CASSINI RESOURCES LIMITED (CZI)



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General Information
Company Name: Cassini Resources Limited
Stock Code: CZI
Website: www.cassiniresources.com.au
GICS Sub-Industry: Diversified Metals & Mining
Market Cap ($M): 6
Equiv. Shares (M): 38

Current Price Data+
Current Price Open High Low Last Close Volume Price Movement
$ 0.160 $ 0.160 $ 0.160 $ 0.160 $ 0.160 16,106 0%

Company Overview

Business Description:
Cassini Resources Limited (CZI) is the mining company focusing on exploration for gold, nickel, copper, the platinum group of elements and base metals. CZI's tenement portfolio includes two Exploration Licences and twelve Exploration Licence Applications, covering approx. 3,000km2, located in WA. Cassini added three gold exploration projects in Nevada, USA, via JV agreements with Renaissance Gold.


Financial Summary
Year to Jun NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2012  A -0.8 -6.3 -- 0.0 0.0 0.0 --
2011  A 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
BHP Billiton (BHP) $108,427 M -0.1359 -0.2169 0.2281 10.7192 13.6874 11.1456 0.0326 0.0355 0.0379
Cassini Resources (CZI) $6 M -- -- -- -- -- -- 0.0000 -- --
Iluka Resources (ILU) $4,526 M -0.2536 -0.6688 1.4331 11.9805 36.1780 14.8693 0.0324 0.0129 0.0313
Rio Tinto (RIO) $23,827 M -0.3874 0.1601 0.2231 11.2943 9.7359 7.9598 0.0294 0.0344 0.0389
Sims Metal Management (SGM) $1,996 M -0.6378 -0.2450 1.9611 29.0169 38.4343 12.9799 0.0205 0.0108 0.0373

Market Comparison
Earnings P/E Ratio P/B Ratio P/E Growth P/S Ratio
CZI -- -- 1.16 -- --
Market 1.13 13.2 0.92 2.50 2.58
Sector 0.56 8.96 0.71 1.83 6.67

Directors
Name Position Start Date
Mr David Johnson Executive Director 29 May 2012
Mr Richard Gwynn Bevan Managing Director 10 March 2011
Mr Michael (Mike) Charles Young Non-Executive Chairman 10 March 2011
Mr Gregory James Miles Non-Executive Director 18 August 2011
Mr Philip Michael Warren Non-Executive Director 10 March 2011

Management
Name Position
Steven Wood Company Secretary

Substantial Shareholders
Holding Name
2,316,667 (6.70%) Cornela Pty Ltd
1,936,668 (5.61%) Mark Titchener
2,001,667 (5.79%) Richard Gwynn Bevan
1,750,000 (5.07%) Freelight Nominees Pty Ltd

Calendar of Events
Date Event
29 April 2014 Report (Quarterly)
30 January 2014 Report (Quarterly)
31 October 2013 Report (Quarterly)
27 September 2013 Report (Annual)
30 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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