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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 29/06/18

1 year TSR5 year TSR
199thRey Resources60%4%
312thMetals Australia25%-19%
461stJadar Lithium0%0%
502ndPacific Bauxite-6%-4%
722 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

213th↑Rey Resources$145k
255th↓Pacific Bauxite$64k
256th-Jadar Lithium$63k
258th↓Noble Metals$59k
259th↑Metals Australia$56k
507 listed resources companies ranked by revenue.
Source: Morningstar

Remuneration from Rey Resources

87thGeoff Baker$210k
553rdMin Yang$186k
944thDachun Zhang$95k
Ranked by total remuneration from all listed WA companies

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