{ "docId": "019de516-734a-7789-a417-a3ebe66d7c98", "docSlug": "11577fe7757676429aef6efd7dbde59b", "documentTitle": "Gatos Silver | Results Presentation Deck | 19 slides", "authorId": "gatos-silver", "authorName": "Gatos Silver", "documentKindSlug": "conference-presentation", "documentKindLabel": "Conference presentation", "sourceTypeSlug": "investor_relations", "sourceTypeLabel": "Investor relations", "presentationDate": "2023-08-01 00:00:00", "orientation": "landscape", "aspectRatio": 1.7777778, "pageNumber": 18, "pageCount": 19, "prevPage": 17, "nextPage": 19, "slideType": "appendix", "function": "appendix", "density": "dense", "nDataPoints": 0, "notes": null, "elementsJson": null, "metadataConfidence": 1, "imagePath": null, "slideHref": "/slides/019de516-734a-7789-a417-a3ebe66d7c98/18", "deckHref": "/decks/019de516-734a-7789-a417-a3ebe66d7c98", "deckJsonHref": "/decks/019de516-734a-7789-a417-a3ebe66d7c98.json", "deckAnchorHref": "/decks/019de516-734a-7789-a417-a3ebe66d7c98#slide-18", "components": [ { "bbox": { "h": 0.57, "w": 0.45, "x": 0.51, "y": 0.19 }, "kind": "list", "text": "Slide 9: 2023 Annual Guidance\n(1) Silver equivalent production is calculated using price assumptions of $22/oz Ag, $1.20/lb Zn, $0.90/lb Pb and $1,700/oz Au to \"convert\" zinc, lead and gold production contained in concentrate to \"equivalent\" silver ounces (contained metal, multiplied by price, divided by silver price). See Non-GAAP Financial Performance Measures on slide 15 and AISC reconciliations on slide 16. For FY 2023 Guidance, metrics assume an exchange rate of 20.00 Mexican Pesos per US$1.00. Costs used in calculating financial metrics include an allocation for GSI and Dowa corporate costs paid by the LGJV of approximately $6 million per year. Commodity price assumptions used for AISC co-product basis and AISC by-product basis are $22/oz Ag, $1.20/lb Zn, $0.90/lb Pb and $1,700/oz Au.\nSlide 10: Exciting Growth Potential\n(1) Mineral Resources which are not Mineral Reserves do not have demonstrated economic viability. The quantity and grade of reported Inferred Mineral Resources are uncertain in nature and there has been insufficient exploration to define these Inferred Mineral Resources as an Indicated or Measured Mineral Resource. It is uncertain if further exploration will result in upgrading Inferred Mineral Resources to an Indicated or Measured Mineral Resource category. Inferred mineral resources are subject to uncertainty as to their existence and as to their economic and legal feasibility. The level of geological uncertainty associated with an inferred mineral resource is too high to apply relevant technical and economic factors likely to influence the prospects of economic extraction in a manner useful for evaluation of economic viability.\n(2) The 2022 Mineral Reserve and 2022 Mineral Resource is disclosed in the Technical Report dated November 10, 2022 (\"the Los Gatos Technical Report\").\n(3) Current analysis is conceptual in nature. There has been insufficient exploration to define a mineral resource and it is uncertain if further exploration will result in targets being delineated as a mineral resource.", "attrs": null, "subkind": "bullet", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "54e1ed93-8e0e-43de-ac8c-fbe086ae2530", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.65, "w": 0.45, "x": 0.05, "y": 0.19 }, "kind": "list", "text": "Slide 3: Q2 Highlights\n(1) See Non-GAAP Financial Performance Measures on slide 15 and EBITDA and free cash flow reconciliations on slide 17.\nSlide 4: CLG Q2 Operating Performance\n(1) Silver equivalent production shown in this graph is calculated using price assumptions of $22/oz Ag, $1.20/lb Zn, $0.90/lb Pb and $1,700/oz Au to \"convert\" zinc, lead and gold production contained in concentrate to \"equivalent\" silver ounces (contained metal, multiplied by price, divided by silver price).\n(2) See Non-GAAP Financial Performance Measures on slide 15 and AISC reconciliations on slide 16. By-product AISC for the full year 2020 reflects reporting from the time and the methodology differed slightly from the current methodology. AISC information is not available for 2019 due to operations ramp-up.\nSlide 5: Robust cash flows at LGJV\n(1) LGJV figures are shown on a 100% basis. Gatos Silver's ownership of the LGJV is 70%.\n(2) See Non-GAAP Financial Performance Measures on slide 15 and free cash flow reconciliations on slide 17.\n(3) Dividends paid by the LGJV are shown on a 100% basis and are before applicable withholding taxes.\nSlide 6: Financial Results at LGJV\n(1) See Non-GAAP Financial Performance Measures on slide 15 and EBITDA reconciliations on slide 17\n(2) LGJV figures are shown on a 100% basis. Gatos Silver's ownership of the LGJV is 70%.\n(3) Totals may not add due to rounding\n(4) Realized prices include the impact of final settlement adjustments from sales of previous periods.\nSlide 7: Financial Results at GSI\n(1) Totals may not add due to rounding\nSlide 8: Strong Balance Sheet\n(1) See Non-GAAP Financial Performance Measures on slide 15.\n(2) LGJV figures are shown on a 100% basis. Gatos Silver's ownership of the LGJV is 70%.", "attrs": null, "subkind": "bullet", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "e842fc98-6519-4942-9523-0ca9b8cb10a8", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.02, "w": 0.02, "x": 0.95, "y": 0.94 }, "kind": "source-note", "text": "18", "attrs": null, "subkind": null, "toolName": null, "toolSlug": null, "confidence": null, "componentId": "67f28e39-d58c-45b3-abf5-a47c2a674415", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.03, "w": 0.16, "x": 0.05, "y": 0.08 }, "kind": "title", "text": "Endnotes", "attrs": null, "subkind": "headline", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "0e3d77cb-6e92-4c8e-aecc-c8a7271b30c9", "frameworkName": null, "frameworkSlug": null } ], "metrics": [], "tools": [], "frameworks": [], "arcBeats": [], "loops": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }