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LUIRI GOLD LIMITED (LGM)


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General Information
Company Name: Luiri Gold Limited
Stock Code: LGM
Website: www.luirigold.com
GICS Sub-Industry: Gold
Market Cap ($M): 3
Equiv. Shares (M): 256

Current Price Data+
Current Price Open High Low Last Close Volume Price Movement
 $ 0.021 $ 0.014 $ 0.021 $ 0.014 $ 0.013 135,500 $ 0.008  61.538 %

Company Overview

Business Description:
Luiri Gold Limited (LGM) is a gold exploration and development company that holds 2 mining licences in Zambia that cover the Dunrobin and Matala gold deposits. The current gold resource at the Matala and Dunrobin deposits to be a combined (indicated plus inferred) resource of 10.591Mt at 2.2 g/t Au, for 758,000oz Au, at a cut-off of 1.0 g/t.

Financial Summary
Year to Oct NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2012  A -6.4 -3.8 -- 0.0 0.0 0.0 --
2011  A -2.9 -2.5 -- 0.0 0.0 0.0 --
2010  A -0.8 -0.7 -- 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
Beadell Resources (BDR) $523 M -- -- 0.1940 -- 3.9583 3.3151 0.0000 0.0000 0.0477
Luiri Gold (LGM) $3 M -- -- -- -- -- -- 0.0000 -- --
Newcrest Mining (NCM) $8,547 M -0.0378 -0.4892 0.0930 7.8804 15.4261 14.1139 0.0314 0.0174 0.0224
OZ Minerals (OZL) $1,241 M -0.6077 -- -- 9.8199 -- 39.4788 0.0733 0.0108 0.0212
Regis Resources (RRL) $1,642 M 0.7775 1.2121 0.3428 22.7273 10.2740 7.6514 0.0000 0.0580 0.0850

Market Comparison
Earnings P/E Ratio P/B Ratio P/E Growth P/S Ratio
LGM -- -- 0.88 -- --
Market 0.94 12.5 0.82 1.96 2.44
Sector 0.54 8.13 0.58 2.01 6.08

Directors
Name Position Start Date
Dr Evan Kirby Chief Executive Officer,Executive Director 23 February 2011
Ms Melissa Sturgess Non-Executive Chairman 23 February 2011
Mr Robert Stanley Brown Non-Executive Director 04 November 2010
Mr Michael J Langoulant Non-Executive Director,Company Secretary 23 February 2011

Substantial Shareholders
Holding Name
12,991,334 (5.73%) JP Morgan Nominees Australia Limited <Cash Income A/C>
25,917,891 (11.43%) Zero Nominees Pty Ltd

Calendar of Events
Date Event
30 May 2014 Report (Quarterly)
27 February 2014 Report (Quarterly)
26 February 2014 Report (Annual)
02 December 2013 Report (Quarterly)
29 November 2013 Report (Quarterly)
30 August 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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