STEELE RESOURCES CORP (SELR) [Rocket]

In millions, except per share items	Dec-31-13	Dec-31-12	Dec-31-11	Dec-31-10	Dec-31-09	Dec-31-08	Dec-31-07
	10-K	10-K	10-K	10-K	10-K	10-K	10-K
Revenues	-0.3	0.0	0.5	0.0	0.0	0.0	0.0
Revenue growth		-100.0%		-100.0%	0.0%
Cost of goods sold	0.0	0.0	0.3	0.1	0.1	0.0	0.0
Gross profit	-0.3	0.0	0.2	-0.1	-0.1	0.0	0.0
Gross margin	100.0%		35.6%		-1336350.0%	-302800.0%
Selling, general and administrative [+]	0.2	0.9	1.3	0.6	0.0	0.0
Sales and marketing				0.2
General and administrative [+]	0.2	0.9	1.3	0.5			0.0
General and administrative expenses	0.2	0.9	1.3
Other selling, general and administrative				0.2
Other operating expenses [+]	0.2	0.4	1.0
Exploration expenses		0.4	1.0
EBITDA [+]		-1.3	-2.0
EBITDA growth	-48.5%	-38.5%	160.4%	880.1%	341.2%	-20.3%
EBITDA margin	203.6%		-385.3%		-1336450.0%	-302900.0%
Depreciation and amortization		0.0	0.0
EBIT [+]	-0.6	-1.3	-2.1	-0.8	-0.1	0.0	0.0
EBIT growth	-50.0%	-36.9%	161.7%	880.1%	341.2%	-20.3%
EBIT margin	203.6%		-387.3%		-1336450.0%	-302900.0%
Non-recurring items [+]	-0.5
Loss (gain) on sale of assets	-0.5
Interest expense	0.2	0.7	0.5	0.0
Interest expense	0.2	0.7	0.5	0.0
Other income (expense), net [+]	0.2	0.2			0.0	0.0
Unrealized gain/loss on derivatives	0.3	-0.2
Other	0.0	0.5
Pre-tax income	-0.1	-1.8	-2.6	-0.8	-0.1	0.0	0.0
Income taxes	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Tax rate	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Net income	-0.1	-1.8	-2.6	-0.8	-0.1	0.0	0.0
Net margin	37.2%		-487.9%		-1336350.0%	-302800.0%

Basic EPS [+]	$0.00	($0.03)	($0.07)			$0.00	($2.28)
Growth	-95.5%	-59.0%				-99.9%
Diluted EPS [+]	$0.00	($0.03)	($0.07)			$0.00	($2.28)
Growth	-95.5%	-59.0%				-99.9%

Shares outstanding (basic) [+]	93.0	63.1	37.7			11.2	0.0
Growth	47.3%	67.5%				111554.1%
Shares outstanding (diluted) [+]	93.0	63.1	37.7			11.2	0.0
Growth	47.3%	67.5%				111554.1%

EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.