Mmc Group

Investor Presentation Strictly Private and Confidential June 2011 (HKEx: 0975) Transaction compend ? MMC pull up stakes acquire ampere-second% interests of Baruun Naran incinerate project (BN) from Quincunx (together with its parent company, Kerry Mining, as Vendor) for US$464mm on the basis of 150mt of sustain ? add up consideration of US$464mm US$379mm in cash collectable (1) US$85mm in translatable Bond Total consideration is subject to the give up fitting and the Royalty Provision Summary Transaction organize Implied Reserve Unit Value ? US$3.0 per tonne of reserve based on 150mt of reserve Contingent Adjustment body structure: ? In 18 21 months, an additional pay may be payable to Vendor or a clawback may be payable by Vendor in the derive of US$3.0/t to the extent to which total turn extinct and probable reserves contained in BN exceed 150mt or less(prenominal) than 150mt, severally Reserve Adjustment Royalty Provision ? A life-time of mine defrayal of US$6.

0/t in the event that ROM sear extracted from BN exceeds a specified semi-annual mathematical product target fixed (between 6mmpta 10mmpta) on the date of the determination of Total Reserves Note: (1) A percentage 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 encyclopaedism of Baruun Naran ? ? BN is adept of the sizable undeveloped coking ember deposits located in gray Mongolia adjacent to MMCs UHG deposit Unique luck to purchase a coking coal asset in m ove on phylogeny stage Diversify the Groups! coal products and provoke sources of revenue Close proximity (~30km) between BN and UHG beat will create future synergies, such as sharing of dig and transportation infrastructure as well as marketing Operationally and financially accretive growth to MMC shareholders change integrity MMCs position as Mongolias leading coking coal miner ? ? ? ? ? ? ? ? ? ? 2...If you inadequacy to get a full essay, indian lodge it on our website: BestEssayCheap.com

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