The situation at the end of July 2017
51 million shares on issue
Directors same as OXX and ENX namely
Geoffrey Albers / Raewyn Clark / Peter Armitage
No viable projects left ( see excerpt from quarterly reproduced below)
In June 2017, following the March 2017 change of government of Western Australia to the Mark McGowan led Labor Party, the McGowan government implemented a ban on uranium mining on all future granted mining leases in Western Australia. Peako is reviewing its exploration work program as a consequence of this ban.
SC6 (Cadlao) - Cadlao Oilfield Re-development Project, the Philippines
Since the last Quarterly Report there have been no developments and no activity in relation to the Cadlao interests. The investment has been previously fully impaired. The Company will cease reporting on this interest.
New direction coming?
The situation at the end of July 2017 51 million shares on issue...
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