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INDIORE LTD(IOR)

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ASX, Legal & CGT Status

SHARE PRICES

(updated at weekends)
2018   ALL

Former (or subsequent) names

 FROMTO
ELMORE LTD12/07/2019
INDIORE LTD17/07/201812/07/2019
NSL CONSOLIDATED LIMITED18/05/200917/07/2018
NSL HEALTH LIMITED18/05/2009

Shareholder links

 

REGISTRY:

Security Transfer Australia Pty Ltd, 770 Canning Highway Applecross WA 6153

Tel : +61 3 9628 2200
Fax : +61 8 9315 2233
RegistryWebsite RegistryEmail

Company details

Address: 18 Sangiorgio Court Osborne Park WA 6017
Tel:  +61 8 6165 4000 Fax: +61 8 6165 4067

Date first listed: 25/02/1998
Company Secretary: Sean Henbury, Tim Lee
Sector: Materials Industry Group: XMJ
Activities: Metals and Mining

News & Events

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OFX Transferring Money Internationally to Free

name changed to Elmore Ltd

12/07/2019

The company releases the results of its meeting.

05/07/2019

MOU signed with Trendsheer Holdings for materials processing on Frances Creek Iron Ore Mine, Northern Territory. IndiOre recently purchased the process plant that is currently established on Frances Creek site. Mine plan being developed for crushing and screening of direct ship iron ore. Beneficiation of lower grade iron ore resources under review. Potential to process gold ore from projects located nearby. Joint evaluation with ICA Mining Services regarding using "environmentally friendly" Thiosulphate process developed by the CSIRO to process gold ores from near by projects owned by third parties seeking toll treatment services. IndiOre plans to commence processing at Ridges Iron Ore project with mobile equipment, instead of with the fixed plant which remains on track to be relocated once the longer-term beneficiation project is permitted.

01/07/2019

The company advises of an amendment to the notice of general meeting lodged on 5 June 2019. The proxy form contains 4 of the resolutions being put to the meeting when it should have contained the 5 resolutions.

19/06/2019

The company considers it appropriate that it remains in voluntary suspension so that it can manage its continuous disclosure obligations and to avoid the market trading in IOR securities that is not reasonably informed. The suspension is requested to remain in place until the earlier of the company making an announcement and the commencement of trading on 31 July 2019.

17/06/2019

The company's general meeting will be held at 10:00am (WST) on 5 July 2019 at Armada Accountants & Advisors 18 Sangiorgio Court Osborne Park WA 6017.

05/06/2019

Agreement signed to divest Indian subsidiary "“ currently working through conditions precedent to finalise the agreement. Crushing and Screening Plant purchase and Ridges Iron project contract processing agreements executed. Initial payment for Crushing and Screening plant made. 2 tranche equity fund raising underway. The company and First Samuel jointly agreed to terminate the previously approved First Samuel convertible debt facility. The company is to change its name to Elmore Ltd. A notice of meeting is being finalised to call an EGM to seek approval for all business changes, contracts and capital raise.

31/05/2019

The company requests that its securities remain suspended from trading pending completion of the detailed review of the company's business strategy. Given the nature of the review and the need to undertake further work, the company is not yet in a position to make any additional announcements regarding the potential outcome of the review. The company considers it appropriate that it remains in voluntary suspension so that it can manage its continuous disclosure obligations and to avoid the market trading in IOR securities on a basis that is not reasonably informed. The suspension is expected to remain in place until the earlier of hte company making an announcement and the commencement of normal trading on 3 June 2019.

02/05/2019

The company lodges its Quarterly Activities and Cashflow Report.

30/04/2019

The company requests that its securities remain suspended pending completion of the detailed review of the company's business strategy. The suspension is expected to remain in place until the earlier of the company making an announcement to the market and the commencement of trading on 1 May 2019.

02/04/2019

The company has entered into a memorandum of understanding with Gold Valley Iron, who has rights to mine the Kimberley Metals Group Ridges Iron Project in Western Australia. The intention is for IndiOre to process ore mined by GVI at the Ridges project on a contract basis.

20/03/2019

The company requests that its securities remain suspended from trading pending completion of the detailed review of the company's business strategy. The suspension is requested to remain in place until the earlier of the company making an announcement to the market and the commencement of normal trading on 1 April 2019.

28/02/2019

The Panel has declined to conduct proceedings on an application dated 22 January 2019 from Mr Benjamin Pauley in relation to the affairs of IndiOre Limited. The Panel concluded there was no reasonable prospect that it would make a declaration of unacceptable circumstances until such time as the convertible notes have been issued or it becomes clear that it is IndiOre's intention to issue the convertible notes. Accordingly, the Panel declined to conduct proceedings.

18/02/2019

The company lodges its Quarterly Cashflow Report.

31/01/2019

The company lodges its Quarterly Activities Report.

31/01/2019

The company requests an extension to its voluntary suspension pending the finalisation of a detailed review of the Company's strategy. The voluntary suspension is requested to remain in place until the earlier of the company making an announcement to the market and the commencement of normal trading on 28 February 2019.

29/01/2019

The Panel has received an application from Mr Benjamin Pauley in relation to the affairs of IndiOre Limited.

23/01/2019

The Company has now completed a drilling program aimed at providing confidence in the resources available to underpin the mine plan associated with the P3 process plant expansion. Drilling was carried on two mining leases owned by IndiOre and 3 areas on which the Company has agreements with Lease Owners. One area previously considered a likely location to include in mine plans was not drilled due to lack of permission to access the area. Disappointingly, the drilling did not intersect any mineralisation of adequate grade or thickness to justify mining on any of the project areas. As a consequence, the company has immediately cancelled the P3 project and has begun the process of dismantling the process plant and site equipment, reducing staff numbers and remediating the sites. The company has initiated an independent review in both Australia and India into the history that has led to the decision to build the project, in particular the P3 expansion, without sufficient defined resources. Management is currently working with equipment suppliers to terminate purchase orders where possible and sell or safeguard newly purchased capital items. This process is expected to be largely completed over the coming weeks at the end of which, the Company will confirm its financial position.

07/01/2019

The securities of IndiOre Ltd will be suspended from quotation from commencement of trade on Wednesday 12 December 2018 under Listing Rule 17.2, at the request of IOR, pending the release of an announcement regarding IOR's resources base underpinning the P3 project

11/12/2018

name changed from NSL Consolidated Limited

17/07/2018

 

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    Click here for free access to this company's:
    ASX, Legal & CGT Status

    Directors' on-market share transactions (last 5)

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    Purchases Sales

    DATEDIRECTORNUMBERPRICEAMOUNT
    19/05/2017Peter Richards1,000,000$0.027$26,500
    04/05/2017Jock Muir1,000,000$0.030$30,330
    21/06/2013Peter Richards215,000$0.023$4,999
    12/06/2013Peter Richards135,000$0.023$3,105
    12/06/2013Peter Richards135,000$0.023$3,105

    Click here for the last 20 transactions all companies

    Directors & Executives (current)

    NAMETITLEDATE OF APPT
    Peter RichardsNon Exec Chairman12/08/2009
    David MendelawitzManaging Director, CEO15/10/2018
    Sean FreemanCOO01/07/2009
    Nik SenapatiNon Exec Director28/09/2018

    Date of first appointment, title may have changed.

    Directors & Executives (former)

    NAMETITLEDATE OF APPOINTMENTDATE OF RESIGNATION
    Raymond BetrosNon Exec Director18/04/201806/03/2019
    Peter LinfordNon Exec Director10/02/201406/03/2019
    Jock MuirNon Exec Chairman12/08/200904/09/2018
    Cedric GoodeManaging Director, CEO01/12/200804/09/2018
    Wayne RichardsNon Exec Director15/03/201323/09/2013
    Peter WallNon Exec Director11/04/200720/12/2012

    Date of first appointment, title may have changed.