Mr Andrew Poole and Mr Craig Ransley, if you don't know who they are just google 'Eddie Obeid' or 'Ian McDonald or another word that might begin with 'C'. You'll get what I mean. Anyway..
Remember guys, at the middle right of page 2 of the September Quarterly Activities Report released on the 31/10/13. It reads nicely, slipped in as a matter of fact...
"The results of the Springsure project JORC update may result in an indicated resource that may trigger a payment (in shares or cash) under the Share Purchase Agreement with Resco Projects Pty Ltd."
Mr Andrew Poole and Mr Craig Ransley (co-founders of ResCo Services)
The Land- 5th Sep 2013 ICAC finds Doyles Creek corruption
“The commission also recommended the Commonwealth DPP consider prosecution of Mr Maitland, Mr Ransley and Mr Poole for offences under the Corporations Act and the NSW Crime Commission consider potential seizure of their assets under proceeds of crime laws.”
SMH- June 9th, 2012 Nucoal delivers Poole of riches in sale
“IT'S the mine that keeps on giving. Prominent Newcastle businessman Andrew Poole has become the latest to make a fortune out of controversial Nucoal Resources, developer of the Doyles Creek mine in the Hunter Valley, after selling 30 million shares for $7.8 million on Thursday.” ....“Mr Poole is a director of ResCo Services”
The Herald- May 14th, 2013 ICAC: Poole in it for money
“A NEWCASTLE businessman sought to make the ‘‘biggest profit’’ he could through his company obtaining an exploration licence directly from resources minister Ian Macdonald rather than a tender process, an inquiry has heard.”... “Mr Poole co-founded ResCo Services, which became Doyles Creek Mining, with fellow Novocastrian Craig Ransley”... “Mr Poole agreed yesterday he and Mr Ransley were ‘‘in it for the money’’ and planned to sell once they had built up an asset. NuCoal subsequently acquired their company.”
Read the middle one again (SMH- June 9th, 2012), The current nucoal share price is less than a third than when Mr Andrew Poole got out. And you though Christopher Skase and Eddy Groves were bad. Just my opinion.. Enjoy the reading just as much their enjoying our money.
GUF Price at posting:
8.3¢ Sentiment: LT Sell Disclosure: Not Held
