Dear Ms Lantry, I refer to your correspondence to the Premier, the Hon Mike Baird, MP, dated 5 May 2015 concerning the cancellation of Exploration Licence 7270 by the Mining Amendment (ICAC Operations Jasper and Acacia) Act 2014. I note you have previously written to the former Premier, the Hon ...
Read More »NuCoal’s Loss, Shareholders Lose, Australia Loses
In December 2009, NuCoal acquired all of the issued capital of Doyles Creek Mining Pty Ltd (DCM) for $94 million and thereby Exploration Licence 7270 (EL 7270). On 23 November 2011, the NSW Government announced that the Independent Commission Against Corruption (ICAC) would be tasked with undertaking an inquiry into ...
Read More »NuCoal investor makes plea to NSW MPs
Sean Nicholls State Political Editor The plight of a shareholder who faces losing hundreds of thousands of dollars when a controversial coal licence is torn up by the NSW government will be raised in the Coalition party room before special legislation is introduced to Parliament. Newcastle MP Tim Owen will ...
Read More »Mum and Dad Investors Appeal Compo Decision
NUCOAL shareholders, including Hunter-based “mum and dad” investors, have appealed to the state government to reconsider its decision not to compensate them as it prepares to strip their company of its exploration licence. Newcastle MP Tim Owen will raise the issue of compensation at a Coalition party room meeting ahead ...
Read More »ICAC investigation Operation Acacia – Pending Government decision on Doyles Creek Mining
TO: The Hon Barry O’Farrell MP Premier of New South Wales Minister for Western Sydney Level 40, Governor Macquarie Tower 1, Farrer Place SYDNEY NSW 2000, Australia Dear Premier, we are writing to you on behalf of the Crocodile Capital Fund, who is a substantial investor in NuCoal Resources Ltd, “NuCoal”, ...
Read More »NuCoal Halts Pending Enquiry
NuCoal Halts Pending Enquiry. This story was aired by NBN News, permission to reproduce has been granted to WTF.
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