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): 15
Equiv. Shares (M): 114

Current Price Data+
Current Price Open High Low Last Close Volume Price Movement
 $ 0.140 $ 0.160 $ 0.160 $ 0.140 $ 0.135 2,054,435 $ 0.005  3.704 %

Company Overview

Business Description:
Cassini Resources Limited (CZI) is an Australia resource exploration with a dual focus on nickel, copper and gold prospects in Western Australia and gold exploration projects in Nevada (USA). The Company’s priority is the Western Australian projects, located in Musgrave region. CZI is also looking to identify and assess other resource exploration projects.


Financial Summary
Year to Jun NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2014  A -5.1 -8.3 -- 0.0 0.0 0.0 --
2013  A -1.3 -3.4 -- 0.0 0.0 0.0 --
2012  A -0.8 -6.3 -- 0.0 0.0 0.0 --
Source: Aspect actuals / Thomson IBES estimates

Peer Comparison
EPS Growth (%) P/E (%) Dividend Yield (%)
Company Mkt Cap 2012 A 2013 F 2014 F 2012 A 2013 F 2014 F 2012 A 2013 F 2014 F
BHP Billiton (BHP) $102,132 M 0.1223 -0.1576 0.0962 11.8923 14.1176 12.8792 4.04 4.55 4.73
Cassini Resources (CZI) $14 M -- -- -- -- -- -- 0.00 -- --
Iluka Resources (ILU) $2,780 M -0.6600 -0.8627 7.6081 21.6498 157.7197 18.3223 1.36 1.74 2.72
Rio Tinto (RIO) $24,581 M 0.5848 -0.2956 0.0869 7.3464 10.4295 9.5960 3.80 4.25 4.55
Sims Metal Management (SGM) $2,100 M 3.0215 1.0042 0.3260 30.4813 15.2090 11.4701 0.97 2.69 4.08

Market Comparison
Earnings P/E Ratio P/B Ratio P/E Growth P/S Ratio
CZI -- -- 1.39 -- --
Market 1.17 13.6 1.00 1.01 3.06
Sector 0.65 11.1 0.75 0.96 2.59

Directors
Name Position Start Date
Mr Richard Gwynn Bevan Managing Director 10 March 2011
Mr Michael (Mike) Charles Young Non-Executive Chairman 10 March 2011
Mr Philip Michael Warren Non-Executive Director 10 March 2011
Dr Jon Hronsky Non-Executive Director 03 April 2014
Mr Gregory James Miles Technical Director 18 August 2011

Management
Name Position
Steven Wood Company Secretary

Substantial Shareholders
Holding Name
3,233,000 (5.71%) Mark Titchener
3,466,667 (6.13%) Cornela Pty Ltd

Calendar of Events
Date Event
26 October 2015 Report (Quarterly)
28 September 2015 Report (Annual)
30 July 2015 Report (Quarterly)
29 April 2015 Report (Quarterly)
30 January 2015 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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