caspian oil & gas ltd (CIG:ASX)
caspian oil & gas ltd (CIG) Snapshot
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Equus Mining Limited focuses on the identification, evaluation, and development of copper and gold resource properties in Chile. The company has an option to acquire 100% interests in the group of 14 Mining Licenses covering an area of 18.05 square kilometers and is located in the Naltagua Copper District, southeast of San Antonio city. It also has interests in the Yerba Project in the Naltagua Copper system; and the Araya Project in the south-central portion of the Naltagua Copper System. The company was formerly known as Caspian Oil & Gas Limited and changed its name to Equus Mining Limited in November 2012. Equus Mining Limited is headquartered in Sydney, Australia.
caspian oil & gas ltd (CIG) Top Compensated Officers
caspian oil & gas ltd (CIG) Key Developments
Equus Mining Limited reported consolidated earnings results for the six months ended December 31, 2012. For the period, the company has reported revenue of AUD 370,754 compared to AUD 106,522 for the same period a year ago. Loss from operating activities was AUD 1,238,531 compared to AUD 376,900 for the same period a year ago. Loss from operating activities, net of income tax was AUD 1,238,531 compared to AUD 376,900 for the same period a year ago. Loss was AUD 4,141,206 or 2.02 cents per basic and diluted share compared to AUD 376,900 for or 0.28 cents per basic and diluted share the same period a year ago. Net cash used in operating activities was AUD 974,631 compared to AUD 932,108 for the same period a year ago. Payments for exploration and development expenditure were AUD 607,803 compared to AUD 1,584,399 for the same period a year ago.
Equus Mining Limited announced the resignation of Michael Sandy as Non-Executive Director of the company. Mr. Sandy has been a Non-Executive Director of the Company since September 2005. The company also announced that Mr. Robert Perring has been appointed as Director of the company. Robert Perring is a geologist with more than 30 years experience in the mineral industry and has held senior corporate and technical positions in Normandy Mining Limited and Newmont Australia. While at Newmont, his regional exploration team discovered the Moolart Well gold deposit in Western Australia (now in production).
Caspian Oil & Gas Ltd. advised that as at Wednesday 7 November 2012, its registered office and principal place of business has changed to the existing administration office at Level 2, 66 Hunter Street, Sydney NSW 200.
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Industry Analysis
CIG
Industry Average
| Valuation | CIG | Industry Range |
| Price/Earnings | NM | Not Meaningful |
| Price/Sales | 32.5x |
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| Price/Book | 1.0x |
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| Price/Cash Flow | NM | Not Meaningful |
| TEV/Sales | 36.8x |
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To contact CASPIAN OIL & GAS LTD, please visit www.equusmining.com. Company data is provided by Capital IQ. Please use this form to report any data issues.
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