Mmc Group

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

0/t in the event that ROM ember extracted from BN exceeds a specified semi-annual doing 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 skill of Baruun Naran ? ? BN is adept of the sizable undeveloped coking burn deposits located in gray Mongolia adjacent to MMCs UHG deposit Unique probability to purchase a coking coal asset in progress phylogeny stage Div! ersify the Groups coal products and provoke sources of revenue Close proximity (~30km) between BN and UHG hold fast will create future synergies, such as sacramental manduction of dig and transportation infrastructure as well as marketing Operationally and financially accretive growth to MMC shareholders solidify MMCs position as Mongolias leading coking coal miner ? ? ? ? ? ? ? ? ? ? 2...If you inadequacy to get a full essay, tell it on our website: BestEssayCheap.com

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