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2013/01/25

Loulo Gounkoto mine complex


Mali
January 2013

Introduction
1. INTRODUCTION (C. BERTHE-General Manager)
2. EXPLORATION WEST AFRICA ( Joe Holliday - RRL Exploration West Africa)
3. EXPLORATION LOULO COMPLEX (Analia - RRL Exploration )
4. RESOURCES AND RESERVES (A. FAMANTA - Mineral Resources Manager)
5. SHE (M.Kanta - SHE Manager)
6. MINING OPEN PIT (T. Frempong- Open Pit Manager)
7. MINING UNDERGROUND (M. TOURE - Underground Manager)
8. 5 YEAR MINING CAPACITY (G. Lawrie Operations Manager )
9. PROCESSING (D. ARAMA - Process Manager)
10.ENGINEERING (A. COULIBALY - Engineering Manager )
11.CAPITAL PROJECT (A. SALON - Capital Project Manager )
12.LOGISTIC and SUPPLY ( C. KONARE - Supply Chain Manager)
13.QUESTIONS

2013/01/25

Location of mines Loulo and Gounkoto

Senegal
Mali

Loulo & Gounkoto


Permits

Loulo history
1981Syndicat Or (JV BRGM + DNGM) discovered Loulo-0 deposit;
1989Somilo was created in purpose to mine Loulo-0 deposit;
1992BHP- Minerals Mali Inc. Acquired BRGM shares in Syndicat Or;
1996..Randgold Resources aquired BHP Minerals Mali Inc in Aug;
1996Yalea discovery Trench excavated in November increasing total
resources to + 3.0 million ounces;
1997Randgold submitted the feasibility study.
1999Mining permit granted;
2003Randgold updated the feasibility study followed by the Board
approval
2004Construction commences;
2005Opening of Loulo gold mine in November 12th;
2005UG Feasibility approval in December
2006Commenced UG development
2009Gounkoto deposit discovered;
2010Gounkoto was Incorporated as a separate Mining Company

2013/01/25

Loulo ComplexProduction Statistics

1 200 000
1 000 000
9

800 000

Complex
Cumulative
Profit from
Mining
Activity

M
o
n
t
h
s

600 000
400 000
200 000
0
2005/2007

2008

2009

2010

121 132

58 520

117 705

140 717

121 132

179 652

297 357

438 074

2011

2012

264 155

304 644

702 229

1 006 873

ANALYST PRESENTATION SCORECARD

RequirementJan 2012 (1/2)


Yalea South OC pushback

Mining Gounkoto

Purple Patch

Gara ore development April 2011


Yalea development and stoping progress

New UG design

Pillar and pastefill mining

Started on time during 2012 and will be


completed February 2013
Mining at Gounkoto reached steady state during
2012 and continues to produce 50% + of ore for
the Mill
At the last analyst visit announced the top of the
purple patch had been exposed and during 2012
stoping of the purple patch commenced as per
plan
Full out stoping during 2012
During 2012 Yalea managed to consistently
produce more than 100 000ore tonnes and
1000m per month
New design improved and implemented. Now
multiple declines with reduced waste
development
New design implements for pillar mining at 73%
extraction and 100 % extraction where paste fill
will be implemented

2013/01/25

ANALYST PRESENTATION SCORECARD

RequirementJan 2012 (2/2)

Gara development and stoping profile

CAF
600 000to 650 000 oz production profile
over next 8 years
Metworx introduced in plant during 2011

Third mill installation

HFO introduction to reduce power cost

During 2012 Gara encountered difficulties when we


encountered flat dipping ore bodies which we were
unable to mine with our existing design. This resulted
in production profiles not being met, but well on our
way to resolving this issue
Has been introduced to allow secondary high grade
stopes to be mined prior to the implementation of
pastefill
New production profile 600 000 to 750 000 oz profile
next 5 years
Fully implemented on the plant and is now being
introduced to the UG mining sections
Third mill commissioned early in 2012 and has
created huge flexibility in the plant in terms of
increasing through put
Construction underway for the implementation of this
project

Loulofiscal regime and financing


3 years Exemption from TVA ended in November 2008
3 years duties holiday ended in November 2008
5 years income tax holiday ended in November 2010
Fuel exonerated from duty for LOM
6% royalty on revenue
20% Government participatory shareholding, 100% funded by
Randgold Resources

2013/01/25

Gounkotofiscal and financial regimes


Gounkoto convention signed on 21 March 2012
3 years exemption from VAT starting from 1 June 2011
3 year duties holiday
2 year exemption from corporate tax - further extensions for 5
years in the event of additional capital investments
Fuel exonerated from duty for LOM
6% royalty on revenue
20% Government participatory shareholding, 100% funded by
Randgold Resources (10% priority dividend)
First dividend (US$ 69 million) paid in July 2012 and second
dividend (US$ 69 million) paid in November 2012

Loulo contribution to Mali economy


from inception to Q3 2012
Total payment US$ 0.9 billion
Royalties
99

129
Payment to
local suppliers,
local salaries.
Community
investment

Direct and
Indirect taxes

708

2013/01/25

Exploration

West Africa Craton

Yatela

Mali

Sadiola

Senegal

Gara

Sabodala

Kalsaka
Inata

Yalea

Massawa

Tabakoto
Siguiri

Gounkoto
Lefa

Burkina
Faso

Essakane
Taparko

Morila
Youga
Syama

Mana

Kalana
Tongon
Ghana

Ivory
Coast
Ahafo

Obuasi

Ity

Gold
Gold mines
mines

Bonikro

Bibani
Chirano

Birimian Basinal sediments


Birimian Belt
Proterozoic Plutonic Rocks

Prestea

Akyem
Damang
Tarkwa

2013/01/25

Kedougou Kenieba Inlier


Yatela

Dalema - Kofi
Limestone
QT
Metasediments

Sadiola
!

Diale - Keniebandi
Clastic Metasediments
Metasediments/volcanics
Andesite

SENEGAL

MALI

Mako - Saboussire
Gara

Sabodala
!
!
!

Yalea

Massawa

Granitoids

Tabakoto

Millenium Highway

Randgold Resources
permits

Segala

Gounkoto
100 km

SMSZ

Volcaniclastics
Andesite
Basalt

Loulo district
a proven world class destination

Analytical signal

Airborne EM

Geology

Geochemistry

2013/01/25

Loulo districtexploration adds further


resolution to the regional model
Baboto
GARA

Loulo 3

Image shows NS linear on


gravity links Yalea and
Gounkoto
Structure associated with
break in the density values
New generative study
including prospectivity
analysis highlights new
targets

Gravity
Isosurfaces

YALEA

Gounkoto
Faraba

LouloYalea upside
Yalea Long section looking W
N
YDH263
16.7m @ 11.11g/t

YDH264
14.7m @ 18.02g/t

Au (g/t)
>8
58
35
13
0.5 1

YDH261
11.8m @ 3.09g/t

YDH259
5.2m @ 8.11g/t
Incl 1.9m @ 17.24g/t

YDH258
8.6m @ 0.22g/t
100m

2013/01/25

Garaupside
Looking East

Planned UG infill & Deep DDH

Pending
Infill hole
Pending
Infill hole

Pending
Infill hole

Pending
Infill hole

Pending
Infill hole

Au (g/t)
>8
58
35
13
0.5 1

Deep
hole

Mined out pit


Measured surface
Inferred surface

Deep
hole

Deep
hole

Loulo permitLoulo 3
Loulo permit showing Loulo 3 and new Iron Hill and Yalea Ridge S targets
Loulo 3 Main Zone with
Q2 drill intersections

L3DH108
1.6m @ 9.39g/t

GARA
IRON HILL
9m @ 2.40g/t
incl 1m @ 8.90g/t
5m @ 3.47g/t
incl 2m @ 7.72g/t

LOULO 3

L3DH109
25.1m @ 5.73g/t

L3DH104
7.64m @ 2.46g/t

L3DH106
12.15m @ 1.57g/t
Au (g/t)

YALEA

L3DH111
14.13m @ 3.48g/t

L3DH105
23.12m @ 1.29g/t
200m

YALEA RIDGE S
5km

L3DH107
7.9m @ 2.05g/t

>8
58
35
13
0.5 1

Loulo District exploration generates pipeline of multiple


targets for future growth:
10 targets tested, 8 rejected and 2 advanced (Iron Hill
and Yalea Ridge South)

2013/01/25

Loulo Permit
Baboto target shows potential
BABOTO

Baboto North
inferred
154 939 oz @ 1.60g/t

Baboto Centre
GARA

inferred
43 375oz @ 1.39g/t
LOULO 3

Soil
250ppb
100ppb

YALEA

50ppb
25pb
structure

Baboto South
indicated
154 525 oz @ 3.41g/t

Loulo permittarget prioritisation


PA P1 North
FarNW
NNW structure identified in previous
RAB following an elongate soil anomaly.
Detailed regolith/geology completed

Yalea structure turn from NS to NNW


and is crosscutter by NE structure
passing by PQ10 and Baboto south.

Yalea ridge structure intersect Yalea


structure to the east of Loulo1 and a
major NE crosscut both.
Detailed regolith/geology completed

Loulo1 East
Iron Hill
NS structure in the contact limestone
/intrusive identified in
RC drilling.
Detailed regolith/geologycompleted

P125 NE
Gara South
NNE structure (continuity of Gara)
Anomalous lithosamples only tested by
regional RAB.

NNE structure // to Yalea structure


composed of strongly sheared quartzite
which regional RAB with anomalous
values around P125.

NNE trend structure probably located in


the anticline hinge of regional fold.

Hinge zone of parallel NE of


transpressional fold along a NNE axis
and NNW strike-slip deformation.

Farandi South
NNE structure which is the continuity of
Farandi structure with crosscut NS
shear.

Legend
Reserve definition
Indicated Resource

Goldfinger fold

Inferred Resource
Advanced Target
Follow up Target

Yalea Ridge south

Goldfinger East

10

NE structure intersecting Conjugate


Thrust NE and NW at the lithological
boundary.

Identified Target
Generative Target
Q3 Prioritized Target

10

2013/01/25

Gounkoto exploration

Gounkoto history
2009 - 7 diamond drill holes were drilled and confirmed Gounkoto
as a significant new discovery
2010 - Gounkoto was Incorporated 21 Dec
2010 - ESIA approved by the government 06th December
2010 - Mine construction started in November
2011 - Mining operations started 19 Jan
2011 - Implementation of toll treatment agreement 1 Jun
2011 - First gold poured 8 Jun
2012 - Capital paid back after one year production in Q2 2012
2012 - Successful opening of the mine 6 Aug 2012
2012 - First dividend of US$69m paid to the Shareholders in July
2012 Second dividend of US$69m paid in Nov 2012

11

2013/01/25

Schematic representation of the planned


pit positions at the end of 2013

105RL

20RL

120RL

0RL

Gounkoto pit at end 2012

Gounkoto pit at end 2013

Gounkoto deposit
1,720m

300m

Resource: 4.62 Moz @ 4.65 g/t


Reserve: 2.76 Moz @ 5.06 g/t

Underground
potential

>8
58
35
13
0.5 1

12

2013/01/25

GounkotoGrade/tonnage reconciliation
confirms original orebody model
Original
Resource Model

Grade Control
Block Model

Tonnes 000s

Actual
Oz 000s

Grade g/t

Tonnes

Grade

Ounces

Gounkoto contribution to Mali economy


from inception to Q3 2012
Total payment US$ 0,18 billion
US$ million

36
Royalties

Payment to
local suppliers,
local salaries.
Community
investment

12

Direct and
Indirect taxes

110
23
Dividends paid

13

2013/01/25

Gounkoto underground potential


Jog Zone MZ2
GK JZ MZ2 LongSection Looking West onto Oct2012 BM, Indicated Surface & $ 950 Pit
Shell
GKDH323
GKDH087
31.35m @ 6.04g/t

GKDH325
13.10m @ 5.53g/t

1.70m @ 30.54g/t
GKDH282
1.60m @ 3.41g/t

0m

GKDH322
2.00m @ 2.76g/t

GKTWDH14
14.30m @ 9.69g/t

GKDH288
7.60m @ 9.73g/t

GKDH220
25.8m @ 19.85g/t
and
6.20m @ 1.66g/t
GKTWDH12
19.05m @ 11.33g/t

Au (g/t)
>8
58
35
13
0.5 1

GKDH227
18.90m @ 3.83g/t
GKDH353
12.20m @ 6.46g/t

GKDH352
40.8m @ 12.68g/t
GKDH330
3.70m @ 17.74g/t

400
m

GKDH348
32.40m @ 6.51g/t
GKDH351
55.50m @ 5.81g/t

GKDH244
600
7.80m m@ 0.93g/t

50m

GKDH347
4.30m @ 0.81g/t

GKDH289
17.20m @ 6.31g/t

Gounkoto underground potential


Jog Zone MZ3
GK MZ3 LongSection Looking West Onto Oct2012 BM, Indicated Surface
& $ 950 Pit Shell
GKDH320
91.50m @ 3.43g/t
0m

-200m

GKDH106
21.00m @ 10.34g/t

GKDH217
27.20m @ 3.14g/t
and
21.50m @ 1.85g/t

GKDH322
11.90m @ 5.06g/t

GKTWDH16
85.45m @ 7.87g/t

GKDH271
31.70m @ 23.91g/t

GKDH290
30.60m @ 17.21g/t

-400m

Au (g/t)

GKDH328
12.60m @ 6.00g/t
GKDH329
50.85m @ 1.70g/t

50m

GKDH291
14.10m @ 1.65g/t

>8
58
35
13
0.5 1

-600m

14

2013/01/25

OP UG interface
Deposits with underground potential require an interface analysis
Au (g/t)
>8
58
35
13
0.5 1

Jog zone and


underground target
$/oz shell

Ore tonnes

Waste
tonnes

Strip Ratio

Incremental
Cost
increase

$/ore t
increase

950
1000
1050
1100
1150

16 893 743
17 376 549
17 882 280
18 342 697
21 415 925

161 684 304


172 992 491
184 286 075
195 342 907
281 779 849

9.57
9.96
10.31
10.65
13.16

(22 132 116)


(39 759 744)
(38 618 610)
(39 276 250)
(315 482 403)

-49.12
-82.35
-76.36
-85.31
-102.66

Gounkoto underground prefeasibility


Potential for 1Moz at 6g/t below the pit
Drilling underway to confirm geological model
and convert remaining inferred to indicated
Geotechnical review complete no fatal flaws,
but do need to deal with poor ground conditions
in host rocks
Busy with initial hydrological review.
Current concept has us prioritising the southern
pit with a decline commencing from pit to open
up the jog zone underground, and then
integrate the lower grade northern portion of
the open pit and Faraba with high grade
sweetener from underground.
Underground production rate likely to be limited
by backfill rate currently looking at CAF or
CRF options.
Current timeline - busy with prefeasibility which
we expect complete in Q1 2013. Feasibility
complete by end of 2013 and decline to start in
2014 with plan to supplement open pits by
2016.

Loulo Permit

Gara
Loulo 3

Loulo Plant

Yalea

Gounkoto
Faraba
Gounkoto Permit

15

2013/01/25

Gounkoto Permitupside
Gounkoto Permit..
anomalies and targets

Ground IP gegophsics, seeing below transported


river alluvium

Toronto
Advanced target

P64
Inferred resource
60 000oz @ 2.8g/t

Gounkoto
5.07Moz @ 4.23g/t
Potential for
1 Moz underground

Faraba
Inferred resource
335 000oz @ 2.11g/t
Identified target
Existing deposit

Mineral Resources

16

2013/01/25

Loulo complex resources and reserves


Yalea deposit

0.5 - 1.0 g/t


1.0 - 3.0 g/t
900m

3.0 - 5.0 g/t


5.0 - 8.0 g/t
> 8.0 g/t

Reserves4.09 Moz @ 5.48 g/t


Resources6.29 Moz @ 4.89 g/t

Loulo complex resources and reserves


Gara deposit

750m

0.5 - 1.5 g/t


1.5 - 4.0 g/t
4.0 - 6.0 g/t
> 6.0 g/t

Reserves1.98 Moz @ 4.59 g/t


Resources3.12 Moz @ 4.04 g/t

17

2013/01/25

Loulo complex resources and reserves


Gounkoto deposit
Reserve2.76 Moz @ 5.06 g/t
Resource4.62 Moz @ 4.65 g/t

GRADE (g/t)
<0.5
0.5 to 1
1 to 3
3 to 5
5 to 10
10.
500m

Health, Safety and Environment

18

2013/01/25

Safety, Health and Environmental


Occupational health and Safety Management System implemented as
per OHSAS 18001 requirements
OHSAS 18001 Certification audit was conducted by NQA in Q3-2012
the mine has been recommended for the certification.
ISO 14001 certification maintained Dec 2012
Community development strategies based on:
Primary health care
Basic education
Potable water
Food security
Economic development

Safety, Health and Environmental


Safety Statistics and Trend
4
3.5
3
2.5
2
1.5
1
0.5
0
2006

2007

2008

2009

2010

LTIFR/Million Hrs( Incl FI)

2011

Q1-2012 Q2-2012 Q3 2012

FIFR/Million Hrs

Linear (LTIFR/Million Hrs( Incl FI))

19

2013/01/25

Open Cast Mining

Schematic representation of the planned pit


positions at the end of 2013

105RL
-25 RL

-20 RL

0RL

Gounkoto pit at end 2013


Yalea South pit at end 2013

20

2013/01/25

Underground Mining

Undergroundimportant milestones
Yalea Stoping in the Purple Patch commenced December 2012
Continuous improvement of development since Quarter 4 2010
Commissioning 88Level ore and waste passes system improving
ore and waste handling system
Yalea phase two ventilation commenced, introducing independent
blasting between Yalea Nth and Yalea Somilo section
Gara Primary ventilation phase two completed
Introduction of the Up holes emulsion in both Yalea and Gara
Settle an optimal mine design through an iterative process in both
Gara and Yalea
Backfill trade off complete and Paste plant in progress

21

2013/01/25

Loulo UG tons and meters profile last


12 months
450,000

Production increase 282%


last 12 months

GARA UG

YALEA UG

350,000

250,000
6,000

GARA UG

YALEA UG
150,000

5,000

4,000

50,000

3,000

Q4-2011

Q1 - 2012

Q2 - 2012

Q3 - 2012

-50,000
2,000

1,000

0
Q4-2011

Q1 - 2012

Q2 - 2012

Q3 - 2012

Development meters
increase 55% last 12 months

Yalea UG
P125 Main
500kW Fan

2nd 500kW
Vent System

Yalea Pit

Yalea South

New design
multiple
spiral
declines

Somilo
Section
Decline
Yalea Nth
Decline

Yalea Main
Decline
VD2

South
Decline

Full extraction on high grade with backfill


New design introduced from January 2012 that reduces footwall development and
optimizes the capital expenditure
Introducing CAF filling until Paste Fill project commissioned in Jan 2014.

22

2013/01/25

Gara UG
Gara Pit

VD1 & CD1

2nd 500kW
Fan (295m/s)

1st 500kW Fan


(153m/s)

CD3

South Decline

Central
Decline

Nth Decline

New design
multiple
spiral
declines

Mining design optimal with multiple spiral ramps and eliminate footwall drives on
three consecutive levels.
200m strike length in both directions from Spiral Ramps
Future optimisation involves the final location of the crusher and conveyor decline at
85Level at Gara

Mining strategy
Inter-level distances 25m
First five years Top down with combination of Sub Level open
Stoping (SLOS) and pillars with Primary and Secondary stopes
Gara Develop flatter dipping blocks on existing levels
Improve on available minable reserves in 2013 with the introduction
of CAF (Cemented Aggregate Fill)
Introduction of Paste Aggregate Fill in 2014 for 100% extraction
strategy
Optimise between Top down and Bottom up sequences for long term
plan
Capex footwall drives every 100meters (32% reduction)

23

2013/01/25

Mining Method Descriptions


Top Down SLOS (25 Sub Level Intervals)

5 year mining plan


Yalea Mine Plan

Gara Mine Plan


Mined Out
2013
2014
2015
2016
2017

24

2013/01/25

Yalea CAF Implementation

Processing

25

2013/01/25

Plant throughput ramp up

Gold Production

26

2013/01/25

Processing Output
2013 focus
Recovery Improvement
Install additional 4 (four) CIL Tanks
Retention time to be put back to 40 hrs

Elution Circuit Improvement


Increase elution batches

Additional unit of Secondary or Tertiary crusher


Increase of grinding section capacity to 5-10%
Reduce of scats in the grinding circuit

Oxygen Supply Upgrade


Additional 10tons PSA to optimize oxygen distribution per tank

New return damn at TSF


Improve water management

Reagent optimization
Install Lime auto dosing

Simplified metallurgical flow sheet


HARD ORE

Thickener and Clarifier


Primary
Secondary
Tertiary
Crushing

TAILINGS DISPOSAL DAM

Cyclones

8km
Upgraded
pipeline

Knelson
Concentrators
Primary Mill
CIL Tank Farm
SOFT ORE Fine
Stockpile
Mineral
Sizer

Coarse
Stockpile

Conveyor

AARL
Ball Mills
Ball Mills
Elution
Smelt-house

Accounting Sampling points


Gravity
concentrate

Eluate
Gold Bullion

27

2013/01/25

Engineering

Key performances 2012


Planned Availabilty = 85%

Crusher Engineering Availabilities


100.00%
95.00%
90.00%
85.00%
80.00%
75.00%
70.00%
65.00%

Jan Feb Mar


2010 82.80 76.20 76.90
2011 83.30 79.40 77.80
2012 89.70 92.40 84.30

Apr
70.00
83.80
84.90

May
77.50
82.30
87.60

Jun
Jul Aug Sep Oct Nov Dec
78.90 77.00 87.60 90.70 84.10 87.60 83.60
87.90 85.40 85.10 87.90 86.50 89.60 87.90
87.40 88.20 86.90 87.30

Planned Availability =
95%

Plant Engineering Availabilities


100.00%
95.00%
90.00%
85.00%
80.00%
75.00%
70.00%

Jan Feb Mar


2010 93.10 89.60 90.80
2011 95.80 89.60 92.70
2012 95.90 94.70 95.60

Apr
86.70
93.10
95.30

May
78.40
87.90
93.70

Jun
Jul Aug Sep Oct Nov Dec
83.70 92.00 93.50 95.20 94.20 96.40 92.20
91.80 86.70 92.50 95.30 91.80 92.80 95.90
92.70 96.40 95.30 96.40

28

2013/01/25

Engineering

Focus 2013
Upgrade crushing circuit
Continue to optimize power plant operation, improve fuel
efficiency
Upgrade CIL train and elution capacity for better gold stripping
Component, Equipment rebuild and exchange plan
Completion of Gara conveyor installation
Installation of Yalea primary pump station
Continue Engineering integration, Manpower development
within the group

Capital Projects

29

2013/01/25

Completed projects2012
New Power Plant Medium Speed Engines 7 to 8
Medium Speed Engines 7 & 8
Engine 7 - On line 28 January 2012
Engine 8 - On line 12 February 2012
Additional power required for the Primary Mill project.

Primary Mill Project


Installation of a new SAG Mill raise
throughput and accommodate the harder
Gounkoto ore and eliminate all the scats
10% monthly average. Completed Feb
2012.

New Stockpile
In line with Loulo Milling expansion, to enable and
effectively processing of 300ktpm of harder ( higher work
index) crushed ore from Yalea , Gara & Gounkoto, the
Installation of a New Stockpile is essential . Completed
May 2012.

Ongoing projects2012 - 2013


Gara Overland Conveyors
Gara Surface overland conveyor is the means
of transporting ore from the portal of Gara
underground to the stockpile feeding. It
comprises Conveyor # 1 = 248m, Oveland
conveyor 429m and stockpile feed & transfer
tower 289 m. Target Completion 30 Jan 2013.
HFO Plant Conversion
Heavy fuel oil storage farm to feed the 8
medium speed Installation of a new engines.
Order placed on equipments with APS and
Plate works with ATC. . Target completion 30
June 2013.

UG Paste Backfill Intermediate plant


Project comprises of Intermediate plant, Gara
& Yalea paste plant. Its a UG project,
managed and implemented by Surface
Capital Projects,
Target completion 30 Dec 2013.

30

2013/01/25

Surface capital focus projects2013

Gara Box cut retaining wall cut back


Additional CIL tanks - 4 off
C M 9 & 10
PCD Extension completion
Lime Storage Shed 24m x 70m
Replacement of Old sewage plant

Logistics and Supply

31

2013/01/25

Achievements 2012

New warehouse software (SAP) implemented ; Better control of


supply chain processes and interface with Finance; March 31,2012
Total Fuel Management System implemented (Lafon system), No
SOMILO fuel stock; SOMILO pays for actual consumed volumes;
May 01,2012
2012 Number of months stock : actual 9.9 vs. target of 11.4

Number of Months Stock Trend 2012


(excluding strategic)
18
16
14
12
10
8
6

NMS(actual)
NMS (target)

4
2
0

Jan- Feb- Mar- Apr- May- Jun- Jul- Aug- Sep- Oct- Nov- Dec12
12
12
12
12
12
12
12
12
12
12
12
NMS(actual) 15.4 15.1 14.9 14.9 14.8 15.3 13.9 12.4 12.9 11.9 11.9 9.9
NMS (target) 11.4 11.4 11.4 11.4 11.4 11.4 11.4 11.4 11.4 11.4 11.4 11.4

32

2013/01/25

Opportunities

The millennium road, expected yearly savings of more than


1.5 million USD on transport cost of goods. Opening
scheduled for February 2013
Continued reduction in stock on hand through enhanced
supply chain management

Questions?...

33