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ASF formally launches Rey Resources board spill

Rey Resources has received a formal requisition from major shareholder ASF Group to convene a meeting of shareholders to remove several of the company’s directors.

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West Perth
All the directors of Rey Resources have seriously erred in their judgement by pushing a coal mine in the iconic Fitzroy River valley in the Kimberley. Vandalising our natural heritage to enable fossil fuel extraction is not a business strategy that should be rewarded or encouraged.

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Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 31/12/18

1 year TSR5 year TSR
335thImage Resources-12%-4%
357thRey Resources-15%-13%
424thAlchemy Resources-27%-12%
816thMount Ridley Mines-82%-10%
716 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

23/03/17
$6k Sold
07/04/16
$15k Issued
07/04/16
$15k Issued
Total value as at the date of the transaction
Source: Morningstar

Revenue

335th↑Rey Resources$11k
342nd↓Alchemy Resources$9k
343rd↓Image Resources$9k
345th↑Mount Ridley Mines$9k
346th↓Zamanco Minerals$8k
513 listed resources companies ranked by revenue.
Source: Morningstar

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