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Lion Selection Group Ltd – a mining investment company. Presentation by Howard Walker - March 2003. Lion Robin Widdup Chris Melloy Howard Walker Kevin Robinson. AFL Mike Brook. The Team. The Team (previous J B Were Mining team). The Board
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Lion Selection Group Ltd – a mining investment company Presentation by Howard Walker - March 2003
Lion Robin Widdup Chris Melloy Howard Walker Kevin Robinson AFL Mike Brook The Team • The Team (previous J B Were Mining team) • The Board • Robin Widdup, Ewen Tyler, John O’Reilly & Graham Freestone
Lion Selection Group Limited 1997 Plan • Raised A$100 million • 12 to 15 Investments • $5m to $10m each • 50/50 • Australian / Overseas • Gold / Metals • Make Shareholders money 2 ways • Growth projects • Resource cycle
Selection Process • Filter • Analyse (Visit) • In-depth review (due diligence) • Recommend “Only work with people we know, like and trust.”
Lion Selection Group Limited • ASX Code : LSG • Share Price : 135¢ • Shares Invested : 100.1 m • Market Cap : $135 m • 2002 • Net Profit : $9.5 m • Dividend (Feb 03) : 3 cps • NTA : 125 cps
Australia Golden Gift Empress Cracow Westonia Africa Tanzania North Mara Buckreef Kitongo Nyakafuru Botswana Mupane 12 New Gold Mines South East Asia Philippines • Tampakan • Rapu Rapu Java • Cibaliung Lion Equity Gold : 4.5mozs (including 2.1mozs IRN)
3 Examples • East African Gold Mines • Gallery Gold • Lafayette Mining
East African Gold Mines Limited • New 210,000oz pa gold mine
East African Gold Mines Limited Gokona cross section 12830E
East African Gold Mines Limited Nyabigena North chargeability feature showing location of drill traverse
Summary • Right time in cycle for gold • Keys to investment • Growth & exploration • Seek new mines & discoveries • Lion offers multiple new mines • Portfolio approach for investors • Tax free profits and dividends