CLEVELAND MINING COMPANY LIMITED (CDG)



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General Information
Company Name: Cleveland Mining Company Limited
Stock Code: CDG
Website: www.clevelandmining.com.au
GICS Sub-Industry: Diversified Metals & Mining
Market Cap ($M): 45
Equiv. Shares (M): 203

Current Price Data+
Current Price Open High Low Last Close Volume Price Movement
 $ 0.220 $ 0.225 $ 0.230 $ 0.220 $ 0.225 449,149 $ -0.005  -2.222 %

Company Overview

Business Description:
Cleveland Mining Company Limited (CDG, formerly Western Kingfish Limited) is an Australian-managed minerals company focused on developing projects into mines. CDG's tenement portfolio includes gold-prospective targets in the central Brazilian state of Goias, gold/copper-prospective projects in Region IV of Chile, and iron ore projects in the Brazilian state of Amapa.


Financial Summary
Year to Jun NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2012  A -4.6 -3.1 -- 0.0 0.0 0.0 --
2011  A -2.9 -2.7 -102.4 0.0 0.0 0.0 --
2010  A 1.2 111.4 -- -- 0.0 0.0 --
Source: Aspect actuals / Thomson IBES estimates

Peer Comparison
EPS Growth (%) P/E (%) Dividend Yield (%)
Company Mkt Cap 2010 A 2011 F 2012 F 2010 A 2011 F 2012 F 2010 A 2011 F 2012 F
BHP Billiton (BHP) $111,735 M -0.1359 -0.2135 0.2031 11.0462 14.0446 11.6737 0.0316 0.0333 0.0368
Cleveland Mining Company (CDG) $46 M -- -- -- -- -- -- 0.0000 -- --
Iluka Resources (ILU) $4,530 M -0.2536 -0.6358 1.2100 11.9916 32.9276 14.8995 0.0323 0.0129 0.0312
Rio Tinto (RIO) $24,150 M -0.3874 0.0915 0.2007 11.4471 10.4871 8.7343 0.0290 0.0334 0.0370
Sims Metal Management (SGM) $2,033 M -0.6378 -0.2456 1.9594 29.5515 39.1732 13.2367 0.0201 0.0106 0.0366

Market Comparison
Earnings P/E Ratio P/B Ratio P/E Growth P/S Ratio
CDG -- -- 2.61 -- --
Market 1.08 13.3 0.91 2.59 2.57
Sector 0.59 9.02 0.70 2.13 7.50

Directors
Name Position Start Date
Mr Aaron Finlay Finance Director,Company Secretary 16 June 2010
Mr David Mendelawitz Managing Director 16 June 2010
Mr Donald C Bailey Non-Executive Chairman 10 September 2010
Mr Russell John Scrimshaw Non-Executive Director 06 July 2011
Mr Jim Williams Non-Executive Director 16 June 2010

Management
Name Position
Andrel Santos Brazilian Commercial Manager
Peter Fisher Chief Executive Officer
Aaron Tomsett Geology Manager
Bruce Morrin Head of Mining

Substantial Shareholders
Holding Name
37,448,015 (21.30%) S L Mendelawitz
8,790,833 (5.00%) BC Iron (SA) Pty Ltd

Calendar of Events
Date Event
29 April 2014 Report (Quarterly)
30 January 2014 Report (Quarterly)
30 October 2013 Report (Quarterly)
14 October 2013 Report (Annual)
13 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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