Robust Resources Limited (ROL)

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General Information
Company Name: Robust Resources Limited
Stock Code: ROL
GICS Sub-Industry: Diversified Metals & Mining
Market Cap ($M): 92
Equiv. Shares (M): 195

Current Price Data+
Current Price Open High Low Last Close Volume Price Movement
$ 0.470 $ 0.470 $ 0.470 $ 0.470 $ 0.470 373,755 0%

Company Overview

Business Description:
Robust Resources Limited (ROL) is a precious and base metal exploration and development company in Indonesia and the Philippines. Its flagship project is the Lakuwahi project located on Romang Island in Indonesia's endowed Banda Magmatic Arc, 650km NW of Darwin. The majority of the exploration has revealed gold silver with base metals.

Strategy Analysis:
ROL is focused on aggressively exploring for precious and base metals on Romang Island, Indonesia. Robust Resources announced that the Company has made substantial progress on its ongoing exploration and development program at its mineral deposits of oxide Au-Ag and polymetallic base and precious metals on Romang Island, Indonesia. The Company reported it has commenced a large drilling campaign for 2012, using all the financial, human and material assets at its disposal. Robust have now commenced a major drilling programme designed to test fresh targets, as well as follow up extensions to the known mineral deposits. This 20,000m programme will run for the duration of calendar 2012, utilising eight (building to ten) exploration diamond drill rigs in both north and south Romang Island. Initially, eleven prospective Lakuwahi targets will be explored.

Financial Summary
Year to Jun NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2013  A -6.3 -7.1 -- 0.0 0.0 0.0 --
2012  A -8.3 -9.6 -- 0.0 0.0 0.0 --
2011  A -6.5 -8.6 -- 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
BHP Billiton (BHP) $115,107 M 0.1223 -0.0527 0.2256 13.4031 14.1481 11.5438 3.58 3.88 3.97
Iluka Resources (ILU) $3,534 M -0.6600 -0.7711 4.1339 27.5187 120.2279 23.4184 1.07 1.67 3.13
Rio Tinto (RIO) $27,039 M 0.5848 -0.2585 0.0251 8.0809 10.8978 10.6308 3.46 3.65 3.94
Robust Resources (ROL) $92 M -- -- -- -- -- -- 0.00 -- --
Sims Metal Management (SGM) $2,400 M 3.0215 1.1765 0.2778 34.8485 16.0115 12.5307 0.85 2.51 3.69

Market Comparison
Earnings P/E Ratio P/B Ratio P/E Growth P/S Ratio
ROL -- -- 1.03 -- 106.8
Market 0.94 15.6 1.28 1.74 1.56
Sector 0.72 12.1 0.71 0.97 5.63

Name Position Start Date
Dr David William King Executive Chairman 29 January 2010
Mr Hugh Thomas Non-Executive Director 08 November 2013
Mr John Levings Non-Executive Director 27 July 2009

Name Position
Ian Mitchell Company Secretary

Substantial Shareholders
Holding Name
28,891,807 (28.10%) Droxford International Limited and associates
9,833,153 (9.56%) Talbot Group Investment Pty Ltd

Calendar of Events
Date Event
30 July 2015 Report (Quarterly)
29 April 2015 Report (Quarterly)
30 January 2015 Report (Quarterly)
30 October 2014 Report (Quarterly)
26 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


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