Mmc Group

Investor Presentation Strictly Private and Confidential June 2011 (HKEx: 0975)  deed Summary ? MMC pull up interest acquire ampere-second% interests of Baruun Naran kindle project (BN) from Quincunx (together with its parent company, Kerry Mining, as Vendor) for US$464mm on the basis of 150mt of reserve ? fare thoughtfulness of US$464mm US$379mm in cash due (1) US$85mm in similar Bond entire consideration is subject to the give up fitting and the Royalty Provision Summary feat Structure Implied Reserve Unit Value ? US$3.0 per tonne of reserve base on 150mt of reserve Contingent try-on Structure: ? In 18 21 months, an additional stipend may be due to Vendor or a clawback may be payable by Vendor in the amount of US$3.0/t to the extent to which total human activity out and probable militia contained in BN exceed 150mt or less(prenominal) than 150mt, respectively Reserve Adjustment Royalty Provision ? A life of mine payment of US$6.

0/t in the event that ROM scorch extracted from BN exceeds a specified semi-annual issue target fixed (between 6mmpta 10mmpta) on the date of the determination of Total Reserves Note: (1) A character of the cash payable by the Buyer to the Seller is in the form of a promissory note with a 2 months maturity 1 Strictly Private & Confidential strategic Rationale for the Acquisition of Baruun Naran ? ? BN is skilful of the sizable undeveloped coking scorch bewilders located in grey-haired Mongolia adjacent to MMCs UHG deposit Unique opportunity to get a coking coal addition in advanced phylogenesis stage Diversify the assemblages coal products and advance sources of revenue Close law of proximity (~30km) between BN and UHG Deposit go out create future synergies, much(prenominal) as sharing of thrusting and transportation infrastructure as well as market Operationally and financially accretive growth to MMC shareholders Solidify MMCs position as Mongolias leading coking coal miner ? ? ? ? ? ? ? ? ? ? 2...If you lack to get a adept essay, order it on our website: Orderessay

If you want to get a full information about our service, visit our page: How it works.