Points of interest as an investor1) Allmine has a blue chip...

Points of interest as an investor

1) Allmine has a blue chip client base including BHPB, Rio Tinto, ERA, Newmont and HWE.
2) The Group has built revenues from A$2.7m through to a forecast revenue target for FY2011 of A$38m across a
4 year time horizon.

3) One stop shop

4) Great Acquisition strategy
FY2012 projected EBITDA of the merged entities ~A$26.5m
to provide an EBIT to 26.5 million for FY 2012 giving us approx 14c EPS and assuming 8 x PE ratio gives us over $1.00 + share ...

5)Arccon acquisition

The Arccon mining division has completed designs for process plants with a value in excess of A$1.3 billion
since 2007 and has recently signed co-operation agreements directly, and indirectly through an associated
entity, with two of the largest Chinese engineering and procurement and construction companies in the world.
? Currently, Arccon and one of its Chinese engineering partners are working with two Australian listed resource
companies to bring on stream a vanadium and copper mine worth approximately US$2.0 billion to develop.
? Arccon, together with a partner, has successfully established a civil and concrete contracting group, which is
currently engaged in major civil and concrete contracts on the Sino Iron project for CP Mining.
? Arccon has also established a structural, mechanical and piping contracting subsidiary which is providing
construction services to the Mineral Resources Group for the installation of a major crushing and screening
facility at the Fortescue Metals Group Christmas Creek site and mechanical installation services at the Sino
Project.
Acquisition of Arccon is consistent with Allmine?s strategy of building a substantial ?life of mine?
mining service business with a particular focus on mineral resource mines.
The acquisition delivers to Allmine a number of benefits including:
? Operating Model: Completes the Allmine operating model;
? Management: Exceptional management team including strengthening of the Allmine Board;
? Pipeline of future earnings: Arccon has a significant pipeline of contracts and potential contracts. The
co-operation agreements with the large EPC contractors are expected to consistently deliver additional
potential contracts;
? High Growth Potential & Scaleable: The Arccon business is scaleable and has high growth potential;
? Synergies: High potential for internal sales across the Allmine maintenance divisions. In particular, new
Arccon projects provide opportunities to expand the maintenance division significantly; and
? EPS Accretive: Delivers the Allmine Group with scale in terms of earnings and is immediately EPS
accretive.

6) Acquisition of Carey gardner
The strong Carey Gardner management team is to be retained.
? The forecasts are supported by a potential project pipeline of A$13.5m.
? The acquisition represents a bolt-on to Allmine?s existing activities in the Pilbara region.
The acquisition is part of a strategic objective to strengthen the Allmine operating capability across
fixed plant maintenance and to extend Pilbara operations into Port Headland. Further, Allmine plans to
leverage the Carey Gardner operating infrastructure and client base in Port Headland to extend the
suite of products and services to include the Allmine ?one stop shop? mobile plant maintenance.

IMO AZG has established a robust business plan and cannot be overlooked with a potential 26.5 MILLION EBIT per year potential....i would be interested to hear others thoughts

Cheers MMM