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18 January 2022 Page | 1
CONFIDENTIAL DOCUMENT
MINING SERVICES CONTRACTING SECTOR
LCC Asia Pacific Overview Presentation
Market Valuations & Core Company Data
18 January 2022 Page | 2
Workbook Index
1
2
3
Appendix LCC Asia Pacific Office Location & IB Contact Details
Mining Services & Contracting Sector Overview
Mining Services Contractors Valuations Over Time
Drilling Services Contractors Valuations Over Time
Detailed Company Data
18 January 2022 Page | 3
Mining Services & Contracting Sector Overview
Company Index & Sector Classification
Data sources for information in this presentation is
derived from a combination of LCC industry research,
company information & FACTSET. Local currencies are
typically adopted and data aberration can be as a result
of financial year timing & data release periods
Key:
Green symbols on company charts represent
closed acquisition transactions and Red
symbols represent closed divestment
transactions
18 January 2022 Page | 69
IMPORTANT INFORMATION: This presentation (‘Presentation’) has been drafted by LCC Asia Pacific Pty Limited and/or its affiliates (together, “LCC”) for the exclusive use of the party to whom LCC delivers this presentation (the “Recipient”) using
information provided from a variety of sources, including publicly available information and potentially information from the Recipient. You acknowledge and agree LCC has not independently verified the information contained in this Presentation, nor does
LCC make any representation or warranty, either express or implied, as to the accuracy, completeness or reliability of the information contained in this Presentation. This Presentation should not be regarded by the Recipient as a substitute for the exercise
of its own judgment, and the Recipient is expected to rely on its own due diligence, including separate legal, tax and accounting, if it wishes to proceed further in relation to any transaction concept outlined in this Presentation.
The indicative valuations, forecasts, estimates, opinions and projections contained in this Presentation involve elements of subjective judgment and analysis. They are based on facts and data that are often subject to rapid change. Any opinions
expressed in this material are subject to change without notice. This Presentation may contain forward-looking statements, included those reported by various Companies. LCC undertakes no obligation to update these forward-looking statements for
events or circumstances that occur subsequent to such dates or to update or keep current any of the information contained in this Presentation. Any estimates or projections as to events that occur in the future (including projections of revenue, expense,
net income and stock performance) are based upon the best judgment of LCC from the information provided by the Recipient and other publicly available as of the date of this presentation. Any statements, estimates or projections as to LCC’s fees or
other pricing are accurate only as at the date of this presentation. There is no guarantee that any of these estimates or projections will be achieved. Actual results will vary from the projections and such variations may be material.
Nothing contained in this Presentation is, or shall be relied upon as, a promise or presentation as to the past or the future. LCC, its affiliates, directors, employees and/or agents expressly disclaim any and all liability relating or resulting from inaccurate or
incomplete information and the use or reliance of all or any part of this Presentation or any of the information contained within this Presentation.
By accepting this Presentation, the Recipient acknowledges and agrees that LCC will at all times act as an independent contractor on an arm’s-length basis and will not act in any other capacity, including in a fiduciary capacity, with respect to the
Recipient. LCC may provide services to any member of the same group as the Recipient or any other entity or person (a “Third Party”), engage in any transaction (on its own account or otherwise) with respect to the Recipient or a Third Party, or act in
relation to any matter for itself or any Third Party, notwithstanding that such services, transactions or actions may be adverse to the Recipient or any member of its group, and LCC may retain for its own benefit any related remuneration or profit.
This Presentation has been prepared solely for informational purposes and is not to be constructed as a solicitation or an offer to buy or sell any securities or related financial instruments. The Recipient should not construe the contents of this
presentation as legal, tax, accounting or investment advice or a recommendation. The Recipient should consult its own counsel, tax and financial advisors as to legal and related matters concerning any transaction described in this Presentation. This
Presentation does not purport to be all-inclusive or to contain all of the information that the Recipient may require. No investment, divestment or other financial decisions or actions should be based solely on the information in this Presentation.
This presentation has been prepared on a confidential basis solely for the use and benefit of the Recipient. Distribution of this presentation to any person other than the Recipient and those persons retained to advice the Recipient, who agree to maintain
the confidentiality of this material and be bound by the limitations outlined herein, is not authorized by LCC. LCC specifically prohibits the redistribution or reproduction of this material in whole or in part without the written permission of LCC and LCC
accepts no liability whatsoever for the actions of third parties in this respect.
LCC holds a series of registered trademarks in the United States of America and Australia to protect its intellectual property. Examples of regional engagements detailed in this Work Book are typically advisory or consulting in style, or involve an
Australian company that is either seeking to expand into a market or has assets within that market. Today LCC is a licensed wholesale securities dealer in Australia only. AFSL 278054. ACN 105 807 645
A Leading Independent Boutique Professional Services Firm
Office Location & IB Contact Details
SYDNEY
MLC Centre
Level 61
19 Martin Place
Sydney NSW 2000
AUSTRALIA
T: +612 9262 2121
F: +612 8088 1239
BRISBANE
Waterfront Place
Level 34
1 Eagle Street
Brisbane QLD 4000
AUSTRALIA
T: +617 3184 9180
NEW YORK
The Seagram Building
Level 26
375 Park Avenue
New York City
NY 10152 USA
PERTH
Brookfield Place
Level 11
125 St Georges Terrace
Perth WA 6000
AUSTRALIA
T: +618 6557 6708
Brian Thomas
Chairman In Residence - Perth
bdt@lccapac.com
+ 61 419 893 609
Ken Brundell
Director - Queensland
kxb@lccapac.com
+ 61 408 433 852

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Australian mining services contracting sector overview january 2022 lcc asia pacific corporate finance

  • 1. 18 January 2022 Page | 1 CONFIDENTIAL DOCUMENT MINING SERVICES CONTRACTING SECTOR LCC Asia Pacific Overview Presentation Market Valuations & Core Company Data
  • 2. 18 January 2022 Page | 2 Workbook Index 1 2 3 Appendix LCC Asia Pacific Office Location & IB Contact Details Mining Services & Contracting Sector Overview Mining Services Contractors Valuations Over Time Drilling Services Contractors Valuations Over Time Detailed Company Data
  • 3. 18 January 2022 Page | 3 Mining Services & Contracting Sector Overview Company Index & Sector Classification Data sources for information in this presentation is derived from a combination of LCC industry research, company information & FACTSET. Local currencies are typically adopted and data aberration can be as a result of financial year timing & data release periods Key: Green symbols on company charts represent closed acquisition transactions and Red symbols represent closed divestment transactions
  • 4. 18 January 2022 Page | 69 IMPORTANT INFORMATION: This presentation (‘Presentation’) has been drafted by LCC Asia Pacific Pty Limited and/or its affiliates (together, “LCC”) for the exclusive use of the party to whom LCC delivers this presentation (the “Recipient”) using information provided from a variety of sources, including publicly available information and potentially information from the Recipient. You acknowledge and agree LCC has not independently verified the information contained in this Presentation, nor does LCC make any representation or warranty, either express or implied, as to the accuracy, completeness or reliability of the information contained in this Presentation. This Presentation should not be regarded by the Recipient as a substitute for the exercise of its own judgment, and the Recipient is expected to rely on its own due diligence, including separate legal, tax and accounting, if it wishes to proceed further in relation to any transaction concept outlined in this Presentation. The indicative valuations, forecasts, estimates, opinions and projections contained in this Presentation involve elements of subjective judgment and analysis. They are based on facts and data that are often subject to rapid change. Any opinions expressed in this material are subject to change without notice. This Presentation may contain forward-looking statements, included those reported by various Companies. LCC undertakes no obligation to update these forward-looking statements for events or circumstances that occur subsequent to such dates or to update or keep current any of the information contained in this Presentation. Any estimates or projections as to events that occur in the future (including projections of revenue, expense, net income and stock performance) are based upon the best judgment of LCC from the information provided by the Recipient and other publicly available as of the date of this presentation. Any statements, estimates or projections as to LCC’s fees or other pricing are accurate only as at the date of this presentation. There is no guarantee that any of these estimates or projections will be achieved. Actual results will vary from the projections and such variations may be material. Nothing contained in this Presentation is, or shall be relied upon as, a promise or presentation as to the past or the future. LCC, its affiliates, directors, employees and/or agents expressly disclaim any and all liability relating or resulting from inaccurate or incomplete information and the use or reliance of all or any part of this Presentation or any of the information contained within this Presentation. By accepting this Presentation, the Recipient acknowledges and agrees that LCC will at all times act as an independent contractor on an arm’s-length basis and will not act in any other capacity, including in a fiduciary capacity, with respect to the Recipient. LCC may provide services to any member of the same group as the Recipient or any other entity or person (a “Third Party”), engage in any transaction (on its own account or otherwise) with respect to the Recipient or a Third Party, or act in relation to any matter for itself or any Third Party, notwithstanding that such services, transactions or actions may be adverse to the Recipient or any member of its group, and LCC may retain for its own benefit any related remuneration or profit. This Presentation has been prepared solely for informational purposes and is not to be constructed as a solicitation or an offer to buy or sell any securities or related financial instruments. The Recipient should not construe the contents of this presentation as legal, tax, accounting or investment advice or a recommendation. The Recipient should consult its own counsel, tax and financial advisors as to legal and related matters concerning any transaction described in this Presentation. This Presentation does not purport to be all-inclusive or to contain all of the information that the Recipient may require. No investment, divestment or other financial decisions or actions should be based solely on the information in this Presentation. This presentation has been prepared on a confidential basis solely for the use and benefit of the Recipient. Distribution of this presentation to any person other than the Recipient and those persons retained to advice the Recipient, who agree to maintain the confidentiality of this material and be bound by the limitations outlined herein, is not authorized by LCC. LCC specifically prohibits the redistribution or reproduction of this material in whole or in part without the written permission of LCC and LCC accepts no liability whatsoever for the actions of third parties in this respect. LCC holds a series of registered trademarks in the United States of America and Australia to protect its intellectual property. Examples of regional engagements detailed in this Work Book are typically advisory or consulting in style, or involve an Australian company that is either seeking to expand into a market or has assets within that market. Today LCC is a licensed wholesale securities dealer in Australia only. AFSL 278054. ACN 105 807 645 A Leading Independent Boutique Professional Services Firm Office Location & IB Contact Details SYDNEY MLC Centre Level 61 19 Martin Place Sydney NSW 2000 AUSTRALIA T: +612 9262 2121 F: +612 8088 1239 BRISBANE Waterfront Place Level 34 1 Eagle Street Brisbane QLD 4000 AUSTRALIA T: +617 3184 9180 NEW YORK The Seagram Building Level 26 375 Park Avenue New York City NY 10152 USA PERTH Brookfield Place Level 11 125 St Georges Terrace Perth WA 6000 AUSTRALIA T: +618 6557 6708 Brian Thomas Chairman In Residence - Perth bdt@lccapac.com + 61 419 893 609 Ken Brundell Director - Queensland kxb@lccapac.com + 61 408 433 852