Strike Resources Limited (SRK)



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General Information
Company Name: Strike Resources Limited
Stock Code: SRK
Website: www.strikeresources.com.au
GICS Sub-Industry: Diversified Metals & Mining
Market Cap ($M): 7
Equiv. Shares (M): 145

Current Price Data+
Current Price Open High Low Last Close Volume Price Movement
$ 0.050 $ 0.050 $ 0.050 $ 0.050 $ 0.050 4,346 0%

Company Overview

Business Description:
Strike Resources Limited (SRK) is an Australian-listed resources company with two principal projects in the bulk commodities market. The Company’s Apurimac and Cusco Iron-Ore Projects are located in Peru. SRK also holds 100% of the rights to mine a coal concession in Indonesia, subject to a royalty to the concession owner.


Financial Summary
Year to Jun NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2013  A -9.5 -6.6 -- 0.0 0.0 0.0 --
2012  A -3.6 -2.6 -- 0.0 0.0 0.0 --
2011  A -17.5 -13.3 -- 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) $117,869 M 0.1223 -0.0613 0.2138 13.7248 14.6203 12.0454 3.50 3.75 3.89
Iluka Resources (ILU) $3,705 M -0.6600 -0.7708 4.1309 28.8556 125.8890 24.5356 1.02 1.59 2.98
Rio Tinto (RIO) $27,366 M 0.5848 -0.2631 0.0031 8.1786 11.0987 11.0647 3.42 3.61 3.89
Sims Metal Management (SGM) $2,445 M 3.0215 1.1762 0.2788 35.5021 16.3140 12.7576 0.84 2.47 3.62
Strike Resources (SRK) $8 M -- -- -- -- -- -- 0.00 -- --

Market Comparison
Earnings P/E Ratio P/B Ratio P/E Growth P/S Ratio
SRK -- -- 0.13 -- 250.0
Market 1.16 13.7 1.00 0.95 3.40
Sector 0.76 11.3 0.72 0.91 5.02

Directors
Name Position Start Date
Mr Farooq Khan Alternate Director 20 January 2014
Mr William Matthew Johnson Managing Director 14 July 2006
Professor Malcolm Ross Richmond Non-Executive Chairman 25 October 2006
Ms Samantha Tough Non-Executive Director 23 January 2012
Mr Victor Poh Hong Ho Non-Executive Director 20 January 2014
Mr Matthew Charles P Hammond Non-Executive Director 25 September 2009

Management
Name Position
David Lee Palumbo Company Secretary

Substantial Shareholders
Holding Name
12,004,590 (8.26%) Database Systems Ltd
17,178,261 (11.82%) Azhar Chaudhri and Renmuir Holdings Ltd
25,825,000 (17.77%) ABU Holding International 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)
27 October 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 www.morningstar.com.au/fsg.asp.

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