KINGSTON RESOURCES LIMITED (KSN)



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General Information
Company Name: Kingston Resources Limited
Stock Code: KSN
Website: www.nuworldsolutions.com.au
GICS Sub-Industry: Diversified Metals & Mining
Market Cap ($M): 2
Equiv. Shares (M): 29

Current Price Data+
Current Price Open High Low Last Close Volume Price Movement
$ 0.080 $ 0.080 $ 0.080 $ 0.080 $ 0.080 56,764 0%

Company Overview

Business Description:
Kingston Resources Limited (KSN, formerly NuWorld Solutions Limited) is a mining company which owns a portfolio of prospective gold and copper projects in the Olympic Arc of Gawler Craton of South Australia through the acquisition of Fleurieu Mines NL. The two main projects are Cultana and Myall Creek Projects.


Financial Summary
Year to Jun NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2012  A -1.1 0.0 -- 0.0 0.0 0.0 --
2011  A -1.0 0.0 -- 0.0 0.0 0.0 --
2010  A -1.5 -0.1 -- 0.0 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) $110,514 M -0.1359 -0.2135 0.2031 10.9255 13.8912 11.5462 0.0319 0.0337 0.0372
Iluka Resources (ILU) $4,426 M -0.2536 -0.6358 1.2100 11.7145 32.1668 14.5552 0.0331 0.0132 0.0319
Kingston Resources (KSN) $2 M -- -- -- -- -- -- 0.0000 -- --
Rio Tinto (RIO) $24,093 M -0.3874 0.0915 0.2007 11.4203 10.4625 8.7138 0.0291 0.0335 0.0371
Sims Metal Management (SGM) $2,021 M -0.6378 -0.2453 1.9587 29.3733 38.9217 13.1551 0.0202 0.0107 0.0368

Market Comparison
Earnings P/E Ratio P/B Ratio P/E Growth P/S Ratio
KSN -- -- 800.0 -- --
Market 1.11 13.3 0.91 2.51 2.66
Sector 0.55 8.50 0.70 1.92 7.33

Directors
Name Position Start Date
Mr Matthew J Whyte Company Secretary,Non-Executive Director 05 September 2011
Dr Kevin Charles Moriarty Executive Chairman 20 July 2012
Mr Yafeng Cai Non-Executive Director 07 December 2012
Mr Jonathan Adam Davies Non-Executive Director 07 December 2012
Mr Michael Safrata Non-Executive Director 05 September 2011

Management
Name Position
Mathew Whyte Company Secretary

Substantial Shareholders
Holding Name
424,577,106 (9.14%) Intercorp Pty Ltd
606,000,000 (13.05%) Moriarty, Kevin Charles

Calendar of Events
Date Event
25 April 2014 Report (Quarterly)
27 February 2014 Report (Interim)
30 October 2013 Report (Quarterly)
24 September 2013 Report (Annual)
30 August 2013 Report (Prelim)
© 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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