Here is some news reports from the Japan-based Nikki Review
https://asia.nikkei.com/Markets/Nik...g-Offers-To-Takeover-Australia-s-Primary-Gold
The Hanking Company website indicates they have holdings in Iron Ore, Gold and Nickel, are based in Hong Kong but incorporated in the Cayman Islands.
http://www.hankingmining.com/overview
The main Australian operation was at Southern Cross in Yilgarn, which they acquired in 2013 and sold in 2017.
They presented at Diggers and Dealers in 2016
http://diggersndealers.com.au/wp-content/uploads/2016/08/f3d1ed_8d87b9248a4844789c5335e40d7632d5.pdf
Mark Qui is on the board of Hanking, is managing Director of Hanking Australia, and is on the board of PGO. I presume in these cases a board member would declare a conflict of interest and remove themselves from Board deliberations. The Corporations Act requires this but there are also a number of exceptions too complicated for me to understand.
cheers
ece
Here is some news reports from the Japan-based Nikki Review...
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Last
15.5¢ |
Change
-0.005(3.13%) |
Mkt cap ! $13.04M | |||
| Open | High | Low | Value | Volume |
| 15.5¢ | 15.5¢ | 15.5¢ | $20.08K | 129.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1471 | 15.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.5¢ | 20000 | 1 |
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| Last trade - 15.11pm 03/05/2024 (20 minute delay) ? |
| PGO (ASX) Chart |