Ritz Carlton Hotel, Singapore 25 October 2011 A unique opportunity to hear the latest business strategies and outlooks from a selection of emerging market leaders in the small and mid cap segment of the Australian market. ASX Small to Mid Caps Supported by
59
Embed
Ritz Carlton Hotel, Singapore - ASX · 2011-10-18 · Ritz Carlton Hotel, Singapore 25 October 2011 A unique opportunity to hear the latest business strategies and outlooks from a
This document is posted to help you gain knowledge. Please leave a comment to let me know what you think about it! Share it to your friends and learn new things together.
Transcript
Ritz Carlton Hotel, Singapore25 October 2011A unique opportunity to hear the latest business strategies and outlooks from a selection of
emerging market leaders in the small and mid cap segment of the Australian market.
ASX Small to Mid Caps
Supported by
ASX 42186 Small to Mid Caps Singapore cover.indd 1 30/09/11 11:31 PM
Welcome
Welcome to ‘ASX Small to Mid Caps’, an event that showcases some of Australia’s leading small and
mid cap companies and at the same time provides a valuable snapshot of the significant investment
opportunities in the Australian Equity Market.
The ASX Small to Mid Caps conference is a global series hosted in Singapore, Hong Kong, London
and New York every year. This event is the fourteenth in the series and the third of its kind in Singapore.
ASX Small to Mid Caps is a result of co-operation between the Australian Securities Exchange,
the supporting brokers and investment banks, and a select group of listed companies. It continues
to attract strong support from the broking and investment community in Singapore demonstrating
confidence in the considerable investment fundamentals of the Australian market.
The companies involved in the event, with capitalisations generally below A$1 billion, represent an
important segment of the Australian market that does not always get the international exposure it
deserves. Importantly, from the Singapore investor perspective, the event is an opportunity to meet a
broad representation of companies from a variety of sectors at one single venue.
During the course of the day, it will become clear that investment in the Australian Equity Market
provides excellent exposure to the ongoing and projected growth of emerging economies in the
Asia-Pacific region – exposure which is importantly provided within a stable and reputable market
environment.
We would like to welcome you to today’s event and thank you, our event supporters and participating
ASX listed companies, for helping to make it such a great success.
We look forward to seeing you again in 2012.
Richard Murphy Will Wilson
General Manager, Equity Markets General Manager, Sales and Marketing
Australian Securities Exchange Australian Securities Exchange
ASX 42186 Small to Mid Caps Singapore cover.indd 2 30/09/11 11:31 PM
Total CID 102.9 54.1 61.8 3.58 4.29 0.018 0.014 12.4
ClassificationCID Mineral Resources by Classification
LOI = Loss on ignition at 1000°C
Calcined Fe (CaFe) = Fe% / (100 - LOI%) *100
The CID Mineral Resource is reported using a 45% Fe cut – off grade.
The DSO Mineral Resources is reported using cut-off grades between 53 and 56% Fe. The cut-off grades were selected to achieve a 57% Fe specification grade.
JORC Statement
The information that relates to the Mineral Resource Estimate at Outcamp, Warrigal, and Coongan has been compiled by Mr Richard Gaze who is a Member and Chartered Professional of the Australasian Institute of Mining and Metallurgy and an employee of Golder Associates, and Mr Mike Young who is a Member of the Australian Institute of Geoscientists and an employee of BC Iron. The resources were first reported on the ASX on 2 April 2009. The Outcamp resource estimate has been depleted by BC Iron to account for mining which commenced in November 2010. Both Mr Young and Mr Gaze have sufficient experience that is relevant to the style of mineralisation and type of deposit under consideration and to the activity that they are undertaking to qualify as a Competent Persons as defined in the 2004 Edition of the ‘Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves’. Mr Gaze and Mr Young consent to the inclusion in their names in the matters based on their information in the form and context in which it appears.
The information that relates to the Mineral Resource Estimate at Bonnie East, Dandy and Shaw River has been compiled by Mr Gregory Hudson who is a Member of the Australian Institute of Geoscientists and an employee of BC Iron, and Mr Mike Young who is a Member of the Australian Institute of Geoscientists and an employee of BC Iron. The Bonnie East resources were first reported on the ASX on 2 April 2009, the Shaw River resources were first reported on the ASX on 30 July 2010, and the Dandy resources were first reported on the ASX on 20 September 2011. Both Mr Young and Mr Hudson have sufficient experience that is relevant to the style of mineralisation and type of deposit under consideration and to the activity that they are undertaking to qualify as a Competent Persons as defined in the 2004 Edition of the ‘Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves’. Mr Hudson and Mr Young consent to the inclusion of their names in the matters based on their information in the form and context in which it appears.
The information that relates to the Ore Reserve has been compiled by Mr Blair Duncan who is an employee of the Company and a Member of the Australasian Institute of Mining and Metallurgy. Mr Duncan has sufficient experience that is relevant to the style of mineralisation and type of deposit under consideration and to the activity that he is undertaking to qualify as a Competent Person as defined in the 2004 Edition of the ‘Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves’. Mr Duncan consents to the inclusion of his name in the matters based on his information in the form and context in which it appears.
COMPETENT PERSONThe information in this release that relates to exploration results, mineral resources or ore reserves is based on information compiled by Dr Richard Stewart, who has a doctorate in geology and who is a professional natural scientist registered with the South African Council for Natural Scientific Professions (SACNASP), membership number 400051/04. Dr Stewart is also a member of the Geological Society of South Africa (GSSA) and Senior Vice President: Business Development for Gold One, with which he is a full‐time employee. He has 10 years’ experience which is relevant to the style of mineralisation and type of deposit under consideration, and to the activity which he is undertaking, to qualify as a Competent Person for the purposes of both the 2004 Edition of the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves (JORC Code) and the 2007 Edition of the South African Code for Reporting of Exploration Results, Mineral Resources and Mineral Reserves (SAMREC Code). Dr Stewart consents to the inclusion in this release of the matters based on information compiled by Gold One employees and it’s consultants in the form and context in which they appear. Further information on Gold One’s resource statement is available in the pre‐listing statement of Gold One International Limited issued on 19 December 2008 and in the resource statements released by Gold One on the ASX Announcements Platform and the Stock Exchange News Service (SENS) on 11 October 2010 (Megamine), 7 December 2010 (Ventersburg), and 15 December 2010 (Modder East).
SAMREC AND JORC TERMINOLOGY In addition, this release uses the terms ‘indicated resources’ and ‘inferred resources’ as defined in accordance with the SAMREC Code, prepared by the South African Mineral Resource Committee (SAMREC), under the auspices of the South African Institute of Mining and Metallurgy (SAIMM), effective March 2000 or as amended from time to time and where indicated in accordance with the Canadian National Instrument 43‐101 – Standards for Disclosure for Mineral Projects. The terms ‘indicated resources’ and ‘inferred resources’ are also defined in the 2004 Edition of the JORC Code, prepared by the Joint Ore Reserves Committee (JORC) of the Australasian Institute of Mining and Metallurgy (AusIMM), the Australian Institute of Geoscientists (AIG) and the Minerals Council of Australia (MCA). [The use of these terms in this release is consistent with the definitions of both the SAMREC Code and the JORC Code.] A mineral reserve (or ‘ore reserve’ in the JORC Code) is the economically mineable part of a measured or indicated resource demonstrated by at least a preliminary feasibility study. This study must include adequate information on mining, processing, metallurgical, economic and other relevant factors that demonstrate at the time of reporting that economic extraction can be justified. A mineral reserve includes diluting materials and allows for losses that may occur when the material is mined. A proven mineral reserve (or ‘proved ore reserve’ in the JORC Code) is the economically mineable part of a measured resource for which quantity, grade or quality, densities, shape and physical characteristics are so well established that they can be estimated with confidence sufficient to allow the appropriate application of technical and economic parameters to support production planning and evaluation of the economic viability of the deposit. A probable mineral reserve (or ‘probable ore reserve’ in the JORC Code) is the economically mineable part of an indicated mineral resource for which quantity, grade or quality, densities, shape and physical characteristics can be estimated with a level of confidence sufficient to allow the appropriate application of technical and economic parameters to support mine planning and evaluation of the economic viability of the deposit. A mineral resource is a concentration or occurrence of natural, solid, inorganic or fossilised organic material in or on the earth’s crust in such form and quantity and of such a grade or quality that it has reasonable prospects for economic extraction. The location, quantity, grade, geological characteristics and continuity of a mineral resource are known, estimated or interpreted from specific geological evidence and knowledge. A measured mineral resource is that part of a mineral resource for which quantity, grade or quality, densities, shape and physical characteristics can be estimated with a level of confidence sufficient to allow the appropriate application of technical and economic parameters to support mine planning and evaluation of the economic viability of the deposit. The estimate is based on detailed and reliable exploration, sampling and testing information gathered through appropriate techniques from locations such as outcrops, trenches, pits, workings and drillholes that are spaced closely enough to confirm both geological and grade continuity. An indicated mineral resource is that part of a mineral resource for which quantity, grade or quality, densities, shape and physical characteristics can be estimated with a level of confidence sufficient to allow the appropriate application of technical and economic parameters to support mine planning and evaluation of the economic viability of the deposit. The estimate is based on detailed and reliable exploration and testing information gathered through appropriate techniques from locations such as outcrops, trenches, pits, workings and drillholes that are spaced closely enough for geological and grade continuity to be reasonably assumed. An inferred mineral resource is that part of a mineral resource for which quantity and grade or quality can be estimated on the basis of geological evidence and limited sampling and reasonably assumed, but not verified, geological and grade continuity. The estimate is based on limited exploration and sampling gathered through appropriate techniques from locations such as outcrops, trenches, pits, workings and drillholes. Mineral resources which are not mineral reserves do not have demonstrated economic viability. Investors are cautioned not to assume that all or any part of the mineral deposits in the measured and indicated resource categories will ever be converted into reserves. In addition, “inferred resources” have a great amount of uncertainty as to their existence and economic and legal feasibility. It cannot be assumed that all or any part of an inferred mineral resource will be ever be upgraded to a higher category. Under South African and Australian rules, estimates of inferred mineral resources may not form the basis of feasibility or pre‐feasibility studies or economic studies except under conditions noted in the SAMREC Code and the JORC Code, respectively.Investors are cautioned not to assume that all or any part of an inferred resource exists or is economically or legally mineable. Exploration data is acquired by Gold One and its consultants under strict quality assurance and quality control protocols. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.
2
Competent Person
Resources / Reserves Estimates
1
Gold One International Consolidated Mineral Resource Statement Tonnes Grade Gold content
Measured (Mt) (g/t) (Moz)Modder East 1,2 0.29 16.25 0.15
Total Inferred: 103.06 3.95 13.11Total Measured, Indicated and Inferred: 6 191.15 3.53 21.71
1 Mineral Resources are quoted inclusive of ore reserves
2 Signed-off by Minxcon, independent resource consultants to Gold One, audited by SRK3 Signed-off by Dr I.C. Lemmer and Minxcon, independent resource consultants to Gold One, audited by SRK 4 Signed-off by Dr I.C. Lemmer, independent resource consultant to Gold One, audited by SRK 5 Signed-off by Camden Geoserve, independent resource consultants to Gold One, audited by SRK6 Resources are reported in accordance with SAMREC guidelines (estimates would be identical if reported in accordance with JORC standards)
Gold One International Mineral (Ore) Reserve Statement1,2
Tonnes Grade Gold content(Mt) (g/t) (Moz)
Modder East Proved Reserves 0.24 10.90 0.08Probable Reserves 11.69 3.86 1.45Probable and Proved Reserves 11.93 4.00 1.53
1 Signed off by Turgis Consulting, independent resource consultants to Gold One, audited by SRK,
BPLZ was estimated at a cut-off of 149 cmg/t and UK9A estimated at a cut-off of 146 cmg/ton2 Reserves are reported in accordance with SAMREC guidelines (estimates would be identical if reported in accordance with JORC standards)
Competent Person/Qualified PersonThe information in this report that relates to Exploration Results, Mineral Resources or Ore Reserves is based on information compiled by Mr John Skeet material), who is a Member of the Australasian Institute of Mining and Metallurgy and Mr Trevor Leahey , who is a Member of the Australasian Institute of Mining and Metallurgy. Mr Skeet is the Chief Operations Officer of Cerro Resources NL and Mr Trevor Leahey is a consultant to Cerro Resources NL. They have sufficient experience, which is relevant to the style of mineralisation and type of deposit under consideration and to the activity which they are undertaking to qualify as a Competent Person as defined in the 2004 edition of the “Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves” and “qualified persons” as this term is defined in Canadian National Instrument 43-101 (“NI 43-101”). Mr Skeet and Mr Leahey consent to the inclusion in the report of the matters based on their information in the form and context in which it appears.
Forward-Looking InformationThis news release contains “forward-looking information” under Canadian securities law, including all statements that address future plans, activities, events or developments that the Company believes, expects or anticipates will or may occur. Forward looking information is based upon assumptions by management that are subject to known and unknown risks and uncertainties beyond the Company’s control, including risks related to mining exploration and the availability of financing for companies such as the Company. There can be no assurance that outcomes anticipated in the forward looking information will occur, and actual results may differ materially for a variety of reasons. Accordingly, readers should not place undue reliance on forward-looking information. The Company undertakes no obligation to update publicly or otherwise revise any forward-looking information, except as may be required by law. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Table 1: Mollacas project - Mineral Resource as at November 2007Resource Tonnes Copper (%)
Indicated 7,213,000 0.56
Inferred 9,829,000 0.52 Note: Reported at a cut-off of 0.20% copper. Rounding may result in minor discrepancies.
Table 2: Los Calatos project - Mineral Resource as at August 2010Resource Tonnes Copper (%) Molybdenum (ppm)
Indicated 111,310,000 0.39 380
Inferred 815,398,000 0.37 260 Note: Reported at a cut-off of 0.20% copper. Rounding may result in minor discrepancies.
Table 3: Vallecillo project - Mineral Resource as at July 2009Resource Tonnes Gold (ppm) Silver (ppm) Zinc (%) Cu (%) Lead (%)
Indicated 7,889,700 1.14 11.39 1.32 0.05 0.29
Inferred 2,211,000 0.78 8.16 0.58 0.03 0.26 Note: Reported at a cut-off of 0.3g/t gold. Rounding may result in minor discrepancies.
Competent Persons StatementThe information included here is based on information compiled by Colin Sinclair, BSc, MSc, who is a Member of the Australasian Institute of Mining and Metallurgy and is a full-time employee of the Company as General Manager Exploration. Colin Sinclair has sufficient experience (over 30 years) which is relevant to the style of mineralisation, type of deposit under consideration, and to the activity which he is undertaking to qualify as a Competent Person as defined in the 2004 Edition of the ‘Australasian Code for Reporting of Exploration Results’. Mr Sinclair, as Competent Person for this announcement, has consented to the inclusion of this information in the form and context in which it appears herein.
Competent Persons Statement: The information in this table that relates to exploration results and mineral resources for Deep Creek is based on information compiled by Neil Fraser who is a full time employee of Golder Associates Pty Ltd and is a member of the Australasian Institute of Mining and Metallurgy. Mr Fraser has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity which he is undertaking to qualify as a Competent Person as defined in the 2004 Edition of the ‘Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves’. Mr Fraser consents to the inclusion in the ASX release of the matters based on his information in the form and context in which it appears above. The information in this table that relates to exploration results and mineral resources other than Deep Creek and Whareatea West is based on information compiled by Dr James Pope, of CRL Energy of Christchurch New Zealand who is a consultant to the company through CRL Energy and is a member of the Australasian Institute of Mining and Metallurgy. Dr Pope has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity which he is undertaking to qualify as a Competent Person as defined in the 2004 Edition of the ‘Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves’. Dr Pope consents to the inclusion in the ASX release of the matters based on his information in the form and context in which it appears above. The information in this table that relates to Coal Resources for Whareatea West (EP 40591) is based on information complied by Mr Ian Poppitt of Lindsee Holdings Pty Ltd, who is a member of the Australasian Institute of Mining and Metallurgy. Mr Poppitt has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity which he has undertaken to qualify as a Competent Person as defined in the JORC Code. Mr Poppitt consents to the inclusion in this presentation of the matters based on the information in the form and context in which it appears.Statement of Exploration Potential: The estimate of exploration potential was calculated by Bathurst using the results from historical mining and exploration as well as recent drilling undertaken by L&M Coal. The potential quantity and quality is conceptual in nature & there has been insufficient exploration to define a mineral resource and it is uncertain if further exploration will result in determination of a mineral resource.The information that relates to Coal Resources for Whareatea West (EP 40591) is based on information complied by Mr Ian Poppitt of Lindsee Holdings Pty Ltd, who is a member of the Australasian Institute of Mining and Metallurgy. Mr Poppitt has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity which he has undertaken to qualify as a Competent Person as defined in the JORC Code. Mr Poppitt consents to the inclusion in this presentation of the matters based on the information in the form and context in which it appears.
STATUS PROSPECT RESOURCE(MT)
TOTAL (MT)
MEASURED ESCARPMENT 3.8 DEEP CREEK 6.2 WHAREATEA WEST(3) 18.0 28.0
INDICATED ESCARPMENT 1.6 NORTH BULLER 4.8 BLACKBURN 10.8 DEEP CREEK 3.1 MILLERTON NORTH 4.3 WHAREATEA WEST(3) 7.7 32.3
INFERRED ESCARPMENT 1.9 NORTH BULLER 9.0 DEEP CREEK 1.6 12.5
Intellectual property/products/product development programsAustalhasdevelopedextensivepatentprotectedIntellectualPropertyinnearly25yearsofoperation,withparticularfocusonhighspeedaluminiumvessels.Austal’sdedicatedResearchandDevelopmentDepartmentconsistentlyworktodevelopandenhanceAustal’sinnovativeproductrange,withaprimeexampleofthisbeingAustal’strimaranhullform–theresultofextensiveresearchanddevelopmentwhichhascombinedtoproducethreegenerationsoftrimaranvessels–thefirstbeingthecommercialferry“BenchijiguaExpress”,followedbythe“USSIndependence”–oneofaseriesofLittoralCombatShipsdevelopedfortheUSNavy,andmostrecently,the102mvehicle-passengerferryknownasAustal’sNextGenerationtrimaran.
bby.com.auBBY Research Special Conference Edition available to all delegates
Proud Sponsor of the ASX Small to Mid-Cap Conference
BBY is pleased to be a Co-Sponsor of the ASX Small to Mid-Cap Conferences being held in Singapore and Hong Kong. Our sponsorship is part of our ongoing commitment to the region and promoting the investment opportunities Australian companies present to Asian investors.
BBY has strong connections to the Asia-Pacific region via our international partner CIMB Investment Banking, part of the CIMB Group.
Special Conference Give-AwayBBY Research’s ‘Special Conference Edition’ is again available in 2011 with the edition summarising the latest BBY Research into those companies presenting.
The copies are available only from BBY at the event.
BBY Awarded “9th Overall” Best Investment Bank, 2011BBY has received the “9th Overall” Best Investment Bank in the 2011 survey from East Coles, the leading financial research firm in the equities, investment banking and corporate performance markets in Australia.
Our 9th position was made up of a 10th ranking in mergers and acquisitions, a 7th position in equity capital markets and from the 262 investment bankers included in the East Coles Survey, two of our team were in the top 20 bankers in Australia.
BBY is very proud of this achievement and it confirms to all of us at BBY that Australian companies and investors can be well served by a truly independent local firm with specialist skills, a commitment to the Australian market and employing some of the very best talent available.
Stewart Palmer Head of International Sales & Trading Email: [email protected] Phone: 0407 996 578
THREE IMPORTANT REASONS WHY BELL POTTER IS THE NAME YOU NEED FOR YOUR AUSTRALIAN STOCKBROKING NEEDS ...
We are one of Australia’s largest full service stockbrokers with a strong track record of offering high quality, professional advice to retail and institutional clients.
We have access to a wide range of institutional research covering stocks in Australia and New Zealand.
Bell Potter offers advice to the institutional market with a focus on precise execution, accurate settlement and truly personalised service.
Patersons Securities is one of the leading stockbroking and financial services firms in Australia and is proud to support ASX Small to Mid Cap investor events. Having built an Australia wide advisory network capable of providing a wide range of finance solutions, the Australian Stockbrokers track record speaks for itself. Patersons has ranked #1 by number of equity issues in Australia every year since 2003* raising in excess of $7.2 billion of new capital in over 870 new issues.
Our corporate finance team has often been early supporters of what have become substantial resources companies not only in Australia but in Africa and Asia.
Patersons can deliver large amounts of capital, particularly in the resources sector and provides advisory services to a wide and varied range of clients. Supported by a strong institutional dealing arm, award-winning equities research teams, and an expanding funds and asset management division, Patersons is committed to providing quality financial services and solutions to our clients.
Patersons Securities Limited ABN 69 008 896 311 AFSL No. 239 052 Participant of ASX Group; Stockbrokers Association of Australia; Financial Planning Association Principal Member
*Source: Thomson Reuters
The smart money knows that some things are best kept to oneself. Perhaps that’s why you might not know about the broker that’s quietly become one of Australia’s leading financial service firms. Patersons Securities.
The Australian broker that’s been Australia’s most active in new capital raisings since 2007. The Australian broker that’s raised in excess of $6.6 billion in over 760 new issues over the past decade.
To participate in Patersons new deal flow you will have net assets of at least $2.5 Million or gross income of $250,000 or more per annum.
www.psl.com.au T H E AU ST R AL I A N STO C KB RO KE R
Never heard of the most active broker in Australia?The smart money likes it that way
For more information regarding Patersons Securities and our Corporate Finance and Institutional Dealing capabilities please call +61 8 9263 1111 or email [email protected].