Mr O’Keeffe is well known within the resources industry world-wide. He is currently the Executive Chairman of Champion Iron Limited (ASX: CIA), an iron ore exploration and development company with properties located in Canada and previously was the Executive Chairman of Riversdale Mining Limited, a coal exploration and development company with projects in the United States and Canada prior to that Company being acquired by Rio Tinto PLC in April 2011. Mr O’Keeffe was also the Managing Director of Glencore Australia Limited from 1995 to 2004, a company involved in a range of commodities with projects located across Australia. Mr O’Keeffe will bring a wealth of experience to EHR Resources Limited as it pursues a new direction within the resources sector.
At the end of the Quarter, the Company had cash reserves of $6.09 million which included $1.524 million of the proceeds from the Offer. Subsequent to the Quarter on 6 July 2017, the Offer under the Prospectus closed and the Company raised the maximum of $2 million.
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that is talking back up management records and certainly Mr O'keeffe has a history of stunning records.. he was used to MD of Glencore Australia, should be sufficient networks in the resource and mining industry OZ...
EHX MC is only $7.3m at 7.1c, so its EV is merely $1.2m and they recently done a $2m CR at 7c...
first hour trading already 4.8m include Chx with average 7.1c....
should be a top competitor among the rest OZ goldy juniors...
