Nucoal Resources produced what could have been a stunning 94% return today if its share price had not previously fallen to less than 10% of where it had been a year ago. The volume traded was the second largest daily turnover on record for the stock but still only 3%... Show More
The latest NSW ICAC report imposes an impossible due diligence standard on investors. According to the counsel advising ICAC We would not go so far as to describe Mr Macdonald's decision to grant the exploration licence to DCM as so unreasonable that no reasonable decision-maker could have so decided ........ Show More
Wednesday will be a big day for the New South Wales Mining industry and Nucoal Resources. The state's ICAC plans to release its recommendations about what action should be taken by the NSW government to amend the Mining Act and whether the government should commence legal proceedings against any company... Show More
Any company trying to do business in NSW should seek an indemnity to cover the possibility of a government official being a crook. That is the message from the Nucoal saga. If there is no indemnity, go somewhere else. Despite acting in accordance with all of what the NSW government... Show More