Admiralty Resources NLACN 010 195 972GPO Box 517, Melbourne...

Admiralty Resources NL
ACN 010 195 972
GPO Box 517, Melbourne 3001
Level 14, 200 Queen Street, Melbourne
[t] +61 3 9642 8787
[f] +61 3 8677 6949
www.ady.com.au
25 September 2008
Ms Frances Finucan
Senior Adviser
ASX Markets supervision Pty Ltd
Level 5, Riverside centre,
123 Eagle Street
Brisbane QLD 4000
Dear Ms Finucan,
Re: Price Query
We have received your letter dated 24 September 2008 by email regarding the topic Price Query and
that lists a number of questions. Our response to these questions is set out below:
1. The Company is not aware of any information concerning it has not been announced, which,
if known could be an explanation for recent trading in securities of the Company.
2. The answer to question one is no.
3. The company is not aware of other reason, which if known, would provide an explanation for
the price change and increase in volume in the securities of the Company.
4. We confirm that the Company is in compliance with the listing rules and, in particular, listing
rule 3.1.
Yours faithfully,
Stephen C. Prior
Company Secretary
ASX Markets Supervision Pty Ltd
ABN 26 087 780 489
Level 5
Riverside Centre
123 Eagle Street
Brisbane QLD 4000
PO Box 7055
Riverside Centre
Brisbane QLD 4001
Telephone 61 (07) 3835 4000
Facsimile 61 (07) 3832 4114
Internet http://www.asx.com.au
24 September 2008
Mr Stephen Prior
Company Secretary
Admiralty Resources NL
Level 14
200 Queen Street
MELBOURNE VIC 3000
By email: [email protected]
Dear Mr Prior
Admiralty Resources NL (the “Company”)
RE: PRICE QUERY
We have noted a change in the price of the Company’s securities from a close of 7.2 cents on Tuesday, 23 September 2008
to a high of 9.7 cents today. We have also noted an increase in the volume of trading in the securities over this period.
In light of the price change and increase in volume, please respond to each of the following questions.
1. Is the Company aware of any information concerning it that has not been announced which, if known, could be an
explanation for recent trading in the securities of the Company?
2. If the answer to question 1 is yes, can an announcement be made immediately? If not, why not and when is it
expected that an announcement will be made?
Please note, if the answer to question 1 is yes and an announcement cannot be made immediately, you need to
contact us to discuss this and you need to consider a trading halt (see below).
3. Is there any other explanation that the Company may have for the price change and increase in volume in the
securities of the Company?
4. Please confirm that the Company is in compliance with the listing rules and, in particular, listing rule 3.1.
Your response should be sent to me by e-mail at [email protected] or by facsimile on facsimile number
(07) 3839 4114. It should not be sent to the Company Announcements Office.
Unless the information is required immediately under listing rule 3.1, a response is requested as soon as possible and, in
any event, not later than half an hour before the start of trading (ie before 9.30 a.m. E.S.T) on Thursday,
25 September 2008.
Under listing rule 18.7A, a copy of this query and your response will be released to the market, so your response should be
in a suitable form and separately address each of the questions asked. If you have any queries or concerns, please contact
me immediately.
ADY2008.09.24pq-ff Page 1 of 2
Listing rule 3.1
Listing rule 3.1 requires an entity to give ASX immediately any information concerning it that a reasonable person would
expect to have a material effect on the price or value of the entity’s securities. The exceptions to this requirement are set
out in listing rule 3.1A.
In responding to this letter you should consult listing rule 3.1 and Guidance Note 8 – Continuous Disclosure: listing rule 3.1.
If the information requested by this letter is information required to be given to ASX under listing rule 3.1 your obligation is to
disclose the information immediately.
Your responsibility under listing rule 3.1 is not confined to, or necessarily satisfied by, answering the questions set out in this
letter.
Trading halt
If you are unable to respond by the time requested, or if the answer to question 1 is yes and an announcement cannot be
made immediately, you should consider a request for a trading halt in the Company’s securities. As set out in listing rule
17.1 and Guidance Note 16 – Trading Halts we may grant a trading halt at your request. We may require the request to be
in writing. We are not required to act on your request. You must tell us each of the following.
• The reasons for the trading halt.
• How long you want the trading halt to last.
• The event you expect to happen that will end the trading halt.
• That you are not aware of any reason why the trading halt should not be granted.
• Any other information necessary to inform the market about the trading halt, or that we ask for.
The trading halt cannot extend past the commencement of normal trading on the second day after the day on which it is
granted. If a trading halt is requested and granted and you are still unable to reply to this letter before the commencement
of trading, suspension from quotation would normally be imposed by us from the commencement of trading if not previously
requested by you. The same applies if you have requested a trading halt because you are unable to release information to
the market, and are still unable to do so before the commencement of trading.
If you have any queries regarding any of the above, please let me know.
Yours sincerely,
Frances Finucan
Senior Adviser, Issuers (Brisbane)
Direct Line: (07) 3835 4017
Copy Mr Phil Thomas
Managing Director
ADY2008.09.24pq-ff Page 2 of 2