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PERPETUAL RESOURCES LIMITED (PEC)

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ASX, Legal & CGT Status

Former (or subsequent) names

 

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Our website ranking of PEC: rating 3
(3 out of 5)
COMPANY WEBSITE:

 

REGISTRY:

Computershare Melbourne
Yarra Falls, 452 Johnston Street, Abbotsford VIC 3067
Tel : +61 (0)3 9415 4000 or 1300 850 505 (within Australia)
Fax : +61 3 9473 2500
RegistryWebsite RegistryEmail

Company details

ISIN: AU000000PEC9
Address: Unit 2, 64-68 Hay Street, Subiaco, Western Australia 6008
Tel:  (03) 9866 7889Fax: (03) 9866 5859

Date first listed: 28/02/2013

Sector: Energy Industry Group: XEJ
Activities: Development of coal mines through exploration interests in Indonesia

News & Events

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The suspension of trading in the securities of Perpetual Resources Limited will be lifted immediately, following the release by PEC of an announcement regarding its Metallurgical Results at Beharra.

22/04/2021

Continuing testing of white sand horizon at Beharra delivers game changing Iron Oxide (Fe2O3) impurity level of 120ppm with an increase in SiO2 content to 99.8%. These results represent a significant improvement in overall product specifications when compared to levels reported in the recent Pre-Feasibility Study. Confirmation of these results are likely to catapult Beharra product into a higher pricing segment of the APAC silica sand markets. Potential exists to seek sales of lightly processed yellow sand into domestic or export construction markets. Comprehensive Feasibility Study-level drilling program planning now underway to selectively develop a white sand mining scenario for Beharra, which has potential to radically improve the economics delivered under the recent PFS. Drill program and follow-on Feasibility Study-level bulk metallurgical testing program expected to commence imminently. Offtake discussion anticipated to significantly widen into higher end producers and markets.

22/04/2021

The securities of Perpetual Resources Limited will be suspended from quotation immediately under Listing Rule 17.2, at the request of PEC, pending the release of an announcement regarding its Metallurgical Results at Beharra.

21/04/2021

The suspension of trading in the securities of Perpetual Resources Limited will be lifted immediately, following the release by PEC of an announcement regarding its Metallurgical Test Results at Beharra.

29/01/2021

Bulk sample metallurgical testing confirms Beharra as the Mid-West region's highest quality (lowest impurity) silica sand product. Beharra testing confirms three distinct products. Results determine that Beharra may operate a simplified flow sheet as compared to previous expectations, with likely positive benefits to capital and operating costs. Test work results provide strong confidence in Beharra as a high quality and long-life silica sand project. Product enhancement opportunity investigations underway on discrete white sand feed material. End user interest anticipated to be very strong in response to these standout metallurgical results.

29/01/2021

The securities of Perpetual Resources Limited will be suspended from quotation immediately under Listing Rule 17.2, at the request of PEC, pending the release of an announcement regarding its Metallurgical Test Results at Beharra.

28/01/2021

listed entity carried for record purposes only

28/02/2013

 

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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
    20/09/2023Julian Babarczy426,003$0.019$8,094
    01/09/2023Robert Benussi500,000$0.018$9,020
    09/11/2022Julian Babarczy18,805$0.022$414
    08/11/2022Julian Babarczy151,000$0.020$3,020
    04/11/2022Julian Babarczy98,470$0.020$1,944

    Click here for the last 20 transactions all companies

    Directors & Executives (current)

    NAMETITLEDATE OF APPT
    Julian BabarczyExecutive Chairman07/06/2018
    Robert BenussiManaging Director07/06/2018
    Brett GrosvenorNon Exec Director10/09/2020
    Nicholas KatrisCompany Secretary

    Date of first appointment, title may have changed.

    Directors & Executives (former)

    NAMETITLEDATE OF APPOINTMENTDATE OF RESIGNATION
    George KarafotiasExecutive Director29/11/201131/12/2021
    Eric JiangExecutive Director29/11/201107/06/2018
    Ross HastingsDirector04/10/201307/06/2018
    Mark CarusoDirector04/10/201307/06/2018
    Ashley KellyNon Exec Chairman22/07/201304/10/2013

    Date of first appointment, title may have changed.