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Book Value ps $ +67.5%

FINANCIAL BRIEF: For the six months ended 30 June 2012, Bellzone Mining PLC revenues was not reported. Net loss increased 38% to $26M. Higher net loss reflects Employee benefits expense increase of 85% to $10.8M (expense), Administrative expenses increase of 79% to $2.6M (expense), Share of loss in Equity method invetment increase from $0K to $1.1M (expense). Basic Earnings per Share excluding Extraordinary Items decreased from -$0.03 to -$0.04. more »

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BROKER FORECASTS
31st Dec 2012
31st Dec 2013

Price Target: $0.30 (+363.61% above Price) Net Profit EPS DPS Net Profit EPS DPS
Est. Long Term Growth Rate: +3.1% ($) ($) ($) ($) ($) ($)
Consensus Estimate
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6 brokers BROKER CONSENSUS & FORECAST TREND
Broker Recommendations for Bellzone Mining
Recommendation:Strong SellSellHoldBuyStrong Buy
No. of Analysts: 0 0 4 1 1

Named Brokers and Analysts
Investec Bank (UK) Plc Hunter Hillcoat , Canaccord Genuity Jeremy Dibb , GMP Securities Ltd. Matt Fernley , Renaissance Capital (Russia) Jim Taylor , Panmure Gordon Alison Turner , Edison Investment Research Andrey Litvin , Societe Generale Abhi Shukla ,

Bellzone Mining plc is engaged in the exploration and development of iron, copper and nickel licenses in Guinea, West Africa, primarily at its flagship Kalia Mine Project. The Company’s Kalia Iron Permit covering an area of 573 square kilometers is located approximately 360 kilometers east of Conakry. The Kalia Polymetals Permit covers the same area as the Kalia Iron Permit. The Faranah Iron Ore Permit covers an area of 808 square kilometers, and is immediately adjacent to the east of the Kalia Iron Permit. The Sadeka Nickel/Copper Permit is located approximately 150 kilometers south-east of the Kalia Iron Permit and is centered on the town of Albadaria. The Sadeka Nickel/Copper Permit covers an area of 2,086 square kilometers with the rights to explore for nickel, copper, cobalt, manganese, platinum and chromium. The Forecariah joint venture project is a 50:50 joint venture between the Company and China International Fund Limited.

Directors: Michael Farrow (Chmn.) 58, Glenn Baldwin (CEO) 39, Terrence Larkan (Fin. Dir.) ,

No. of Employees: 119 No. of Shareholders: n/a


Last Annual December 31st, 2011
Last Interim June 30th, 2012
Shares in Issue 730,319,355
Free Float 253.6m (34.7%)
Sector Basic Materials
Industry Metals & Mining
Index FTSE Aim All Share,
Exchange London Stock Exchange (AIM)
Eligible for an ISA? a SIPP?

Address Channel House Green Street, SAINT HELIER, JE2 4UH, Jersey
Web http://www.bellzone.com.au/
Phone +44 1534 834600
Contact ()
Registrar Capita Registrars (Jersey) Limited
Auditors Ernst & Young LLP

BZM SHARE PRICE PERFORMANCE BZM QUOTE
BZM Share Price GBp
4.15p
Day's Change
-0.1  -2.6%
Traded 8:17am · Minimum 15 min delayed

LATEST BZM NEWS ANNOUNCEMENTS (delayed)

UPCOMING BZM EVENTS
Friday 24th May, 2013 (estimate)
Q4 2013 Bellzone Mining PLC Earnings Release
Monday 22nd July, 2013 (estimate)
Bellzone Mining PLC Annual Shareholder Meeting

Recent ↓
Wednesday 27th March, 2013
Bellzone Mining PLC Company Update and Forécariah Joint Venture Guidance Conference Call
Thursday 20th December, 2012
Bellzone Mining PLC Kalia Mine Project Resource Update
Tuesday 27th November, 2012
Bellzone Mining PLC at London Investor Roadshow
Friday 28th September, 2012
Q2 2012 Bellzone Mining PLC Interim Results
Thursday 6th September, 2012
Bellzone Mining PLC at Jefferies Mining Conference
Friday 27th July, 2012
Bellzone Mining PLC Annual Shareholder Meeting (London)
Friday 27th July, 2012
Bellzone Mining PLC Annual Shareholder Meeting (Australia-Satellite Meeting)
Monday 23rd July, 2012
Bellzone Mining PLC Forecariah JV Update Conference Call
Thursday 31st May, 2012
Bellzone Mining PLC Mining Update
Tuesday 22nd May, 2012
Bellzone Mining PLC Forécariah Mining Authorised


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