment case
Established gold producer with pathway to multi-asset production
Substantial Production Growth: Fully Funded- Significant increase in production from 2022
- Increased cash flows due to higher production, lower unit costs and foreseeable declining capex
- Strong future growth from additional exploration assets
High Margin Operations- Reduction in All-in Sustaining Cost.
- Operating costs to move down as new shaft ramps up : due to increased production volume, economies of scale and better mine efficiencies
Attractive Dividend Yield
- Attractive Shareholder Returns
- Strong track record as quarterly dividend payer since 2012
- Board committed to deliver sustainable returns to shareholders consistent with free cash flow, business growth and performance
Strong Management Team- Excellent in-country relations
- Proven track record of operating reliably and profitably in Zimbabwe
- Strong, well established, indigenous mine management team differentiates from other African producers