GRESHAM GROUP 150 Darren Martin July 2013 Gresham Advisory Partners [email protected] +61 8 9486 7077 +61 412 144 719 ASX RESOURCES - GRESHAM GROUP 150 After presenting the soft indicators last month, we’re only presenting hard facts for FY13 in the July edition of ‘Gresham Group 150’ , a ranking of the top 150 ASX listed resources companies (excluding oil and gas), by market capitalisation. The fortunes of the resources sector were in stark contrast to the ASX All Ordinaries for the twelve months to 30 June 2013. Whilst the ASX All Ordinaries was up 15.5% the ASX/S&P 200 Resources Index fell 9.3% (Gresham Group 150 down 13% for the year). The market value of the Gresham Group 150 constituents started the financial year at $367 billion, rose to $416 billion in January and then fell away to finish at $319 billion - down 13% for the year. In this edition we have ranked the performance of the Gresham Group 150 companies by share price and market capitalisation for the 12 month period to 30 June 2013 (only includes companies currently in the Gresham Group 150 and excludes dividends/capital returns). The star performer for the year was Sirius (+3,547%), with only 21 other companies providing positive share price appreciation and 31 companies market capitalisation appreciation during the year. Separately, we have prepared a rise and fall table comparing each company’s rank at 30 June 2013 vs 30 June 2012. Some of the movements will be driven by members of the FY13 valedictory list on page 9. FY2013 Top 10 FY2013 Top 10 - Share Price Appreciation - Market Capitalisation Appreciation Sirius 3,547.1% Base Metals Sirius 5,333.6% Base Metals Peel 323.1% Base Metals Peel 396.9% Base Metals Aeon 208.8% Base Metals Sumatra Copper & Gold 354.7% Gold Matsa 187.0% Gold Aeon 251.7% Base Metals Sumatra Copper & Gold 146.3% Gold Matsa 194.9% Gold Precious Metal 113.6% Base Metals Precious Metal 113.6% Base Metals Capral 50.0% Aluminium Hot Chili 78.4% Base Metals Endocoal 38.9% Coal Wolf Minerals 61.2% Tungsten Poseidon 30.0% Base Metals Capral 52.7% Aluminium Alumina 24.7% Aluminium Gujarat NRE 52.0% Coal We still remain open to receive applications for the position described on the back page of this report. Gresham Advisory Partners Limited Edition 29 1 GRESHAM GROUP 150 TOP 150 ASX LISTED RESOURCE COMPANIES - JUNE 2013 By Market Capitalisation Mkt Cap (A$m) % Mkt Cap (A$m) % Jun May Company 30-Jun-13 31-May-13 Change Jun May Company 30- Jun-13 31-May-13 Change 1 1 BHP Billiton Limited (ASX:BHP) $167,003.5 $185,689.6 (10.1%) 51 52 Orocobre Limited (ASX:ORE) $163.7 $179.6 (8.9%) 2 2 Rio Tinto Ltd. (ASX:RIO) $96,787.7 $101,974.5 (5.1%) 52 42 Gold One International Limited (ASX:GDO) $163.5 $255.9 (36.1%) 3 4 Fortescue Metals Group Limited (ASX:FMG) $9,465.9 $10,431.2 (9.3%) 53 48 Metals X Limited (ASX:MLX) $161.9 $206.5 (21.6%) 4 3 Newcrest Mining Limited (ASX:NCM) $7,562.7 $11,118.0 (32.0%) 54 59 Jupiter Mines Ltd. (ASX:JMS) $159.7 $148.3 7.7% 5 5 Iluka Resources Ltd. (ASX:ILU) $4,166.5 $4,687.9 (11.1%) 55 64 Blackgold International Hold. Ltd (ASX:BGG) $146.5 $128.8 13.8% 6 6 New Hope Corporation Limited (ASX:NHC) $2,965.1 $3,230.9 (8.2%) 56 60 Hot Chili Limited (ASX:HCH) $144.3 $145.7 (1.0%) 7 7 Alumina Ltd. (ASX:AWC) $2,764.1 $2,904.4 (4.8%) 57 98 Inova Resources Limited (ASX:IVA) $143.2 $72.5 97.4% 8 8 Whitehaven Coal Limited (ASX:WHC) $2,359.0 $2,338.4 0.9% 58 54 Troy Resources Limited (ASX:TRY) $140.1 $157.7 (11.2%) 9 9 Regis Resources Limited (ASX:RRL) $1,427.9 $2,005.0 (28.8%) 59 63 Galaxy Resources Limited (ASX:GXY) $134.4 $134.4 0.0% 10 11 OZ Minerals Limited (ASX:OZL) $1,242.6 $1,227.4 1.2% 60 65 Elemental Minerals Limited (ASX:ELM) $131.3 $125.5 4.6% 11 10 PanAust Limited (ASX:PNA) $1,106.9 $1,449.5 (23.6%) 61 58 Greenland Minerals and Energy Ltd (ASX:GGG) $128.7 $151.6 (15.1%) 12 14 Zimplats Holdings Ltd. (ASX:ZIM) $916.0 $914.9 0.1% 62 69 Focus Minerals Limited (ASX:FML) $127.9 $109.6 16.7% 13 13 Sandfire Resources NL (ASX:SFR) $796.9 $993.0 (19.7%) 63 51 Intrepid Mines Limited (ASX:IAU) $125.1 $180.7 (30.8%) 14 12 Lynas Corporation Limited (ASX:LYC) $735.3 $1,098.0 (33.0%) 64 67 Aditya Birla Minerals Limited (ASX:ABY) $120.6 $120.6 0.0% 15 15 Aquila Resources Limited (ASX:AQA) $733.0 $897.7 (18.3%) 65 68 Iron Ore Holdings Limited (ASX:IOH) $117.7 $112.8 4.3% 16 16 Paladin Energy Ltd (ASX:PDN) $732.5 $858.1 (14.6%) 66 57 Alkane Resources Limited (ASX:ALK) $113.7 $152.8 (25.6%) 17 20 Yancoal Australia Ltd (ASX:YAL) $715.8 $696.0 2.9% 67 62 Norton Gold Fields Limited (ASX:NGF) $112.0 $142.2 (21.2%) 18 19 Atlas Iron Limited (ASX:AGO) $677.7 $705.0 (3.9%) 68 66 Azimuth Resources Limited (ASX:AZH) $112.0 $124.9 (10.3%) 19 21 Sphere Minerals Limited (ASX:SPH) $676.6 $676.6 0.0% 69 55 Tiger Resources Ltd. (ASX:TGS) $111.3 $155.2 (28.3%) 20 23 Energy Resources of Australia Ltd. (ASX:ERA) $618.7 $610.9 1.3% 70 74 Bathurst Resources Ltd (ASX:BTU) $104.9 $101.1 3.7% 21 18 Independence Group NL (ASX:IGO) $526.3 $752.2 (30.0%) 71 80 Kingsrose Mining Limited (ASX:KRM) $103.9 $93.6 10.9% 22 27 Mount Gibson Iron Limited (ASX:MGX) $507.1 $539.8 (6.1%) 72 79 Perilya Ltd. (ASX:PEM) $92.3 $96.1 (4.0%) 23 24 Western Areas Limited (ASX:WSA) $457.0 $602.8 (24.2%) 73 76 Mincor Resources NL (ASX:MCR) $90.3 $97.9 (7.7%) 24 22 Sirius Resources NL (ASX:SIR) $418.3 $658.9 (36.5%) 74 78 Atrum Coal NL (ASX:ATU) $90.0 $97.7 (7.9%) 25 17 CuDeco Ltd. (ASX:CDU) $409.8 $753.5 (45.6%) 75 87 Amex Resources Limited (ASX:AXZ) $87.3 $79.4 10.0% 26 25 Evolution Mining Limited (ASX:EVN) $403.6 $570.0 (29.2%) 76 71 Astron Corporation Limited (ASX:ATR) $87.0 $104.1 (16.5%) 27 28 Resolute Mining Limited (ASX:RSG) $398.6 $521.5 (23.6%) 77 85 Red 5 Limited (ASX:RED) $84.0 $84.0 0.0% 28 31 BC Iron Limited (ASX:BCI) $398.2 $367.1 8.5% 78 70 Guildford Coal Limited (ASX:GUF) $82.6 $108.0 (23.5%) 29 26 Beadell Resources Ltd (ASX:BDR) $394.1 $566.3 (30.4%) 79 72 Kangaroo Resources Limited (ASX:KRL) $82.4 $103.0 (20.0%) 30 32 Indophil Resources NL (ASX:IRN) $318.8 $360.9 (11.7%) 80 82 ABM Resources NL (ASX:ABU) $78.8 $91.9 (14.3%) 31 35 Aquarius Platinum Limited (ASX:AQP) $314.6 $314.6 0.0% 81 75 Tigers Realm Coal Limited (ASX:TIG) $78.6 $99.6 (21.1%) 32 38 Syrah Resources Limited (ASX:SYR) $301.4 $297.0 1.5% 82 97 Toro Energy Limited (ASX:TOE) $77.1 $72.9 5.7% 33 30 Medusa Mining Limited (ASX:MML) $291.9 $477.9 (38.9%) 83 88 Capral Limited (ASX:CAA) $77.0 $79.0 (2.5%) 34 37 Summit Resources Limited (ASX:SMM) $276.8 $305.2 (9.3%) 84 61 Mirabela Nickel Ltd. (ASX:MBN) $75.4 $144.7 (47.9%) 35 40 OM Holdings Limited (ASX:OMH) $256.0 $258.5 (1.0%) 85 99 World Titanium Resources Ltd. (ASX:WTR) $74.6 $71.6 4.2% 36 43 Western Desert Resources Limited (ASX:WDR) $248.4 $253.8 (2.1%) 86 77 Altona Mining Limited (ASX:AOH) $71.4 $97.9 (27.0%) 37 33 Northern Star Resources Limited (ASX:NST) $248.2 $347.9 (28.7%) 87 84 Peninsula Energy Limited (ASX:PEN) $70.9 $85.6 (17.2%) 38 47 Gujarat NRE Coking Coal Limited (ASX:GNM) $233.9 $213.3 9.7% 88 101 Endocoal Limited (ASX:EOC) $70.1 $70.1 0.0% 39 41 Papillon Resources Limited (ASX:PIR) $226.2 $257.8 (12.3%) 89 83 Saracen Mineral Holdings Limited (ASX:SAR) $68.5 $86.3 (20.7%) 40 36 Silver Lake Resources Limited (ASX:SLR) $225.5 $307.0 (26.5%) 90 86 Cape Lambert Resources Limited (ASX:CFE) $68.0 $82.0 (17.1%) 41 34 ST Barbara Ltd. (ASX:SBM) $219.6 $329.5 (33.3%) 91 106 Cokal Limited (ASX:CKA) $65.8 $63.7 3.2% 42 50 Base Resources Limited (ASX:BSE) $213.5 $199.5 7.0% 92 81 Discovery Metals Ltd. (ASX:DML) $65.7 $92.5 (28.9%) 43 39 Sundance Resources Limited (ASX:SDL) $212.0 $285.7 (25.8%) 93 103 Tribune Resources Limited (ASX:TBR) $65.4 $67.3 (2.8%) 44 29 Perseus Mining Limited (ASX:PRU) $199.2 $490.0 (59.3%) 94 133 Rex Minerals Limited.