Tournigan Energy Ltd. (TVC) - Financial and Strategic SWOT Analysis
Review
Reference Code: GDNE65838FSA Publication Date: MAY 2011
Unit 1 - 15782 Marine Drive Phone +1 604 5362711 Revenue NA
White Rock, BC Fax +1 604 5362788 Net Profit -7.06 (million CAD)
V4B 1E6 Website www.tournigan.com Employees 20 (Estimated)
Canada Exchange TVC [TSX Venture Exchange] Industry Nuclear Energy
Company Overview
Tournigan Energy Ltd. (Tournigan) is a mineral exploration company, engaged in the acquisition, exploration and development of
uranium properties. The company carries out major operations in mineral-rich European and North America. Its principal project
is the Kuriskova project in Slovakia. It is one of the prospective areas in the world that contain highest grade of uranium deposits.
Currently, Kuriskova uranium deposit hosts a resource of 28.5 million pounds U3O8 indicated contained in 2.3 million tones at
0.555% U3O8 and 12.7 million pounds U3O8 inferred contained in 3.1 million tones at 0.185% U3O8; cut-off of 0.05%U.
Key Executives SWOT Analysis
Name Title Tournigan Energy Ltd., SWOT Analysis
Dorian L. Nicol Chief Executive Officer Strengths Weaknesses
Michael J. Hopley Chairman
Prospective Kuriskova Project History of Losses
Hein Poulus Director
Peter Bojtos Director Strong Liquidity Position
Rex McLennan Director
Source: Annual Report, Company Website, Primary and Secondary Research,
GlobalData
Opportunities Threats
Share Data
Favorable Trends in Slovakia Foreign Exchange Risks
Tournigan Energy Ltd.
Share Price (CAD) as on 18-May-2011 0.15 Increasing Demand for Extensive Mining Regulations
-0.07 Uranium
EPS (CAD)
Market Cap (million CAD) 33
Enterprise Value (million CAD) 17
Source: Annual Report, Company Website, Primary and Secondary
Research, GlobalData
Shares Outstanding (million) 194
Source: Annual Report, Company Website, Primary and Secondary Research,
GlobalData
Financial Performance Recent Developments
Apr 26, 2011 Tournigan Energy Provides Update On
Resource Estimate For Kuriskova
Uranium Deposit
Apr 08, 2011 Tournigan Energy Elects Philip Williams
To Board
Feb 02, 2011 Tournigan Energy Announces Drilling
Update On Kuriskova Uranium Deposit In
Slovakia
Jan 18, 2011 Tournigan Energy Provides Drilling
Source: Annual Report, Company Website, Primary and Secondary Research,
GlobalData Update On Kuriskova Uranium Deposit In
Slovakia
Jan 06, 2011 Tournigan Energy Updates On Test Work
At Kuriskova Uranium Deposit
Source: Annual Report, Company Website, Primary and Secondary
Research, GlobalData
Tournigan Energy Ltd. (TVC) - Financial and Strategic SWOT Analysis Review Reference Code: GDNE65838FSA
Source : www.globalcompanyintelligence.com Page 1
Table of Contents
Table of Contents........................................................................................................................................................................................................... 2
List of Tables .................................................................................................................................................................................................................. 4
List of Figures................................................................................................................................................................................................................. 4
Section 1 - About the Company ..................................................................................................................................................................................... 5
Tournigan Energy Ltd. - Key Facts ................................................................................................................................................................................ 5
Tournigan Energy Ltd. - Key Employees ....................................................................................................................................................................... 6
Tournigan Energy Ltd. - Key Employee Biographies ..................................................................................................................................................... 7
Tournigan Energy Ltd. - Major Products and Services .................................................................................................................................................. 8
Tournigan Energy Ltd. - History ..................................................................................................................................................................................... 9
Tournigan Energy Ltd. - Company Statement.............................................................................................................................................................. 11
Tournigan Energy Ltd. - Locations And Subsidiaries ................................................................................................................................................... 13
Head Office............................................................................................................................................................................................................ 13
Other Locations & Subsidiaries ............................................................................................................................................................................. 13
Section 2 – Company Analysis .................................................................................................................................................................................... 14
Tournigan Energy Ltd. - Business Description............................................................................................................................................................. 14
Tournigan Energy Ltd. - SWOT Analysis ..................................................................................................................................................................... 15
SWOT Analysis - Overview ................................................................................................................................................................................... 15
Tournigan Energy Ltd. - Strengths......................................................................................................................................................................... 15
Strength - Prospective Kuriskova Project........................................................................................................................................................ 15
Strength - Strong Liquidity Position................................................................................................................................................................. 15
Strength - Experienced Management Team ................................................................................................................................................... 15
Tournigan Energy Ltd. - Weaknesses ................................................................................................................................................................... 15
Weakness - History of Losses......................................................................................................................................................................... 15
Tournigan Energy Ltd. - Opportunities................................................................................................................................................................... 16
Opportunity - Favorable Trends in Slovakia.................................................................................................................................................... 16
Opportunity - Increasing Demand for Uranium ............................................................................................................................................... 16
Opportunity - New Zone of Mineralization....................................................................................................................................................... 16
Tournigan Energy Ltd. - Threats............................................................................................................................................................................ 16
Threat - Foreign Exchange Risks.................................................................................................................................................................... 16
Threat - Extensive Mining Regulations ........................................................................................................................................................... 16
Threat - Highly Competitive Market................................................................................................................................................................. 16
Tournigan Energy Ltd. - Key Competitors.................................................................................................................................................................... 18
Section 3 – Company Financial Ratios ........................................................................................................................................................................ 19
Financial Ratios - Capital Market Ratios................................................................................................................................................................ 19
Financial Ratios - Annual Ratios............................................................................................................................................................................ 19
Performance Chart ................................................................................................................................................................................................ 20
Financial Performance........................................................................................................................................................................................... 20
Financial Ratios - Interim Ratios............................................................................................................................................................................ 21
Financial Ratios - Ratio Charts .............................................................................................................................................................................. 22
Section 4 – Company’s, Power Financial Deals and Alliances .................................................................................................................................... 23
Tournigan Energy Ltd., Power, Deals By Year, 2005 to YTD 2011....................................................................................................................... 23
Tournigan Energy Ltd., Power, Deals By Type, 2005 to YTD 2011 ......