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PHOSCO LTD (PHO)

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ASX, Legal & CGT Status

Former (or subsequent) names

 FROMTO
PHOSCO LTD28/01/2022
CELAMIN HOLDINGS LIMITED€‹17/07/201828/01/2022
CELAMIN HOLDINGS NL26/10/201017/07/2018
VICTORIAN GOLD MINES NL26/10/2010

Shareholder links

Our website ranking of PHO: rating 3
(3 out of 5)

 

REGISTRY:

Automic Group
Level 5, 191 ST GEORGES TERRACE PERTH WA 6000
Tel : +61 (2) 8072 1400 or 1300 288 664 (within Australia)
RegistryWebsite RegistryEmail

Company details

ISIN: AU0000205999
Address: Level 4 100 Albert Road South Melbourne Vic 3205
Tel:  (03) 9692 7222Fax: (03) 9077 9233

Date first listed: 17/12/2009
Company Secretary: Stefan Ross
Sector: Materials Industry Group: XMJ
Activities: Mining exploration in North Africa

News & Events

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The suspension of trading in the securities of PhosCo Ltd will be lifted immediately following lodgement of its Half-year Financial Report - 31 December 2022.

20/03/2023

The company lodges its Half-year Financial Report - 31 December 2022.

17/03/2023

The securities of the company will be suspended from quotation under Listing Rule 17.5 from the commencement of trading today, Friday, 17 March 2023, for not lodging the relevant periodic report by the due date. If the report is lodged between the closure of the market announcements office yesterday and the imposition of the suspension, the entity's securities will normally be reinstated to quotation on the next trading day after the suspension is imposed.

17/03/2023

The suspension of trading in the securities of PhosCo Ltd will be lifted immediately following the release by PHO of an announcement regarding the Chaketma Mining Concession Application as referred to in PHO's letter dated 21 December 2022.

03/01/2023

As announced on 20 September 2022, PhosCo through its 50.99% owned subsidiary CPSA lodged an updated concession application for the Chaketma Phosphate Project located in Tunisia supported by an updated financing plan. CPSA on 19 December 2022 received a letter from the Minister of Industry, Mines and Energy dated 7 December 2022 whereby the application for a mining concession over the Project did not receive approval (Minister's Decision). PhosCo has been advised by specialist Tunisian lawyers that it has strong grounds to seek reversal of this decision. CPSA has complied with the requirements of the mining code and has an exclusive right to the Mining Concession. PhosCo is protected by Tunisian investment laws and international treaties. PhosCo will engage with the Minister to ensure its rights are protected in relation to the mining concession application and take into account PhosCo's various options to acquire the remaining minority interest in the Project. The First Instance Court in Tunisia has ruled in favour of PhosCo seizing the 48.99% interest in Chaketma held by its joint venture partner, Tunisian Mining Services. This ruling is for non-payment of A$6m damages owed by TMS to PhosCo and is a positive step towards PhosCo acquiring 100% of Chaketma (subject to any appeal). PhosCo will seek to acquire TMS' seized shares and achieve 100% ownership of Chaketma through the sales process, with the amount determined to be deducted from the damages owed to PhosCo. PhosCo maintains a priority right as an existing CPSA shareholder.

03/01/2023

The securities of PhosCo Ltd will be suspended from quotation immediately under Listing Rule 17.2, at the request of PHO, pending the release of an announcement in relation to the Chaketma Mining Concession Application as referred to in PHO's letter dated 21 December 2022.

23/12/2022

name changed from Celamin Holdings Limited

28/01/2022

 

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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
    24/08/2023Tarecq Aldaoud30,000$0.073$2,190
    14/12/2020Simon Eley125,000$0.092$11,500
    19/06/2014David Regan715,000$0.039$27,945
    16/05/2014Russell Luxford410,000$0.040$16,538
    10/01/2014Gary Scanlan149,360$0.033$4,955

    Click here for the last 20 transactions all companies

    Directors & Executives (current)

    NAMETITLEDATE OF APPT
    Robin WiddupChairman21/11/2018
    Simon EleyManaging Director, CEO01/07/2018
    Craig SmythCFO29/07/2021
    Tarecq AldaoudExecutive Director03/01/2019
    Tim MarkwellAlternate Director, Interim CEO02/02/2015

    Date of first appointment, title may have changed.

    Directors & Executives (former)

    NAMETITLEDATE OF APPOINTMENTDATE OF RESIGNATION
    Martin BroomeChairman22/02/201211/12/2018
    Sue-Ann HigginsNon Exec Director02/02/201511/12/2018
    Nicholas CliftNon Exec Director08/05/201423/11/2018
    Russell LuxfordNon Exec Director26/10/201218/09/2015
    David ReganNon Exec Director12/10/201021/11/2014
    Andrew ThomsonNon Exec Chairman04/01/201201/10/2014
    Gary ScanlanNon Exec Director, Deputy Chairman19/10/201210/04/2014
    Melanie LeydinNon Exec Director18/11/201119/10/2012
    Timothy ReganExecutive Director30/08/201210/10/2012
    Justin MouchaccaNon Exec Director18/11/201122/02/2012
    Kevin NicholNon Exec Chairman03/09/200918/11/2011
    Michael TrifunovicNon Exec Director01/04/201018/11/2011
    Peter AveryNon Exec Director03/09/200918/11/2011
    Douglass CahillManaging Director03/09/200901/04/2010

    Date of first appointment, title may have changed.