Conference Day One: Tuesday 30 October 2012

8.30 Registration and Welcome Coffee

9.00 Opening Remarks from the Chairman

9.10 Opening Keynote: Cross Border Case Study: Merger with a Canadian Company by Scheme of Arrangement

  • Merger of Galaxy Resources with Lithium One
  • Scheme of arrangement
  • Exchange share structure
  • Outlining the merger process

Iggy Tan
Managing Director
GALAXY RESOURCES

9.50 Event Partner Speaking Spot

10.30 Morning Refreshments and Networking Break

11.00 Value Drivers behind the Current Market Developments

  • Discussing how the current general instability is driving mining industry consolidation
  • Evaluating government restrictions as an accelerator for acquisitions, mergers and divestments
  • Identifying the impact of growing demands towards emerging markets on the industry

Euan Morton
Principal
SYNERGIES ECONOMIC CONSULTING

11.40 Maintaining Competition in the Mining and Metals Sector

  • Outlining competition law requirements for mergers and acquisitions in the mining and metals sector
  • How the ACCC reviews mergers and acquisitions
  • Recent ACCC reviews in the mining and metals sector
  • Evaluating current issues in Australian merger law

Rose Webb
Executive General Manager Mergers and Adjudication Group
ACCC

12.20 Lunch and Networking Break

13.20 Case Study: Getting Started with Effective Due-Diligence – Developing K nowledge of Target and Team Capability

  • Educating yourself on the target, understanding the business complexity and its drivers, potential synergies and benefits.
  • Setting the groundwork by efficiently analysing, valuing and performing preliminary through to final due-diligence on the target
  • Forming a highly capable team of informed specialists to answer the required questions
  • Geological, mining, equipment, environmental, infrastructure, legal, industrial relations, commercial and economic issues
  • Ensuring all dimensions are effectively assessed to deliver value and minimise risk in the business plan

Tim Mortimer
B Eng Mining and Masters Mineral & Energy Economics

Grant Russell
Chartered Accountant

14.00 Case Study: Performing Valuations of Potential Partner Projects and Aligning this with Company Objectives

  • Conducting a thorough valuation of the potential prospects to narrow down the list of targets
  • Matching the results to your own company objectives and growth strategies
  • Performing internal valuations to match results with the valuations of prospects
  • Choosing the most suitable targets and synergies

Glen Darby
Managing Director
CONDOR BLANCO MINES LTD

14.40 Afternoon Refreshments and Networking Break

15.10 Case Study: Insights into Mergers & Acquisitions in The Mining Industry – A Mature Company Perspective

  • Build vs. Buy – Assessing where we are in the M&A cycle
  • Creating real value – Overcoming the “hurdle” without false synergies
  • Other considerations and necessary risk analysis

Cody Whipperman
General Manager - Business Development Iron Ore
RIO TINTO

15:50 Panel Discussion: How to Identify Best Market Opportunities

  • Identifying an effective inorganic growth strategy – acquiring or merging?
  • Deciding whether to look at national and international prospects
  • Building your internal team to work on growth strategies, duediligence and negotiations
  • How to get started – putting together an action plan to ensure no crucial details are missed

Panelists:

Cody Whipperman
General Manager - Business Development Iron Ore
RIO TINTO

Euan Morton
Principal
SYNERGIES ECONOMIC CONSULTING

Iggy Tan
Managing Director
GALAXY RESOURCES

Tim Mortimer
B Eng Mining and Masters Mineral & Energy Economics

16.30 Close of Conference Day 1

16.35 Drinks Reception

17.30 Workshop A: Conducting Effective Valuation and Due-Diligence

Euan Morton
Principal
SYNERGIES ECONOMIC CONSULTING