1 / 15

The consequences of adaptation: Equities

Evaluating Junior Mining Companies The JSE Ltd – an overview Noah Greenhill SGM: Marketing and Business Development. The consequences of adaptation: Equities. Primary markets again an attractive proposition New listings have overtaken de-listings for first time since 1998

zoltin
Télécharger la présentation

The consequences of adaptation: Equities

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Evaluating Junior Mining CompaniesThe JSE Ltd – an overviewNoah Greenhill SGM: Marketing and Business Development

  2. The consequences of adaptation: Equities • Primary markets again an attractive proposition • New listings have overtaken de-listings for first time since 1998 • Growth in foreign listings 700 600 500 400 No. of listed companies 300 200 100 0 2000 2001 2002 2003 2004 2005 2006 *2006 figures are as at end December 2006

  3. A natural home for resources 2005 Resource Company Listings: • Chrometco Limited • Wescoal Holdings Limited • Tawana Resources NL • Oando plc • Miranda Mineral Holdings Limited • Sxr Uranium One Inc. • Wesizwe Platinum Limited 2006 Resource Company Listings: • Eland Platinum Holdings Limited • Diamond Core Resources Limited • Teal Exploration and Mining Inc. • Witwatersrand Consolidated Gold Resources Limited • Metmar Limited • Kumba Iron Ore Limited • GVM Metals Limited • Jubilee Platinum plc • Pamodzi Gold Limited • Anooraq Resources Corporation

  4. Nedsec Junior Mining and Exploration Index

  5. Recent relative performance

  6. Recent relative performance

  7. The consequences of adaptation: Equities • Capital raising opportunities suggest value for both issuers and investors R 120,000 R 100,000 R 80,000 R 60,000 Equity capital raised (R Million) R 40,000 R 20,000 R 0 2000 2001 2002 2003 2004 2005 2006 *2006 figures are as at end December 2006

  8. The consequences of adaptation: Equities • Continued strong performance in the secondary markets: • Average daily value traded up 68% (on 2005) • Average daily number of deals up 58% (on 2005) • Net foreign investment at all time high – over R73 billion R 10,000 35,000 R 9,000 30,000 R 8,000 25,000 R 7,000 R 6,000 Value traded - Millions 20,000 Avge daily R 5,000 No. of deals value traded 15,000 R 4,000 Avge daily R 3,000 10,000 deals R 2,000 5,000 R 1,000 R 0 - 2000 2002 2004 2006 2001 2003 2005 *2006 figures are as at end December 2006

  9. The consequences of adaptation: Equities • Significant value received by investors: • Market capitalisation at over R5 trillion – JSE remains in top 20 exchanges • Solid improvement in liquidity to 41% • FTSE/JSE All Share Index up 38% (from Dec ’05) R 5,000,000 50 Market Cap (R Billion) R 4,000,000 40 Liquidity (%) R 3,000,000 30 R 2,000,000 20 R 1,000,000 10 R 0 0 2000 2001 2002 2003 2004 2005 2006 *2006 figures are as at end December 2006

  10. Every American born will need…

  11. South Africa’s role in World Mineral Reserves, 2005 Number= World Ranking Percentage of World Reserves Source: USGS

  12. South Africa’s role in World Mineral Production, 2005 Number= World Ranking Percentage of World Production Source: USGS

  13. South Africa’s role in World Mineral Exports, 2005 Number= World Ranking Percentage of World Exports Source: USGS

  14. Contribution of Mining and Quarrying to value added, fixed capital formation(at current prices) and total national exports of goods, 1996 – 2005 Source: Department of Minerals and Energy: Mineral EconomicsSouth African Reserve Bank, 2005, pS113

  15. Resource contribution to market composition • FTSE/JSE Africa Index Series • Basic materials - 37.49% • Mining – 35.54% • General Mining – 24.67% • Gold Mining – 5.42% • Platinum and Precious metals – 5.43% • Mining companies represent 13.47% of companies listed and 31.19% of market capitalisation Figures are as at end December 2006

More Related