Prescient presentation - Petmin

The Strategic Objectives for the next 3 years
20
Overall
• To de-risk Petmin for all shareholders, by reducing our
dependence on one geographic region and one
commodity through geographic diversification spread
across our chosen range of commodities that feed into
the steel value chain
• To continuously evaluate the performance of our assets
to ensure superior returns through investment and
divestment
• To ensure sustainable organic growth in our cash
producing assets
• To maintain our dividend policy of paying 20% of HEPS
• To maintain a debt to equity ratio of less than 30%
• To acquire cash producing assets that produce at a price
that will ensure a long-tern return well in excess of our
cost of capital
• To prudently allocate our capital resources between cash
generating operations and a quality pipeline of
development asset
• To move our London AIM listing to the Main Board and to
become part of the FTSE Top 250 Index by 2015
• Continue the culture of zero harm to employees and
minimal impact on the environment
Business of Today
• To ensure Operational Excellence
• To ensure Value added Growth
• To Securing the future
• To successfully close the sale of SamQuarz
• To ensure sustainable organic growth at Somkhele
To successfully commission the Second Plant at
Somkhele
To ensure a “life of Mine” in excess of 20 years at full
production
To ensure the conversion of all prospecting permits into
New Order Mining Licence
To ensure sufficient export capacity
Business of Tomorrow
• To ensure Value added Growth
• To Securing the future
To acquire cash producing assets that produce at a
price that will ensure a long-tern return well in excess of
our cost of capital
To invest in a quality pipeline of development assets
To achieve the objectives iro Veremo, Iron Bird, Sivas
and NAIC as outlined elsewhere
…A STRONG …Committed PLATFORM to growth, FOR …exceeding dedicated FUTURE to expectations
value GROWTH