The Australian

Company at a Glance

Industry:: Metals & Mining
Fiscal Year-End:: Jun 10

Liberty Resources is focussed on new energy solutions. The company has extensive coal assets in Queensland and aims to gasify the deep coal resource. Underground coal gasification (UCG) converts coal into a product commonly known as Syngas without the need for mining. The Syngas is composed of natural gas that can be used to generate low cost power and electricity with virtually no CO2 emissions. Unused by-products can be reinjected safely in the ground afterwards where they came from.

Company History

LBY was incorporated in January 2003 to acquire prospective ground containing gold and base metal. In July 2007, LBY changed its name to Liberty Resources NL.

Industries Of Operation

LBY is a minerals exploration company with various coal interests in Queensland. The company intends to extract Syngas from the coal reserves via a process known as Underground Coal Gasification (UCG). Syngas can then provide Australian consumers with Hydrogen, Natural gas, Liquefied Natural Gas, Diesel Jet Fuel and Chemical Fertilisers.

Differentiating Factor

The company is focused on new energy solutions, such as UCG, which converts coal into Syngas with dramatically less pollution and greenhouse gas emissions than currently used techniques.

Major Customers & Competitors

The company is in the process of exploring and evaluating mineral assets. As such, it has no customers at the present time. A competitor of LBY is Linc Energy (LNC), which is an Australian company that is also using UCG to produce Syngas.

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Market Statistics

Market Cap ($M):: 13.6

Equiv. Shares (M):: 129.3

% All Ords:: 0.00

12Mth Range ($):: 0.04 - 0.28

Turnover ($M pa):: 31.3

Index:: NON ASX

Sector:: Materials

Industry Group:: Materials

Industry:: Metals & Mining

Sub Industry:: Diversified Metals & Mining

Last 5 Market Sensitive Announcements

Date: Announcment

29-Jan-10 11:16: Quarterly Activities and Cashflow Report

27-Jan-10 10:29: Liberty secures new coal project in Canada

11-Jan-10 10:48: Liberty Exclusive Partnership with ATEC

13-Nov-09 09:47: $1m Sale of Uranium Tenements

30-Oct-09 11:59: Quarterly Activities and Cashflow Report

Calendar Of Events

Date: Event

10-Nov-08: AGM Date for Final Year Result

12-Sep-08: Reporting Date for Final Year Result

26-Nov-07: AGM Date for Final Year Result

24-Aug-07: Reporting Date for Final Year Result

25-Jun-07: EGM Date for Special Event

Directors

Name: Position

M Fry: Director

A Haythorpe: Director

M Fry: Director

A Phillips: Director

Management

Name: Position

A Haythorpe: Managing Director

Substantial Shareholders

Name: % Holding

Gabriel Global Investment Ltd: 10.3

G Down: 7.7

Ouro Pty Ltd: 6.4

Peer Recommendation Comparison

	P/E (x)	EPS Chg (%)	Dividend Yield (%)	MktCap ($M)	Price ($)	Consensus Rec
	09A	09A	09A
BHP Billiton Limited	14.5	(8.7)	2.9	223,359.3	39.85	none
Rio Tinto	n/a	n/a	n/a	131,159.7	66.99	none
Fortescue Metals	19.8	n/a	0.0	13,998.9	4.61	none
Aquarius Platinum	(48.7)	n/a	0.0	3,100.5	6.60	none
Liberty Resources	n/a	n/a	n/a	13.6	0.11	none

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Company Information

Company at a Glance

Company Overview

Company History

Industries Of Operation

Differentiating Factor

Major Customers & Competitors

Market Statistics

Last 5 Market Sensitive Announcements

Calendar Of Events

Directors

Management

Substantial Shareholders

Peer Recommendation Comparison

Tools

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Wealth

Go for growth assets

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