It appears that the PIOP Mine Co and BBI Rail (BBIG) are the respondents against whom proceedings are being initiated in the Wardens Court.
It appears the applicants who initiated proceedings against PIOP Mine Co are Hamersley Iron (Rio Tinto), Rocklea Station, Forge Resources, Coolawanyah Pastoral, Mining Equities Pty Ltd (Peter Gianni) and Robe River Mining (Rio Tinto).
It appears that the proceedings against BBI Rail (BBIG) have been initiated by Hamersley Iron (Rio Tinto).
In appears that the PIOP Mine Co leases that are subject of proceedings are PIOP Mine Co E47/4983, E47/4984, L47/1116, L47/1117, L47/1118, L47/1119, L47/1120, L47/1121, L47/1122.
The BBI Rail (BBIG) leases the subject of proceedings are E47/4980, E47/4981 and E47/4982.
It also looks like we may have inherited some additional mining leases, with high grade iron ore on them, adjacent to RIO Tinto mines, as part of the handover of PIOP Mine Co, that seems to be currently held by RHK.
The above information may be incorrect, so please take this into consideration.
If true, I would expect that RHK should provide as ASX announcement ASAP to clear up any misunderstandings.
More than happy to be wrong if this analysis is not accurate.
It appears that the PIOP Mine Co and BBI Rail (BBIG) are the...
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Last
92.5¢ |
Change
0.035(3.93%) |
Mkt cap ! $184.8M | |||
| Open | High | Low | Value | Volume |
| 89.0¢ | 92.5¢ | 89.0¢ | $41.58K | 46.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3181 | 89.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 93.0¢ | 10000 | 1 |
View Market Depth
| Last trade - 16.10pm 06/06/2024 (20 minute delay) ? |
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Last
92.0¢ |
Change
0.035 ( 2.79 %) |
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| Open | High | Low | Volume | ||
| 89.5¢ | 92.0¢ | 89.0¢ | 2959 | ||
| Last updated 15.58pm 06/06/2024 ? | |||||
| RHK (ASX) Chart |