CQT 0.00% 51.5¢ conquest mining limited

positive write up in saturdays afr, page-36

  1. 977 Posts.
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    Hi Perivale. I was at the AGM and i do not remember him saying that GF's do not have to disclose. Actually I think if you ring the company you will be informed that they have to inform CQT of all results within 6 weeks of them getting them.
    There is no way that GF's would have got such a sweet deal because remember until they drill 150,000 m they own nothing it is CQT's ground. Not even the most dumbest of management would have allowed that to occur.

    Gf's does not have to declare anything to the ASX as they are not listed and are only required to report 6 monthly I think. However as CQT owns at least 50% they are required to continually report any price sensitive results.

    Could you imagine the legal action if GF's had a tilt at CQT and after everything was all over announced a huge ore body. The easiest case of insider trading you could get. No I am pretty sure that they are required to give CQT all results when they become available.
 
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