POTASH MINERALS LIMITED (POK)



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General Information
Company Name: Potash Minerals Limited
Stock Code: POK
Website: www.potashminerals.com.au
GICS Sub-Industry: Gold
Market Cap ($M): 23
Equiv. Shares (M): 79

Current Price Data+
Current Price Open High Low Last Close Volume Price Movement
 $ 0.295 $ 0.320 $ 0.320 $ 0.290 $ 0.300 69,613 $ -0.005  -1.667 %

Company Overview

Business Description:
Potash Minerals Limited (POK, formerly Transit Holdings Ltd) is a mineral exploration company focusing on potash exploration in Utah, USA. POK holds major interests in potash projects in the Paradox basin of Utah as well as minor interests in iron ore and gold projects in Western Australia.


Financial Summary
Year to Jun NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2012  A -6.0 -8.7 -328.9 0.0 0.0 0.0 --
2011  A 1.9 3.8 -- 8.9 0.0 0.0 --
2010  A -2.3 -5.9 -- 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
Evolution Mining (EVN) $591 M -- 0.2435 0.2132 12.0317 9.6756 7.9752 0.0000 0.0108 0.0228
Newcrest Mining (NCM) $11,958 M -0.0378 -0.4473 0.0886 11.0255 19.9488 18.3249 0.0224 0.0207 0.0224
OZ Minerals (OZL) $1,308 M -0.6077 -0.7395 2.7051 10.3481 39.7235 10.7214 0.0696 0.0172 0.0374
Potash Minerals (POK) $24 M -- -- -- -- -- -- 0.0000 -- --
Regis Resources (RRL) $1,826 M 0.7775 1.2655 0.3111 25.2964 11.1660 8.5163 0.0000 0.0521 0.0761

Market Comparison
Earnings P/E Ratio P/B Ratio P/E Growth P/S Ratio
POK -- -- 1.11 -- --
Market 1.10 12.9 0.91 2.56 2.61
Sector 0.57 8.89 0.70 2.13 7.50

Directors
Name Position Start Date
Mr Ananda Kathiravelu Chairman 10 August 2006
Mr Ben Binninger Chief Executive Officer,Non-Executive Director 19 October 2011
Mr Morgan James Barron Company Secretary   
Mr Richard Monti Non-Executive Director 11 December 2006
Mr Brian David Thomas Non-Executive Director 09 June 2010
Sean Murray Non-Executive Director 19 April 2011

Management
Name Position
Phillip Wingate Joint Company Secretary

Calendar of Events
Date Event
29 April 2014 Report (Quarterly)
29 January 2014 Report (Quarterly)
30 October 2013 Report (Quarterly)
27 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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