Kangaroo Resources Limited

 ASX:KRL ISIN:AU000000KRL3

May 19, 2013

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Kangaroo Resources Limited Company Summary

 Kangaroo Resources Limited (ASX:KRL) is an emerging international mining Company with eight coal projects in the East Kalimantan region of Indonesia.

The Company's projects host coking and thermal coal resources which will see KRL emerge as a significant Indonesian coal producer, with first production achieved in December 2009.

KRL is committed to building a sustainable mid-tier mining house, focusing on Indonesian coal and using the considerable experience and expertise of its exceptional in-country partners to fast track development and production.

The Company's medium term strategy entails vending in valuable new coal projects, while at the same time continuing to build production in the short term from up to three existing projects.
 

DIRECTORS / OFFICERS

 
Peter Richards
Non-Executive Chairman
Mr Richards is an internationally experienced business executive with a proven track record in the mining industry. His roles have included more than 30 years’ experience with companies such as British Petroleum (including its mining arm Seltrust Holdings), Wesfarmers, and Dyno Nobel. He has a unique understanding of the global resources and mining services industries. Mr Richards has managed and supported complex financial and corporate activities, with significant exposure to the investment, broking and analyst community. He has international experience with a diversity of cultures and has started new businesses in a range of locations, including Indonesia, South Africa and Turkey. Mr Richards was most recently CEO of the ASX-listed Dyno Nobel Limited for 2.5 years. Prior to this he was based in Salt Lake City, USA, where he was the President of Dyno Nobel North America. Following the takeover of Dyno Nobel in 2008, Peter became a Non-Executive Director of Bradken Limited. He is also a Non-Executive Director of NSL Consolidated Limited.
Mark O'Keeffe
Managing Director
Mark has been a successful businessman in the Perth community for the past 18 years and in recent years has become actively involved in the minerals industry. He has provided his services in various corporate capacities, including his direct involvement in a number of private and public company capital raisings. Mark's previous business interests have encompassed several established enterprises in the retail and service industries, as well as a range of real estate investments which have seen him develop a wide network of business associates. Marks extensive corporate experience and networks in combination with his entrepreneurial skills will contribute significantly to the Company's strategic move into the Indonesian coal sector.
Trevor Butcher
Non-Executive Director
Trevor is an Indonesian-based professional who has spent more than five years working in the Indonesian mining industry. This vital industry knowledge, along with his significant Indonesian business networks and strong relationships with local partners, puts him in a strong position to guide KRL through the next phases of development. The advantages of being based in Jakarta, as well as Trevor's ability to speak the language and understand the local culture and customs is a tremendous asset to KRL in its strategic move into the Indonesian coal industry. Before moving to Indonesia, Trevor worked in both the food industry and the electrical manufacturing industry in New South Wales. A depth of business knowledge gained in general industry and the mining industry in particular stands Trevor in good stead to drive KRL's new direction.
Darcy Wentworth
Director
Darcy Wentworth is an experienced Australian-based mining executive with over 40 years of international experience managing various coal operations around the world, with specific focus and expertise in coal mining and Indonesia. Mr Wentworth was previously the Operations Manager for Bayan's large Gunungbayan coal operation in East Kalimantan for over 10 years until 2009.
Alastair McLeod
Director
Alastair McLeod is an Indonesian-based mining executive with over 20 years experience in senior finance, accounting and management roles and over 10 years directly relating to the Indonesian resource market. Mr McLeod is currently Chief Financial Officer and a Director of Bayan Resources.
Russell Neil
Director
Russell Neil is an Indonesian-based mining executive with approximately twenty years of corporate experience in accounting, finance and management roles within the mining industries of Australia and Indonesia. He is currently Chief Development Officer and a Director of Bayan Resources.
David Low Yi Ngo
Director
David Low Yi Ngo is presently acting Marketing Director for Bayan Resources. Mr Low has held various senior management roles within Indonesia and Asia over the past five years.
Mike Ralston
Chief Financial Officer
Mr Ralston has joined KRL as the Company's Chief Financial Officer with a mandate to build strong financial discipline within the Company, as well as to assist in fund raising and the management of corporate and ASX matters. He has 12 years experience as a CFO internationally and has been CFO of several ASX listed mining companies over the past 5 years. He has been working in the Indonesian coal market with Fireside Resources for the past 12 months. Mr Ralston is a member of the Australian Institute of Company Directors, holds a Bachelor of Commerce from University of South Africa and a Chartered Management Accountant (London).
Jerko Zuvela
Chief Geologist
Mr Zuvela has joined KRL as the Company’s Chief Geologist with a mandate to manage, explore and develop all of KRL’s projects. He has 14 years resources experience in Australia and internationally, and has been directly involved in the Indonesian coal sector during the past 4 years, during which time he has worked for Strike Resources as General Manager – Operations, and Fireside Resources as Chief Geologist. Mr Zuvela is a member of the Australasian Institute of Mining and Metallurgy and holds a Bachelor of Science in Applied Geology from Curtin University of Technology in Western Australia.
Sean Henbury
Company Secretary
Mr Henbury (CA, FITA) is a Chartered Accountant with over 13 years experience in public practice with three of Perth's major accounting firms. He was a founding director of the accounting firm FJH Solutions Pty Ltd, where he continues to provide client support across a wide range of industries including mining, exploration, research and development, construction and manufacturing. Mr Henbury is company secretary for a number of companies, and is currently a director of Cape Range Wireless Limited (ASX:CGU).
 

ANNUAL REPORT

 
 

PRESENTATIONS

 
 
 

COMPANY DATA

 
Company Principal Sector Materials General 
Company Principal Industry Materials 
Company Homepage www.kangarooresources.com
 

Key Developments: Kangaroo Resources Limited
 Kangaroo Resources Limited (ASX:KRL) Annual Report to Shareholders
APR 2, 2012 08:26 - Article Views: 993
Kangaroo Resources Limited (ASX:KRL) directors present their report on the consolidated entity (referred to hereafter as the group) consisting of Kangaroo Resources Limited (KRL) and the entities it controlled at the end of, or during, the six month period ended 31 December 2011.
 Kangaroo Resources Limited (ASX:KRL) Quarterly Activities and Cashflow Reports
JAN 31, 2012 14:25 - Article Views: 1,235
Kangaroo Resources Limited (ASX:KRL) is pleased to provide a quarterly activities and cashflow report for the period ended 31 December 2011.
 Kangaroo Resources Limited (ASX:KRL) Update on Acquisition of Direct Foreign Ownership of Pakar Coal Project Concessions
DEC 20, 2011 08:25 - Article Views: 1,478
International coal producer Kangaroo Resources Limited (ASX:KRL) is pleased to advise that it has executed the deeds of transfer with leading Indonesian coal conglomerate PT Bayan Resources Tbk giving it direct foreign ownership of five key concessions and one asset-holding company at the Pakar Thermal Coal Project in Kalimantan, Indonesia.
 Kangaroo Resources Limited (ASX:KRL) Signs US$270 Million Mining Contract at Mamahak Coal Project
NOV 30, 2011 13:30 - Article Views: 1,732
International coal producer Kangaroo Resources Limited (ASX:KRL) is pleased to advise that its subsidiary, PT Mamahak Coal Mining, has signed a key five-year mining contract, with an approximate value of US$270 million, with PT Putra Perkasa Abadi (www.ppacoal.com) to mine up to 4.5 million metric tonnes of coking coal from the Company's 100%-owned Mamahak Project in Indonesia.
 Kangaroo Resources Limited (ASX:KRL) Appoints Four New Directors
JUNE 14, 2011 11:05 - Article Views: 2,047
International coal producer Kangaroo Resources Limited (ASX:KRL) is pleased to announce the appointment of four experienced coal executives to its Board as non-executive Directors following completion of its landmark transaction with PT Bayan Resources TbK (JAK:BYAN).
 Kangaroo Resources Limited (ASX:KRL) To Join The Ranks Of Leading Coal Producers After Completing Acquisition Of Pakar Thermal Coal Project
JUNE 14, 2011 10:22 - Article Views: 2,573
International coal producer Kangaroo Resources Limited (ASX:KRL) is aiming to join the ranks of the leading coal producers after having received final shareholder approval to complete its previously announced $277 million acquisition of the Pakar Coal Project from the leading Indonesian coal conglomerate PT Bayan Resources Tbk (JAK:BYAN).
 PT Bayan Resources (JAK:BYAN) Approves Sale of the Pakar Coal Project to Kangaroo Resources Limited (ASX:KRL)
JUNE 8, 2011 08:24 - Article Views: 1,879
International coal producer Kangaroo Resources Limited (ASX:KRL) is pleased to report that shareholders in the leading Indonesian coal conglomerate PT Bayan Resources Tbk ("Bayan") (JAK:BYAN) have voted overwhelmingly in favour of the proposed sale of the Pakar Coal Project to Kangaroo.
 Asian Activities Report for April 8, 2011: Kangaroo Resources (ASX:KRL) Announce 3.15 Billion Tonne Coal Resources In Indonesia
APR 8, 2011 12:00 - Article Views: 3,570
Asian Activities Report for April 8, 2011 includes: Kangaroo Resources Limited (ASX:KRL) reported an updated JORC Resources of 3.15 billion tonnes for its coal projects in Indonesia; Orocobre Limited (ASX:ORE) (TSE:ORL) produced its first battery grade lithium carbonate from the Olaroz Lithium Project in Argentina; UraniumSA Limited (ASX:USA) reported 42 million pounds of U3O8 inventory in the Mullaquana Project; Consolidated Tin Mines Limited (ASX:CSD) has commenced its 2011 exploration season at the Windermere Tin project in northern Queensland.
 Australian Market Report of March 17, 2011: Marmota Energy (ASX:MEU) Announce Significant Iron And Manganese Results At Western Spur Project
MAR 17, 2011 12:00 - Article Views: 3,118
Australian Market Report of March 17, 2011 includes: Marmota Energy Limited (ASX:MEU) announced significant iron and manganese results from its Western Spur Project in South Australia; ElDore Mining Corporation Limited (ASX:EDM) has acquired a 100% interest in the Baita Copper mine in West Romania; Kangaroo Resources Limited (ASX:KRL) signed a 300,000 tonne coal sales contract with PT Bayan Resources (JAK:BYAN) (PINK:BYRSF); Matsa Resources Limited (ASX:MAT) announced high grade Fe results from Dundas Magnetite Project.
 Australian Market Report of March 15, 2011: Kangaroo Resources (ASX:KRL) On Track To Complete The Acquisition Of Indonesian Pakar Thermal Coal Project
MAR 15, 2011 12:00 - Article Views: 3,960
Australian Market Report of March 15, 2011 includes: Kangaroo Resources Limited (ASX:KRL) is on track to complete the acquisition of the Pakar Thermal Coal Project in Indonesia by June 2011; General Mining Corporation Limited (ASX:GMM) raised A$1.2m to advance projects in Mongolia and Western Australia; Hot Rock Limited (ASX:HRL) successfully completed the first geophysical survey at its Longavi Geothermal Project in Chile; Rex Minerals Limited (ASX:RXM) reported multiple shallow high grade intersections at Hillside Copper Project in South Australia.

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Company Reports

Kangaroo Resources Limited (ASX:KRL) Notice of Annual General Meeting/Proxy Form
Kangaroo Resources Limited (ASX:KRL) WEC: Update on KSC Joint Venture - Legal Proceedings
Kangaroo Resources Limited (ASX:KRL) Results of Meeting
Kangaroo Resources Limited (ASX:KRL) Change of Director`s Interest Notice
Kangaroo Resources Limited (ASX:KRL) Quarterly Activities and Cashflow Report
Kangaroo Resources Limited (ASX:KRL) Annual Report to shareholders
Kangaroo Resources Limited (ASX:KRL) Quarterly Activities and Cashflow Report
Kangaroo Resources Limited (ASX:KRL) Research Report By Intersuisse Limited
Kangaroo Resources Limited (ASX:KRL) Research Report By Old Park Lane Capital
Kangaroo Resources Limited (ASX:KRL) Research Report By DJ Carmichael

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