Australia's largest stock trading and investment forum Australia's #1 stock forum

MRC

Click for more information

0.00%

2.6¢ mineral commodities ltd

Failure to Submit SEA to minister, page-11

First 11 Last

Share
Profile

Follow
FjordInvest

262 Posts.

144

02/09/22

10:06

Post #: 63478946
Share

Originally posted by FjordInvest: ↑

So no news in the half yearly about the failure to submit the court ordered submission to the minister on time, or what status it is currently at?

Surely this is of serious material value?
I would have thought that MRC must release an announcement given that CER is now in a position to lodge a contempt of court writ in South Africa. This would mean that MRC will be materially in breach of the conditions they agreed to that allowed a) the section 93's to be lifted, b) the new mining licenses to be issued c) the 2 x appeals against to be stayed etc and that could now be reversed and operations potentially come to a grinding halt.

See how long their 3.8 million lasts then. They will be paying for trucks and drivers that have nothing to load if that eventuates

Perhaps when the in house counsel Handcock has time away from the shark suit planning, he could explain why he failed as in house counsel to ensure this was submitted on time.

Expand

Surely they have to announce this

MRC Price at posting: 7.9¢ Sentiment: None Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

Dale Gillham's weekly wrap: picking resilient stocks in a volatile global market

Revolutionary inverter technology leads the clean energy charge

TNC

True North increases silver metal at QLD's Vero deposit by 20%

NEU

Neuren Pharmaceuticals dips after pediatric Angelman Syndrome Phase 2 trial results fail to impress

Week 32 Wrap: AI is clearly overhyped – but did we see ‘bubble’ burst already? Plus RBA decision; Japan’s wild week & Google ruling

From the Floor with Federal Opposition Leader Peter Dutton at Diggers & Dealers 2024

Emerald & Azure score Digger & Dealer awards

Bitcoin: Current State of Play & Where to Next | Swyftx

HZR

Hazer Group reports ten days of continuous operation at graphite-manufacturing test facility

TKM

Trek Metals jumps 5% as gold & REE drill run kicks off at Christmas Creek in the Kimberley

There are more pages in this discussion • 2 more messages in this thread...

First 11 Last

Add MRC (ASX) to my watchlist