Australia's largest stock trading and investment forum Australia's #1 stock forum

AMG

Click for more information

0.00%

5.1¢ ashby mining limited

Slight Conflict of Interest, page-4

First 4 Last

Share
Profile

Follow
h00ts

35,875 Posts.

3285

07/03/19

13:34

Post #: 37685475
Share

Originally posted by Blake Stone ↑

Tell me how this works, Round Oak minerals is a subsidiary of WH Soul Pattison. Soul Patts and Newcrest have a JV called the EXCO JV which is drilling on the boundary of Ausmex mining Leases. So far only rumours of a major discovery as Newcrest have not released results even after drilling since August 2018. Soul Patts also in JV with Ausmex with Aumex at 80%. So Soul Patts sees both lots of results. If they take sides this will be bad for the other. This is a major conflict of interest. I see Ausmex in a trading pause today then a trading halt. A pause means it’s not Ausmex calling the stop in trading, but the ASX. So obviously a bit of conflict. I can’t see how a company like Souls can have access to both lots of inside info. What you all think.

Expand

Pause in trading is standard ASX MO since August last year

https://www.asx.com.au/resources/newsletters/listed_at_asx/listed-at-asx-20180919_0818.html

Last edited by h00ts: 07/03/19

AMG Price at posting: 8.0¢ Sentiment: None Disclosure: Not Held
3 Upvote

0 Great analysis

Reply

Top Stories

WC8

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

ACW

This biotech stock raised $11M in a risk-off environment. Its Alzheimer's drug could change the game

History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025

CXM

'Taking money from the market': Garbage giant cleans up as this week's Hot Stock tip

MIN

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

There are more pages in this discussion • 39 more messages in this thread...

First 4 Last

Add AMG (ASX) to my watchlist