CLA 7.14% 1.3¢ celsius resources limited.

Change of Director’s Interest Notice, page-13

  1. 7,950 Posts.
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    Well aware it differs per company and now have the link for the company. Refer to Page 38.

    http://www.celsiusresources.com.au/...02/0213_Celsius_Corporate_Governance_Plan.pdf
    ===================================
    Page 38
    Blackout Periods
    In addition to the prohibitions on insider trading set out in the Corporations Act, the
    Company requires that directors, officers and employees must not trade in the
    Company's securities in the following periods:
    (a) In the five (5) business days prior to, and the day of the release of the
    Company’s Annual Financial Report;
    (b) In the five (5) business days prior to, and the day of the release of the
    Consolidated Interim Financial Report of the Company; and
    (c) In the five (5) business days prior to, and the day of the release of the
    Company’s quarterly reports,
    ===================================

    So in summary, Brendan has in no way contravened his companies polices which is great. However I am still of the opinion that the policy should also include restrictions on trading when price sensitive announcements come out.

    Now lets get back to mining and finding Cobalt

    Changed my sentiment to Hold at this stage.
 
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