Ann: Response to ASX Appendix 5B Query, page-16

Who really knows what they can sell? But it appears they cannot sell CXU and FEL

At 06-Jun-2018 Dempsey (CFE) has 19.35% of the ASX listed but long time suspended IGS

Dempsey at 20-Apr-2018 also has 1.64% of the really long time suspended NSX listed IOP

Also

“Subsequent to the year end, on 31 July 2018, the Company reached an out of court settlement with the ATO. Underthe terms of the settlement, the Company has, on a without admission of liability basis, agreed to make finalsettlement payments to the ATO totalling $5,203,442 following the issue of amended assessments for each of therespective income tax years in dispute. Included in the settlement is a shortfall interest component of $790,000. Thesettlement is payable over 5 years until March 2023. Under the terms of the settlement, the Company retains allcarry forward losses.


The Company’s wholly owned subsidiary, Dempsey Resources Pty Ltd (Dempsey), has agreed to provide the ATO withsecurity over its shareholdings in Fe Limited and Cauldron Energy Ltd as collateral.” (FEL & CXU)


https://hotcopper.com.au/threads/an...4475127/page-43?post_id=36525250#.XAL6_aTZWEc