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July 2009 Update This presentation (Presentation) has been prepared - PowerPoint PPT Presentation

July 2009 Update This presentation (Presentation) has been prepared by Finders Resources Limited (Finders) based on information available to it and from third party sources. By retaining this Presentation, you (the Recipient) acknowledge and


  1. July 2009 Update

  2. This presentation (Presentation) has been prepared by Finders Resources Limited (Finders) based on information available to it and from third party sources. By retaining this Presentation, you (the Recipient) acknowledge and represent to Finders that you have read, understood and accepted the terms of this Important Notice. If you do not accept these terms, you should immediately destroy or delete this Presentation. This Presentation does not purport to contain all the information that a prospective investor may require in connection with any potential investment in Finders. You should not treat the contents of this Presentation, or any information provided in connection with it, as financial advice, financial product advice or advice relating to legal, taxation or investment matters. No representation or warranty is made by Finders or any of its advisers, agents or employees as to the accuracy, completeness or reasonableness of the information contained in this Presentation or provided in connection with it. No information contained in this Presentation or any other written or oral communication in connection with it is, or shall be relied upon as, a promise or representation and no representation or warranty is made as to the accuracy or attainability of any estimates, forecasts or projections set out in this Presentation. No liability will attach to Finders with respect to any such information, estimates, forecasts or projections. Finders does not accept responsibility or liability for any loss or damage suffered or incurred by you or any other person or entity however caused (including, without limitation, negligence) relating in any way to this Presentation including, without limitation, the information contained in or provided in connection with it, any errors or omissions from it however caused (including without limitation, where caused by third parties), lack of accuracy, completeness, currency or reliability, or you or any other person or entity placing any reliance on this Presentation, its accuracy, completeness, currency or reliability. Finders does not accept any responsibility to inform you of any matter arising or coming to Finders' notice after the date of this Presentation which may affect any matter referred to in this Presentation. Any liability of Finders, their advisers, agents and employees to you or to any other person or entity arising out of this Presentation including pursuant to the Australian Securities and Investments Commission Act 2001, Corporations Act 2001, Part IVA or V (including sections 51AA, 51AB, 51AC, 52 or 53) of the Trade Practices Act 1974 or any corresponding provision of any state or territory legislation, or similar provision under any applicable law is, to the maximum extent permitted by law, expressly disclaimed and excluded. The distribution of this Presentation may be restricted by law in certain jurisdictions. Recipients and any other persons who come into possession of this Presentation must inform themselves about, and observe any such restrictions. Future matters: This Presentation contains reference to certain intentions, expectations, future plans, strategy and prospects of Finders. Those intentions, expectations, future plans, strategy and prospects may or may not be achieved. They are based on certain assumptions, which may not be met or on which views may differ and may be affected by known and unknown risks. The performance and operations of Finders may be influenced by a number of factors, many of which are outside the control of Finders. No representation or warranty, express or implied, is made by Finders, or any of its directors, officers, employees, advisers or agents that any intentions, expectations or plans will be achieved either totally or partially or that any particular rate of return will be achieved Given the risks and uncertainties that may cause Finders' actual future results, performance or achievements to be materially different from those expected, planned or intended, Recipients should not place undue reliance on these intentions, expectations, future plans, strategy and prospects. Finders does not warrant or represent that the actual results, performance or achievements will be as expected, planned or intended.

  3. STATEMENTS The info e information rmation in this p in this pres esentatio entation that re that relates mineral resource estima s mineral resource estimation is based on work tion is based on work � complet completed by Dr Philli d by Dr Phillip Hellman w p Hellman who i o is a f a full ll time employee of Hellman a time employee of Hellman and Schofield Pty Ltd d Schofield Pty Ltd and a m and a member of the Australasia mber of the Australasian Insti Institute of Mi ute of Mini ning a and M d Metallurg tallurgy. Dr Hellman ha . Dr Hellman has s sufficient cient experience which is relevant experience which is relevant to the style of mi to the style of mineralisat neralisation on and type of de and type of deposit posit under under consideration and to the activity consideration and to the activity which he is undertaking to qu which he is undertaking to qualify as a Competent Person as alify as a Competent Person as defined in the 2004 Edition of the ‘Austra defined in the 2004 Edition of the ‘Australasia asian Code for Repor n Code for Reporting of E g of Exploration Result ploration Results, s, Mineral Resources and Ore Reserves’ Mineral Resources and Ore Reserves’ and as a Qu nd as a Qualified Person as defined in the AIM Ru alified Person as defined in the AIM Rules. les. Dr Hellman consents to the incl Dr Hellman consents to the inclusi usion i on in the report the report of the mat of the matters based on h ers based on his i s inform formation i ation in the form and context in which it the form and context in which it appears. Estimates for Kali appears. Estimates for Kali Kuni Kuning ng are based on a dat are based on a data set set from which some diamond drill ho from which some diamond drill holes have been les have been excluded due to poor excluded due to poor recovery of copper recovery of copper mi mineralisat neralisation as evidenced by nei on as evidenced by neighbouri hbouring RC holes. ng RC holes. Geological inform Geological i formation i ation in t this a announcement a nouncement and comments relatin d comments relating to to exp explor oration potentia ation potential l � and the project in general is ba and the project in general is based on i sed on information compiled by formation compiled by Dr Russell Fountai Dr Russell Fountain, who also , who also accepts responsibility for the data accepts responsibility for the data on wh on which the resource i ich the resource is b based. Dr Fountain i sed. Dr Fountain is a Director of a Director of Finders and a Fello Finders and a Fellow of th w of the Australasian Ins e Australasian Institute of Geoscien itute of Geoscientists. Dr Fountain has sufficient tists. Dr Fountain has sufficient experience that is relevant to the styles of experience that is relevant to the styles of mi mineralisat neralisation and types of deposit on and types of deposits under under consideration and to the activity that he is consideration and to the activity that he is undertaki undertaking to qualify a g to qualify as Com Competent Person as etent Person as defi defined i ned in the JORC Code. He consents to the the JORC Code. He consents to the inclusion in this announcement of the matters inclusion in this announcement of the matters based on his information in the form based on his information in the form and context in which they appear. and context in which they appear.

  4. � Wetar Copper Project Wetar Copper Project (94% and earning) (94% and earning) � 8.8 Mt @ 2.4% Cu, open pit heap leach � Demonstration Phase � Operating successfully since Feb 2009 � Feasibility Study due end August 2009 � Brownfield’s expansion to 20-25,000t cathode per year from 2010 � Ojolali Gold-Silver Project (72% with option) Ojolali Gold-Silver Project (72% with option) � 1m Oz Au eq. indicated/inferred resources, growth upside

  5. Capital Structure Capital Structure Ordinary shares (ASX + AIM) 115.5M Current Price (29July 2009) A$0.345 Market Capitalisation A$40M Options (Unlisted) 4,875,000 Convertible Notes (conversion 2012, 12%, $0.375 par value) US$1.5M Meridian Loan US$5.1M Cash (at 30 June 2009) *includes Forward Sales A$1.5M 12 month share price range (Low/High) $0.21/$0.94 Ow Owners nership ip Percentage (%) Owners Percentage (%) Ownership ip ACORN CAPITAL LTD 7.8 RESOURCE CAPITAL FUND IV L P 7.7 LUJETA PTY LTD 7.4 EXSOLUTIONS PTY LTD 6.4 DR CHRISTOPHER BEN FARMER 5.2 MR IAN DAVID NEUSS 4.9

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