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Latest Forum Topics / Sakari  Post Reply
What happen to ST Asia
taybc1071
Senior
25-Jun-2008 20:13     
 
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 Alert Admin

update and clarification, see linked announcement

http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_37F5D4C4C8F62E4248257473001C43EA/$file/Update_on_mine_operations.pdf?openelement



EastonBay      ( Date: 24-Jun-2008 17:27) Posted:

Received this info today from remiser. ST Asia has not come out to clarify... so don't know if this info is accurate or not.

* Just had confirmation from adam worthington who has spoken with mgmt
last week,
that SAR SP Sebuku mine boundary extension decision has been delayed due
to
corruption investigation into the Indo forrestry dept (no approvals will
be
made until the investigation is complete), explaining recent and continued

underperformance.

* The mine extension approval had been slated for September, the market was

hoping for major increases to reserves and prod frm the Sebuku mine.
source: Macq
 

 



kevinski      ( Date: 21-Jun-2008 10:26) Posted:

Anybody knows y a big drop?
 Useful To Me  Not Useful To Me
PinkyGoh
Member
24-Jun-2008 21:36     
 
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 Alert Admin 		I'd checked with their IR, and they claimed that this is not true. They still expect to get the license this year.
 Useful To Me  Not Useful To Me


EastonBay
Master
24-Jun-2008 17:27     
 
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Received this info today from remiser. ST Asia has not come out to clarify... so don't know if this info is accurate or not.

* Just had confirmation from adam worthington who has spoken with mgmt
last week,
that SAR SP Sebuku mine boundary extension decision has been delayed due
to
corruption investigation into the Indo forrestry dept (no approvals will
be
made until the investigation is complete), explaining recent and continued

underperformance.

* The mine extension approval had been slated for September, the market was

hoping for major increases to reserves and prod frm the Sebuku mine.
source: Macq
 

 



kevinski      ( Date: 21-Jun-2008 10:26) Posted:

Anybody knows y a big drop?
 Useful To Me  Not Useful To Me
kevinski
Member
21-Jun-2008 10:26     
 
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 Alert Admin 		Anybody knows y a big drop?
 Useful To Me  Not Useful To Me
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