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SPITFIRE RESOURCES LIMITED (SPI)


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General Information
Company Name: Spitfire Resources Limited
Stock Code: SPI
Website: www.spitfireresources.com
GICS Sub-Industry: Precious Metals & Minerals
Market Cap ($M): 8
Equiv. Shares (M): 255

Current Price Data+
Current Price Open High Low Last Close Volume Price Movement
 $ 0.031 $ 0.033 $ 0.033 $ 0.029 $ 0.033 1,168,497 $ -0.002  -6.061 %

Company Overview

Business Description:
Spitfire Resources Limited (SPI) is a minerals exploration company with the manganese prospective projects located in Western Australia and the Northern Territory.

Financial Summary
Year to Jun NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2012  A -4.4 -2.8 -- 0.0 0.0 0.0 --
2011  A -1.2 -0.9 -- 0.0 0.0 0.0 --
2010  A -1.8 -1.7 -- 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
Flinders Mines (FMS) $89 M -- -- -- -- -- -- 0.0000 0.0000 0.0000
Mirabela Nickel (MBN) $132 M -- -- -0.1394 -- 2.8249 3.2823 0.0000 0.0000 0.0000
Orocobre (ORE) $166 M -- -- -- -- -- -- 0.0000 0.0000 0.0000
Sirius Resources (SIR) $555 M -- -- -- -- -- -- 0.0000 0.0000 0.0000
Spitfire Resources (SPI) $7 M -- -- -- -- -- -- 0.0000 -- --

Market Comparison
Earnings P/E Ratio P/B Ratio P/E Growth P/S Ratio
SPI -- -- 0.39 -- --
Market 1.13 13.2 0.92 2.50 2.58
Sector 0.56 8.96 0.71 1.83 6.67

Directors
Name Position Start Date
Mr Russell P Hardwick Company Secretary,Non-Executive Director 29 May 2007
Mr James T Hamilton Executive Chairman 29 May 2007
Mr John Mackenzie Managing Director 03 February 2011
Mr Ian David Huitson Non-Executive Director 09 February 2012

Management
Name Position
Stuart Peterson Exploration Manager

Substantial Shareholders
Holding Name
29,222,195 (18.69%) UOB Kay Hian Private Limited
8,650,000 (5.53%) Eralloys Holding AS
17,879,452 (11.44%) HSBC Custody Nominees
25,000,015 (15.99%) Planet Mining Pty Limited

Calendar of Events
Date Event
29 April 2014 Report (Quarterly)
29 January 2014 Report (Quarterly)
25 October 2013 Report (Quarterly)
08 October 2013 Report (Annual)
12 September 2013 Report (Annual)
29 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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