TRIBUNE RESOURCES LIMITED (TBR)



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General Information
Company Name: Tribune Resources Limited
Stock Code: TBR
Website: www.tribune.com.au
GICS Sub-Industry: Gold
Market Cap ($M): 70
Equiv. Shares (M): 51

Current Price Data+
Current Price Open High Low Last Close Volume Price Movement
 $ 1.360 $ 1.360 $ 1.360 $ 1.360 $ 1.370 26,791 $ -0.010  -0.730 %

Company Overview

Business Description:
Tribune Resources Limited (TBR, formerly Tribune Resources NL) is a mineral exploration, development and production company, with projects in Western Australia and Africa. TBR’s current focus is on the exploration and development of the East Kundana JV Project in Western Australia.


Financial Summary
Year to Jun NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2012  A 11.2 20.6 63.5 9.0 0.0 0.0 --
2011  A 6.9 12.6 -32.3 14.1 0.0 0.0 --
2010  A 10.3 18.6 33.8 4.5 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) $623 M -- 0.2450 0.2095 12.6801 10.1852 8.4211 0.0000 0.0102 0.0216
Newcrest Mining (NCM) $11,252 M -0.0378 -0.4472 0.0883 10.3753 18.7676 17.2442 0.0238 0.0220 0.0238
OZ Minerals (OZL) $1,232 M -0.6077 -0.5938 1.2807 9.7479 23.9953 10.5209 0.0739 0.0256 0.0441
Regis Resources (RRL) $1,712 M 0.7775 1.2675 0.3100 23.7154 10.4590 7.9840 0.0000 0.0556 0.0813
Tribune Resources (TBR) $70 M 0.6369 -- -- 6.7121 -- -- 0.0000 -- --

Market Comparison
Earnings P/E Ratio P/B Ratio P/E Growth P/S Ratio
TBR 0.22 6.66 0.87 -- 1.23
Market 1.11 13.3 0.91 2.51 2.66
Sector 0.55 8.50 0.70 1.92 7.33

Directors
Name Position Start Date
Mr Otakar Demis Chairman,Company Secretary 29 November 1985
Mr Anthony Byron Billis Executive Director 22 January 2003
Mr Gordon Alfred Sklenka Non-Executive Director 16 August 2004

Management
Name Position
Roland Holger Berzins Company Secretary
John Andrews Manager of Kalgoorlie Operations

Substantial Shareholders
Holding Name
8,020,000 (15.95%) Sierra Gold Pty Ltd
8,454,000 (16.81%) Trans Global Capital Ltd
11,923,904 (23.72%) Rand Mining N L
4,535,966 (9.02%) J P Morgan Nominees Australia Limited

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