Reedy Lagoon Corporation Limited (RLC)



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General Information
Company Name: Reedy Lagoon Corporation Limited
Stock Code: RLC
Website: www.reedylagoon.com.au
GICS Sub-Industry: Diversified Metals & Mining
Market Cap ($M): 1
Equiv. Shares (M): 71

Current Price Data+
Current Price Open High Low Last Close Volume Price Movement
$ 0.015 $ 0.000 $ 0.000 $ 0.000 $ 0.015 0 0%

Company Overview

Business Description:
Reedy Lagoon Corporation Limited (RLC) is a mineral exploration company with projects in Australia. RLC holds iron ore project in Western Australia and uranium projects in the Ashburton region (Western Australia), on the Gawler Craton (South Australia) and in the Tanami (Northern Territory).


Financial Summary
Year to Jun NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2014  A -0.6 -1.1 -- 0.0 0.0 0.0 --
2013  A -0.4 -0.6 -- 0.0 0.0 0.0 --
2012  A -0.4 -0.6 -- 0.0 0.0 0.0 --
Source: Aspect actuals / Thomson IBES estimates

Peer Comparison
EPS Growth (%) P/E (%) Dividend Yield (%)
Company Mkt Cap 2012 A 2013 F 2014 F 2012 A 2013 F 2014 F 2012 A 2013 F 2014 F
BHP Billiton (BHP) $88,354 M 0.1223 -0.2311 -0.0180 10.2880 13.3797 13.6256 4.67 5.32 5.51
Iluka Resources (ILU) $2,387 M -0.6600 -0.9292 13.2765 18.5849 262.6728 18.3990 1.58 2.45 4.63
Rio Tinto (RIO) $23,261 M 0.5848 -0.2921 -0.3182 6.9518 9.8204 14.4037 4.02 4.68 4.82
Reedy Lagoon Corporation (RLC) $1 M -- -- -- -- -- -- 0.00 -- --
Sims Metal Management (SGM) $2,233 M 3.0215 1.0065 0.3243 32.4124 16.1534 12.1981 0.92 2.53 3.84

Market Comparison
Earnings P/E Ratio P/B Ratio P/E Growth P/S Ratio
RLC -- -- 18.8 -- --
Market 1.02 13.7 0.95 1.00 2.85
Sector 0.61 11.3 0.67 1.25 2.37

Directors
Name Position Start Date
Mr Geof H. Fethers Managing Director,Company Secretary 24 September 1986
Mr Jonathan Hamer Non-Executive Chairman,Non-Executive Director 09 May 2007
Mr Adrian Griffin Non-Executive Director 30 June 2014

Substantial Shareholders
Holding Name
3,850,000 (7.19%) Brett Armstrong
8,635,778 (16.13%) Pyrope Holdings Pty Ltd
8,512,741 (15.90%) SKED Pty Ltd

Calendar of Events
Date Event
28 October 2015 Report (Quarterly)
22 September 2015 Report (Annual)
30 July 2015 Report (Quarterly)
29 April 2015 Report (Quarterly)
27 January 2015 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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