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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 31/01/18

1 year TSR5 year TSR
109thRey Resources135%-1%
166thCentaurus Metals78%-49%
641stSipa Resources-31%-35%
689thHorizon Gold-39%0%
761stBlack Rock Mining-55%24%
709 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

211th↑Horizon Gold$158k
212th↑Sipa Resources$155k
213th↑Rey Resources$145k
214th↑Black Rock Mining$145k
215th↓Centaurus Metals$142k
498 listed resources companies ranked by revenue.
Source: Morningstar

Remuneration from Rey Resources

100thGeoff Baker$210k
602ndMin Yang$186k
1026thDachun Zhang$95k
Ranked by total remuneration from all listed WA companies

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