16
1 TSX: GCM OTC: TPRFF AUGUST 2013

Q2 2013 Financial Results

Embed Size (px)

DESCRIPTION

 

Citation preview

Page 1: Q2 2013 Financial Results

1

TSX: GCM OTC: TPRFF AUGUST 2013

Page 2: Q2 2013 Financial Results

2

TSX: GCM OTC: TPRFF AUGUST 2013

Page 3: Q2 2013 Financial Results

3

TSX: GCM OTC: TPRFF AUGUST 2013

Building Colombia’s

Largest Gold Producer

Page 4: Q2 2013 Financial Results

4

TSX: GCM OTC: TPRFF AUGUST 2013

Page 5: Q2 2013 Financial Results

5

TSX: GCM OTC: TPRFF AUGUST 2013

Page 6: Q2 2013 Financial Results

6

TSX: GCM OTC: TPRFF AUGUST 2013

Page 7: Q2 2013 Financial Results

7

TSX: GCM OTC: TPRFF AUGUST 2013

Q4’12 Q1’13 Q2’13

Page 8: Q2 2013 Financial Results

8

TSX: GCM OTC: TPRFF AUGUST 2013

Q1’13 Q2’13

Page 9: Q2 2013 Financial Results

9

TSX: GCM OTC: TPRFF AUGUST 2013

Page 10: Q2 2013 Financial Results

10

TSX: GCM OTC: TPRFF AUGUST 2013

Page 11: Q2 2013 Financial Results

11

TSX: GCM OTC: TPRFF AUGUST 2013

Page 12: Q2 2013 Financial Results

12

TSX: GCM OTC: TPRFF AUGUST 2013

PLANT AREAS

PLANT PROCESSES

Page 13: Q2 2013 Financial Results

13

TSX: GCM OTC: TPRFF AUGUST 2013

2014 2013

Page 14: Q2 2013 Financial Results

14

TSX: GCM OTC: TPRFF AUGUST 2013

Page 15: Q2 2013 Financial Results

15

TSX: GCM OTC: TPRFF AUGUST 2013

Valuation Metric* GCM

Peer Group Average – Gold Producers[1]

Juniors Mid-Tier Intermediate

Price / NAVPS 0.04x 0.39x 0.55x 0.71x

EV / M&I Resources $9/oz $69/oz $77/oz $114/oz

EV / Production (2013e) $1,127/oz $2,120/oz $3,117/oz $4,077/oz

[1] Intermediate: Yamana, Polyus Gold, Eldorado, Randgold, Agnico-Eagle, New Gold, IAMGOLD, Harmony, Osisko, African Barrick, Centerra Gold Mid-Tier: Allied Nevada, B2Gold (PF), AuRico Gold, Alamos Gold, Alacer Gold, Rio Alto, Semafo, Centamin Egypt, Aurizon, Golden Star Junior: Argonaut (PF), Endeavour Mining (PF), Primero, Teranga, Timmins Gold, Kirkland Lake, Lake Shore Gold, San Gold, Brigus Gold, St. Andrew Goldfields, McEwen, Crocodile Gold, Richmont, Claude Resources

Page 16: Q2 2013 Financial Results

16

TSX: GCM OTC: TPRFF AUGUST 2013

TSX: GCM 21 MARCH 2012

www.grancolombiagold.com