Thank you for your email dated 9 May 2013 to our Company Secretary: Tom Bloomfield at Boardroom Pty Limited regarding the status of Compass Resources Limited (CMR). Tom has now forwarded it to us.
We regret that there has been no correspondence with Compass shareholders for some time and only a few announcements (please find the latest enclosed). There is no near-term prospect of trading on ASX re-commencing in CMR shares until the company’s debt-laden balance sheet is recapitalised. We are presently in drawn out negotiations to try to achieve this, but the company’s situation has not yet been resolved.
CMR Price at posting:
15.0¢ Sentiment: None Disclosure: Held
