AUSNICO LIMITED (ANW)



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General Information
Company Name: Ausnico Limited
Stock Code: ANW
Website: www.ausnico.com.au
GICS Sub-Industry: Diversified Metals & Mining
Market Cap ($M): 2
Equiv. Shares (M): 401

Current Price Data+
Current Price Open High Low Last Close Volume Price Movement
$ 0.006 $ 0.007 $ 0.007 $ 0.006 $ 0.006 800,000 0%

Company Overview

Business Description:
Ausnico Limited (ANW) is an exploration company focusing on the discovery and development of nickel-cobalt mineral deposits, which was identified nickel sulphides, and copper, silver and gold potential, in South East Queensland. ANW has also added to its tenement position in Queensland, and in the Koonenberry region of NSW with tenement prospective for nickel sulphides. Currrently, ANW's flagship areas are Pembroke and Mt Cobalt prospects in Queensland.


Financial Summary
Year to Jun NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2012  A -0.9 -0.6 -- 0.0 0.0 0.0 --
2011  A -1.2 -1.1 -- 0.0 0.0 0.0 --
Source: Aspect actuals / Thomson IBES estimates

Peer Comparison
EPS Growth (%) P/E (%) Dividend Yield (%)
Company Mkt Cap A 2011 F 2012 F A 2011 F 2012 F A 2011 F 2012 F
Ausnico (ANW) $2 M -- -- -- -- -- -- 0.0000 -- --
BHP Billiton (BHP) $105,343 M -0.1359 -0.2624 0.1727 10.4144 14.1191 12.0393 0.0335 0.0341 0.0365
Iluka Resources (ILU) $4,304 M -0.2536 -0.7033 2.1588 11.3931 38.4012 12.1570 0.0340 0.0232 0.0291
Rio Tinto (RIO) $23,378 M -0.3874 0.0604 0.1398 11.0815 10.4503 9.1689 0.0300 0.0330 0.0366
Sims Metal Management (SGM) $1,818 M -0.6378 -0.2367 1.9358 26.4330 34.6304 11.7959 0.0225 0.0122 0.0414

Market Comparison
Earnings P/E Ratio P/B Ratio P/E Growth P/S Ratio
ANW -- -- 0.15 -- --
Market 0.94 12.3 0.82 1.92 2.44
Sector 0.54 8.13 0.59 2.07 5.83

Directors
Name Position Start Date
Mr Brian Moller Non-Executive Chairman   
Mr Nicholas Mather Non-Executive Director   
Mr Benjamin Harrison Non-Executive Director 16 November 2010
Mr John Bovard Non-Executive Director 18 January 2013
Mr Richard Willson Non-Executive Director 18 January 2013

Management
Name Position
Priy Jayasuriya Chief Financial Officer
Karl Schlobohm Company Secretary
John Roiko Exploration Manager

Substantial Shareholders
Holding Name
59,776,500 (41.23%) DGR Global Limited

Calendar of Events
Date Event
29 April 2014 Report (Quarterly)
30 January 2014 Report (Quarterly)
29 October 2013 Report (Quarterly)
24 October 2013 Report (Annual)
29 July 2013 Report (Quarterly)
© 2011 Morningstar, Inc. All rights reserved. The data and content contained herein are not guaranteed to be accurate, complete or timely. Neither Morningstar, nor its affiliates nor their content providers will have any liability for use or distribution of any of this information. To the extent that any of the content above constitutes advice, it is general advice that has been prepared by Morningstar Australasia Pty Ltd ABN: 95 090 665 544, AFSL: 240892 (a subsidiary of Morningstar, Inc.), without reference to your objectives, financial situation or needs. Before acting on any advice, you should consider the appropriateness of the advice and we recommend you obtain financial, legal and taxation advice before making any financial investment decision. If applicable investors should obtain the relevant product disclosure statement and consider it before making any decision to invest. Some material is copyright and published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO"). DISCLOSURE: Employees may have an interest in the securities discussed in this report. Please refer to our Financial Services Guide (FSG) for more information at www.morningstar.com.au/fsg.asp.

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