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Book Value ps ZAR¢ +13.4%

FINANCIAL BRIEF: For the six months ended 31 December 2012, International Ferro Metals Limited revenues decreased 3% to RAN824.1M. Net loss decreased 17% to RAN75.5M. Revenues reflect Europe segment decrease of 38% to RAN192.9M, Japan segment decrease from RAN55.2M to RAN0K. Lower net loss reflects Unabsorbed Fixed Costs decrease of 96% to RAN1.6M (expense), Write Down of Inventory decrease from RAN10.2M (expense) to RAN0K. more »

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BROKER FORECASTS
30th Jun 2013
30th Jun 2014

Price Target: 335.9¢ (+129.31% above Price) Net Profit EPS DPS Net Profit EPS DPS
Est. Long Term Growth Rate: +55.2% (ZAR) (¢) (¢) (ZAR) (¢) (¢)
Consensus Estimate
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4 brokers BROKER CONSENSUS & FORECAST TREND
Broker Recommendations for International Ferro Metals
Recommendation:Strong SellSellHoldBuyStrong Buy
No. of Analysts: 0 0 2 0 2

Named Brokers and Analysts
Investec Bank (UK) Plc , Numis Securities Cailey Barker , Macquarie Research James Oberholzer , Daniel Stewart Shamim Mansoor , Liberum Capital , and 1 unnamed other

International Ferro Metals Limited (IFM) is an integrated ferrochrome producer. The Company is engaged in the production of ferrochrome from chromite ore located in the Bushveld Igneous Complex. IFM’s Lesedi chromite mines and integrated beneficiation and smelting operations are situated at Buffelsfontein, 100 kilometers north-west of Johannesburg, South Africa. It operates in a single business segment, being the mining and processing of chromite in South Africa and sale of ferrochrome. The total producing capacity of IFM is approximately 265,000 tons of ferrochrome per annum. Its subsidiaries include International Ferro Metals SA (Pty) Limited, Purity Metals Holdings Limited, International Ferro Metals SA Holdings (Pty) Limited and Sky Chrome Mining (Pty) Limited.

Directors: Christiaan Jordaan (CEO) 43, Johannes Muller (CFO) 43, Maurice Mkhwanazi (GM) 42, Maarten Nienaber (GM) 49, Willem van Wyk (GM) 44, Ben Fourie (Other) 48, Francois Malherbe (Other) 51, Hannes Van Dyk (Other) 44, Wayne Kernaghan (Secy.) 52,

No. of Employees: 1,498 No. of Shareholders: n/a


Last Annual June 30th, 2012
Last Interim December 31st, 2012
Shares in Issue 554,008,047
Free Float 541.8m (97.8%)
Sector Basic Materials
Industry Metals & Mining
Index FTSE Small Cap , FTSE Small Cap XIT,
Exchange London Stock Exchange (Full)
Eligible for an ISA? a SIPP?

Address , SYDNEY, 2000, Australia
Web http://www.ifml.com
Phone +61 2 82982090
Contact Chris Jordaan (Chief Executive Officer)
Registrar Computershare Investor Services
Auditors Ernst & Young LLP

IFL SHARE PRICE PERFORMANCE IFL QUOTE
IFL Share Price GBp
9.37p
Day's Change
0.0  0.0%
Traded 9:01am · Minimum 15 min delayed

LATEST IFL NEWS ANNOUNCEMENTS (delayed)

UPCOMING IFL EVENTS
Wednesday 24th July, 2013
International Ferro Metals Ltd Production Report
Monday 16th September, 2013
Preliminary 2012 International Ferro Metals Ltd Earnings Release
Thursday 24th October, 2013
International Ferro Metals Ltd Interim Management Statement
Wednesday 20th November, 2013
International Ferro Metals Ltd Annual General Meeting
Monday 24th February, 2014 (estimate)
Interim 2013 International Ferro Metals Ltd Earnings Release

Recent ↓
Thursday 25th April, 2013
International Ferro Metals Ltd Interim Management to 25 April 2013 and Production Report for the three months to 31 March 2013 Statement Conference Call
Thursday 25th April, 2013
International Ferro Metals Ltd Interim Management Statement to 25 April 2013 and Production Report for the three months to 31 March 2013
Monday 25th February, 2013
Interim 2012 International Ferro Metals Ltd Earnings Conference Call
Monday 25th February, 2013
Interim 2012 International Ferro Metals Ltd Earnings Release
Thursday 24th January, 2013
International Ferro Metals Ltd Production Report for the three months to 31 December 2012 Conference Call
Thursday 24th January, 2013
International Ferro Metals Ltd Production Report for the three months to 31 December 2012
Friday 30th November, 2012
International Ferro Metals Ltd Trading Update
Wednesday 21st November, 2012
International Ferro Metals Ltd Annual General Meeting
Tuesday 23rd October, 2012
International Ferro Metals Ltd Interim Management Statement & Production Report Conference Call
Tuesday 23rd October, 2012
International Ferro Metals Ltd Interim Management Statement & Production Report


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