DOCSLIB.ORG

The New Copper Growth Story on ASX

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
The New Copper Growth Story on ASX The New Copper Growth Story on ASX ASX Code: COD March 2021 Disclaimer Important Notices Nature of this document: The purpose of this presentation is to provide general information about Coda Minerals Limited (ACN 625 763 957) (the ‘Company’). Unless otherwise stated herein, the information in this presentation is based on the Company’s own information and estimates as at the date of this presentation. In attending this presentation or viewing this document you agree to be bound by the following terms and conditions. Not an offer or advertisement: This presentation is for information purposes and does not constitute or form any part of any offer or invitation to sell or issue, or any solicitation of any offer to purchase or subscribe for, any securities in the Company in any jurisdiction. This presentation and its contents must not be distributed, transmitted or viewed by an person in any jurisdiction where the distribution, transmission or viewing of this document would be unlawful under the securities or other laws of that or any jurisdiction. In particular, this presentation may not be distributed or released, directly or indirectly, in the United States. This presentation does not constitute an advertisement for an offer or proposed offer of shares. Neither this presentation nor anything contained in it forms the basis of any contract or commitment and it is not intended to induce or solicit any person to enter into, or refrain from entering into, any contract or commitment. Not financial product advice: This presentation does not take into account the individual investment objectives, financial situation and particular needs of each of the Company’s shareholders or potential investors. You may wish to seek independent financial and taxation advice before making any decisions in respect to this presentation. Neither the Company nor any of its related bodies corporate is licensed to provide financial advice in respect of the Company’s securities or any other financial products. Forward-looking statements: Certain statements in the presentation are or may be perceived as “forward looking statements” and represent the Company’s intentions, projections, expectations or beliefs concerning, among other things, future operating and exploration results or the Company’s future performance. You are cautioned not to place undue reliance on any forward looking statement. These forward looking statements are based on current expectations at the date of this publication. The projections, estimates and beliefs contained in such forward looking statements necessarily involve known and unknown risks and uncertainties, and are necessarily based on assumptions, which may cause the Company’s actual performance and results in future periods to differ materially from any express or implied estimates or projections. Disclaimer: No representation or warrant, express or implied, is made by the Company that the material contained in this presentation will be achieved or prove to be correct. Except for statutory liability which cannot be excluded, each of the Company, its directors, officers, employees, advisers, agents and contractors expressly disclaims any responsibility for the accuracy, fairness, sufficiency or completeness of the material contained in this presentation, or any opinions or beliefs contained in this presentation, and excludes all liability whatsoever (including negligence) for any loss or damage which may be suffered by any persons as a consequence of any information in this presentation or any error or omission there from. The Company is under no obligation to update or keep current the information contained in this presentation or to correct any inaccuracy or omission which may become apparent, or to furnish any person with any further information. Any opinions expressed in the presentation are subject to change without notice. Unverified information: This presentation may contain information (including information derived from publicly available sources) that has not been independently verified by the Company. Photographs used on page 1 , 6 and 13 were provided by Adam Mørk Architectural Photography via http://adammork.dk/. Rare Investment Opportunity One of the few junior copper explorers on the ASX ready to move to the next level PROMINENT HILL Strong 159kt Cu and 9.4kt Co (JORC 2012 Indicated) OLYMPIC DAM Foundations $ 11.8 million cash (31/12/2020) OAK DAM WEST CARRAPATEENA Near Term Significant Exploration Target at Emmie Bluff, rapid Resource expansion programme underway EMMIE BLUFF Growth DEEPS EMMIE BLUFF IOCG PROSPECT Elizabeth Creek1; located in the heart of the Olympic Tier 1 Location IOCG Copper Province Major Discovery Exploring in elephant country, drill testing of world- WINDABOUT Potential class IOCG targets commencing April 2021 250,000T CuEq Discovering and proving up copper resources, an Strategic Focus essential metal for a low carbon future ELAINE MG14 IOCG 1 PROSPECT 3 CodaCoda Minerals has the - rightSustaining to earn Tomorrow up to 75% interest in the Elizabeth Creek assets. Current ownership 70% 30,000T CuEq Coda (ASX:COD), 30% Torrens (ASX:TRN) See Appendix D for more details. Total Area: 739 km2 Corporate Structure TOP 20 SHAREHOLDERS (as of 23 February 2021) CURRENT CAPITAL STRUCTURE & SHARE PRICE Rank Shareholder %IC ASX Code COD 1 ANGANG GROUP HONG KONG (HOLDINGS) LIMITED 13.92 [26/02/2021] 2 MR KEITH FRANCIS JONES & MRS JENNIFER JONES 8.32 Share Price $0.405 3 HSBC CUSTODY NOMINEES (AUSTRALIA) LIMITED 5.54 Ordinary Shares (including escrow) 85,517,184 4 CS THIRD NOMINEES PTY LIMITED 4.99 5 SUNSET CAPITAL MANAGEMENT PTY LTD 4.85 Options on Issue (exercise price $0.2145) 6,000,000 6 COSSACK HOLDINGS (AUS) PTY LTD 2.34 Market Capitalisation $34.63M 7 MS LINLIN LI 2.30 8 LUJAMA PTY LTD 1.56 Top 20 Shareholders 56.98% 9 BRISPOT NOMINEES PTY LTD 1.52 Cash and Equivalents [as of 31st December 2020] $11.8M 10 PERSHING AUSTRALIA NOMINEES PT 1.51 11 MR PAUL DUNCAN HALLAM & MRS CHRISTINE JOY HALLAM 1.46 12 GOLDNEY PTY LTD 1.17 13 PATHWAYS CORP INVESTMENTS PTY LTD 1.17 14 EXIT OUT PTY LTD 1.13 15 MARVEL VENTURE LIMITED 0.97 16 NO BULL HEALTH PTY LTD 0.97 17 SKINNER & CHAMPION PTY LTD 0.88 18 MANFAM PTY LTD 0.82 19 AGENS PTY LIMITED 0.78 20 LANTECH DEVELOPMENTS PTY LTD 0.78 Total 56.98% 4 Coda Minerals - Sustaining Tomorrow Board of Directors & Senior Management Keith Jones Colin Moorhead Robin Marshall Paul Hallam Chris Stevens Susan Hunter Matt Weber NON-EXECUTIVE NON-EXECUTIVE NON-EXECUTIVE NON-EXECUTIVE CHIEF EXECUTIVE COMPANY SECRETARY MANAGER – GEOLOGY CHAIRMAN DIRECTOR DIRECTOR DIRECTOR OFFICER, DIRECTOR Chartered Accountant Highly experienced Experienced mining Accomplished resource Mineral economist, Ms Hunter has over 23 Exploration geologist and senior mining exploration and mine executive previously industry leader who has feasibility and project years’ experience in the and mineral economist industry leader with geologist, immediate involved in managing been directly valuation specialist. corporate finance with over a decade’s over 40 years of past president of the the successful delivery responsible for the Previously, CEO of industry and extensive exploration experience corporate advisory AuSIMM, former of some of the world’s delivery and operation Gindalbie Metals where experience in Company working with Rio Tinto experience including member of JORC largest resource of 11 gold, base metals, he led the acquisition Secretarial and Non- and multiple exploration Chairman of Deloitte Committee. projects, including and iron ore projects and demerger in 2019. Executive Director roles companies across Australia and Chairman Chairman of the over 40 years. Former Director of with ASX, AIM and TSX Western Australia of Cannings Purple. Held senior roles Gruyere Steering Mining Operations listed companies. focussing on gold, iron including CEO PT Committee, major iron Former executive at Consulting at PwC, held ore and base metals. Currently Non-Executive Merdeka Copper Gold ore projects for BHP FMG, Newcrest and senior commercial and She is currently Director of Ora Banda Tbk, EGM Minerals at Billiton Iron Ore and current NED of Sandfire consulting roles across Company Secretary of Mining. Newcrest Mining Ltd, North Limited. Resources. mining and oil and gas. several ASX listed Australia and Geology companies. Manager at Gosowong Gold. List of Board and Management personnel above excludes Ansteel Board nominee. More information regarding these directors can be found in Appendix B. 5 Coda Minerals - Sustaining Tomorrow Copper Fundamentals Copper holds a crucial role in the development of the modern world. Applications for copper are set to heighten in unison with the world’s growing energy needs and transition towards a greener future. DEMAND SUPPLY Demand remains strong as pressure to cut greenhouse gases and The copper supply is dwindling as grades decline, input costs drive efficiency is contributing to the rising tide of electrification. increases, and market faces a scarcity of high-quality projects. $10,000 $10,00 0 Current Cu Price*: $9,220.25 $9,422 $9,378 $9,408 $8,831 $9,000 $9,000 $8,000 $8,000 $7,548 $7,316 $6,990 $6,914 $7,000 $7,000 $6,000 $6,000 $5,000 $5,000 LME Copper Prices(USD$/tonne $4,000 $4,000 EMCF High Forecast Price EMCF Mean Forecast Price $3,000 $3,000 2021 2022 2023 2024 6 Coda Minerals - Sustaining Tomorrow Source: LME, Energy & Metals Consensus Forecasts – 3 Month Moving Average *As of 3rd March 2021 Coda Minerals: Value Proposition Exploration strategy focused on delivering
Load more

Recommended publications
  • ETO Listing Dates As at 11 March 2009
    LISTING DATES OF CLASSES 03 February 1976 BHP Limited (Calls only) CSR Limited (Calls only) Western Mining Corporation (Calls only) 16 February 1976 Woodside Petroleum Limited (Delisted 29/5/85) (Calls only) 22 November 1976 Bougainville Copper Limited (Delisted 30/8/90) (Calls only) 23 January 1978 Bank N.S.W. (Westpac Banking Corp) (Calls only) Woolworths Limited (Delisted 23/03/79) (Calls only) 21 December 1978 C.R.A. Limited (Calls only) 26 September 1980 MIM Holdings Limited (Calls only) (Terminated on 24/06/03) 24 April 1981 Energy Resources of Aust Ltd (Delisted 27/11/86) (Calls only) 26 June 1981 Santos Limited (Calls only) 29 January 1982 Australia and New Zealand Banking Group Limited (Calls only) 09 September 1982 BHP Limited (Puts only) 20 September 1982 Woodside Petroleum Limited (Delisted 29/5/85) (Puts only) 13 October 1982 Bougainville Copper Limited (Delisted 30/8/90) (Puts only) 22 October 1982 C.S.R. Limited (Puts only) 29 October 1982 MIM Holdings Limited (Puts only) Australia & New Zealand Banking Group Limited (Puts only) 05 November 1982 C.R.A. Limited (Puts only) 12 November 1982 Western Mining Corporation (Puts only) T:\REPORTSL\ETOLISTINGDATES Page 1. Westpac Banking Corporation (Puts only) 26 November 1982 Santos Limited (Puts only) Energy Resources of Aust Limited (Delisted 27/11/86) (Puts only) 17 December 1984 Elders IXL Limited (Changed name - Foster's Brewing Group Limited 6/12/90) 27 September 1985 Queensland Coal Trust (Changed name to QCT Resources Limited 21/6/89) 01 November 1985 National Australia
    [Show full text]
  • To Be Renamed Ausmex Mining Group Limited
    Eumeralla Resources Limited ACN 148 860 299 to be renamed Ausmex Mining Group Limited PROSPECTUS For the offer of up to 75 million shares at an issue price of $0.08 each to raise up to $6,000,000 (before costs) (public offer). The public offer is subject to a minimum subscription requirement of $4,000,000. The public offer is not underwritten. This prospectus is a re-compliance prospectus for the purposes of satisfying chapters 1 and 2 of the listing rules and to satisfy ASX requirements for reinstatement of the company’s securities to trading following a change in the nature and scale of the company’s activities. The offers made under this prospectus and the issue of securities pursuant to this prospectus are subject to and conditional on satisfaction of the offer conditions. If the offer conditions are not satisfied, no securities will be issued pursuant to this prospectus and the company will repay all money received from applicants without interest. Lead manager Solicitors to the Offers CPS Capital Group Pty Ltd Blackwall Legal LLP Level 45, 108 St Georges Terrace Level 6, 105 St Georges Terrace Perth WA 6000 Perth WA 6000 This document is important and should be read in its entirety. If after reading this prospectus you have any questions about the securities being offered under this prospectus or any other matter, then you should consult your stockbroker, accountant or other For personal use only professional advisor. The shares offered by this prospectus should be considered as highly speculative. CONTENTS 1. CORPORATE DIRECTORY ............................................................................................. 3 2.
    [Show full text]
  • SUSTAINABILITY REPORT 2017 Front Cover Image: Amanda, Haile, United States This Page: Macraes Processing, New Zealand
    SUSTAINABILITY REPORT 2017 Front cover image: Amanda, Haile, United States This page: Macraes processing, New Zealand ABOUT THIS REPORT SECTION 3 Our reporting framework 4 OUR COMMITMENT TO RESPONSIBLE MINING Reporting scope and limitations 4 Our contribution to a sustainable future 28 Our sustainability framework 28 Precautionary approach 30 Memberships and associations 30 CHAIRMAN AND CEO’S Materiality 31 YEAR IN REVIEW 5 Awards 32 Acting ethically and with integrity 34 Our approach 34 Code of conduct 34 SECTION 1 Anti-corruption compliance 34 Transparency 35 ABOUT US Human rights 35 Case study: Strengthening our social performance 29 Our operations 10 Our growth strategy 12 Organic growth 12 Strategic investments 13 SECTION 4 Other projects 13 Closed sites 14 ECONOMIC PERFORMANCE AND CONTRIBUTION Our history 15 Financial summary 38 Production and cost results summary 38 Fines and penalties 39 SECTION 2 Social investment 39 Summary of payments and financial contributions 40 THE OCEANAGOLD WAY Summary of procurement spend 40 Case study: OceanaGold’s economic contribution to Our values 18 New Zealand 41 Our vision 19 Our strategic objectives 19 Our people 19 Corporate governance 20 Our Board 20 Organisational Chart 24 2 SUSTAINABILITY REPORT 2017 SECTION 5 SECTION 7 OUR PEOPLE OUR STAKEHOLDERS Employment 44 Stakeholder engagement and consultation 66 Inclusion and diversity 44 Social investment 71 Freedom of association and collective bargaining 47 Local procurement 72 Training and development 47 Indigenous rights 75 Employee engagement
    [Show full text]
  • Small and Mid-Cap Resources December 2017 Review
    Small and Mid-Cap Resources December 2017 Review Let the Good Times Roll WHO IS IIR? Independent Investment Research, “IIR”, is an independent investment research house based in Australia and the United States. IIR specialises in the analysis of high quality commissioned research for Brokers, Family Offices and Fund Managers. IIR distributes its research in Asia, United States and the Americas. IIR does not participate in any corporate or capital raising activity and therefore it does not have any inherent bias that may result from research that is linked to any corporate/ capital raising activity. IIR was established in 2004 under Aegis Equities Research Group of companies to provide investment research to a select group of retail and wholesale clients. Since March 2010, IIR (the Aegis Equities business was sold to Morningstar) has operated independently from Aegis by former Aegis senior executives/shareholders to provide clients with unparalleled research that covers listed and unlisted managed investments, listed companies, structured products, and IPOs. IIR takes great pride in the quality and independence of our analysis, underpinned by high caliber staff and a transparent, proven and rigorous research methodology. INDEPENDENCE OF RESEARCH ANALYSTS Research analysts are not directly supervised by personnel from other areas of the Firm whose interests or functions may conflict with those of the research analysts. The evaluation and appraisal of research analysts for purposes of career advancement, remuneration and promotion is structured so that non-research personnel do not exert inappropriate influence over analysts. Supervision and reporting lines: Analysts who publish research reports are supervised by, and report to, Research Management.
    [Show full text]
  • Kathleen Valley Confirmed As a World-Class Lithium Deposit As
    ASX ANNOUNCEMENT | ASX : LTR 11 February 2021 Kathleen Valley confirmed as a world-class lithium deposit as LiontownResource Appoints increases Highly to Cr 156Mtedentialed @ 1.4% BHP Li 2ExecutiveO Tony Ottaviano as Chief Executive Officer & Managing Director Well-regarded international mining executive to drive Liontown’s next chapter of growth as a next-generation Australian lithium company Liontown Resources Limited (ASX: LTR, “Liontown” or “Company”) is pleased to announce the appointment of international mining executive Tony Ottaviano as Chief Executive Officer and Managing Director, effective from on or about 1 May 2021. Mr Ottaviano will oversee the Company’s next critical growth phase as it embarks on the financing and development of a major new next-generation Australian lithium mine at its Tier-1 Kathleen Valley lithium- tantalum project in Western Australia. The material terms of Mr Ottaviano's employment agreement are summarised in the schedule to this announcement. Liontown’s long-serving Managing Director David Richards will transition to the role of Technical Director, with responsibility for driving the Company’s early-stage exploration projects outside of Kathleen Valley, including its exciting Moora gold-PGE-nickel-copper project in WA’s Julimar Region, and identifying new greenfield opportunities. Mr Ottaviano is a highly-credentialed global mining executive with wide-ranging strategic, operational, commercial and corporate experience. He has held senior executive roles with two of the world’s largest mining companies, BHP and Rio Tinto, as well as the diversified industrial conglomerate Wesfarmers. Prior to accepting the role of Chief Executive Officer and Managing Director with Liontown, Mr Ottaviano was Program Director Improvement and BHP Operating System (BOS) with BHP Limited – a system that forms the foundation of BHP’s 10-year safety and productivity strategy and is being deployed across all of BHP’s major assets.
    [Show full text]
  • 1997 Annual Report
    1997 Annual Report National Australia Bank Limited ACN004044937 Our Vision Financial calendar Annual General Meeting • Financial year ends on The Annual General Meeting of the To be the world’s leading financial ser- September 30 annually. members of National Australia Bank vices company. • Full year results announced Limited will be held at 10.00am November 6, 1997. (Melbourne time) on Thursday Our Mission • Shares to be quoted ex-dividend December 18, 1997 in the John Batman Theatre, Level 3, Melbourne Convention We tailor financial services to help on the Australian Stock Exchange on November 20, 1997. and Exhibition Centre, corner Spencer individuals, families, businesses and and Flinders Streets, Melbourne, communities to achieve their goals. • Record date (books closing date) for Victoria, Australia. final dividend is November 28, 1997 for shareholders on the Australian register. Shareholder gatherings Our Values • Final dividend payable on Gatherings of members of National • Service to our customers December 17, 1997 (49c per share). Australia Bank Limited will be held • Quality in everything we do • First quarter results for the 1997/98 at 9.45am (Sydney time) on Thursday • Professionalism and ethics in all financial year currently scheduled to be December 18, 1997 in the Grand our actions announced on January 22, 1998. Ballroom at The Wentworth A Rydges • Competitiveness and a will to win • First half results for the 1997/98 finan- Hotel, 61–101 Philip Street, Sydney; and • Growth and development of cial year currently scheduled to be at 8.45am (Brisbane time) on our people announced on May 7, 1998. Thursday December 18, 1997 in the • Shares currently scheduled to be quoted Grand Ballroom at the Brisbane Hilton, • Continuous productivity improve- 190 Elizabeth Street, Brisbane.
    [Show full text]
  • The Mining Industry: from Bust to Boom
    2011-08 Reserve Bank of Australia RESEARCH DISCUSSION PAPER Th e Mining Industry: From Bust to Boom Ellis Connolly and David Orsmond RDP 2011-08 Reserve Bank of Australia Economic Research Department THE MINING INDUSTRY: FROM BUST TO BOOM Ellis Connolly and David Orsmond Research Discussion Paper 2011-08 December 2011 Economic Analysis Department Reserve Bank of Australia This paper was first presented at the Reserve Bank of Australia Conference on ‘The Australian Economy in the 2000s’ at the H.C. Coombs Centre for Financial Studies, Kirribilli, on 15–16 August 2011. We would like to thank our colleagues at the RBA and participants at the Conference for their helpful comments. The views expressed are those of the authors and do not necessarily reflect the views of the Reserve Bank of Australia. Responsibility for any remaining errors rests with us. Authors: connollye and orsmondd at domain rba.gov.au Media Office: [email protected] Abstract The Australian mining industry experienced a remarkable turnaround during the 2000s. The rapid growth of emerging economies in Asia drove a surge in demand for commodities, particularly those used in steel and energy generation. With global supply unable to respond quickly, prices surged to historically high levels. In response, mining investment in Australia rose to record levels as a share of the economy by the end of the decade. The rise in commodity prices has boosted activity and incomes and encouraged the factors of production to shift towards the mining industry. The boom has also been associated with a large increase in the real exchange rate, affecting trade-exposed industries.
    [Show full text]
  • Randgold Resources Annual Report 2006 01 Chairman’S Statement
    Value creation is in our DNA ANNUAL REPORT 2006 Mission Randgold Resources’ focus is on the creation of value through the discovery and development of world class gold projects. IFC Corporate profile and mission 01 2006 highlights Corporate profile 02 Chairman’s statement 04 Directors 06 Management Randgold Resources is an African focused gold mining and 08 Chief executive’s report exploration business incorporated in Jersey in the Channel REVIEW OF OPERATIONS Islands in 1995 and listed on the London Stock Exchange in 11 Financial review 1997 and on Nasdaq in 2002. 13 Operations and projects 13 Loulo mine Its discoveries to date include the 7.5 million ounce Morila deposit 24 Morila mine in southern Mali, the +6 million ounce Yalea deposit at Loulo in 29 Tongon project western Mali and the 3 million ounce Tongon deposit in the Côte Annual resource and reserve declaration 31 d’Ivoire. 32 Table of mineral rights 33 Exploration review The company financed and developed the Morila mine which 42 New business was brought into production in October 2000 and to date has 43 Social responsibility 43 Policy statement produced more than 4 million ounces of gold. It also financed 44 Environmental report and developed the Loulo mine, which was officially opened in 44 Human resources report November 2005. Loulo’s gold production is planned to average DIRECTORS’ REPORTS 250 000 ounces per year until 2009, when Yalea underground 47 Corporate governance will start contributing. The underground development will 53 Remuneration committee report significantly extend the mine’s production and life and is expected 59 Directors’ report to average above 350 000 ounces per year during the seven 60 Statement of directors’ responsibilities and year period from 2009 to 2015.
    [Show full text]
  • OZ MINERALS HOLDINGS LIMITED (Formerly Zinifex Limited) ABN 29
    OZ MINERALS HOLDINGS LIMITED (formerly Zinifex Limited) ABN 29 101 657 309 Financial Report for the year ended 30 June 2008 Directors’ report Your Directors present their report on the consolidated entity comprising OZ Minerals Holdings Limited (‘the Company’) and its controlled entities for the year ended 30 June 2008 (the ‘financial year’). OZ Minerals Holdings Limited is a company limited by shares that is incorporated and domiciled in Australia. Directors The Directors of the Company throughout the entire year or up to the date of this report were: Peter J Mansell (Chairman) Andrew G Michelmore (appointed as Managing Director on 3 March 2008 and Chief Executive Officer on 1 February 2008) Peter W Cassidy Richard Knight Anthony C Larkin Dean A Pritchard Principal activities The principal activities of the consolidated entity during the 2008 financial year were zinc and lead mining, exploration and development in Australia, and exploration and development projects in other international locations. The consolidated entity disposed of its zinc refining and lead smelting operations during the current year. Information relating to these discontinued operations are set out in Note 4 of the financial statements. 2008 2007 Consolidated results $m $m Consolidated entity profit attributable to the members of OZ Minerals Holdings Limited 895.7 1,334.8 Cents per Consolidated Dividends share $m Payment date Fully franked dividends on ordinary shares provided for or paid are: For the year ended 30 June 2008 35.0 170.4 21 April 2008 For the year ended 30 June 2007 70.0 340.8 16 November 2007 For the year ended 30 June 2007 70.0 340.8 20 April 2007 Significant changes in the state of affairs On 3 March 2008, the Directors of OZ Minerals Holdings Limited (formerly Zinifex Limited) and OZ Minerals Limited (formerly Oxiana Limited) announced that they had reached an agreement for the merger of OZ Minerals Holdings Limited and OZ Minerals Limited ("the merger").
    [Show full text]
  • 2005 Annual Report
    1 annual report 2 0 0 5 St Barbara Mines Limited St Barbara’s key features are: • Extensive Landbank • Mineral Resources of 9.3Moz • Strong Shareholder Support • Quality Management & Staff • Financial Strength • Robust Operations 2 Table of Contents Chairman’s Review. .2 Managing Director’s Review . .3 Exploration Review . .6 Reserves & Resources Statement . 10 Operations Review. 12 Heath, Safety & Environmental Review . 14 Finance Review . 16 Corporate Governance Review . 18 Directors’ Report. 22 Declaration of Auditor Independence. 36 Statements of Financial Performance for the year ended 30 June 2005 . 38 Statements of Financial Position as at 30 June 2005 . 39 Statements of Cashflows for the year ended 30 June 2005 . 40 Notes to the Financial Statements for the year ended 30 June 2005 . 41 Directors’ Declaration . 72 Independent Audit Report to the Members . 73 Statement of Shareholders as at 19 September 2005 . 75 Shareholder Information as at 19 September 2005 . 76 Corporate Directory . 81 Chairman’s Review During the year ending 30 June 2005 the Company • An increase in the gold price and more favourable was rescued from a diffi cult fi nancial situation and operating conditions at the purchased mines. This re-emerged as a signifi cant exploration and gold allowed the Company to generate higher than forecast production company, with a sound basis for optimism gold production at a lower than forecast cost. about the immediate and long-term future. The future is exciting for the ‘new’ St Barbara, with drilling There were a number of signifi cant achievements during to extend the existing mineral inventory base underway the year: at four locations - Marvel Loch, Tarmoola, Gwalia Deeps and Meekatharra, the construction of a new open pit mine • An increase in gold sales from 40,000oz in 2003/04, to at Hercules near Marvel Loch, and exploration drilling for 84,000 ounces; nickel at Sullivans, near Leonora, due to commence next • A substantial increase in announced Company resources month.
    [Show full text]
  • Notice of Annual General Meeting BHP Billiton
    BHP Billiton Plc Notice of Meeting 2015 This document is important and requires your immediate attention. Please read it straight away. If you are in any doubt as to any aspect of the proposals referred to in this document or as to the action you should take, you should immediately consult your stockbroker, solicitor, accountant or other professional adviser authorised under the Financial Services and Markets Act 2000. If you have sold or transferred all your shares in BHP Billiton Plc, please send this document, together with accompanying documents, at once to the purchaser or transferee, or to the stockbroker, bank or other agent through whom the sale or transfer was effected for transmission to the purchaser or transferee. Our Charter We are BHP Billiton, Our purpose is to create long-term shareholder value a leading global through the discovery, acquisition, development and resources company. marketing of natural resources. Our strategy is to own and operate large, long-life, low-cost, expandable, upstream assets diversified by commodity, geography and market. Our Values Sustainability Putting health and safety first, being environmentally responsible and supporting our communities. Integrity Doing what is right and doing what we say we will do. Respect Embracing openness, trust, teamwork, diversity and relationships that are mutually beneficial. Performance Achieving superior business results by stretching our capabilities. Simplicity Focusing our efforts on the things that matter most. Accountability Defining and accepting responsibility and delivering on our commitments. We are successful when: Our people start each day with a sense of purpose and end the day with a sense of accomplishment.
    [Show full text]
  • Premier Mining Industry Practice
    Premier Mining Industry Practice “They go to great lengths to understand your industry, business and specific objectives . so the advice you get it is fit for purpose. It’s not cookie cutter, and as a client that is extremely valuable.” CLIENT QUOTED IN CHAMBERS UK, 2014 NATURAL RESOURCES “Sullivan is our firm of choice – they are terrific, time after time. The work is of a very high quality, and they understand our commercial intentions as well as the legal issues.” CLIENT QUOTED IN CHAMBERS USA, 2013 “The partners ‘are detail oriented, efficient and they think strategically’. ‘Their legal expertise is absolutely first rate but equally or more valuable is their general industry/business advice and suggestions on how to tackle issues.” LEGAL 500 LATIN AMERICA, 2013 Mining and Metals &C’s presence in the mining and metals sector is Sunrivaled. We continue to be the firm of choice for structurally complex, market-opening and precedent-setting deals. Our practice is not confined to working with major mining companies, and we frequently apply our expertise to benefit junior mining companies in their growth initiatives, as well as strategic and alternative investors and lenders and underwriters to the industry. We have particular expertise in challenging emerging markets. Our multi-disciplinary approach ensures that clients benefit from our industry experience in each of our core practice areas. OUR CORE Mergers & Acquisitions and Joint Ventures PRACTICE AREAS Project Development and Finance Capital Markets, Leveraged Finance & Lending Private Equity Restructuring Commodities, Futures & Derivatives Tax Sanctions and Trade Disputes and Investigations 2 The Firm’s standing in the industry is reflected in the number of major mining and metals companies and other active industry participants that it has represented, both directly and in consortia, including: Alumina Kinross Gold Corp.
    [Show full text]