Globe Metals & Mining Limited (GBE)



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General Information
Company Name: Globe Metals & Mining Limited
Stock Code: GBE
Website: www.globemetalsandmining.com.au
GICS Sub-Industry: Gold
Market Cap ($M): 25
Equiv. Shares (M): 470

Current Price Data+
Current Price Open High Low Last Close Volume Price Movement
 $ 0.053 $ 0.050 $ 0.053 $ 0.050 $ 0.045 213,235 $ 0.008  17.778 %

Company Overview

Business Description:
Globe Metals & Mining Limited (GBE) is an African-based resource company, focusing on rare metals such as niobium, tantalum and rare earths, as well as other commodities including graphite, fluorite, uranium and zircon. GBE's main focus is the multi-commodity Kanyika Niobium Project in Malawi, which will produce ferro-niobium, a key additive in sophisticated steels. Other GBE's projects are Mount Muambe Fluorite-REE, Machinga REE, Salambidwe Rare Earth and Chiziro Graphite Projects.


Financial Summary
Year to Jun NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2013  A -12.0 -5.4 -- 0.0 0.0 0.0 --
2012  A -4.8 -2.2 -- 0.0 0.0 0.0 --
2011  A -3.3 -2.7 -- 0.0 0.0 0.0 --
Source: Aspect actuals / Thomson IBES estimates

Peer Comparison
EPS Growth (%) P/E (%) Dividend Yield (%)
Company Mkt Cap 2011 A 2012 F 2013 F 2011 A 2012 F 2013 F 2011 A 2012 F 2013 F
Globe Metals & Mining (GBE) $21 M -- -- -- -- -- -- 0.00 -- --
Newcrest Mining (NCM) $7,688 M -0.0429 -0.3510 0.8373 17.7963 27.4194 14.9234 0.00 0.00 1.99
OceanaGold (OGC) $796 M -- -- -0.0875 -- 8.6871 9.5204 0.00 0.00 0.00
OZ Minerals (OZL) $1,262 M -- -- -0.6426 -- 83.5341 233.7079 4.81 4.81 3.60
Regis Resources (RRL) $850 M 0.9835 -0.5673 0.1873 5.6460 13.0468 10.9890 8.82 0.65 NaN

Market Comparison
Earnings P/E Ratio P/B Ratio P/E Growth P/S Ratio
GBE -- -- 0.27 -- --
Market 1.20 13.5 1.00 1.03 3.51
Sector 0.73 10.88 0.71 0.98 4.75

Directors
Name Position Start Date
Ms Shasha Lu Deputy Chief Executive Officer,Executive Director 09 August 2011
Mr Alistair James Stephens Managing Director 08 July 2013
Mr William (Bill) Beckwith Hayden Non-Executive Director 12 November 2009
Mr Jingbin Tian Non-Executive Director 15 April 2011
Mr Bo Tan Non-Executive Director 09 October 2013
Mr Alex Ko Non-Executive Director 10 February 2014
Ms Alice Wong Non-Executive Director,Non-Executive Chairman 11 October 2013

Management
Name Position
Kerry Angel Chief Financial Officer,Company Secretary

Substantial Shareholders
Holding Name
118,143,062 (53.60%) AO-Zhong International Mineral Resources Pty Ltd

Calendar of Events
Date Event
30 July 2015 Report (Quarterly)
16 April 2015 Report (Quarterly)
30 January 2015 Report (Quarterly)
18 December 2014 Report (Annual)
28 October 2014 Report (Quarterly)
17 October 2014 Report (Annual)
25 September 2014 Report (Annual)
© 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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