kangaroo resources ltd (KME:Frankfurt)
kangaroo resources ltd (KME) Snapshot
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05/18/12 - €0.09
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52 Week Low
02/5/13 - €0.0070
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Kangaroo Resources Limited operates as mineral exploration company. The company has coal, iron ore, gold, and base metal exploration assets. It holds interest in the Pakar, a thermal coal project; the Mamahak, a coking coal and thermal coal project; and the GPK, a thermal coal project in Indonesia, as well as the Mt Ruby, a magnetite/hematite resource project in Australia. The company was formerly known as Kangaroo Metals Limited and changed its name to Kangaroo Resources Limited in August 2009. Kangaroo Resources Limited is based in Subiaco, Australia. Kangaroo Resources Limited is a subsidiary of PT Bayan Resources Tbk.
kangaroo resources ltd (KME) Top Compensated Officers
kangaroo resources ltd (KME) Key Developments
Kangaroo Resources Limited has appointed to its board of directors, Mr. Ian Ogilvie, Mr. Graham Anderson, and Mr. Leonard Math effective from May 1, 2013. Mr. Michael Loh and Miss Amy Pascoe will also be the replacement company secretaries for the company moving forward. Ian has a Civil & Mining Engineering background with over 30 years continuous mining industry experience having worked in the UK, USA, Indonesia and Australia as a mining contractor, coal producer and also as a supply chain manager. The company advised that Mr. Mark O'Keefe, Mr. Peter Richards and Mr. Darcy Wentworth have each given notice of their intention to resign as a director effective from May 1, 2013. Mr. Math has previously acted as a director of Globe Securities Ltd.
Kangaroo Resources Limited reported production results for the month of September 2012. The company announced that its 99% owned Mamahak Coal Mine in East Kalimantan, Indonesia has delivered another record monthly production performance with 51,123 metric tonnes of coal produced, based on final survey, during September a 70% increase over the August production figure (31,245 metric tonnes trip count; 29,923 metric tonnes final survey). By comparison, total coal production from Mamahak for the entire June 2012 quarter was 27,008 metric tonnes. At the end of September, 152,000 tonnes of coal had been stockpiled at Mamahak, with preliminary barging having commenced during September. A total of approximately 5,200 tonnes of coal was transported to Bayan Resources' Balikpapan Coal Terminal during the month. Full-scale barging operations are expected to commence once draft river levels at the Mamahak port facility allow sustained barge traffic movement. Approximately 80% of the current inventory is a high calorific value coal of 6,900 Kcal/kg (GAR), 10% ash and 1.4% sulphur, and will be marketed as a low ash, high suplhur thermal coal, whilst the remaining 20% is a moderate calorific value coal of 6,100 Kcal/kg GAR with 22% ash and 1.8% sulphur and will be marketed as a high ash, high sulphur thermal coal product.
Kangaroo Resources Limited(ASX:KRL) dropped from S&P/ASX 300 Index
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Industry Analysis
KME
Industry Average
| Valuation | KME | Industry Range |
| Price/Earnings | NM | Not Meaningful |
| Price/Sales | 13.8x |
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| Price/Book | 0.3x |
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| Price/Cash Flow | NM | Not Meaningful |
| TEV/Sales | 9.5x |
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To contact KANGAROO RESOURCES LTD, please visit www.kangarooresources.com. Company data is provided by Capital IQ. Please use this form to report any data issues.
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